@@ -46,7 +46,9 @@ it is broadcast to bitcoin for confirmation.
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The deposit process is initiated by the user,
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who sends 10[ ^ fees ] BTC to a P2TR address, where:
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- [ ^ fees ] : The user must pay the bitcoin network fees for both the Deposit Request and Deposit Transactions.
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+ [ ^ fees ] :
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+ The user must pay the bitcoin network fees for both
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+ the Deposit Request and Deposit Transactions.
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1 . The key path spend is unspendable, following
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[ BIP 341] ( https://github.com/bitcoin/bips/blob/master/bip-0341.mediawiki#constructing-and-spending-taproot-outputs )
@@ -124,12 +126,13 @@ sequenceDiagram
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The user requests a withdrawal on Strata and an operator is assigned to
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fulfill the request on bitcoin:
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- 1 . The user initiates a withdrawal request, in response to which the corresponding
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+ 1 . The user initiates a withdrawal request, in response to which the corresponding
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amount of Strata BTC is burned.
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- 1 . After the burn is confirmed, the assigned operator creates and signs a Withdrawal Transaction
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- (WT) on the bitcoin blockchain where they spend 10 BTC from the bridge address' UTXO set,
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- while subtracting the operator's fee (5% of the bridge denomination) and the mining fee
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- (minimum 10 satoshis per vByte),
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+ 1 . After the burn is confirmed, the assigned operator creates and signs
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+ Withdrawal Transaction (WT) on the bitcoin blockchain where they spend 10 BTC
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+ from the bridge address' UTXO set,
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+ while subtracting the operator's fee (5% of the bridge denomination)
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+ and the mining fee (minimum 10 satoshis per vByte),
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and requests the other $N-1$ operators to sign
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the Withdrawal Transaction.
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1 . Once all the signatures have been aggregated, the transaction is submitted to
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