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2026-10-13 13:25:55 UTC

waxwing on Nostr: Here's what withdrawal looks like when the hub has gone offline. There are 2 such ...

Here's what withdrawal looks like when the hub has gone offline. There are 2 such transactions. Each about 10kvb, a mere 40kB of witness/script 😄 (seriously though: big, but not a problem at all).

https://mutinynet.com/tx/5193b49e0c3bc62a5a72636b0a28ef83a279effb6f5ed79dcaaa632912a72ff8?showDetails=true
Doesn't look like much (because it isn't! lol), but here is the first ever withdrawal from a lichen on a public network :

https://mutinynet.com/tx/0a1efc47e251e32dab3d57d1ef0052f9f55b5ef6527ecc0b65957d5f69652338

Alice deposited 30k sats into the L2 for a 2 week timeframe, paid Bob 5k, then withdrew 20k. Now Bob has 5k sats more and Alice has 5k sats left. Alice's leftover 5k sats in this case are in "credit" mode: she can't exit them any more independently, she'd have to sell them to someone else. In general, she won't do this; she'll withdraw everything when she withdraws, that's the simplest, or just "novate" : when she wants to withdraw she'll negotiate a new contract to replace the first one.

Also it won't be very practical to use 10k sat type deposits in a real deployment. Like 400k and up is my guess. Of course L2 txs can be v. small.