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32 lines
1.1 KiB
Markdown
32 lines
1.1 KiB
Markdown
---
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sidebar_position: 4
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title: 'Leaving the Ark'
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---
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### Overview
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Alice wants to leave the Ark and get her funds back on-chain. It requires an on-chain transaction.
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### Cooperative exit
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#### Timeline of events
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1. Alice tells ASP she wants to trade [VTXO](#vtxo) for UTXO
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2. ASP (with Alice) prepares next [Pool transaction](#pool-transaction-aka-ark-transaction):
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- an additional output is added, locked by `Alice`
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3. Alice creates a [Forfeit transaction](#forfeit-transaction-):
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- spends from VTXO (1) with `Alice + ASP`
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- adds connector output from Pool transaction (2) as input
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- signs it and send it to the ASP
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4. ASP broadcasts [Pool transaction](#pool-transaction-aka-ark-transaction)
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5. Alice has now a new UTXO
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6. For at most 4 weeks, Alice will be able to double spend her’s [VTXO](#vtxo), but if she does it, the ASP will have time (24 hours) to grab the funds from the [VTXO](#vtxo) to itself using the [Forfeit transaction](#forfeit-transaction-)
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### Non-cooperative exit
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If ASP is unresponsive, Alice can unilaterally exit revealing the branch of the Pool transaction that locks her funds.
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#### Timeline of events
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TBD |