Grail Bridge - Operator-Initiated Withdrawal (withdraw to Bitcoin)
Last updated
Last updated
This supports the user withdrawal on the back end.
In the operator-initiated withdrawal operation, an operator holding tokens will exchange them for some of the UTXOs locked on the bridge.
Request Withdrawal
The operator requests a withdrawal and specifies an amount and target address. The smart contract collects the token equivalent, selects a group of UTXOs that match the amount, and assigns those UTXOs to the operator's address.
Afterward, the smart contract state is committed to the Bitcoin network. The operator can use a zk-proof showing that the UTXOs have been assigned to them to transfer the funds on the Bitcoin network.
