ClearingHouse records transactional information using the viacoin blockchain. To send XCH from Alice to Bob means sending a small amount of Viacoin to addresses. Those transactions have the metadata in them. This means ClearingHouse can then go back over the blockchain and extract the data from the blockchain.
Does that make sense? When you send XCH the XCH control moves from your address to the destination address. No XCH is reduced, you only pay a tiny *viacoin* fee for making the transaction (just as you would for a normal viacoin transaction).
Are you saying that I can convert the 500 XCH that is now represented as .0012 VIAcoin in my wallet back into 500 XCH (minus the small VIA fee) by sending it from my VIAcoin wallet back to ClearWallet?
If this is correct, is there any special procedure? (Or would I just send .0012 VIAcoin to my ClearWallet address?)
What i am saying is it was never converted. You sent XCH, what you are seeing, this 0.0012 is just the fee. XCH does not show up on the viacoin block explorer since it is not Via.
You say that "no XCH is reduced" and that it "wasn't converted." That implies to me that I
sent 500 XCH and (because it wasn't reduced or converted) that 500 XCH still exists somewhere. Since it is not visible in my ClearWallet wallet, or in my VIA wallet, how do I retrieve it?
I am sincerely trying to understand what happened when I "sent" the 500 XCH. Normally, when you "send" something, it arrives somewhere; somebody gains access to what was sent.
What address did you send the XCH to? PM me, then you can post your results.