Who here has interpreted the SC paper to mean that you can get your BTC back from scBTC in the case of a SC failure?
I don't interpret it that way.
Before you can get your BTC back, you've got to perform burn transaction on the sidechain.
So if the sidechain ceases to function entirely, you have no way to generate the SPV proof that lets you claim your BTC.
But does the paper state that you have to perform this burn to get back or is that your interpretation of what has to happen?
Reason I ask is that many people seem to believe they can get back no matter what.