diff --git a/CHANGELOG.md b/CHANGELOG.md
index 68c6c4ed976..4b0d4832824 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -18,6 +18,11 @@ changes.
   - Removed the check that prevented committing UTxOs from an internal `hydra-node` wallet.
   - `SpendingNodeUtxoForbidden` error was removed.
 
+- Add capability to move UTxO out of an open Head to the Cardano main chain:
+  - Submitting a decommit transaction to `POST /decommit` or as `Decommit` command through websocket, requests removal of this transactions' outputs from the head.
+  - When successful, `DecommitApproved` and `DecommitFinalized` indicate that all outputs are made available on the layer one.
+  - Invalid transactions are explained through a `DecommitInvalid` server output.
+  
 - Change `--start-chain-from` to always use the newer point when also a head state is known.
 
 - Moved several pages from "core concepts" into the user manual and developer docs to futher improve user journey.
diff --git a/docs/docs/dev/protocol.md b/docs/docs/dev/protocol.md
new file mode 100644
index 00000000000..cfa046ac0e1
--- /dev/null
+++ b/docs/docs/dev/protocol.md
@@ -0,0 +1,43 @@
+# Protocol
+
+Additional implementation-specific documentation for the Hydra Head protocol and extensions like incremental decommits.
+
+### Incremental Decommits
+
+```mermaid
+sequenceDiagram
+    Alice->>HeadLogic: Decommit (decTx)
+    HeadLogic->>HeadLogic: canApply decTx
+
+    par broadcast
+        HeadLogic->>HeadLogic: ReqDec decTx
+    and
+        HeadLogic->>Node B: ReqDec decTx
+    end
+
+    HeadLogic -->> Alice: DecommitRequested
+
+    par Alice isLeader
+        HeadLogic->>HeadLogic: ReqSn decTx
+    and
+        HeadLogic->>Node B: ReqSn decTx
+    end
+
+    HeadLogic->>HeadLogic: canApply decTx, decUTxO =  outputs(decTx)
+    HeadLogic->>HeadLogic: sig = sign snapshot incl. decUTxO
+
+    par broadcast
+        HeadLogic->>HeadLogic: AckSn sig
+    and
+        HeadLogic->>Node B: AckSn sig
+    end
+
+    Node B->>HeadLogic: AckSn sig
+
+    HeadLogic -->> Alice: SnapshotConfirmed
+    HeadLogic -->> Alice: DecommitApproved
+
+    HeadLogic ->> Chain: DecrementTx snapshot sig
+    Chain ->> HeadLogic: OnDecrementTx
+    HeadLogic -->> Alice: DecommitFinalized
+```
diff --git a/docs/docs/how-to/event-sinks-and-sources.md b/docs/docs/how-to/event-sinks-and-sources.md
index 2541e07a5a3..0a3009a130c 100644
--- a/docs/docs/how-to/event-sinks-and-sources.md
+++ b/docs/docs/how-to/event-sinks-and-sources.md
@@ -1,5 +1,5 @@
 ---
-sidebar_position: 4
+sidebar_position: 5
 ---
 
 # Extend the node with event source and sinks
diff --git a/docs/docs/how-to/incremental-decommit.md b/docs/docs/how-to/incremental-decommit.md
new file mode 100644
index 00000000000..0a810f9ada7
--- /dev/null
+++ b/docs/docs/how-to/incremental-decommit.md
@@ -0,0 +1,115 @@
+---
+sidebar_position: 3
+---
+
+# Decommit funds
+
+To take out some `UTxO` present in an open head and send it back to the layer one, you need to do a so-called `decommit`.
+
+This how-to assumes that we are in a similar situation as in the [Getting Started](../getting-started) or [Testnet tutorial](../tutorial). Depending on who owns something in your head, you might need to update the instructions of this tutorial. In our example we decommit funds owned by Alice from their address:
+
+```shell
+export WALLET_SK=credentials/alice-funds.sk
+export WALLET_ADDR=addr_test1vp5cxztpc6hep9ds7fjgmle3l225tk8ske3rmwr9adu0m6qchmx5z
+```
+
+First, we need to find out which `UTxO` we can spend using our address:
+
+```shell
+curl localhost:4001/snapshot/utxo \
+  | jq "with_entries(select(.value.address == \"${WALLET_ADDR}\"))" \
+  > utxo.json
+```
+
+<details>
+<summary> Example output</summary>
+
+```json
+{
+  "f6b004be1cf95dbd3d0abc3daceac40ef6401e502972a919e5e52564b9f5740b#0": {
+    "address": "addr_test1vp5cxztpc6hep9ds7fjgmle3l225tk8ske3rmwr9adu0m6qchmx5z",
+    "datum": null,
+    "datumhash": null,
+    "inlineDatum": null,
+    "referenceScript": null,
+    "value": {
+      "lovelace": 50000000
+    }
+  },
+  "f6b004be1cf95dbd3d0abc3daceac40ef6401e502972a919e5e52564b9f5740b#1": {
+    "address": "addr_test1vp5cxztpc6hep9ds7fjgmle3l225tk8ske3rmwr9adu0m6qchmx5z",
+    "datum": null,
+    "datumhash": null,
+    "inlineDatum": null,
+    "referenceScript": null,
+    "value": {
+      "lovelace": 50000000
+    }
+  }
+}
+```
+
+</details>
+
+Now, the `decommit` command requires us to build a transaction that proves we can spend what we want to decommit. The outputs of this transaction will be the outputs that are also going to be made available on the main chain.
+
+For example, to spend the first UTxO queried above in a transaction sending the same value to Alice's key (so she can spend it on the layer one later):
+
+```shell
+LOVELACE=$(jq -r 'to_entries[0].value.value.lovelace' < utxo.json)
+cardano-cli transaction build-raw \
+  --tx-in $(jq -r 'to_entries[0].key' < utxo.json) \
+  --tx-out ${WALLET_ADDR}+${LOVELACE} \
+  --fee 0 \
+  --out-file decommit.json
+```
+
+You can inspect the transaction with
+
+```shell
+cardano-cli transaction view --tx-file decommit.json
+```
+
+As the transaction spends from Alices funds in the Hydra head, we also need to
+sign it with her key:
+
+```shell
+cardano-cli transaction sign \
+  --tx-file decommit.json \
+  --signing-key-file ${WALLET_SK} \
+  --out-file alice-decommit-tx-signed.json
+```
+
+With the signed decommit transaction, now we can submit it to the `/decommit` endpoint:
+
+```shell
+curl -X POST 127.0.0.1:4001/decommit \
+  --data @alice-decommit-tx-signed.json
+```
+
+<details>
+<summary>Alternative using websocket</summary>
+
+We can also submit a `Decommit` client input using a websocket:
+```shell
+cat alice-decommit-tx-signed.json \
+  | jq -c '{tag: "Decommit", decommitTx: .}' \
+  | websocat "ws://127.0.0.1:4001?history=no"
+```
+
+</details>
+
+If you haven't already, open a websocket session using `websocat ws://0.0.0.0:4001` now.
+
+In the message history you will see a `DecommitRequested` message which
+indicates a decommit is requested.
+
+After some time, a `DecommitFinalized` can be observed which concludes the decommit process and after which the funds are available on the layer one.
+
+To confirm, you can query the funds of the wallet on the layer one from a `cardano-node`:
+
+```shell
+cardano-cli query utxo \
+  --address ${WALLET_ADDR} \
+  --output-json | jq
+```
diff --git a/docs/docs/how-to/operating-hydra.md b/docs/docs/how-to/operating-hydra.md
index 53e165b02b7..3cdcfa9f31b 100644
--- a/docs/docs/how-to/operating-hydra.md
+++ b/docs/docs/how-to/operating-hydra.md
@@ -1,5 +1,5 @@
 ---
-sidebar_position: 3
+sidebar_position: 4
 ---
 
 # Operate a Hydra node
diff --git a/docs/sidebars.js b/docs/sidebars.js
index 1e7005e8e6a..f3d3621fdc3 100644
--- a/docs/sidebars.js
+++ b/docs/sidebars.js
@@ -63,6 +63,7 @@ module.exports = {
       id: "dev/specification",
       label: "Specification",
     },
+    "dev/protocol",
     {
       type: "category",
       link: { type: "doc", id: "dev/architecture/index" },
diff --git a/fourmolu.yaml b/fourmolu.yaml
index e80bf8748e6..a2cc9149333 100644
--- a/fourmolu.yaml
+++ b/fourmolu.yaml
@@ -11,6 +11,7 @@ fixities:
   - infixr 0 $
   - infixr 1 &
   - infixl 3 <|>
+  - infixr 2 ||
   - infixr 3 &&
   - infixl 1 <&>
   - infixl 4 <$>
diff --git a/hydra-cardano-api/src/Cardano/Api/UTxO.hs b/hydra-cardano-api/src/Cardano/Api/UTxO.hs
index e396331597b..7da9890ed2d 100644
--- a/hydra-cardano-api/src/Cardano/Api/UTxO.hs
+++ b/hydra-cardano-api/src/Cardano/Api/UTxO.hs
@@ -85,6 +85,14 @@ render (k, TxOut _ (txOutValueToValue -> v) _ _) =
 min :: UTxO -> UTxO
 min = UTxO . uncurry Map.singleton . Map.findMin . toMap
 
+-- | Remove the right hand side from the left hand side.
+difference :: UTxO' out -> UTxO' out -> UTxO' out
+difference a b = UTxO $ Map.difference (toMap a) (toMap b)
+
+-- | Infix version of 'difference'.
+(\\) :: UTxO' out -> UTxO' out -> UTxO' out
+a \\ b = difference a b
+
 -- * Type Conversions
 
 -- | Transforms a UTxO containing tx outs from any era into Babbage era.
diff --git a/hydra-chain-observer/src/Hydra/ChainObserver.hs b/hydra-chain-observer/src/Hydra/ChainObserver.hs
index 10597773b2c..21061d821a2 100644
--- a/hydra-chain-observer/src/Hydra/ChainObserver.hs
+++ b/hydra-chain-observer/src/Hydra/ChainObserver.hs
@@ -92,6 +92,7 @@ data ChainObserverLog
   | HeadInitTx {headId :: HeadId}
   | HeadCommitTx {headId :: HeadId}
   | HeadCollectComTx {headId :: HeadId}
+  | HeadDecrementTx {headId :: HeadId}
   | HeadCloseTx {headId :: HeadId}
   | HeadFanoutTx {headId :: HeadId}
   | HeadAbortTx {headId :: HeadId}
@@ -205,6 +206,7 @@ chainSyncClient tracer networkId startingPoint observerHandler =
     OnInitTx{headId} -> HeadInitTx{headId}
     OnCommitTx{headId} -> HeadCommitTx{headId}
     OnCollectComTx{headId} -> HeadCollectComTx{headId}
+    OnDecrementTx{headId} -> HeadDecrementTx{headId}
     OnCloseTx{headId} -> HeadCloseTx{headId}
     OnFanoutTx{headId} -> HeadFanoutTx{headId}
     OnAbortTx{headId} -> HeadAbortTx{headId}
diff --git a/hydra-chain-observer/test/Hydra/ChainObserverSpec.hs b/hydra-chain-observer/test/Hydra/ChainObserverSpec.hs
index cbc6f00837b..d34c2c4a134 100644
--- a/hydra-chain-observer/test/Hydra/ChainObserverSpec.hs
+++ b/hydra-chain-observer/test/Hydra/ChainObserverSpec.hs
@@ -25,6 +25,7 @@ spec =
                     Just (Init{}) -> transition === Transition.Init
                     Just (Commit{}) -> transition === Transition.Commit
                     Just (CollectCom{}) -> transition === Transition.Collect
+                    Just (Decrement{}) -> transition === Transition.Decrement
                     Just (Abort{}) -> transition === Transition.Abort
                     Just (Close{}) -> transition === Transition.Close
                     Just (Contest{}) -> transition === Transition.Contest
diff --git a/hydra-cluster/src/CardanoClient.hs b/hydra-cluster/src/CardanoClient.hs
index 0e4814c3b27..9ad588637ee 100644
--- a/hydra-cluster/src/CardanoClient.hs
+++ b/hydra-cluster/src/CardanoClient.hs
@@ -88,14 +88,17 @@ waitForPayments networkId socket amount addr =
   selectPayments (UTxO utxo) =
     Map.filter ((== amount) . selectLovelace . txOutValue) utxo
 
+-- | Wait for transaction outputs with matching lovelace value and addresses of
+-- the whole given UTxO
 waitForUTxO ::
-  NetworkId ->
-  SocketPath ->
+  RunningNode ->
   UTxO ->
   IO ()
-waitForUTxO networkId nodeSocket utxo =
+waitForUTxO node utxo =
   forM_ (snd <$> UTxO.pairs utxo) forEachUTxO
  where
+  RunningNode{networkId, nodeSocket} = node
+
   forEachUTxO :: TxOut CtxUTxO -> IO ()
   forEachUTxO = \case
     TxOut (ShelleyAddressInEra addr@ShelleyAddress{}) value _ _ -> do
diff --git a/hydra-cluster/src/Hydra/Cluster/Scenarios.hs b/hydra-cluster/src/Hydra/Cluster/Scenarios.hs
index 654c18956ff..3b31782b2ca 100644
--- a/hydra-cluster/src/Hydra/Cluster/Scenarios.hs
+++ b/hydra-cluster/src/Hydra/Cluster/Scenarios.hs
@@ -14,6 +14,7 @@ import CardanoClient (
   queryTip,
   queryUTxOFor,
   submitTx,
+  waitForUTxO,
  )
 import CardanoNode (NodeLog)
 import Control.Concurrent.Async (mapConcurrently_)
@@ -24,9 +25,36 @@ import Data.Aeson.Lens (key, values, _JSON)
 import Data.Aeson.Types (parseMaybe)
 import Data.ByteString (isInfixOf)
 import Data.ByteString qualified as B
+import Data.List qualified as List
 import Data.Set qualified as Set
-import Hydra.API.HTTPServer (DraftCommitTxResponse (..), TransactionSubmitted (..))
-import Hydra.Cardano.Api (Coin (..), File (File), Key (SigningKey), PaymentKey, Tx, TxId, UTxO, getVerificationKey, isVkTxOut, lovelaceToValue, makeSignedTransaction, mkVkAddress, selectLovelace, signTx, txOutAddress, txOutValue, writeFileTextEnvelope, pattern ReferenceScriptNone, pattern TxOut, pattern TxOutDatumNone)
+import Hydra.API.HTTPServer (
+  DraftCommitTxResponse (..),
+  TransactionSubmitted (..),
+ )
+import Hydra.Cardano.Api (
+  Coin (..),
+  File (File),
+  Key (SigningKey),
+  PaymentKey,
+  Tx,
+  TxId,
+  UTxO,
+  getTxBody,
+  getVerificationKey,
+  isVkTxOut,
+  lovelaceToValue,
+  makeSignedTransaction,
+  mkVkAddress,
+  selectLovelace,
+  signTx,
+  txOutAddress,
+  txOutValue,
+  utxoFromTx,
+  writeFileTextEnvelope,
+  pattern ReferenceScriptNone,
+  pattern TxOut,
+  pattern TxOutDatumNone,
+ )
 import Hydra.Chain.Direct.Tx (verificationKeyToOnChainId)
 import Hydra.Cluster.Faucet (FaucetLog, seedFromFaucet, seedFromFaucet_)
 import Hydra.Cluster.Faucet qualified as Faucet
@@ -39,7 +67,7 @@ import Hydra.HeadId (HeadId)
 import Hydra.Ledger (IsTx (balance), txId)
 import Hydra.Ledger.Cardano (genKeyPair, mkSimpleTx)
 import Hydra.Logging (Tracer, traceWith)
-import Hydra.Options (networkId, startChainFrom)
+import Hydra.Options (DirectChainConfig (..), networkId, startChainFrom)
 import Hydra.Party (Party)
 import HydraNode (
   HydraClient (..),
@@ -47,6 +75,7 @@ import HydraNode (
   getSnapshotUTxO,
   input,
   output,
+  postDecommit,
   requestCommitTx,
   send,
   waitFor,
@@ -72,7 +101,7 @@ import Network.HTTP.Req (
  )
 import System.Directory (removeDirectoryRecursive)
 import System.FilePath ((</>))
-import Test.QuickCheck (choose, generate)
+import Test.QuickCheck (choose, elements, generate)
 
 data EndToEndLog
   = ClusterOptions {options :: Options}
@@ -566,6 +595,99 @@ initWithWrongKeys workDir tracer node@RunningNode{nodeSocket} hydraScriptsTxId =
 
       participants `shouldMatchList` expectedParticipants
 
+-- | Open a a single participant head with some UTxO and incrementally decommit it.
+canDecommit :: Tracer IO EndToEndLog -> FilePath -> RunningNode -> TxId -> IO ()
+canDecommit tracer workDir node hydraScriptsTxId =
+  (`finally` returnFundsToFaucet tracer node Alice) $ do
+    refuelIfNeeded tracer node Alice 30_000_000
+    let contestationPeriod = UnsafeContestationPeriod 1
+    aliceChainConfig <-
+      chainConfigFor Alice workDir nodeSocket hydraScriptsTxId [] contestationPeriod
+        <&> setNetworkId networkId
+    withHydraNode hydraTracer aliceChainConfig workDir 1 aliceSk [] [1] $ \n1 -> do
+      -- Initialize & open head
+      send n1 $ input "Init" []
+      headId <- waitMatch 10 n1 $ headIsInitializingWith (Set.fromList [alice])
+
+      (walletVk, walletSk) <- generate genKeyPair
+      let headAmount = 8_000_000
+      let commitAmount = 5_000_000
+      headUTxO <- seedFromFaucet node walletVk headAmount (contramap FromFaucet tracer)
+      commitUTxO <- seedFromFaucet node walletVk commitAmount (contramap FromFaucet tracer)
+
+      requestCommitTx n1 (headUTxO <> commitUTxO) <&> signTx walletSk >>= submitTx node
+
+      waitFor hydraTracer 10 [n1] $
+        output "HeadIsOpen" ["utxo" .= toJSON (headUTxO <> commitUTxO), "headId" .= headId]
+
+      -- Decommit the single commitUTxO by creating a fully "respending" decommit transaction
+      let walletAddress = mkVkAddress networkId walletVk
+      decommitTx <- do
+        let (i, o) = List.head $ UTxO.pairs commitUTxO
+        either (failure . show) pure $
+          mkSimpleTx (i, o) (walletAddress, txOutValue o) walletSk
+
+      expectFailureOnUnsignedDecommitTx n1 headId decommitTx
+      expectSuccessOnSignedDecommitTx n1 headId decommitTx
+
+      -- After decommit Head UTxO should not contain decommitted outputs and wallet owns the funds on L1
+      getSnapshotUTxO n1 `shouldReturn` headUTxO
+      (balance <$> queryUTxOFor networkId nodeSocket QueryTip walletVk)
+        `shouldReturn` lovelaceToValue commitAmount
+
+      -- Close and Fanout whatever is left in the Head back to L1
+      send n1 $ input "Close" []
+      deadline <- waitMatch (10 * blockTime) n1 $ \v -> do
+        guard $ v ^? key "tag" == Just "HeadIsClosed"
+        v ^? key "contestationDeadline" . _JSON
+      remainingTime <- diffUTCTime deadline <$> getCurrentTime
+      waitFor hydraTracer (remainingTime + 3 * blockTime) [n1] $
+        output "ReadyToFanout" ["headId" .= headId]
+      send n1 $ input "Fanout" []
+      waitMatch (10 * blockTime) n1 $ \v ->
+        guard $ v ^? key "tag" == Just "HeadIsFinalized"
+
+      -- Assert final wallet balance
+      (balance <$> queryUTxOFor networkId nodeSocket QueryTip walletVk)
+        `shouldReturn` lovelaceToValue (headAmount + commitAmount)
+ where
+  expectSuccessOnSignedDecommitTx n headId decommitTx = do
+    let decommitUTxO = utxoFromTx decommitTx
+        decommitTxId = txId decommitTx
+    -- Sometimes use websocket, sometimes use HTTP
+    join . generate $
+      elements
+        [ send n $ input "Decommit" ["decommitTx" .= decommitTx]
+        , postDecommit n decommitTx
+        ]
+    waitFor hydraTracer 10 [n] $
+      output "DecommitRequested" ["headId" .= headId, "decommitTx" .= decommitTx, "utxoToDecommit" .= decommitUTxO]
+    waitFor hydraTracer 10 [n] $
+      output "DecommitApproved" ["headId" .= headId, "decommitTxId" .= decommitTxId, "utxoToDecommit" .= decommitUTxO]
+    failAfter 10 $ waitForUTxO node decommitUTxO
+    waitFor hydraTracer 10 [n] $
+      output "DecommitFinalized" ["headId" .= headId, "decommitTxId" .= decommitTxId]
+
+  expectFailureOnUnsignedDecommitTx n headId decommitTx = do
+    let unsignedDecommitTx = makeSignedTransaction [] $ getTxBody decommitTx
+    join . generate $
+      elements
+        [ send n $ input "Decommit" ["decommitTx" .= unsignedDecommitTx]
+        , postDecommit n unsignedDecommitTx
+        ]
+
+    validationError <- waitMatch 10 n $ \v -> do
+      guard $ v ^? key "headId" == Just (toJSON headId)
+      guard $ v ^? key "tag" == Just (Aeson.String "DecommitInvalid")
+      guard $ v ^? key "decommitTx" == Just (toJSON unsignedDecommitTx)
+      v ^? key "decommitInvalidReason" . key "validationError" . key "reason" . _JSON
+
+    validationError `shouldContain` "MissingVKeyWitnessesUTXOW"
+
+  hydraTracer = contramap FromHydraNode tracer
+
+  RunningNode{networkId, nodeSocket, blockTime} = node
+
 -- * L2 scenarios
 
 -- | Finds UTxO owned by given key in the head and creates transactions
diff --git a/hydra-cluster/src/HydraNode.hs b/hydra-cluster/src/HydraNode.hs
index 0c73f7cb902..ed4225eb707 100644
--- a/hydra-cluster/src/HydraNode.hs
+++ b/hydra-cluster/src/HydraNode.hs
@@ -28,8 +28,10 @@ import Hydra.Logging (Tracer, Verbosity (..), traceWith)
 import Hydra.Network (Host (Host), NodeId (NodeId))
 import Hydra.Network qualified as Network
 import Hydra.Options (ChainConfig (..), DirectChainConfig (..), LedgerConfig (..), RunOptions (..), defaultDirectChainConfig, toArgs)
+import Network.HTTP.Conduit (parseUrlThrow)
 import Network.HTTP.Req (GET (..), HttpException, JsonResponse, NoReqBody (..), POST (..), ReqBodyJson (..), defaultHttpConfig, responseBody, runReq, (/:))
 import Network.HTTP.Req qualified as Req
+import Network.HTTP.Simple (httpLbs, setRequestBodyJSON)
 import Network.WebSockets (Connection, ConnectionException, HandshakeException, receiveData, runClient, sendClose, sendTextData)
 import System.FilePath ((<.>), (</>))
 import System.IO.Temp (withSystemTempDirectory)
@@ -181,6 +183,14 @@ requestCommitTx HydraClient{hydraNodeId} utxos =
       (Proxy :: Proxy (JsonResponse (DraftCommitTxResponse Tx)))
       (Req.port $ 4_000 + hydraNodeId)
 
+-- | Submit a decommit transaction to the hydra-node.
+postDecommit :: HydraClient -> Tx -> IO ()
+postDecommit HydraClient{hydraNodeId} decommitTx = do
+  void $
+    parseUrlThrow ("POST http://127.0.0.1:" <> show (4000 + hydraNodeId) <> "/decommit")
+      <&> setRequestBodyJSON decommitTx
+        >>= httpLbs
+
 -- | Get the latest snapshot UTxO from the hydra-node. NOTE: While we usually
 -- avoid parsing responses using the same data types as the system under test,
 -- this parses the response as a 'UTxO' type as we often need to pick it apart.
diff --git a/hydra-cluster/test/Test/ChainObserverSpec.hs b/hydra-cluster/test/Test/ChainObserverSpec.hs
index 59f4f68fe6b..ee70a7501b1 100644
--- a/hydra-cluster/test/Test/ChainObserverSpec.hs
+++ b/hydra-cluster/test/Test/ChainObserverSpec.hs
@@ -9,6 +9,7 @@ module Test.ChainObserverSpec where
 import Hydra.Prelude
 import Test.Hydra.Prelude
 
+import Cardano.Api.UTxO qualified as UTxO
 import CardanoClient (RunningNode (..), submitTx)
 import CardanoNode (NodeLog, withCardanoNodeDevnet)
 import Control.Concurrent.Class.MonadSTM (modifyTVar', newTVarIO, readTVarIO)
@@ -16,15 +17,19 @@ import Control.Lens ((^?))
 import Data.Aeson as Aeson
 import Data.Aeson.Lens (key, _String)
 import Data.ByteString (hGetLine)
+import Data.List qualified as List
 import Data.Text qualified as T
-import Hydra.Cardano.Api (NetworkId (..), NetworkMagic (..), unFile)
-import Hydra.Cluster.Faucet (FaucetLog, publishHydraScriptsAs, seedFromFaucet_)
+import Hydra.Cardano.Api (NetworkId (..), NetworkMagic (..), lovelaceToValue, mkVkAddress, signTx, unFile)
+import Hydra.Cluster.Faucet (FaucetLog, publishHydraScriptsAs, seedFromFaucet, seedFromFaucet_)
 import Hydra.Cluster.Fixture (Actor (..), aliceSk, cperiod)
 import Hydra.Cluster.Util (chainConfigFor, keysFor)
+import Hydra.Ledger (txId)
+import Hydra.Ledger.Cardano (genKeyPair, mkSimpleTx)
 import Hydra.Logging (showLogsOnFailure)
 import HydraNode (HydraNodeLog, input, output, requestCommitTx, send, waitFor, waitMatch, withHydraNode)
 import System.IO.Error (isEOFError, isIllegalOperation)
 import System.Process (CreateProcess (std_out), StdStream (..), proc, withCreateProcess)
+import Test.QuickCheck (generate)
 
 spec :: Spec
 spec = do
@@ -33,16 +38,20 @@ spec = do
       showLogsOnFailure "ChainObserverSpec" $ \tracer -> do
         withTempDir "hydra-cluster" $ \tmpDir -> do
           -- Start a cardano devnet
-          withCardanoNodeDevnet (contramap FromCardanoNode tracer) tmpDir $ \cardanoNode@RunningNode{nodeSocket} -> do
+          withCardanoNodeDevnet (contramap FromCardanoNode tracer) tmpDir $ \cardanoNode@RunningNode{networkId, nodeSocket} -> do
             -- Prepare a hydra-node
             let hydraTracer = contramap FromHydraNode tracer
             hydraScriptsTxId <- publishHydraScriptsAs cardanoNode Faucet
-            (aliceCardanoVk, _aliceCardanoSk) <- keysFor Alice
+            (aliceCardanoVk, _) <- keysFor Alice
             aliceChainConfig <- chainConfigFor Alice tmpDir nodeSocket hydraScriptsTxId [] cperiod
             withHydraNode hydraTracer aliceChainConfig tmpDir 1 aliceSk [] [1] $ \hydraNode -> do
               withChainObserver cardanoNode $ \observer -> do
                 seedFromFaucet_ cardanoNode aliceCardanoVk 100_000_000 (contramap FromFaucet tracer)
 
+                (walletVk, walletSk) <- generate genKeyPair
+
+                commitUTxO <- seedFromFaucet cardanoNode walletVk 10_000_000 (contramap FromFaucet tracer)
+
                 send hydraNode $ input "Init" []
 
                 headId <- waitMatch 5 hydraNode $ \v -> do
@@ -51,13 +60,32 @@ spec = do
 
                 chainObserverSees observer "HeadInitTx" headId
 
-                requestCommitTx hydraNode mempty >>= submitTx cardanoNode
+                commitTx <- requestCommitTx hydraNode commitUTxO
+
+                submitTx cardanoNode (signTx walletSk commitTx)
+
                 waitFor hydraTracer 5 [hydraNode] $
-                  output "HeadIsOpen" ["utxo" .= object mempty, "headId" .= headId]
+                  output "HeadIsOpen" ["utxo" .= commitUTxO, "headId" .= headId]
 
                 chainObserverSees observer "HeadCommitTx" headId
                 chainObserverSees observer "HeadCollectComTx" headId
 
+                let walletAddress = mkVkAddress networkId walletVk
+
+                decommitTx <-
+                  either (failure . show) pure $
+                    mkSimpleTx
+                      (List.head $ UTxO.pairs commitUTxO)
+                      (walletAddress, lovelaceToValue 2_000_000)
+                      walletSk
+
+                send hydraNode $ input "Decommit" ["decommitTx" .= decommitTx]
+
+                chainObserverSees observer "HeadDecrementTx" headId
+
+                waitFor hydraTracer 50 [hydraNode] $
+                  output "DecommitFinalized" ["headId" .= headId, "decommitTxId" .= txId decommitTx]
+
                 send hydraNode $ input "Close" []
 
                 chainObserverSees observer "HeadCloseTx" headId
diff --git a/hydra-cluster/test/Test/DirectChainSpec.hs b/hydra-cluster/test/Test/DirectChainSpec.hs
index ed76e900913..330d9f7f954 100644
--- a/hydra-cluster/test/Test/DirectChainSpec.hs
+++ b/hydra-cluster/test/Test/DirectChainSpec.hs
@@ -54,7 +54,7 @@ import Hydra.Chain.Direct (
  )
 import Hydra.Chain.Direct.Handlers (DirectChainLog)
 import Hydra.Chain.Direct.ScriptRegistry (queryScriptRegistry)
-import Hydra.Chain.Direct.State (initialChainState)
+import Hydra.Chain.Direct.State (initialChainState, splitUTxO)
 import Hydra.Chain.Direct.Tx (verificationKeyToOnChainId)
 import Hydra.Cluster.Faucet (
   FaucetLog,
@@ -293,7 +293,7 @@ spec = around (showLogsOnFailure "DirectChainSpec") $ do
 
   it "can open, close & fanout a Head" $ \tracer -> do
     withTempDir "hydra-cluster" $ \tmp -> do
-      withCardanoNodeDevnet (contramap FromNode tracer) tmp $ \node@RunningNode{nodeSocket, networkId} -> do
+      withCardanoNodeDevnet (contramap FromNode tracer) tmp $ \node@RunningNode{nodeSocket} -> do
         hydraScriptsTxId <- publishHydraScriptsAs node Faucet
         -- Alice setup
         (aliceCardanoVk, _) <- keysFor Alice
@@ -314,20 +314,19 @@ spec = around (showLogsOnFailure "DirectChainSpec") $ do
 
             postTx $ CollectComTx someUTxO headId headParameters
             aliceChain `observesInTime` OnCollectComTx{headId}
-
+            let (inHead, toDecommit) = splitUTxO someUTxO
+            let v = 0
             let snapshot =
                   Snapshot
                     { headId
                     , number = 1
-                    , utxo = someUTxO
+                    , utxo = inHead
                     , confirmed = []
+                    , utxoToDecommit = Just toDecommit
+                    , version = v
                     }
 
-            postTx . CloseTx headId headParameters $
-              ConfirmedSnapshot
-                { snapshot
-                , signatures = aggregate [sign aliceSk snapshot]
-                }
+            postTx $ CloseTx headId headParameters v (ConfirmedSnapshot{snapshot, signatures = aggregate [sign aliceSk snapshot]})
 
             deadline <-
               waitMatch aliceChain $ \case
@@ -345,13 +344,14 @@ spec = around (showLogsOnFailure "DirectChainSpec") $ do
               _ -> Nothing
             postTx $
               FanoutTx
-                { utxo = someUTxO
+                { utxo = inHead
+                , utxoToDecommit = Just toDecommit
                 , headSeed
                 , contestationDeadline = deadline
                 }
             aliceChain `observesInTime` OnFanoutTx headId
             failAfter 5 $
-              waitForUTxO networkId nodeSocket someUTxO
+              waitForUTxO node (inHead <> toDecommit)
 
   it "can restart head to point in the past and replay on-chain events" $ \tracer -> do
     withTempDir "hydra-cluster" $ \tmp -> do
@@ -442,24 +442,32 @@ spec = around (showLogsOnFailure "DirectChainSpec") $ do
             aliceChain `observesInTime` OnCollectComTx headId
 
             -- Alice close with the initial snapshot U0
-            postTx $ CloseTx headId headParameters InitialSnapshot{headId, initialUTxO = someUTxO}
+            postTx $ CloseTx headId headParameters 0 InitialSnapshot{headId, initialUTxO = someUTxO}
             deadline <- waitMatch aliceChain $ \case
               Observation{observedTx = OnCloseTx{snapshotNumber, contestationDeadline}}
                 | snapshotNumber == 0 -> Just contestationDeadline
               _ -> Nothing
-
+            let (inHead, toDecommit) = splitUTxO someUTxO
             -- Alice contests with some snapshot U1 -> successful
             let snapshot1 =
                   Snapshot
                     { headId
                     , number = 1
-                    , utxo = someUTxO
+                    , utxo = inHead
                     , confirmed = []
+                    , utxoToDecommit = Just toDecommit
+                    , version = 0
                     }
-            postTx . ContestTx headId headParameters $
-              ConfirmedSnapshot
-                { snapshot = snapshot1
-                , signatures = aggregate [sign aliceSk snapshot1]
+            postTx $
+              ContestTx
+                { headId
+                , headParameters
+                , openVersion = 0
+                , contestingSnapshot =
+                    ConfirmedSnapshot
+                      { snapshot = snapshot1
+                      , signatures = aggregate [sign aliceSk snapshot1]
+                      }
                 }
             aliceChain `observesInTime` OnContestTx{headId, snapshotNumber = 1, contestationDeadline = deadline}
 
@@ -468,14 +476,22 @@ spec = around (showLogsOnFailure "DirectChainSpec") $ do
                   Snapshot
                     { headId
                     , number = 2
-                    , utxo = someUTxO
+                    , utxo = inHead
                     , confirmed = []
+                    , utxoToDecommit = Just toDecommit
+                    , version = 1
                     }
             let contestAgain =
-                  postTx . ContestTx headId headParameters $
-                    ConfirmedSnapshot
-                      { snapshot = snapshot2
-                      , signatures = aggregate [sign aliceSk snapshot2]
+                  postTx $
+                    ContestTx
+                      { headId
+                      , headParameters
+                      , openVersion = 1
+                      , contestingSnapshot =
+                          ConfirmedSnapshot
+                            { snapshot = snapshot2
+                            , signatures = aggregate [sign aliceSk snapshot2]
+                            }
                       }
             -- NOTE: We deliberately expect the transaction creation and
             -- submission code of the Chain.Direct module to fail here because
diff --git a/hydra-cluster/test/Test/EndToEndSpec.hs b/hydra-cluster/test/Test/EndToEndSpec.hs
index 0e72c82a289..970468905dc 100644
--- a/hydra-cluster/test/Test/EndToEndSpec.hs
+++ b/hydra-cluster/test/Test/EndToEndSpec.hs
@@ -61,6 +61,7 @@ import Hydra.Cluster.Fixture (
 import Hydra.Cluster.Scenarios (
   EndToEndLog (..),
   canCloseWithLongContestationPeriod,
+  canDecommit,
   canSubmitTransactionThroughAPI,
   headIsInitializingWith,
   initWithWrongKeys,
@@ -192,6 +193,11 @@ spec = around (showLogsOnFailure "EndToEndSpec") $ do
           withCardanoNodeDevnet (contramap FromCardanoNode tracer) tmpDir $ \node ->
             publishHydraScriptsAs node Faucet
               >>= singlePartyCommitsFromExternalTxBlueprint tracer tmpDir node
+      it "can decommit utxo" $ \tracer -> do
+        withClusterTempDir $ \tmpDir -> do
+          withCardanoNodeDevnet (contramap FromCardanoNode tracer) tmpDir $ \node ->
+            publishHydraScriptsAs node Faucet
+              >>= canDecommit tracer tmpDir node
 
     describe "three hydra nodes scenario" $ do
       it "does not error when all nodes open the head concurrently" $ \tracer ->
@@ -723,7 +729,7 @@ timedTx tmpDir tracer node@RunningNode{networkId, nodeSocket} hydraScriptsTxId =
     confirmedTransactions ^.. values `shouldBe` [toJSON $ txId tx]
 
 initAndClose :: FilePath -> Tracer IO EndToEndLog -> Int -> TxId -> RunningNode -> IO ()
-initAndClose tmpDir tracer clusterIx hydraScriptsTxId node@RunningNode{nodeSocket, networkId} = do
+initAndClose tmpDir tracer clusterIx hydraScriptsTxId node@RunningNode{nodeSocket} = do
   aliceKeys@(aliceCardanoVk, _) <- generate genKeyPair
   bobKeys@(bobCardanoVk, _) <- generate genKeyPair
   carolKeys@(carolCardanoVk, _) <- generate genKeyPair
@@ -802,20 +808,17 @@ initAndClose tmpDir tracer clusterIx hydraScriptsTxId node@RunningNode{nodeSocke
             ]
             <> fmap toJSON (Map.fromList (UTxO.pairs committedUTxOByBob))
 
-    let expectedSnapshot =
-          object
-            [ "headId" .= headId
-            , "snapshotNumber" .= int expectedSnapshotNumber
-            , "utxo" .= newUTxO
-            , "confirmedTransactions" .= [txId tx]
-            ]
-        expectedSnapshotNumber = 1
+    let expectedSnapshotNumber :: Int = 1
 
     waitMatch 10 n1 $ \v -> do
       guard $ v ^? key "tag" == Just "SnapshotConfirmed"
       guard $ v ^? key "headId" == Just (toJSON headId)
-      snapshot <- v ^? key "snapshot"
-      guard $ snapshot == expectedSnapshot
+      snapshotNumber <- v ^? key "snapshot" . key "snapshotNumber"
+      guard $ snapshotNumber == toJSON expectedSnapshotNumber
+      utxo <- v ^? key "snapshot" . key "utxo"
+      guard $ utxo == toJSON newUTxO
+      confirmedTransactions <- v ^? key "snapshot" . key "confirmedTransactions"
+      guard $ confirmedTransactions == toJSON [txId tx]
 
     (toJSON <$> getSnapshotUTxO n1) `shouldReturn` toJSON newUTxO
 
@@ -840,7 +843,7 @@ initAndClose tmpDir tracer clusterIx hydraScriptsTxId node@RunningNode{nodeSocke
       Error err ->
         failure $ "newUTxO isn't valid JSON?: " <> err
       Data.Aeson.Success u ->
-        failAfter 5 $ waitForUTxO networkId nodeSocket u
+        failAfter 5 $ waitForUTxO node u
 
 -- * Fixtures
 
diff --git a/hydra-explorer/src/Hydra/Explorer/ExplorerState.hs b/hydra-explorer/src/Hydra/Explorer/ExplorerState.hs
index 520fad59c50..edf235b1b34 100644
--- a/hydra-explorer/src/Hydra/Explorer/ExplorerState.hs
+++ b/hydra-explorer/src/Hydra/Explorer/ExplorerState.hs
@@ -225,6 +225,28 @@ aggregateCollectComObservation headId point blockNo currentHeads =
       , blockNo = blockNo
       }
 
+aggregateDecrementObservation :: HeadId -> ChainPoint -> BlockNo -> [HeadState] -> [HeadState]
+aggregateDecrementObservation headId point blockNo currentHeads =
+  case findHeadState headId currentHeads of
+    Just headState ->
+      let newHeadState = headState{status = Open}
+       in replaceHeadState newHeadState currentHeads
+    Nothing -> currentHeads <> [newUnknownHeadState]
+ where
+  newUnknownHeadState =
+    HeadState
+      { headId
+      , seedTxIn = Unknown
+      , status = Open
+      , contestationPeriod = Unknown
+      , members = Unknown
+      , contestations = Seen 0
+      , snapshotNumber = Seen 0
+      , contestationDeadline = Unknown
+      , point = point
+      , blockNo = blockNo
+      }
+
 aggregateCloseObservation :: HeadId -> ChainPoint -> BlockNo -> SnapshotNumber -> UTCTime -> [HeadState] -> [HeadState]
 aggregateCloseObservation headId point blockNo (UnsafeSnapshotNumber sn) contestationDeadline currentHeads =
   case findHeadState headId currentHeads of
@@ -341,6 +363,11 @@ aggregateHeadObservations observations explorerState =
           { heads = aggregateCollectComObservation headId point blockNo heads
           , tick = TickState point blockNo
           }
+      HeadObservation{point, blockNo, onChainTx = OnDecrementTx{headId}} ->
+        ExplorerState
+          { heads = aggregateDecrementObservation headId point blockNo heads
+          , tick = TickState point blockNo
+          }
       HeadObservation{point, blockNo, onChainTx = OnCloseTx{headId, snapshotNumber, contestationDeadline}} ->
         ExplorerState
           { heads = aggregateCloseObservation headId point blockNo snapshotNumber contestationDeadline heads
diff --git a/hydra-node/bench/tx-cost/Main.hs b/hydra-node/bench/tx-cost/Main.hs
index b19a9e2c8fb..35a6511fb32 100644
--- a/hydra-node/bench/tx-cost/Main.hs
+++ b/hydra-node/bench/tx-cost/Main.hs
@@ -30,6 +30,7 @@ import TxCost (
   computeCollectComCost,
   computeCommitCost,
   computeContestCost,
+  computeDecrementCost,
   computeFanOutCost,
   computeInitCost,
  )
@@ -76,6 +77,7 @@ writeTransactionCostMarkdown hdl = do
   initC <- costOfInit
   commitC <- costOfCommit
   collectComC <- costOfCollectCom
+  decrementC <- costOfDecrement
   closeC <- costOfClose
   contestC <- costOfContest
   abortC <- costOfAbort
@@ -90,6 +92,7 @@ writeTransactionCostMarkdown hdl = do
             [ initC
             , commitC
             , collectComC
+            , decrementC
             , closeC
             , contestC
             , abortC
@@ -228,6 +231,32 @@ costOfCollectCom = markdownCollectComCost <$> computeCollectComCost
           )
           stats
 
+costOfDecrement :: IO Text
+costOfDecrement = markdownDecrementCost <$> computeDecrementCost
+ where
+  markdownDecrementCost stats =
+    unlines $
+      [ "## Cost of Decrement Transaction"
+      , ""
+      , "| Parties | Tx size | % max Mem | % max CPU | Min fee ₳ |"
+      , "| :------ | ------: | --------: | --------: | --------: |"
+      ]
+        <> fmap
+          ( \(numParties, txSize, mem, cpu, Coin minFee) ->
+              "| "
+                <> show numParties
+                <> "| "
+                <> show txSize
+                <> " | "
+                <> show (mem `percentOf` maxMem)
+                <> " | "
+                <> show (cpu `percentOf` maxCpu)
+                <> " | "
+                <> show (realToFrac minFee / 1_000_000 :: Centi)
+                <> " |"
+          )
+          stats
+
 costOfClose :: IO Text
 costOfClose = markdownClose <$> computeCloseCost
  where
diff --git a/hydra-node/bench/tx-cost/TxCost.hs b/hydra-node/bench/tx-cost/TxCost.hs
index e3fd06758f2..9c040601959 100644
--- a/hydra-node/bench/tx-cost/TxCost.hs
+++ b/hydra-node/bench/tx-cost/TxCost.hs
@@ -29,6 +29,7 @@ import Hydra.Chain.Direct.State (
   genCloseTx,
   genCommits,
   genCommits',
+  genDecrementTx,
   genHydraContextFor,
   genInitTx,
   genStClosed,
@@ -138,6 +139,22 @@ computeCollectComCost =
     let spendableUTxO = getKnownUTxO stInitialized
     pure (fold committedUTxOs, unsafeCollect cctx headId (ctxHeadParameters ctx) utxoToCollect spendableUTxO, getKnownUTxO stInitialized <> getKnownUTxO cctx)
 
+computeDecrementCost :: IO [(NumParties, TxSize, MemUnit, CpuUnit, Coin)]
+computeDecrementCost = do
+  interesting <- catMaybes <$> mapM compute [1, 2, 3, 5, 10]
+  limit <- maybeToList . getFirst <$> foldMapM (fmap First . compute) [50, 49 .. 11]
+  pure $ interesting <> limit
+ where
+  compute numParties = do
+    -- TODO: add decrementedOutputs to the result
+    (ctx, _decrementedOutputs, st, tx) <- generate $ genDecrementTx numParties
+    let utxo = getKnownUTxO st <> getKnownUTxO ctx
+    case checkSizeAndEvaluate tx utxo of
+      Just (txSize, memUnit, cpuUnit, minFee) ->
+        pure $ Just (NumParties numParties, txSize, memUnit, cpuUnit, minFee)
+      Nothing ->
+        pure Nothing
+
 computeCloseCost :: IO [(NumParties, TxSize, MemUnit, CpuUnit, Coin)]
 computeCloseCost = do
   interesting <- catMaybes <$> mapM compute [1, 2, 3, 5, 10]
@@ -170,13 +187,13 @@ computeContestCost = do
   genContestTx numParties = do
     ctx <- genHydraContextFor numParties
     utxo <- arbitrary
-    (closedSnapshotNumber, _, stClosed@ClosedState{headId}) <- genStClosed ctx utxo
+    (closedSnapshotNumber, _, _, stClosed@ClosedState{headId}) <- genStClosed ctx utxo mempty
     cctx <- pickChainContext ctx
-    snapshot <- genConfirmedSnapshot headId (succ closedSnapshotNumber) utxo (ctxHydraSigningKeys ctx)
+    snapshot <- genConfirmedSnapshot headId 0 (succ closedSnapshotNumber) utxo mempty (ctxHydraSigningKeys ctx)
     pointInTime <- genPointInTimeBefore (getContestationDeadline stClosed)
     let cp = ctxContestationPeriod ctx
     let contestUtxo = getKnownUTxO stClosed <> getKnownUTxO cctx
-    pure (unsafeContest cctx contestUtxo headId cp snapshot pointInTime, contestUtxo)
+    pure (unsafeContest cctx contestUtxo headId cp 0 snapshot pointInTime, contestUtxo)
 
 computeAbortCost :: IO [(NumParties, TxSize, MemUnit, CpuUnit, Coin)]
 computeAbortCost =
@@ -228,15 +245,15 @@ computeFanOutCost = do
     utxo <- genUTxOAdaOnlyOfSize numOutputs
     ctx <- genHydraContextFor numParties
     (_committed, stOpen@OpenState{headId, seedTxIn}) <- genStOpen ctx
-    snapshot <- genConfirmedSnapshot headId 1 utxo [] -- We do not validate the signatures
+    snapshot <- genConfirmedSnapshot headId 0 1 utxo mempty [] -- We do not validate the signatures
     cctx <- pickChainContext ctx
     let cp = ctxContestationPeriod ctx
     (startSlot, closePoint) <- genValidityBoundsFromContestationPeriod cp
-    let closeTx = unsafeClose cctx (getKnownUTxO stOpen) headId (ctxHeadParameters ctx) snapshot startSlot closePoint
+    let closeTx = unsafeClose cctx (getKnownUTxO stOpen) headId (ctxHeadParameters ctx) 0 snapshot startSlot closePoint
         stClosed = snd . fromJust $ observeClose stOpen closeTx
         deadlineSlotNo = slotNoFromUTCTime systemStart slotLength (getContestationDeadline stClosed)
         utxoToFanout = getKnownUTxO stClosed <> getKnownUTxO cctx
-    pure (utxo, unsafeFanout cctx utxoToFanout seedTxIn utxo deadlineSlotNo, getKnownUTxO stClosed <> getKnownUTxO cctx)
+    pure (utxo, unsafeFanout cctx utxoToFanout seedTxIn utxo mempty deadlineSlotNo, getKnownUTxO stClosed <> getKnownUTxO cctx)
 
 newtype NumParties = NumParties Int
   deriving newtype (Eq, Show, Ord, Num, Real, Enum, Integral)
diff --git a/hydra-node/exe/hydra-net/Main.hs b/hydra-node/exe/hydra-net/Main.hs
index 22ff7f765cd..b88254988ca 100644
--- a/hydra-node/exe/hydra-net/Main.hs
+++ b/hydra-node/exe/hydra-net/Main.hs
@@ -224,7 +224,8 @@ injectReqSn peer snapshotNumber hydraKeyFile fakeHydraKeyFile = do
       ]
 
   client tracer sk party = Idle $ do
-    let msg = Data "2" (ReqSn @Tx snapshotNumber [])
+    let snapshotVersion = 0
+    let msg = Data "2" (ReqSn @Tx snapshotVersion snapshotNumber [] Nothing)
     let signed = Signed msg (sign sk msg) party
     traceWith tracer $ Injecting signed
     pure $ SendMsg signed (pure $ SendDone (pure ()))
diff --git a/hydra-node/golden/Message SimpleTx.json b/hydra-node/golden/Message SimpleTx.json
index 617741cdd17..945a5ca907d 100644
--- a/hydra-node/golden/Message SimpleTx.json	
+++ b/hydra-node/golden/Message SimpleTx.json	
@@ -35,24 +35,42 @@
             }
         },
         {
-            "snapshotNumber": 23,
-            "tag": "ReqSn",
-            "transactionIds": [
-                -26,
-                -3,
-                6,
-                -5,
-                3,
-                4,
-                -26,
-                2,
-                -29,
-                -28,
-                -8
-            ]
+            "tag": "ReqDec",
+            "transaction": {
+                "id": 23,
+                "inputs": [
+                    -28,
+                    -26,
+                    -23,
+                    -22,
+                    -17,
+                    -14,
+                    -13,
+                    -12,
+                    -11,
+                    -7,
+                    -6,
+                    -5,
+                    -4,
+                    -3,
+                    10,
+                    14,
+                    16,
+                    23
+                ],
+                "outputs": [
+                    -18,
+                    -17,
+                    -15,
+                    9,
+                    11,
+                    18,
+                    29
+                ]
+            }
         },
         {
-            "signed": "3e49fea1b725aad24284fe1dd2ceaa3608f8bed4cefd7df6d1cee8a50997adfbd61ce61d8cd155909d81b54923e2baa592d3054e2b475d404ea9c43a94283001",
+            "signed": "50f0905bb2ca9789c0203092c4be75c730ec34c62a22f5baba9183f74ae4564d0c0f90879b45fa6601af6a00bae8a48ce0aea0feb1bca23cd717d23c5a319405",
             "snapshotNumber": 2,
             "tag": "AckSn"
         },
@@ -92,29 +110,72 @@
             }
         },
         {
-            "snapshotNumber": 1,
+            "decommitTx": {
+                "id": 7,
+                "inputs": [
+                    -30,
+                    -27,
+                    -25,
+                    -24,
+                    -21,
+                    -20,
+                    -18,
+                    -11,
+                    -10,
+                    -4,
+                    -3,
+                    2,
+                    7,
+                    14,
+                    15,
+                    16,
+                    23,
+                    25,
+                    27
+                ],
+                "outputs": [
+                    -30,
+                    -27,
+                    -16,
+                    5,
+                    8,
+                    19,
+                    26
+                ]
+            },
+            "snapshotNumber": 22,
+            "snapshotVersion": 11,
             "tag": "ReqSn",
             "transactionIds": [
-                16,
-                -30,
+                22,
+                -29,
+                13,
+                -13,
+                28,
+                11,
                 -24,
+                -20,
                 -27,
-                26,
+                13,
+                25,
+                -11,
                 4,
-                -20,
-                11,
-                12,
-                8,
+                -19,
+                -22,
+                7,
+                28,
+                24,
                 17,
-                9,
+                -5,
+                -7,
+                18,
                 13,
-                5,
+                -27,
                 -10,
-                -19,
-                -11,
-                -12,
-                9,
-                5
+                21,
+                -18,
+                24,
+                16
             ]
         }
     ],
diff --git a/hydra-node/golden/ReasonablySized (ClientInput (Tx BabbageEra)).json b/hydra-node/golden/ReasonablySized (ClientInput (Tx BabbageEra)).json
index 6ce4dc5870b..d94d218dc53 100644
--- a/hydra-node/golden/ReasonablySized (ClientInput (Tx BabbageEra)).json	
+++ b/hydra-node/golden/ReasonablySized (ClientInput (Tx BabbageEra)).json	
@@ -1,16 +1,22 @@
 {
     "samples": [
         {
-            "tag": "NewTx",
-            "transaction": {
-                "cborHex": 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+            "tag": "Abort"
+        },
+        {
+            "tag": "Contest"
+        },
+        {
+            "decommitTx": {
+                "cborHex": 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                 "description": "",
-                "txId": "f65d58bd7db92b6a0eb9e4a8a84c9aafd77c2b576e0b25c767cf56fcb3754588",
+                "txId": "9c8a27025cc2766a52cb6f6f2d8ac7691974785c73e960913ac8ff24ccc77aee",
                 "type": "Witnessed Tx BabbageEra"
-            }
+            },
+            "tag": "Decommit"
         },
         {
-            "tag": "Abort"
+            "tag": "GetUTxO"
         },
         {
             "tag": "Abort"
@@ -19,38 +25,23 @@
             "tag": "Close"
         },
         {
-            "tag": "Init"
-        },
-        {
-            "tag": "Fanout"
+            "tag": "Close"
         },
         {
-            "tag": "Abort"
+            "tag": "Init"
         },
         {
-            "tag": "Fanout"
+            "tag": "Init"
         },
         {
             "tag": "Contest"
         },
         {
-            "tag": "NewTx",
-            "transaction": {
-                "cborHex": 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-                "description": "",
-                "txId": "e2a5d367b0b63c839a03d96d43375e23dd74cfd4956290fca7303a04a60a2501",
-                "type": "Witnessed Tx BabbageEra"
-            }
+            "tag": "Fanout"
         },
         {
             "tag": "Close"
         },
-        {
-            "tag": "Init"
-        },
-        {
-            "tag": "GetUTxO"
-        },
         {
             "tag": "Contest"
         },
@@ -58,7 +49,7 @@
             "tag": "Abort"
         },
         {
-            "tag": "Contest"
+            "tag": "Fanout"
         },
         {
             "tag": "Abort"
@@ -70,160 +61,163 @@
             "tag": "Init"
         },
         {
-            "tag": "Fanout"
+            "tag": "Init"
         },
         {
-            "tag": "Fanout"
+            "decommitTx": {
+                "cborHex": 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+                "description": "",
+                "txId": "95057859f2ffd48beb35ae6d45329e78eaee9628dfa2301a86d4efbb20403a69",
+                "type": "Witnessed Tx BabbageEra"
+            },
+            "tag": "Decommit"
         },
         {
             "tag": "GetUTxO"
         },
         {
-            "tag": "Fanout"
+            "tag": "Init"
         },
         {
-            "tag": "Close"
+            "tag": "GetUTxO"
         },
         {
-            "tag": "GetUTxO"
+            "tag": "Fanout"
         },
         {
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             "transaction": {
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                 "description": "",
-                "txId": "6b9e47874202084f6db48df51c300e67f88b0879af9dadc1e3920a9ffaa7d023",
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             }
         },
         {
-            "tag": "Init"
-        },
-        {
-            "tag": "NewTx",
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-                "type": "Witnessed Tx BabbageEra"
-            }
+            "tag": "GetUTxO"
         },
         {
-            "tag": "Init"
+            "tag": "Contest"
         },
         {
             "tag": "Fanout"
         },
         {
-            "tag": "Fanout"
+            "tag": "Abort"
         },
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                 "description": "",
-                "txId": "cf62fde4134d49cece9ef27a66d96933f09e403221cf14bfd6760379dc8ea35c",
+                "txId": "d266ee5f7c2c08a02a6958783f8e4e55d88c5ceb9a2a01b876bec21a796e0cee",
                 "type": "Witnessed Tx BabbageEra"
-            }
-        },
-        {
-            "tag": "Close"
+            },
+            "tag": "Decommit"
         },
         {
-            "tag": "Init"
-        },
-        {
-            "tag": "Abort"
+            "tag": "Fanout"
         },
         {
             "tag": "NewTx",
             "transaction": {
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                 "description": "",
-                "txId": "cc76745407103417a6a2809169ba8941b92629466ff84843c2b60cdf7b6a2db1",
+                "txId": "c463e8633a13fd94d561ab06d82ef63276afea27f73cc88c23418e20e88c95fa",
                 "type": "Witnessed Tx BabbageEra"
             }
         },
-        {
-            "tag": "Close"
-        },
-        {
-            "tag": "Init"
-        },
         {
             "tag": "NewTx",
             "transaction": {
-                "cborHex": 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                 "description": "",
-                "txId": "662998b6ec30719f16779d9b1fe0de051e43bafb6585b38f8ee20921294ea873",
+                "txId": "b5441410bb8458dd6faedf41fd10116cfc0def04854b0618187cb532b4b96567",
                 "type": "Witnessed Tx BabbageEra"
             }
         },
+        {
+            "tag": "Init"
+        },
         {
             "tag": "Close"
         },
         {
-            "tag": "GetUTxO"
+            "tag": "Contest"
         },
         {
             "tag": "NewTx",
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                 "description": "",
-                "txId": "fa1510fbacabaebead46fdb76e669c3d7618371ab71b4095c0961dd17cc55924",
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                 "type": "Witnessed Tx BabbageEra"
             }
         },
         {
-            "tag": "Init"
+            "tag": "Close"
         },
         {
-            "tag": "Abort"
+            "tag": "Fanout"
         },
         {
-            "tag": "GetUTxO"
+            "tag": "Init"
         },
         {
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-                "txId": "560207c5f094cee4d0431d5bf79f5ec467e0a6b9bab3bb25e124f169b37dba3a",
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                 "type": "Witnessed Tx BabbageEra"
-            }
+            },
+            "tag": "Decommit"
         },
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-            "tag": "Contest"
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+                "type": "Witnessed Tx BabbageEra"
+            },
+            "tag": "Decommit"
         },
         {
-            "tag": "Contest"
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-                "txId": "0865c0398c8236c1ea5eb249c17b2b43493b004307ac3564258558dff9929c22",
-                "type": "Witnessed Tx BabbageEra"
-            }
+            "tag": "Init"
         },
         {
-            "tag": "Contest"
+            "tag": "GetUTxO"
+        },
+        {
+            "tag": "Fanout"
         },
         {
             "tag": "Fanout"
@@ -235,131 +229,119 @@
             "tag": "Contest"
         },
         {
-            "tag": "Init"
+            "tag": "Contest"
         },
         {
             "tag": "Init"
         },
         {
-            "tag": "NewTx",
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-                "txId": "3a00fd092963f8b88fa07c67098b7cccc4ed0504bc22c518a9afdd510bcf7b20",
-                "type": "Witnessed Tx BabbageEra"
-            }
+            "tag": "Contest"
         },
         {
             "tag": "Init"
         },
         {
-            "tag": "Close"
+            "tag": "Fanout"
         },
         {
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             "tag": "Abort"
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-            "tag": "Close"
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-                "description": "",
-                "txId": "5cf44632d4b0f99aecdb0107ada8d783ecb2f9433d94feface11ae69944cdb8b",
-                "type": "Witnessed Tx BabbageEra"
-            }
+            "tag": "Init"
         },
         {
             "tag": "NewTx",
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                 "description": "",
-                "txId": "f506adefdb2919b85f0c0fd460dd60bf8ecd88447091ec9b64d97e0b69b39101",
+                "txId": "e0b512b2ef817114a03a8a8883fc19813d263d42e9db049d066d50bc17d457c8",
                 "type": "Witnessed Tx BabbageEra"
             }
         },
         {
-            "tag": "Fanout"
+            "tag": "Abort"
         },
         {
-            "tag": "NewTx",
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                 "description": "",
-                "txId": "e187d620fd8f0d95c30b278760450439bf2e0453bb47df2b73a54dd0e4b8b17e",
+                "txId": "2666d6970ccf9694e4470413561756f703e3dc2ed4d4d7cf83245dcef322f81b",
                 "type": "Witnessed Tx BabbageEra"
             }
         },
+        {
+            "tag": "Abort"
+        },
         {
             "tag": "NewTx",
             "transaction": {
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                 "description": "",
-                "txId": "4ac48de57bc78960b9c660fd3e0d3b709b0a9deafa5939432338a30d47985a43",
+                "txId": "4eeaaac1a5a79ec133448dde3fb4e04cff8c9b78cf70d8cec89f83bf5c163a6d",
                 "type": "Witnessed Tx BabbageEra"
             }
         },
         {
-            "tag": "Abort"
+            "tag": "Init"
         },
         {
             "tag": "NewTx",
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                 "description": "",
-                "txId": "634a8bdfdb33cd44e3ae8c092cea79f56b77d9a3e3d5bedb2559147ad28ee9b8",
+                "txId": "c9192eb4c73d627fd45b8e9db2c135f77222999ec52762c3193219148235f57c",
                 "type": "Witnessed Tx BabbageEra"
             }
         },
@@ -367,82 +349,85 @@
             "tag": "Fanout"
         },
         {
-            "tag": "Abort"
-        },
-        {
-            "tag": "Contest"
+            "tag": "Init"
         },
         {
             "tag": "Contest"
         },
         {
-            "tag": "NewTx",
-            "transaction": {
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-            "tag": "Abort"
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         {
-            "tag": "GetUTxO"
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         {
             "tag": "Abort"
         },
         {
-            "tag": "Init"
-        },
-        {
-            "tag": "Init"
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         },
         {
-            "tag": "Init"
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-        },
-        {
-            "tag": "Abort"
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                 "description": "",
-                "txId": "c596ea1bf304aba0b3f30981d9c97fd6605932b064ca97e3a99d7b3eb76cef92",
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                 "type": "Witnessed Tx BabbageEra"
-            }
+            },
+            "tag": "Decommit"
         },
         {
-            "tag": "GetUTxO"
+            "tag": "Close"
         },
         {
-            "tag": "NewTx",
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                 "description": "",
-                "txId": "70f54a5b3fc39e8c1a0b6a94b98681f944d7b891c31dc7f146fea99103c84c0f",
+                "txId": "a87916666258b56ae837998e7ebe00cc83c288dbea81637368744b1e3020deae",
                 "type": "Witnessed Tx BabbageEra"
-            }
+            },
+            "tag": "Decommit"
         },
         {
             "tag": "Contest"
@@ -454,113 +439,134 @@
             "tag": "GetUTxO"
         },
         {
-            "tag": "Init"
+            "tag": "Fanout"
         },
         {
             "tag": "NewTx",
             "transaction": {
-                "cborHex": 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                 "description": "",
-                "txId": "a9ef91689560527ad6e8c21aca3eef9384bc3b1d841e6d98119a59c8b9cf9480",
+                "txId": "f514f0e661f7f9e2a6d0db22e49d8d2fde42a02a295b478e0224232ae246c3f0",
                 "type": "Witnessed Tx BabbageEra"
             }
         },
         {
-            "tag": "GetUTxO"
-        },
-        {
-            "tag": "Fanout"
-        },
-        {
-            "tag": "Close"
-        },
-        {
-            "tag": "Close"
+            "tag": "Abort"
         },
         {
             "tag": "Init"
         },
         {
-            "tag": "Close"
+            "tag": "Fanout"
         },
         {
-            "tag": "Init"
+            "tag": "NewTx",
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         {
             "tag": "Abort"
         },
         {
-            "tag": "Fanout"
+            "tag": "Abort"
         },
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                 "description": "",
-                "txId": "49af5c7e15ca817ffd0811d1967ce47f4d0c0b2f41505d08ceef0691bfedae93",
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                 "type": "Witnessed Tx BabbageEra"
             }
         },
         {
-            "tag": "GetUTxO"
+            "tag": "NewTx",
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         },
         {
-            "tag": "GetUTxO"
+            "tag": "Abort"
+        },
+        {
+            "tag": "Abort"
         },
         {
             "tag": "Fanout"
         },
+        {
+            "tag": "GetUTxO"
+        },
         {
             "tag": "Init"
         },
@@ -568,65 +574,80 @@
             "tag": "Init"
         },
         {
-            "tag": "GetUTxO"
+            "tag": "Fanout"
         },
         {
-            "tag": "Contest"
+            "decommitTx": {
+                "cborHex": 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+                "description": "",
+                "txId": "5a0b0db65db604fbf1011270fa8139a82694dcc4047bdbd0bf387bde44e65e5c",
+                "type": "Witnessed Tx BabbageEra"
+            },
+            "tag": "Decommit"
         },
         {
             "tag": "NewTx",
             "transaction": {
-                "cborHex": 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                 "description": "",
-                "txId": "ffe070d73c2775e55e2897bfa58d91610034f0695912dde1336aa53942098c03",
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                 "type": "Witnessed Tx BabbageEra"
             }
         },
         {
             "tag": "NewTx",
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                 "description": "",
-                "txId": "7b63d41cd2c05233739e6cb29639b452c089a99e32a267f02d5aa435ef128937",
+                "txId": "5500fed61ce8bd86e144d8343025d95eede4c3175bc73a858af95cba449ec8d5",
                 "type": "Witnessed Tx BabbageEra"
             }
         },
+        {
+            "tag": "Contest"
+        },
+        {
+            "tag": "GetUTxO"
+        },
         {
             "tag": "Close"
         },
         {
-            "tag": "Init"
+            "tag": "Contest"
         },
         {
             "tag": "Contest"
         },
         {
-            "tag": "NewTx",
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-            }
+            },
+            "tag": "Decommit"
+        },
+        {
+            "tag": "Fanout"
         },
         {
             "tag": "Close"
         },
         {
-            "tag": "Fanout"
+            "tag": "Contest"
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-            "tag": "NewTx",
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-                "txId": "1218b9012212c45d249be5da801f1b767de055a8d6f65910af8ab6bc6875e0f0",
-                "type": "Witnessed Tx BabbageEra"
-            }
+            "tag": "GetUTxO"
+        },
+        {
+            "tag": "Close"
         },
         {
             "tag": "GetUTxO"
         },
+        {
+            "tag": "Abort"
+        },
         {
             "tag": "Close"
         },
@@ -637,157 +658,217 @@
             "tag": "Abort"
         },
         {
-            "tag": "Fanout"
+            "tag": "Init"
         },
         {
-            "tag": "Contest"
+            "tag": "Close"
         },
         {
-            "tag": "GetUTxO"
+            "tag": "Abort"
         },
         {
-            "tag": "Contest"
+            "tag": "Init"
         },
         {
             "tag": "NewTx",
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                 "description": "",
-                "txId": "a8f68f9298c39e169ce810a9e2bbac06ea1adc83dd143e263fc8a8a7a1b8dd12",
+                "txId": "40707c59e9f9c8f89d30d433971f4cd5a003e7d88f82c0a841eed26181e9f6b3",
                 "type": "Witnessed Tx BabbageEra"
             }
         },
         {
-            "tag": "Close"
-        },
-        {
-            "tag": "Close"
+            "tag": "GetUTxO"
         },
         {
-            "tag": "NewTx",
-            "transaction": {
-                "cborHex": 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                 "description": "",
-                "txId": "b0a040acd312391a90120e28b1011cfcdfdfea902580cde296cee7ab8cf5bd52",
+                "txId": "e9eaba307b3940c4e11c0bce57abd42009ea9c97b1ee7b0beba9c397cc1c4ea5",
                 "type": "Witnessed Tx BabbageEra"
-            }
+            },
+            "tag": "Decommit"
         },
         {
             "tag": "GetUTxO"
         },
         {
-            "tag": "Abort"
+            "tag": "Contest"
+        },
+        {
+            "tag": "GetUTxO"
         },
         {
             "tag": "Init"
         },
         {
-            "tag": "Close"
+            "tag": "GetUTxO"
         },
         {
-            "tag": "Init"
+            "tag": "NewTx",
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         {
-            "tag": "Abort"
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         },
         {
-            "tag": "GetUTxO"
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         {
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         {
-            "tag": "GetUTxO"
+            "tag": "Abort"
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-            "tag": "Contest"
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         {
-            "tag": "Abort"
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         },
         {
             "tag": "GetUTxO"
         },
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             "tag": "Abort"
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-                "txId": "a380dfb2887533cf60fc34e4524079776d03f00eb60357e27b9ef3cdd377c5ad",
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                 "type": "Witnessed Tx BabbageEra"
             }
         },
+        {
+            "tag": "Abort"
+        },
         {
             "tag": "Fanout"
         },
         {
             "tag": "GetUTxO"
         },
+        {
+            "tag": "Abort"
+        },
         {
             "tag": "Close"
         },
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-            "tag": "GetUTxO"
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+                "txId": "519e713592680eac1395da0673b91511846cfdce1dd8915e3c97a10a47e3b1da",
+                "type": "Witnessed Tx BabbageEra"
+            },
+            "tag": "Decommit"
         },
         {
-            "tag": "Contest"
+            "tag": "Fanout"
         },
         {
-            "tag": "Abort"
+            "tag": "Init"
         },
         {
-            "tag": "NewTx",
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-                "type": "Witnessed Tx BabbageEra"
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         {
             "tag": "Fanout"
         },
         {
-            "tag": "Abort"
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+        },
+        {
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                 "description": "",
-                "txId": "961e38d5d7b70b7575ba75c2f0a6442fc025a6f2279deb87df09f3da2c9cfde1",
+                "txId": "4759b32563f3ecb4d289088a3b6b5203e4a2ede50a5d01f8d2d5d2853fa862e1",
                 "type": "Witnessed Tx BabbageEra"
-            }
+            },
+            "tag": "Decommit"
         },
         {
-            "tag": "Contest"
+            "tag": "Close"
         },
         {
-            "tag": "Fanout"
+            "tag": "Contest"
         },
         {
-            "tag": "GetUTxO"
+            "tag": "Close"
         },
         {
             "tag": "GetUTxO"
@@ -796,14 +877,23 @@
             "tag": "Abort"
         },
         {
-            "tag": "Abort"
+            "decommitTx": {
+                "cborHex": 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",
+                "description": "",
+                "txId": "59056f64e27e0e9655fcc64722fa1ee7190074b010c3bf36837384bf6b2faae2",
+                "type": "Witnessed Tx BabbageEra"
+            },
+            "tag": "Decommit"
         },
         {
-            "tag": "Abort"
+            "tag": "Contest"
         },
         {
             "tag": "GetUTxO"
+        },
+        {
+            "tag": "Init"
         }
     ],
-    "seed": -1470818623
+    "seed": -169077015
 }
\ No newline at end of file
diff --git a/hydra-node/golden/ReasonablySized (ClientInput SimpleTx).json b/hydra-node/golden/ReasonablySized (ClientInput SimpleTx).json
index 08bcd7a0a68..efcf910650e 100644
--- a/hydra-node/golden/ReasonablySized (ClientInput SimpleTx).json	
+++ b/hydra-node/golden/ReasonablySized (ClientInput SimpleTx).json	
@@ -1,66 +1,75 @@
 {
     "samples": [
         {
-            "tag": "Init"
-        },
-        {
-            "tag": "Fanout"
-        },
-        {
-            "tag": "Init"
-        },
-        {
-            "tag": "Abort"
-        },
-        {
-            "tag": "Init"
+            "tag": "GetUTxO"
         },
         {
             "tag": "Fanout"
         },
         {
-            "tag": "Contest"
+            "tag": "Close"
         },
         {
-            "tag": "Contest"
+            "decommitTx": {
+                "id": 2,
+                "inputs": [
+                    -6,
+                    -1,
+                    5
+                ],
+                "outputs": [
+                    1
+                ]
+            },
+            "tag": "Decommit"
         },
         {
-            "tag": "Fanout"
+            "tag": "Abort"
         },
         {
-            "tag": "Close"
+            "tag": "Init"
         },
         {
             "tag": "NewTx",
             "transaction": {
-                "id": -4,
+                "id": -2,
                 "inputs": [
-                    -5,
+                    -6,
                     -2,
-                    4
-                ],
-                "outputs": [
-                    0,
-                    1,
+                    -1,
                     2,
                     5
+                ],
+                "outputs": [
+                    -1
                 ]
             }
         },
         {
-            "tag": "Fanout"
-        },
-        {
-            "tag": "Init"
-        },
-        {
-            "tag": "Init"
-        },
-        {
-            "tag": "Close"
+            "decommitTx": {
+                "id": 3,
+                "inputs": [
+                    -2,
+                    3
+                ],
+                "outputs": [
+                    -3,
+                    -1,
+                    6
+                ]
+            },
+            "tag": "Decommit"
         },
         {
-            "tag": "Abort"
+            "decommitTx": {
+                "id": 4,
+                "inputs": [],
+                "outputs": [
+                    -5,
+                    -2
+                ]
+            },
+            "tag": "Decommit"
         },
         {
             "tag": "Fanout"
@@ -69,19 +78,45 @@
             "tag": "Abort"
         },
         {
-            "tag": "GetUTxO"
+            "tag": "Contest"
         },
         {
-            "tag": "Fanout"
+            "tag": "Abort"
         },
         {
-            "tag": "GetUTxO"
+            "decommitTx": {
+                "id": 0,
+                "inputs": [
+                    -4,
+                    -2,
+                    1,
+                    4
+                ],
+                "outputs": [
+                    -5,
+                    -3,
+                    4,
+                    5,
+                    6
+                ]
+            },
+            "tag": "Decommit"
         },
         {
-            "tag": "Close"
+            "tag": "Contest"
         },
         {
-            "tag": "Fanout"
+            "tag": "NewTx",
+            "transaction": {
+                "id": -5,
+                "inputs": [
+                    -1,
+                    5
+                ],
+                "outputs": [
+                    6
+                ]
+            }
         },
         {
             "tag": "Contest"
@@ -90,43 +125,64 @@
             "tag": "Init"
         },
         {
-            "tag": "GetUTxO"
+            "tag": "NewTx",
+            "transaction": {
+                "id": 2,
+                "inputs": [],
+                "outputs": [
+                    -6,
+                    -4,
+                    3
+                ]
+            }
         },
         {
-            "tag": "Abort"
+            "tag": "NewTx",
+            "transaction": {
+                "id": 1,
+                "inputs": [],
+                "outputs": [
+                    -4,
+                    -3,
+                    -1,
+                    6
+                ]
+            }
         },
         {
             "tag": "NewTx",
             "transaction": {
-                "id": 0,
+                "id": -1,
                 "inputs": [
-                    -4,
-                    -2,
-                    0,
+                    -5,
+                    -1,
                     1,
-                    5
+                    6
                 ],
                 "outputs": [
-                    -6,
-                    -3,
-                    0
+                    -5,
+                    -2,
+                    4
                 ]
             }
         },
-        {
-            "tag": "Close"
-        },
         {
             "tag": "Abort"
         },
         {
-            "tag": "Contest"
-        },
-        {
-            "tag": "GetUTxO"
-        },
-        {
-            "tag": "Fanout"
+            "decommitTx": {
+                "id": 1,
+                "inputs": [
+                    -5,
+                    -4,
+                    0,
+                    2
+                ],
+                "outputs": [
+                    -4
+                ]
+            },
+            "tag": "Decommit"
         },
         {
             "tag": "Fanout"
@@ -135,63 +191,49 @@
             "tag": "Close"
         },
         {
-            "tag": "Close"
+            "tag": "Init"
         },
         {
-            "tag": "NewTx",
-            "transaction": {
-                "id": -4,
+            "decommitTx": {
+                "id": 0,
                 "inputs": [
-                    -6,
-                    -4,
-                    -2,
-                    1
+                    -2
                 ],
-                "outputs": [
-                    -4,
-                    1,
-                    3,
-                    4,
-                    6
-                ]
-            }
+                "outputs": []
+            },
+            "tag": "Decommit"
+        },
+        {
+            "tag": "Abort"
         },
         {
             "tag": "NewTx",
             "transaction": {
-                "id": -6,
+                "id": 2,
                 "inputs": [
+                    -6,
                     -3,
-                    1,
-                    2,
-                    6
+                    0,
+                    3,
+                    4
                 ],
                 "outputs": [
+                    -5,
                     -2,
                     0,
-                    2,
-                    5,
-                    6
+                    1,
+                    3
                 ]
             }
         },
         {
-            "tag": "Contest"
+            "tag": "GetUTxO"
         },
         {
-            "tag": "Init"
+            "tag": "GetUTxO"
         },
         {
-            "tag": "NewTx",
-            "transaction": {
-                "id": -1,
-                "inputs": [
-                    -4,
-                    -2,
-                    3
-                ],
-                "outputs": []
-            }
+            "tag": "Contest"
         },
         {
             "tag": "Init"
@@ -199,124 +241,139 @@
         {
             "tag": "NewTx",
             "transaction": {
-                "id": 3,
+                "id": 5,
                 "inputs": [
-                    -1,
-                    1
+                    -6,
+                    -4,
+                    2,
+                    4
                 ],
                 "outputs": [
-                    5
+                    5,
+                    6
                 ]
             }
         },
         {
-            "tag": "Close"
+            "tag": "GetUTxO"
         },
         {
-            "tag": "Contest"
+            "tag": "GetUTxO"
         },
         {
-            "tag": "Fanout"
+            "tag": "Abort"
         },
         {
-            "tag": "Contest"
+            "tag": "Init"
         },
         {
             "tag": "Fanout"
         },
         {
-            "tag": "GetUTxO"
+            "tag": "Close"
         },
         {
-            "tag": "Contest"
+            "decommitTx": {
+                "id": 0,
+                "inputs": [
+                    -6,
+                    3,
+                    4
+                ],
+                "outputs": [
+                    -1,
+                    0,
+                    2,
+                    6
+                ]
+            },
+            "tag": "Decommit"
         },
         {
-            "tag": "Init"
+            "tag": "Abort"
         },
         {
-            "tag": "Abort"
+            "tag": "Contest"
         },
         {
-            "tag": "NewTx",
-            "transaction": {
-                "id": -6,
+            "decommitTx": {
+                "id": 5,
                 "inputs": [
                     -6,
-                    -4,
-                    2
+                    0
                 ],
                 "outputs": [
-                    -6,
-                    -3
+                    4
                 ]
-            }
+            },
+            "tag": "Decommit"
         },
         {
-            "tag": "Close"
+            "decommitTx": {
+                "id": 5,
+                "inputs": [
+                    -6,
+                    1,
+                    2,
+                    3,
+                    5
+                ],
+                "outputs": [
+                    -3,
+                    -2,
+                    0
+                ]
+            },
+            "tag": "Decommit"
         },
         {
-            "tag": "Init"
+            "tag": "Fanout"
         },
         {
-            "tag": "GetUTxO"
+            "tag": "Contest"
         },
         {
             "tag": "GetUTxO"
         },
         {
-            "tag": "Abort"
+            "tag": "Contest"
         },
         {
-            "tag": "NewTx",
-            "transaction": {
-                "id": 3,
-                "inputs": [
-                    -4,
-                    -2,
-                    0,
-                    6
-                ],
-                "outputs": []
-            }
+            "tag": "Abort"
         },
         {
             "tag": "Abort"
         },
         {
-            "tag": "Close"
+            "tag": "Fanout"
         },
         {
-            "tag": "Contest"
+            "tag": "Abort"
         },
         {
             "tag": "GetUTxO"
         },
         {
-            "tag": "Fanout"
-        },
-        {
-            "tag": "Init"
+            "tag": "Close"
         },
         {
-            "tag": "NewTx",
-            "transaction": {
-                "id": 6,
+            "decommitTx": {
+                "id": 4,
                 "inputs": [
-                    -4,
-                    -1,
-                    6
+                    3
                 ],
                 "outputs": [
-                    -3
+                    -6,
+                    -4,
+                    -2,
+                    1
                 ]
-            }
+            },
+            "tag": "Decommit"
         },
         {
             "tag": "Init"
         },
-        {
-            "tag": "GetUTxO"
-        },
         {
             "tag": "Contest"
         },
@@ -324,42 +381,50 @@
             "tag": "Fanout"
         },
         {
-            "tag": "Close"
+            "tag": "GetUTxO"
         },
         {
-            "tag": "NewTx",
-            "transaction": {
-                "id": 2,
-                "inputs": [],
-                "outputs": []
-            }
+            "tag": "GetUTxO"
         },
         {
-            "tag": "Close"
+            "tag": "Init"
         },
         {
-            "tag": "Init"
+            "tag": "NewTx",
+            "transaction": {
+                "id": 6,
+                "inputs": [
+                    -6,
+                    -1,
+                    0,
+                    1,
+                    2
+                ],
+                "outputs": []
+            }
         },
         {
-            "tag": "Close"
+            "tag": "Fanout"
         },
         {
             "tag": "NewTx",
             "transaction": {
-                "id": -5,
+                "id": 3,
                 "inputs": [
-                    -6,
+                    -4,
                     -3,
-                    2
+                    0,
+                    3,
+                    4
                 ],
                 "outputs": [
-                    -3,
-                    5
+                    -6,
+                    -2
                 ]
             }
         },
         {
-            "tag": "Contest"
+            "tag": "Fanout"
         },
         {
             "tag": "Contest"
@@ -371,121 +436,208 @@
             "tag": "Abort"
         },
         {
-            "tag": "Abort"
+            "tag": "Fanout"
         },
         {
-            "tag": "Fanout"
+            "tag": "Abort"
         },
         {
-            "tag": "Close"
+            "decommitTx": {
+                "id": -4,
+                "inputs": [
+                    -3,
+                    0,
+                    3,
+                    5
+                ],
+                "outputs": [
+                    -5,
+                    0,
+                    3,
+                    4
+                ]
+            },
+            "tag": "Decommit"
         },
         {
-            "tag": "GetUTxO"
+            "tag": "Init"
         },
         {
             "tag": "Fanout"
         },
+        {
+            "tag": "GetUTxO"
+        },
         {
             "tag": "Init"
         },
+        {
+            "tag": "Fanout"
+        },
         {
             "tag": "Close"
         },
         {
-            "tag": "NewTx",
-            "transaction": {
-                "id": 5,
+            "tag": "Contest"
+        },
+        {
+            "decommitTx": {
+                "id": 4,
                 "inputs": [
-                    -4,
+                    -5,
                     -1,
-                    5
+                    1,
+                    2,
+                    4
                 ],
                 "outputs": []
-            }
-        },
-        {
-            "tag": "GetUTxO"
+            },
+            "tag": "Decommit"
         },
         {
-            "tag": "Close"
+            "decommitTx": {
+                "id": 1,
+                "inputs": [
+                    -6,
+                    -2,
+                    -1,
+                    3
+                ],
+                "outputs": [
+                    -6,
+                    -3,
+                    2,
+                    3,
+                    6
+                ]
+            },
+            "tag": "Decommit"
         },
         {
-            "tag": "Init"
+            "tag": "Abort"
         },
         {
-            "tag": "Close"
+            "tag": "Abort"
         },
         {
-            "tag": "Abort"
+            "tag": "GetUTxO"
         },
         {
-            "tag": "Close"
+            "tag": "Init"
         },
         {
-            "tag": "Contest"
+            "decommitTx": {
+                "id": -2,
+                "inputs": [
+                    -6,
+                    -3,
+                    1
+                ],
+                "outputs": [
+                    -6,
+                    -2,
+                    4,
+                    5
+                ]
+            },
+            "tag": "Decommit"
         },
         {
-            "tag": "Fanout"
+            "decommitTx": {
+                "id": 2,
+                "inputs": [
+                    3
+                ],
+                "outputs": [
+                    -6,
+                    -3,
+                    -1
+                ]
+            },
+            "tag": "Decommit"
         },
         {
             "tag": "Init"
         },
         {
-            "tag": "GetUTxO"
+            "tag": "Close"
         },
         {
-            "tag": "Init"
+            "tag": "Fanout"
         },
         {
-            "tag": "Abort"
+            "tag": "Fanout"
         },
         {
-            "tag": "Contest"
+            "tag": "Fanout"
         },
         {
-            "tag": "Init"
+            "tag": "Fanout"
         },
         {
-            "tag": "Init"
+            "tag": "Close"
         },
         {
-            "tag": "Init"
+            "tag": "GetUTxO"
         },
         {
-            "tag": "Contest"
+            "decommitTx": {
+                "id": 2,
+                "inputs": [
+                    -3,
+                    -2,
+                    4
+                ],
+                "outputs": []
+            },
+            "tag": "Decommit"
         },
         {
-            "tag": "Abort"
+            "tag": "Fanout"
         },
         {
             "tag": "Init"
         },
         {
-            "tag": "Abort"
+            "tag": "Fanout"
         },
         {
-            "tag": "Fanout"
+            "tag": "Init"
         },
         {
-            "tag": "Contest"
+            "tag": "GetUTxO"
         },
         {
-            "tag": "Abort"
+            "decommitTx": {
+                "id": -2,
+                "inputs": [],
+                "outputs": [
+                    -6,
+                    -5,
+                    0
+                ]
+            },
+            "tag": "Decommit"
         },
         {
             "tag": "NewTx",
             "transaction": {
-                "id": 1,
-                "inputs": [],
+                "id": -1,
+                "inputs": [
+                    -1,
+                    0,
+                    1,
+                    2,
+                    6
+                ],
                 "outputs": [
+                    -6,
                     -3,
-                    4
+                    -2,
+                    0
                 ]
             }
         },
-        {
-            "tag": "Close"
-        },
         {
             "tag": "GetUTxO"
         },
@@ -493,22 +645,34 @@
             "tag": "Init"
         },
         {
-            "tag": "Init"
-        },
-        {
-            "tag": "Close"
-        },
-        {
-            "tag": "Contest"
-        },
-        {
-            "tag": "Close"
-        },
-        {
-            "tag": "Contest"
+            "decommitTx": {
+                "id": 6,
+                "inputs": [
+                    -6,
+                    -1,
+                    2,
+                    6
+                ],
+                "outputs": [
+                    -2,
+                    3
+                ]
+            },
+            "tag": "Decommit"
         },
         {
-            "tag": "Init"
+            "tag": "NewTx",
+            "transaction": {
+                "id": -5,
+                "inputs": [
+                    0
+                ],
+                "outputs": [
+                    -2,
+                    2,
+                    3
+                ]
+            }
         },
         {
             "tag": "Init"
@@ -519,61 +683,77 @@
         {
             "tag": "Close"
         },
-        {
-            "tag": "GetUTxO"
-        },
-        {
-            "tag": "GetUTxO"
-        },
-        {
-            "tag": "Close"
-        },
-        {
-            "tag": "GetUTxO"
-        },
         {
             "tag": "NewTx",
             "transaction": {
-                "id": -3,
-                "inputs": [],
+                "id": -6,
+                "inputs": [
+                    -4,
+                    -1,
+                    1
+                ],
                 "outputs": [
+                    -6,
+                    -5,
                     -4,
                     -3,
-                    -1,
-                    4
+                    2
                 ]
             }
         },
         {
-            "tag": "Fanout"
+            "decommitTx": {
+                "id": -1,
+                "inputs": [
+                    -5,
+                    -3,
+                    0
+                ],
+                "outputs": [
+                    -3
+                ]
+            },
+            "tag": "Decommit"
         },
         {
-            "tag": "GetUTxO"
+            "tag": "Contest"
         },
         {
             "tag": "Abort"
         },
+        {
+            "tag": "Close"
+        },
+        {
+            "tag": "Close"
+        },
         {
             "tag": "NewTx",
             "transaction": {
-                "id": 5,
+                "id": -3,
                 "inputs": [
-                    0,
-                    4
+                    -2,
+                    2,
+                    3,
+                    4,
+                    6
                 ],
                 "outputs": [
-                    -5,
+                    -6,
                     -4,
-                    -1,
-                    2,
+                    0,
+                    1,
                     3,
-                    6
+                    5
                 ]
             }
         },
         {
             "tag": "Contest"
         },
+        {
+            "tag": "Init"
+        },
         {
             "tag": "Fanout"
         },
@@ -581,43 +761,38 @@
             "tag": "Init"
         },
         {
-            "tag": "Fanout"
+            "tag": "Contest"
         },
         {
             "tag": "Init"
         },
         {
-            "tag": "NewTx",
-            "transaction": {
-                "id": 2,
+            "decommitTx": {
+                "id": -4,
                 "inputs": [
-                    -6,
-                    -5,
-                    -2,
-                    -1,
-                    0,
-                    4
+                    -4,
+                    -3,
+                    1,
+                    2,
+                    3
                 ],
                 "outputs": [
-                    -5,
-                    -2,
-                    0,
-                    4,
-                    6
+                    -6
                 ]
-            }
+            },
+            "tag": "Decommit"
         },
         {
-            "tag": "GetUTxO"
+            "tag": "Fanout"
         },
         {
-            "tag": "Init"
+            "tag": "GetUTxO"
         },
         {
-            "tag": "Abort"
+            "tag": "Contest"
         },
         {
-            "tag": "Init"
+            "tag": "Close"
         },
         {
             "tag": "GetUTxO"
@@ -626,78 +801,64 @@
             "tag": "Abort"
         },
         {
-            "tag": "Fanout"
+            "tag": "Close"
         },
         {
-            "tag": "NewTx",
-            "transaction": {
-                "id": 6,
+            "decommitTx": {
+                "id": 2,
                 "inputs": [
-                    -3,
-                    -2,
                     -1,
-                    2
+                    4
                 ],
                 "outputs": [
-                    -6,
-                    -1,
-                    2,
-                    3
+                    -2
                 ]
-            }
-        },
-        {
-            "tag": "Close"
+            },
+            "tag": "Decommit"
         },
         {
             "tag": "NewTx",
             "transaction": {
-                "id": -2,
+                "id": -1,
                 "inputs": [
-                    -4,
                     -3,
+                    -2,
                     -1,
-                    4,
-                    6
+                    1,
+                    3
                 ],
                 "outputs": [
-                    -6,
-                    0,
-                    2,
-                    4,
-                    5,
-                    6
+                    -1
                 ]
             }
         },
         {
-            "tag": "Fanout"
-        },
-        {
-            "tag": "Abort"
+            "tag": "NewTx",
+            "transaction": {
+                "id": 2,
+                "inputs": [
+                    -3,
+                    2,
+                    3,
+                    5
+                ],
+                "outputs": []
+            }
         },
         {
-            "tag": "Close"
+            "tag": "Init"
         },
         {
             "tag": "Close"
         },
         {
-            "tag": "Init"
-        },
-        {
-            "tag": "NewTx",
-            "transaction": {
-                "id": 4,
-                "inputs": [
-                    -3,
-                    3
-                ],
-                "outputs": [
-                    -4,
-                    4
-                ]
-            }
+            "tag": "Abort"
+        },
+        {
+            "tag": "Close"
+        },
+        {
+            "tag": "GetUTxO"
         },
         {
             "tag": "Contest"
@@ -708,32 +869,28 @@
         {
             "tag": "NewTx",
             "transaction": {
-                "id": -5,
+                "id": -3,
                 "inputs": [
-                    -6,
                     -5,
+                    -3,
                     3,
-                    6
+                    4,
+                    5
                 ],
                 "outputs": [
-                    1,
-                    2,
-                    5
+                    -5,
+                    -4,
+                    0,
+                    3
                 ]
             }
         },
         {
-            "tag": "Fanout"
-        },
-        {
-            "tag": "GetUTxO"
+            "tag": "Init"
         },
         {
             "tag": "GetUTxO"
         },
-        {
-            "tag": "Fanout"
-        },
         {
             "tag": "Close"
         },
@@ -741,31 +898,30 @@
             "tag": "GetUTxO"
         },
         {
-            "tag": "Close"
+            "tag": "Abort"
         },
         {
             "tag": "NewTx",
             "transaction": {
-                "id": -6,
+                "id": 6,
                 "inputs": [
-                    -2,
-                    1,
                     2
                 ],
                 "outputs": [
-                    -5,
-                    0
+                    -6,
+                    -2,
+                    6
                 ]
             }
         },
         {
-            "tag": "Abort"
+            "tag": "Contest"
         },
         {
             "tag": "Init"
         },
         {
-            "tag": "Init"
+            "tag": "Close"
         },
         {
             "tag": "Contest"
@@ -773,183 +929,276 @@
         {
             "tag": "NewTx",
             "transaction": {
-                "id": -6,
+                "id": 2,
                 "inputs": [
                     -5,
-                    0,
+                    -2,
+                    -1
+                ],
+                "outputs": []
+            }
+        },
+        {
+            "tag": "Abort"
+        },
+        {
+            "decommitTx": {
+                "id": 2,
+                "inputs": [
+                    -1,
+                    2,
+                    4
+                ],
+                "outputs": [
+                    -6,
+                    -1,
                     1,
-                    4,
+                    2,
                     5
+                ]
+            },
+            "tag": "Decommit"
+        },
+        {
+            "tag": "Abort"
+        },
+        {
+            "decommitTx": {
+                "id": -2,
+                "inputs": [
+                    -3
                 ],
                 "outputs": [
-                    -5,
-                    0
+                    -1,
+                    3,
+                    4,
+                    5,
+                    6
                 ]
-            }
+            },
+            "tag": "Decommit"
         },
         {
-            "tag": "GetUTxO"
+            "tag": "Fanout"
         },
         {
-            "tag": "GetUTxO"
+            "tag": "Close"
         },
         {
             "tag": "Init"
         },
         {
-            "tag": "Abort"
+            "tag": "GetUTxO"
         },
         {
-            "tag": "Fanout"
+            "tag": "Contest"
         },
         {
             "tag": "Fanout"
         },
         {
-            "tag": "Close"
+            "tag": "Init"
         },
         {
-            "tag": "Contest"
+            "tag": "GetUTxO"
         },
         {
-            "tag": "Abort"
+            "tag": "Close"
         },
         {
-            "tag": "NewTx",
-            "transaction": {
-                "id": -1,
-                "inputs": [
-                    4,
-                    5,
-                    6
-                ],
-                "outputs": []
-            }
+            "tag": "Init"
         },
         {
             "tag": "Close"
         },
+        {
+            "tag": "Fanout"
+        },
+        {
+            "tag": "Fanout"
+        },
+        {
+            "tag": "Fanout"
+        },
+        {
+            "tag": "Contest"
+        },
         {
             "tag": "NewTx",
             "transaction": {
                 "id": 3,
                 "inputs": [
                     -6,
-                    0
+                    -2,
+                    2,
+                    4
                 ],
                 "outputs": [
-                    -3,
-                    -2,
-                    1
+                    -1,
+                    3,
+                    6
                 ]
             }
         },
         {
-            "tag": "Fanout"
+            "tag": "Init"
         },
         {
-            "tag": "Init"
+            "tag": "Contest"
         },
         {
-            "tag": "Close"
+            "tag": "Fanout"
         },
         {
-            "tag": "Abort"
+            "decommitTx": {
+                "id": -1,
+                "inputs": [
+                    -6,
+                    -3,
+                    -2,
+                    1
+                ],
+                "outputs": [
+                    -3,
+                    5,
+                    6
+                ]
+            },
+            "tag": "Decommit"
         },
         {
-            "tag": "Fanout"
+            "tag": "Close"
         },
         {
-            "tag": "Fanout"
+            "tag": "GetUTxO"
         },
         {
-            "tag": "Fanout"
+            "tag": "Abort"
         },
         {
-            "tag": "Contest"
+            "tag": "Fanout"
         },
         {
-            "tag": "GetUTxO"
+            "tag": "Abort"
         },
         {
-            "tag": "Init"
+            "tag": "Fanout"
         },
         {
             "tag": "NewTx",
             "transaction": {
                 "id": 5,
                 "inputs": [
-                    0,
-                    2
+                    -5,
+                    -2,
+                    3,
+                    4
                 ],
                 "outputs": [
+                    -2,
+                    1,
+                    3,
                     4
                 ]
             }
         },
         {
-            "tag": "NewTx",
-            "transaction": {
-                "id": 6,
+            "tag": "GetUTxO"
+        },
+        {
+            "decommitTx": {
+                "id": -1,
                 "inputs": [],
                 "outputs": [
-                    0
+                    -2,
+                    4
                 ]
-            }
-        },
-        {
-            "tag": "GetUTxO"
+            },
+            "tag": "Decommit"
         },
         {
-            "tag": "Close"
+            "tag": "Init"
         },
         {
-            "tag": "NewTx",
-            "transaction": {
-                "id": 2,
+            "decommitTx": {
+                "id": -4,
                 "inputs": [
-                    -4,
-                    2,
+                    3,
+                    5,
                     6
                 ],
                 "outputs": [
-                    -1,
-                    4
+                    -6,
+                    -3,
+                    -1
                 ]
-            }
+            },
+            "tag": "Decommit"
         },
         {
-            "tag": "NewTx",
-            "transaction": {
-                "id": -2,
+            "tag": "Contest"
+        },
+        {
+            "tag": "Init"
+        },
+        {
+            "tag": "Contest"
+        },
+        {
+            "tag": "Abort"
+        },
+        {
+            "tag": "Fanout"
+        },
+        {
+            "tag": "Close"
+        },
+        {
+            "tag": "Contest"
+        },
+        {
+            "decommitTx": {
+                "id": -4,
                 "inputs": [
-                    -3,
-                    -1,
-                    5
+                    -2
                 ],
                 "outputs": [
-                    -5,
-                    -4,
-                    -2,
-                    -1,
+                    0,
+                    1,
+                    2,
+                    3,
                     5
                 ]
-            }
+            },
+            "tag": "Decommit"
+        },
+        {
+            "tag": "GetUTxO"
+        },
+        {
+            "tag": "Fanout"
         },
         {
             "tag": "NewTx",
             "transaction": {
-                "id": 5,
+                "id": -5,
                 "inputs": [
-                    -1
+                    -3,
+                    5,
+                    6
                 ],
                 "outputs": [
+                    -6,
+                    -2,
                     -1,
                     1,
                     3
                 ]
             }
+        },
+        {
+            "tag": "Init"
         }
     ],
-    "seed": -833832252
+    "seed": 454374247
 }
\ No newline at end of file
diff --git a/hydra-node/golden/ReasonablySized (ServerOutput (Tx BabbageEra)).json b/hydra-node/golden/ReasonablySized (ServerOutput (Tx BabbageEra)).json
index 3f41d8a5945..6cf8273cb51 100644
--- a/hydra-node/golden/ReasonablySized (ServerOutput (Tx BabbageEra)).json	
+++ b/hydra-node/golden/ReasonablySized (ServerOutput (Tx BabbageEra)).json	
@@ -1,331 +1,292 @@
 {
     "samples": [
         {
-            "headId": "01080806010604080003080302050404",
-            "tag": "HeadIsOpen",
+            "postChainTx": {
+                "headParameters": {
+                    "contestationPeriod": 2592000,
+                    "parties": []
+                },
+                "participants": [
+                    "00010100010101050307000605060002060207000506020301060602",
+                    "03080005070406000506020201020707050308040501070301020508",
+                    "07080802080405060205060705010801080507020500050203080201",
+                    "06060106050407020608020808070605020606030207070507030508"
+                ],
+                "tag": "InitTx"
+            },
+            "postTxError": {
+                "tag": "FailedToConstructCloseTx"
+            },
+            "tag": "PostTxOnChainFailed"
+        },
+        {
+            "input": "s􀂋",
+            "reason": "",
+            "tag": "InvalidInput"
+        },
+        {
+            "peer": "hokjp",
+            "tag": "PeerConnected"
+        },
+        {
+            "headId": "05080408080404040507070005000104",
+            "tag": "GetUTxOResponse",
             "utxo": {
-                "0207060108080208000103060704050703070702060600000004040802030206#22": {
-                    "address": "addr_test1xpxtc2d4e3actpdh9ljaqlv4u5zquhj33t73f3elxw638wn376xl87328uw6px0fmpsps0y7dj5rjk44lwg28e50uexsgmjzjp",
+                "0008040402020404080505030304080204080404020803080408030603070201#45": {
+                    "address": "addr_test1zzc4w4ydwyljmyr8pl5hkfznle7nh09a2tdmuqjxxx75w9p3dh07rxr30mvevlsykj044alexct60w242q3ctzr6hwaqywapat",
                     "datum": null,
-                    "inlineDatum": {
-                        "list": [
-                            {
-                                "constructor": 2,
-                                "fields": [
-                                    {
-                                        "constructor": 5,
-                                        "fields": [
-                                            {
-                                                "int": -3
-                                            }
-                                        ]
-                                    }
-                                ]
-                            },
-                            {
-                                "constructor": 4,
-                                "fields": []
-                            },
-                            {
-                                "bytes": "73c956"
-                            },
-                            {
-                                "bytes": ""
-                            }
-                        ]
-                    },
-                    "inlineDatumhash": "d807780c3931896365e852e6437480a9ceb0273e2abe2312bc17826406ea852e",
+                    "datumhash": null,
+                    "inlineDatum": null,
                     "referenceScript": {
                         "script": {
-                            "cborHex": "82050e",
+                            "cborHex": "820501",
                             "description": "",
                             "type": "SimpleScript"
                         },
                         "scriptLanguage": "SimpleScriptLanguage"
                     },
                     "value": {
-                        "b0c53e2bf180858da4b64eb5598c5615bba7d723d2b604a83b7f9165": {
-                            "cb96d7d90bc7": 7874964038467585641
-                        }
+                        "39ece7907d44a8416124365afbdf9e77982f149c06ef1cd909621d2c": {
+                            "a91c077662f5f717ca5def0ace9455dd5e5fcfc89e9f1ed83fa554df5142f0": 2
+                        },
+                        "lovelace": 7432217680769293831
                     }
                 },
-                "0208050203040005050008040302060103070707000101030401020205020508#87": {
-                    "address": "addr1x8xr3ft0tssl2c4wka2spatfw3zd4c30uuarhw8f7vv07srfmn327dc7v93x8mt96ce2ghv50sjw5kcg4mjrdyps6w3qynatja",
+                "0207050001080803080403040200020802010004080601010701010005030103#89": {
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+            "validationError": {
+                "reason": "zyf"
+            }
+        },
+        {
+            "decommitInvalidReason": {
+                "localUTxO": {},
+                "tag": "DecommitTxInvalid",
+                "validationError": {
+                    "reason": "􋓺􌌣=v\u0011\u0012"
+                }
+            },
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+                "type": "Witnessed Tx BabbageEra"
+            },
+            "headId": "01010605060204080601060403080805",
+            "tag": "DecommitInvalid"
+        },
+        {
+            "headId": "02030108020808030307020001040600",
+            "tag": "TxValid",
+            "transaction": {
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+                "description": "",
+                "txId": "6591e3c7549951fb287059fda39960600eebe64a2a91ac03a16dda332fbb630a",
+                "type": "Witnessed Tx BabbageEra"
+            }
+        },
+        {
+            "decommitTxId": "0808000506010406020008040006000200040407000706070000030501050403",
+            "headId": "02010608080305000600030604040808",
+            "tag": "DecommitFinalized"
+        },
+        {
+            "peer": "otgv",
+            "tag": "PeerConnected"
         },
         {
             "clientInput": {
-                "tag": "Abort"
+                "tag": "Init"
             },
             "state": {
                 "contents": {
@@ -334,3535 +295,2921 @@
                             "tag": "ChainPointAtGenesis"
                         },
                         "spendableUTxO": {
-                            "0306000201080708020103070405000702020202010401070005060008020301#98": {
-                                "address": "addr1g8xln3mfudg8vfzp40wn3d4psfmtqzc40c95ws4yzhg5e7qpqcyqcx5jxt",
+                            "0403000200060106030007070302080100070100050107080003070402040407#83": {
+                                "address": "addr1zxqlr0mwpn9zjcjrwlcsfaksjzhl3adg5ge4l7mxdaer9wjqedl3d6wzjp2rt47pjtzcvztnyah5k6egj0l6dmx5ljyq4qstxy",
                                 "datum": null,
                                 "datumhash": null,
                                 "inlineDatum": null,
                                 "referenceScript": {
                                     "script": {
-                                        "cborHex": "4746010000222601",
+                                        "cborHex": "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",
                                         "description": "",
-                                        "type": "PlutusScriptV2"
+                                        "type": "SimpleScript"
                                     },
-                                    "scriptLanguage": "PlutusScriptLanguage PlutusScriptV2"
+                                    "scriptLanguage": "SimpleScriptLanguage"
                                 },
                                 "value": {
-                                    "245d5a7a06fe18358242e81281cd5ba9e6abe4efc54e7b659f25abae": {
-                                        "27f0": 203365619279056944
-                                    },
-                                    "lovelace": 611338442718008691
+                                    "8189abebdf0e2bec86b6c174181454ca5585bb04b3fa8b6bbd46c3ec": {
+                                        "33": 1
+                                    }
                                 }
-                            }
-                        }
-                    },
-                    "coordinatedHeadState": {
-                        "allTxs": {
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-                                                "cborHex": "82050b",
-                                                "description": "",
-                                                "type": "SimpleScript"
-                                            },
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-                                        },
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-                            "tag": "ConfirmedSnapshot"
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@@ -5274,32 +4692,27 @@
                                                 "constructor": 1,
                                                 "fields": [
                                                     {
-                                                        "bytes": "de267ce2"
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                                                     },
                                                     {
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+                                                        "bytes": "7c5de1"
                                                     },
                                                     {
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                                                     {
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                                                 "map": [
                                                     {
                                                         "k": {
-                                                            "bytes": ""
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                                                         },
                                                         "v": {
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@@ -5307,5981 +4720,5937 @@
                                                             "bytes": ""
                                                         },
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                         "script": {
-                            "cborHex": "484701000022200101",
+                            "cborHex": "484701000022220011",
                             "description": "",
-                            "type": "PlutusScriptV1"
+                            "type": "PlutusScriptV2"
                         },
-                        "scriptLanguage": "PlutusScriptLanguage PlutusScriptV1"
+                        "scriptLanguage": "PlutusScriptLanguage PlutusScriptV2"
                     },
                     "value": {
                         "4d50a11e297e7783383bf06dd6e4e481230323bd96cd8b8d9ee3888d": {
-                            "33": 1
+                            "35": 1
                         },
-                        "lovelace": 875831248296523235
+                        "lovelace": 6315842930768219287
                     }
                 }
-            },
-            "validationError": {
-                "reason": "\u000fr𣬇"
             }
         },
         {
-            "headId": "08010808050606000102070504040503",
+            "headId": "06040406080502080602080401030601",
             "tag": "TxInvalid",
             "transaction": {
-                "cborHex": 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                 "description": "",
-                "txId": "126dcc19889fba87fe3e9dff097e930aa07cc5e9beddc62be9eea6a3da8f8205",
+                "txId": "9e630b9809bfc26aa2e2f298fcbc910ce2092eb6eee9a5f750266ad252a326f1",
                 "type": "Witnessed Tx BabbageEra"
             },
-            "utxo": {
-                "0008010702010104070007060802050004070803000307050202080607070105#95": {
-                    "address": "addr_test1qqr33u9mlpldla68dqm53mpkqxwxup5nmewz3h4g8pn7ru2yl9zg5s89ahdtxc97uyfnap58ap545hdppaxzlhy9nupqkqxha8",
-                    "datum": null,
-                    "inlineDatum": {
-                        "int": -3
-                    },
-                    "inlineDatumhash": "95c3003a78585e0db8c9496f6deef4de0ff000994b8534cd66d4fe96bb21ddd3",
-                    "referenceScript": {
-                        "script": {
-                            "cborHex": "830302828204098201858204088202828200581c58e1b65718531b42494610c506cef10ff031fa817a8ff75c0ab180e78200581c4acf2773917c7b547c576a7ff110d2ba5733c1f1ca9cdc659aea3a5682040a820402830303848200581c4acf2773917c7b547c576a7ff110d2ba5733c1f1ca9cdc659aea3a568200581c58e1b65718531b42494610c506cef10ff031fa817a8ff75c0ab180e78200581cb5ae663aaea8e500157bdf4baafd6f5ba0ce5759f7cd4101fc132f548200581cb5ae663aaea8e500157bdf4baafd6f5ba0ce5759f7cd4101fc132f54",
-                            "description": "",
-                            "type": "SimpleScript"
-                        },
-                        "scriptLanguage": "SimpleScriptLanguage"
-                    },
-                    "value": {
-                        "2db8410d969b6ad6b6969703c77ebf6c44061aa51c5d6ceba46557e2": {
-                            "91a1c2d90cfb69b3d9c348e9": 8093323025815189525
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                 "description": "",
-                "txId": "54710dff37a3657876619623d965fa1d93cbe4164e392ab21115263ab4ce43f6",
+                "txId": "0aa59c0b5a005a7efb2bd4fc90e0739205e9a82578812deaf05f069abd44b1d6",
                 "type": "Witnessed Tx BabbageEra"
-            },
+            }
+        },
+        {
+            "peer": "rew",
+            "tag": "PeerConnected"
+        },
+        {
+            "headId": "00010705070703030407070605080801",
+            "tag": "HeadIsAborted",
             "utxo": {
-                "0205000102040500040403050802070804040308010403000305000008030602#5": {
-                    "address": "addr_test1xqve6e9h6ad67l7q0x9xt2ndj3jnjnc0rdkkdsyvfu4we8ndlnx8ucmcunzn2jy63j56h47f7fkawg3uy7yxdk39kcdqgqc8lw",
+                "0202060206010808020001030006020106070006030105050407000501070803#48": {
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                     "datum": null,
-                    "datumhash": "829446bdd58fdacd46963a193bd7935bd25658d21f21bfb988c349f87150f8d3",
+                    "datumhash": null,
                     "inlineDatum": null,
+                    "referenceScript": null,
+                    "value": {
+                        "49747d4fb16b2645152e4f522ce834a094b2d421a55bc97c34bc255d": {
+                            "32": 1178888725732527182
+                        }
+                    }
+                },
+                "0401040200080503040806020800060100010701060801070400020605030508#17": {
+                    "address": "addr_test1gpltkdzq97y863yxnq6cswla2kc40nkhcqym277c8d8f9pq9pqqs4vwl7x",
+                    "datum": null,
+                    "inlineDatum": {
+                        "bytes": "4b3dcec2"
+                    },
+                    "inlineDatumhash": "79fe4e3fa2611451a86ddd225e8bd5f6da051da52378c012368c57aff59b452d",
                     "referenceScript": {
                         "script": {
-                            "cborHex": "820181820509",
+                            "cborHex": "46450100002601",
                             "description": "",
-                            "type": "SimpleScript"
+                            "type": "PlutusScriptV2"
                         },
-                        "scriptLanguage": "SimpleScriptLanguage"
+                        "scriptLanguage": "PlutusScriptLanguage PlutusScriptV2"
                     },
                     "value": {
-                        "105a8f1bb56444cacc86378c95421aceeb326b0fb7743e493eb82fd5": {
-                            "46cb739a9e03bcf8aa9113d09c331e95e4695d039e": 6691756907503587540
-                        }
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+                        },
+                        "lovelace": 1129761301283922678
                     }
                 }
+            }
+        },
+        {
+            "contestationPeriod": 2592000,
+            "headId": "06010108040203060707080104020301",
+            "participants": [
+                "04040803060804020700010307030500000201050304050104080602",
+                "05060706030503060307000106040701070800050406080306020000"
+            ],
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+                {
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+                },
+                {
+                    "vkey": "cd454eb9ba1bd5a5fe035a74e4e7c9d59efdfdddeb29d23ab58d930bb907f0a1"
+                },
+                {
+                    "vkey": "e3f5018319c40b22a83d35a736f3671bfb7bb51636e45e237d1abb9fbe571782"
+                },
+                {
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+                },
+                {
+                    "vkey": "c9f9c5f755fe4578e4ce705829a45cfe8aece85731926ea3d7f1d896ca4204b2"
+                }
+            ],
+            "tag": "IgnoredHeadInitializing"
+        },
+        {
+            "peer": "tligue",
+            "tag": "PeerDisconnected"
+        },
+        {
+            "input": "敠",
+            "reason": "`@\u001dn􆄠",
+            "tag": "InvalidInput"
+        },
+        {
+            "headId": "07070701020703010606020000020200",
+            "tag": "TxInvalid",
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+                "description": "",
+                "txId": "b1cbcf7db3a0b1f805ac92049126dcb3a0e8e292d11d3ccd94e0135975f76522",
+                "type": "Witnessed Tx BabbageEra"
             },
+            "utxo": {},
             "validationError": {
-                "reason": "􌛸\u0005z7$"
+                "reason": "􋤥R>"
             }
         },
         {
-            "headId": "07010504080707060100010400040407",
+            "headId": "07060408020000020806010200020703",
+            "party": {
+                "vkey": "d708bb815e85a87604ae7f8011e39be889eb0a913b0d547320e8f5108fa1e9c4"
+            },
+            "tag": "Committed",
+            "utxo": {}
+        },
+        {
+            "clientInput": {
+                "tag": "Fanout"
+            },
+            "state": {
+                "contents": {
+                    "chainState": {
+                        "recordedAt": {
+                            "tag": "ChainPointAtGenesis"
+                        },
+                        "spendableUTxO": {
+                            "0304060407080606050103010505080408020006030401010303010402010400#37": {
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+                                "datum": null,
+                                "inlineDatum": {
+                                    "constructor": 0,
+                                    "fields": []
+                                },
+                                "inlineDatumhash": "923918e403bf43c34b4ef6b48eb2ee04babed17320d8d1b9ff9ad086e86f44ec",
+                                "referenceScript": null,
+                                "value": {
+                                    "2db8410d969b6ad6b6969703c77ebf6c44061aa51c5d6ceba46557e2": {
+                                        "31": 3796079968294165317
+                                    },
+                                    "lovelace": 817376107593451565
+                                }
+                            }
+                        }
+                    }
+                },
+                "tag": "Idle"
+            },
+            "tag": "CommandFailed"
+        },
+        {
+            "decommitInvalidReason": {
+                "otherDecommitTxId": "0507050204020300060501020603070802070701000403000605060607050508",
+                "tag": "DecommitAlreadyInFlight"
+            },
+            "decommitTx": {
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+                            "description": "",
+                            "type": "SimpleScript"
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-                "tag": "ScriptFailedInWallet"
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                 "description": "",
-                "txId": "b5d855fe489264edfc33b1b1b6b3a832655ed9684770b21bace6ddb44bda9f1c",
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                 "type": "Witnessed Tx BabbageEra"
-            }
+            },
+            "headId": "08060808080307040806050707040805",
+            "tag": "DecommitInvalid"
         },
         {
-            "peer": "hvhh",
-            "tag": "PeerConnected"
+            "input": "c9",
+            "reason": "zF/1",
+            "tag": "InvalidInput"
         },
         {
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-            "hydraNodeVersion": "#&\u001f",
-            "me": {
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+            "tag": "TxInvalid",
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-                                                        "bytes": "5e"
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-                                    "bytes": "5852"
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                                 },
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-                                                {
-                                                    "bytes": "ff101e"
-                                                },
-                                                {
-                                                    "bytes": "49a5ab"
-                                                },
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-                                                    "int": 5
-                                                },
-                                                {
-                                                    "bytes": ""
-                                                }
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+                "tag": "CloseTx"
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+                "tag": "InvalidHeadId"
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+            "tag": "PostTxOnChainFailed"
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+        },
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+                                                {
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-                                "description": "",
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-                                "type": "Witnessed Tx BabbageEra"
-                            },
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-                                "description": "",
-                                "txId": "c46238f0fb385ceef92227950c85959cb47271d90c7b18a8ed933dd6439dac73",
-                                "type": "Witnessed Tx BabbageEra"
-                            },
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+                            }
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+                                "description": "",
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-                    "value": {
-                        "d36ef28cb298122e1c25c77d1a81dc09231e1ec1cdbd2c719c9b898b": {
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+                        "inlineDatumhash": "2696ea3b8006cdd2fe15957923c05409649581196b6a7c1011ae4c97ba60da3f",
+                        "referenceScript": {
+                            "script": {
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+                                "description": "",
+                                "type": "PlutusScriptV1"
+                            },
+                            "scriptLanguage": "PlutusScriptLanguage PlutusScriptV1"
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+                        "value": {
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                     }
                 }
-            }
-        },
-        {
-            "input": "􉬑𝄣",
-            "reason": "",
-            "tag": "InvalidInput"
-        },
-        {
-            "contestationPeriod": 28909,
-            "headId": "03040806080803040405050406080501",
-            "participants": [],
-            "parties": [],
-            "tag": "IgnoredHeadInitializing"
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-            "tag": "PeerDisconnected"
-        },
-        {
-            "contestationDeadline": "1864-05-10T19:29:48.722520709125Z",
-            "headId": "08030002070004010105050803000808",
-            "snapshotNumber": 6,
-            "tag": "HeadIsContested"
+            },
+            "postTxError": {
+                "headSeed": "07000507010101060005070304050003",
+                "tag": "InvalidSeed"
+            },
+            "tag": "PostTxOnChainFailed"
         },
         {
-            "headId": "02000606080000060002050600020108",
-            "parties": [
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-                },
-                {
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+            "decommitTxId": "0101010700080301030504040201060100070000030005030205020603000303",
+            "headId": "05070401030307000601060607020105",
+            "tag": "DecommitApproved",
+            "utxoToDecommit": {
+                "0204030404050700050606070004080203010104030500020306000704050705#55": {
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+                    "inlineDatum": {
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+                    },
+                    "inlineDatumhash": "4d06ee4a081c811e9ca18ceb5af6508dd11fcad57e803fc6e3aa2406de6f2e81",
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+                    "value": {
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+                        }
+                    }
                 },
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+                    "referenceScript": null,
+                    "value": {
+                        "2d725128406dc832eb74c4709aca0512499b3c7b17e00d7cb2e6d1b1": {
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+                    }
                 },
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-            ],
-            "tag": "HeadIsInitializing"
-        },
-        {
-            "peer": "lr",
-            "tag": "PeerConnected"
-        },
-        {
-            "headId": "00070602060500020204060407070601",
-            "tag": "GetUTxOResponse",
-            "utxo": {}
-        },
-        {
-            "headId": "01030101040501000001030308020303",
-            "tag": "ReadyToFanout"
-        },
-        {
-            "peer": "hl",
-            "tag": "PeerDisconnected"
-        },
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-            "tag": "Committed",
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                     "datum": null,
                     "datumhash": null,
                     "inlineDatum": null,
                     "referenceScript": null,
                     "value": {
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-                            "31": 1150868292641528260
-                        },
-                        "lovelace": 2959161248932946633
+                        "2e12c5e499e0521b13837391beed1248a2e36117370662ee75918b56": {
+                            "30": 7332587012481573355
+                        }
                     }
                 }
             }
-        },
-        {
-            "headId": "05010803000703010402010300040102",
-            "tag": "ReadyToFanout"
         }
     ],
-    "seed": 777849643
+    "seed": 595819754
 }
\ No newline at end of file
diff --git a/hydra-node/golden/ReasonablySized (ServerOutput SimpleTx).json b/hydra-node/golden/ReasonablySized (ServerOutput SimpleTx).json
index e89ddf32be9..2d9d2afd8e9 100644
--- a/hydra-node/golden/ReasonablySized (ServerOutput SimpleTx).json	
+++ b/hydra-node/golden/ReasonablySized (ServerOutput SimpleTx).json	
@@ -1,213 +1,278 @@
 {
     "samples": [
         {
-            "headId": "04060003080501020502000205040007",
-            "tag": "HeadIsOpen",
+            "headId": "06040004060200060601070106010605",
+            "tag": "GetUTxOResponse",
             "utxo": [
-                -2,
                 3,
-                4
+                6
             ]
         },
         {
-            "headId": "06000407030704020202070805010303",
-            "tag": "HeadIsOpen",
-            "utxo": [
-                -5
-            ]
+            "headId": "04010400080604020304010508000701",
+            "tag": "TxValid",
+            "transaction": {
+                "id": 3,
+                "inputs": [
+                    -5,
+                    0,
+                    1,
+                    3
+                ],
+                "outputs": [
+                    5
+                ]
+            }
         },
         {
-            "headId": "08040306010507070301080102010703",
-            "party": {
-                "vkey": "bca4263d2f4db66396d228856c1311ecacff49d4aad27c3b8410bfc17fb53707"
+            "headId": "00080807060006050208040205040406",
+            "signatures": {
+                "multiSignature": [
+                    "713cffb5729a4b3e6017aa9949492c7f12d69029a9bd4e6abe0606abae7548d128006648c3269d4b75f7a0ae4a9f82f52b56fb0694277ac0d3e1f14b29fd9d00",
+                    "e805dd83cb161c6f13af414ec18dd80eb8dbd19cdb53804dc4f291b5c587647d0f294e76b277abf32c9a3025b6881c57b8077cff9d4089d4a9654f014fe41601",
+                    "31648f68017a5d516bb8d9543090b2eeba9d3c24ce4221fcd985e36574129d4eb7d2c34c075bbcf9b7ca9cdc21c30e1089693b46a7f414cfedf2583f6478ac01"
+                ]
             },
-            "tag": "Committed",
-            "utxo": [
-                -1,
-                2,
-                5,
+            "snapshot": {
+                "confirmedTransactions": [],
+                "headId": "00070505050401000300020202030405",
+                "snapshotNumber": 5,
+                "utxo": [
+                    -6,
+                    -4,
+                    1,
+                    2,
+                    6
+                ],
+                "utxoToDecommit": [
+                    -1,
+                    0,
+                    3,
+                    6
+                ],
+                "version": 5
+            },
+            "tag": "SnapshotConfirmed"
+        },
+        {
+            "decommitTxId": -5,
+            "headId": "07020400030402050800060102020208",
+            "tag": "DecommitApproved",
+            "utxoToDecommit": [
                 6
             ]
         },
         {
-            "headId": "05010707040401040604040003040800",
-            "tag": "TxInvalid",
-            "transaction": {
-                "id": -1,
-                "inputs": [
+            "decommitTxId": 0,
+            "headId": "04020706060203080106050005000007",
+            "tag": "DecommitApproved",
+            "utxoToDecommit": [
+                -6,
+                -4,
+                -2,
+                0
+            ]
+        },
+        {
+            "decommitInvalidReason": {
+                "localUTxO": [
+                    -1,
+                    2,
+                    3,
                     6
                 ],
+                "tag": "DecommitTxInvalid",
+                "validationError": {
+                    "reason": ""
+                }
+            },
+            "decommitTx": {
+                "id": -3,
+                "inputs": [
+                    2,
+                    3
+                ],
                 "outputs": [
+                    -5,
+                    -2,
                     -1,
-                    3
+                    0
                 ]
             },
+            "headId": "01050706080004010504000704010101",
+            "tag": "DecommitInvalid"
+        },
+        {
+            "headId": "06070102020404050006050201020607",
+            "tag": "HeadIsFinalized",
+            "utxo": []
+        },
+        {
+            "headId": "00010406050008050703040407010701",
+            "tag": "HeadIsFinalized",
+            "utxo": []
+        },
+        {
+            "headId": "02080305070400040006020007080802",
+            "tag": "HeadIsOpen",
             "utxo": [
-                -4,
+                -3,
                 1,
-                6
-            ],
-            "validationError": {
-                "reason": "\u0008\u0002_G"
-            }
+                5
+            ]
         },
         {
-            "input": "d",
-            "reason": "􋫇􆃗9𦸠",
-            "tag": "InvalidInput"
+            "headId": "05040000070607000307070605070401",
+            "tag": "HeadIsOpen",
+            "utxo": []
+        },
+        {
+            "decommitTx": {
+                "id": -2,
+                "inputs": [
+                    -2,
+                    -1,
+                    3
+                ],
+                "outputs": [
+                    -5,
+                    -1,
+                    1,
+                    6
+                ]
+            },
+            "headId": "00060702050707010701070000050704",
+            "tag": "DecommitRequested",
+            "utxoToDecommit": [
+                -5,
+                -4
+            ]
+        },
+        {
+            "contestationDeadline": "1864-05-05T14:18:25.047033866299Z",
+            "headId": "08030104000405000505040802050505",
+            "snapshotNumber": 2,
+            "tag": "HeadIsClosed"
+        },
+        {
+            "decommitTxId": -3,
+            "headId": "06010603080202020004020501040203",
+            "tag": "DecommitFinalized"
         },
         {
             "clientInput": {
-                "tag": "Close"
+                "tag": "Init"
             },
             "state": {
                 "contents": {
                     "chainState": {
-                        "slot": 3
+                        "slot": 5
                     },
                     "coordinatedHeadState": {
                         "allTxs": {
-                            "-6": {
-                                "id": -4,
+                            "-2": {
+                                "id": -6,
                                 "inputs": [
-                                    -5,
-                                    -3,
-                                    -1,
-                                    4
+                                    0,
+                                    2,
+                                    5
                                 ],
-                                "outputs": [
-                                    -4,
-                                    -1,
-                                    3,
-                                    6
-                                ]
+                                "outputs": []
                             },
-                            "3": {
+                            "-3": {
                                 "id": -4,
                                 "inputs": [
-                                    -4,
-                                    1,
-                                    3,
-                                    4
+                                    -5,
+                                    -2
                                 ],
                                 "outputs": [
-                                    3
+                                    -6,
+                                    -2,
+                                    0,
+                                    1,
+                                    2,
+                                    6
                                 ]
                             }
                         },
                         "confirmedSnapshot": {
                             "signatures": {
                                 "multiSignature": [
-                                    "f5be08c8a2f8d9dab439d69a98583b1f51d1ca61d1ce285a0dc129551f06fe2cc284b2879c7e89551f469aada74028b53961c3d54ad7b63451d52d6794aade0f",
-                                    "e68df550d648b69716d34e964f908f5e2772711b272eee36b7437d045482fde696917ab2d26875b7df6c32a7fc60e144c125a72475a1760ace49aa9b5e22de0f",
-                                    "68699c1e9289caa637e8c4b21118410dd01da4d886a1894752ec13a81e4bd76c71366cf155b7fdd6a7c9aac2f05732ae60e5d15983e7f87c983e98f1f37ba00a"
+                                    "8a7c34eeb0ca6e3956bf4095c29cf90eef12bb8d339a0501fdfa15b54cc31fe0e00b8c4fd3e7bf7841b31adeea0da5f3648f7cd80b88daed1fe5cb6b1b1a8209",
+                                    "b0494e8842f7f8b100bedfe83bf2c79338211a50b482d35524e099fda166e1dfead4ff74a4a5210dd090cd86ab6ba843eeca3b62f8a023bd90994c20b32d650d",
+                                    "726d7ab3cabc6925baea0729a9186a35ca27b0990ded2e61de52cde7cf6655071ad5bb4d51778e69e3c6d1f3e6c2ea0fff7c7479ded2c290fba1a342e7f78a03"
                                 ]
                             },
                             "snapshot": {
                                 "confirmedTransactions": [],
-                                "headId": "01010701040803070503050208060604",
-                                "snapshotNumber": 4,
-                                "utxo": []
+                                "headId": "05020702080505000705050304000802",
+                                "snapshotNumber": 1,
+                                "utxo": [
+                                    2
+                                ],
+                                "utxoToDecommit": [],
+                                "version": 0
                             },
                             "tag": "ConfirmedSnapshot"
                         },
+                        "decommitTx": {
+                            "id": 6,
+                            "inputs": [
+                                -2,
+                                4
+                            ],
+                            "outputs": [
+                                -4,
+                                -1,
+                                0,
+                                1,
+                                5,
+                                6
+                            ]
+                        },
                         "localTxs": [
                             {
                                 "id": 0,
                                 "inputs": [
-                                    -5,
-                                    -4,
-                                    2,
-                                    3,
-                                    5
-                                ],
-                                "outputs": [
-                                    -6,
-                                    -4,
-                                    3,
-                                    5
-                                ]
-                            },
-                            {
-                                "id": 5,
-                                "inputs": [
-                                    -3,
-                                    1,
-                                    3,
-                                    6
-                                ],
-                                "outputs": [
-                                    -6,
-                                    2,
-                                    5,
-                                    6
-                                ]
-                            },
-                            {
-                                "id": -2,
-                                "inputs": [
-                                    -6,
-                                    1,
-                                    2,
-                                    3,
-                                    5
-                                ],
-                                "outputs": [
                                     -4,
-                                    -1
-                                ]
-                            },
-                            {
-                                "id": 3,
-                                "inputs": [
-                                    -5,
-                                    -3,
                                     -1,
-                                    1
+                                    2
                                 ],
                                 "outputs": [
                                     -6,
-                                    -4,
-                                    -3,
-                                    5,
-                                    6
+                                    -2,
+                                    -1,
+                                    1,
+                                    2
                                 ]
-                            },
-                            {
-                                "id": -2,
-                                "inputs": [
-                                    -1
-                                ],
-                                "outputs": []
                             }
                         ],
                         "localUTxO": [
-                            -2,
-                            2
+                            -5,
+                            -1,
+                            5
                         ],
                         "seenSnapshot": {
-                            "signatories": {
-                                "9f500cf0b08e8c6c4287fafd200fd99696263070d64c158161758b5b5b0eed69": "e1fadddac1cbe457e90aa7b49be33b6a076a9ba4a3f26a4176e01cec4947b3178809e32c0fd1287150b3d428c5d90f3e568c81f597f53d1c54468a99b342930a"
-                            },
-                            "snapshot": {
-                                "confirmedTransactions": [
-                                    -5
-                                ],
-                                "headId": "07080203040303070107040606010605",
-                                "snapshotNumber": 2,
-                                "utxo": [
-                                    3
-                                ]
-                            },
-                            "tag": "SeenSnapshot"
-                        }
+                            "tag": "NoSeenSnapshot"
+                        },
+                        "version": 3
                     },
-                    "currentSlot": 3,
-                    "headId": "00040301050605020306060200010206",
-                    "headSeed": "04040603030300030400020603050808",
+                    "currentSlot": 0,
+                    "headId": "04000106010103020701030800070704",
+                    "headSeed": "02010202020006060202080103010201",
                     "parameters": {
-                        "contestationPeriod": 43200,
-                        "parties": []
+                        "contestationPeriod": 30076,
+                        "parties": [
+                            {
+                                "vkey": "4afd1340b744fa32f058c5611bfc301aec3f9e466a43454ba23cbfd43f6ff83e"
+                            },
+                            {
+                                "vkey": "196244ea972e493293fcdce482c9b5eb0a72346f78b7c8782f4f469a58ca79db"
+                            },
+                            {
+                                "vkey": "c54f2feceeed382d3e00137f5f3770f563ffefcb908f6050ecd6405366e1daa3"
+                            }
+                        ]
                     }
                 },
                 "tag": "Open"
@@ -215,679 +280,525 @@
             "tag": "CommandFailed"
         },
         {
-            "headId": "04030808060005070001000301020508",
-            "parties": [],
-            "tag": "HeadIsInitializing"
+            "decommitTxId": -6,
+            "headId": "02050108060308040303060101040806",
+            "tag": "DecommitFinalized"
         },
         {
-            "contestationPeriod": 31536000,
-            "headId": "03050300040507060704040804070506",
-            "participants": [
-                "04030602070307050604050408040203010203020103040608010600",
-                "03080106040303050100010707020403060602030700050008020602",
-                "05000104030700050406010807060002060701000402050208060501"
-            ],
-            "parties": [
-                {
-                    "vkey": "c88f94e6b03bbb6c8dcbcb70dbda670728c270c4420e3c6f8e30a15f4299ac65"
+            "clientInput": {
+                "tag": "Init"
+            },
+            "state": {
+                "contents": {
+                    "chainState": {
+                        "slot": 0
+                    },
+                    "committed": {
+                        "575b73bbe7c6f5ad5a3d7d5b7d52802ba8fa1b66fd74c12afce116ba8c48369e": [],
+                        "703fe9f8e1517f0a6d9955ea04ac3910f5e75d14a336114e9134b630a939bf67": [
+                            -3,
+                            -2,
+                            5,
+                            6
+                        ]
+                    },
+                    "headId": "03040000040208070103010101000306",
+                    "headSeed": "04010700050103030603060307070505",
+                    "parameters": {
+                        "contestationPeriod": 86400,
+                        "parties": []
+                    },
+                    "pendingCommits": []
+                },
+                "tag": "Initial"
+            },
+            "tag": "CommandFailed"
+        },
+        {
+            "headStatus": "Closed",
+            "hydraNodeVersion": "X\u0018뼲]",
+            "me": {
+                "vkey": "2686f19da51fc796a2363adb3dc5cd5b52ac0b1e2c6e0bf4ad53c4087914d627"
+            },
+            "snapshotUtxo": [
+                -4
+            ],
+            "tag": "Greetings"
+        },
+        {
+            "peer": "ju",
+            "tag": "PeerConnected"
+        },
+        {
+            "decommitTxId": 4,
+            "headId": "00020801040201010705020605020803",
+            "tag": "DecommitApproved",
+            "utxoToDecommit": [
+                -4
+            ]
+        },
+        {
+            "headId": "00030505030505050805050700040808",
+            "parties": [
+                {
+                    "vkey": "77e1ad76c4285a1754cd35f667288a71dbb654041c761146614372857c8d04ba"
+                },
+                {
+                    "vkey": "9e5ced09fc3f9da745b7a0d09f7c27ceeb31ce21b4e5a93964dcbeadaf677548"
+                },
+                {
+                    "vkey": "e16d69b3a00ab72f22709eb3dc4831d928e4e60d643f1f9e558414565116486c"
                 },
                 {
-                    "vkey": "1778c352d14e73d6a6db6a371624e4af22be1551f14778ce00f671eb3e654084"
+                    "vkey": "fca1074b6160afb18ee2c405dfbfd6ad501b9997afa767ef7c2a46ddceeaa2b5"
                 },
                 {
-                    "vkey": "084ac9683e55587385a221146d8637032b4bc642c91c4308c88b93c7bea39a55"
+                    "vkey": "8856ed743b6e41781643df9859aa089fa3a064ecd54c06b5837f7f164e4917f5"
                 },
                 {
-                    "vkey": "e7cea663a062c00f5dd525fe6cb446bd557e7cf877dae81671430aa8f07731af"
+                    "vkey": "129caadfab11c959caf34e5de24919d62fedde38cd5341571b0465d2b8f96e13"
                 }
             ],
-            "tag": "IgnoredHeadInitializing"
+            "tag": "HeadIsInitializing"
         },
         {
-            "peer": "f",
-            "tag": "PeerConnected"
+            "headId": "07050105040201040405030106000201",
+            "tag": "HeadIsOpen",
+            "utxo": [
+                -5,
+                -1,
+                4
+            ]
         },
         {
-            "postChainTx": {
-                "contestationDeadline": "1864-05-08T15:06:55.945380561162Z",
-                "headSeed": "00010404040201010000080508010303",
-                "tag": "FanoutTx",
-                "utxo": [
-                    -5,
-                    4
+            "headId": "00000404080805000206040505070301",
+            "signatures": {
+                "multiSignature": [
+                    "a7e0ff85f3641e2a532f35888b278bd6d50e80048443daf6e7fdad5b99ac17b8f1e8bd91db1c524c3e7ec88e2215a75e2d92bf6036cbc841d369a6479ab97707",
+                    "60c24880225d4810c3bb1b12da5a52f0ab08420c56c37c999b7adcf09c3ce38f076ac88f9d81ff98f59f6acfa9651bd59ec192a27430bcc1fc69664491e20d07",
+                    "c7595d39a393d39bf55b6cd307bd90da3ad91fd2be46593eab34d5204d5ccccfb894ead5a3f17b63ee5e6e376e6d25335a655364b6a073aab35b36df1d1b1b03",
+                    "9171c86cafb81dee89df199d953c531d96c55b860e676041370395d75009c3fa333f5e7dedaea867bdfe04d3f8404366fc7e405082e82cddc5b5101b61c12104",
+                    "fc6580b421dd72b5ba9264dfe608870e3c4b67b5b99bdbd6a257c52959e3af1527d0f5ed9f4c38541dda09c26f4bd4d31f6f78ca5329659833dac1b2a89c9f0e",
+                    "cb6ffae7c6c76bf2913246d6715797837414a3790b40409b1053eebb6d308bea63ce8bca16e31a06cbc766a1c9c38dd8819f4cbd958de5e76ec734e8674f8e03"
                 ]
             },
-            "postTxError": {
-                "headSeed": "01030204020305020503020708000708",
-                "tag": "InvalidSeed"
+            "snapshot": {
+                "confirmedTransactions": [
+                    -4,
+                    2,
+                    -3
+                ],
+                "headId": "02060604020700010802070802040207",
+                "snapshotNumber": 4,
+                "utxo": [
+                    3,
+                    4
+                ],
+                "utxoToDecommit": [
+                    -6,
+                    -4,
+                    -1,
+                    1,
+                    4
+                ],
+                "version": 2
             },
-            "tag": "PostTxOnChainFailed"
+            "tag": "SnapshotConfirmed"
         },
         {
-            "postChainTx": {
-                "contestationDeadline": "1864-05-04T12:36:32.91100370416Z",
-                "headSeed": "03010307000103050502060106000802",
-                "tag": "FanoutTx",
-                "utxo": [
-                    -6,
-                    -3,
+            "decommitInvalidReason": {
+                "localUTxO": [
+                    -1,
                     0,
-                    3,
-                    6
-                ]
-            },
-            "postTxError": {
-                "headUTxO": [
-                    -2,
-                    1
+                    1,
+                    2,
+                    4
                 ],
-                "reason": "𮣽􊌟嬲\u00143\u0012",
-                "tag": "InternalWalletError",
-                "tx": {
-                    "id": -1,
-                    "inputs": [
-                        -2,
-                        2,
-                        3
-                    ],
-                    "outputs": []
+                "tag": "DecommitTxInvalid",
+                "validationError": {
+                    "reason": "\u0011󴻣&C1\u0015"
                 }
             },
-            "tag": "PostTxOnChainFailed"
-        },
-        {
-            "headId": "04050105010704010608000802080503",
-            "tag": "TxInvalid",
-            "transaction": {
-                "id": -5,
+            "decommitTx": {
+                "id": -2,
                 "inputs": [
+                    -5,
                     -4,
-                    -3,
-                    -2,
                     4
                 ],
                 "outputs": [
                     -6,
                     -4,
-                    -1,
-                    1
+                    4,
+                    5,
+                    6
                 ]
             },
-            "utxo": [
-                4
-            ],
-            "validationError": {
-                "reason": "\u0018"
-            }
+            "headId": "06000305060107020700040507010203",
+            "tag": "DecommitInvalid"
         },
         {
-            "contestationPeriod": 604800,
-            "headId": "07080607070506040401040801010101",
-            "participants": [
-                "08020304020301040006050808040707020404000604050706050302",
-                "02000100060408020208020508020304050505000002060504060106"
-            ],
+            "headId": "08020405030103050601010407050500",
             "parties": [
                 {
-                    "vkey": "a66909fa8d559517fce04d2c34236a88d62e6f13b0bfeb8c1a4011eacf6d8382"
+                    "vkey": "2ccb452a2e4b7152aeb30960610f105484f481538900b5ec513ee009c141470e"
+                },
+                {
+                    "vkey": "6bc5cf0b3e9e8b7e82b8506daca2b50f8d75ee7c9b29a2dd574e240501228580"
                 },
                 {
-                    "vkey": "af9776352756f94f5388b56b2f6ea070f27379ffe711fa0880b223ccf738a102"
+                    "vkey": "cb376c6ac800d0cb5cc9aecc92f6f8d8767eaf9dd170026ba857adda3a852fc0"
                 },
                 {
-                    "vkey": "936cdfb6c60209107686c935e28824f4f10c29234f30892011b42ce7a0e9b0ef"
+                    "vkey": "0be11be49a5d7b805b2b401fee3c7ffc4a3df40c6624a9bdfbdbb0bfa963c8e6"
                 },
                 {
-                    "vkey": "aeed5e20dc596bb983f6fc2b97c11afc7971f2f4eac8eeaf9385cc14021a340c"
+                    "vkey": "502cc40c3a6f48df67426d22adc9ebc0ccdf9ba92378ae8277e7e93c4729626f"
                 }
             ],
-            "tag": "IgnoredHeadInitializing"
-        },
-        {
-            "contestationPeriod": 604800,
-            "headId": "01000303080406020401080705030003",
-            "participants": [
-                "05000506070205000701050003040800030507010105030505020605",
-                "07030104020507050801010402020203020500080107070007080003",
-                "00050802080201070406030700050800030006080201050407030208",
-                "05040504050000070305030307020200080202020503050107080303"
-            ],
-            "parties": [],
-            "tag": "IgnoredHeadInitializing"
-        },
-        {
-            "peer": "x",
-            "tag": "PeerDisconnected"
+            "tag": "HeadIsInitializing"
         },
         {
-            "headId": "04060408040506060207080706000802",
-            "tag": "TxInvalid",
-            "transaction": {
-                "id": 4,
-                "inputs": [],
+            "decommitTx": {
+                "id": -6,
+                "inputs": [
+                    6
+                ],
                 "outputs": [
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-                        "112d2d9411be959ed5a13859d3c3df266f179df00f0182d13fad6e9d0c64a364": [
-                            -5,
-                            4,
-                            5
-                        ],
-                        "a6a6520be16ac8dd98324753ec137af70b6aa6a97daeddd664f32f73a0ba370c": [
-                            0,
-                            1
-                        ],
-                        "b16c9096309888be31da907b97e3e8f3cfa48bd37cc70efe2d01e1f12fcbbd6b": [],
-                        "b1db4c7c8647f0a715e33ebb2e0aa65d92189e4119add9f700aa160a34954ebe": [
-                            -4,
-                            4
                         ]
                     },
-                    "headId": "06000602030102030608020307050408",
-                    "headSeed": "01060007000001010000000506080808",
+                    "headId": "03080200060504030001050407000400",
+                    "headSeed": "00000601010703040701030108080201",
                     "parameters": {
-                        "contestationPeriod": 72740,
+                        "contestationPeriod": 75315,
                         "parties": [
                             {
-                                "vkey": "27484dc5009597fa24be3682ed997420a17d41d8ae7c7cc0e7f136c1248c4e7b"
+                                "vkey": "acc954886c8a2942030e7582851eb21587de27db9b1c101e1c3850bb98ef5e4a"
                             },
                             {
-                                "vkey": "212d1c90960512709b6bcd4663497727c5e42033a60c8c37fefae563e548d5da"
+                                "vkey": "a6962e9c2c6cbc1d192483aa31937c3215195a70aa742cf3fbe992192ef3d793"
                             }
                         ]
                     },
                     "pendingCommits": [
                         {
-                            "vkey": "96e2cb72f92f0e676400a615203b95bacc39bb1989e99d6516d1d6df25f55db3"
+                            "vkey": "7201e9f12e8f1e6b77155b85fcdcd4fde330666472fbc66c7a3a17d4b25240e1"
+                        },
+                        {
+                            "vkey": "3e42f3758961db96867bbe80a82af81de7903581632033b62edc559ff6f844fd"
+                        },
+                        {
+                            "vkey": "6264db2ea5e98cdd7f0c5edf2dbd9a642f91449b5f2cc4c48266452f03a1221e"
+                        },
+                        {
+                            "vkey": "dda6eaaa557e92511b80fb3d6bf5902c7b4d06c36db25edc1b933779eaa5e1a3"
+                        },
+                        {
+                            "vkey": "b7ed499158ac0d57cbcac80f82166e46497d3706b9150d8f16bc4649c4139ad1"
                         }
                     ]
                 },
@@ -896,1534 +807,1666 @@
             "tag": "CommandFailed"
         },
         {
-            "headId": "01080705080201080408030602080302",
+            "ourVersion": 3,
+            "remoteHost": {
+                "hostname": "0.0.0.2",
+                "port": 5
+            },
+            "tag": "PeerHandshakeFailure",
+            "theirVersions": [
+                5,
+                0,
+                4
+            ]
+        },
+        {
+            "decommitInvalidReason": {
+                "otherDecommitTxId": 1,
+                "tag": "DecommitAlreadyInFlight"
+            },
+            "decommitTx": {
+                "id": -3,
+                "inputs": [
+                    -6,
+                    -2,
+                    -1,
+                    1,
+                    4
+                ],
+                "outputs": [
+                    -3,
+                    1,
+                    3,
+                    4,
+                    5
+                ]
+            },
+            "headId": "03000605050706030804030600060506",
+            "tag": "DecommitInvalid"
+        },
+        {
+            "headId": "08040301000708010602060701010700",
+            "tag": "ReadyToFanout"
+        },
+        {
+            "decommitTxId": 3,
+            "headId": "00070106070805000006040600080107",
+            "tag": "DecommitApproved",
+            "utxoToDecommit": [
+                -5,
+                -3,
+                -2,
+                0,
+                4
+            ]
+        },
+        {
+            "peer": "axkw",
+            "tag": "PeerDisconnected"
+        },
+        {
+            "contestationPeriod": 83046,
+            "headId": "02060504020304010702080102010806",
+            "participants": [
+                "08020008030803020207080604000700050701030407030708060300",
+                "01080708040702040602000803070303020201070003040004040607"
+            ],
             "parties": [
                 {
-                    "vkey": "f6569679406a3adf05ac315c8d3be81efcaec261ae556a11579543313611a4c9"
+                    "vkey": "943828f9f999d5606c905f5f1f2cfe0c3e9f03f46b86469b93ac5aed6b8cb111"
                 },
                 {
-                    "vkey": "2db47aa6931e92f7a722ce34de28b95129ebbb3573ef15f748e304b0b2e19363"
+                    "vkey": "a212b88bdaca6a46072771e078265ce502c52b9107e6f9e0d36649ff90fa09c4"
                 },
                 {
-                    "vkey": "49eab5af51c046ce0058cf17a647952e48238e39b59afa85a323875b22609e5c"
+                    "vkey": "5dcc26a28dfcd7b28ad3154193ea159010b188175932806cd26cf74b6c7953c0"
                 },
                 {
-                    "vkey": "3b7d657bb6c682d404f7f009b577ab5c1d2e8c29286f42719110e215bf74b01b"
+                    "vkey": "5abc2362a99ede8d8be1989802c0feeed3bda9d3057d0e7ef339e3ee4b27b3f3"
                 },
                 {
-                    "vkey": "01d1eb862a0d1dcf0fc70703c83254fa13583342e700833ec1bfadea054fa591"
+                    "vkey": "c2c88221837e118944208ab24ab8a1aaa666d63193048be7cba5276596c4367f"
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-            "tag": "HeadIsInitializing"
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-            "tag": "HeadIsOpen",
-            "utxo": [
-                -5,
-                1,
-                3
-            ]
+            "tag": "IgnoredHeadInitializing"
         },
         {
-            "contestationPeriod": 43200,
-            "headId": "01070203080001040701000201000200",
-            "participants": [
-                "08020806050200030307070202010408070401080602030303050001",
-                "07070201000606030504060401000301050000070507080603050008",
-                "07070107040008030800010407050404070006070602020708020207"
-            ],
-            "parties": [],
-            "tag": "IgnoredHeadInitializing"
+            "headId": "08070406010008000407070301000701",
+            "tag": "ReadyToFanout"
         },
         {
-            "headId": "01030407070807080103060508020705",
-            "tag": "HeadIsOpen",
+            "headId": "00040104060501050105060508050604",
+            "tag": "HeadIsFinalized",
             "utxo": [
+                -6,
                 -4,
-                -3,
                 -2,
-                3,
-                5
+                5,
+                6
             ]
         },
         {
-            "contestationDeadline": "1864-05-08T09:21:47.053352068811Z",
-            "headId": "08010005010402030604000505040006",
-            "snapshotNumber": 4,
-            "tag": "HeadIsContested"
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-        {
-            "headId": "04010800030200030606000602070605",
-            "signatures": {
-                "multiSignature": [
-                    "d94c8c1103d3855b2535552e9df91f3f860960f4b88e6eb11e6b4346cef8598ab54dfabddc3fa24c61b576bdb6ed03f67b7f42e11cd5a0d63304e7c32e22ab00",
-                    "ac70437af31ef5e7b48d62661bc3210b06a691fafbbc7dffdffbe2900d7296d1d0de0367147330502dbaea3ec041da41b747bc1bbd1a1e0a05466d2be0a2a400",
-                    "8e1cb236f729aa7846f9236e5f38bbd4328da2544e9a096149480e6118cab234e62eacf279b653fbcc05c3d37043f8213f6ca0eb03aea4a911e2455fd23dba03",
-                    "0bd4e7de53d61725069f3cd994e98ef417c71f59715f50fbb4fc3ff615c1e119398d6777d642c3f91c4581201a7ed458821e96ae72b4d5af6c6e87b3815ff00b"
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-                "snapshotNumber": 5,
-                "utxo": [
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-            },
-            "tag": "SnapshotConfirmed"
-        },
-        {
-            "postChainTx": {
-                "contestationDeadline": "1864-05-15T14:56:26.01599115919Z",
-                "headSeed": "05010201070605060408080103070004",
-                "tag": "FanoutTx",
-                "utxo": [
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-                    -2,
-                    0
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-            "postTxError": {
-                "chainState": {
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-                "tag": "InvalidStateToPost",
-                "txTried": {
-                    "confirmedSnapshot": {
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-                            "multiSignature": [
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-                            ]
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-                            "headId": "05010203050206070001000104020804",
-                            "snapshotNumber": 6,
-                            "utxo": [
-                                -1,
-                                2,
-                                4,
-                                6
-                            ]
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-                        "tag": "ConfirmedSnapshot"
-                    },
-                    "headId": "03060605000308050803070104030501",
-                    "headParameters": {
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-                        "parties": [
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-                                "vkey": "1706e5f28f40af02daa7dd8362cde5f81d5eebcd38a287502d66d8981ec8fa2e"
-                            },
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-                            },
-                            {
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-                            }
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-                    "tag": "ContestTx"
-                }
-            },
-            "tag": "PostTxOnChainFailed"
-        },
-        {
-            "headId": "03030303080304040707030500010502",
+            "headId": "07010006050808070106060607080700",
             "tag": "HeadIsOpen",
             "utxo": []
         },
         {
-            "peer": "wii",
-            "tag": "PeerDisconnected"
+            "contestationDeadline": "1864-05-05T01:15:08.250044660811Z",
+            "headId": "04040504000304080007030103010704",
+            "snapshotNumber": 3,
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         {
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-            },
-            "tag": "Committed",
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+            "tag": "HeadIsAborted",
             "utxo": [
-                -6,
-                -5,
                 -4,
-                1,
-                2
+                4,
+                5
             ]
         },
         {
-            "headId": "08040004080206030406010704080105",
+            "headId": "01040102050708000105050203030508",
             "tag": "TxInvalid",
             "transaction": {
-                "id": 0,
-                "inputs": [],
-                "outputs": [
+                "id": 6,
+                "inputs": [
                     5
-                ]
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             },
             "utxo": [
-                0,
-                3,
-                5
+                6
             ],
             "validationError": {
-                "reason": ""
+                "reason": "􆞊"
             }
         },
         {
-            "headId": "05000208000002020100040508050705",
-            "signatures": {
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-                "snapshotNumber": 6,
-                "utxo": [
-                    -5
-                ]
-            },
-            "tag": "SnapshotConfirmed"
+            "contestationDeadline": "1864-05-09T23:20:21.479476514577Z",
+            "headId": "03080605040806000103050001050607",
+            "snapshotNumber": 0,
+            "tag": "HeadIsClosed"
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         {
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-            "tag": "GetUTxOResponse",
-            "utxo": [
-                5,
-                6
-            ]
+            "input": ")D􁢸",
+            "reason": "Pw𗶟𬳤",
+            "tag": "InvalidInput"
+        },
+        {
+            "input": "+c𩰚픮췬",
+            "reason": "e􋓌\u001e\u000c",
+            "tag": "InvalidInput"
         },
         {
-            "headId": "01010203080308030405050401080101",
+            "headId": "01050506010704020504030206030306",
             "party": {
-                "vkey": "d298cd752fc32ef43511509e1285f2c9d9d57fb0a2d5b95491fcd8fed56f6819"
+                "vkey": "b482e20b90a4e6344672b3efb642fccea8756073ddb9830ffee3d4726af5babd"
             },
             "tag": "Committed",
+            "utxo": []
+        },
+        {
+            "headId": "01080007080706060207040602080302",
+            "tag": "GetUTxOResponse",
             "utxo": [
-                -6,
-                -2,
-                3,
-                6
+                -5,
+                0
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         {
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-            "hydraNodeVersion": "\"+)󸍻M0",
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-            "snapshotUtxo": [
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-                0,
-                2,
-                4,
-                5
-            ],
-            "tag": "Greetings"
+            "headId": "01050307000801000808040001000402",
+            "tag": "HeadIsAborted",
+            "utxo": [
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+                0
+            ]
         },
         {
-            "headId": "03040402080808070207050607030105",
-            "tag": "ReadyToFanout"
+            "decommitTxId": -2,
+            "headId": "03050604020202060408000208040508",
+            "tag": "DecommitFinalized"
         },
         {
-            "postChainTx": {
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-                        "utxo": [
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-                "headParameters": {
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-                    "parties": [
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-                        },
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-                        },
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-            "postTxError": {
-                "failureReason": "󳠷 b塡",
-                "tag": "FailedToPostTx"
-            },
-            "tag": "PostTxOnChainFailed"
+            "headId": "05060105030106030104070705040104",
+            "tag": "HeadIsOpen",
+            "utxo": [
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         },
         {
-            "contestationDeadline": "1864-05-07T22:37:02.69797754327Z",
-            "headId": "08050302080308070507040204080504",
-            "snapshotNumber": 1,
-            "tag": "HeadIsContested"
+            "peer": "w",
+            "tag": "PeerConnected"
         },
         {
-            "headId": "02010004060407070302030408030605",
-            "tag": "TxValid",
-            "transaction": {
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+            "decommitTx": {
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                 "inputs": [
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-                    5
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                 "outputs": [
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                 ]
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-        },
-        {
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-            "tag": "HeadIsFinalized",
-            "utxo": [
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+            "headId": "06080606020602080801030303010102",
+            "tag": "DecommitRequested",
+            "utxoToDecommit": [
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+                -3,
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                 -1,
-                4
+                5,
+                6
             ]
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         {
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-            "tag": "GetUTxOResponse",
-            "utxo": [
-                -6,
-                -3,
+            "headStatus": "Open",
+            "hydraNodeVersion": "𑵒\u001d𨵻;",
+            "me": {
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                 2,
                 3
-            ]
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-        {
-            "contestationDeadline": "1864-05-10T12:35:34.83548054732Z",
-            "headId": "03050006020702080407070104060600",
-            "snapshotNumber": 6,
-            "tag": "HeadIsClosed"
+            ],
+            "tag": "Greetings"
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         {
-            "headId": "05040802010207070308040403020705",
-            "tag": "TxInvalid",
-            "transaction": {
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-                "inputs": [
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-                    5,
-                    6
-                ],
-                "outputs": [
-                    -6,
-                    -2,
-                    -1,
-                    3,
-                    6
-                ]
+            "headStatus": "FanoutPossible",
+            "hydraNodeVersion": "ux\u0006",
+            "me": {
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             },
-            "utxo": [],
-            "validationError": {
-                "reason": "G"
-            }
+            "snapshotUtxo": [
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+            "tag": "Greetings"
         },
         {
-            "headId": "08030504000604050508020106010207",
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-                "inputs": [
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-                    -2,
-                    0,
-                    1,
-                    5
-                ],
-                "outputs": [
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-                    2
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+            "decommitTx": {
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+                "inputs": [],
+                "outputs": []
             },
-            "utxo": [
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-            ],
-            "validationError": {
-                "reason": "Bg𠃖"
-            }
+            "headId": "08020806050701010502000404080600",
+            "tag": "DecommitRequested",
+            "utxoToDecommit": [
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         },
         {
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-                }
-            ],
-            "tag": "HeadIsInitializing"
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+            "tag": "ReadyToFanout"
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         {
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+                                    2
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                         },
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+                                    1
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+                                    2
+                                ]
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+                        "localUTxO": [
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-            "headId": "03020207080800020202050808000103",
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-            "tag": "Greetings"
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-            "tag": "TxInvalid",
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                 "inputs": [
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             "remoteHost": {
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-                "port": 2
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             "tag": "PeerHandshakeFailure",
             "theirVersions": [
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-                4,
-                2,
-                2,
-                2,
-                5
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+                0
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         {
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+                    "05070407010506050003060203080805020407040705000301010105",
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+            "tag": "PostTxOnChainFailed"
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+            "tag": "ReadyToFanout"
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             "tag": "HeadIsAborted",
             "utxo": [
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-                    1
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-            "tag": "PostTxOnChainFailed"
+            "tag": "PeerHandshakeFailure",
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-            "tag": "TxInvalid",
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-            "utxo": [
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         {
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-            "headId": "06060705070100060302030706060805",
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             "participants": [
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-                "04060003030502040802080305030102000002010705040600010407"
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+                "08010808060208080802060406030800000802040103050405010706",
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-            "tag": "PeerHandshakeFailure",
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+            "tag": "HeadIsOpen",
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+                5
             ],
-            "tag": "HeadIsInitializing"
+            "validationError": {
+                "reason": "g󹭎^0􃦞|"
+            }
         },
         {
-            "input": "\u0013.L~",
-            "reason": "\u0018\u0015",
-            "tag": "InvalidInput"
+            "clientInput": {
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+                                "inputs": [
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+                                    1,
+                                    2,
+                                    4,
+                                    5
+                                ],
+                                "outputs": [
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+                                    6
+                                ]
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+                                "inputs": [
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+                                ],
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+                                    -3,
+                                    -2,
+                                    2,
+                                    4
+                                ]
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+                                    6
+                                ],
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+                                    6
+                                ]
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+                                "inputs": [
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+                                    -1,
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+                                    5
+                                ],
+                                "outputs": [
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+                                    4
+                                ]
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+                            "5": {
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+                                "outputs": [
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+                                    -2,
+                                    1,
+                                    2,
+                                    6
+                                ]
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+                        "confirmedSnapshot": {
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+                                    "c8fa86d0a9c0c31046e4769048e30748fa4724001e7f8c28221d80bf80f7bfd34ec825ea8cbe905d6557d182b479e52e00497af30a469c0f41bafc5e7a9c8b0d",
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+                                ]
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+                                "headId": "03030002010308080202040304010700",
+                                "snapshotNumber": 1,
+                                "utxo": [
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+                                ],
+                                "utxoToDecommit": [
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+                                    4
+                                ],
+                                "version": 0
+                            },
+                            "tag": "ConfirmedSnapshot"
+                        },
+                        "decommitTx": {
+                            "id": 3,
+                            "inputs": [
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+                                -2,
+                                -1,
+                                0,
+                                1,
+                                6
+                            ],
+                            "outputs": [
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+                                -4,
+                                1,
+                                2
+                            ]
+                        },
+                        "localTxs": [
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+                                "id": -6,
+                                "inputs": [
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+                                    -2,
+                                    -1,
+                                    2,
+                                    5
+                                ],
+                                "outputs": [
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+                                ]
+                            },
+                            {
+                                "id": -6,
+                                "inputs": [
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+                                    6
+                                ],
+                                "outputs": [
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+                                    -2,
+                                    0,
+                                    4
+                                ]
+                            },
+                            {
+                                "id": -2,
+                                "inputs": [
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+                                    -3,
+                                    0
+                                ],
+                                "outputs": [
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+                                    -3,
+                                    1,
+                                    5
+                                ]
+                            }
+                        ],
+                        "localUTxO": [
+                            -5,
+                            1,
+                            3
+                        ],
+                        "seenSnapshot": {
+                            "tag": "NoSeenSnapshot"
+                        },
+                        "version": 2
+                    },
+                    "currentSlot": 0,
+                    "headId": "03010200070100060108020604050604",
+                    "headSeed": "06050205040808000202050105000400",
+                    "parameters": {
+                        "contestationPeriod": 31536000,
+                        "parties": [
+                            {
+                                "vkey": "82bf43393415e5ced904fd0564acd66946e9b1f7cdc7a3d9e4eacc85c135b772"
+                            }
+                        ]
+                    }
+                },
+                "tag": "Open"
+            },
+            "tag": "CommandFailed"
         },
         {
             "clientInput": {
-                "tag": "NewTx",
-                "transaction": {
-                    "id": 6,
-                    "inputs": [
-                        -6,
-                        1,
-                        2
-                    ],
-                    "outputs": [
-                        -6,
-                        -4,
-                        2,
-                        4
-                    ]
-                }
+                "tag": "Init"
             },
             "state": {
                 "contents": {
                     "chainState": {
-                        "slot": 4
+                        "slot": 5
                     },
                     "committed": {
-                        "0b042dc42986bb12347c4ef20bb80b2da95a1d1fac4ea6a44ecbf68d8d371e86": [
-                            -3,
-                            1,
+                        "06884975f827d6ca9a26903effdcee4d89d892e7f84a8d4677cb6e05f6eaeff3": [
+                            6
+                        ],
+                        "642ebd77c603299a3d8738211af9fe5f4f019cc17d24417b31867e2ad7862cd8": [
+                            -1,
+                            3,
                             5
                         ],
-                        "d9d88d35d13a1685b69a124e661c5f3373624b805ceec410d12d7f801f700c82": [
-                            -4,
-                            2,
-                            3
+                        "70e93a3597e8a0a1f0876ebd7bf025a6c653902944c9b4a3df0ee0bb4adedda7": [
+                            -3,
+                            -2,
+                            0,
+                            2
+                        ],
+                        "8c6a11345ba16a92f685e6622bc8f08e80addec48bd85d9a98153557cc1e62e7": [
+                            0,
+                            2
                         ]
                     },
-                    "headId": "02060605010806010201030306080501",
-                    "headSeed": "08060506020003020705000507030704",
+                    "headId": "00030608070604080608060400030807",
+                    "headSeed": "00030800070202030607060105070501",
                     "parameters": {
-                        "contestationPeriod": 86400,
+                        "contestationPeriod": 43200,
                         "parties": [
                             {
-                                "vkey": "7ffb34e9d6f17ad39d81b7137e71c46151b807fb1a4984ffefd48619b93519c8"
-                            },
-                            {
-                                "vkey": "65c39723d70a48743a898a767bb003ec5dec072c3a1d6d13279a9d4e8a3bd4d6"
-                            },
-                            {
-                                "vkey": "ae0988101b86a4595614df99bc131883cee0e7fe7c728ae40740c91f8625802b"
-                            },
-                            {
-                                "vkey": "add47825d6b9aaf8c978816968bd50547094fb188697997806e09bd481feac7a"
+                                "vkey": "1877ddbc200788fca87de214d166a6ea08da6ec13d1fb0460878725593de4b9b"
                             },
                             {
-                                "vkey": "5342ac9544fd8fee63b622fd0d68c90c6efc8e907954842a10813c57d542f877"
+                                "vkey": "73f7926b51f2f600287b3cbc44261db79195ff21eb6c38a34633ccd0289a8dcb"
                             },
                             {
-                                "vkey": "c72beeaf571e7d5471f34b578038ac677ea6f0bfb1732083b5b7fd08803720f1"
+                                "vkey": "e307b4818ae4b079e29e686c0cd3891d1654194ccdc519fd08320729b058ceea"
                             }
                         ]
                     },
                     "pendingCommits": [
                         {
-                            "vkey": "442835e268a23038129c8b13371b7f65a6294a09b6248a3faeef3812406fc279"
-                        },
-                        {
-                            "vkey": "c701ce8b73a6925ccbc15ae3ae7a813bb948a03e1598e5df66429e329d852d13"
-                        },
-                        {
-                            "vkey": "4e37e4a6b2f07bbae188ee8c5789b3515f813e96bd32cc6adccf4395ffbc7c25"
+                            "vkey": "9a33a4c3fd8127921c98a50b83a0d3316d18684bd847b49005fdedc56306c814"
                         },
                         {
-                            "vkey": "78db63a9d50837af7a25bc9b6aa9855c0c45482024ed69fda41d7a55e0ca27c6"
+                            "vkey": "e86df98853735aa3b74c2d3cab68aa3b742ae40337f2a6ab516706619e9e6ea2"
                         },
                         {
-                            "vkey": "641fcdc14ee522e7a6590acc7b1ce1d75150e8e3bf384a20a8d9753188ede9c2"
+                            "vkey": "896d8a16c37915acbdf80be0c10ae46d4d197b659534494fa66f2d8a558de7fb"
                         },
                         {
-                            "vkey": "dd0f01c96395f24d26a6500eed7f1e327299b4364170635069049ec7b6c808fa"
+                            "vkey": "c36e50883e28f37c6483c2954719ce124ba2557c51bab003c1b6aff4b05c6205"
                         }
                     ]
                 },
@@ -2432,259 +2475,420 @@
             "tag": "CommandFailed"
         },
         {
-            "headId": "05000006020500030403050203000703",
-            "tag": "HeadIsOpen",
+            "contestationPeriod": 86400,
+            "headId": "04000205030801060703020101060804",
+            "participants": [
+                "02080500050708050208080705010806030702040802080101000704",
+                "03080302010505060700080805050608060405070002080103030600",
+                "05020806060805080508040006080407010305000107010503020705"
+            ],
+            "parties": [
+                {
+                    "vkey": "522855077d8c4a1e136984a68fe125ae6ebfb413045e176af15cb38a67166104"
+                },
+                {
+                    "vkey": "b4b30dc3a29a2a1b04b28aba34c323a318c3860250d504213c7cf1340f591a79"
+                },
+                {
+                    "vkey": "4d760a949598ae7af4a5867ca8fe9c0cd4ca573729d86743764928cee19050e7"
+                },
+                {
+                    "vkey": "9fafd5e540244d5131c65e97d883855f1af616acbe620487ec873dacad07ed93"
+                },
+                {
+                    "vkey": "01e92777c5bb2f483d48fdaf84b774299c804476e68f034a80cd1237950ad5a4"
+                }
+            ],
+            "tag": "IgnoredHeadInitializing"
+        },
+        {
+            "headId": "06030102070504080002050702030306",
+            "tag": "HeadIsFinalized",
+            "utxo": []
+        },
+        {
+            "headId": "07010504020804080806030801010001",
+            "tag": "ReadyToFanout"
+        },
+        {
+            "decommitTxId": -5,
+            "headId": "05000406010704070001010307040408",
+            "tag": "DecommitFinalized"
+        },
+        {
+            "headId": "07030507000402060106070305030108",
+            "signatures": {
+                "multiSignature": [
+                    "a1f000ea252b28383b218c4429a73805bb17281f246bf1b1a8c728870098229d47e7b1947571b22902d2e61de7a7da40fe2ac630e479fcaa564c50acd9fc3702",
+                    "82c33dfd54c06966c4a67824538decbfaacf30612d751de04cb2310661121a767936e2fcbdd4bebe94a612f4096a461944d0db1d0e99bba8be023019982c8107",
+                    "bbd5799aa3c60647648d3fe7fe0c23835f533cd508440821e77fef8f3ff6e1fad56c6b187d94ce5916446fb4befb5401463845e778a47cd40d138fde6dffef05",
+                    "c684b19c8eff8062b80fc5faf160464bb260cf87d51815dc6e934d3daa041bb9a3e57d898ad1164c0ae485ac5e1284765d86ed1240527859aa28579b21362a05"
+                ]
+            },
+            "snapshot": {
+                "confirmedTransactions": [
+                    -3,
+                    -6
+                ],
+                "headId": "06040706020606080700000502060403",
+                "snapshotNumber": 2,
+                "utxo": [
+                    -1,
+                    2
+                ],
+                "utxoToDecommit": [
+                    0
+                ],
+                "version": 4
+            },
+            "tag": "SnapshotConfirmed"
+        },
+        {
+            "headId": "07060102080207070304070004000000",
+            "tag": "HeadIsAborted",
+            "utxo": [
+                -5,
+                1,
+                3
+            ]
+        },
+        {
+            "headId": "00020204030602070308050806000801",
+            "party": {
+                "vkey": "836e300b1fd6fb9680e861158fe3ea36caf5da1c352a5ba43626081282eb38c9"
+            },
+            "tag": "Committed",
             "utxo": [
                 -4,
-                -2
+                -3
             ]
         },
         {
-            "contestationDeadline": "1864-05-08T00:19:18.896000102594Z",
-            "headId": "02040502050608070507030003010206",
-            "snapshotNumber": 5,
-            "tag": "HeadIsClosed"
+            "headId": "04010101080208050600070007060703",
+            "tag": "ReadyToFanout"
         },
         {
-            "contestationDeadline": "1864-05-06T16:48:55.662661830545Z",
-            "headId": "05000101010006070306080505060207",
-            "snapshotNumber": 4,
-            "tag": "HeadIsClosed"
+            "headId": "01060306050200030102020804030206",
+            "tag": "HeadIsOpen",
+            "utxo": [
+                -2,
+                0,
+                5
+            ]
         },
         {
-            "headId": "08070004010803020404010602010100",
-            "tag": "TxValid",
-            "transaction": {
-                "id": 5,
+            "headId": "01010003030400040405040403060006",
+            "tag": "ReadyToFanout"
+        },
+        {
+            "contestationDeadline": "1864-05-06T04:36:44.131145898321Z",
+            "headId": "01060200060404070305030803030405",
+            "snapshotNumber": 2,
+            "tag": "HeadIsContested"
+        },
+        {
+            "decommitInvalidReason": {
+                "otherDecommitTxId": -1,
+                "tag": "DecommitAlreadyInFlight"
+            },
+            "decommitTx": {
+                "id": 0,
                 "inputs": [
+                    -1
+                ],
+                "outputs": [
+                    -6,
+                    -4,
                     -3,
-                    0,
+                    -2,
+                    2
+                ]
+            },
+            "headId": "03000500040302010402050403080302",
+            "tag": "DecommitInvalid"
+        },
+        {
+            "headId": "00010600080406010606080507070102",
+            "signatures": {
+                "multiSignature": [
+                    "eb92497864579472f5ec37d6c0ac23a7eb7782f08ad07baab5895e23dea5530fcddee4e3517515bf8730871fe9b36a86488ddaa8de87ae41a22a946ad4d33c0b",
+                    "3ba38d94decae94bbdde5be89e131ff89e8112762a2f8109c43ea2c2d0d4f553169305d2dba62c404a81108a57ce0ae68338c94cfac77351d2a74cbd49290000",
+                    "591977c3de3f732b7d80e589027cd261397ca55a79aed95e4fb0dbaa99f2413b9b4c0a2cd6e460ab54cb70981debf70b56573ffc7fa1065d408d1e60a1ca3c01",
+                    "26e055dba840622c3a777a6d506e9dce440d1c6761590aeb47d62b82df1f5225cf4c29d37b0f0ce1d1a5757f91a7a91e73dddcda3238602cf21cb0e37dbe8609",
+                    "9e42848e4796464afe60a311f6bf7aed85c740d5660764acd7cc974a7f66b4c905928517428c64c1c3a20e296111e4c5e8c66ad357e409e69c104d138137d00e"
+                ]
+            },
+            "snapshot": {
+                "confirmedTransactions": [
                     1,
+                    -5,
+                    -5,
+                    2,
                     3,
-                    6
+                    1
                 ],
-                "outputs": [
-                    5,
-                    6
-                ]
-            }
+                "headId": "08040505020300050502060105020508",
+                "snapshotNumber": 4,
+                "utxo": [
+                    -4,
+                    -2,
+                    1,
+                    3
+                ],
+                "utxoToDecommit": [
+                    -2
+                ],
+                "version": 5
+            },
+            "tag": "SnapshotConfirmed"
         },
         {
-            "headId": "05060006050204020700010203030800",
+            "headId": "00040807010701040806060704000602",
             "parties": [
                 {
-                    "vkey": "df280c4c7c65ece4eb3d30bd4eb84ae0e0f1810641fa2dbf36409c3b7e918e53"
+                    "vkey": "637fee1eb26db9abc0b42cdd3ff37ca3657833b20cbc27ef031d5296434bcecd"
+                },
+                {
+                    "vkey": "1164727cc9aed1b03a80d4011349adcb94f60e05f7db08312ec9f524461ae452"
+                },
+                {
+                    "vkey": "1f52adfd26ebe185bea9100fd89d17a012015f46d4d00391aab02c56acde0bea"
+                },
+                {
+                    "vkey": "720e8709a13a15593b7fd81afb740911c7ae969e6da6d74876c5b3af60f7af00"
+                },
+                {
+                    "vkey": "12092483ac100edcc4d6f04c3828daa5ab53ed6a964ada2bbf5b9d86cb1c4772"
+                },
+                {
+                    "vkey": "017a332c815592a1a38113e1d3dec165b4185e9d1cee28bc9e8b8d3a81e0ed53"
                 }
             ],
             "tag": "HeadIsInitializing"
         },
         {
-            "ourVersion": 4,
-            "remoteHost": {
-                "hostname": "0.0.0.5",
-                "port": 0
-            },
-            "tag": "PeerHandshakeFailure",
-            "theirVersions": [
-                2,
-                4,
-                4,
-                5
-            ]
+            "peer": "bsddr",
+            "tag": "PeerDisconnected"
         },
         {
-            "headId": "05080407010802080803020504000803",
+            "headId": "02010204070802050803070504040601",
+            "tag": "HeadIsFinalized",
+            "utxo": []
+        },
+        {
+            "headId": "05060701000306080702030404040707",
             "tag": "TxValid",
             "transaction": {
-                "id": -2,
+                "id": 2,
+                "inputs": [],
+                "outputs": [
+                    -3,
+                    4,
+                    6
+                ]
+            }
+        },
+        {
+            "contestationDeadline": "1864-05-15T10:03:45.701559622903Z",
+            "headId": "02070506000605040306070405000303",
+            "snapshotNumber": 0,
+            "tag": "HeadIsClosed"
+        },
+        {
+            "contestationDeadline": "1864-05-03T02:19:33.663133816953Z",
+            "headId": "01020705000006060406080804000103",
+            "snapshotNumber": 1,
+            "tag": "HeadIsContested"
+        },
+        {
+            "headId": "02030702060406080504010108010000",
+            "tag": "ReadyToFanout"
+        },
+        {
+            "headId": "00040701050107080800080508030604",
+            "tag": "HeadIsFinalized",
+            "utxo": [
+                1
+            ]
+        },
+        {
+            "headId": "04040203050006020000030105050808",
+            "tag": "GetUTxOResponse",
+            "utxo": [
+                5
+            ]
+        },
+        {
+            "decommitTxId": -3,
+            "headId": "04050105010303050307030500000202",
+            "tag": "DecommitFinalized"
+        },
+        {
+            "decommitInvalidReason": {
+                "otherDecommitTxId": -4,
+                "tag": "DecommitAlreadyInFlight"
+            },
+            "decommitTx": {
+                "id": 0,
                 "inputs": [
-                    -5,
-                    -4,
-                    1
+                    4
                 ],
                 "outputs": [
-                    -1
+                    -4,
+                    -1,
+                    1,
+                    4
                 ]
-            }
+            },
+            "headId": "04060201080103010406020002000603",
+            "tag": "DecommitInvalid"
         },
         {
-            "headId": "00010105020302060101000707040804",
-            "tag": "TxInvalid",
-            "transaction": {
-                "id": 3,
-                "inputs": [],
-                "outputs": []
+            "headId": "02060705060201050704030603050705",
+            "signatures": {
+                "multiSignature": [
+                    "8c883a3800678d6e0fb94944ea4a7e6c7f5379f631bd9135c11d61ed626d5a741f29d9a1add9b631da345d8f96e0feddf8742e9f65446ecb61b3730937ccd503",
+                    "f239fba07a4352d7be095e80fe398bd3ff16d2375381f620a60b601c1d29b66132da77e4960ed5c0d898d3575ab6cf7af004cf7ef824a1dbedcbc9d4a8c12404"
+                ]
+            },
+            "snapshot": {
+                "confirmedTransactions": [
+                    2,
+                    -5,
+                    2,
+                    5
+                ],
+                "headId": "01080501030003030803050502030402",
+                "snapshotNumber": 0,
+                "utxo": [
+                    -2
+                ],
+                "utxoToDecommit": [
+                    -4,
+                    -3,
+                    1,
+                    2,
+                    5,
+                    6
+                ],
+                "version": 4
             },
-            "utxo": [
-                -5,
-                -2,
-                -1,
-                0,
-                1,
-                4
-            ],
-            "validationError": {
-                "reason": "􆡸󻄵ヽ!X\\"
-            }
+            "tag": "SnapshotConfirmed"
         },
         {
-            "headId": "04050706080002060407000107070003",
-            "party": {
-                "vkey": "725716f767a3bbf1c12390124e76c3e322ceb32fb1a8f3c0eb685ccfa91efcde"
+            "postChainTx": {
+                "headSeed": "03020803000201070803080501040504",
+                "tag": "AbortTx",
+                "utxo": [
+                    -6
+                ]
             },
-            "tag": "Committed",
-            "utxo": [
-                -6,
-                -5,
-                -4,
-                3
-            ]
-        },
-        {
-            "headId": "05080508070807040306030400060504",
-            "tag": "ReadyToFanout"
+            "postTxError": {
+                "tag": "FailedToConstructCloseTx"
+            },
+            "tag": "PostTxOnChainFailed"
         },
         {
-            "headId": "05070201030608050202070108000102",
-            "tag": "HeadIsFinalized",
-            "utxo": [
-                -2,
-                1,
-                4
-            ]
+            "headId": "08050002080002080307030003020404",
+            "signatures": {
+                "multiSignature": []
+            },
+            "snapshot": {
+                "confirmedTransactions": [
+                    2,
+                    0
+                ],
+                "headId": "06040801030101040704010806040201",
+                "snapshotNumber": 4,
+                "utxo": [],
+                "utxoToDecommit": [],
+                "version": 0
+            },
+            "tag": "SnapshotConfirmed"
         },
         {
-            "headId": "08040008050205030001040606050008",
-            "tag": "TxValid",
-            "transaction": {
-                "id": 5,
-                "inputs": [
-                    -6
-                ],
-                "outputs": []
-            }
+            "contestationDeadline": "1864-05-09T15:52:03.627610887262Z",
+            "headId": "03010405050404060600000000000807",
+            "snapshotNumber": 4,
+            "tag": "HeadIsClosed"
         },
         {
             "clientInput": {
-                "tag": "Contest"
+                "tag": "GetUTxO"
             },
             "state": {
                 "contents": {
                     "chainState": {
-                        "slot": 4
+                        "slot": 3
                     },
                     "coordinatedHeadState": {
                         "allTxs": {
                             "0": {
-                                "id": 1,
+                                "id": 4,
                                 "inputs": [
-                                    -1,
+                                    -6,
+                                    -4,
+                                    5,
                                     6
                                 ],
                                 "outputs": [
-                                    -4,
+                                    -5,
+                                    -2,
                                     1,
-                                    2
+                                    6
                                 ]
                             }
                         },
                         "confirmedSnapshot": {
-                            "signatures": {
-                                "multiSignature": [
-                                    "482f52a8ea34253df7d3a88372d205ffa69a9699d303515841c733c75c1a4670636d553d32a51742f471dd86823a689a93b923030cd88e090ffdbccabe6e5103",
-                                    "2aea0561828c5ff5619b647cdba7202aecaa145cebe5dffaa3eb9772891cb26b83282a42ab21433f8fb07f14ce5f3a9085a7c65bbfd6609c0c781a9bc69ca006",
-                                    "2e617b70bdda86be516cf3479ca257f557a4767eb6858c7574aa1a99f06a81084a54cf1d6543f2cf58e3bed367f0c0e23e95f3f075ec3c3dd2630ebfa3e9480b",
-                                    "8d7abb34461f8e60fa8bf8977ddb6f918ab706e4e4f22d5c8e2de845363d46e72bd85e8cd28993d76993d8fb901892a22a96755b52659624e08ca2154eaeab0a"
-                                ]
-                            },
-                            "snapshot": {
-                                "confirmedTransactions": [],
-                                "headId": "01070801010406050007050303040800",
-                                "snapshotNumber": 2,
-                                "utxo": [
-                                    -6,
-                                    -4,
-                                    5
-                                ]
-                            },
-                            "tag": "ConfirmedSnapshot"
+                            "headId": "04020507000702050007000407020102",
+                            "initialUTxO": [
+                                -2,
+                                -1,
+                                4
+                            ],
+                            "tag": "InitialSnapshot"
+                        },
+                        "decommitTx": {
+                            "id": 0,
+                            "inputs": [
+                                4
+                            ],
+                            "outputs": [
+                                -4,
+                                -3,
+                                -2,
+                                0
+                            ]
                         },
                         "localTxs": [
                             {
-                                "id": -4,
-                                "inputs": [
-                                    -4,
-                                    0,
-                                    5
-                                ],
-                                "outputs": [
-                                    -6,
-                                    -2
-                                ]
-                            },
-                            {
-                                "id": 0,
-                                "inputs": [
-                                    -4,
-                                    -2,
-                                    -1,
-                                    3,
-                                    6
-                                ],
-                                "outputs": [
-                                    1,
-                                    4
-                                ]
-                            },
-                            {
-                                "id": 4,
-                                "inputs": [
-                                    -2
-                                ],
-                                "outputs": [
-                                    -3,
-                                    -2
-                                ]
-                            },
-                            {
-                                "id": -5,
+                                "id": 6,
                                 "inputs": [
-                                    -1,
                                     0,
                                     3,
                                     4,
                                     5
                                 ],
                                 "outputs": [
-                                    -5,
-                                    -1,
-                                    6
+                                    2
                                 ]
                             }
                         ],
-                        "localUTxO": [
-                            -4,
-                            -1,
-                            0,
-                            2,
-                            3
-                        ],
+                        "localUTxO": [],
                         "seenSnapshot": {
-                            "lastSeen": 6,
+                            "lastSeen": 0,
                             "tag": "LastSeenSnapshot"
-                        }
+                        },
+                        "version": 6
                     },
-                    "currentSlot": 4,
-                    "headId": "03030405020304030703000701030308",
-                    "headSeed": "07040204050402020106000403070207",
+                    "currentSlot": 3,
+                    "headId": "00040507040408030002000203070803",
+                    "headSeed": "06070306010007030206000104010203",
                     "parameters": {
-                        "contestationPeriod": 13212,
+                        "contestationPeriod": 86400,
                         "parties": [
                             {
-                                "vkey": "7b6ef655e176246df2aeb67d938f89f33dcc88d034214755e9bc88687d7b1b5c"
-                            },
-                            {
-                                "vkey": "240cadf8804e04dc98f93b1057a6ae610569fd117475ebe6e22e12e80a1f4986"
+                                "vkey": "a8f9df23c591aeccfb494afdf3fd5c7055547c1ef4823bfaa60e4ab8588427f7"
                             }
                         ]
                     }
@@ -2694,276 +2898,375 @@
             "tag": "CommandFailed"
         },
         {
-            "headId": "05000406070703050605020506030204",
-            "parties": [
-                {
-                    "vkey": "6711b1662769c4165dd1a2654e06eaa101dcf5bd3d5ec68016f580ce7c1e09e3"
-                },
-                {
-                    "vkey": "91d4daba410224dc5158b8752bd576db5cafb46062a12eda54bd91ff1811d585"
-                }
+            "ourVersion": 6,
+            "remoteHost": {
+                "hostname": "0.0.0.0",
+                "port": 5
+            },
+            "tag": "PeerHandshakeFailure",
+            "theirVersions": [
+                1,
+                5
+            ]
+        },
+        {
+            "headId": "05050700010702000108020506020106",
+            "tag": "TxInvalid",
+            "transaction": {
+                "id": -5,
+                "inputs": [
+                    -6,
+                    0
+                ],
+                "outputs": [
+                    -4,
+                    4
+                ]
+            },
+            "utxo": [
+                -6,
+                -3,
+                -1,
+                2,
+                6
             ],
-            "tag": "HeadIsInitializing"
+            "validationError": {
+                "reason": "𢔯󶐧"
+            }
         },
         {
-            "headId": "04020804000706010005010005030504",
-            "tag": "ReadyToFanout"
+            "peer": "eudl",
+            "tag": "PeerDisconnected"
         },
         {
-            "clientInput": {
-                "tag": "GetUTxO"
-            },
-            "state": {
-                "contents": {
-                    "chainState": {
-                        "slot": 1
-                    },
-                    "coordinatedHeadState": {
-                        "allTxs": {},
-                        "confirmedSnapshot": {
-                            "signatures": {
-                                "multiSignature": [
-                                    "3cb216ab25698b627da245d14c049cd78b9653224bc448f04f082870145eaa9cddfe0b4bfc89854c0ee28aacebacfae2907762d4a30f85343da6c955493e5408",
-                                    "81da9c8395beb61f02e0f7addb86f5169b38b00aa149d7b04f6669ac0b4496f5318505b0f646de6cf6fe00a04d6b194ce9ace6e59eb3ba7f1a7762954e49540f",
-                                    "b9eb75ce58a78e37338da3174dd16034a78290e37da191fcefb87093c1ad8c996876034221d9ba92eb202894d08c2f0060c1b1560b9b39178ebf57caad4dbc0d",
-                                    "c9ccdf1dbc358abb907e892ef374bc8b41d1993ecc746fdcfb3e7631a7c97b2c0553db5704aedd4adb96ac25ffbf864e75b374ed484536d3676936901ca8d90a",
-                                    "e74214b94ffed0ede89ae92684a072c7f671d79b898e2f927a08de0ce2c4a545cfe0ac8c57f93fee6d47ada58bc110a98de25a7c1eb6e2626f31f0e67c837602"
-                                ]
-                            },
-                            "snapshot": {
-                                "confirmedTransactions": [],
-                                "headId": "05010202050500040605030308080003",
-                                "snapshotNumber": 4,
-                                "utxo": [
-                                    6
-                                ]
-                            },
-                            "tag": "ConfirmedSnapshot"
-                        },
-                        "localTxs": [
-                            {
-                                "id": 6,
-                                "inputs": [
-                                    2
-                                ],
-                                "outputs": []
-                            },
-                            {
-                                "id": 6,
-                                "inputs": [],
-                                "outputs": [
-                                    -4,
-                                    -3,
-                                    6
-                                ]
-                            },
-                            {
-                                "id": 2,
-                                "inputs": [
-                                    4
-                                ],
-                                "outputs": []
-                            },
-                            {
-                                "id": -6,
-                                "inputs": [
-                                    1,
-                                    3,
-                                    5
-                                ],
-                                "outputs": [
-                                    2
-                                ]
-                            },
-                            {
-                                "id": -1,
-                                "inputs": [
-                                    -5,
-                                    -2,
-                                    0,
-                                    3,
-                                    5
-                                ],
-                                "outputs": []
-                            }
+            "postChainTx": {
+                "closingSnapshot": {
+                    "signatures": {
+                        "multiSignature": [
+                            "2c256ab671823a81698c6f06afa11e692f0b36f775cd0bdbbd9462f81c0617425eb6ee84ee240d33464dedef3748546a433a3f0d06137ebb7aa32d0e8bf7b008",
+                            "c9cea3bfc2294d2b2e7a8f726dd9a972f6f02f76b9d0383dd68976f705cae4e930adb2fe83fb5f9dbc609203ab350e01b3d7d9f46898a3d46a26fbead5607b09",
+                            "4a456926b3e2d3371e5777c08bb0ea2d1e192aa7e69ef60b4c53e7985a65618211650a63ab06ee40a1835229c62b0e2a8a32c49087f3a2802324fbbd82836e0f",
+                            "75ffca8e563ad227883d3ce41120689c306b6b47309790cb0337e7cba04dff84b5a68e4dfd8a8ede0e6b6d9f7c1fb1797205afa99fdb925754a601c71cb7650b",
+                            "d9a761e0304d9d457ef02b5f601860f3c4db90fcc779115138ca9ecda790e4af00d0e5dce44db72bfed67d5bd5af52746332efcc50bcbd3891bdcff54afc2908"
+                        ]
+                    },
+                    "snapshot": {
+                        "confirmedTransactions": [],
+                        "headId": "01070403020001040101030506000502",
+                        "snapshotNumber": 5,
+                        "utxo": [
+                            -2,
+                            -1,
+                            3,
+                            5
                         ],
-                        "localUTxO": [],
-                        "seenSnapshot": {
-                            "tag": "NoSeenSnapshot"
-                        }
+                        "utxoToDecommit": [
+                            3
+                        ],
+                        "version": 0
                     },
-                    "currentSlot": 6,
-                    "headId": "04060503020300070703020402080606",
-                    "headSeed": "03060202030303060808060008080202",
-                    "parameters": {
-                        "contestationPeriod": 86400,
-                        "parties": [
-                            {
-                                "vkey": "d765ce7aedecb7ecca91a3a596d6ada7520e78b58e25345694341175a98c265b"
-                            },
-                            {
-                                "vkey": "8a5ef3c021da0e19d5cb9b57abe957febfacffa7a00cad1d0d991dd4163e25a1"
-                            },
-                            {
-                                "vkey": "87158c2bc162369e8b1d034c8cb24a5b6c7bdc8418a25ae76f834cb0e9ebf662"
-                            },
-                            {
-                                "vkey": "fcdfbcb6b7e7d4915c27f8fd6f52356e9524682f663ea36688acdcb570142078"
-                            }
-                        ]
-                    }
+                    "tag": "ConfirmedSnapshot"
                 },
-                "tag": "Open"
+                "headId": "05030603040003000003030507070104",
+                "headParameters": {
+                    "contestationPeriod": 31536000,
+                    "parties": []
+                },
+                "openVersion": 3,
+                "tag": "CloseTx"
             },
-            "tag": "CommandFailed"
+            "postTxError": {
+                "tag": "FailedToConstructFanoutTx"
+            },
+            "tag": "PostTxOnChainFailed"
         },
         {
-            "headId": "07060103070706000607010404080000",
-            "parties": [],
-            "tag": "HeadIsInitializing"
+            "peer": "jud",
+            "tag": "PeerDisconnected"
         },
         {
-            "headId": "07000005060101070402060607070202",
-            "tag": "TxValid",
-            "transaction": {
-                "id": -3,
+            "decommitInvalidReason": {
+                "localUTxO": [],
+                "tag": "DecommitTxInvalid",
+                "validationError": {
+                    "reason": "D\u001f\u000b𮑽9"
+                }
+            },
+            "decommitTx": {
+                "id": -2,
                 "inputs": [
-                    -4,
-                    0,
-                    2,
+                    -5,
+                    3,
                     6
                 ],
                 "outputs": [
-                    -6,
-                    -4,
-                    -2
+                    -4
                 ]
-            }
+            },
+            "headId": "03020508010601000602060003010308",
+            "tag": "DecommitInvalid"
         },
         {
-            "peer": "ztpzm",
-            "tag": "PeerConnected"
+            "headId": "08010105060502020600050303020402",
+            "parties": [],
+            "tag": "HeadIsInitializing"
         },
         {
-            "peer": "vno",
-            "tag": "PeerDisconnected"
+            "decommitInvalidReason": {
+                "otherDecommitTxId": -4,
+                "tag": "DecommitAlreadyInFlight"
+            },
+            "decommitTx": {
+                "id": -3,
+                "inputs": [
+                    2,
+                    3
+                ],
+                "outputs": [
+                    -3
+                ]
+            },
+            "headId": "02060202050600010602070708000201",
+            "tag": "DecommitInvalid"
         },
         {
-            "clientInput": {
-                "tag": "Init"
-            },
-            "state": {
-                "contents": {
-                    "chainState": {
-                        "slot": 4
-                    }
-                },
-                "tag": "Idle"
+            "headId": "00050706040004020705050106000006",
+            "party": {
+                "vkey": "7543a75f63d43a2e79428e3f9996720efa4627ef4a4e1bba5d39cb86dc33d11a"
             },
-            "tag": "CommandFailed"
+            "tag": "Committed",
+            "utxo": [
+                -5,
+                -4,
+                -3,
+                3
+            ]
         },
         {
-            "headId": "06070700000303000300070005060306",
-            "tag": "ReadyToFanout"
+            "headId": "04080706030705010102080104020408",
+            "tag": "TxValid",
+            "transaction": {
+                "id": -3,
+                "inputs": [],
+                "outputs": [
+                    -4
+                ]
+            }
         },
         {
-            "contestationDeadline": "1864-05-12T19:37:10.113675066691Z",
-            "headId": "03030207080506020207050600010208",
+            "contestationDeadline": "1864-05-14T13:17:10.589008665294Z",
+            "headId": "00020001000504020806010306080307",
             "snapshotNumber": 2,
             "tag": "HeadIsClosed"
         },
         {
-            "ourVersion": 1,
-            "remoteHost": {
-                "hostname": "0.0.0.1",
-                "port": 3
-            },
-            "tag": "PeerHandshakeFailure",
-            "theirVersions": [
+            "headId": "03040501010008040707020200060205",
+            "tag": "GetUTxOResponse",
+            "utxo": [
+                -5,
+                -2,
+                0,
+                2,
                 3,
-                4,
-                5,
-                3
+                5
             ]
         },
         {
-            "headId": "03030103000507060704030506050002",
-            "signatures": {
-                "multiSignature": [
-                    "6611472d6d9cd2b899c8b29eb5db96195f51c4c1122b5af11c7c2393f73390d1d8fc4dc47ef67eb4faafb00ce4b00738587861b61bb35dd756c86a2c87a4170b",
-                    "c4cbbf8e3e4779110b2c4c6a94c431c67adb1c4bfa099ac89cfcfe4f01cdb1f34bf72c808b3125bc628e50b3c6c7ccbee43bcb2d3f5a89f9b4a29db0a773f108",
-                    "959c74db91575acfa4e115ea695c188a9c2abc1a3e331ce5d9d676fa912f8bea1431c52931bac368270206899b8e06d7116ab0eaf291fa3687e5b50451d43a01",
-                    "36b9ef5d0cfff66765101f4d6ee41d516136096adb8e0d9d726f2ea061c9c258c77219076d7fa519399f71d0342f7c4c4741980e6721d8fc8cf8cb27c6d7e708",
-                    "f06ea9d587cd6ade8949b27255b574cf991da552dda409d2c4b974e54818d9e5cccee294455b7a8a272304b7a994d8e26d774c32bbe3975a3d9a44357660590b"
-                ]
+            "postChainTx": {
+                "contestationDeadline": "1864-05-07T08:15:14.484586773058Z",
+                "headSeed": "00070401010004080702080505000106",
+                "tag": "FanoutTx",
+                "utxo": [],
+                "utxoToDecommit": []
             },
-            "snapshot": {
-                "confirmedTransactions": [
-                    6,
-                    1,
-                    -3
-                ],
-                "headId": "01030301050208040003000308000708",
-                "snapshotNumber": 1,
-                "utxo": []
+            "postTxError": {
+                "failureReason": "􇂗++ 􍀹",
+                "tag": "FailedToPostTx"
             },
-            "tag": "SnapshotConfirmed"
+            "tag": "PostTxOnChainFailed"
         },
         {
-            "peer": "zog",
-            "tag": "PeerConnected"
+            "peer": "tmyq",
+            "tag": "PeerDisconnected"
         },
         {
-            "headId": "00080205070304070208040204050304",
-            "tag": "ReadyToFanout"
+            "decommitTxId": 1,
+            "headId": "04040508030802080307050405030703",
+            "tag": "DecommitFinalized"
         },
         {
-            "input": "",
-            "reason": "𭰏%\u0012$𬹦\u0011",
-            "tag": "InvalidInput"
+            "decommitInvalidReason": {
+                "otherDecommitTxId": -6,
+                "tag": "DecommitAlreadyInFlight"
+            },
+            "decommitTx": {
+                "id": 6,
+                "inputs": [],
+                "outputs": []
+            },
+            "headId": "03080205010707040404080002070408",
+            "tag": "DecommitInvalid"
         },
         {
-            "headId": "06060303080705080101080706030503",
-            "tag": "ReadyToFanout"
+            "headId": "01050700040407020306010007060100",
+            "tag": "GetUTxOResponse",
+            "utxo": [
+                -6,
+                -1,
+                1,
+                2
+            ]
         },
         {
-            "ourVersion": 4,
-            "remoteHost": {
-                "hostname": "0.0.0.5",
-                "port": 6
-            },
-            "tag": "PeerHandshakeFailure",
-            "theirVersions": [
-                5
-            ]
+            "peer": "ihuon",
+            "tag": "PeerDisconnected"
         },
         {
-            "input": "󶐩",
-            "reason": "𝒃큚𪔅",
-            "tag": "InvalidInput"
+            "contestationPeriod": 36270,
+            "headId": "00000607020605060808060102080402",
+            "participants": [
+                "06060808080807080300020603010200040704010004000601050300",
+                "02040600000001040502040203010501030008060203070203080706",
+                "07080404060103050300000200050101000103010802000605070001",
+                "08040200010303050404080007080301020008050007030508020608",
+                "08060408050401050505000105010802040708030000080706050404",
+                "01000706070704000501030702080705080000000106010504020808"
+            ],
+            "parties": [
+                {
+                    "vkey": "d3b39609d3f0ab597b9ef150c4d6439a06fa19b0c6cee640145f8ee88287f23f"
+                },
+                {
+                    "vkey": "6a46086408d5371bf57450f0b1552c9cc0b42d12d0e64cd61cc96ef902bc4b1b"
+                },
+                {
+                    "vkey": "002094674a545314f77f51c0817aef03fcee841f47bdb8a56b99791c515f3af3"
+                },
+                {
+                    "vkey": "7d28a93f210a334ebe493cdefbf7fe8d24a0bf81a580e4ae315affa8e5a7e782"
+                },
+                {
+                    "vkey": "96a0bcec7bad5d94c05dbdaf3eb39d6cd50fc8001c5e99a38fdb67be37882866"
+                },
+                {
+                    "vkey": "809ef6cba51ffe6ef6ab6e1b9a5947f1e6637d24fd968b6bca529022f37654b7"
+                }
+            ],
+            "tag": "IgnoredHeadInitializing"
         },
         {
-            "peer": "n",
-            "tag": "PeerDisconnected"
+            "headId": "02030004050807040600040208030101",
+            "party": {
+                "vkey": "aee7df336b81110c07628d27a649cb4a15a93281229aaa096b78b9029690aa88"
+            },
+            "tag": "Committed",
+            "utxo": []
+        },
+        {
+            "headStatus": "Open",
+            "hydraNodeVersion": "q",
+            "me": {
+                "vkey": "2954b7f0f9e6626884eca7e25d9937b3477c26c3b12ea1676596f658d53b6499"
+            },
+            "snapshotUtxo": [
+                -6,
+                -5,
+                1,
+                6
+            ],
+            "tag": "Greetings"
         },
         {
-            "headId": "08080803020807050801050600060702",
+            "headId": "08030400070801040604070808010708",
             "tag": "TxValid",
             "transaction": {
-                "id": 2,
+                "id": 0,
                 "inputs": [
                     -3,
+                    -1,
+                    0
+                ],
+                "outputs": [
+                    -1,
+                    4
+                ]
+            }
+        },
+        {
+            "input": "󰝱2󹰀𞺐e:",
+            "reason": "",
+            "tag": "InvalidInput"
+        },
+        {
+            "decommitInvalidReason": {
+                "otherDecommitTxId": 3,
+                "tag": "DecommitAlreadyInFlight"
+            },
+            "decommitTx": {
+                "id": 0,
+                "inputs": [
+                    -5,
+                    -2,
+                    0,
                     5,
                     6
                 ],
                 "outputs": [
+                    -6,
                     -4,
-                    -2,
-                    0,
+                    -1,
+                    1,
+                    3,
+                    5
+                ]
+            },
+            "headId": "03040606020401000108030400070602",
+            "tag": "DecommitInvalid"
+        },
+        {
+            "peer": "sy",
+            "tag": "PeerDisconnected"
+        },
+        {
+            "input": "",
+            "reason": "鶰1\u0015\u0002",
+            "tag": "InvalidInput"
+        },
+        {
+            "headStatus": "Closed",
+            "hydraNodeVersion": "𥖏{Oo",
+            "me": {
+                "vkey": "774c3a725441b5bb006ef7c700605f2d3b1b006469587545f82046c45e525114"
+            },
+            "tag": "Greetings"
+        },
+        {
+            "contestationDeadline": "1864-05-11T03:39:48.733426018621Z",
+            "headId": "02010603000600000805060301050600",
+            "snapshotNumber": 0,
+            "tag": "HeadIsClosed"
+        },
+        {
+            "decommitTx": {
+                "id": 2,
+                "inputs": [
+                    1
+                ],
+                "outputs": [
+                    -4,
+                    1,
                     4
                 ]
-            }
+            },
+            "headId": "01050008060207010707030607030607",
+            "tag": "DecommitRequested",
+            "utxoToDecommit": [
+                -4,
+                -2,
+                -1,
+                1
+            ]
         }
     ],
-    "seed": 1922719805
-}
+    "seed": 1888461110
+}
\ No newline at end of file
diff --git a/hydra-node/golden/ReasonablySized (TimedServerOutput (Tx BabbageEra)).json b/hydra-node/golden/ReasonablySized (TimedServerOutput (Tx BabbageEra)).json
index fc0d1b02bc3..854df7d7363 100644
--- a/hydra-node/golden/ReasonablySized (TimedServerOutput (Tx BabbageEra)).json	
+++ b/hydra-node/golden/ReasonablySized (TimedServerOutput (Tx BabbageEra)).json	
@@ -1,818 +1,592 @@
 {
     "samples": [
         {
-            "headId": "03060807040000020603040807020208",
-            "seq": 5,
-            "tag": "HeadIsAborted",
-            "timestamp": "1864-05-04T16:56:55.694134446544Z",
+            "headStatus": "Idle",
+            "hydraNodeVersion": "",
+            "me": {
+                "vkey": "2fc2278ac85fbfafa9b9c595f7bebb9a2bb1dafca0eda88ff7a2f1904350c5bf"
+            },
+            "seq": 3,
+            "snapshotUtxo": {},
+            "tag": "Greetings",
+            "timestamp": "1864-05-14T21:43:53.164186460533Z"
+        },
+        {
+            "input": "󼽽\u0004\u0007",
+            "reason": "\"4\u0005-~",
+            "seq": 6,
+            "tag": "InvalidInput",
+            "timestamp": "1864-05-03T08:54:53.099436659002Z"
+        },
+        {
+            "headId": "08030004010208040001040704050601",
+            "seq": 2,
+            "tag": "HeadIsFinalized",
+            "timestamp": "1864-05-11T19:45:18.603602268776Z",
             "utxo": {
-                "0808010106040800000306010704000805010004040800010008080406030104#50": {
-                    "address": "2RhQhCGqYPDqLFsjKQxntTkCW8mjLycHmG6SEWdck2KakyRM14K9cMPBsTG5xEDzpeymXAD7zn3s3KRyXHpoGz92HU9Scc8mi1Ja72mWFo9apj",
+                "0007040308070607000102060800020502000505040304000304050600060604#74": {
+                    "address": "addr_test1qz6lj9wl0xzh4csluu5zedsuy77s83c29z7nk4qczs5l96szazptq9ephzqslcqhfvmg9cp593rzvcqp5g4ghgxkf3nqnvlzgn",
                     "datum": null,
-                    "datumhash": "5ef79e338ef08e2d9b39f9e0409a461e79583eae15790bebd62a5bb7f5ecfc13",
-                    "inlineDatum": null,
+                    "inlineDatum": {
+                        "int": 0
+                    },
+                    "inlineDatumhash": "03170a2e7597b7b7e3d84c05391d139a62b157e78786d8c082f29dcf4c111314",
                     "referenceScript": {
                         "script": {
-                            "cborHex": "82040d",
+                            "cborHex": "4746010000220011",
+                            "description": "",
+                            "type": "PlutusScriptV1"
+                        },
+                        "scriptLanguage": "PlutusScriptLanguage PlutusScriptV1"
+                    },
+                    "value": {
+                        "d374f8702a4080da3d5d59e98ee8836b74fed96a17167183380732bc": {
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+                        }
+                    }
+                },
+                "0305000201020702060105060201080404060208040101050605000405060105#23": {
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+                    "datum": null,
+                    "inlineDatum": {
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+                    "inlineDatumhash": "45b0cfc220ceec5b7c1c62c4d4193d38e4eba48e8815729ce75f9c0ab0e4c1c0",
+                    "referenceScript": {
+                        "script": {
+                            "cborHex": "820508",
                             "description": "",
                             "type": "SimpleScript"
                         },
                         "scriptLanguage": "SimpleScriptLanguage"
                     },
                     "value": {
-                        "e459520c5cee3ac02b7e14e636e24ce2ecfc8da726350e5cf62dafae": {
-                            "6b50c181b63b62e4087cd87b609d5b": 3587229250095755619
+                        "b9ef6d064fb87a5d47de5533967d846c2f6471f75b25a8ebb830ba70": {
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                         }
                     }
-                }
-            }
-        },
-        {
-            "contestationDeadline": "1864-05-03T16:34:04.430486132296Z",
-            "headId": "05050607010503040403050503010208",
-            "seq": 5,
-            "snapshotNumber": 4,
-            "tag": "HeadIsClosed",
-            "timestamp": "1864-05-14T05:41:02.675333178292Z"
-        },
-        {
-            "headId": "01000104020106080205000001020500",
-            "seq": 5,
-            "tag": "ReadyToFanout",
-            "timestamp": "1864-05-09T20:36:34.375117517731Z"
-        },
-        {
-            "headId": "06080200040405020308000104000305",
-            "seq": 0,
-            "tag": "GetUTxOResponse",
-            "timestamp": "1864-05-14T05:16:39.422148360823Z",
-            "utxo": {
-                "0101030705080800000105040703010103080703020505050002050401020307#23": {
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+                },
+                "0605060103050602040607020202010703060604030604020504050205080403#81": {
+                    "address": "2RhQhCGqYPDoukYgCCEJbVpYstE3QtfuAVZNpX5P9nqmWEPNRvyQZnR2ebdoJF95KWc68TUVDNg4Uz9E6h1FRRNZAxg5FmjgwfpCV4vr7NTiA5",
                     "datum": null,
                     "datumhash": null,
                     "inlineDatum": null,
-                    "referenceScript": null,
-                    "value": {
-                        "2db8410d969b6ad6b6969703c77ebf6c44061aa51c5d6ceba46557e2": {
-                            "b08574058bb71d1275b7864f360fd774d7d1f376c48c538a362d08524c": 1
+                    "referenceScript": {
+                        "script": {
+                            "cborHex": "8200581c7f1ea1cd900160ee4f60ad791c98d0679017cb935976a26f94563096",
+                            "description": "",
+                            "type": "SimpleScript"
                         },
-                        "lovelace": 9036197495717939879
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-                }
-            }
-        },
-        {
-            "headStatus": "FanoutPossible",
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-            "seq": 3,
-            "snapshotUtxo": {
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-                    "inlineDatum": {
-                        "int": -2
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-                    "inlineDatumhash": "0268be9dbd0446eaa217e1dec8f399249305e551d7fc1437dd84521f74aa621c",
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                     "value": {
-                        "2db8410d969b6ad6b6969703c77ebf6c44061aa51c5d6ceba46557e2": {
-                            "5317e6": 1
+                        "1f3872811ce45ff0827a0dba950165500c42f1aba0724ad4aa53d899": {
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                         }
                     }
                 },
-                "0808020507000608070500000802050601040101060604050004010604010105#3": {
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+                "0608060503050802040601030305000003030507010607010507070800050505#52": {
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                     "datum": null,
-                    "datumhash": null,
+                    "datumhash": "7b55e01c4be330b99c790c1fd476d135f6d02eff0e05493cbb1980b5681653f9",
                     "inlineDatum": null,
                     "referenceScript": {
                         "script": {
-                            "cborHex": "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",
+                            "cborHex": "820502",
                             "description": "",
                             "type": "SimpleScript"
                         },
                         "scriptLanguage": "SimpleScriptLanguage"
                     },
                     "value": {
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-                            "426ab92036e7d532741180c9fc1aae03": 4471946241072699020
+                        "8d57aaebd59be1414ae7960547d211e09596013f82a2146aaf84eb13": {
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                         },
-                        "lovelace": 4908291201741456516
+                        "lovelace": 4151385319432281399
                     }
-                }
-            },
-            "tag": "Greetings",
-            "timestamp": "1864-05-04T23:49:08.439863698367Z"
-        },
-        {
-            "headId": "04030400040505010202070802070001",
-            "seq": 3,
-            "tag": "HeadIsAborted",
-            "timestamp": "1864-05-12T12:04:09.686686870503Z",
-            "utxo": {
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-                    "address": "2RhQhCGqYPDncjFFxBaN4cD8Wo422oH9GiHFNFHFrSrSpzwZyZgchMonH5jYBrXTn4KJr3J7qqJBmyFC9Yn5tJooZLVgtyhzC2dofBHsDxhAjw",
+                },
+                "0703080006070704050506060104080200070608070004020401060200030801#25": {
+                    "address": "2RhQhCGqYPDmmJS1EbkZwatTZpfNvqDDKWQy8QN1yKpobhtERCTjpZDMH9zGvKo3rHjYM4jWX8giAyc23pDMUUMjG9PoFXQeWNNky3JGtbdoeo",
                     "datum": null,
                     "datumhash": null,
                     "inlineDatum": null,
                     "referenceScript": {
                         "script": {
-                            "cborHex": "46450100002261",
+                            "cborHex": "82050b",
                             "description": "",
-                            "type": "PlutusScriptV1"
+                            "type": "SimpleScript"
                         },
-                        "scriptLanguage": "PlutusScriptLanguage PlutusScriptV1"
+                        "scriptLanguage": "SimpleScriptLanguage"
                     },
                     "value": {
-                        "3323d509a901ec745bc327b8c00b117d4fb4aff8c07af3e22340657c": {
-                            "35": 7865719520022436133
-                        }
+                        "ba0b01b34a856b7301418bd4a0fdb31c3213465d6e400e585dd25ad8": {
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+                        },
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                 },
-                "0306010803050601040306000001030701000408020708060402070301060002#29": {
-                    "address": "addr1y8j7jvfdvk4h9er2s6tet5pct50zuys4c5lfrk6ftkpf8zcadyw8g9ndc5xy3cqt6q8rplgkac966wfexxuj4qdjt9cqkhy9sj",
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-                    "inlineDatum": null,
+                    "inlineDatum": {
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+                        "fields": []
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+                    "inlineDatumhash": "67d8ed01e13f33438ea9059ac9be2e159f943cffe054283485e0300271e3e9f9",
                     "referenceScript": {
                         "script": {
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+                            "cborHex": "820503",
                             "description": "",
                             "type": "SimpleScript"
                         },
                         "scriptLanguage": "SimpleScriptLanguage"
                     },
                     "value": {
-                        "08a49d09e9819210c1ad4391973cd2a405c31db1466b0736d81e0ed4": {
-                            "35": 1
-                        }
+                        "62e127aebe9651a0a2e0e91b0aa61bf16e760253a92d1f9b045aad00": {
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+                        },
+                        "lovelace": 3055730914025877968
                     }
-                },
-                "0605050303080104040708050203070104040603030401030708080704060602#85": {
-                    "address": "addr_test1qr0rv6nr802rc9z882n0q9xylu3ezfcwr9fp598d943eam6g9vljgun4w7vqzd9x8lywsxj69ckjdg9yg6d7q0hvyrcs04yfr7",
+                }
+            }
+        },
+        {
+            "headId": "06030407040200070208070100080201",
+            "seq": 3,
+            "signatures": {
+                "multiSignature": []
+            },
+            "snapshot": {
+                "confirmedTransactions": [
+                    "0208030103070006080201070307000407030802040100060800070307070504",
+                    "0702000207040007050103080801030401020008080500070104040407050407"
+                ],
+                "headId": "02080504000301000106060205000208",
+                "snapshotNumber": 4,
+                "utxo": {},
+                "utxoToDecommit": null,
+                "version": 1
+            },
+            "tag": "SnapshotConfirmed",
+            "timestamp": "1864-05-03T15:56:25.39094992241Z"
+        },
+        {
+            "decommitInvalidReason": {
+                "otherDecommitTxId": "0206040604050607030506040101030007070804050506020302010108040805",
+                "tag": "DecommitAlreadyInFlight"
+            },
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-                                "description": "",
-                                "txId": "4b6c46b82f22155c2c304159ecfd3e8ca6aaf6a863af71f0c23e6c7093a16112",
-                                "type": "Witnessed Tx BabbageEra"
+                },
+                "tag": "InvalidStateToPost",
+                "txTried": {
+                    "contestationDeadline": "1864-05-09T08:43:00.839488551344Z",
+                    "headSeed": "08040701070602020804010307060404",
+                    "tag": "FanoutTx",
+                    "utxo": {
+                        "0100080205070508040507050604060006080406020300030004020503000301#29": {
+                            "address": "addr1v8l54q2rtlwykchsptzm4hnsy29am2s0rhqhyd98ds2vn9glre255",
+                            "datum": null,
+                            "datumhash": null,
+                            "inlineDatum": null,
+                            "referenceScript": {
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+                                    "type": "SimpleScript"
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+                                "scriptLanguage": "SimpleScriptLanguage"
                             },
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@@ -820,222 +594,89 @@
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                                                     },
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-                            "tag": "ConfirmedSnapshot"
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         {
             "clientInput": {
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         },
         {
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-            },
-            "seq": 2,
-            "state": {
-                "contents": {
-                    "chainState": {
-                        "recordedAt": {
-                            "tag": "ChainPointAtGenesis"
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+            "utxoToDecommit": {
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-                        "spendableUTxO": {}
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-                                "type": "Witnessed Tx BabbageEra"
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                             },
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@@ -8775,218 +7590,412 @@
                             "scriptLanguage": "PlutusScriptLanguage PlutusScriptV1"
                         },
                         "value": {
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                         "datum": null,
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                         "inlineDatum": null,
                         "referenceScript": {
                             "script": {
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+            "tag": "DecommitInvalid",
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                                 "description": "",
-                                "type": "SimpleScript"
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@@ -8994,912 +8003,1511 @@
                                                 "map": [
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-            "snapshotNumber": 0,
-            "tag": "HeadIsClosed",
-            "timestamp": "1864-05-14T07:11:18.484010894837Z"
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+                "description": "",
+                "txId": "c482a0daf81f86a2ee8d0be0326289ddab07076dbb768985b2da9e4b278df029",
+                "type": "Witnessed Tx BabbageEra"
+            },
+            "headId": "01050700040005030804060403060505",
+            "seq": 5,
+            "tag": "DecommitInvalid",
+            "timestamp": "1864-05-05T13:23:24.686431524831Z"
+        },
+        {
+            "clientInput": {
+                "tag": "Fanout"
+            },
+            "seq": 2,
+            "state": {
+                "contents": {
+                    "chainState": {
+                        "recordedAt": {
+                            "tag": "ChainPointAtGenesis"
+                        },
+                        "spendableUTxO": {}
+                    },
+                    "committed": {},
+                    "headId": "08010100010507000306020108040402",
+                    "headSeed": "08070804060805040007020408040005",
+                    "parameters": {
+                        "contestationPeriod": 43200,
+                        "parties": [
+                            {
+                                "vkey": "379d4df3d054b6f6e1b2eff57eb2a86ee5f52dff03ee67a529c70b2ac6be8a54"
+                            },
+                            {
+                                "vkey": "ff0616006873635ac9533adc965fa2fe7625afd4b3525591b8f944eabe6db4cd"
+                            },
+                            {
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+                            },
+                            {
+                                "vkey": "c977171f52a8981932552a2cc4a8954708f3bf42358423264526e047480c817b"
+                            },
+                            {
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+                            }
+                        ]
+                    },
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+                        {
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+                        }
+                    ]
                 },
-                "0500080203010207030707050602020704030706050503000507040805030400#61": {
-                    "address": "addr1w9aeamauumcsl0wkc3fmfjmhqpejvkx9hse7kjtp7mukd0g3a2xvc",
+                "tag": "Initial"
+            },
+            "tag": "CommandFailed",
+            "timestamp": "1864-05-06T23:18:05.988837447512Z"
+        },
+        {
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-                                "description": "",
-                                "txId": "0ccfac0b184db6460f0e3f0ab57ccd10d18eed86a6fafb7c422dc233eacc94bc",
-                                "type": "Witnessed Tx BabbageEra"
-                            },
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+                            "description": "",
+                            "type": "SimpleScript"
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+                    },
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+                            "cborHex": "82040b",
+                            "description": "",
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+                        }
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+        {
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             "tag": "TxInvalid",
-            "timestamp": "1864-05-03T20:53:29.602297377074Z",
+            "timestamp": "1864-05-07T21:00:24.375591732561Z",
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-                "txId": "f4fed3f8b34a128e84706740b17c136625aad5c1b8037b323acb71b00361683a",
-                "type": "Witnessed Tx BabbageEra"
-            }
+            "ourVersion": 3,
+            "remoteHost": {
+                "hostname": "0.0.0.6",
+                "port": 7
+            },
+            "seq": 5,
+            "tag": "PeerHandshakeFailure",
+            "theirVersions": [
+                0
+            ],
+            "timestamp": "1864-05-08T22:57:49.617902781217Z"
         },
         {
-            "headId": "03020500050705030106030507020606",
-            "seq": 6,
+            "input": "",
+            "reason": "I",
+            "seq": 3,
+            "tag": "InvalidInput",
+            "timestamp": "1864-05-03T21:26:48.147465481059Z"
+        },
+        {
+            "headId": "07060605030802020400050804060200",
+            "seq": 1,
             "tag": "HeadIsAborted",
-            "timestamp": "1864-05-03T21:55:08.894955137555Z",
+            "timestamp": "1864-05-06T07:39:37.375598989554Z",
             "utxo": {
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-                    "address": "EqGAuA8vHnNrJoEvBQcvWQucjmLQpbNHDF2UMKRZ7wFFRLZV31EyPSAWWXKyALbWQHhZ6yBDKUSvZqmEKTy5ds8vRffnBVqhojM6S1KS3yb4RmxAHuCBNAZ",
+                "0006010208060103020806040408000600000503070807080504050502070702#94": {
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                     "datum": null,
                     "datumhash": null,
                     "inlineDatum": null,
-                    "referenceScript": {
-                        "script": {
-                            "cborHex": "8201818200581cab2738ada3fe2fe72a934b85408500ead0461c30e772cf389022fc54",
-                            "description": "",
-                            "type": "SimpleScript"
-                        },
-                        "scriptLanguage": "SimpleScriptLanguage"
-                    },
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                     "value": {
-                        "258a69b4ccb64e396355dffe80115b3b1dab68c737109f129bac98ad": {
-                            "33": 8814326376320310665
-                        }
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-                },
-                "0607060603050008030207070201000703000605000205050603040108070204#80": {
-                    "address": "EqGAuA8vHnP8RH1piMWJuPo6qXTBiFs4YD2JXayxJniRijpKuBWStMy1qvGtEumjdqrdc1CmMA59fanRS9fEuXCp2wTHQWC96cxVV3cCRVUyvFqHM4vxKQC",
+                }
+            }
+        },
+        {
+            "headId": "01040103030401080706030207040405",
+            "seq": 6,
+            "tag": "TxInvalid",
+            "timestamp": "1864-05-06T23:05:00.358340313629Z",
+            "transaction": {
+                "cborHex": "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",
+                "description": "",
+                "txId": "34c2757dc9c3617216c27cbcb71d6ed5c5c70943194f3aea354d967a9925569c",
+                "type": "Witnessed Tx BabbageEra"
+            },
+            "utxo": {
+                "0801080408050206060706040601050000070001070403020301080507000100#96": {
+                    "address": "addr_test1xpattg7lcd2k9md0v2f72nte4jvhu3deqqsqt5sj6nk4wt8gpphztm4hkgpp99tawn9a4r6lp2rrurxw9jgj06jeuvzqmzrvqt",
                     "datum": null,
-                    "inlineDatum": {
-                        "int": 4
-                    },
-                    "inlineDatumhash": "642206314f534b29ad297d82440a5f9f210e30ca5ced805a587ca402de927342",
+                    "datumhash": null,
+                    "inlineDatum": null,
                     "referenceScript": {
                         "script": {
-                            "cborHex": "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",
+                            "cborHex": "46450100002261",
                             "description": "",
-                            "type": "SimpleScript"
+                            "type": "PlutusScriptV1"
                         },
-                        "scriptLanguage": "SimpleScriptLanguage"
+                        "scriptLanguage": "PlutusScriptLanguage PlutusScriptV1"
                     },
                     "value": {
                         "2db8410d969b6ad6b6969703c77ebf6c44061aa51c5d6ceba46557e2": {
-                            "36": 1
+                            "0d8411ac819b7f1f24dd3387febb34d490": 6885003922368726741
                         }
                     }
                 }
+            },
+            "validationError": {
+                "reason": "`r"
             }
         },
         {
-            "headId": "01060806080403020207060301010705",
+            "headId": "07000202060702050204080102010102",
+            "parties": [
+                {
+                    "vkey": "c55b5a33372624cc7db961323b98ab6ad649f1536b0856bc576583d6997d4620"
+                },
+                {
+                    "vkey": "21e671ff5e54db8d5c9d6c5233ebef0b62f99279da363d543a44434d7757ecb4"
+                },
+                {
+                    "vkey": "1c07fa4ad481be87be6206edee7d989475c7d41335f655ae9d708f8cae9e77e3"
+                },
+                {
+                    "vkey": "99cd75c6e68b0ab08791e0c1c5f5ce52c3eb5a675a4f60539548d310c3a37bbd"
+                }
+            ],
             "seq": 3,
-            "tag": "ReadyToFanout",
-            "timestamp": "1864-05-08T15:02:15.99686225297Z"
+            "tag": "HeadIsInitializing",
+            "timestamp": "1864-05-11T00:31:35.520183728433Z"
         }
     ],
-    "seed": -1213190438
+    "seed": 743024212
 }
\ No newline at end of file
diff --git a/hydra-node/hydra-node.cabal b/hydra-node/hydra-node.cabal
index 228d4b7b1dc..79a686aee1f 100644
--- a/hydra-node/hydra-node.cabal
+++ b/hydra-node/hydra-node.cabal
@@ -75,7 +75,6 @@ library
     Hydra.HeadLogic.Error
     Hydra.HeadLogic.Input
     Hydra.HeadLogic.Outcome
-    Hydra.HeadLogic.SnapshotOutcome
     Hydra.HeadLogic.State
     Hydra.Ledger
     Hydra.Ledger.Cardano
@@ -278,10 +277,14 @@ test-suite tests
     Hydra.API.ServerSpec
     Hydra.BehaviorSpec
     Hydra.Chain.Direct.Contract.Abort
-    Hydra.Chain.Direct.Contract.Close
+    Hydra.Chain.Direct.Contract.Close.CloseCurrent
+    Hydra.Chain.Direct.Contract.Close.CloseInitial
+    Hydra.Chain.Direct.Contract.Close.CloseOutdated
+    Hydra.Chain.Direct.Contract.Close.Healthy
     Hydra.Chain.Direct.Contract.CollectCom
     Hydra.Chain.Direct.Contract.Commit
-    Hydra.Chain.Direct.Contract.Contest
+    Hydra.Chain.Direct.Contract.Contest.ContestCurrent
+    Hydra.Chain.Direct.Contract.Decrement
     Hydra.Chain.Direct.Contract.FanOut
     Hydra.Chain.Direct.Contract.Gen
     Hydra.Chain.Direct.Contract.Init
@@ -366,7 +369,6 @@ test-suite tests
     , lens-aeson
     , plutus-ledger-api:{plutus-ledger-api, plutus-ledger-api-testlib}  >=1.1.1.0
     , plutus-tx
-    , pretty-simple
     , QuickCheck
     , quickcheck-dynamic                                                >=3.4     && <3.5
     , quickcheck-instances
diff --git a/hydra-node/json-schemas/api.yaml b/hydra-node/json-schemas/api.yaml
index 0096086735c..73fc07d2c4a 100644
--- a/hydra-node/json-schemas/api.yaml
+++ b/hydra-node/json-schemas/api.yaml
@@ -91,6 +91,10 @@ channels:
           - $ref: "api.yaml#/components/messages/PostTxOnChainFailed"
           - $ref: "api.yaml#/components/messages/CommandFailed"
           - $ref: "api.yaml#/components/messages/IgnoredHeadInitializing"
+          - $ref: "api.yaml#/components/messages/DecommitInvalid"
+          - $ref: "api.yaml#/components/messages/DecommitRequested"
+          - $ref: "api.yaml#/components/messages/DecommitApproved"
+          - $ref: "api.yaml#/components/messages/DecommitFinalized"
 
     publish:
       summary: Commands sent to the Hydra node.
@@ -101,6 +105,7 @@ channels:
           - $ref: "api.yaml#/components/messages/Abort"
           - $ref: "api.yaml#/components/messages/NewTx"
           - $ref: "api.yaml#/components/messages/GetUTxO"
+          - $ref: "api.yaml#/components/messages/Decommit"
           - $ref: "api.yaml#/components/messages/Close"
           - $ref: "api.yaml#/components/messages/Contest"
           - $ref: "api.yaml#/components/messages/Fanout"
@@ -132,6 +137,7 @@ channels:
           type: response
           method: POST
           bindingVersion: '0.1.0'
+
   /snapshot/utxo:
     servers:
       - localhost-http
@@ -151,6 +157,39 @@ channels:
           type: response
           method: GET
           bindingVersion: '0.1.0'
+
+  /decommit:
+    servers:
+      - localhost-http
+    publish:
+      description: |
+        Provide decommit transaction that needs to be applicable to the Hydra's local ledger state. Specified transaction outputs will be
+        available on layer 1 after decommit is successfully processed.
+      operationId: decommitRequest
+      message:
+        payload:
+          type: object
+          $ref: "api.yaml#/components/schemas/Transaction"
+      bindings:
+        http:
+          type: request
+          method: POST
+          bindingVersion: '0.1.0'
+    subscribe:
+      operationId: decommitResponse
+      description: |
+        Possible responses of this endpoint are:
+          * String - 200 OK
+          * String - 400 bad request
+      message:
+        payload:
+            type: string
+      bindings:
+        http:
+          type: response
+          method: POST
+          bindingVersion: '0.1.0'
+
   /protocol-parameters:
     servers:
       - localhost-http
@@ -253,6 +292,24 @@ components:
           transaction:
             $ref: "api.yaml#/components/schemas/Transaction"
 
+    Decommit:
+      title: Decommit
+      description: |
+        Request to decommit a UTxO from a Head by providing a decommit tx. Upon reaching consensus, this
+        will eventually result in corresponding transaction outputs becoming
+        available on the layer 1.
+      payload:
+        type: object
+        required:
+          - tag
+          - decommitTx
+        properties:
+          tag:
+            type: string
+            enum: ["Decommit"]
+          decommitTx:
+            type: object
+            $ref: "api.yaml#/components/schemas/Transaction"
     Close:
       title: Close
       description: |
@@ -467,6 +524,36 @@ components:
       payload:
         $ref: "api.yaml#/components/schemas/IgnoredHeadInitializing"
 
+    DecommitInvalid:
+      title: DecommitInvalid
+      description: |
+        Decommit tx could not be applied to local ledger state or there is another
+        requested decommit which is not yet finalized.
+      payload:
+        $ref: "api.yaml#/components/schemas/DecommitInvalid"
+
+    DecommitRequested:
+      title: DecommitRequested
+      description: |
+        Notify client that the request for decommit was received.
+      payload:
+        $ref: "api.yaml#/components/schemas/DecommitRequested"
+
+    DecommitApproved:
+      title: DecommitApproved
+      description: |
+        Decommit request is validated by other participants and decommit tx is ready to be posted on layer 1.
+      payload:
+        $ref: "api.yaml#/components/schemas/DecommitApproved"
+
+    DecommitFinalized:
+      title: DecommitFinalized
+      description: |
+        Decommit request is fully processed and hydra-node is ready to accept another decommit request.
+      payload:
+        $ref: "api.yaml#/components/schemas/DecommitFinalized"
+
+
     # END OF SERVER OUTPUT MESSAGES
 
     DraftCommitTxRequest:
@@ -518,6 +605,10 @@ components:
         - $ref: "api.yaml#/components/schemas/PostTxOnChainFailed"
         - $ref: "api.yaml#/components/schemas/CommandFailed"
         - $ref: "api.yaml#/components/schemas/IgnoredHeadInitializing"
+        - $ref: "api.yaml#/components/schemas/DecommitInvalid"
+        - $ref: "api.yaml#/components/schemas/DecommitRequested"
+        - $ref: "api.yaml#/components/schemas/DecommitApproved"
+        - $ref: "api.yaml#/components/schemas/DecommitFinalized"
 
     Greetings:
       type: object
@@ -933,6 +1024,7 @@ components:
             - $ref: "api.yaml#/components/messages/Abort/payload"
             - $ref: "api.yaml#/components/messages/NewTx/payload"
             - $ref: "api.yaml#/components/messages/GetUTxO/payload"
+            - $ref: "api.yaml#/components/messages/Decommit/payload"
             - $ref: "api.yaml#/components/messages/Close/payload"
             - $ref: "api.yaml#/components/messages/Contest/payload"
             - $ref: "api.yaml#/components/messages/Fanout/payload"
@@ -975,6 +1067,138 @@ components:
         timestamp:
           $ref: "api.yaml#/components/schemas/UTCTime"
 
+    DecommitInvalid:
+      title: DecommitInvalid
+      description: |
+        Decommit tx could not be applied to local ledger state or there is another
+        requested decommit which is not yet finalized.
+      type: object
+      required:
+        - tag
+        - headId
+        - decommitTx
+        - decommitInvalidReason
+        - seq
+        - timestamp
+      properties:
+        tag:
+          type: string
+          enum: ["DecommitInvalid"]
+        headId:
+          $ref: "api.yaml#/components/schemas/HeadId"
+        decommitTx:
+          $ref: "api.yaml#/components/schemas/Transaction"
+        decommitInvalidReason:
+          oneOf:
+            - type: object
+              required:
+                - tag
+                - localUTxO
+                - validationError
+              properties:
+                tag:
+                  type: string
+                  enum: ["DecommitTxInvalid"]
+                localUTxO:
+                  $ref: "api.yaml#/components/schemas/UTxO"
+                validationError:
+                  type: object
+                  properties:
+                    reason:
+                      type: string
+
+            - type: object
+              required:
+                - tag
+                - otherDecommitTxId
+              properties:
+                tag:
+                  type: string
+                  enum: ["DecommitAlreadyInFlight"]
+                otherDecommitTxId:
+                  $ref: "api.yaml#/components/schemas/TxId"
+
+    DecommitRequested:
+      title: DecommitRequested
+      description: |
+        Notify client that the request for decommit was received.
+      additionalProperties: false
+      type: object
+      required:
+        - tag
+        - headId
+        - decommitTx
+        - utxoToDecommit
+        - seq
+        - timestamp
+      properties:
+        tag:
+          type: string
+          enum: ["DecommitRequested"]
+        headId:
+          $ref: "api.yaml#/components/schemas/HeadId"
+        decommitTx:
+          $ref: "api.yaml#/components/schemas/Transaction"
+        utxoToDecommit:
+          $ref: "api.yaml#/components/schemas/UTxO"
+        seq:
+          $ref: "api.yaml#/components/schemas/SequenceNumber"
+        timestamp:
+          $ref: "api.yaml#/components/schemas/UTCTime"
+
+    DecommitApproved:
+      title: DecommitApproved
+      description: |
+        Decommit request is validated by other participants and decommit tx is ready to be posted on layer 1.
+      additionalProperties: false
+      type: object
+      required:
+        - tag
+        - headId
+        - decommitTxId
+        - utxoToDecommit
+        - seq
+        - timestamp
+      properties:
+        tag:
+          type: string
+          enum: ["DecommitApproved"]
+        headId:
+          $ref: "api.yaml#/components/schemas/HeadId"
+        decommitTxId:
+          $ref: "api.yaml#/components/schemas/TxId"
+        utxoToDecommit:
+          $ref: "api.yaml#/components/schemas/UTxO"
+        seq:
+          $ref: "api.yaml#/components/schemas/SequenceNumber"
+        timestamp:
+          $ref: "api.yaml#/components/schemas/UTCTime"
+
+    DecommitFinalized:
+      title: DecommitFinalized
+      description: |
+        Decommit request is fully processed and hydra-node is ready to accept another decommit request.
+      additionalProperties: false
+      type: object
+      required:
+        - tag
+        - headId
+        - decommitTxId
+        - seq
+        - timestamp
+      properties:
+        tag:
+          type: string
+          enum: ["DecommitFinalized"]
+        headId:
+          $ref: "api.yaml#/components/schemas/HeadId"
+        decommitTxId:
+          $ref: "api.yaml#/components/schemas/TxId"
+        seq:
+          $ref: "api.yaml#/components/schemas/SequenceNumber"
+        timestamp:
+          $ref: "api.yaml#/components/schemas/UTCTime"
+
     # END OF SERVER OUTPUT SCHEMAS
 
     Address:
@@ -1324,6 +1548,26 @@ components:
               $ref: "api.yaml#/components/schemas/HeadId"
             headParameters:
               $ref: "api.yaml#/components/schemas/HeadParameters"
+        - title: DecrementTx
+          type: object
+          additionalProperties: false
+          required:
+            - tag
+            - headId
+            - headParameters
+            - decrementingSnapshot
+          description: |
+            Post a transaction to decommit some UTxO from the Head.
+          properties:
+            tag:
+              type: string
+              enum: ["DecrementTx"]
+            headId:
+              $ref: "api.yaml#/components/schemas/HeadId"
+            headParameters:
+              $ref: "api.yaml#/components/schemas/HeadParameters"
+            decrementingSnapshot:
+              $ref: "api.yaml#/components/schemas/ConfirmedSnapshot"
         - title: CloseTx
           type: object
           additionalProperties: false
@@ -1331,7 +1575,8 @@ components:
             - tag
             - headId
             - headParameters
-            - confirmedSnapshot
+            - openVersion
+            - closingSnapshot
           description: |
             Close the currently open Head with the given snapshot.
           properties:
@@ -1342,8 +1587,11 @@ components:
               $ref: "api.yaml#/components/schemas/HeadId"
             headParameters:
               $ref: "api.yaml#/components/schemas/HeadParameters"
-            confirmedSnapshot:
+            closingSnapshot:
               $ref: "api.yaml#/components/schemas/ConfirmedSnapshot"
+            openVersion:
+              $ref: "api.yaml#/components/schemas/SnapshotVersion"
+
         - title: ContestTx
           type: object
           additionalProperties: false
@@ -1351,7 +1599,8 @@ components:
             - tag
             - headId
             - headParameters
-            - confirmedSnapshot
+            - openVersion
+            - contestingSnapshot
           description: |
             Contest a previously posted snapshot (from a Close or Contest
             transaction) with a newer snapshot.
@@ -1363,8 +1612,11 @@ components:
               $ref: "api.yaml#/components/schemas/HeadId"
             headParameters:
               $ref: "api.yaml#/components/schemas/HeadParameters"
-            confirmedSnapshot:
+            openVersion:
+              $ref: "api.yaml#/components/schemas/SnapshotVersion"
+            contestingSnapshot:
               $ref: "api.yaml#/components/schemas/ConfirmedSnapshot"
+
         - title: FanoutTx
           type: object
           additionalProperties: false
@@ -1381,6 +1633,11 @@ components:
               enum: ["FanoutTx"]
             utxo:
               $ref: "api.yaml#/components/schemas/UTxO"
+
+            utxoToDecommit:
+             oneOf:
+              - $ref: "api.yaml#/components/schemas/UTxO"
+              - type: "null"
             headSeed:
               $ref: "api.yaml#/components/schemas/HeadSeed"
             contestationDeadline:
@@ -1657,6 +1914,17 @@ components:
             tag:
               type: string
               enum: ["FailedToConstructCollectTx"]
+        - title: FailedToConstructDecrementTx
+          description: |
+            Raised if the user fails to submit a decrement tx.
+          type: object
+          additionalProperties: false
+          required:
+          - tag
+          properties:
+            tag:
+              type: string
+              enum: ["FailedToConstructDecrementTx"]
         - title: FailedToConstructFanoutTx
           description: |
             Raised if the user fails to submit a fanout tx.
@@ -1682,6 +1950,7 @@ components:
       - snapshotNumber
       - utxo
       - confirmedTransactions
+      - version
       properties:
         headId:
           $ref: "api.yaml#/components/schemas/HeadId"
@@ -1694,11 +1963,22 @@ components:
           type: array
           items:
             $ref: "api.yaml#/components/schemas/TxId"
+        utxoToDecommit:
+          oneOf:
+            - $ref: "api.yaml#/components/schemas/UTxO"
+            - type: "null"
+        version:
+          $ref: "api.yaml#/components/schemas/SnapshotVersion"
+
 
     SnapshotNumber:
       type: integer
       minimum: 0
 
+    SnapshotVersion:
+      type: integer
+      minimum: 0
+
     Transaction:
       type: object
       required:
diff --git a/hydra-node/json-schemas/logs.yaml b/hydra-node/json-schemas/logs.yaml
index b82e9506988..d3b4812c058 100644
--- a/hydra-node/json-schemas/logs.yaml
+++ b/hydra-node/json-schemas/logs.yaml
@@ -670,7 +670,6 @@ definitions:
           numberOfParties:
             type: number
 
-
   # NOTE: We cannot simply describe 'ServerOutput' and re-use it in api.yaml, so
   # we opted to not detail this section here. The outputs documented in api.yaml
   # are based on internal type 'TimeServerOutput', so basically just contain an
@@ -962,6 +961,20 @@ definitions:
           requirementFailure:
             $ref: "logs.yaml#/definitions/RequirementFailure"
 
+      - title: AssertionFailed
+        description: >-
+          An unexpected situation arose in the implementation of the protocol logic. This is different to 'RequireFailed' as these conditions are not defined in the specified protocol.
+        additionalProperties: false
+        required:
+          - tag
+          - message
+        properties:
+          tag:
+            type: string
+            enum: ["AssertionFailed"]
+          message:
+            type: string
+
       - title: NotOurHead
         description: >-
           We just observed an on-chain event that does not apply to
@@ -1010,6 +1023,22 @@ definitions:
             $ref: "api.yaml#/components/schemas/SnapshotNumber"
           lastSeenSn:
             $ref: "api.yaml#/components/schemas/SnapshotNumber"
+      - title: "ReqSvNumberInvalid"
+        description: >-
+          Received ReqSn containing an invalid snapshot version
+        additionalProperties: false
+        required:
+          - tag
+          - requestedSv
+          - lastSeenSv
+        properties:
+          tag:
+            type: string
+            enum: ["ReqSvNumberInvalid"]
+          requestedSv:
+            $ref: "api.yaml#/components/schemas/SnapshotVersion"
+          lastSeenSv:
+            $ref: "api.yaml#/components/schemas/SnapshotVersion"
       - title: "ReqSnNotLeader"
         description: >-
           Received a ReqSn message from some party which is not the leader.
@@ -1098,6 +1127,23 @@ definitions:
             $ref: "api.yaml#/components/schemas/TxId"
           error:
             $ref: "logs.yaml#/definitions/ValidationError"
+      - title: "DecommitTxInvalid"
+        description: >-
+          Received a Decommit which contains transaction that does not apply
+          cleanly on the currently confirmed UTxO set
+        additionalProperties: false
+        required:
+          - tag
+          - decommitTx
+        properties:
+          tag:
+            type: string
+            enum: ["DecommitTxInvalid"]
+          decommitTx:
+            $ref: "api.yaml#/components/schemas/Transaction"
+          error:
+            $ref: "logs.yaml#/definitions/ValidationError"
+
   HeadState:
     oneOf:
       - title: "Idle"
@@ -1268,6 +1314,26 @@ definitions:
             enum: ["TransactionReceived"]
           tx:
             $ref: "api.yaml#/components/schemas/Transaction"
+      - title: "DecommitRecorded"
+        additionalProperties: false
+        required:
+          - tag
+          - decommitTx
+        properties:
+          tag:
+            type: string
+            enum: ["DecommitRecorded"]
+          decommitTx:
+            type: object
+            $ref: "api.yaml#/components/schemas/Transaction"
+      - title: "DecommitFinalized"
+        additionalProperties: false
+        required:
+          - tag
+        properties:
+          tag:
+            type: string
+            enum: ["DecommitFinalized"]
       - title: "PartySignedSnapshot"
         additionalProperties: false
         required:
@@ -1440,6 +1506,7 @@ definitions:
       - chainState
       - headId
       - headSeed
+      - version
     properties:
       parameters:
         $ref: "api.yaml#/components/schemas/HeadParameters"
@@ -1455,6 +1522,9 @@ definitions:
         $ref: "api.yaml#/components/schemas/HeadId"
       headSeed:
         $ref: "api.yaml#/components/schemas/HeadSeed"
+      version:
+        type: integer
+        minimum: 0
 
   CoordinatedHeadState:
     type: object
@@ -1465,6 +1535,8 @@ definitions:
       - allTxs
       - confirmedSnapshot
       - seenSnapshot
+      - decommitTx
+      - version
     properties:
       localUTxO:
         $ref: "api.yaml#/components/schemas/UTxO"
@@ -1482,65 +1554,73 @@ definitions:
         $ref: "api.yaml#/components/schemas/ConfirmedSnapshot"
       seenSnapshot:
         $ref: "logs.yaml#/definitions/SeenSnapshot"
+      decommitTx:
+        oneOf:
+          - type: "null"
+          - type: object
+            $ref: "api.yaml#/components/schemas/Transaction"
+      version:
+        type: integer
+        minimum: 0
 
   SeenSnapshot:
     oneOf:
-    - title: NoSeenSnapshot
-      type: object
-      additionalProperties: false
-      required:
-        - tag
-      properties:
-        tag:
-          type: string
-          enum: ["NoSeenSnapshot"]
-    - title: LastSeenSnapshot
-      type: object
-      additionalProperties: false
-      required:
-        - tag
-        - lastSeen
-      properties:
-        tag:
-          type: string
-          enum: ["LastSeenSnapshot"]
-        lastSeen:
-          $ref: "api.yaml#/components/schemas/SnapshotNumber"
-    - title: RequestedSnapshot
-      type: object
-      additionalProperties: false
-      required:
-        - tag
-        - lastSeen
-        - requested
-      properties:
-        tag:
-          type: string
-          enum: ["RequestedSnapshot"]
-        lastSeen:
-          $ref: "api.yaml#/components/schemas/SnapshotNumber"
-        requested:
-          $ref: "api.yaml#/components/schemas/SnapshotNumber"
-    - title: SeenSnapshot
-      type: object
-      additionalProperties: false
-      required:
-        - tag
-        - snapshot
-        - signatories
-      properties:
-        tag:
-          type: string
-          enum: ["SeenSnapshot"]
-        snapshot:
-          $ref: "api.yaml#/components/schemas/Snapshot"
-        signatories:
-          type: object
-          propertyNames:
+      - title: NoSeenSnapshot
+        type: object
+        additionalProperties: false
+        required:
+          - tag
+        properties:
+          tag:
             type: string
-            contentEncoding: base16
-          items:
-            $ref: "api.yaml#/components/schemas/Signature"
+            enum: ["NoSeenSnapshot"]
+      - title: LastSeenSnapshot
+        type: object
+        additionalProperties: false
+        required:
+          - tag
+          - lastSeen
+        properties:
+          tag:
+            type: string
+            enum: ["LastSeenSnapshot"]
+          lastSeen:
+            $ref: "api.yaml#/components/schemas/SnapshotNumber"
+      - title: RequestedSnapshot
+        type: object
+        additionalProperties: false
+        required:
+          - tag
+          - lastSeen
+          - requested
+        properties:
+          tag:
+            type: string
+            enum: ["RequestedSnapshot"]
+          lastSeen:
+            $ref: "api.yaml#/components/schemas/SnapshotNumber"
+          requested:
+            $ref: "api.yaml#/components/schemas/SnapshotNumber"
+      - title: SeenSnapshot
+        type: object
+        additionalProperties: false
+        required:
+          - tag
+          - snapshot
+          - signatories
+        properties:
+          tag:
+            type: string
+            enum: ["SeenSnapshot"]
+          snapshot:
+            $ref: "api.yaml#/components/schemas/Snapshot"
+          signatories:
+            type: object
+            propertyNames:
+              type: string
+              contentEncoding: base16
+            items:
+              $ref: "api.yaml#/components/schemas/Signature"
 
   Input:
     description: >-
@@ -1567,6 +1647,7 @@ definitions:
               - $ref: "api.yaml#/components/messages/Init/payload"
               - $ref: "api.yaml#/components/messages/Abort/payload"
               - $ref: "api.yaml#/components/messages/NewTx/payload"
+              - $ref: "api.yaml#/components/messages/Decommit/payload"
               - $ref: "api.yaml#/components/messages/GetUTxO/payload"
               - $ref: "api.yaml#/components/messages/Close/payload"
               - $ref: "api.yaml#/components/messages/Contest/payload"
@@ -1705,8 +1786,10 @@ definitions:
         additionalProperties: false
         required:
           - tag
+          - snapshotVersion
           - snapshotNumber
           - transactionIds
+          - decommitTx
         description: >-
           Request from the current snapshot leader to sign some snapshot, eg. a
           bunch of transaction ids.
@@ -1714,12 +1797,20 @@ definitions:
           tag:
             type: string
             enum: ["ReqSn"]
+          snapshotVersion:
+            $ref: "api.yaml#/components/schemas/SnapshotVersion"
           snapshotNumber:
             $ref: "api.yaml#/components/schemas/SnapshotNumber"
           transactionIds:
             type: array
             items:
               $ref: "api.yaml#/components/schemas/TxId"
+          decommitTx:
+            oneOf:
+              - type: "null"
+              - type: object
+                $ref: "api.yaml#/components/schemas/Transaction"
+
       - title: AckSn
         type: object
         additionalProperties: false
@@ -1742,6 +1833,21 @@ definitions:
             description: >-
               Signature from given party of the snapshot. The bytes representing
               the signature are hex-encoded.
+      - title: ReqDec
+        type: object
+        additionalProperties: false
+        required:
+          - tag
+          - transaction
+        description: >-
+          Notify the peers about the request to decommit some funds from the Head.
+        properties:
+          tag:
+            type: string
+            enum: ["ReqDec"]
+          transaction:
+            type: object
+            $ref: "api.yaml#/components/schemas/Transaction"
 
   ChainEvent:
     oneOf:
@@ -1875,6 +1981,26 @@ definitions:
             enum: ["OnAbortTx"]
           headId:
             $ref: "api.yaml#/components/schemas/HeadId"
+      - title: OnDecrementTx
+        type: object
+        additionalProperties: false
+        required:
+          - tag
+          - headId
+          - newVersion
+          - distributedOutputs
+        properties:
+          tag:
+            type: string
+            enum: ["OnDecrementTx"]
+          headId:
+            $ref: "api.yaml#/components/schemas/HeadId"
+          newVersion:
+            $ref: "api.yaml#/components/schemas/SnapshotVersion"
+          distributedOutputs:
+            type: array
+            items:
+              $ref: "api.yaml#/components/schemas/TxOut"
       - title: OnCollectComTx
         type: object
         additionalProperties: false
@@ -2129,6 +2255,47 @@ definitions:
             type: array
             items:
               $ref: "api.yaml#/components/schemas/TxId"
+      - title: WaitOnNotApplicableDecommitTx
+        description: >-
+          The decommit transaction does not apply right now, but may do so later.
+        type: object
+        additionalProperties: false
+        required:
+          - tag
+          - notApplicableReason
+        properties:
+          tag:
+            type: string
+            enum: ["WaitOnNotApplicableDecommitTx"]
+          notApplicableReason:
+            oneOf:
+              - type: object
+                required:
+                  - tag
+                  - localUTxO
+                  - validationError
+                properties:
+                  tag:
+                    type: string
+                    enum: ["DecommitTxInvalid"]
+                  localUTxO:
+                    $ref: "api.yaml#/components/schemas/UTxO"
+                  validationError:
+                    type: object
+                    properties:
+                      reason:
+                        type: string
+
+              - type: object
+                required:
+                  - tag
+                  - otherDecommitTxId
+                properties:
+                  tag:
+                    type: string
+                    enum: ["DecommitAlreadyInFlight"]
+                  otherDecommitTxId:
+                    $ref: "api.yaml#/components/schemas/TxId"
 
   RunOptions:
     type: object
diff --git a/hydra-node/src/Hydra/API/ClientInput.hs b/hydra-node/src/Hydra/API/ClientInput.hs
index ad872740c1a..d49c8218fb5 100644
--- a/hydra-node/src/Hydra/API/ClientInput.hs
+++ b/hydra-node/src/Hydra/API/ClientInput.hs
@@ -11,6 +11,7 @@ data ClientInput tx
   | Abort
   | NewTx {transaction :: tx}
   | GetUTxO
+  | Decommit {decommitTx :: tx}
   | Close
   | Contest
   | Fanout
@@ -32,6 +33,7 @@ instance Arbitrary tx => Arbitrary (ClientInput tx) where
     Abort -> []
     NewTx tx -> NewTx <$> shrink tx
     GetUTxO -> []
+    Decommit u -> Decommit <$> shrink u
     Close -> []
     Contest -> []
     Fanout -> []
diff --git a/hydra-node/src/Hydra/API/HTTPServer.hs b/hydra-node/src/Hydra/API/HTTPServer.hs
index 66db573134e..9ee2c014fc3 100644
--- a/hydra-node/src/Hydra/API/HTTPServer.hs
+++ b/hydra-node/src/Hydra/API/HTTPServer.hs
@@ -11,6 +11,7 @@ import Data.ByteString.Lazy qualified as LBS
 import Data.ByteString.Short ()
 import Data.Text (pack)
 import Hydra.API.APIServerLog (APIServerLog (..), Method (..), PathInfo (..))
+import Hydra.API.ClientInput (ClientInput (..))
 import Hydra.Cardano.Api (
   LedgerEra,
   Tx,
@@ -126,8 +127,10 @@ httpApp ::
   IO (Maybe HeadId) ->
   -- | Get latest confirmed UTxO snapshot.
   IO (Maybe (UTxOType tx)) ->
+  -- | Callback to yield a 'ClientInput' to the main event loop.
+  (ClientInput tx -> IO ()) ->
   Application
-httpApp tracer directChain pparams getInitializingHeadId getConfirmedUTxO request respond = do
+httpApp tracer directChain pparams getInitializingHeadId getConfirmedUTxO putClientInput request respond = do
   traceWith tracer $
     APIHTTPRequestReceived
       { method = Method $ requestMethod request
@@ -145,6 +148,10 @@ httpApp tracer directChain pparams getInitializingHeadId getConfirmedUTxO reques
       consumeRequestBodyStrict request
         >>= handleDraftCommitUtxo directChain getInitializingHeadId
         >>= respond
+    ("POST", ["decommit"]) ->
+      consumeRequestBodyStrict request
+        >>= handleDecommit putClientInput
+        >>= respond
     ("GET", ["protocol-parameters"]) ->
       respond . responseLBS status200 [] . Aeson.encode $ pparams
     ("POST", ["cardano-transaction"]) ->
@@ -213,6 +220,15 @@ handleSubmitUserTx directChain body = do
  where
   Chain{submitTx} = directChain
 
+handleDecommit :: forall tx. FromJSON tx => (ClientInput tx -> IO ()) -> LBS.ByteString -> IO Response
+handleDecommit putClientInput body =
+  case Aeson.eitherDecode' body :: Either String tx of
+    Left err ->
+      pure $ responseLBS status400 [] (Aeson.encode $ Aeson.String $ pack err)
+    Right decommitTx -> do
+      putClientInput Decommit{decommitTx}
+      pure $ responseLBS status200 [] (Aeson.encode $ Aeson.String "OK")
+
 badRequest :: IsChainState tx => PostTxError tx -> Response
 badRequest = responseLBS status400 [] . Aeson.encode . toJSON
 
diff --git a/hydra-node/src/Hydra/API/Server.hs b/hydra-node/src/Hydra/API/Server.hs
index 8e8a7143248..0f05c28a42f 100644
--- a/hydra-node/src/Hydra/API/Server.hs
+++ b/hydra-node/src/Hydra/API/Server.hs
@@ -99,7 +99,7 @@ withAPIServer host port party PersistenceIncremental{loadAll, append} tracer cha
             $ websocketsOr
               defaultConnectionOptions
               (wsApp party tracer history callback headStatusP snapshotUtxoP responseChannel)
-              (httpApp tracer chain pparams (atomically $ getLatest headIdP) (atomically $ getLatest snapshotUtxoP))
+              (httpApp tracer chain pparams (atomically $ getLatest headIdP) (atomically $ getLatest snapshotUtxoP) callback)
       )
       ( do
           waitForServerRunning
diff --git a/hydra-node/src/Hydra/API/ServerOutput.hs b/hydra-node/src/Hydra/API/ServerOutput.hs
index af263430acc..c27d660a06b 100644
--- a/hydra-node/src/Hydra/API/ServerOutput.hs
+++ b/hydra-node/src/Hydra/API/ServerOutput.hs
@@ -14,7 +14,7 @@ import Hydra.ContestationPeriod (ContestationPeriod)
 import Hydra.Crypto (MultiSignature)
 import Hydra.HeadId (HeadId)
 import Hydra.HeadLogic.State (HeadState)
-import Hydra.Ledger (IsTx, UTxOType, ValidationError)
+import Hydra.Ledger (IsTx, TxIdType, UTxOType, ValidationError)
 import Hydra.Network (Host, NodeId)
 import Hydra.OnChainId (OnChainId)
 import Hydra.Party (Party)
@@ -48,6 +48,23 @@ instance IsChainState tx => FromJSON (TimedServerOutput tx) where
   parseJSON v = flip (withObject "TimedServerOutput") v $ \o ->
     TimedServerOutput <$> parseJSON v <*> o .: "seq" <*> o .: "timestamp"
 
+data DecommitInvalidReason tx
+  = DecommitTxInvalid {localUTxO :: UTxOType tx, validationError :: ValidationError}
+  | DecommitAlreadyInFlight {otherDecommitTxId :: TxIdType tx}
+  deriving stock (Generic)
+
+deriving stock instance (Eq (TxIdType tx), Eq (UTxOType tx)) => Eq (DecommitInvalidReason tx)
+deriving stock instance (Show (TxIdType tx), Show (UTxOType tx)) => Show (DecommitInvalidReason tx)
+
+instance (ToJSON (TxIdType tx), ToJSON (UTxOType tx)) => ToJSON (DecommitInvalidReason tx) where
+  toJSON = genericToJSON defaultOptions
+
+instance (FromJSON (TxIdType tx), FromJSON (UTxOType tx)) => FromJSON (DecommitInvalidReason tx) where
+  parseJSON = genericParseJSON defaultOptions
+
+instance IsTx tx => Arbitrary (DecommitInvalidReason tx) where
+  arbitrary = genericArbitrary
+
 -- | Individual server output messages as produced by the 'Hydra.HeadLogic' in
 -- the 'ClientEffect'.
 data ServerOutput tx
@@ -103,6 +120,10 @@ data ServerOutput tx
       , parties :: [Party]
       , participants :: [OnChainId]
       }
+  | DecommitRequested {headId :: HeadId, decommitTx :: tx, utxoToDecommit :: UTxOType tx}
+  | DecommitInvalid {headId :: HeadId, decommitTx :: tx, decommitInvalidReason :: DecommitInvalidReason tx}
+  | DecommitApproved {headId :: HeadId, decommitTxId :: TxIdType tx, utxoToDecommit :: UTxOType tx}
+  | DecommitFinalized {headId :: HeadId, decommitTxId :: TxIdType tx}
   deriving stock (Generic)
 
 deriving stock instance IsChainState tx => Eq (ServerOutput tx)
@@ -130,7 +151,9 @@ instance
   where
   arbitrary = genericArbitrary
 
-  -- NOTE: See note on 'Arbitrary (ClientInput tx)'
+  -- NOTE: Somehow, can't use 'genericShrink' here as GHC is complaining about
+  -- Overlapping instances with 'UTxOType tx' even though for a fixed `tx`, there
+  -- should be only one 'UTxOType tx'
   shrink = \case
     PeerConnected p -> PeerConnected <$> shrink p
     PeerDisconnected p -> PeerDisconnected <$> shrink p
@@ -157,6 +180,10 @@ instance
         <*> shrink hydraNodeVersion
     PostTxOnChainFailed p e -> PostTxOnChainFailed <$> shrink p <*> shrink e
     IgnoredHeadInitializing{} -> []
+    DecommitRequested headId txid u -> DecommitRequested headId txid <$> shrink u
+    DecommitInvalid{} -> []
+    DecommitApproved headId txid u -> DecommitApproved headId txid <$> shrink u
+    DecommitFinalized{} -> []
 
 -- | Whether or not to include full UTxO in server outputs.
 data WithUTxO = WithUTxO | WithoutUTxO
@@ -205,6 +232,10 @@ prepareServerOutput ServerOutputConfig{utxoInSnapshot} response =
     Greetings{} -> encodedResponse
     PostTxOnChainFailed{} -> encodedResponse
     IgnoredHeadInitializing{} -> encodedResponse
+    DecommitRequested{} -> encodedResponse
+    DecommitApproved{} -> encodedResponse
+    DecommitFinalized{} -> encodedResponse
+    DecommitInvalid{} -> encodedResponse
  where
   handleUtxoInclusion f bs =
     case utxoInSnapshot of
diff --git a/hydra-node/src/Hydra/Chain.hs b/hydra-node/src/Hydra/Chain.hs
index f845aa4fc63..c0083950b09 100644
--- a/hydra-node/src/Hydra/Chain.hs
+++ b/hydra-node/src/Hydra/Chain.hs
@@ -23,10 +23,10 @@ import Hydra.Cardano.Api (
 import Hydra.ContestationPeriod (ContestationPeriod)
 import Hydra.Environment (Environment (..))
 import Hydra.HeadId (HeadId, HeadSeed)
-import Hydra.Ledger (ChainSlot, IsTx, UTxOType)
+import Hydra.Ledger (ChainSlot, IsTx (..), UTxOType)
 import Hydra.OnChainId (OnChainId)
 import Hydra.Party (Party)
-import Hydra.Snapshot (ConfirmedSnapshot, SnapshotNumber)
+import Hydra.Snapshot (ConfirmedSnapshot, SnapshotNumber, SnapshotVersion)
 import Test.Cardano.Ledger.Core.Arbitrary ()
 import Test.QuickCheck.Instances.Semigroup ()
 import Test.QuickCheck.Instances.Time ()
@@ -66,9 +66,24 @@ data PostChainTx tx
   = InitTx {participants :: [OnChainId], headParameters :: HeadParameters}
   | AbortTx {utxo :: UTxOType tx, headSeed :: HeadSeed}
   | CollectComTx {utxo :: UTxOType tx, headId :: HeadId, headParameters :: HeadParameters}
-  | CloseTx {headId :: HeadId, headParameters :: HeadParameters, confirmedSnapshot :: ConfirmedSnapshot tx}
-  | ContestTx {headId :: HeadId, headParameters :: HeadParameters, confirmedSnapshot :: ConfirmedSnapshot tx}
-  | FanoutTx {utxo :: UTxOType tx, headSeed :: HeadSeed, contestationDeadline :: UTCTime}
+  | DecrementTx
+      { headId :: HeadId
+      , headParameters :: HeadParameters
+      , decrementingSnapshot :: ConfirmedSnapshot tx
+      }
+  | CloseTx
+      { headId :: HeadId
+      , headParameters :: HeadParameters
+      , openVersion :: SnapshotVersion
+      , closingSnapshot :: ConfirmedSnapshot tx
+      }
+  | ContestTx
+      { headId :: HeadId
+      , headParameters :: HeadParameters
+      , openVersion :: SnapshotVersion
+      , contestingSnapshot :: ConfirmedSnapshot tx
+      }
+  | FanoutTx {utxo :: UTxOType tx, utxoToDecommit :: Maybe (UTxOType tx), headSeed :: HeadSeed, contestationDeadline :: UTCTime}
   deriving stock (Generic)
 
 deriving stock instance IsTx tx => Eq (PostChainTx tx)
@@ -82,9 +97,10 @@ instance IsTx tx => Arbitrary (PostChainTx tx) where
     InitTx{participants, headParameters} -> InitTx <$> shrink participants <*> shrink headParameters
     AbortTx{utxo, headSeed} -> AbortTx <$> shrink utxo <*> shrink headSeed
     CollectComTx{utxo, headId, headParameters} -> CollectComTx <$> shrink utxo <*> shrink headId <*> shrink headParameters
-    CloseTx{headId, headParameters, confirmedSnapshot} -> CloseTx <$> shrink headId <*> shrink headParameters <*> shrink confirmedSnapshot
-    ContestTx{headId, headParameters, confirmedSnapshot} -> ContestTx <$> shrink headId <*> shrink headParameters <*> shrink confirmedSnapshot
-    FanoutTx{utxo, headSeed, contestationDeadline} -> FanoutTx <$> shrink utxo <*> shrink headSeed <*> shrink contestationDeadline
+    DecrementTx{headId, headParameters, decrementingSnapshot} -> DecrementTx <$> shrink headId <*> shrink headParameters <*> shrink decrementingSnapshot
+    CloseTx{headId, headParameters, openVersion, closingSnapshot} -> CloseTx <$> shrink headId <*> shrink headParameters <*> shrink openVersion <*> shrink closingSnapshot
+    ContestTx{headId, headParameters, openVersion, contestingSnapshot} -> ContestTx <$> shrink headId <*> shrink headParameters <*> shrink openVersion <*> shrink contestingSnapshot
+    FanoutTx{utxo, utxoToDecommit, headSeed, contestationDeadline} -> FanoutTx <$> shrink utxo <*> shrink utxoToDecommit <*> shrink headSeed <*> shrink contestationDeadline
 
 -- | Describes transactions as seen on chain. Holds as minimal information as
 -- possible to simplify observing the chain.
@@ -102,6 +118,11 @@ data OnChainTx tx
       }
   | OnAbortTx {headId :: HeadId}
   | OnCollectComTx {headId :: HeadId}
+  | OnDecrementTx
+      { headId :: HeadId
+      , newVersion :: SnapshotVersion
+      , distributedOutputs :: [TxOutType tx]
+      }
   | OnCloseTx
       { headId :: HeadId
       , snapshotNumber :: SnapshotNumber
@@ -120,7 +141,7 @@ deriving stock instance IsTx tx => Show (OnChainTx tx)
 deriving anyclass instance IsTx tx => ToJSON (OnChainTx tx)
 deriving anyclass instance IsTx tx => FromJSON (OnChainTx tx)
 
-instance (Arbitrary tx, Arbitrary (UTxOType tx)) => Arbitrary (OnChainTx tx) where
+instance (Arbitrary tx, Arbitrary (TxOutType tx), Arbitrary (UTxOType tx)) => Arbitrary (OnChainTx tx) where
   arbitrary = genericArbitrary
 
 -- | Exceptions thrown by 'postTx'.
@@ -157,6 +178,7 @@ data PostTxError tx
   | FailedToConstructCloseTx
   | FailedToConstructContestTx
   | FailedToConstructCollectTx
+  | FailedToConstructDecrementTx
   | FailedToConstructFanoutTx
   deriving stock (Generic)
 
diff --git a/hydra-node/src/Hydra/Chain/Direct/Handlers.hs b/hydra-node/src/Hydra/Chain/Direct/Handlers.hs
index 4db7e101b9f..4533a3b6241 100644
--- a/hydra-node/src/Hydra/Chain/Direct/Handlers.hs
+++ b/hydra-node/src/Hydra/Chain/Direct/Handlers.hs
@@ -48,6 +48,7 @@ import Hydra.Chain.Direct.State (
   collect,
   commit',
   contest,
+  decrement,
   fanout,
   getKnownUTxO,
   initialize,
@@ -60,6 +61,7 @@ import Hydra.Chain.Direct.Tx (
   CollectComObservation (..),
   CommitObservation (..),
   ContestObservation (..),
+  DecrementObservation (..),
   FanoutObservation (..),
   HeadObservation (..),
   InitObservation (..),
@@ -77,7 +79,6 @@ import Hydra.Ledger (ChainSlot (ChainSlot), UTxOType)
 import Hydra.Ledger.Cardano (adjustUTxO)
 import Hydra.Logging (Tracer, traceWith)
 import Hydra.Plutus.Extras (posixToUTCTime)
-import Hydra.Plutus.Orphans ()
 import System.IO.Error (userError)
 
 -- | Handle of a mutable local chain state that is kept in the direct chain layer.
@@ -315,6 +316,8 @@ convertObservation = \case
     pure OnCommitTx{headId, party, committed}
   CollectCom CollectComObservation{headId} ->
     pure OnCollectComTx{headId}
+  Decrement DecrementObservation{headId, newVersion, distributedOutputs} ->
+    pure OnDecrementTx{headId, newVersion, distributedOutputs}
   Close CloseObservation{headId, snapshotNumber, threadOutput = ClosedThreadOutput{closedContestationDeadline}} ->
     pure
       OnCloseTx
@@ -363,27 +366,31 @@ prepareTxToPost timeHandle wallet ctx spendableUTxO tx =
       case collect ctx headId headParameters utxo spendableUTxO of
         Left _ -> throwIO (FailedToConstructCollectTx @Tx)
         Right collectTx -> pure collectTx
-    CloseTx{headId, headParameters, confirmedSnapshot} -> do
+    DecrementTx{headId, headParameters, decrementingSnapshot} ->
+      case decrement ctx spendableUTxO headId headParameters decrementingSnapshot of
+        Left _ -> throwIO (FailedToConstructDecrementTx @Tx)
+        Right decrementTx' -> pure decrementTx'
+    CloseTx{headId, headParameters, openVersion, closingSnapshot} -> do
       (currentSlot, currentTime) <- throwLeft currentPointInTime
       let HeadParameters{contestationPeriod} = headParameters
       upperBound <- calculateTxUpperBoundFromContestationPeriod currentTime contestationPeriod
-      case close ctx spendableUTxO headId headParameters confirmedSnapshot currentSlot upperBound of
+      case close ctx spendableUTxO headId headParameters openVersion closingSnapshot currentSlot upperBound of
         Left _ -> throwIO (FailedToConstructCloseTx @Tx)
         Right closeTx -> pure closeTx
-    ContestTx{headId, headParameters, confirmedSnapshot} -> do
+    ContestTx{headId, headParameters, openVersion, contestingSnapshot} -> do
       (_, currentTime) <- throwLeft currentPointInTime
       let HeadParameters{contestationPeriod} = headParameters
       upperBound <- calculateTxUpperBoundFromContestationPeriod currentTime contestationPeriod
-      case contest ctx spendableUTxO headId contestationPeriod confirmedSnapshot upperBound of
+      case contest ctx spendableUTxO headId contestationPeriod openVersion contestingSnapshot upperBound of
         Left _ -> throwIO (FailedToConstructContestTx @Tx)
         Right contestTx -> pure contestTx
-    FanoutTx{utxo, headSeed, contestationDeadline} -> do
+    FanoutTx{utxo, utxoToDecommit, headSeed, contestationDeadline} -> do
       deadlineSlot <- throwLeft $ slotFromUTCTime contestationDeadline
       case headSeedToTxIn headSeed of
         Nothing ->
           throwIO (InvalidSeed{headSeed} :: PostTxError Tx)
         Just seedTxIn ->
-          case fanout ctx spendableUTxO seedTxIn utxo deadlineSlot of
+          case fanout ctx spendableUTxO seedTxIn utxo utxoToDecommit deadlineSlot of
             Left _ -> throwIO (FailedToConstructFanoutTx @Tx)
             Right fanoutTx -> pure fanoutTx
  where
diff --git a/hydra-node/src/Hydra/Chain/Direct/State.hs b/hydra-node/src/Hydra/Chain/Direct/State.hs
index 8eaab18335d..2b7bab64a6a 100644
--- a/hydra-node/src/Hydra/Chain/Direct/State.hs
+++ b/hydra-node/src/Hydra/Chain/Direct/State.hs
@@ -71,7 +71,6 @@ import Hydra.Chain.Direct.Tx (
   CloseObservation (..),
   CloseTxError (..),
   ClosedThreadOutput (..),
-  ClosingSnapshot (..),
   CollectComObservation (..),
   CommitObservation (..),
   ContestTxError (..),
@@ -80,12 +79,13 @@ import Hydra.Chain.Direct.Tx (
   InitialThreadOutput (..),
   NotAnInitReason,
   OpenThreadOutput (..),
-  UTxOHash (UTxOHash),
+  UTxOHash,
   abortTx,
   closeTx,
   collectComTx,
   commitTx,
   contestTx,
+  decrementTx,
   fanoutTx,
   headIdToPolicyId,
   initTx,
@@ -105,8 +105,8 @@ import Hydra.Contract.HeadTokens (headPolicyId, mkHeadTokenScript)
 import Hydra.Contract.Initial qualified as Initial
 import Hydra.Crypto (HydraKey)
 import Hydra.HeadId (HeadId (..))
-import Hydra.Ledger (ChainSlot (ChainSlot), IsTx (hashUTxO))
-import Hydra.Ledger.Cardano (genOneUTxOFor, genUTxOAdaOnlyOfSize, genVerificationKey)
+import Hydra.Ledger (ChainSlot (ChainSlot))
+import Hydra.Ledger.Cardano (genOneUTxOFor, genTxOut, genUTxO1, genUTxOAdaOnlyOfSize, genVerificationKey)
 import Hydra.Ledger.Cardano.Evaluate (genPointInTimeBefore, genValidityBoundsFromContestationPeriod, slotLength, systemStart)
 import Hydra.Ledger.Cardano.Time (slotNoFromUTCTime)
 import Hydra.OnChainId (OnChainId)
@@ -116,10 +116,11 @@ import Hydra.Snapshot (
   ConfirmedSnapshot (..),
   Snapshot (..),
   SnapshotNumber,
+  SnapshotVersion,
   genConfirmedSnapshot,
   getSnapshot,
  )
-import Test.QuickCheck (choose, frequency, oneof, vector)
+import Test.QuickCheck (choose, frequency, oneof, suchThat, vector)
 import Test.QuickCheck.Gen (elements)
 import Test.QuickCheck.Modifiers (Positive (Positive))
 
@@ -165,6 +166,7 @@ data ChainTransition
   | Abort
   | Commit
   | Collect
+  | Decrement
   | Close
   | Contest
   | Fanout
@@ -464,6 +466,52 @@ collect ctx headId headParameters utxoToCollect spendableUTxO = do
 
   ChainContext{networkId, ownVerificationKey, scriptRegistry} = ctx
 
+-- | Possible errors when trying to construct decrement tx
+data DecrementTxError
+  = InvalidHeadIdInDecrement {headId :: HeadId}
+  | CannotFindHeadOutputInDecrement
+  | SnapshotMissingDecrementUTxO
+  | SnapshotDecrementUTxOIsNull
+  deriving stock (Show)
+
+-- | Construct a decrement transaction spending the head output in given 'UTxO',
+-- and producing outputs for all pending 'utxoToDecommit' of given 'Snapshot'.
+decrement ::
+  ChainContext ->
+  -- | Spendable UTxO containing head, initial and commit outputs
+  UTxO ->
+  HeadId ->
+  HeadParameters ->
+  -- | Snapshot to decrement with.
+  ConfirmedSnapshot Tx ->
+  Either DecrementTxError Tx
+decrement ctx spendableUTxO headId headParameters decrementingSnapshot = do
+  pid <- headIdToPolicyId headId ?> InvalidHeadIdInDecrement{headId}
+  let utxoOfThisHead' = utxoOfThisHead pid spendableUTxO
+  headUTxO <- UTxO.find (isScriptTxOut headScript) utxoOfThisHead' ?> CannotFindHeadOutputInDecrement
+  case utxoToDecommit of
+    Nothing ->
+      Left SnapshotMissingDecrementUTxO
+    Just decrementUTxO
+      | null decrementUTxO ->
+          Left SnapshotDecrementUTxOIsNull
+    _ ->
+      Right $ decrementTx scriptRegistry ownVerificationKey headId headParameters headUTxO sn sigs
+ where
+  headScript = fromPlutusScript @PlutusScriptV2 Head.validatorScript
+
+  Snapshot{utxoToDecommit} = sn
+
+  (sn, sigs) =
+    case decrementingSnapshot of
+      ConfirmedSnapshot{snapshot, signatures} -> (snapshot, signatures)
+      -- XXX: This way of retrofitting an 'InitialSnapshot' into a Snapshot +
+      -- Signatures indicates we might want to simplify 'ConfirmedSnapshot' into
+      -- a product directly.
+      _ -> (getSnapshot decrementingSnapshot, mempty)
+
+  ChainContext{ownVerificationKey, scriptRegistry} = ctx
+
 -- | Construct a close transaction spending the head output in given 'UTxO',
 -- head parameters, and a confirmed snapshot. NOTE: Lower and upper bound slot
 -- difference should not exceed contestation period.
@@ -471,15 +519,23 @@ close ::
   ChainContext ->
   -- | Spendable UTxO containing head, initial and commit outputs
   UTxO ->
+  -- | Head id to close.
   HeadId ->
+  -- | Parameters of the head to close.
   HeadParameters ->
+  -- | Last known version of the open head. NOTE: We deliberately require a
+  -- 'SnapshotVersion' to be passed in, even though it could be extracted from the
+  -- open head output in the spendable UTxO, to stay consistent with the way
+  -- parameters are handled.
+  SnapshotVersion ->
+  -- | Snapshot to close with.
   ConfirmedSnapshot Tx ->
   -- | 'Tx' validity lower bound
   SlotNo ->
   -- | 'Tx' validity upper bound
   PointInTime ->
   Either CloseTxError Tx
-close ctx spendableUTxO headId HeadParameters{parties, contestationPeriod} confirmedSnapshot startSlotNo pointInTime = do
+close ctx spendableUTxO headId HeadParameters{parties, contestationPeriod} openVersion confirmedSnapshot startSlotNo pointInTime = do
   pid <- headIdToPolicyId headId ?> InvalidHeadIdInClose{headId}
   headUTxO <-
     UTxO.find (isScriptTxOut headScript) (utxoOfThisHead pid spendableUTxO)
@@ -490,19 +546,10 @@ close ctx spendableUTxO headId HeadParameters{parties, contestationPeriod} confi
           , openContestationPeriod = ContestationPeriod.toChain contestationPeriod
           , openParties = partyToChain <$> parties
           }
-  pure $ closeTx scriptRegistry ownVerificationKey closingSnapshot startSlotNo pointInTime openThreadOutput headId
+  pure $ closeTx scriptRegistry ownVerificationKey headId openVersion confirmedSnapshot startSlotNo pointInTime openThreadOutput
  where
   headScript = fromPlutusScript @PlutusScriptV2 Head.validatorScript
 
-  closingSnapshot = case confirmedSnapshot of
-    InitialSnapshot{initialUTxO} -> CloseWithInitialSnapshot{openUtxoHash = UTxOHash $ hashUTxO @Tx initialUTxO}
-    ConfirmedSnapshot{snapshot = Snapshot{number, utxo}, signatures} ->
-      CloseWithConfirmedSnapshot
-        { snapshotNumber = number
-        , closeUtxoHash = UTxOHash $ hashUTxO @Tx utxo
-        , signatures
-        }
-
   ChainContext{ownVerificationKey, scriptRegistry} = ctx
 
 -- | Construct a contest transaction based on the 'ClosedState' and a confirmed
@@ -514,24 +561,30 @@ contest ::
   UTxO ->
   HeadId ->
   ContestationPeriod ->
+  -- | Last known version of the open head. NOTE: We deliberately require a
+  -- 'SnapshotVersion' to be passed in, even though it could be extracted from the
+  -- open head output in the spendable UTxO, to stay consistent with the way
+  -- parameters are handled.
+  SnapshotVersion ->
+  -- | Snapshot to contest with.
   ConfirmedSnapshot Tx ->
   -- | Current slot and posix time to be used as the contestation time.
   PointInTime ->
   Either ContestTxError Tx
-contest ctx spendableUTxO headId contestationPeriod confirmedSnapshot pointInTime = do
+contest ctx spendableUTxO headId contestationPeriod openVersion contestingSnapshot pointInTime = do
   pid <- headIdToPolicyId headId ?> InvalidHeadIdInContest{headId}
   headUTxO <-
     UTxO.find (isScriptTxOut headScript) (utxoOfThisHead pid spendableUTxO)
       ?> CannotFindHeadOutputToContest
   closedThreadOutput <- checkHeadDatum headUTxO
-  pure $ contestTx scriptRegistry ownVerificationKey sn sigs pointInTime closedThreadOutput headId contestationPeriod
+  pure $ contestTx scriptRegistry ownVerificationKey headId contestationPeriod openVersion sn sigs pointInTime closedThreadOutput
  where
   checkHeadDatum headUTxO@(_, headOutput) = do
     headDatum <- txOutScriptData (toTxContext headOutput) ?> MissingHeadDatumInContest
     datum <- fromScriptData headDatum ?> FailedToConvertFromScriptDataInContest
 
     case datum of
-      Head.Closed{contesters, parties, contestationDeadline} -> do
+      Head.Closed Head.ClosedDatum{contesters, parties, contestationDeadline} -> do
         let closedThreadUTxO = headUTxO
             closedParties = parties
             closedContestationDeadline = contestationDeadline
@@ -546,9 +599,12 @@ contest ctx spendableUTxO headId contestationPeriod confirmedSnapshot pointInTim
       _ -> Left WrongDatumInContest
 
   (sn, sigs) =
-    case confirmedSnapshot of
-      ConfirmedSnapshot{signatures} -> (getSnapshot confirmedSnapshot, signatures)
-      _ -> (getSnapshot confirmedSnapshot, mempty)
+    case contestingSnapshot of
+      ConfirmedSnapshot{snapshot, signatures} -> (snapshot, signatures)
+      -- XXX: This way of retrofitting an 'InitialSnapshot' into a Snapshot +
+      -- Signatures indicates we might want to simplify 'ConfirmedSnapshot' into
+      -- a product directly.
+      _ -> (getSnapshot contestingSnapshot, mempty)
 
   ChainContext{ownVerificationKey, scriptRegistry} = ctx
 
@@ -564,17 +620,19 @@ fanout ::
   TxIn ->
   -- | Snapshot UTxO to fanout
   UTxO ->
+  -- | Snapshot UTxO to decommit to fanout
+  Maybe UTxO ->
   -- | Contestation deadline as SlotNo, used to set lower tx validity bound.
   SlotNo ->
   Either FanoutTxError Tx
-fanout ctx spendableUTxO seedTxIn utxo deadlineSlotNo = do
+fanout ctx spendableUTxO seedTxIn utxo utxoToDecommit deadlineSlotNo = do
   headUTxO <-
     UTxO.find (isScriptTxOut headScript) (utxoOfThisHead (headPolicyId seedTxIn) spendableUTxO)
       ?> CannotFindHeadOutputToFanout
 
   closedThreadUTxO <- checkHeadDatum headUTxO
 
-  pure $ fanoutTx scriptRegistry utxo closedThreadUTxO deadlineSlotNo headTokenScript
+  pure $ fanoutTx scriptRegistry utxo utxoToDecommit closedThreadUTxO deadlineSlotNo headTokenScript
  where
   headTokenScript = mkHeadTokenScript seedTxIn
 
@@ -767,6 +825,7 @@ genChainStateWithTx =
     [ genInitWithState
     , genAbortWithState
     , genCommitWithState
+    , genDecrementWithState
     , genCollectWithState
     , genCloseWithState
     , genContestWithState
@@ -805,6 +864,11 @@ genChainStateWithTx =
     (ctx, _, st, tx) <- genCollectComTx
     pure (ctx, Initial st, tx, Collect)
 
+  genDecrementWithState :: Gen (ChainContext, ChainState, Tx, ChainTransition)
+  genDecrementWithState = do
+    (ctx, _, st, tx) <- genDecrementTx maxGenParties
+    pure (ctx, Open st, tx, Decrement)
+
   genCloseWithState :: Gen (ChainContext, ChainState, Tx, ChainTransition)
   genCloseWithState = do
     (ctx, st, tx, _) <- genCloseTx maxGenParties
@@ -983,43 +1047,73 @@ genCollectComTx = do
   let spendableUTxO = getKnownUTxO stInitialized
   pure (cctx, committedUTxO, stInitialized, unsafeCollect cctx headId (ctxHeadParameters ctx) utxoToCollect spendableUTxO)
 
+genDecrementTx :: Int -> Gen (ChainContext, [TxOut CtxUTxO], OpenState, Tx)
+genDecrementTx numParties = do
+  ctx <- genHydraContextFor numParties
+  (u0, stOpen@OpenState{headId}) <- genStOpen ctx `suchThat` \(u, _) -> not (null u)
+  cctx <- pickChainContext ctx
+  let (confirmedUtxo, toDecommit) = splitUTxO u0
+  let version = 0
+  snapshot <- genConfirmedSnapshot headId version 1 confirmedUtxo (Just toDecommit) (ctxHydraSigningKeys ctx)
+  let openUTxO = getKnownUTxO stOpen
+  pure
+    ( cctx
+    , maybe mempty toList (utxoToDecommit $ getSnapshot snapshot)
+    , stOpen
+    , unsafeDecrement cctx openUTxO headId (ctxHeadParameters ctx) snapshot
+    )
+
+-- | Split a given UTxO into two, such that the second UTxO is non-empty. This
+-- is useful to pick a UTxO to decommit.
+splitUTxO :: UTxO -> (UTxO, UTxO)
+splitUTxO utxo =
+  case UTxO.pairs utxo of
+    [] -> (mempty, mempty)
+    (u : us) -> (UTxO.fromPairs us, UTxO.singleton u)
+
 genCloseTx :: Int -> Gen (ChainContext, OpenState, Tx, ConfirmedSnapshot Tx)
 genCloseTx numParties = do
   ctx <- genHydraContextFor numParties
   (u0, stOpen@OpenState{headId}) <- genStOpen ctx
-  snapshot <- genConfirmedSnapshot headId 0 u0 (ctxHydraSigningKeys ctx)
+  let (confirmedUtxo, utxoToDecommit) = splitUTxO u0
+  let version = 0
+  snapshot <- genConfirmedSnapshot headId version 1 confirmedUtxo (Just utxoToDecommit) (ctxHydraSigningKeys ctx)
   cctx <- pickChainContext ctx
   let cp = ctxContestationPeriod ctx
   (startSlot, pointInTime) <- genValidityBoundsFromContestationPeriod cp
   let utxo = getKnownUTxO stOpen
-  pure (cctx, stOpen, unsafeClose cctx utxo headId (ctxHeadParameters ctx) snapshot startSlot pointInTime, snapshot)
+  pure (cctx, stOpen, unsafeClose cctx utxo headId (ctxHeadParameters ctx) version snapshot startSlot pointInTime, snapshot)
 
 genContestTx :: Gen (HydraContext, PointInTime, ClosedState, Tx)
 genContestTx = do
   ctx <- genHydraContextFor maximumNumberOfParties
   (u0, stOpen@OpenState{headId}) <- genStOpen ctx
-  confirmed <- genConfirmedSnapshot headId 0 u0 []
+  let (confirmedUtXO, utxoToDecommit) = splitUTxO u0
+  let version = 1
+  confirmed <- genConfirmedSnapshot headId version 1 confirmedUtXO (Just utxoToDecommit) []
   cctx <- pickChainContext ctx
   let cp = ctxContestationPeriod ctx
   (startSlot, closePointInTime) <- genValidityBoundsFromContestationPeriod cp
   let openUTxO = getKnownUTxO stOpen
-  let txClose = unsafeClose cctx openUTxO headId (ctxHeadParameters ctx) confirmed startSlot closePointInTime
+  let txClose = unsafeClose cctx openUTxO headId (ctxHeadParameters ctx) version confirmed startSlot closePointInTime
   let stClosed = snd $ fromJust $ observeClose stOpen txClose
   let utxo = getKnownUTxO stClosed
-  someUtxo <- arbitrary
-  contestSnapshot <- genConfirmedSnapshot headId (succ $ number $ getSnapshot confirmed) someUtxo (ctxHydraSigningKeys ctx)
+  someUtxo <- genUTxO1 genTxOut
+  let (confirmedUTxO', utxoToDecommit') = splitUTxO someUtxo
+  contestSnapshot <- genConfirmedSnapshot headId version (succ $ number $ getSnapshot confirmed) confirmedUTxO' (Just utxoToDecommit') (ctxHydraSigningKeys ctx)
   contestPointInTime <- genPointInTimeBefore (getContestationDeadline stClosed)
-  pure (ctx, closePointInTime, stClosed, unsafeContest cctx utxo headId cp contestSnapshot contestPointInTime)
+  pure (ctx, closePointInTime, stClosed, unsafeContest cctx utxo headId cp version contestSnapshot contestPointInTime)
 
 genFanoutTx :: Int -> Int -> Gen (HydraContext, ClosedState, Tx)
 genFanoutTx numParties numOutputs = do
   ctx <- genHydraContext numParties
   utxo <- genUTxOAdaOnlyOfSize numOutputs
-  (_, toFanout, stClosed@ClosedState{seedTxIn}) <- genStClosed ctx utxo
+  let (inHead', toDecommit') = splitUTxO utxo
+  (_, toFanout, toDecommit, stClosed@ClosedState{seedTxIn}) <- genStClosed ctx inHead' (Just toDecommit')
   cctx <- pickChainContext ctx
   let deadlineSlotNo = slotNoFromUTCTime systemStart slotLength (getContestationDeadline stClosed)
       spendableUTxO = getKnownUTxO stClosed
-  pure (ctx, stClosed, unsafeFanout cctx spendableUTxO seedTxIn toFanout deadlineSlotNo)
+  pure (ctx, stClosed, unsafeFanout cctx spendableUTxO seedTxIn toFanout toDecommit deadlineSlotNo)
 
 getContestationDeadline :: ClosedState -> UTCTime
 getContestationDeadline
@@ -1038,35 +1132,40 @@ genStOpen ctx = do
   let utxoToCollect = fold committed
   let spendableUTxO = getKnownUTxO stInitial
   let txCollect = unsafeCollect cctx headId (ctxHeadParameters ctx) utxoToCollect spendableUTxO
-  pure (fold committed, snd . fromJust $ observeCollect stInitial txCollect)
+  pure (utxoToCollect, snd . fromJust $ observeCollect stInitial txCollect)
 
 genStClosed ::
   HydraContext ->
   UTxO ->
-  Gen (SnapshotNumber, UTxO, ClosedState)
-genStClosed ctx utxo = do
+  Maybe UTxO ->
+  Gen (SnapshotNumber, UTxO, Maybe UTxO, ClosedState)
+genStClosed ctx utxo utxoToDecommit = do
   (u0, stOpen@OpenState{headId}) <- genStOpen ctx
   confirmed <- arbitrary
-  let (sn, snapshot, toFanout) = case confirmed of
+  let (sn, snapshot, toFanout, toDecommit, v) = case confirmed of
         InitialSnapshot{} ->
           ( 0
           , InitialSnapshot{headId, initialUTxO = u0}
           , u0
+          , Nothing
+          , 0
           )
         ConfirmedSnapshot{snapshot = snap, signatures} ->
           ( number snap
           , ConfirmedSnapshot
-              { snapshot = snap{utxo = utxo}
+              { snapshot = snap{utxo = utxo, utxoToDecommit}
               , signatures
               }
           , utxo
+          , utxoToDecommit
+          , Hydra.Snapshot.version snap
           )
   cctx <- pickChainContext ctx
   let cp = ctxContestationPeriod ctx
   (startSlot, pointInTime) <- genValidityBoundsFromContestationPeriod cp
   let utxo' = getKnownUTxO stOpen
-  let txClose = unsafeClose cctx utxo' headId (ctxHeadParameters ctx) snapshot startSlot pointInTime
-  pure (sn, toFanout, snd . fromJust $ observeClose stOpen txClose)
+  let txClose = unsafeClose cctx utxo' headId (ctxHeadParameters ctx) v snapshot startSlot pointInTime
+  pure (sn, toFanout, toDecommit, snd . fromJust $ observeClose stOpen txClose)
 
 -- ** Danger zone
 
@@ -1095,6 +1194,19 @@ unsafeAbort ::
 unsafeAbort ctx seedTxIn spendableUTxO committedUTxO =
   either (error . show) id $ abort ctx seedTxIn spendableUTxO committedUTxO
 
+unsafeDecrement ::
+  HasCallStack =>
+  ChainContext ->
+  -- | Spendable 'UTxO'
+  UTxO ->
+  HeadId ->
+  HeadParameters ->
+  ConfirmedSnapshot Tx ->
+  Tx
+unsafeDecrement ctx spendableUTxO headId parameters decrementingSnapshot =
+  either (error . show) id $ decrement ctx spendableUTxO headId parameters decrementingSnapshot
+
+-- | Unsafe version of 'close' that throws an error if the transaction fails to build.
 unsafeClose ::
   HasCallStack =>
   ChainContext ->
@@ -1102,14 +1214,13 @@ unsafeClose ::
   UTxO ->
   HeadId ->
   HeadParameters ->
+  SnapshotVersion ->
   ConfirmedSnapshot Tx ->
-  -- | 'Tx' validity lower bound
   SlotNo ->
-  -- | 'Tx' validity upper bound
   PointInTime ->
   Tx
-unsafeClose ctx spendableUTxO headId headParameters confirmedSnapshot startSlotNo pointInTime =
-  either (error . show) id $ close ctx spendableUTxO headId headParameters confirmedSnapshot startSlotNo pointInTime
+unsafeClose ctx spendableUTxO headId headParameters openVersion confirmedSnapshot startSlotNo pointInTime =
+  either (error . show) id $ close ctx spendableUTxO headId headParameters openVersion confirmedSnapshot startSlotNo pointInTime
 
 unsafeCollect ::
   ChainContext ->
@@ -1124,6 +1235,7 @@ unsafeCollect ::
 unsafeCollect ctx headId headParameters utxoToCollect spendableUTxO =
   either (error . show) id $ collect ctx headId headParameters utxoToCollect spendableUTxO
 
+-- | Unsafe version of 'contest' that throws an error if the transaction fails to build.
 unsafeContest ::
   HasCallStack =>
   ChainContext ->
@@ -1131,11 +1243,12 @@ unsafeContest ::
   UTxO ->
   HeadId ->
   ContestationPeriod ->
+  SnapshotVersion ->
   ConfirmedSnapshot Tx ->
   PointInTime ->
   Tx
-unsafeContest ctx spendableUTxO headId contestationPeriod confirmedSnapshot pointInTime =
-  either (error . show) id $ contest ctx spendableUTxO headId contestationPeriod confirmedSnapshot pointInTime
+unsafeContest ctx spendableUTxO headId contestationPeriod openVersion contestingSnapshot pointInTime =
+  either (error . show) id $ contest ctx spendableUTxO headId contestationPeriod openVersion contestingSnapshot pointInTime
 
 unsafeFanout ::
   HasCallStack =>
@@ -1146,11 +1259,13 @@ unsafeFanout ::
   TxIn ->
   -- | Snapshot UTxO to fanout
   UTxO ->
+  -- | Snapshot decommit UTxO to fanout
+  Maybe UTxO ->
   -- | Contestation deadline as SlotNo, used to set lower tx validity bound.
   SlotNo ->
   Tx
-unsafeFanout ctx spendableUTxO seedTxIn utxo deadlineSlotNo =
-  either (error . show) id $ fanout ctx spendableUTxO seedTxIn utxo deadlineSlotNo
+unsafeFanout ctx spendableUTxO seedTxIn utxo utxoToDecommit deadlineSlotNo =
+  either (error . show) id $ fanout ctx spendableUTxO seedTxIn utxo utxoToDecommit deadlineSlotNo
 
 unsafeObserveInit ::
   HasCallStack =>
diff --git a/hydra-node/src/Hydra/Chain/Direct/Tx.hs b/hydra-node/src/Hydra/Chain/Direct/Tx.hs
index b1d15365570..e206ec29f07 100644
--- a/hydra-node/src/Hydra/Chain/Direct/Tx.hs
+++ b/hydra-node/src/Hydra/Chain/Direct/Tx.hs
@@ -77,7 +77,7 @@ import Hydra.OnChainId (OnChainId (..))
 import Hydra.Party (Party, partyFromChain, partyToChain)
 import Hydra.Plutus.Extras (posixFromUTCTime, posixToUTCTime)
 import Hydra.Plutus.Orphans ()
-import Hydra.Snapshot (Snapshot (..), SnapshotNumber, fromChainSnapshot)
+import Hydra.Snapshot (ConfirmedSnapshot (..), Snapshot (..), SnapshotNumber, SnapshotVersion, fromChainSnapshotNumber, fromChainSnapshotVersion, getSnapshot)
 import PlutusLedgerApi.V2 (CurrencySymbol (CurrencySymbol), fromBuiltin, getPubKeyHash, toBuiltin)
 import PlutusLedgerApi.V2 qualified as Plutus
 import Test.QuickCheck (vectorOf)
@@ -389,13 +389,15 @@ collectComTx networkId scriptRegistry vk headId headParameters (headInput, initi
       headDatumAfter
       ReferenceScriptNone
   headDatumAfter =
-    mkTxOutDatumInline
+    mkTxOutDatumInline $
       Head.Open
-        { Head.parties = partyToChain <$> parties
-        , utxoHash
-        , contestationPeriod = toChain contestationPeriod
-        , headId = headIdToCurrencySymbol headId
-        }
+        Head.OpenDatum
+          { Head.parties = partyToChain <$> parties
+          , utxoHash
+          , contestationPeriod = toChain contestationPeriod
+          , headId = headIdToCurrencySymbol headId
+          , version = 0
+          }
 
   utxoHash = toBuiltin $ hashUTxO @Tx utxoToCollect
 
@@ -413,19 +415,76 @@ collectComTx networkId scriptRegistry vk headId headParameters (headInput, initi
   commitRedeemer =
     toScriptData $ Commit.redeemer Commit.ViaCollectCom
 
--- | Low-level data type of a snapshot to close the head with. This is different
--- to the 'ConfirmedSnasphot', which is provided to `CloseTx` as it also
--- contains relevant chain state like the 'openUtxoHash'.
-data ClosingSnapshot
-  = CloseWithInitialSnapshot {openUtxoHash :: UTxOHash}
-  | CloseWithConfirmedSnapshot
-      { snapshotNumber :: SnapshotNumber
-      , closeUtxoHash :: UTxOHash
-      , -- XXX: This is a bit of a wart and stems from the fact that our
-        -- SignableRepresentation of 'Snapshot' is in fact the snapshotNumber
-        -- and the closeUtxoHash as also included above
-        signatures :: MultiSignature (Snapshot Tx)
-      }
+-- | Construct a _decrement_ transaction which takes as input some 'UTxO' present
+-- in the L2 ledger state and makes it available on L1.
+decrementTx ::
+  -- | Published Hydra scripts to reference.
+  ScriptRegistry ->
+  -- | Party who's authorizing this transaction
+  VerificationKey PaymentKey ->
+  -- | Head identifier
+  HeadId ->
+  -- | Parameters of the head.
+  HeadParameters ->
+  -- | Everything needed to spend the Head state-machine output.
+  (TxIn, TxOut CtxUTxO) ->
+  -- | Confirmed Snapshot
+  Snapshot Tx ->
+  MultiSignature (Snapshot Tx) ->
+  Tx
+decrementTx scriptRegistry vk headId headParameters (headInput, headOutput) snapshot signatures =
+  unsafeBuildTransaction $
+    emptyTxBody
+      & addInputs [(headInput, headWitness)]
+      & addReferenceInputs [headScriptRef]
+      & addOutputs (headOutput' : map toTxContext decommitOutputs)
+      & addExtraRequiredSigners [verificationKeyHash vk]
+      & setTxMetadata (TxMetadataInEra $ mkHydraHeadV1TxName "DecrementTx")
+ where
+  headRedeemer =
+    toScriptData $
+      Head.Decrement
+        Head.DecrementRedeemer
+          { signature = toPlutusSignatures signatures
+          , snapshotNumber = fromIntegral number
+          , numberOfDecommitOutputs =
+              fromIntegral $ length $ maybe [] toList utxoToDecommit
+          }
+
+  utxoHash = toBuiltin $ hashUTxO @Tx utxo
+
+  HeadParameters{parties, contestationPeriod} = headParameters
+
+  headOutput' =
+    headOutput
+      & modifyTxOutDatum (const headDatumAfter)
+      & modifyTxOutValue (\v -> v <> negateValue decomittedValue)
+
+  decomittedValue = foldMap txOutValue decommitOutputs
+
+  decommitOutputs = maybe [] toList utxoToDecommit
+
+  headScript = fromPlutusScript @PlutusScriptV2 Head.validatorScript
+
+  headScriptRef = fst (headReference scriptRegistry)
+
+  headWitness =
+    BuildTxWith $
+      ScriptWitness scriptWitnessInCtx $
+        mkScriptReference headScriptRef headScript InlineScriptDatum headRedeemer
+
+  headDatumAfter =
+    mkTxOutDatumInline $
+      Head.Open
+        Head.OpenDatum
+          { Head.parties = partyToChain <$> parties
+          , utxoHash
+          , contestationPeriod = toChain contestationPeriod
+          , headId = headIdToCurrencySymbol headId
+          , version = toInteger version + 1
+          }
+
+  Snapshot{utxo, utxoToDecommit, number, version} = snapshot
 
 data CloseTxError
   = InvalidHeadIdInClose {headId :: HeadId}
@@ -439,18 +498,20 @@ closeTx ::
   ScriptRegistry ->
   -- | Party who's authorizing this transaction
   VerificationKey PaymentKey ->
-  -- | The snapshot to close with, can be either initial or confirmed one.
-  ClosingSnapshot ->
+  -- | Head identifier
+  HeadId ->
+  -- | Last known version of the open head.
+  SnapshotVersion ->
+  -- | Snapshot with instructions how to close the head.
+  ConfirmedSnapshot Tx ->
   -- | Lower validity slot number, usually a current or quite recent slot number.
   SlotNo ->
   -- | Upper validity slot and UTC time to compute the contestation deadline time.
   PointInTime ->
   -- | Everything needed to spend the Head state-machine output.
   OpenThreadOutput ->
-  -- | Head identifier
-  HeadId ->
   Tx
-closeTx scriptRegistry vk closing startSlotNo (endSlotNo, utcTime) openThreadOutput headId =
+closeTx scriptRegistry vk headId openVersion confirmedSnapshot startSlotNo (endSlotNo, utcTime) openThreadOutput =
   unsafeBuildTransaction $
     emptyTxBody
       & addInputs [(headInput, headWitness)]
@@ -478,38 +539,44 @@ closeTx scriptRegistry vk closing startSlotNo (endSlotNo, utcTime) openThreadOut
   headScript =
     fromPlutusScript @PlutusScriptV2 Head.validatorScript
 
-  headRedeemer =
-    toScriptData
-      Head.Close
-        { signature
-        }
+  headRedeemer = toScriptData $ Head.Close closeRedeemer
+
+  closeRedeemer =
+    case confirmedSnapshot of
+      InitialSnapshot{} -> Head.CloseInitial
+      ConfirmedSnapshot{signatures, snapshot = Snapshot{version, utxoToDecommit}}
+        | version == openVersion ->
+            Head.CloseCurrent{signature = toPlutusSignatures signatures}
+        | otherwise ->
+            -- NOTE: This will only work for version == openVersion - 1
+            Head.CloseOutdated
+              { signature = toPlutusSignatures signatures
+              , alreadyDecommittedUTxOHash = toBuiltin . hashUTxO $ fromMaybe mempty utxoToDecommit
+              }
 
   headOutputAfter =
     modifyTxOutDatum (const headDatumAfter) headOutputBefore
 
   headDatumAfter =
-    mkTxOutDatumInline
+    mkTxOutDatumInline $
       Head.Closed
-        { snapshotNumber
-        , utxoHash = toBuiltin utxoHashBytes
-        , parties = openParties
-        , contestationDeadline
-        , contestationPeriod = openContestationPeriod
-        , headId = headIdToCurrencySymbol headId
-        , contesters = []
-        }
-
-  snapshotNumber = toInteger $ case closing of
-    CloseWithInitialSnapshot{} -> 0
-    CloseWithConfirmedSnapshot{snapshotNumber = sn} -> sn
-
-  UTxOHash utxoHashBytes = case closing of
-    CloseWithInitialSnapshot{openUtxoHash} -> openUtxoHash
-    CloseWithConfirmedSnapshot{closeUtxoHash} -> closeUtxoHash
-
-  signature = case closing of
-    CloseWithInitialSnapshot{} -> mempty
-    CloseWithConfirmedSnapshot{signatures = s} -> toPlutusSignatures s
+        Head.ClosedDatum
+          { snapshotNumber =
+              fromIntegral . number $ getSnapshot confirmedSnapshot
+          , utxoHash =
+              toBuiltin . hashUTxO . utxo $ getSnapshot confirmedSnapshot
+          , deltaUTxOHash =
+              case closeRedeemer of
+                Head.CloseCurrent{} ->
+                  Just . toBuiltin . hashUTxO @Tx . fromMaybe mempty . utxoToDecommit $ getSnapshot confirmedSnapshot
+                _ -> Nothing
+          , parties = openParties
+          , contestationDeadline
+          , contestationPeriod = openContestationPeriod
+          , headId = headIdToCurrencySymbol headId
+          , contesters = []
+          , version = fromIntegral openVersion
+          }
 
   contestationDeadline =
     addContestationPeriod (posixFromUTCTime utcTime) openContestationPeriod
@@ -533,6 +600,9 @@ contestTx ::
   ScriptRegistry ->
   -- | Party who's authorizing this transaction
   VerificationKey PaymentKey ->
+  HeadId ->
+  ContestationPeriod ->
+  SnapshotVersion ->
   -- | Contested snapshot number (i.e. the one we contest to)
   Snapshot Tx ->
   -- | Multi-signature of the whole snapshot
@@ -541,10 +611,8 @@ contestTx ::
   PointInTime ->
   -- | Everything needed to spend the Head state-machine output.
   ClosedThreadOutput ->
-  HeadId ->
-  ContestationPeriod ->
   Tx
-contestTx scriptRegistry vk Snapshot{number, utxo} sig (slotNo, _) closedThreadOutput headId contestationPeriod =
+contestTx scriptRegistry vk headId contestationPeriod openVersion Snapshot{number, utxo, utxoToDecommit, version} sig (slotNo, _) closedThreadOutput =
   unsafeBuildTransaction $
     emptyTxBody
       & addInputs [(headInput, headWitness)]
@@ -565,15 +633,27 @@ contestTx scriptRegistry vk Snapshot{number, utxo} sig (slotNo, _) closedThreadO
     BuildTxWith $
       ScriptWitness scriptWitnessInCtx $
         mkScriptReference headScriptRef headScript InlineScriptDatum headRedeemer
+
   headScriptRef =
     fst (headReference scriptRegistry)
+
   headScript =
     fromPlutusScript @PlutusScriptV2 Head.validatorScript
-  headRedeemer =
-    toScriptData
-      Head.Contest
-        { signature = toPlutusSignatures sig
-        }
+
+  headRedeemer = toScriptData $ Head.Contest contestRedeemer
+
+  contestRedeemer
+    | version == openVersion =
+        Head.ContestCurrent
+          { signature = toPlutusSignatures sig
+          }
+    | otherwise =
+        -- NOTE: This will only work for version == openVersion - 1
+        Head.ContestOutdated
+          { signature = toPlutusSignatures sig
+          , alreadyDecommittedUTxOHash = toBuiltin $ hashUTxO @Tx $ fromMaybe mempty utxoToDecommit
+          }
+
   headOutputAfter =
     modifyTxOutDatum (const headDatumAfter) headOutputBefore
 
@@ -587,17 +667,23 @@ contestTx scriptRegistry vk Snapshot{number, utxo} sig (slotNo, _) closedThreadO
       else addContestationPeriod closedContestationDeadline onChainConstestationPeriod
 
   headDatumAfter =
-    mkTxOutDatumInline
+    mkTxOutDatumInline $
       Head.Closed
-        { snapshotNumber = toInteger number
-        , utxoHash
-        , parties = closedParties
-        , contestationDeadline = newContestationDeadline
-        , contestationPeriod = onChainConstestationPeriod
-        , headId = headIdToCurrencySymbol headId
-        , contesters = contester : closedContesters
-        }
-  utxoHash = toBuiltin $ hashUTxO @Tx utxo
+        Head.ClosedDatum
+          { snapshotNumber = toInteger number
+          , utxoHash = toBuiltin $ hashUTxO @Tx utxo
+          , deltaUTxOHash =
+              case contestRedeemer of
+                Head.ContestCurrent{} ->
+                  Just . toBuiltin $ hashUTxO @Tx $ fromMaybe mempty utxoToDecommit
+                _ -> Nothing
+          , parties = closedParties
+          , contestationDeadline = newContestationDeadline
+          , contestationPeriod = onChainConstestationPeriod
+          , headId = headIdToCurrencySymbol headId
+          , contesters = contester : closedContesters
+          , version = toInteger openVersion
+          }
 
 data FanoutTxError
   = CannotFindHeadOutputToFanout
@@ -614,6 +700,8 @@ fanoutTx ::
   ScriptRegistry ->
   -- | Snapshotted UTxO to fanout on layer 1
   UTxO ->
+  -- | Snapshotted decommit UTxO to fanout on layer 1
+  Maybe UTxO ->
   -- | Everything needed to spend the Head state-machine output.
   (TxIn, TxOut CtxUTxO) ->
   -- | Contestation deadline as SlotNo, used to set lower tx validity bound.
@@ -621,12 +709,12 @@ fanoutTx ::
   -- | Minting Policy script, made from initial seed
   PlutusScript ->
   Tx
-fanoutTx scriptRegistry utxo (headInput, headOutput) deadlineSlotNo headTokenScript =
+fanoutTx scriptRegistry utxo utxoToDecommit (headInput, headOutput) deadlineSlotNo headTokenScript =
   unsafeBuildTransaction $
     emptyTxBody
       & addInputs [(headInput, headWitness)]
       & addReferenceInputs [headScriptRef]
-      & addOutputs orderedTxOutsToFanout
+      & addOutputs (orderedTxOutsToFanout <> orderedTxOutsToDecommit)
       & burnTokens headTokenScript Burn headTokens
       & setValidityLowerBound (deadlineSlotNo + 1)
       & setTxMetadata (TxMetadataInEra $ mkHydraHeadV1TxName "FanoutTx")
@@ -640,7 +728,11 @@ fanoutTx scriptRegistry utxo (headInput, headOutput) deadlineSlotNo headTokenScr
   headScript =
     fromPlutusScript @PlutusScriptV2 Head.validatorScript
   headRedeemer =
-    toScriptData (Head.Fanout $ fromIntegral $ length utxo)
+    toScriptData $
+      Head.Fanout
+        { numberOfFanoutOutputs = fromIntegral $ length utxo
+        , numberOfDecommitOutputs = fromIntegral $ maybe 0 length utxoToDecommit
+        }
 
   headTokens =
     headTokensFromValue headTokenScript (txOutValue headOutput)
@@ -648,6 +740,11 @@ fanoutTx scriptRegistry utxo (headInput, headOutput) deadlineSlotNo headTokenScr
   orderedTxOutsToFanout =
     toTxContext <$> toList utxo
 
+  orderedTxOutsToDecommit =
+    case utxoToDecommit of
+      Nothing -> []
+      Just decommitUTxO -> toTxContext <$> toList decommitUTxO
+
 data AbortTxError
   = OverlappingInputs
   | CannotFindHeadOutputToAbort
@@ -744,6 +841,7 @@ data HeadObservation
   | Abort AbortObservation
   | Commit CommitObservation
   | CollectCom CollectComObservation
+  | Decrement DecrementObservation
   | Close CloseObservation
   | Contest ContestObservation
   | Fanout FanoutObservation
@@ -760,6 +858,7 @@ observeHeadTx networkId utxo tx =
       <|> Abort <$> observeAbortTx utxo tx
       <|> Commit <$> observeCommitTx networkId utxo tx
       <|> CollectCom <$> observeCollectComTx utxo tx
+      <|> Decrement <$> observeDecrementTx utxo tx
       <|> Close <$> observeCloseTx utxo tx
       <|> Contest <$> observeContestTx utxo tx
       <|> Fanout <$> observeFanoutTx utxo tx
@@ -984,9 +1083,50 @@ observeCollectComTx utxo tx = do
   headScript = fromPlutusScript Head.validatorScript
   decodeUtxoHash datum =
     case fromScriptData datum of
-      Just Head.Open{utxoHash} -> Just $ fromBuiltin utxoHash
+      Just (Head.Open Head.OpenDatum{utxoHash}) -> Just $ fromBuiltin utxoHash
       _ -> Nothing
 
+data DecrementObservation = DecrementObservation
+  { headId :: HeadId
+  , newVersion :: SnapshotVersion
+  , distributedOutputs :: [TxOut CtxUTxO]
+  }
+  deriving stock (Show, Eq, Generic)
+
+instance Arbitrary DecrementObservation where
+  arbitrary = genericArbitrary
+
+observeDecrementTx ::
+  UTxO ->
+  Tx ->
+  Maybe DecrementObservation
+observeDecrementTx utxo tx = do
+  let inputUTxO = resolveInputsUTxO utxo tx
+  (headInput, headOutput) <- findTxOutByScript @PlutusScriptV2 inputUTxO headScript
+  redeemer <- findRedeemerSpending tx headInput
+  oldHeadDatum <- txOutScriptData $ toTxContext headOutput
+  datum <- fromScriptData oldHeadDatum
+  headId <- findStateToken headOutput
+  case (datum, redeemer) of
+    (Head.Open{}, Head.Decrement Head.DecrementRedeemer{numberOfDecommitOutputs}) -> do
+      (_, newHeadOutput) <- findTxOutByScript @PlutusScriptV2 (utxoFromTx tx) headScript
+      newHeadDatum <- txOutScriptData $ toTxContext newHeadOutput
+      case fromScriptData newHeadDatum of
+        Just (Head.Open Head.OpenDatum{version}) ->
+          pure
+            DecrementObservation
+              { headId
+              , newVersion = fromChainSnapshotVersion version
+              , distributedOutputs =
+                  toUTxOContext <$> txOuts' tx
+                    & drop 1 -- NOTE: Head output must be in first position
+                    & take (fromIntegral numberOfDecommitOutputs)
+              }
+        _ -> Nothing
+    _ -> Nothing
+ where
+  headScript = fromPlutusScript Head.validatorScript
+
 data CloseObservation = CloseObservation
   { threadOutput :: ClosedThreadOutput
   , headId :: HeadId
@@ -1012,11 +1152,12 @@ observeCloseTx utxo tx = do
   datum <- fromScriptData oldHeadDatum
   headId <- findStateToken headOutput
   case (datum, redeemer) of
-    (Head.Open{parties}, Head.Close{}) -> do
+    (Head.Open Head.OpenDatum{parties}, Head.Close{}) -> do
       (newHeadInput, newHeadOutput) <- findTxOutByScript @PlutusScriptV2 (utxoFromTx tx) headScript
       newHeadDatum <- txOutScriptData $ toTxContext newHeadOutput
       (closeContestationDeadline, onChainSnapshotNumber) <- case fromScriptData newHeadDatum of
-        Just Head.Closed{contestationDeadline, snapshotNumber} -> pure (contestationDeadline, snapshotNumber)
+        Just (Head.Closed Head.ClosedDatum{contestationDeadline, snapshotNumber}) ->
+          pure (contestationDeadline, snapshotNumber)
         _ -> Nothing
       pure
         CloseObservation
@@ -1028,7 +1169,7 @@ observeCloseTx utxo tx = do
                 , closedContesters = []
                 }
           , headId
-          , snapshotNumber = fromChainSnapshot onChainSnapshotNumber
+          , snapshotNumber = fromChainSnapshotNumber onChainSnapshotNumber
           }
     _ -> Nothing
  where
@@ -1061,7 +1202,7 @@ observeContestTx utxo tx = do
   datum <- fromScriptData oldHeadDatum
   headId <- findStateToken headOutput
   case (datum, redeemer) of
-    (Head.Closed{}, Head.Contest{}) -> do
+    (Head.Closed Head.ClosedDatum{}, Head.Contest{}) -> do
       (newHeadInput, newHeadOutput) <- findTxOutByScript @PlutusScriptV2 (utxoFromTx tx) headScript
       newHeadDatum <- txOutScriptData $ toTxContext newHeadOutput
       let (onChainSnapshotNumber, contestationDeadline, contesters) = decodeDatum newHeadDatum
@@ -1069,7 +1210,7 @@ observeContestTx utxo tx = do
         ContestObservation
           { contestedThreadOutput = (newHeadInput, newHeadOutput)
           , headId
-          , snapshotNumber = fromChainSnapshot onChainSnapshotNumber
+          , snapshotNumber = fromChainSnapshotNumber onChainSnapshotNumber
           , contestationDeadline = posixToUTCTime contestationDeadline
           , contesters
           }
@@ -1079,7 +1220,8 @@ observeContestTx utxo tx = do
 
   decodeDatum headDatum =
     case fromScriptData headDatum of
-      Just Head.Closed{snapshotNumber, contestationDeadline, contesters} -> (snapshotNumber, contestationDeadline, contesters)
+      Just (Head.Closed Head.ClosedDatum{snapshotNumber, contestationDeadline, contesters}) ->
+        (snapshotNumber, contestationDeadline, contesters)
       _ -> error "wrong state in output datum"
 
 newtype FanoutObservation = FanoutObservation {headId :: HeadId} deriving stock (Eq, Show, Generic)
diff --git a/hydra-node/src/Hydra/HeadLogic.hs b/hydra-node/src/Hydra/HeadLogic.hs
index f655fd8633b..d8dcfd09f3e 100644
--- a/hydra-node/src/Hydra/HeadLogic.hs
+++ b/hydra-node/src/Hydra/HeadLogic.hs
@@ -1,5 +1,5 @@
 {-# LANGUAGE DuplicateRecordFields #-}
-{-# LANGUAGE UndecidableInstances #-}
+{-# OPTIONS_GHC -Wno-ambiguous-fields #-}
 
 -- | Implements the Head Protocol's /state machine/ as /pure functions/ in an event sourced manner.
 --
@@ -17,16 +17,17 @@ module Hydra.HeadLogic (
   module Hydra.HeadLogic.Error,
   module Hydra.HeadLogic.State,
   module Hydra.HeadLogic.Outcome,
-  module Hydra.HeadLogic.SnapshotOutcome,
 ) where
 
 import Hydra.Prelude
 
+import Data.List (elemIndex)
 import Data.Map.Strict qualified as Map
 import Data.Set ((\\))
 import Data.Set qualified as Set
 import GHC.Records (getField)
 import Hydra.API.ClientInput (ClientInput (..))
+import Hydra.API.ServerOutput (DecommitInvalidReason (..))
 import Hydra.API.ServerOutput qualified as ServerOutput
 import Hydra.Chain (
   ChainEvent (..),
@@ -66,7 +67,6 @@ import Hydra.HeadLogic.Outcome (
   noop,
   wait,
  )
-import Hydra.HeadLogic.SnapshotOutcome (isLeader)
 import Hydra.HeadLogic.State (
   ClosedState (..),
   Committed,
@@ -81,17 +81,21 @@ import Hydra.HeadLogic.State (
   setChainState,
  )
 import Hydra.Ledger (
-  IsTx,
+  ChainSlot,
+  IsTx (..),
   Ledger (..),
   TxIdType,
   UTxOType,
   applyTransactions,
+  outputsOfTx,
   txId,
+  utxoFromTx,
+  withoutUTxO,
  )
 import Hydra.Network.Message (Connectivity (..), HydraVersionedProtocolNumber (..), KnownHydraVersions (..), Message (..), NetworkEvent (..))
 import Hydra.OnChainId (OnChainId)
 import Hydra.Party (Party (vkey))
-import Hydra.Snapshot (ConfirmedSnapshot (..), Snapshot (..), SnapshotNumber, getSnapshot)
+import Hydra.Snapshot (ConfirmedSnapshot (..), Snapshot (..), SnapshotNumber, SnapshotVersion, getSnapshot)
 
 defaultTTL :: TTL
 defaultTTL = 5
@@ -268,11 +272,16 @@ onInitialChainCollectTx ::
   ChainStateType tx ->
   Outcome tx
 onInitialChainCollectTx st newChainState =
-  newState HeadOpened{chainState = newChainState, initialUTxO = u0}
-    <> cause (ClientEffect $ ServerOutput.HeadIsOpen{headId, utxo = u0})
+  -- Spec: 𝑈₀  ← ⋃ⁿⱼ₌₁ 𝑈ⱼ
+  let u0 = fold committed
+   in -- Spec: L̂  ← 𝑈₀
+      --       ̅S  ← snObj(0, 0, 𝑈₀, ∅, ⊥)
+      --       v , ŝ ← 0
+      --       T̂  ← ∅
+      --       txω ← ⊥
+      newState HeadOpened{chainState = newChainState, initialUTxO = u0}
+        <> cause (ClientEffect $ ServerOutput.HeadIsOpen{headId, utxo = u0})
  where
-  u0 = fold committed
-
   -- TODO: Do we want to check whether this even matches our local state? For
   -- example, we do expect `null remainingParties` but what happens if it's
   -- untrue?
@@ -308,23 +317,17 @@ onOpenNetworkReqTx ::
   tx ->
   Outcome tx
 onOpenNetworkReqTx env ledger st ttl tx =
-  -- Spec: Tall ← ̂Tall ∪ { (hash(tx), tx) }
+  -- Keep track of transactions by-id
   (newState TransactionReceived{tx} <>) $
-    -- Spec: wait L̂ ◦ tx ≠ ⊥ combined with L̂ ← L̂ ◦ tx
+    -- Spec: wait L̂ ◦ tx ≠ ⊥
     waitApplyTx $ \newLocalUTxO ->
-      -- Spec: if ŝ = s̄ ∧ leader(s̄ + 1) = i
-      ( if not snapshotInFlight && isLeader parameters party nextSn
-          then
-            newState TransactionAppliedToLocalUTxO{tx = tx, newLocalUTxO}
-              <>
-              -- XXX: This state update has no equivalence in the
-              -- spec. Do we really need to store that we have
-              -- requested a snapshot? If yes, should update spec.
-              newState SnapshotRequestDecided{snapshotNumber = nextSn}
-              <> cause (NetworkEffect $ ReqSn nextSn (txId <$> localTxs'))
-          else newState TransactionAppliedToLocalUTxO{tx, newLocalUTxO}
-      )
-        <> cause (ClientEffect $ ServerOutput.TxValid headId tx)
+      (cause (ClientEffect $ ServerOutput.TxValid headId tx) <>) $
+        -- Spec: T̂ ← T̂ ⋃ {tx}
+        --       L̂  ← L̂ ◦ tx
+        newState TransactionAppliedToLocalUTxO{tx, newLocalUTxO}
+          -- Spec: if ŝ = ̅S.s ∧ leader(̅S.s + 1) = i
+          --         multicast (reqSn, v, ̅S.s + 1, T̂ , txω )
+          & maybeRequestSnapshot (confirmedSn + 1)
  where
   waitApplyTx cont =
     case applyTransactions currentSlot localUTxO [tx] of
@@ -345,11 +348,21 @@ onOpenNetworkReqTx env ledger st ttl tx =
             -- from allTxs, we would make the head stuck.
             cause . ClientEffect $ ServerOutput.TxInvalid headId localUTxO tx err
 
+  maybeRequestSnapshot nextSn outcome =
+    if not snapshotInFlight && isLeader parameters party nextSn
+      then
+        outcome
+          -- XXX: This state update has no equivalence in the
+          -- spec. Do we really need to store that we have
+          -- requested a snapshot? If yes, should update spec.
+          <> newState SnapshotRequestDecided{snapshotNumber = nextSn}
+          <> cause (NetworkEffect $ ReqSn version nextSn (txId <$> localTxs') decommitTx)
+      else outcome
   Environment{party} = env
 
   Ledger{applyTransactions} = ledger
 
-  CoordinatedHeadState{localTxs, localUTxO, confirmedSnapshot, seenSnapshot} = coordinatedHeadState
+  CoordinatedHeadState{localTxs, localUTxO, confirmedSnapshot, seenSnapshot, decommitTx, version} = coordinatedHeadState
 
   Snapshot{number = confirmedSn} = getSnapshot confirmedSnapshot
 
@@ -361,8 +374,6 @@ onOpenNetworkReqTx env ledger st ttl tx =
     RequestedSnapshot{} -> True
     SeenSnapshot{} -> True
 
-  nextSn = confirmedSn + 1
-
   localTxs' = localTxs <> [tx]
 
 -- | Process a snapshot request ('ReqSn') from party.
@@ -384,34 +395,53 @@ onOpenNetworkReqSn ::
   OpenState tx ->
   -- | Party which sent the ReqSn.
   Party ->
+  -- | Requested snapshot version.
+  SnapshotVersion ->
   -- | Requested snapshot number.
   SnapshotNumber ->
   -- | List of transactions to snapshot.
   [TxIdType tx] ->
+  -- | Optional decommit transaction of removing funds from the head.
+  Maybe tx ->
   Outcome tx
-onOpenNetworkReqSn env ledger st otherParty sn requestedTxIds =
-  -- TODO: Verify the request is signed by (?) / comes from the leader
-  -- (Can we prove a message comes from a given peer, without signature?)
-
-  -- Spec: require s = ŝ + 1 and leader(s) = j
+onOpenNetworkReqSn env ledger st otherParty sv sn requestedTxIds mDecommitTx =
+  -- Spec: require v = v ∧ s = ŝ + 1 ∧ leader(s) = j
   requireReqSn $
-    -- Spec: wait s̅ = ŝ
+    -- Spec: wait ŝ = ̅S.s
     waitNoSnapshotInFlight $
-      -- Spec: wait ∀h ∈ Treq : (h, ·) ∈ Tall
-      waitResolvableTxs $ do
-        -- Spec: Treq ← {Tall [h] | h ∈ Treq#}
-        let requestedTxs = mapMaybe (`Map.lookup` allTxs) requestedTxIds
-        -- Spec: require U̅ ◦ Treq /= ⊥ combined with Û ← Ū̅ ◦ Treq
-        requireApplyTxs requestedTxs $ \u -> do
-          -- NOTE: confSn == seenSn == sn here
-          let nextSnapshot = Snapshot headId (confSn + 1) u requestedTxIds
-          -- Spec: σᵢ
-          let snapshotSignature = sign signingKey nextSnapshot
-          (cause (NetworkEffect $ AckSn snapshotSignature sn) <>) $
-            do
-              -- Spec: for loop which updates T̂ and L̂
+      -- Spec: require ̅S.𝑈 ◦ txω ≠ ⊥
+      --       ηω ← combine(outputs(txω))
+      --       𝑈_active ← ̅S.𝑈 ◦ txω \ outputs(txω)
+      requireApplicableDecommitTx $ \(activeUTxO, mUtxoToDecommit) ->
+        -- Resolve transactions by-id
+        waitResolvableTxs $ \requestedTxs -> do
+          -- Spec: require 𝑈_active ◦ Treq ≠ ⊥
+          --       𝑈 ← 𝑈_active ◦ Treq
+          requireApplyTxs activeUTxO requestedTxs $ \u -> do
+            -- Spec: ŝ ← ̅S.s + 1
+            -- NOTE: confSn == seenSn == sn here
+            let nextSnapshot =
+                  Snapshot
+                    { headId
+                    , version = version
+                    , number = sn
+                    , confirmed = requestedTxIds
+                    , utxo = u
+                    , utxoToDecommit = mUtxoToDecommit
+                    }
+            -- Spec: η ← combine(𝑈)
+            --       σᵢ ← MS-Sign(kₕˢⁱᵍ, (cid‖v‖ŝ‖η‖ηω))
+            let snapshotSignature = sign signingKey nextSnapshot
+            -- Spec: multicast (ackSn, ŝ, σᵢ)
+            (cause (NetworkEffect $ AckSn snapshotSignature sn) <>) $ do
+              -- Spec: ̂Σ ← ∅
+              --       L̂ ← 𝑈
+              --       𝑋 ← T
+              --       T̂ ← ∅
+              --       for tx ∈ 𝑋 : L̂ ◦ tx ≠ ⊥
+              --         T̂ ← T̂ ⋃ {tx}
+              --         L̂ ← L̂ ◦ tx
               let (newLocalTxs, newLocalUTxO) = pruneTransactions u
-              -- Spec (in aggregate): Tall ← {tx | ∀tx ∈ Tall : tx ∉ Treq }
               newState
                 SnapshotRequested
                   { snapshot = nextSnapshot
@@ -421,6 +451,8 @@ onOpenNetworkReqSn env ledger st otherParty sn requestedTxIds =
                   }
  where
   requireReqSn continue
+    | sv /= version =
+        Error $ RequireFailed $ ReqSvNumberInvalid{requestedSv = sv, lastSeenSv = version}
     | sn /= seenSn + 1 =
         Error $ RequireFailed $ ReqSnNumberInvalid{requestedSn = sn, lastSeenSn = seenSn}
     | not (isLeader parameters otherParty sn) =
@@ -436,16 +468,30 @@ onOpenNetworkReqSn env ledger st otherParty sn requestedTxIds =
 
   waitResolvableTxs continue =
     case toList (fromList requestedTxIds \\ Map.keysSet allTxs) of
-      [] -> continue
+      [] -> continue $ mapMaybe (`Map.lookup` allTxs) requestedTxIds
       unseen -> wait $ WaitOnTxs unseen
 
+  requireApplicableDecommitTx cont =
+    case mDecommitTx of
+      Nothing -> cont (confirmedUTxO, Nothing)
+      Just decommitTx ->
+        -- Spec: require ̅S.𝑈 ◦ txω /= ⊥
+        case applyTransactions ledger currentSlot confirmedUTxO [decommitTx] of
+          Left (_, err) ->
+            Error $ RequireFailed $ SnapshotDoesNotApply sn (txId decommitTx) err
+          Right newConfirmedUTxO -> do
+            -- Spec: 𝑈_active ← ̅S.𝑈 ◦ txω \ outputs(txω)
+            let utxoToDecommit = utxoFromTx decommitTx
+            let activeUTxO = newConfirmedUTxO `withoutUTxO` utxoToDecommit
+            cont (activeUTxO, Just utxoToDecommit)
+
   -- NOTE: at this point we know those transactions apply on the localUTxO because they
   -- are part of the localTxs. The snapshot can contain less transactions than the ones
   -- we have seen at this stage, but they all _must_ apply correctly to the latest
   -- snapshot's UTxO set, eg. it's illegal for a snapshot leader to request a snapshot
   -- containing transactions that do not apply cleanly.
-  requireApplyTxs requestedTxs cont =
-    case applyTransactions ledger currentSlot confirmedUTxO requestedTxs of
+  requireApplyTxs utxo requestedTxs cont =
+    case applyTransactions ledger currentSlot utxo requestedTxs of
       Left (tx, err) ->
         Error $ RequireFailed $ SnapshotDoesNotApply sn (txId tx) err
       Right u -> cont u
@@ -472,7 +518,7 @@ onOpenNetworkReqSn env ledger st otherParty sn requestedTxIds =
     InitialSnapshot{initialUTxO} -> initialUTxO
     ConfirmedSnapshot{snapshot = Snapshot{utxo}} -> utxo
 
-  CoordinatedHeadState{confirmedSnapshot, seenSnapshot, allTxs, localTxs} = coordinatedHeadState
+  CoordinatedHeadState{confirmedSnapshot, seenSnapshot, allTxs, localTxs, version} = coordinatedHeadState
 
   OpenState{parameters, coordinatedHeadState, currentSlot, headId} = st
 
@@ -501,21 +547,33 @@ onOpenNetworkAckSn ::
   SnapshotNumber ->
   Outcome tx
 onOpenNetworkAckSn Environment{party} openState otherParty snapshotSignature sn =
-  -- TODO: verify authenticity of message and whether otherParty is part of the head
   -- Spec: require s ∈ {ŝ, ŝ + 1}
   requireValidAckSn $ do
     -- Spec: wait ŝ = s
     waitOnSeenSnapshot $ \snapshot sigs -> do
-      -- Spec: (j,.) ∉ ̂Σ
+      -- Spec: require (j,⋅) ∉ ̂Σ
       requireNotSignedYet sigs $ do
-        ifAllMembersHaveSigned snapshot sigs $ \sigs' -> do
-          -- Spec: σ̃ ← MS-ASig(k_H, ̂Σ̂)
-          let multisig = aggregateInOrder sigs' parties
-          requireVerifiedMultisignature multisig snapshot $
-            do
-              newState SnapshotConfirmed{snapshot, signatures = multisig}
-              <> cause (ClientEffect $ ServerOutput.SnapshotConfirmed headId snapshot multisig)
-              & maybeEmitSnapshot
+        -- Spec: ̂Σ[j] ← σⱼ
+        (newState PartySignedSnapshot{snapshot, party = otherParty, signature = snapshotSignature} <>) $
+          --       if ∀k ∈ [1..n] : (k,·) ∈ ̂Σ
+          ifAllMembersHaveSigned snapshot sigs $ \sigs' -> do
+            -- Spec: σ̃ ← MS-ASig(kₕˢᵉᵗᵘᵖ,̂Σ)
+            let multisig = aggregateInOrder sigs' parties
+            -- Spec: η ← combine(𝑈ˆ)
+            --       ηω ← combine(outputs(txω))
+            --       require MS-Verify(k ̃H, (cid‖v̂‖ŝ‖η‖ηω), σ̃)
+            requireVerifiedMultisignature multisig snapshot $
+              do
+                -- Spec: ̅S ← snObj(v̂, ŝ, Û, T̂, txω)
+                --       ̅S.σ ← ̃σ
+                newState SnapshotConfirmed{snapshot, signatures = multisig}
+                <> cause (ClientEffect $ ServerOutput.SnapshotConfirmed headId snapshot multisig)
+                -- Spec: if txω ≠ ⊥
+                --         postTx (decrement, v̂, ŝ, η, ηω)
+                & maybePostDecrementTx snapshot multisig
+                -- Spec: if leader(s + 1) = i ∧ T̂ ≠ ∅
+                --         multicast (reqSn, v, ̅S.s + 1, T̂, txω)
+                & maybeRequestNextSnapshot (number snapshot + 1)
  where
   seenSn = seenSnapshotNumber seenSnapshot
 
@@ -559,15 +617,35 @@ onOpenNetworkAckSn Environment{party} openState otherParty snapshotSignature sn
           RequireFailed $
             InvalidMultisignature{multisig = show multisig, vkeys}
 
-  maybeEmitSnapshot outcome =
+  maybeRequestNextSnapshot nextSn outcome =
     if isLeader parameters party nextSn && not (null localTxs)
       then
         outcome
           <> newState SnapshotRequestDecided{snapshotNumber = nextSn}
-          <> cause (NetworkEffect $ ReqSn nextSn (txId <$> localTxs))
+          <> cause (NetworkEffect $ ReqSn version nextSn (txId <$> localTxs) decommitTx)
       else outcome
 
-  nextSn = sn + 1
+  maybePostDecrementTx snapshot@Snapshot{utxoToDecommit} signatures outcome =
+    case (decommitTx, utxoToDecommit) of
+      (Just tx, Just utxo) ->
+        outcome
+          <> causes
+            [ ClientEffect $
+                ServerOutput.DecommitApproved
+                  { headId
+                  , decommitTxId = txId tx
+                  , utxoToDecommit = utxo
+                  }
+            , OnChainEffect
+                { postChainTx =
+                    DecrementTx
+                      { headId
+                      , headParameters = parameters
+                      , decrementingSnapshot = ConfirmedSnapshot{snapshot, signatures}
+                      }
+                }
+            ]
+      _ -> outcome
 
   vkeys = vkey <$> parties
 
@@ -577,7 +655,225 @@ onOpenNetworkAckSn Environment{party} openState otherParty snapshotSignature sn
     , headId
     } = openState
 
-  CoordinatedHeadState{seenSnapshot, localTxs} = coordinatedHeadState
+  CoordinatedHeadState{seenSnapshot, localTxs, decommitTx, version} = coordinatedHeadState
+
+-- | Client request to decommit UTxO from the head.
+--
+-- Only possible if there is no decommit _in flight_ and if the tx applies
+-- cleanly to the local ledger state.
+--
+-- __Transition__: 'OpenState' → 'OpenState'
+onOpenClientDecommit ::
+  IsTx tx =>
+  HeadId ->
+  Ledger tx ->
+  ChainSlot ->
+  CoordinatedHeadState tx ->
+  -- | Decommit transaction.
+  tx ->
+  Outcome tx
+onOpenClientDecommit headId ledger currentSlot coordinatedHeadState decommitTx =
+  checkNoDecommitInFlight $
+    checkValidDecommitTx $
+      cause (NetworkEffect ReqDec{transaction = decommitTx})
+ where
+  checkNoDecommitInFlight continue =
+    case mExistingDecommitTx of
+      Just existingDecommitTx ->
+        cause
+          ( ClientEffect
+              ServerOutput.DecommitInvalid
+                { headId
+                , decommitTx
+                , decommitInvalidReason =
+                    ServerOutput.DecommitAlreadyInFlight
+                      { otherDecommitTxId = txId existingDecommitTx
+                      }
+                }
+          )
+      Nothing -> continue
+
+  checkValidDecommitTx cont =
+    case applyTransactions ledger currentSlot localUTxO [decommitTx] of
+      Left (_, err) ->
+        cause
+          ( ClientEffect
+              ServerOutput.DecommitInvalid
+                { headId
+                , decommitTx
+                , decommitInvalidReason =
+                    ServerOutput.DecommitTxInvalid
+                      { localUTxO
+                      , validationError = err
+                      }
+                }
+          )
+      Right _ -> cont
+
+  CoordinatedHeadState{decommitTx = mExistingDecommitTx, localUTxO} = coordinatedHeadState
+
+-- | Process the request 'ReqDec' to decommit something from the Open head.
+--
+-- __Transition__: 'OpenState' → 'OpenState'
+--
+-- When node receives 'ReqDec' network message it should:
+-- - Check there is no decommit in flight:
+--   - Alter it's state to record what is to be decommitted
+--   - Issue a server output 'DecommitRequested' with the relevant utxo
+--   - Issue a 'ReqSn' since all parties need to agree in order for decommit to
+--   be taken out of a Head.
+-- - Check if we are the leader
+onOpenNetworkReqDec ::
+  IsTx tx =>
+  Environment ->
+  Ledger tx ->
+  TTL ->
+  OpenState tx ->
+  tx ->
+  Outcome tx
+onOpenNetworkReqDec env ledger ttl openState decommitTx =
+  -- TODO: require outputs(tx) ≠ ∅ to prevent decommit spam? See hydra#1502
+  -- Spec: wait txω =⊥ ∧ L̂ ◦ tx ≠ ⊥
+  waitOnApplicableDecommit $ \newLocalUTxO -> do
+    -- Spec: L̂ ← L̂ ◦ tx \ outputs(tx)
+    let decommitUTxO = utxoFromTx decommitTx
+        activeUTxO = newLocalUTxO `withoutUTxO` decommitUTxO
+    -- Spec: txω ← tx
+    newState DecommitRecorded{decommitTx, newLocalUTxO = activeUTxO}
+      <> cause
+        ( ClientEffect $
+            ServerOutput.DecommitRequested
+              { headId
+              , decommitTx = decommitTx
+              , utxoToDecommit = decommitUTxO
+              }
+        )
+      -- Spec: if ŝ = ̅S.s ∧ leader(̅S.s + 1) = i
+      --         multicast (reqSn, v, ̅S.s + 1, T̂ , txω )
+      <> maybeRequestSnapshot
+ where
+  waitOnApplicableDecommit cont =
+    case mExistingDecommitTx of
+      Nothing ->
+        case applyTransactions currentSlot localUTxO [decommitTx] of
+          Right utxo' -> cont utxo'
+          Left (_, validationError)
+            | ttl > 0 ->
+                wait $
+                  WaitOnNotApplicableDecommitTx
+                    ServerOutput.DecommitTxInvalid{localUTxO, validationError}
+            | otherwise ->
+                cause . ClientEffect $
+                  ServerOutput.DecommitInvalid
+                    { headId
+                    , decommitTx
+                    , decommitInvalidReason =
+                        ServerOutput.DecommitTxInvalid{localUTxO, validationError}
+                    }
+      Just existingDecommitTx
+        | ttl > 0 ->
+            wait $
+              WaitOnNotApplicableDecommitTx
+                DecommitAlreadyInFlight{otherDecommitTxId = txId existingDecommitTx}
+        | otherwise ->
+            cause . ClientEffect $
+              ServerOutput.DecommitInvalid
+                { headId
+                , decommitTx
+                , decommitInvalidReason =
+                    DecommitAlreadyInFlight{otherDecommitTxId = txId existingDecommitTx}
+                }
+
+  maybeRequestSnapshot =
+    if not snapshotInFlight && isLeader parameters party nextSn
+      then cause (NetworkEffect (ReqSn version nextSn (txId <$> localTxs) (Just decommitTx)))
+      else noop
+
+  Environment{party} = env
+
+  Ledger{applyTransactions} = ledger
+
+  Snapshot{number} = getSnapshot confirmedSnapshot
+
+  nextSn = number + 1
+
+  snapshotInFlight = case seenSnapshot of
+    NoSeenSnapshot -> False
+    LastSeenSnapshot{} -> False
+    RequestedSnapshot{} -> True
+    SeenSnapshot{} -> True
+
+  CoordinatedHeadState
+    { decommitTx = mExistingDecommitTx
+    , confirmedSnapshot
+    , localTxs
+    , localUTxO
+    , version
+    , seenSnapshot
+    } = coordinatedHeadState
+
+  OpenState
+    { headId
+    , parameters
+    , coordinatedHeadState
+    , currentSlot
+    } = openState
+
+-- | Observe a decrement transaction. If the outputs match the ones of the
+-- pending decommit tx, then we consider the decommit finalized, and remove the
+-- decommit tx in flight.
+--
+-- Finally, if the client observing happens to be the leader, then a new ReqSn
+-- is broadcasted.
+--
+-- __Transition__: 'OpenState' → 'OpenState'
+onOpenChainDecrementTx ::
+  IsTx tx =>
+  Environment ->
+  OpenState tx ->
+  -- | New open state version
+  SnapshotVersion ->
+  -- | Outputs removed by the decrement
+  [TxOutType tx] ->
+  Outcome tx
+onOpenChainDecrementTx Environment{party} openState newVersion distributedTxOuts =
+  -- Spec: if outputs(txω) = 𝑈ω
+  case decommitTx of
+    Nothing -> Error $ AssertionFailed "decrement observed but no decommit pending"
+    Just tx
+      | outputsOfTx tx == distributedTxOuts ->
+          -- Spec: txω ← ⊥
+          --       v  ← v
+          newState DecommitFinalized{newVersion}
+            <> cause (ClientEffect $ ServerOutput.DecommitFinalized{headId, decommitTxId = txId tx})
+            -- Spec: if ŝ = ̅S.s ∧ leader(̅S.s + 1) = i
+            --         multicast (reqSn, v, ̅S.s + 1, T̂ , txω )
+            & maybeRequestSnapshot
+      | otherwise -> Error $ AssertionFailed "decrement not matching pending decommit"
+ where
+  maybeRequestSnapshot outcome =
+    if seenSn == confirmedSn && isLeader parameters party nextSn
+      then
+        outcome
+          <> newState SnapshotRequestDecided{snapshotNumber = nextSn}
+          <> cause (NetworkEffect $ ReqSn newVersion nextSn (txId <$> localTxs) Nothing)
+      else outcome
+
+  OpenState{parameters, coordinatedHeadState, headId} = openState
+
+  CoordinatedHeadState{confirmedSnapshot, localTxs, decommitTx, seenSnapshot} = coordinatedHeadState
+
+  seenSn = seenSnapshotNumber seenSnapshot
+
+  Snapshot{number = confirmedSn} = getSnapshot confirmedSnapshot
+
+  nextSn = confirmedSn + 1
+
+isLeader :: HeadParameters -> Party -> SnapshotNumber -> Bool
+isLeader HeadParameters{parties} p sn =
+  case p `elemIndex` parties of
+    Just i -> ((fromIntegral sn - 1) `mod` length parties) == i
+    _ -> False
 
 -- ** Closing the Head
 
@@ -589,9 +885,22 @@ onOpenClientClose ::
   OpenState tx ->
   Outcome tx
 onOpenClientClose st =
-  cause OnChainEffect{postChainTx = CloseTx headId parameters confirmedSnapshot}
+  -- Spec: η ← combine(̅S.𝑈)
+  --       ηω ← combine(outputs(̅S.txω))
+  --       ξ ← ̅S.σ
+  --       postTx (close, ̅S.v, ̅S.s, η, ηω,ξ)
+  cause
+    OnChainEffect
+      { postChainTx =
+          CloseTx
+            { headId
+            , headParameters = parameters
+            , openVersion = version
+            , closingSnapshot = confirmedSnapshot
+            }
+      }
  where
-  CoordinatedHeadState{confirmedSnapshot} = coordinatedHeadState
+  CoordinatedHeadState{confirmedSnapshot, version} = coordinatedHeadState
 
   OpenState{coordinatedHeadState, headId, parameters} = st
 
@@ -611,17 +920,32 @@ onOpenChainCloseTx ::
   Outcome tx
 onOpenChainCloseTx openState newChainState closedSnapshotNumber contestationDeadline =
   newState HeadClosed{chainState = newChainState, contestationDeadline}
-    <> causes
-      ( notifyClient
-          : [ OnChainEffect
-              { postChainTx = ContestTx{headId, headParameters, confirmedSnapshot}
-              }
-            | doContest
-            ]
-      )
+    <> cause notifyClient
+    & maybePostContest
  where
-  doContest =
-    number (getSnapshot confirmedSnapshot) > closedSnapshotNumber
+  maybePostContest outcome =
+    -- Spec: if ̅S.s > sc
+    if number (getSnapshot confirmedSnapshot) > closedSnapshotNumber
+      then
+        outcome
+          -- XXX: As we use 'version' in the contest here, this is implies
+          -- that our last 'confirmedSnapshot' must match version or
+          -- version-1. Assert this fact?
+          -- Spec: η ← combine(̅S.𝑈)
+          --       ηω ← combine(outputs(̅S.txω))
+          --       ξ ← ̅S.σ
+          --       postTx (contest, ̅S.v, ̅S.s, η, ηω, ξ)
+          <> cause
+            OnChainEffect
+              { postChainTx =
+                  ContestTx
+                    { headId
+                    , headParameters
+                    , openVersion = version
+                    , contestingSnapshot = confirmedSnapshot
+                    }
+              }
+      else outcome
 
   notifyClient =
     ClientEffect $
@@ -631,7 +955,7 @@ onOpenChainCloseTx openState newChainState closedSnapshotNumber contestationDead
         , contestationDeadline
         }
 
-  CoordinatedHeadState{confirmedSnapshot} = coordinatedHeadState
+  CoordinatedHeadState{confirmedSnapshot, version} = coordinatedHeadState
 
   OpenState{parameters = headParameters, headId, coordinatedHeadState} = openState
 
@@ -650,9 +974,26 @@ onClosedChainContestTx ::
 onClosedChainContestTx closedState newChainState snapshotNumber contestationDeadline =
   newState HeadContested{chainState = newChainState, contestationDeadline}
     <> if
-      | snapshotNumber < number (getSnapshot confirmedSnapshot) ->
+      | -- Spec: if ̅S.s > sc
+        number (getSnapshot confirmedSnapshot) > snapshotNumber ->
           cause notifyClients
-            <> cause OnChainEffect{postChainTx = ContestTx{headId, headParameters, confirmedSnapshot}}
+            -- XXX: As we use 'version' in the contest here, this is implies
+            -- that our last 'confirmedSnapshot' must match version or
+            -- version-1. Assert this fact?
+            -- Spec: η ← combine(̅S.𝑈)
+            --       ηω ← combine(outputs(̅S.txω))
+            --       ξ ← ̅S.σ
+            --       postTx (contest, ̅S.v, ̅S.s, η, ηω, ξ)
+            <> cause
+              OnChainEffect
+                { postChainTx =
+                    ContestTx
+                      { headId
+                      , headParameters
+                      , openVersion = version
+                      , contestingSnapshot = confirmedSnapshot
+                      }
+                }
       | snapshotNumber > number (getSnapshot confirmedSnapshot) ->
           -- TODO: A more recent snapshot number was succesfully contested, we will
           -- not be able to fanout! We might want to communicate that to the client!
@@ -668,21 +1009,34 @@ onClosedChainContestTx closedState newChainState snapshotNumber contestationDead
         , contestationDeadline
         }
 
-  ClosedState{parameters = headParameters, confirmedSnapshot, headId} = closedState
+  ClosedState{parameters = headParameters, confirmedSnapshot, headId, version} = closedState
 
 -- | Client request to fanout leads to a fanout transaction on chain using the
 -- latest confirmed snapshot from 'ClosedState'.
 --
 -- __Transition__: 'ClosedState' → 'ClosedState'
 onClosedClientFanout ::
+  Monoid (UTxOType tx) =>
   ClosedState tx ->
   Outcome tx
 onClosedClientFanout closedState =
-  cause OnChainEffect{postChainTx = FanoutTx{utxo, headSeed, contestationDeadline}}
+  cause
+    OnChainEffect
+      { postChainTx =
+          FanoutTx
+            { utxo
+            , utxoToDecommit =
+                if toInteger snapshotVersion == max (toInteger version - 1) 0
+                  then mempty
+                  else utxoToDecommit
+            , headSeed
+            , contestationDeadline
+            }
+      }
  where
-  Snapshot{utxo} = getSnapshot confirmedSnapshot
+  Snapshot{utxo, utxoToDecommit, version = snapshotVersion} = getSnapshot confirmedSnapshot
 
-  ClosedState{headSeed, confirmedSnapshot, contestationDeadline} = closedState
+  ClosedState{headSeed, confirmedSnapshot, contestationDeadline, version} = closedState
 
 -- | Observe a fanout transaction by finalize the head state and notifying
 -- clients about it.
@@ -740,11 +1094,9 @@ update env ledger st ev = case (st, ev) of
     onOpenClientNewTx tx
   (Open openState, NetworkInput ttl (ReceivedMessage{msg = ReqTx tx})) ->
     onOpenNetworkReqTx env ledger openState ttl tx
-  (Open openState, NetworkInput _ (ReceivedMessage{sender, msg = ReqSn sn txIds})) ->
-    -- XXX: ttl == 0 not handled for ReqSn
-    onOpenNetworkReqSn env ledger openState sender sn txIds
+  (Open openState, NetworkInput _ (ReceivedMessage{sender, msg = ReqSn sv sn txIds decommitTx})) ->
+    onOpenNetworkReqSn env ledger openState sender sv sn txIds decommitTx
   (Open openState, NetworkInput _ (ReceivedMessage{sender, msg = AckSn snapshotSignature sn})) ->
-    -- XXX: ttl == 0 not handled for AckSn
     onOpenNetworkAckSn env openState sender snapshotSignature sn
   ( Open openState@OpenState{headId = ourHeadId}
     , ChainInput Observation{observedTx = OnCloseTx{headId, snapshotNumber = closedSnapshotNumber, contestationDeadline}, newChainState}
@@ -761,6 +1113,16 @@ update env ledger st ev = case (st, ev) of
   -- another party likely opened the head before us and it's okay to ignore.
   (Open{}, ChainInput PostTxError{postChainTx = CollectComTx{}}) ->
     noop
+  (Open OpenState{headId, coordinatedHeadState, currentSlot}, ClientInput Decommit{decommitTx}) -> do
+    onOpenClientDecommit headId ledger currentSlot coordinatedHeadState decommitTx
+  (Open openState, NetworkInput ttl (ReceivedMessage{msg = ReqDec{transaction}})) ->
+    onOpenNetworkReqDec env ledger ttl openState transaction
+  (Open openState@OpenState{headId = ourHeadId}, ChainInput Observation{observedTx = OnDecrementTx{headId, newVersion, distributedOutputs}})
+    -- TODO: What happens if observed decrement tx get's rolled back?
+    | ourHeadId == headId ->
+        onOpenChainDecrementTx env openState newVersion distributedOutputs
+    | otherwise ->
+        Error NotOurHead{ourHeadId, otherHeadId = headId}
   -- Closed
   (Closed closedState@ClosedState{headId = ourHeadId}, ChainInput Observation{observedTx = OnContestTx{headId, snapshotNumber, contestationDeadline}, newChainState})
     | ourHeadId == headId ->
@@ -827,7 +1189,6 @@ aggregate st = \case
         Open
           os
             { coordinatedHeadState =
-                -- Spec: Tall ← ̂Tall ∪ { (hash(tx), tx) }
                 coordinatedHeadState
                   { allTxs = allTxs <> fromList [(txId tx, tx)]
                   }
@@ -849,6 +1210,18 @@ aggregate st = \case
        where
         CoordinatedHeadState{localTxs} = coordinatedHeadState
       _otherState -> st
+  DecommitRecorded{decommitTx, newLocalUTxO} -> case st of
+    Open
+      os@OpenState{coordinatedHeadState} ->
+        Open
+          os
+            { coordinatedHeadState =
+                coordinatedHeadState
+                  { localUTxO = newLocalUTxO
+                  , decommitTx = Just decommitTx
+                  }
+            }
+    _otherState -> st
   SnapshotRequestDecided{snapshotNumber} ->
     case st of
       Open os@OpenState{coordinatedHeadState} ->
@@ -895,6 +1268,7 @@ aggregate st = \case
           , coordinatedHeadState =
             CoordinatedHeadState
               { confirmedSnapshot
+              , version
               }
           , headId
           , headSeed
@@ -908,11 +1282,12 @@ aggregate st = \case
               , chainState
               , headId
               , headSeed
+              , version
               }
       _otherState -> st
   HeadContested{chainState, contestationDeadline} ->
     case st of
-      Closed ClosedState{parameters, confirmedSnapshot, readyToFanoutSent, headId, headSeed} ->
+      Closed ClosedState{parameters, confirmedSnapshot, readyToFanoutSent, headId, headSeed, version} ->
         Closed
           ClosedState
             { parameters
@@ -922,6 +1297,7 @@ aggregate st = \case
             , chainState
             , headId
             , headSeed
+            , version
             }
       _otherState -> st
   HeadFannedOut{chainState} ->
@@ -945,6 +1321,8 @@ aggregate st = \case
                   , localTxs = mempty
                   , confirmedSnapshot = InitialSnapshot{headId, initialUTxO}
                   , seenSnapshot = NoSeenSnapshot
+                  , decommitTx = Nothing
+                  , version = 0
                   }
             , chainState
             , headId
@@ -970,24 +1348,40 @@ aggregate st = \case
        where
         Snapshot{number} = snapshot
       _otherState -> st
-  PartySignedSnapshot{snapshot, party, signature} ->
+  PartySignedSnapshot{party, signature} ->
     case st of
       Open
         os@OpenState
           { coordinatedHeadState =
             chs@CoordinatedHeadState
-              { seenSnapshot = SeenSnapshot{signatories}
+              { seenSnapshot = ss@SeenSnapshot{signatories}
               }
           } ->
           Open
             os
               { coordinatedHeadState =
-                  chs{seenSnapshot = SeenSnapshot snapshot sigs}
+                  chs
+                    { seenSnapshot =
+                        ss
+                          { signatories = Map.insert party signature signatories
+                          }
+                    }
+              }
+      _otherState -> st
+  DecommitFinalized{newVersion} ->
+    case st of
+      Open
+        os@OpenState{coordinatedHeadState} ->
+          Open
+            os
+              { coordinatedHeadState =
+                  coordinatedHeadState
+                    { decommitTx = Nothing
+                    , version = newVersion
+                    }
               }
-         where
-          sigs = Map.insert party signature signatories
       _otherState -> st
-  HeadIsReadyToFanout{} ->
+  HeadIsReadyToFanout ->
     case st of
       Closed cst -> Closed cst{readyToFanoutSent = True}
       _otherState -> st
@@ -1025,11 +1419,13 @@ recoverChainStateHistory initialChainState =
     HeadAborted{chainState} -> pushNewState chainState history
     HeadOpened{chainState} -> pushNewState chainState history
     TransactionAppliedToLocalUTxO{} -> history
+    DecommitRecorded{} -> history
     SnapshotRequestDecided{} -> history
     SnapshotRequested{} -> history
     TransactionReceived{} -> history
     PartySignedSnapshot{} -> history
     SnapshotConfirmed{} -> history
+    DecommitFinalized{} -> history
     HeadClosed{chainState} -> pushNewState chainState history
     HeadContested{chainState} -> pushNewState chainState history
     HeadIsReadyToFanout{} -> history
diff --git a/hydra-node/src/Hydra/HeadLogic/Error.hs b/hydra-node/src/Hydra/HeadLogic/Error.hs
index 2a90f67b3c5..9c56c40f5c6 100644
--- a/hydra-node/src/Hydra/HeadLogic/Error.hs
+++ b/hydra-node/src/Hydra/HeadLogic/Error.hs
@@ -11,11 +11,12 @@ import Hydra.HeadLogic.Input (Input)
 import Hydra.HeadLogic.State (HeadState)
 import Hydra.Ledger (IsTx (TxIdType), ValidationError)
 import Hydra.Party (Party)
-import Hydra.Snapshot (SnapshotNumber)
+import Hydra.Snapshot (SnapshotNumber, SnapshotVersion)
 
 data LogicError tx
   = UnhandledInput {input :: Input tx, currentHeadState :: HeadState tx}
   | RequireFailed {requirementFailure :: RequirementFailure tx}
+  | AssertionFailed {message :: Text}
   | NotOurHead {ourHeadId :: HeadId, otherHeadId :: HeadId}
   deriving stock (Generic)
 
@@ -32,6 +33,7 @@ deriving anyclass instance (FromJSON (HeadState tx), FromJSON (Input tx), FromJS
 
 data RequirementFailure tx
   = ReqSnNumberInvalid {requestedSn :: SnapshotNumber, lastSeenSn :: SnapshotNumber}
+  | ReqSvNumberInvalid {requestedSv :: SnapshotVersion, lastSeenSv :: SnapshotVersion}
   | ReqSnNotLeader {requestedSn :: SnapshotNumber, leader :: Party}
   | InvalidMultisignature {multisig :: Text, vkeys :: [VerificationKey HydraKey]}
   | SnapshotAlreadySigned {knownSignatures :: [Party], receivedSignature :: Party}
diff --git a/hydra-node/src/Hydra/HeadLogic/Outcome.hs b/hydra-node/src/Hydra/HeadLogic/Outcome.hs
index 94447802419..f2d15ec778e 100644
--- a/hydra-node/src/Hydra/HeadLogic/Outcome.hs
+++ b/hydra-node/src/Hydra/HeadLogic/Outcome.hs
@@ -5,7 +5,7 @@ module Hydra.HeadLogic.Outcome where
 
 import Hydra.Prelude
 
-import Hydra.API.ServerOutput (ServerOutput)
+import Hydra.API.ServerOutput (DecommitInvalidReason, ServerOutput)
 import Hydra.Chain (ChainStateType, HeadParameters, IsChainState, PostChainTx, mkHeadParameters)
 import Hydra.Crypto (MultiSignature, Signature)
 import Hydra.Environment (Environment (..))
@@ -15,7 +15,7 @@ import Hydra.HeadLogic.State (HeadState)
 import Hydra.Ledger (ChainSlot, IsTx, TxIdType, UTxOType, ValidationError)
 import Hydra.Network.Message (Message)
 import Hydra.Party (Party)
-import Hydra.Snapshot (Snapshot, SnapshotNumber)
+import Hydra.Snapshot (Snapshot, SnapshotNumber, SnapshotVersion)
 import Test.QuickCheck (oneof)
 
 -- | Analogous to inputs, the pure head logic "core" can have effects emited to
@@ -54,10 +54,12 @@ data StateChanged tx
       }
   | HeadAborted {chainState :: ChainStateType tx}
   | HeadOpened {chainState :: ChainStateType tx, initialUTxO :: UTxOType tx}
+  | TransactionReceived {tx :: tx}
   | TransactionAppliedToLocalUTxO
       { tx :: tx
       , newLocalUTxO :: UTxOType tx
       }
+  | DecommitRecorded {decommitTx :: tx, newLocalUTxO :: UTxOType tx}
   | SnapshotRequestDecided {snapshotNumber :: SnapshotNumber}
   | -- | A snapshot was requested by some party.
     -- NOTE: We deliberately already include an updated local ledger state to
@@ -68,7 +70,7 @@ data StateChanged tx
       , newLocalUTxO :: UTxOType tx
       , newLocalTxs :: [tx]
       }
-  | TransactionReceived {tx :: tx}
+  | DecommitFinalized {newVersion :: SnapshotVersion}
   | PartySignedSnapshot {snapshot :: Snapshot tx, party :: Party, signature :: Signature (Snapshot tx)}
   | SnapshotConfirmed {snapshot :: Snapshot tx, signatures :: MultiSignature (Snapshot tx)}
   | HeadClosed {chainState :: ChainStateType tx, contestationDeadline :: UTCTime}
@@ -94,12 +96,14 @@ genStateChanged env =
     , CommittedUTxO party <$> arbitrary <*> arbitrary
     , HeadAborted <$> arbitrary
     , HeadOpened <$> arbitrary <*> arbitrary
+    , TransactionReceived <$> arbitrary
     , TransactionAppliedToLocalUTxO <$> arbitrary <*> arbitrary
+    , DecommitRecorded <$> arbitrary <*> arbitrary
     , SnapshotRequestDecided <$> arbitrary
     , SnapshotRequested <$> arbitrary <*> arbitrary <*> arbitrary <*> arbitrary
-    , TransactionReceived <$> arbitrary
     , PartySignedSnapshot <$> arbitrary <*> arbitrary <*> arbitrary
     , SnapshotConfirmed <$> arbitrary <*> arbitrary
+    , DecommitFinalized <$> arbitrary
     , HeadClosed <$> arbitrary <*> arbitrary
     , HeadContested <$> arbitrary <*> arbitrary
     , pure HeadIsReadyToFanout
@@ -156,6 +160,7 @@ data WaitReason tx
   | WaitOnSeenSnapshot
   | WaitOnTxs {waitingForTxIds :: [TxIdType tx]}
   | WaitOnContestationDeadline
+  | WaitOnNotApplicableDecommitTx {notApplicableReason :: DecommitInvalidReason tx}
   deriving stock (Generic)
 
 deriving stock instance IsTx tx => Eq (WaitReason tx)
diff --git a/hydra-node/src/Hydra/HeadLogic/SnapshotOutcome.hs b/hydra-node/src/Hydra/HeadLogic/SnapshotOutcome.hs
deleted file mode 100644
index 3dd3f3a281b..00000000000
--- a/hydra-node/src/Hydra/HeadLogic/SnapshotOutcome.hs
+++ /dev/null
@@ -1,26 +0,0 @@
-module Hydra.HeadLogic.SnapshotOutcome where
-
-import Data.List (elemIndex)
-import Hydra.Chain (HeadParameters (..))
-import Hydra.Party (Party)
-import Hydra.Prelude
-import Hydra.Snapshot (SnapshotNumber)
-
--- * Snapshot helper functions
-
-data SnapshotOutcome tx
-  = ShouldSnapshot SnapshotNumber [tx] -- TODO(AB) : should really be a Set (TxId tx)
-  | ShouldNotSnapshot NoSnapshotReason
-  deriving stock (Eq, Show, Generic)
-
-data NoSnapshotReason
-  = NotLeader SnapshotNumber
-  | SnapshotInFlight SnapshotNumber
-  | NoTransactionsToSnapshot
-  deriving stock (Eq, Show, Generic)
-
-isLeader :: HeadParameters -> Party -> SnapshotNumber -> Bool
-isLeader HeadParameters{parties} p sn =
-  case p `elemIndex` parties of
-    Just i -> ((fromIntegral sn - 1) `mod` length parties) == i
-    _ -> False
diff --git a/hydra-node/src/Hydra/HeadLogic/State.hs b/hydra-node/src/Hydra/HeadLogic/State.hs
index 1b68dad67aa..b52aa21b651 100644
--- a/hydra-node/src/Hydra/HeadLogic/State.hs
+++ b/hydra-node/src/Hydra/HeadLogic/State.hs
@@ -12,7 +12,7 @@ import Hydra.Crypto (Signature)
 import Hydra.HeadId (HeadId, HeadSeed)
 import Hydra.Ledger (ChainSlot, IsTx (..))
 import Hydra.Party (Party)
-import Hydra.Snapshot (ConfirmedSnapshot, Snapshot (..), SnapshotNumber)
+import Hydra.Snapshot (ConfirmedSnapshot, Snapshot (..), SnapshotNumber, SnapshotVersion)
 
 -- | The main state of the Hydra protocol state machine. It holds both, the
 -- overall protocol state, but also the off-chain 'CoordinatedHeadState'.
@@ -144,9 +144,13 @@ data CoordinatedHeadState tx = CoordinatedHeadState
   -- ^ Map containing all the transactions ever seen by this node and not yet
   -- included in a snapshot. Spec: Tall
   , confirmedSnapshot :: ConfirmedSnapshot tx
-  -- ^ The latest confirmed snapshot. Spec: U̅, s̅ and σ̅
+  -- ^ The latest confirmed snapshot. Spec: S̅
   , seenSnapshot :: SeenSnapshot tx
   -- ^ Last seen snapshot and signatures accumulator. Spec: Û, ŝ and Σ̂
+  , decommitTx :: Maybe tx
+  -- ^ Pending decommit transaction. Spec: txω
+  , version :: SnapshotVersion
+  -- ^ Last seen open state version. Spec: ̂v
   }
   deriving stock (Generic)
 
@@ -208,6 +212,7 @@ data ClosedState tx = ClosedState
   , chainState :: ChainStateType tx
   , headId :: HeadId
   , headSeed :: HeadSeed
+  , version :: SnapshotVersion
   }
   deriving stock (Generic)
 
@@ -226,3 +231,4 @@ instance (IsTx tx, Arbitrary (ChainStateType tx)) => Arbitrary (ClosedState tx)
       <*> arbitrary
       <*> arbitrary
       <*> arbitrary
+      <*> arbitrary
diff --git a/hydra-node/src/Hydra/Ledger.hs b/hydra-node/src/Hydra/Ledger.hs
index 82549c154d6..6a2c27e9a99 100644
--- a/hydra-node/src/Hydra/Ledger.hs
+++ b/hydra-node/src/Hydra/Ledger.hs
@@ -1,4 +1,5 @@
 {-# LANGUAGE AllowAmbiguousTypes #-}
+{-# LANGUAGE TypeFamilyDependencies #-}
 
 module Hydra.Ledger where
 
@@ -29,20 +30,27 @@ class
   , ToCBOR (TxIdType tx)
   , FromJSONKey (TxIdType tx)
   , ToJSONKey (TxIdType tx)
+  , --
+    Eq (TxOutType tx)
+  , Show (TxOutType tx)
+  , Arbitrary (TxOutType tx)
+  , ToJSON (TxOutType tx)
+  , FromJSON (TxOutType tx)
   , --
     Eq (UTxOType tx)
   , Show (UTxOType tx)
   , Arbitrary (UTxOType tx)
-  , FromJSON (UTxOType tx)
   , Monoid (UTxOType tx)
+  , FromJSON (UTxOType tx)
   , ToJSON (UTxOType tx)
   , FromCBOR (UTxOType tx)
   , ToCBOR (UTxOType tx)
   ) =>
   IsTx tx
   where
-  type UTxOType tx
   type TxIdType tx
+  type TxOutType tx = out | out -> tx
+  type UTxOType tx = utxo | utxo -> tx
   type ValueType tx
 
   -- XXX(SN): this name easily conflicts
@@ -54,6 +62,19 @@ class
 
   txSpendingUTxO :: UTxOType tx -> tx
 
+  -- | Get the UTxO produced by given transaction.
+  utxoFromTx :: tx -> UTxOType tx
+
+  -- | Get only the outputs in given UTxO.
+  outputsOfUTxO :: UTxOType tx -> [TxOutType tx]
+
+  -- | Return the left-hand side without the right-hand side.
+  withoutUTxO :: UTxOType tx -> UTxOType tx -> UTxOType tx
+
+-- | Get outputs of a transaction.
+outputsOfTx :: IsTx tx => tx -> [TxOutType tx]
+outputsOfTx = outputsOfUTxO . utxoFromTx
+
 -- | A generic description for a chain slot all implementions need to use.
 newtype ChainSlot = ChainSlot Natural
   deriving stock (Ord, Eq, Show, Generic)
diff --git a/hydra-node/src/Hydra/Ledger/Cardano.hs b/hydra-node/src/Hydra/Ledger/Cardano.hs
index 5cce5801b33..4b6c36f7953 100644
--- a/hydra-node/src/Hydra/Ledger/Cardano.hs
+++ b/hydra-node/src/Hydra/Ledger/Cardano.hs
@@ -9,7 +9,7 @@ module Hydra.Ledger.Cardano (
 
 import Hydra.Prelude
 
-import Hydra.Cardano.Api hiding (initialLedgerState)
+import Hydra.Cardano.Api hiding (initialLedgerState, utxoFromTx)
 import Hydra.Ledger.Cardano.Builder
 
 import Cardano.Api.UTxO (fromPairs, pairs)
@@ -42,6 +42,7 @@ import Data.Map.Strict qualified as Map
 import Data.Maybe (fromJust)
 import Data.Text.Lazy.Builder (toLazyText)
 import Formatting.Buildable (build)
+import Hydra.Cardano.Api.UTxO qualified as Api
 import Hydra.Contract.Head qualified as Head
 import Hydra.Ledger (ChainSlot (..), IsTx (..), Ledger (..), ValidationError (..))
 import PlutusLedgerApi.V2 (fromBuiltin)
@@ -108,6 +109,7 @@ fromChainSlot (ChainSlot s) = fromIntegral s
 
 instance IsTx Tx where
   type TxIdType Tx = TxId
+  type TxOutType Tx = TxOut CtxUTxO
   type UTxOType Tx = UTxO
   type ValueType Tx = Value
 
@@ -119,6 +121,12 @@ instance IsTx Tx where
 
   txSpendingUTxO = Hydra.Cardano.Api.txSpendingUTxO
 
+  utxoFromTx = Api.utxoFromTx
+
+  outputsOfUTxO = toList
+
+  withoutUTxO = UTxO.difference
+
 instance ToCBOR Tx where
   toCBOR = CBOR.encodeBytes . serialize' ledgerEraVersion . toLedgerTx
 
diff --git a/hydra-node/src/Hydra/Ledger/Simple.hs b/hydra-node/src/Hydra/Ledger/Simple.hs
index 853e5c3ff61..f74c6d47a26 100644
--- a/hydra-node/src/Hydra/Ledger/Simple.hs
+++ b/hydra-node/src/Hydra/Ledger/Simple.hs
@@ -45,13 +45,17 @@ data SimpleTx = SimpleTx
 type SimpleId = Integer
 
 instance IsTx SimpleTx where
-  type UTxOType SimpleTx = Set SimpleTxIn
   type TxIdType SimpleTx = SimpleId
+  type TxOutType SimpleTx = SimpleTxOut
+  type UTxOType SimpleTx = Set SimpleTxOut
   type ValueType SimpleTx = Int
 
   txId (SimpleTx tid _ _) = tid
   balance = Set.size
-  hashUTxO = toStrict . foldMap (serialise . unSimpleTxIn)
+  hashUTxO = toStrict . foldMap (serialise . unSimpleTxOut)
+  utxoFromTx = txOutputs
+  outputsOfUTxO = toList
+  withoutUTxO = Set.difference
 
   txSpendingUTxO utxo =
     SimpleTx
@@ -108,20 +112,20 @@ instance IsChainState SimpleTx where
 -- MockTxIn
 --
 
--- | An identifier for a single output of a 'SimpleTx'.
-newtype SimpleTxIn = SimpleTxIn {unSimpleTxIn :: Integer}
+-- | A single output of a 'SimpleTx' having an integer identity and sole value.
+newtype SimpleTxOut = SimpleTxOut {unSimpleTxOut :: Integer}
   deriving stock (Generic)
   deriving newtype (Eq, Ord, Show, Num, ToJSON, FromJSON)
 
-instance Arbitrary SimpleTxIn where
+instance Arbitrary SimpleTxOut where
   shrink = genericShrink
   arbitrary = genericArbitrary
 
-instance ToCBOR SimpleTxIn where
-  toCBOR (SimpleTxIn inId) = toCBOR inId
+instance ToCBOR SimpleTxOut where
+  toCBOR (SimpleTxOut inId) = toCBOR inId
 
-instance FromCBOR SimpleTxIn where
-  fromCBOR = SimpleTxIn <$> fromCBOR
+instance FromCBOR SimpleTxOut where
+  fromCBOR = SimpleTxOut <$> fromCBOR
 
 simpleLedger :: Ledger SimpleTx
 simpleLedger =
@@ -139,10 +143,10 @@ simpleLedger =
 --
 
 utxoRef :: Integer -> UTxOType SimpleTx
-utxoRef = Set.singleton . SimpleTxIn
+utxoRef = Set.singleton . SimpleTxOut
 
 utxoRefs :: [Integer] -> UTxOType SimpleTx
-utxoRefs = Set.fromList . fmap SimpleTxIn
+utxoRefs = Set.fromList . fmap SimpleTxOut
 
 aValidTx :: Integer -> SimpleTx
 aValidTx n = SimpleTx n mempty (utxoRef n)
@@ -153,12 +157,12 @@ aValidTx n = SimpleTx n mempty (utxoRef n)
 
 listOfCommittedUTxOs :: Integer -> Gen [UTxOType SimpleTx]
 listOfCommittedUTxOs numCommits =
-  pure $ Set.singleton . SimpleTxIn <$> [1 .. numCommits]
+  pure $ Set.singleton . SimpleTxOut <$> [1 .. numCommits]
 
 genSequenceOfValidTransactions :: UTxOType SimpleTx -> Gen [SimpleTx]
 genSequenceOfValidTransactions initialUTxO = do
   n <- fromIntegral <$> getSize
-  let maxId = if Set.null initialUTxO then 0 else unSimpleTxIn (maximum initialUTxO)
+  let maxId = if Set.null initialUTxO then 0 else unSimpleTxOut (maximum initialUTxO)
   numTxs <- choose (1, n)
   foldlM newTx (maxId, initialUTxO, mempty) [1 .. numTxs] >>= \(_, _, txs) -> pure (reverse txs)
  where
@@ -170,9 +174,9 @@ genSequenceOfValidTransactions initialUTxO = do
     (newMax, ins, outs) <- genInputsAndOutputs maxId utxo
     pure (newMax, (utxo Set.\\ ins) `Set.union` outs, SimpleTx txid ins outs : txs)
 
-  genInputsAndOutputs :: Integer -> Set SimpleTxIn -> Gen (Integer, Set SimpleTxIn, Set SimpleTxIn)
+  genInputsAndOutputs :: Integer -> Set SimpleTxOut -> Gen (Integer, Set SimpleTxOut, Set SimpleTxOut)
   genInputsAndOutputs maxId utxo = do
     ins <- sublistOf (Set.toList utxo)
     numOuts <- choose (1, 10)
     let outs = fmap (+ maxId) [1 .. numOuts]
-    pure (maximum outs, Set.fromList ins, Set.fromList $ fmap SimpleTxIn outs)
+    pure (maximum outs, Set.fromList ins, Set.fromList $ fmap SimpleTxOut outs)
diff --git a/hydra-node/src/Hydra/Network/Message.hs b/hydra-node/src/Hydra/Network/Message.hs
index 6bee09e4ceb..70824376554 100644
--- a/hydra-node/src/Hydra/Network/Message.hs
+++ b/hydra-node/src/Hydra/Network/Message.hs
@@ -10,7 +10,7 @@ import Hydra.Crypto (Signature)
 import Hydra.Ledger (IsTx (TxIdType), UTxOType)
 import Hydra.Network (Host, NodeId)
 import Hydra.Party (Party)
-import Hydra.Snapshot (Snapshot, SnapshotNumber)
+import Hydra.Snapshot (Snapshot, SnapshotNumber, SnapshotVersion)
 
 data NetworkEvent msg
   = ConnectivityEvent Connectivity
@@ -67,16 +67,17 @@ instance Arbitrary Connectivity where
 
 data Message tx
   = ReqTx {transaction :: tx}
-  | ReqSn {snapshotNumber :: SnapshotNumber, transactionIds :: [TxIdType tx]}
-  | -- NOTE: We remove the party from the ackSn but, it would make sense to put it
-    -- back as the signed snapshot is tied to the party and we should not
-    -- consider which party sent this message to validate this snapshot signature.
-    -- but currently we do not validate the snapshot signature itself, which is
-    -- a problem.
-    -- When we fix that, when we check the snapshot signature, that would be a
-    -- good idea to introduce the party in AckSn again or, maybe better, only
-    -- the verification key of the party.
-    AckSn {signed :: Signature (Snapshot tx), snapshotNumber :: SnapshotNumber}
+  | ReqSn
+      { snapshotVersion :: SnapshotVersion
+      , snapshotNumber :: SnapshotNumber
+      , transactionIds :: [TxIdType tx]
+      , decommitTx :: Maybe tx
+      }
+  | AckSn
+      { signed :: Signature (Snapshot tx)
+      , snapshotNumber :: SnapshotNumber
+      }
+  | ReqDec {transaction :: tx}
   deriving stock (Generic)
 
 deriving stock instance IsTx tx => Eq (Message tx)
@@ -90,15 +91,17 @@ instance IsTx tx => Arbitrary (Message tx) where
 instance (ToCBOR tx, ToCBOR (UTxOType tx), ToCBOR (TxIdType tx)) => ToCBOR (Message tx) where
   toCBOR = \case
     ReqTx tx -> toCBOR ("ReqTx" :: Text) <> toCBOR tx
-    ReqSn sn txs -> toCBOR ("ReqSn" :: Text) <> toCBOR sn <> toCBOR txs
+    ReqSn sv sn txs decommitTx -> toCBOR ("ReqSn" :: Text) <> toCBOR sv <> toCBOR sn <> toCBOR txs <> toCBOR decommitTx
     AckSn sig sn -> toCBOR ("AckSn" :: Text) <> toCBOR sig <> toCBOR sn
+    ReqDec utxo -> toCBOR ("ReqDec" :: Text) <> toCBOR utxo
 
 instance (FromCBOR tx, FromCBOR (UTxOType tx), FromCBOR (TxIdType tx)) => FromCBOR (Message tx) where
   fromCBOR =
     fromCBOR >>= \case
       ("ReqTx" :: Text) -> ReqTx <$> fromCBOR
-      "ReqSn" -> ReqSn <$> fromCBOR <*> fromCBOR
+      "ReqSn" -> ReqSn <$> fromCBOR <*> fromCBOR <*> fromCBOR <*> fromCBOR
       "AckSn" -> AckSn <$> fromCBOR <*> fromCBOR
+      "ReqDec" -> ReqDec <$> fromCBOR
       msg -> fail $ show msg <> " is not a proper CBOR-encoded Message"
 
 instance IsTx tx => SignableRepresentation (Message tx) where
diff --git a/hydra-node/src/Hydra/Snapshot.hs b/hydra-node/src/Hydra/Snapshot.hs
index 4cda9f05251..4505f0b6b9d 100644
--- a/hydra-node/src/Hydra/Snapshot.hs
+++ b/hydra-node/src/Hydra/Snapshot.hs
@@ -7,7 +7,7 @@ import Hydra.Prelude
 
 import Cardano.Crypto.Util (SignableRepresentation (..))
 import Codec.Serialise (serialise)
-import Data.Aeson (object, withObject, (.:), (.=))
+import Data.Aeson (object, withObject, (.:), (.:?), (.=))
 import Data.ByteString.Lazy qualified as LBS
 import Hydra.Cardano.Api (SigningKey)
 import Hydra.Cardano.Api.Prelude (serialiseToRawBytes)
@@ -27,12 +27,35 @@ newtype SnapshotNumber
 instance Arbitrary SnapshotNumber where
   arbitrary = UnsafeSnapshotNumber <$> arbitrary
 
+-- NOTE: On-chain scripts ensure snapshot number does not become negative.
+fromChainSnapshotNumber :: Onchain.SnapshotNumber -> SnapshotNumber
+fromChainSnapshotNumber =
+  UnsafeSnapshotNumber . fromMaybe 0 . integerToNatural
+
+newtype SnapshotVersion
+  = UnsafeSnapshotVersion Natural
+  deriving stock (Eq, Ord, Generic)
+  deriving newtype (Show, ToJSON, FromJSON, ToCBOR, FromCBOR, Real, Num, Enum, Integral)
+
+instance Arbitrary SnapshotVersion where
+  arbitrary = UnsafeSnapshotVersion <$> arbitrary
+
+-- NOTE: On-chain scripts ensure snapshot version does not become negative.
+fromChainSnapshotVersion :: Onchain.SnapshotVersion -> SnapshotVersion
+fromChainSnapshotVersion =
+  UnsafeSnapshotVersion . fromMaybe 0 . integerToNatural
+
 data Snapshot tx = Snapshot
   { headId :: HeadId
+  , version :: SnapshotVersion
+  -- ^ Open state version this snapshot is based on.
   , number :: SnapshotNumber
-  , utxo :: UTxOType tx
+  -- ^ Monotonically increasing snapshot number.
   , confirmed :: [TxIdType tx]
+  , utxo :: UTxOType tx
   -- ^ The set of transactions that lead to 'utxo'
+  , utxoToDecommit :: Maybe (UTxOType tx)
+  -- ^ UTxO to be decommitted. Spec: Ûω
   }
   deriving stock (Generic)
 
@@ -40,47 +63,78 @@ deriving stock instance IsTx tx => Eq (Snapshot tx)
 deriving stock instance IsTx tx => Show (Snapshot tx)
 
 instance IsTx tx => ToJSON (Snapshot tx) where
-  toJSON Snapshot{headId, number, utxo, confirmed} =
+  toJSON Snapshot{headId, number, utxo, confirmed, utxoToDecommit, version} =
     object
       [ "headId" .= headId
+      , "version" .= version
       , "snapshotNumber" .= number
-      , "utxo" .= utxo
       , "confirmedTransactions" .= confirmed
+      , "utxo" .= utxo
+      , "utxoToDecommit" .= utxoToDecommit
       ]
 
 instance IsTx tx => FromJSON (Snapshot tx) where
   parseJSON = withObject "Snapshot" $ \obj ->
     Snapshot
       <$> (obj .: "headId")
+      <*> (obj .: "version")
       <*> (obj .: "snapshotNumber")
-      <*> (obj .: "utxo")
       <*> (obj .: "confirmedTransactions")
+      <*> (obj .: "utxo")
+      <*> ( obj .:? "utxoToDecommit" >>= \case
+              Nothing -> pure mempty
+              (Just utxo) -> pure utxo
+          )
 
 instance IsTx tx => Arbitrary (Snapshot tx) where
   arbitrary = genericArbitrary
 
   -- NOTE: See note on 'Arbitrary (ClientInput tx)'
-  shrink Snapshot{headId, number, utxo, confirmed} =
-    [ Snapshot headId number utxo' confirmed'
-    | utxo' <- shrink utxo
-    , confirmed' <- shrink confirmed
+  shrink Snapshot{headId, version, number, utxo, confirmed, utxoToDecommit} =
+    [ Snapshot headId version number confirmed' utxo' utxoToDecommit'
+    | confirmed' <- shrink confirmed
+    , utxo' <- shrink utxo
+    , utxoToDecommit' <- shrink utxoToDecommit
     ]
 
--- | Binary representation of snapshot signatures
--- TODO: document CDDL format, either here or on in 'Hydra.Contract.Head.verifyPartySignature'
+-- | Binary representation of snapshot signatures. That is, concatenated CBOR for
+-- 'headId', 'version', 'number', 'utxoHash' and 'utxoToDecommitHash' according
+-- to CDDL schemata:
+--
+-- headId = bytes .size 16
+-- version = uint
+-- number = uint
+-- utxoHash = bytes
+-- utxoToDecommitHash = bytes
+--
+-- where hashes are the result of applying 'hashUTxO'.
 instance forall tx. IsTx tx => SignableRepresentation (Snapshot tx) where
-  getSignableRepresentation Snapshot{number, headId, utxo} =
+  getSignableRepresentation Snapshot{headId, version, number, utxo, utxoToDecommit} =
     LBS.toStrict $
-      serialise (toData $ toBuiltin $ serialiseToRawBytes headId)
-        <> serialise (toData $ toBuiltin $ toInteger number) -- CBOR(I(integer))
-        <> serialise (toData $ toBuiltin $ hashUTxO @tx utxo) -- CBOR(B(bytestring)
+      serialise (toData . toBuiltin $ serialiseToRawBytes headId)
+        <> serialise (toData . toBuiltin $ toInteger version)
+        <> serialise (toData . toBuiltin $ toInteger number)
+        <> serialise (toData . toBuiltin $ hashUTxO @tx utxo)
+        <> serialise (toData . toBuiltin . hashUTxO @tx $ fromMaybe mempty utxoToDecommit)
 
 instance (Typeable tx, ToCBOR (UTxOType tx), ToCBOR (TxIdType tx)) => ToCBOR (Snapshot tx) where
-  toCBOR Snapshot{headId, number, utxo, confirmed} =
-    toCBOR headId <> toCBOR number <> toCBOR utxo <> toCBOR confirmed
+  toCBOR Snapshot{headId, number, utxo, confirmed, utxoToDecommit, version} =
+    toCBOR headId
+      <> toCBOR version
+      <> toCBOR number
+      <> toCBOR confirmed
+      <> toCBOR utxo
+      <> toCBOR utxoToDecommit
 
 instance (Typeable tx, FromCBOR (UTxOType tx), FromCBOR (TxIdType tx)) => FromCBOR (Snapshot tx) where
-  fromCBOR = Snapshot <$> fromCBOR <*> fromCBOR <*> fromCBOR <*> fromCBOR
+  fromCBOR =
+    Snapshot
+      <$> fromCBOR
+      <*> fromCBOR
+      <*> fromCBOR
+      <*> fromCBOR
+      <*> fromCBOR
+      <*> fromCBOR
 
 -- | A snapshot that can be used to close a head with. Either the initial one,
 -- or when it was signed by all parties, i.e. it is confirmed.
@@ -109,9 +163,11 @@ getSnapshot = \case
   InitialSnapshot{headId, initialUTxO} ->
     Snapshot
       { headId
+      , version = 0
       , number = 0
-      , utxo = initialUTxO
       , confirmed = []
+      , utxo = initialUTxO
+      , utxoToDecommit = Nothing
       }
   ConfirmedSnapshot{snapshot} -> snapshot
 
@@ -126,8 +182,9 @@ instance IsTx tx => Arbitrary (ConfirmedSnapshot tx) where
   arbitrary = do
     ks <- arbitrary
     utxo <- arbitrary
+    utxoToDecommit <- arbitrary
     headId <- arbitrary
-    genConfirmedSnapshot headId 0 utxo ks
+    genConfirmedSnapshot headId 0 0 utxo utxoToDecommit ks
 
   shrink = \case
     InitialSnapshot hid sn -> [InitialSnapshot hid sn' | sn' <- shrink sn]
@@ -136,15 +193,18 @@ instance IsTx tx => Arbitrary (ConfirmedSnapshot tx) where
 genConfirmedSnapshot ::
   IsTx tx =>
   HeadId ->
+  -- | Exact snapshot version to generate.
+  SnapshotVersion ->
   -- | The lower bound on snapshot number to generate.
   -- If this is 0, then we can generate an `InitialSnapshot` or a `ConfirmedSnapshot`.
   -- Otherwise we generate only `ConfirmedSnapshot` with a number strictly superior to
   -- this lower bound.
   SnapshotNumber ->
   UTxOType tx ->
+  Maybe (UTxOType tx) ->
   [SigningKey HydraKey] ->
   Gen (ConfirmedSnapshot tx)
-genConfirmedSnapshot headId minSn utxo sks
+genConfirmedSnapshot headId version minSn utxo utxoToDecommit sks
   | minSn > 0 = confirmedSnapshot
   | otherwise =
       frequency
@@ -159,13 +219,6 @@ genConfirmedSnapshot headId minSn utxo sks
     -- FIXME: This is another nail in the coffin to our current modeling of
     -- snapshots
     number <- arbitrary `suchThat` (> minSn)
-    let snapshot = Snapshot{headId, number, utxo, confirmed = []}
+    let snapshot = Snapshot{headId, version, number, confirmed = [], utxo, utxoToDecommit}
     let signatures = aggregate $ fmap (`sign` snapshot) sks
     pure $ ConfirmedSnapshot{snapshot, signatures}
-
-fromChainSnapshot :: Onchain.SnapshotNumber -> SnapshotNumber
-fromChainSnapshot onChainSnapshotNumber =
-  maybe
-    (error "Failed to convert on-chain SnapShotNumber to off-chain one.")
-    UnsafeSnapshotNumber
-    (integerToNatural onChainSnapshotNumber)
diff --git a/hydra-node/test/Hydra/API/HTTPServerSpec.hs b/hydra-node/test/Hydra/API/HTTPServerSpec.hs
index 2a0a8f70aca..afab288bcde 100644
--- a/hydra-node/test/Hydra/API/HTTPServerSpec.hs
+++ b/hydra-node/test/Hydra/API/HTTPServerSpec.hs
@@ -67,6 +67,20 @@ spec = do
           . nth 0
           . key "payload"
 
+    prop "Validate /decommit publish api schema" $
+      prop_validateJSONSchema @Tx "api.json" $
+        key "channels"
+          . key "/decommit"
+          . key "publish"
+          . key "message"
+
+    prop "Validate /decommit subscribe api schema" $
+      prop_validateJSONSchema @Text "api.json" $
+        key "channels"
+          . key "/decommit"
+          . key "subscribe"
+          . key "message"
+
     apiServerSpec
     describe "SubmitTxRequest accepted tx formats" $ do
       prop "accepts json encoded transaction" $
@@ -86,9 +100,10 @@ apiServerSpec :: Spec
 apiServerSpec = do
   describe "API should respond correctly" $ do
     let getNothing = pure Nothing
+    let putClientInput = const (pure ())
 
     describe "GET /protocol-parameters" $ do
-      with (return $ httpApp @SimpleTx nullTracer dummyChainHandle defaultPParams getNothing getNothing) $ do
+      with (return $ httpApp @SimpleTx nullTracer dummyChainHandle defaultPParams getNothing getNothing putClientInput) $ do
         it "matches schema" $
           withJsonSpecifications $ \schemaDir -> do
             get "/protocol-parameters"
@@ -107,7 +122,7 @@ apiServerSpec = do
     describe "GET /snapshot/utxo" $ do
       prop "responds correctly" $ \utxo -> do
         let getUTxO = pure utxo
-        withApplication (httpApp @SimpleTx nullTracer dummyChainHandle defaultPParams getNothing getUTxO) $ do
+        withApplication (httpApp @SimpleTx nullTracer dummyChainHandle defaultPParams getNothing getUTxO putClientInput) $ do
           get "/snapshot/utxo"
             `shouldRespondWith` case utxo of
               Nothing -> 404
@@ -120,7 +135,7 @@ apiServerSpec = do
           . withJsonSpecifications
           $ \schemaDir -> do
             let getUTxO = pure $ Just utxo
-            withApplication (httpApp @Tx nullTracer dummyChainHandle defaultPParams getNothing getUTxO) $ do
+            withApplication (httpApp @Tx nullTracer dummyChainHandle defaultPParams getNothing getUTxO putClientInput) $ do
               get "/snapshot/utxo"
                 `shouldRespondWith` 200
                   { matchBody =
@@ -138,7 +153,7 @@ apiServerSpec = do
                   pure $ Right tx
               }
       prop "responds on valid requests" $ \(request :: DraftCommitTxRequest Tx) ->
-        withApplication (httpApp nullTracer workingChainHandle defaultPParams getHeadId getNothing) $ do
+        withApplication (httpApp nullTracer workingChainHandle defaultPParams getHeadId getNothing putClientInput) $ do
           post "/commit" (Aeson.encode request)
             `shouldRespondWith` 200
 
@@ -160,7 +175,7 @@ apiServerSpec = do
               _ -> property
         checkCoverage $
           coverage $
-            withApplication (httpApp @Tx nullTracer (failingChainHandle postTxError) defaultPParams getHeadId getNothing) $ do
+            withApplication (httpApp @Tx nullTracer (failingChainHandle postTxError) defaultPParams getHeadId getNothing putClientInput) $ do
               post "/commit" (Aeson.encode (request :: DraftCommitTxRequest Tx))
                 `shouldRespondWith` expectedResponse
 
diff --git a/hydra-node/test/Hydra/BehaviorSpec.hs b/hydra-node/test/Hydra/BehaviorSpec.hs
index 979a0d12316..a14e5c1f05a 100644
--- a/hydra-node/test/Hydra/BehaviorSpec.hs
+++ b/hydra-node/test/Hydra/BehaviorSpec.hs
@@ -22,7 +22,7 @@ import Data.List ((!!))
 import Data.List qualified as List
 import Hydra.API.ClientInput
 import Hydra.API.Server (Server (..))
-import Hydra.API.ServerOutput (ServerOutput (..))
+import Hydra.API.ServerOutput (DecommitInvalidReason (..), ServerOutput (..))
 import Hydra.Cardano.Api (ChainPoint (..), SigningKey, SlotNo (SlotNo), Tx)
 import Hydra.Chain (
   Chain (..),
@@ -237,7 +237,7 @@ spec = parallel $ do
                 send n1 (NewTx $ aValidTx 42)
                 waitUntil [n1, n2] $ TxValid testHeadId (aValidTx 42)
 
-                let snapshot = Snapshot testHeadId 1 (utxoRefs [1, 2, 42]) [42]
+                let snapshot = Snapshot testHeadId 0 1 [42] (utxoRefs [1, 2, 42]) mempty
                     sigs = aggregate [sign aliceSk snapshot, sign bobSk snapshot]
                 waitUntil [n1] $ SnapshotConfirmed testHeadId snapshot sigs
 
@@ -297,14 +297,14 @@ spec = parallel $ do
                 -- Expect a snapshot of the firstTx transaction
                 waitUntil [n1, n2] $ TxValid testHeadId firstTx
                 waitUntil [n1, n2] $ do
-                  let snapshot = testSnapshot 1 (utxoRefs [2, 3]) [1]
+                  let snapshot = testSnapshot 1 0 [1] (utxoRefs [2, 3])
                       sigs = aggregate [sign aliceSk snapshot, sign bobSk snapshot]
                   SnapshotConfirmed testHeadId snapshot sigs
 
                 -- Expect a snapshot of the now unblocked secondTx
                 waitUntil [n1, n2] $ TxValid testHeadId secondTx
                 waitUntil [n1, n2] $ do
-                  let snapshot = testSnapshot 2 (utxoRefs [2, 4]) [2]
+                  let snapshot = testSnapshot 2 0 [2] (utxoRefs [2, 4])
                       sigs = aggregate [sign aliceSk snapshot, sign bobSk snapshot]
                   SnapshotConfirmed testHeadId snapshot sigs
 
@@ -348,7 +348,7 @@ spec = parallel $ do
                 send n1 (NewTx tx')
                 send n2 (NewTx tx'')
                 waitUntil [n1, n2] $ do
-                  let snapshot = testSnapshot 1 (utxoRefs [2, 10]) [1]
+                  let snapshot = testSnapshot 1 0 [1] (utxoRefs [2, 10])
                       sigs = aggregate [sign aliceSk snapshot, sign bobSk snapshot]
                   SnapshotConfirmed testHeadId snapshot sigs
                 waitUntilMatch [n1, n2] $ \case
@@ -364,7 +364,7 @@ spec = parallel $ do
                 let newTx = (aValidTx 42){txInputs = utxoRefs [1]}
                 send n1 (NewTx newTx)
 
-                let snapshot = testSnapshot 1 (utxoRefs [2, 42]) [42]
+                let snapshot = testSnapshot 1 0 [42] (utxoRefs [2, 42])
                     sigs = aggregate [sign aliceSk snapshot, sign bobSk snapshot]
 
                 waitUntil [n1, n2] $ SnapshotConfirmed testHeadId snapshot sigs
@@ -373,6 +373,102 @@ spec = parallel $ do
 
                 waitUntil [n1] $ GetUTxOResponse testHeadId (utxoRefs [2, 42])
 
+      it "can request decommit" $
+        shouldRunInSim $ do
+          withSimulatedChainAndNetwork $ \chain ->
+            withHydraNode aliceSk [bob] chain $ \n1 ->
+              withHydraNode bobSk [alice] chain $ \n2 -> do
+                openHead chain n1 n2
+
+                let decommitTx = aValidTx 42
+                send n1 (Decommit decommitTx)
+                waitUntil [n1, n2] $
+                  DecommitRequested{headId = testHeadId, decommitTx, utxoToDecommit = utxoRefs [42]}
+
+      it "requested decommits get approved" $
+        shouldRunInSim $ do
+          withSimulatedChainAndNetwork $ \chain ->
+            withHydraNode aliceSk [bob] chain $ \n1 ->
+              withHydraNode bobSk [alice] chain $ \n2 -> do
+                openHead chain n1 n2
+                let decommitTx = SimpleTx 1 (utxoRef 1) (utxoRef 42)
+                send n2 (Decommit decommitTx)
+                waitUntil [n1, n2] $
+                  DecommitRequested{headId = testHeadId, decommitTx, utxoToDecommit = utxoRefs [42]}
+
+                waitUntilMatch [n1] $
+                  \case
+                    SnapshotConfirmed{snapshot = Snapshot{utxoToDecommit}} ->
+                      maybe False (42 `member`) utxoToDecommit
+                    _ -> False
+
+                waitUntil [n1, n2] $ DecommitApproved testHeadId (txId decommitTx) (utxoRefs [42])
+                waitUntil [n1, n2] $ DecommitFinalized testHeadId (txId decommitTx)
+
+                send n1 GetUTxO
+                waitUntilMatch [n1] $
+                  \case
+                    GetUTxOResponse{headId, utxo} -> headId == testHeadId && not (member 42 utxo)
+                    _ -> False
+
+      it "can only process one decommit at once" $
+        shouldRunInSim $ do
+          withSimulatedChainAndNetwork $ \chain ->
+            withHydraNode aliceSk [bob] chain $ \n1 ->
+              withHydraNode bobSk [alice] chain $ \n2 -> do
+                openHead chain n1 n2
+                let decommitTx1 = SimpleTx 1 (utxoRef 1) (utxoRef 42)
+                send n2 (Decommit{decommitTx = decommitTx1})
+                waitUntil [n1, n2] $
+                  DecommitRequested{headId = testHeadId, decommitTx = decommitTx1, utxoToDecommit = utxoRefs [42]}
+
+                let decommitTx2 = SimpleTx 2 (utxoRef 2) (utxoRef 22)
+                send n1 (Decommit{decommitTx = decommitTx2})
+                waitUntil [n1] $
+                  DecommitInvalid
+                    { headId = testHeadId
+                    , decommitTx = decommitTx2
+                    , decommitInvalidReason = DecommitAlreadyInFlight{otherDecommitTxId = txId decommitTx1}
+                    }
+
+                waitUntil [n1, n2] $ DecommitFinalized{headId = testHeadId, decommitTxId = txId decommitTx1}
+
+                send n1 (Decommit{decommitTx = decommitTx2})
+                waitUntil [n1, n2] $ DecommitApproved{headId = testHeadId, decommitTxId = txId decommitTx2, utxoToDecommit = utxoRefs [22]}
+                waitUntil [n1, n2] $ DecommitFinalized{headId = testHeadId, decommitTxId = txId decommitTx2}
+
+    it "can close with decommit in flight" $
+      shouldRunInSim $ do
+        withSimulatedChainAndNetwork $ \chain ->
+          withHydraNode aliceSk [bob] chain $ \n1 -> do
+            withHydraNode bobSk [alice] chain $ \n2 -> do
+              openHead chain n1 n2
+              let decommitTx = SimpleTx 1 (utxoRef 2) (utxoRef 42)
+              send n2 (Decommit{decommitTx})
+              send n1 Close
+              waitUntil [n1, n2] $ ReadyToFanout{headId = testHeadId}
+              send n1 Fanout
+              waitUntil [n1, n2] $ HeadIsFinalized{headId = testHeadId, utxo = utxoRefs [1, 2]}
+
+    it "fanout utxo is correct after a decommit" $
+      shouldRunInSim $ do
+        withSimulatedChainAndNetwork $ \chain ->
+          withHydraNode aliceSk [bob] chain $ \n1 -> do
+            withHydraNode bobSk [alice] chain $ \n2 -> do
+              openHead chain n1 n2
+              let decommitTx = SimpleTx 1 (utxoRef 1) (utxoRef 42)
+              send n2 (Decommit{decommitTx})
+              waitUntil [n1, n2] $
+                DecommitApproved
+                  { headId = testHeadId
+                  , decommitTxId = txId decommitTx
+                  , utxoToDecommit = utxoRefs [42]
+                  }
+              send n1 Close
+              waitUntil [n1, n2] $ ReadyToFanout{headId = testHeadId}
+              send n1 Fanout
+              waitUntil [n1, n2] $ HeadIsFinalized{headId = testHeadId, utxo = utxoRefs [2]}
+
     it "can be finalized by all parties after contestation period" $
       shouldRunInSim $ do
         withSimulatedChainAndNetwork $ \chain ->
@@ -491,17 +587,28 @@ waitUntil nodes expected =
 -- years before - but we since we are having the protocol produce 'Tick' events
 -- constantly this would be fully simulated to the end.
 waitUntilMatch ::
-  (HasCallStack, MonadThrow m, MonadAsync m, MonadTimer m) =>
+  (Show (ServerOutput tx), HasCallStack, MonadThrow m, MonadAsync m, MonadTimer m) =>
   [TestHydraClient tx m] ->
   (ServerOutput tx -> Bool) ->
   m ()
-waitUntilMatch nodes predicate =
-  failAfter oneMonth $
-    forConcurrently_ nodes go
+waitUntilMatch nodes predicate = do
+  seenMsgs <- newTVarIO []
+  timeout oneMonth (forConcurrently_ nodes $ match seenMsgs) >>= \case
+    Just x -> pure x
+    Nothing -> do
+      msgs <- readTVarIO seenMsgs
+      failure $
+        toString $
+          unlines
+            [ "waitUntilMatch did not match a message within " <> show oneMonth
+            , unlines (show <$> msgs)
+            ]
  where
-  go n = do
-    next <- waitForNext n
-    unless (predicate next) $ go n
+  match seenMsgs n = do
+    msg <- waitForNext n
+    atomically (modifyTVar' seenMsgs (msg :))
+    unless (predicate msg) $
+      match seenMsgs n
 
   oneMonth = 3600 * 24 * 30
 
@@ -693,7 +800,7 @@ createMockNetwork node nodes =
 -- | Derive an 'OnChainTx' from 'PostChainTx' to simulate a "perfect" chain.
 -- NOTE: This implementation announces hard-coded contestationDeadlines. Also,
 -- all heads will have the same 'headId' and 'headSeed'.
-toOnChainTx :: UTCTime -> PostChainTx tx -> OnChainTx tx
+toOnChainTx :: IsTx tx => UTCTime -> PostChainTx tx -> OnChainTx tx
 toOnChainTx now = \case
   InitTx{participants, headParameters} ->
     OnInitTx{headId = testHeadId, headSeed = testHeadSeed, headParameters, participants}
@@ -701,16 +808,24 @@ toOnChainTx now = \case
     OnAbortTx{headId = testHeadId}
   CollectComTx{headId} ->
     OnCollectComTx{headId}
-  CloseTx{confirmedSnapshot} ->
+  DecrementTx{headId, decrementingSnapshot} ->
+    OnDecrementTx
+      { headId
+      , newVersion = version
+      , distributedOutputs = maybe mempty outputsOfUTxO utxoToDecommit
+      }
+   where
+    Snapshot{version, utxoToDecommit} = getSnapshot decrementingSnapshot
+  CloseTx{closingSnapshot} ->
     OnCloseTx
       { headId = testHeadId
-      , snapshotNumber = number (getSnapshot confirmedSnapshot)
+      , snapshotNumber = number (getSnapshot closingSnapshot)
       , contestationDeadline = addUTCTime (toNominalDiffTime testContestationPeriod) now
       }
-  ContestTx{headId, confirmedSnapshot} ->
+  ContestTx{headId, contestingSnapshot} ->
     OnContestTx
       { headId
-      , snapshotNumber = number (getSnapshot confirmedSnapshot)
+      , snapshotNumber = number (getSnapshot contestingSnapshot)
       , contestationDeadline = addUTCTime (toNominalDiffTime testContestationPeriod) now
       }
   FanoutTx{} ->
diff --git a/hydra-node/test/Hydra/Chain/Direct/Contract/Close/CloseCurrent.hs b/hydra-node/test/Hydra/Chain/Direct/Contract/Close/CloseCurrent.hs
new file mode 100644
index 00000000000..c77aeba9d6c
--- /dev/null
+++ b/hydra-node/test/Hydra/Chain/Direct/Contract/Close/CloseCurrent.hs
@@ -0,0 +1,321 @@
+{-# LANGUAGE DuplicateRecordFields #-}
+{-# OPTIONS_GHC -Wno-orphans #-}
+
+module Hydra.Chain.Direct.Contract.Close.CloseCurrent where
+
+import Hydra.Cardano.Api
+import Hydra.Prelude hiding (label)
+
+import Cardano.Api.UTxO qualified as UTxO
+import Data.Maybe (fromJust)
+import Hydra.Chain.Direct.Contract.Close.Healthy (
+  healthyCloseLowerBoundSlot,
+  healthyCloseUpperBoundPointInTime,
+  healthyConfirmedSnapshot,
+  healthyContestationDeadline,
+  healthyContestationPeriod,
+  healthyContestationPeriodSeconds,
+  healthyOnChainParties,
+  healthyOpenHeadTxIn,
+  healthyOpenHeadTxOut,
+  healthySignature,
+  healthySplitUTxOInHead,
+  healthySplitUTxOToDecommit,
+  somePartyCardanoVerificationKey,
+ )
+import Hydra.Chain.Direct.Contract.Gen (genHash, genMintedOrBurnedValue)
+import Hydra.Chain.Direct.Contract.Mutation (
+  Mutation (..),
+  SomeMutation (..),
+  changeMintedTokens,
+  modifyInlineDatum,
+  replaceContestationDeadline,
+  replaceContestationPeriod,
+  replaceContesters,
+  replaceDeltaUTxOHash,
+  replaceHeadId,
+  replaceParties,
+  replacePolicyIdWith,
+  replaceSnapshotNumber,
+  replaceSnapshotVersion,
+  replaceUTxOHash,
+ )
+import Hydra.Chain.Direct.Fixture qualified as Fixture
+import Hydra.Chain.Direct.ScriptRegistry (genScriptRegistry, registryUTxO)
+import Hydra.Chain.Direct.Tx (OpenThreadOutput (..), closeTx, mkHeadId)
+import Hydra.Contract.Error (toErrorCode)
+import Hydra.Contract.HeadError (HeadError (..))
+import Hydra.Contract.HeadState qualified as Head
+import Hydra.Contract.HeadTokens (headPolicyId)
+import Hydra.Contract.Util (UtilError (MintingOrBurningIsForbidden))
+import Hydra.Crypto (MultiSignature, toPlutusSignatures)
+import Hydra.Ledger (hashUTxO)
+import Hydra.Ledger.Cardano (genAddressInEra, genValue, genVerificationKey)
+import Hydra.Plutus.Extras (posixFromUTCTime)
+import Hydra.Plutus.Orphans ()
+import Hydra.Snapshot (Snapshot (..))
+import Hydra.Snapshot qualified as Snapshot
+import PlutusLedgerApi.V1.Time (DiffMilliSeconds (..), fromMilliSeconds)
+import PlutusLedgerApi.V2 (POSIXTime, PubKeyHash (PubKeyHash), toBuiltin)
+import Test.QuickCheck (arbitrarySizedNatural, choose, elements, listOf1, oneof, resize, suchThat)
+import Test.QuickCheck.Instances ()
+
+healthyCurrentSnapshotNumber :: Snapshot.SnapshotNumber
+healthyCurrentSnapshotNumber = 1
+
+healthyCurrentSnapshotVersion :: Snapshot.SnapshotVersion
+healthyCurrentSnapshotVersion = 1
+
+-- | Healthy close transaction for the generic case were we close a head
+--  after one or more snapshot have been agreed upon between the members.
+healthyCloseCurrentTx :: (Tx, UTxO)
+healthyCloseCurrentTx =
+  (tx, lookupUTxO)
+ where
+  tx =
+    closeTx
+      scriptRegistry
+      somePartyCardanoVerificationKey
+      (mkHeadId Fixture.testPolicyId)
+      healthyCurrentSnapshotVersion
+      (healthyConfirmedSnapshot healthyCurrentSnapshot)
+      healthyCloseLowerBoundSlot
+      healthyCloseUpperBoundPointInTime
+      openThreadOutput
+
+  datum = toUTxOContext $ mkTxOutDatumInline healthyCurrentOpenDatum
+
+  lookupUTxO =
+    UTxO.singleton (healthyOpenHeadTxIn, healthyOpenHeadTxOut datum)
+      <> registryUTxO scriptRegistry
+
+  scriptRegistry = genScriptRegistry `generateWith` 42
+
+  openThreadOutput =
+    OpenThreadOutput
+      { openThreadUTxO = (healthyOpenHeadTxIn, healthyOpenHeadTxOut datum)
+      , openParties = healthyOnChainParties
+      , openContestationPeriod = healthyContestationPeriod
+      }
+
+healthyCurrentSnapshot :: Snapshot Tx
+healthyCurrentSnapshot =
+  Snapshot
+    { headId = mkHeadId Fixture.testPolicyId
+    , version = healthyCurrentSnapshotVersion
+    , number = healthyCurrentSnapshotNumber
+    , confirmed = []
+    , utxo = healthySplitUTxOInHead
+    , utxoToDecommit = Just healthySplitUTxOToDecommit
+    }
+
+healthyCurrentOpenDatum :: Head.State
+healthyCurrentOpenDatum =
+  Head.Open
+    Head.OpenDatum
+      { parties = healthyOnChainParties
+      , utxoHash = toBuiltin $ hashUTxO @Tx healthySplitUTxOInHead
+      , contestationPeriod = healthyContestationPeriod
+      , headId = toPlutusCurrencySymbol Fixture.testPolicyId
+      , version = toInteger healthyCurrentSnapshotVersion
+      }
+
+data CloseMutation
+  = -- | Ensures collectCom does not allow any output address but νHead.
+    NotContinueContract
+  | -- | Ensures the snapshot signature is multisigned by all valid Head
+    -- participants.
+    --
+    -- Invalidates the tx by changing the redeemer signature
+    -- but not the snapshot number in output head datum.
+    MutateSignatureButNotSnapshotNumber
+  | -- | Ensures the snapshot number is consistent with the signature.
+    --
+    -- Invalidates the tx by changing the snapshot number
+    -- in resulting head output but not the redeemer signature.
+    MutateSnapshotNumberButNotSignature
+  | -- | Check the snapshot version is preserved from last open state.
+    MutateSnapshotVersion
+  | -- | Ensures the close snapshot is multisigned by all Head participants by
+    -- changing the parties in the input head datum. If they do not align the
+    -- multisignature will not be valid anymore.
+    SnapshotNotSignedByAllParties
+  | -- | Ensures close is authenticated by a one of the Head members by changing
+    -- the signer used on the tx to not be one of PTs.
+    MutateRequiredSigner
+  | -- | Ensures close is authenticated by a one of the Head members by changing
+    -- the signer used on the tx to be empty.
+    MutateNoRequiredSigner
+  | -- | Ensures close is authenticated by a one of the Head members by changing
+    -- the signer used on the tx to have multiple signers (including the signer
+    -- to not fail for SignerIsNotAParticipant).
+    MutateMultipleRequiredSigner
+  | -- | Invalidates the tx by changing the utxo hash in resulting head output.
+    --
+    -- Ensures the output state is consistent with the redeemer.
+    MutateCloseUTxOHash
+  | -- | Invalidates the tx by changing the utxo to decommit hash in resulting head output.
+    --
+    -- Ensures the output state is consistent with the redeemer.
+    MutateCloseUTxOToDecommitHash
+  | -- | Ensures parties do not change between head input datum and head output datum.
+    MutatePartiesInOutput
+  | -- | Ensures headId do not change between head input datum and head output
+    -- datum.
+    MutateHeadIdInOutput
+  | -- | Invalidates the tx by changing the lower bound to be non finite.
+    MutateInfiniteLowerBound
+  | -- | Invalidates the tx by changing the upper bound to be non finite.
+    MutateInfiniteUpperBound
+  | -- | Invalidates the tx by changing the contestation deadline to not satisfy
+    -- `contestationDeadline = upperBound + contestationPeriod`.
+    MutateContestationDeadline
+  | -- | Invalidates the tx by changing the lower and upper bound to be not
+    -- bounded as per spec `upperBound - lowerBound <= contestationPeriod`.
+    --
+    -- This also changes the resulting `head output` contestation deadline to be
+    -- valid, so it satisfy `contestationDeadline = upperBound +
+    -- contestationPeriod`.
+    MutateValidityInterval
+  | -- | Ensure the Head cannot be closed with correct authentication from a
+    -- different Head. We simulate this by changing the head policy id of the ST
+    -- and PTs to be of a different head - a real attack would be to add inputs
+    -- with those tokens on top of spending the head output, a bit like a double
+    -- satisfaction attack. Note that the token name stays the same and
+    -- consistent with the signer. This will cause authentication failure
+    -- because the signer's PT, although with a consistent name, is not from the
+    -- right head (has a different policy id than in the datum).
+    CloseFromDifferentHead
+  | -- | Minting or burning of tokens should not be possible in close.
+    MutateTokenMintingOrBurning
+  | -- | Invalidates the tx by changing the contesters to be non empty.
+    MutateContesters
+  | -- | Invalidates the tx by changing output values arbitrarily to be different
+    -- (not preserved) from the head.
+    --
+    -- Ensures values are preserved between head input and output.
+    MutateValueInOutput
+  | -- | Invalidate the tx by changing the contestation period.
+    MutateContestationPeriod
+  deriving stock (Generic, Show, Enum, Bounded)
+
+genCloseCurrentMutation :: (Tx, UTxO) -> Gen SomeMutation
+genCloseCurrentMutation (tx, _utxo) =
+  oneof
+    [ SomeMutation (pure $ toErrorCode NotPayingToHead) NotContinueContract <$> do
+        mutatedAddress <- genAddressInEra Fixture.testNetworkId
+        pure $ ChangeOutput 0 (modifyTxOutAddress (const mutatedAddress) headTxOut)
+    , SomeMutation (pure $ toErrorCode SignatureVerificationFailed) MutateSignatureButNotSnapshotNumber . ChangeHeadRedeemer <$> do
+        signature <- toPlutusSignatures <$> (arbitrary :: Gen (MultiSignature (Snapshot Tx)))
+        pure $ Head.Close Head.CloseCurrent{signature}
+    , SomeMutation (pure $ toErrorCode SignatureVerificationFailed) MutateSnapshotNumberButNotSignature <$> do
+        mutatedSnapshotNumber <- arbitrarySizedNatural `suchThat` (> healthyCurrentSnapshotNumber)
+        pure $ ChangeOutput 0 $ modifyInlineDatum (replaceSnapshotNumber $ toInteger mutatedSnapshotNumber) headTxOut
+    , -- Last known open state version is recorded in closed state
+      SomeMutation (pure $ toErrorCode MustNotChangeVersion) MutateSnapshotVersion <$> do
+        mutatedSnapshotVersion <- arbitrarySizedNatural `suchThat` (/= healthyCurrentSnapshotVersion)
+        pure $ ChangeOutput 0 $ modifyInlineDatum (replaceSnapshotVersion $ toInteger mutatedSnapshotVersion) headTxOut
+    , SomeMutation (pure $ toErrorCode SignatureVerificationFailed) SnapshotNotSignedByAllParties <$> do
+        mutatedParties <- arbitrary `suchThat` (/= healthyOnChainParties)
+        pure . ChangeInputHeadDatum $ replaceParties mutatedParties healthyCurrentOpenDatum
+    , SomeMutation (pure $ toErrorCode ChangedParameters) MutatePartiesInOutput <$> do
+        n <- choose (1, length healthyOnChainParties - 1)
+        fn <- elements [drop n, take n]
+        let mutatedParties = fn healthyOnChainParties
+        pure $ ChangeOutput 0 $ modifyInlineDatum (replaceParties mutatedParties) headTxOut
+    , SomeMutation (pure $ toErrorCode ChangedParameters) MutateHeadIdInOutput <$> do
+        otherHeadId <- toPlutusCurrencySymbol . headPolicyId <$> arbitrary `suchThat` (/= Fixture.testSeedInput)
+        pure $ ChangeOutput 0 $ modifyInlineDatum (replaceHeadId otherHeadId) headTxOut
+    , -- Transaction is signed by a participant
+      SomeMutation (pure $ toErrorCode SignerIsNotAParticipant) MutateRequiredSigner <$> do
+        newSigner <- verificationKeyHash <$> genVerificationKey `suchThat` (/= somePartyCardanoVerificationKey)
+        pure $ ChangeRequiredSigners [newSigner]
+    , SomeMutation (pure $ toErrorCode NoSigners) MutateNoRequiredSigner <$> do
+        pure $ ChangeRequiredSigners []
+    , SomeMutation (pure $ toErrorCode TooManySigners) MutateMultipleRequiredSigner <$> do
+        otherSigners <- listOf1 (genVerificationKey `suchThat` (/= somePartyCardanoVerificationKey))
+        let signerAndOthers = somePartyCardanoVerificationKey : otherSigners
+        pure $ ChangeRequiredSigners (verificationKeyHash <$> signerAndOthers)
+    , SomeMutation (pure $ toErrorCode SignatureVerificationFailed) MutateCloseUTxOHash . ChangeOutput 0 <$> do
+        mutatedUTxOHash <- genHash `suchThat` ((/= toBuiltin (hashUTxO @Tx healthySplitUTxOInHead)) . toBuiltin)
+        pure $ modifyInlineDatum (replaceUTxOHash $ toBuiltin mutatedUTxOHash) headTxOut
+    , -- Correct contestation deadline is set
+      SomeMutation (pure $ toErrorCode IncorrectClosedContestationDeadline) MutateContestationDeadline <$> do
+        mutatedDeadline <- genMutatedDeadline
+        pure $ ChangeOutput 0 $ modifyInlineDatum (replaceContestationDeadline mutatedDeadline) headTxOut
+    , SomeMutation (pure $ toErrorCode ChangedParameters) MutateContestationPeriod <$> do
+        mutatedPeriod <- arbitrary
+        pure $ ChangeOutput 0 $ modifyInlineDatum (replaceContestationPeriod mutatedPeriod) headTxOut
+    , -- Transaction validity range is bounded
+      SomeMutation (pure $ toErrorCode InfiniteLowerBound) MutateInfiniteLowerBound . ChangeValidityLowerBound <$> do
+        pure TxValidityNoLowerBound
+    , -- Transaction validity range is bounded
+      SomeMutation (pure $ toErrorCode InfiniteUpperBound) MutateInfiniteUpperBound . ChangeValidityUpperBound <$> do
+        pure TxValidityNoUpperBound
+    , SomeMutation (pure $ toErrorCode HasBoundedValidityCheckFailed) MutateValidityInterval <$> do
+        (lowerSlotNo, upperSlotNo, adjustedContestationDeadline) <- genOversizedTransactionValidity
+        pure $
+          Changes
+            [ ChangeValidityInterval (TxValidityLowerBound lowerSlotNo, TxValidityUpperBound upperSlotNo)
+            , ChangeOutput 0 $ modifyInlineDatum (replaceContestationDeadline adjustedContestationDeadline) headTxOut
+            ]
+    , -- Transaction is signed by a participant
+      -- This is a bit confusing and not giving much value. Maybe we can remove this.
+      SomeMutation (pure $ toErrorCode SignerIsNotAParticipant) CloseFromDifferentHead <$> do
+        otherHeadId <- headPolicyId <$> arbitrary `suchThat` (/= Fixture.testSeedInput)
+        pure $
+          Changes
+            [ ChangeOutput 0 (replacePolicyIdWith Fixture.testPolicyId otherHeadId headTxOut)
+            , ChangeInput
+                healthyOpenHeadTxIn
+                (replacePolicyIdWith Fixture.testPolicyId otherHeadId $ healthyOpenHeadTxOut datum)
+                ( Just $
+                    toScriptData
+                      ( Head.Close
+                          Head.CloseCurrent
+                            { signature = toPlutusSignatures $ healthySignature healthyCurrentSnapshot
+                            }
+                      )
+                )
+            ]
+    , -- No minting or burning
+      SomeMutation (pure $ toErrorCode MintingOrBurningIsForbidden) MutateTokenMintingOrBurning
+        <$> (changeMintedTokens tx =<< genMintedOrBurnedValue)
+    , -- Initializes the set of contesters
+      SomeMutation (pure $ toErrorCode ContestersNonEmpty) MutateContesters . ChangeOutput 0 <$> do
+        mutatedContesters <- resize 3 . listOf1 $ PubKeyHash . toBuiltin <$> genHash
+        pure $ headTxOut & modifyInlineDatum (replaceContesters mutatedContesters)
+    , -- Value in the head is preserved
+      SomeMutation (pure $ toErrorCode HeadValueIsNotPreserved) MutateValueInOutput <$> do
+        newValue <- genValue
+        pure $ ChangeOutput 0 (headTxOut{txOutValue = newValue})
+    , SomeMutation (pure $ toErrorCode SignatureVerificationFailed) MutateCloseUTxOToDecommitHash . ChangeOutput 0 <$> do
+        mutatedHash <- arbitrary `suchThat` (/= Just (toBuiltin $ hashUTxO @Tx healthySplitUTxOToDecommit))
+        pure $ headTxOut & modifyInlineDatum (replaceDeltaUTxOHash mutatedHash)
+    ]
+ where
+  genOversizedTransactionValidity = do
+    -- Implicit hypotheses: the slot length is and has always been 1 seconds so we can add slot with seconds
+    lowerValidityBound <- arbitrary :: Gen Word64
+    upperValidityBound <- choose (lowerValidityBound + fromIntegral healthyContestationPeriodSeconds, maxBound)
+    let adjustedContestationDeadline =
+          fromMilliSeconds . DiffMilliSeconds $ (healthyContestationPeriodSeconds + fromIntegral upperValidityBound) * 1000
+    pure (SlotNo lowerValidityBound, SlotNo upperValidityBound, adjustedContestationDeadline)
+
+  headTxOut = fromJust $ txOuts' tx !!? 0
+
+  datum = toUTxOContext (mkTxOutDatumInline healthyCurrentOpenDatum)
+
+-- | Generate not acceptable, but interesting deadlines.
+genMutatedDeadline :: Gen POSIXTime
+genMutatedDeadline = do
+  oneof
+    [ valuesAroundZero
+    , valuesAroundDeadline
+    ]
+ where
+  valuesAroundZero = arbitrary `suchThat` (/= deadline)
+
+  valuesAroundDeadline = arbitrary `suchThat` (/= 0) <&> (+ deadline)
+
+  deadline = posixFromUTCTime healthyContestationDeadline
diff --git a/hydra-node/test/Hydra/Chain/Direct/Contract/Close/CloseInitial.hs b/hydra-node/test/Hydra/Chain/Direct/Contract/Close/CloseInitial.hs
new file mode 100644
index 00000000000..84af4e24759
--- /dev/null
+++ b/hydra-node/test/Hydra/Chain/Direct/Contract/Close/CloseInitial.hs
@@ -0,0 +1,126 @@
+{-# LANGUAGE DuplicateRecordFields #-}
+{-# OPTIONS_GHC -Wno-orphans #-}
+
+module Hydra.Chain.Direct.Contract.Close.CloseInitial where
+
+import Hydra.Cardano.Api
+import Hydra.Prelude hiding (label)
+
+import Cardano.Api.UTxO as UTxO
+import Data.Maybe (fromJust)
+import Hydra.Chain.Direct.Contract.Close.Healthy (
+  healthyCloseLowerBoundSlot,
+  healthyCloseUpperBoundPointInTime,
+  healthyContestationDeadline,
+  healthyContestationPeriod,
+  healthyOnChainParties,
+  healthyOpenHeadTxIn,
+  healthyOpenHeadTxOut,
+  healthyUTxO,
+  somePartyCardanoVerificationKey,
+ )
+import Hydra.Chain.Direct.Contract.Mutation (Mutation (..), SomeMutation (..), modifyInlineDatum, replaceContestationDeadline)
+import Hydra.Chain.Direct.Fixture qualified as Fixture
+import Hydra.Chain.Direct.ScriptRegistry (genScriptRegistry, registryUTxO)
+import Hydra.Chain.Direct.Tx (OpenThreadOutput (..), closeTx, mkHeadId)
+import Hydra.Contract.Error (ToErrorCode (..))
+import Hydra.Contract.HeadError (HeadError (..))
+import Hydra.Contract.HeadState qualified as Head
+import Hydra.Contract.HeadState qualified as HeadState
+import Hydra.Ledger (hashUTxO)
+import Hydra.Plutus.Extras (posixFromUTCTime)
+import Hydra.Plutus.Orphans ()
+import Hydra.Snapshot (ConfirmedSnapshot (..), SnapshotNumber, SnapshotVersion)
+import PlutusLedgerApi.V2 (POSIXTime, toBuiltin)
+import Test.QuickCheck (oneof, suchThat)
+import Test.QuickCheck.Instances ()
+
+data CloseInitialMutation
+  = MutateCloseContestationDeadline'
+  deriving stock (Generic, Show, Enum, Bounded)
+
+healthyCloseSnapshotNumber :: SnapshotNumber
+healthyCloseSnapshotNumber = 0
+
+healthyCloseSnapshotVersion :: SnapshotVersion
+healthyCloseSnapshotVersion = 0
+
+-- | Healthy close transaction for the specific case were we close a head
+--   with the initial UtxO, that is, no snapshot have been agreed upon and
+--   signed by the head members yet.
+healthyCloseInitialTx :: (Tx, UTxO)
+healthyCloseInitialTx =
+  (tx, lookupUTxO)
+ where
+  tx :: Tx
+  tx =
+    closeTx
+      scriptRegistry
+      somePartyCardanoVerificationKey
+      headId
+      healthyCloseSnapshotVersion
+      closingSnapshot
+      healthyCloseLowerBoundSlot
+      healthyCloseUpperBoundPointInTime
+      openThreadOutput
+
+  initialDatum :: TxOutDatum CtxUTxO
+  initialDatum = toUTxOContext (mkTxOutDatumInline healthyInitialOpenDatum)
+
+  lookupUTxO :: UTxO' (TxOut CtxUTxO)
+  lookupUTxO =
+    UTxO.singleton (healthyOpenHeadTxIn, healthyOpenHeadTxOut initialDatum)
+      <> registryUTxO scriptRegistry
+
+  scriptRegistry = genScriptRegistry `generateWith` 42
+
+  openThreadOutput :: OpenThreadOutput
+  openThreadOutput =
+    OpenThreadOutput
+      { openThreadUTxO = (healthyOpenHeadTxIn, healthyOpenHeadTxOut initialDatum)
+      , openParties = healthyOnChainParties
+      , openContestationPeriod = healthyContestationPeriod
+      }
+
+  headId = mkHeadId Fixture.testPolicyId
+
+  closingSnapshot = InitialSnapshot{headId, initialUTxO = healthyUTxO}
+
+healthyInitialOpenDatum :: HeadState.State
+healthyInitialOpenDatum =
+  Head.Open
+    Head.OpenDatum
+      { parties = healthyOnChainParties
+      , utxoHash = toBuiltin $ hashUTxO @Tx healthyUTxO
+      , contestationPeriod = healthyContestationPeriod
+      , headId = toPlutusCurrencySymbol Fixture.testPolicyId
+      , version = 0
+      }
+
+--- | Mutations for the specific case of closing with the intial state.
+--- We should probably validate all the mutation to this initial state but at
+--- least we keep this regression test as we stumbled upon problems with the following case.
+--- The nice thing to do would probably to generate either "normal" healthyCloseTx or
+--- or healthyCloseInitialTx and apply all the mutations to it but we didn't manage to do that
+--- right away.
+genCloseInitialMutation :: (Tx, UTxO) -> Gen SomeMutation
+genCloseInitialMutation (tx, _utxo) =
+  SomeMutation (pure $ toErrorCode IncorrectClosedContestationDeadline) MutateCloseContestationDeadline' <$> do
+    mutatedDeadline <- genMutatedDeadline
+    pure $ ChangeOutput 0 $ modifyInlineDatum (replaceContestationDeadline mutatedDeadline) headTxOut
+ where
+  headTxOut = fromJust $ txOuts' tx !!? 0
+
+-- | Generate not acceptable, but interesting deadlines.
+genMutatedDeadline :: Gen POSIXTime
+genMutatedDeadline = do
+  oneof
+    [ valuesAroundZero
+    , valuesAroundDeadline
+    ]
+ where
+  valuesAroundZero = arbitrary `suchThat` (/= deadline)
+
+  valuesAroundDeadline = arbitrary `suchThat` (/= 0) <&> (+ deadline)
+
+  deadline = posixFromUTCTime healthyContestationDeadline
diff --git a/hydra-node/test/Hydra/Chain/Direct/Contract/Close.hs b/hydra-node/test/Hydra/Chain/Direct/Contract/Close/CloseOutdated.hs
similarity index 56%
rename from hydra-node/test/Hydra/Chain/Direct/Contract/Close.hs
rename to hydra-node/test/Hydra/Chain/Direct/Contract/Close/CloseOutdated.hs
index a59a58082e9..ccfb5e89bdc 100644
--- a/hydra-node/test/Hydra/Chain/Direct/Contract/Close.hs
+++ b/hydra-node/test/Hydra/Chain/Direct/Contract/Close/CloseOutdated.hs
@@ -1,18 +1,33 @@
 {-# LANGUAGE DuplicateRecordFields #-}
 {-# OPTIONS_GHC -Wno-orphans #-}
 
-module Hydra.Chain.Direct.Contract.Close where
+module Hydra.Chain.Direct.Contract.Close.CloseOutdated where
 
 import Hydra.Cardano.Api
 import Hydra.Prelude hiding (label)
 
 import Cardano.Api.UTxO as UTxO
 import Data.Maybe (fromJust)
+import Hydra.Chain.Direct.Contract.Close.Healthy (
+  healthyCloseLowerBoundSlot,
+  healthyCloseUTxOHash,
+  healthyCloseUpperBoundPointInTime,
+  healthyConfirmedSnapshot,
+  healthyContestationDeadline,
+  healthyContestationPeriod,
+  healthyContestationPeriodSeconds,
+  healthyOnChainParties,
+  healthyOpenHeadTxIn,
+  healthyOpenHeadTxOut,
+  healthySignature,
+  healthySplitUTxOInHead,
+  healthySplitUTxOToDecommit,
+  somePartyCardanoVerificationKey,
+ )
 import Hydra.Chain.Direct.Contract.Gen (genHash, genMintedOrBurnedValue)
 import Hydra.Chain.Direct.Contract.Mutation (
   Mutation (..),
   SomeMutation (..),
-  addParticipationTokens,
   changeMintedTokens,
   modifyInlineDatum,
   replaceContestationDeadline,
@@ -22,194 +37,101 @@ import Hydra.Chain.Direct.Contract.Mutation (
   replaceParties,
   replacePolicyIdWith,
   replaceSnapshotNumber,
-  replaceUtxoHash,
+  replaceSnapshotVersion,
+  replaceUTxOHash,
  )
 import Hydra.Chain.Direct.Fixture qualified as Fixture
 import Hydra.Chain.Direct.ScriptRegistry (genScriptRegistry, registryUTxO)
-import Hydra.Chain.Direct.TimeHandle (PointInTime)
-import Hydra.Chain.Direct.Tx (ClosingSnapshot (..), OpenThreadOutput (..), UTxOHash (UTxOHash), closeTx, mkHeadId, mkHeadOutput)
-import Hydra.ContestationPeriod (fromChain)
+import Hydra.Chain.Direct.Tx (
+  OpenThreadOutput (..),
+  closeTx,
+  mkHeadId,
+ )
 import Hydra.Contract.Error (toErrorCode)
 import Hydra.Contract.HeadError (HeadError (..))
 import Hydra.Contract.HeadState qualified as Head
 import Hydra.Contract.HeadTokens (headPolicyId)
 import Hydra.Contract.Util (UtilError (MintingOrBurningIsForbidden))
-import Hydra.Crypto (HydraKey, MultiSignature, aggregate, sign, toPlutusSignatures)
-import Hydra.Data.ContestationPeriod qualified as OnChain
-import Hydra.Data.Party qualified as OnChain
+import Hydra.Crypto (MultiSignature (..), toPlutusSignatures)
 import Hydra.Ledger (hashUTxO)
-import Hydra.Ledger.Cardano (genAddressInEra, genOneUTxOFor, genValue, genVerificationKey)
-import Hydra.Ledger.Cardano.Evaluate (genValidityBoundsFromContestationPeriod)
-import Hydra.Party (Party, deriveParty, partyToChain)
+import Hydra.Ledger.Cardano (genAddressInEra, genValue, genVerificationKey)
 import Hydra.Plutus.Extras (posixFromUTCTime)
 import Hydra.Plutus.Orphans ()
-import Hydra.Snapshot (Snapshot (..), SnapshotNumber)
+import Hydra.Snapshot (ConfirmedSnapshot, Snapshot (..), SnapshotNumber, SnapshotVersion, getSnapshot, signatures)
 import PlutusLedgerApi.V1.Time (DiffMilliSeconds (..), fromMilliSeconds)
-import PlutusLedgerApi.V2 (BuiltinByteString, POSIXTime, PubKeyHash (PubKeyHash), toBuiltin)
-import Test.Hydra.Fixture (aliceSk, bobSk, carolSk, genForParty)
+import PlutusLedgerApi.V2 (POSIXTime, PubKeyHash (PubKeyHash), toBuiltin)
 import Test.QuickCheck (arbitrarySizedNatural, choose, elements, listOf1, oneof, suchThat)
 import Test.QuickCheck.Instances ()
 
--- | Healthy close transaction for the generic case were we close a head
---   after one or more snapshot have been agreed upon between the members.
-healthyCloseTx :: (Tx, UTxO)
-healthyCloseTx =
-  (tx, lookupUTxO)
- where
-  tx =
-    closeTx
-      scriptRegistry
-      somePartyCardanoVerificationKey
-      closingSnapshot
-      healthyCloseLowerBoundSlot
-      healthyCloseUpperBoundPointInTime
-      openThreadOutput
-      (mkHeadId Fixture.testPolicyId)
+healthyOutdatedSnapshotNumber :: SnapshotNumber
+healthyOutdatedSnapshotNumber = 1
 
-  lookupUTxO =
-    UTxO.singleton (healthyOpenHeadTxIn, healthyOpenHeadTxOut)
-      <> registryUTxO scriptRegistry
+healthyOutdatedSnapshotVersion :: SnapshotVersion
+healthyOutdatedSnapshotVersion = 1
 
-  scriptRegistry = genScriptRegistry `generateWith` 42
+-- | Decommit snapshot which refers to the previous open state version. That is,
+-- 'healthyOpenStateVersion' - 1.
+healthyOutdatedSnapshot :: Snapshot Tx
+healthyOutdatedSnapshot =
+  Snapshot
+    { headId = mkHeadId Fixture.testPolicyId
+    , version = healthyOutdatedSnapshotVersion
+    , number = healthyOutdatedSnapshotNumber
+    , confirmed = []
+    , utxo = healthySplitUTxOInHead
+    , utxoToDecommit = Just healthySplitUTxOToDecommit
+    }
 
-  openThreadOutput =
-    OpenThreadOutput
-      { openThreadUTxO = (healthyOpenHeadTxIn, healthyOpenHeadTxOut)
-      , openParties = healthyOnChainParties
-      , openContestationPeriod = healthyContestationPeriod
+healthyOutdatedOpenDatum :: Head.State
+healthyOutdatedOpenDatum =
+  Head.Open
+    Head.OpenDatum
+      { parties = healthyOnChainParties
+      , utxoHash = toBuiltin $ hashUTxO @Tx healthySplitUTxOInHead
+      , contestationPeriod = healthyContestationPeriod
+      , headId = toPlutusCurrencySymbol Fixture.testPolicyId
+      , version = toInteger healthyOpenStateVersion
       }
 
-  closingSnapshot :: ClosingSnapshot
-  closingSnapshot =
-    CloseWithConfirmedSnapshot
-      { snapshotNumber = healthyCloseSnapshotNumber
-      , closeUtxoHash = UTxOHash $ hashUTxO @Tx healthyCloseUTxO
-      , signatures = healthySignature healthyCloseSnapshotNumber
-      }
+-- | In the outdated case, the used snapshot version is exactly one lower than the open state version.
+healthyOpenStateVersion :: SnapshotVersion
+healthyOpenStateVersion = healthyOutdatedSnapshotVersion + 1
 
--- | Healthy close transaction for the specific case were we close a head
---   with the initial UtxO, that is, no snapshot have been agreed upon and
---   signed by the head members yet.
-healthyCloseInitialTx :: (Tx, UTxO)
-healthyCloseInitialTx =
+healthyOutdatedConfirmedClosingSnapshot :: ConfirmedSnapshot Tx
+healthyOutdatedConfirmedClosingSnapshot = healthyConfirmedSnapshot healthyOutdatedSnapshot
+
+healthyCloseOutdatedTx :: (Tx, UTxO)
+healthyCloseOutdatedTx =
   (tx, lookupUTxO)
  where
   tx =
     closeTx
       scriptRegistry
       somePartyCardanoVerificationKey
-      closingSnapshot
+      (mkHeadId Fixture.testPolicyId)
+      healthyOpenStateVersion
+      (healthyConfirmedSnapshot healthyOutdatedSnapshot)
       healthyCloseLowerBoundSlot
       healthyCloseUpperBoundPointInTime
       openThreadOutput
-      (mkHeadId Fixture.testPolicyId)
 
+  lookupUTxO :: UTxO' (TxOut CtxUTxO)
   lookupUTxO =
-    UTxO.singleton (healthyOpenHeadTxIn, healthyOpenHeadTxOut)
+    UTxO.singleton (healthyOpenHeadTxIn, healthyOpenHeadTxOut datum)
       <> registryUTxO scriptRegistry
 
   scriptRegistry = genScriptRegistry `generateWith` 42
 
+  datum :: TxOutDatum CtxUTxO
+  datum = toUTxOContext (mkTxOutDatumInline healthyOutdatedOpenDatum)
+
+  openThreadOutput :: OpenThreadOutput
   openThreadOutput =
     OpenThreadOutput
-      { openThreadUTxO = (healthyOpenHeadTxIn, healthyOpenHeadTxOut)
+      { openThreadUTxO = (healthyOpenHeadTxIn, healthyOpenHeadTxOut datum)
       , openParties = healthyOnChainParties
       , openContestationPeriod = healthyContestationPeriod
       }
-  closingSnapshot :: ClosingSnapshot
-  closingSnapshot =
-    CloseWithInitialSnapshot
-      { openUtxoHash = UTxOHash $ hashUTxO @Tx healthyUTxO
-      }
-
--- NOTE: We need to use the contestation period when generating start/end tx
--- validity slots/time since if tx validity bound difference is bigger than
--- contestation period our close validator will fail
-healthyCloseLowerBoundSlot :: SlotNo
-healthyCloseUpperBoundPointInTime :: PointInTime
-(healthyCloseLowerBoundSlot, healthyCloseUpperBoundPointInTime) =
-  genValidityBoundsFromContestationPeriod (fromChain healthyContestationPeriod) `generateWith` 42
-
-healthyOpenHeadTxIn :: TxIn
-healthyOpenHeadTxIn = generateWith arbitrary 42
-
-healthyOpenHeadTxOut :: TxOut CtxUTxO
-healthyOpenHeadTxOut =
-  mkHeadOutput Fixture.testNetworkId Fixture.testPolicyId headTxOutDatum
-    & addParticipationTokens healthyParticipants
- where
-  headTxOutDatum = toUTxOContext (mkTxOutDatumInline healthyOpenHeadDatum)
-
-healthySnapshot :: Snapshot Tx
-healthySnapshot =
-  Snapshot
-    { headId = mkHeadId Fixture.testPolicyId
-    , number = healthyCloseSnapshotNumber
-    , utxo = healthyCloseUTxO
-    , confirmed = []
-    }
-
-healthyCloseUTxO :: UTxO
-healthyCloseUTxO =
-  (genOneUTxOFor somePartyCardanoVerificationKey `suchThat` (/= healthyUTxO))
-    `generateWith` 42
-
-healthyCloseSnapshotNumber :: SnapshotNumber
-healthyCloseSnapshotNumber = 1
-
-healthyOpenHeadDatum :: Head.State
-healthyOpenHeadDatum =
-  Head.Open
-    { parties = healthyOnChainParties
-    , utxoHash = toBuiltin $ hashUTxO @Tx healthyUTxO
-    , contestationPeriod = healthyContestationPeriod
-    , headId = toPlutusCurrencySymbol Fixture.testPolicyId
-    }
-
-healthyContestationPeriod :: OnChain.ContestationPeriod
-healthyContestationPeriod = OnChain.contestationPeriodFromDiffTime $ fromInteger healthyContestationPeriodSeconds
-
-healthyContestationPeriodSeconds :: Integer
-healthyContestationPeriodSeconds = 10
-
-healthyUTxO :: UTxO
-healthyUTxO = genOneUTxOFor somePartyCardanoVerificationKey `generateWith` 42
-
-healthyParticipants :: [VerificationKey PaymentKey]
-healthyParticipants =
-  genForParty genVerificationKey <$> healthyParties
-
-somePartyCardanoVerificationKey :: VerificationKey PaymentKey
-somePartyCardanoVerificationKey =
-  elements healthyParticipants `generateWith` 42
-
-healthySigningKeys :: [SigningKey HydraKey]
-healthySigningKeys = [aliceSk, bobSk, carolSk]
-
-healthyParties :: [Party]
-healthyParties = deriveParty <$> healthySigningKeys
-
-healthyOnChainParties :: [OnChain.Party]
-healthyOnChainParties = partyToChain <$> healthyParties
-
-healthySignature :: SnapshotNumber -> MultiSignature (Snapshot Tx)
-healthySignature number = aggregate [sign sk snapshot | sk <- healthySigningKeys]
- where
-  snapshot = healthySnapshot{number}
-
-healthyContestationDeadline :: UTCTime
-healthyContestationDeadline =
-  addUTCTime
-    (fromInteger healthyContestationPeriodSeconds)
-    (snd healthyCloseUpperBoundPointInTime)
-
-healthyClosedUTxOHash :: BuiltinByteString
-healthyClosedUTxOHash =
-  toBuiltin $ hashUTxO @Tx healthyClosedUTxO
-
-healthyClosedUTxO :: UTxO
-healthyClosedUTxO =
-  genOneUTxOFor somePartyCardanoVerificationKey `generateWith` 42
 
 data CloseMutation
   = -- | Ensures collectCom does not allow any output address but νHead.
@@ -225,9 +147,8 @@ data CloseMutation
     -- Invalidates the tx by changing the snapshot number
     -- in resulting head output but not the redeemer signature.
     MutateSnapshotNumberButNotSignature
-  | -- | Check that snapshot numbers <= 0 need to close the head with the
-    -- initial UTxO hash.
-    MutateSnapshotNumberToLessThanEqualZero
+  | -- | Check the snapshot version is preserved from last open state.
+    MutateSnapshotVersion
   | -- | Ensures the close snapshot is multisigned by all Head participants by
     -- changing the parties in the input head datum. If they do not align the
     -- multisignature will not be valid anymore.
@@ -246,6 +167,17 @@ data CloseMutation
     --
     -- Ensures the output state is consistent with the redeemer.
     MutateCloseUTxOHash
+  | -- | Invalidates the tx by changing the utxo to decommit hash in resulting head output.
+    --
+    -- Ensures the output state is consistent with the redeemer.
+    MutateCloseUTxOToDecommitHash
+  | -- | Invalidates the tx by changing claimed closing type. i.e. claim the
+    -- snapshot is current but provide signatures from an previous version
+    MutateCloseType
+  | -- | Invalidates the tx by changing the signatures in redeemer.
+    --
+    -- Ensures the output state is consistent with the redeemer.
+    MutateCloseSignatures
   | -- | Ensures parties do not change between head input datum and head output
     --  datum.
     MutatePartiesInOutput
@@ -288,36 +220,35 @@ data CloseMutation
     MutateContestationPeriod
   deriving stock (Generic, Show, Enum, Bounded)
 
-genCloseMutation :: (Tx, UTxO) -> Gen SomeMutation
-genCloseMutation (tx, _utxo) =
+genCloseOutdatedMutation :: (Tx, UTxO) -> Gen SomeMutation
+genCloseOutdatedMutation (tx, _utxo) =
   oneof
     [ SomeMutation (pure $ toErrorCode NotPayingToHead) NotContinueContract <$> do
         mutatedAddress <- genAddressInEra Fixture.testNetworkId
         pure $ ChangeOutput 0 (modifyTxOutAddress (const mutatedAddress) headTxOut)
     , SomeMutation (pure $ toErrorCode SignatureVerificationFailed) MutateSignatureButNotSnapshotNumber . ChangeHeadRedeemer <$> do
-        Head.Close . toPlutusSignatures <$> (arbitrary :: Gen (MultiSignature (Snapshot Tx)))
-    , SomeMutation (pure $ toErrorCode ClosedWithNonInitialHash) MutateSnapshotNumberToLessThanEqualZero <$> do
-        mutatedSnapshotNumber <- arbitrary `suchThat` (<= 0)
-        pure $ ChangeOutput 0 $ modifyInlineDatum (replaceSnapshotNumber mutatedSnapshotNumber) headTxOut
+        signature <- toPlutusSignatures <$> (arbitrary :: Gen (MultiSignature (Snapshot Tx)))
+        pure $ Head.Close Head.CloseCurrent{signature}
     , SomeMutation (pure $ toErrorCode SignatureVerificationFailed) MutateSnapshotNumberButNotSignature <$> do
-        mutatedSnapshotNumber <- arbitrarySizedNatural `suchThat` (> healthyCloseSnapshotNumber)
+        mutatedSnapshotNumber <- arbitrarySizedNatural `suchThat` (> healthyOutdatedSnapshotNumber)
         pure $ ChangeOutput 0 $ modifyInlineDatum (replaceSnapshotNumber $ toInteger mutatedSnapshotNumber) headTxOut
-    , SomeMutation (pure $ toErrorCode SignatureVerificationFailed) SnapshotNotSignedByAllParties . ChangeInputHeadDatum <$> do
+    , -- Last known open state version is recorded in closed state
+      SomeMutation (pure $ toErrorCode MustNotChangeVersion) MutateSnapshotVersion <$> do
+        mutatedSnapshotVersion <- arbitrarySizedNatural `suchThat` (/= healthyOpenStateVersion)
+        pure $ ChangeOutput 0 $ modifyInlineDatum (replaceSnapshotVersion $ toInteger mutatedSnapshotVersion) headTxOut
+    , SomeMutation (pure $ toErrorCode SignatureVerificationFailed) SnapshotNotSignedByAllParties <$> do
         mutatedParties <- arbitrary `suchThat` (/= healthyOnChainParties)
-        pure $
-          Head.Open
-            { parties = mutatedParties
-            , utxoHash = ""
-            , contestationPeriod = healthyContestationPeriod
-            , headId = toPlutusCurrencySymbol Fixture.testPolicyId
-            }
+        pure . ChangeInputHeadDatum $ replaceParties mutatedParties healthyOutdatedOpenDatum
     , SomeMutation (pure $ toErrorCode ChangedParameters) MutatePartiesInOutput <$> do
-        mutatedParties <- arbitrary `suchThat` (/= healthyOnChainParties)
+        n <- choose (1, length healthyOnChainParties - 1)
+        fn <- elements [drop n, take n]
+        let mutatedParties = fn healthyOnChainParties
         pure $ ChangeOutput 0 $ modifyInlineDatum (replaceParties mutatedParties) headTxOut
     , SomeMutation (pure $ toErrorCode ChangedParameters) MutateHeadIdInOutput <$> do
         otherHeadId <- toPlutusCurrencySymbol . headPolicyId <$> arbitrary `suchThat` (/= Fixture.testSeedInput)
         pure $ ChangeOutput 0 $ modifyInlineDatum (replaceHeadId otherHeadId) headTxOut
-    , SomeMutation (pure $ toErrorCode SignerIsNotAParticipant) MutateRequiredSigner <$> do
+    , -- Transaction is signed by a participant
+      SomeMutation (pure $ toErrorCode SignerIsNotAParticipant) MutateRequiredSigner <$> do
         newSigner <- verificationKeyHash <$> genVerificationKey `suchThat` (/= somePartyCardanoVerificationKey)
         pure $ ChangeRequiredSigners [newSigner]
     , SomeMutation (pure $ toErrorCode NoSigners) MutateNoRequiredSigner <$> do
@@ -327,17 +258,20 @@ genCloseMutation (tx, _utxo) =
         let signerAndOthers = somePartyCardanoVerificationKey : otherSigners
         pure $ ChangeRequiredSigners (verificationKeyHash <$> signerAndOthers)
     , SomeMutation (pure $ toErrorCode SignatureVerificationFailed) MutateCloseUTxOHash . ChangeOutput 0 <$> do
-        mutatedUTxOHash <- genHash `suchThat` ((/= healthyClosedUTxOHash) . toBuiltin)
-        pure $ modifyInlineDatum (replaceUtxoHash $ toBuiltin mutatedUTxOHash) headTxOut
-    , SomeMutation (pure $ toErrorCode IncorrectClosedContestationDeadline) MutateContestationDeadline <$> do
+        mutatedUTxOHash <- (toBuiltin <$> genHash) `suchThat` (/= healthyCloseUTxOHash)
+        pure $ modifyInlineDatum (replaceUTxOHash mutatedUTxOHash) headTxOut
+    , -- Correct contestation deadline is set
+      SomeMutation (pure $ toErrorCode IncorrectClosedContestationDeadline) MutateContestationDeadline <$> do
         mutatedDeadline <- genMutatedDeadline
         pure $ ChangeOutput 0 $ modifyInlineDatum (replaceContestationDeadline mutatedDeadline) headTxOut
     , SomeMutation (pure $ toErrorCode ChangedParameters) MutateContestationPeriod <$> do
         mutatedPeriod <- arbitrary
         pure $ ChangeOutput 0 $ modifyInlineDatum (replaceContestationPeriod mutatedPeriod) headTxOut
-    , SomeMutation (pure $ toErrorCode InfiniteLowerBound) MutateInfiniteLowerBound . ChangeValidityLowerBound <$> do
+    , -- Transaction validity range is bounded
+      SomeMutation (pure $ toErrorCode InfiniteLowerBound) MutateInfiniteLowerBound . ChangeValidityLowerBound <$> do
         pure TxValidityNoLowerBound
-    , SomeMutation (pure $ toErrorCode InfiniteUpperBound) MutateInfiniteUpperBound . ChangeValidityUpperBound <$> do
+    , -- Transaction validity range is bounded
+      SomeMutation (pure $ toErrorCode InfiniteUpperBound) MutateInfiniteUpperBound . ChangeValidityUpperBound <$> do
         pure TxValidityNoUpperBound
     , SomeMutation (pure $ toErrorCode HasBoundedValidityCheckFailed) MutateValidityInterval <$> do
         (lowerSlotNo, upperSlotNo, adjustedContestationDeadline) <- genOversizedTransactionValidity
@@ -346,8 +280,8 @@ genCloseMutation (tx, _utxo) =
             [ ChangeValidityInterval (TxValidityLowerBound lowerSlotNo, TxValidityUpperBound upperSlotNo)
             , ChangeOutput 0 $ modifyInlineDatum (replaceContestationDeadline adjustedContestationDeadline) headTxOut
             ]
-    , -- XXX: This is a bit confusing and not giving much value. Maybe we can remove this.
-      -- This also seems to be covered by MutateRequiredSigner
+    , -- Transaction is signed by a participant
+      -- This is a bit confusing and not giving much value. Maybe we can remove this.
       SomeMutation (pure $ toErrorCode SignerIsNotAParticipant) CloseFromDifferentHead <$> do
         otherHeadId <- headPolicyId <$> arbitrary `suchThat` (/= Fixture.testSeedInput)
         pure $
@@ -355,25 +289,65 @@ genCloseMutation (tx, _utxo) =
             [ ChangeOutput 0 (replacePolicyIdWith Fixture.testPolicyId otherHeadId headTxOut)
             , ChangeInput
                 healthyOpenHeadTxIn
-                (replacePolicyIdWith Fixture.testPolicyId otherHeadId healthyOpenHeadTxOut)
+                (replacePolicyIdWith Fixture.testPolicyId otherHeadId $ healthyOpenHeadTxOut datum)
                 ( Just $
                     toScriptData
                       ( Head.Close
-                          { signature =
-                              toPlutusSignatures $
-                                healthySignature healthyCloseSnapshotNumber
-                          }
+                          Head.CloseCurrent
+                            { signature =
+                                toPlutusSignatures $
+                                  healthySignature healthyOutdatedSnapshot
+                            }
                       )
                 )
             ]
-    , SomeMutation (pure $ toErrorCode MintingOrBurningIsForbidden) MutateTokenMintingOrBurning
+    , -- No minting or burning
+      SomeMutation (pure $ toErrorCode MintingOrBurningIsForbidden) MutateTokenMintingOrBurning
         <$> (changeMintedTokens tx =<< genMintedOrBurnedValue)
-    , SomeMutation (pure $ toErrorCode ContestersNonEmpty) MutateContesters . ChangeOutput 0 <$> do
+    , -- Initializes the set of contesters
+      SomeMutation (pure $ toErrorCode ContestersNonEmpty) MutateContesters . ChangeOutput 0 <$> do
         mutatedContesters <- listOf1 $ PubKeyHash . toBuiltin <$> genHash
         pure $ headTxOut & modifyInlineDatum (replaceContesters mutatedContesters)
-    , SomeMutation (pure $ toErrorCode HeadValueIsNotPreserved) MutateValueInOutput <$> do
+    , -- Value in the head is preserved
+      SomeMutation (pure $ toErrorCode HeadValueIsNotPreserved) MutateValueInOutput <$> do
         newValue <- genValue
         pure $ ChangeOutput 0 (headTxOut{txOutValue = newValue})
+    , -- XXX: The following mutations are quite redundant
+      SomeMutation (pure $ toErrorCode SignatureVerificationFailed) MutateCloseUTxOToDecommitHash . ChangeHeadRedeemer <$> do
+        -- Close redeemer contains the hash of a decommit utxo. If we
+        -- change it should cause invalid signature error.
+        let healthyUTxOToDecommitHash =
+              hashUTxO @Tx
+                . fromMaybe mempty
+                . utxoToDecommit
+                $ getSnapshot healthyOutdatedConfirmedClosingSnapshot
+        mutatedUTxOHash <- genHash `suchThat` (/= healthyUTxOToDecommitHash)
+        pure $
+          Head.Close
+            Head.CloseOutdated
+              { signature = toPlutusSignatures $ signatures healthyOutdatedConfirmedClosingSnapshot
+              , alreadyDecommittedUTxOHash = toBuiltin mutatedUTxOHash
+              }
+    , SomeMutation (pure $ toErrorCode SignatureVerificationFailed) MutateCloseSignatures . ChangeHeadRedeemer <$> do
+        -- Close redeemer contains the signatures. If we change them should
+        -- cause invalid signature error.
+        let healthyUTxOToDecommitHash =
+              hashUTxO @Tx
+                . fromMaybe mempty
+                . utxoToDecommit
+                $ getSnapshot healthyOutdatedConfirmedClosingSnapshot
+        signature <- toPlutusSignatures <$> (arbitrary `suchThat` (/= signatures healthyOutdatedConfirmedClosingSnapshot))
+        pure $
+          Head.Close
+            Head.CloseOutdated
+              { signature
+              , alreadyDecommittedUTxOHash = toBuiltin healthyUTxOToDecommitHash
+              }
+    , SomeMutation (pure $ toErrorCode SignatureVerificationFailed) MutateCloseType . ChangeHeadRedeemer <$> do
+        -- Close redeemer claims whether the snapshot is valid against current
+        -- or previous version. If we change it then it should cause invalid
+        -- signature error.
+        pure $ Head.Close Head.CloseCurrent{signature = toPlutusSignatures $ signatures healthyOutdatedConfirmedClosingSnapshot}
     ]
  where
   genOversizedTransactionValidity = do
@@ -386,23 +360,7 @@ genCloseMutation (tx, _utxo) =
 
   headTxOut = fromJust $ txOuts' tx !!? 0
 
-data CloseInitialMutation
-  = MutateCloseContestationDeadline'
-  deriving stock (Generic, Show, Enum, Bounded)
-
--- | Mutations for the specific case of closing with the intial state.
--- We should probably validate all the mutation to this initial state but at
--- least we keep this regression test as we stumbled upon problems with the following case.
--- The nice thing to do would probably to generate either "normal" healthyCloseTx or
--- or healthyCloseInitialTx and apply all the mutations to it but we didn't manage to do that
--- right away.
-genCloseInitialMutation :: (Tx, UTxO) -> Gen SomeMutation
-genCloseInitialMutation (tx, _utxo) =
-  SomeMutation (pure $ toErrorCode IncorrectClosedContestationDeadline) MutateCloseContestationDeadline' <$> do
-    mutatedDeadline <- genMutatedDeadline
-    pure $ ChangeOutput 0 $ modifyInlineDatum (replaceContestationDeadline mutatedDeadline) headTxOut
- where
-  headTxOut = fromJust $ txOuts' tx !!? 0
+  datum = toUTxOContext (mkTxOutDatumInline healthyOutdatedOpenDatum)
 
 -- | Generate not acceptable, but interesting deadlines.
 genMutatedDeadline :: Gen POSIXTime
diff --git a/hydra-node/test/Hydra/Chain/Direct/Contract/Close/Healthy.hs b/hydra-node/test/Hydra/Chain/Direct/Contract/Close/Healthy.hs
new file mode 100644
index 00000000000..b5d1c49b737
--- /dev/null
+++ b/hydra-node/test/Hydra/Chain/Direct/Contract/Close/Healthy.hs
@@ -0,0 +1,96 @@
+{-# LANGUAGE DuplicateRecordFields #-}
+{-# OPTIONS_GHC -Wno-orphans #-}
+
+module Hydra.Chain.Direct.Contract.Close.Healthy where
+
+import Hydra.Cardano.Api
+import Hydra.Prelude hiding (label)
+
+import Hydra.Chain.Direct.Contract.Mutation (addParticipationTokens)
+import Hydra.Chain.Direct.Fixture qualified as Fixture
+import Hydra.Chain.Direct.State (splitUTxO)
+import Hydra.Chain.Direct.TimeHandle (PointInTime)
+import Hydra.Chain.Direct.Tx (mkHeadOutput)
+import Hydra.ContestationPeriod (fromChain)
+import Hydra.Crypto (HydraKey, MultiSignature, aggregate, sign)
+import Hydra.Data.ContestationPeriod qualified as OnChain
+import Hydra.Data.Party qualified as OnChain
+import Hydra.Ledger (hashUTxO)
+import Hydra.Ledger.Cardano (genOneUTxOFor, genVerificationKey)
+import Hydra.Ledger.Cardano.Evaluate (genValidityBoundsFromContestationPeriod)
+import Hydra.Party (Party, deriveParty, partyToChain)
+import Hydra.Plutus.Orphans ()
+import Hydra.Snapshot (ConfirmedSnapshot (..), Snapshot)
+import PlutusLedgerApi.V2 (BuiltinByteString, toBuiltin)
+import Test.Hydra.Fixture (aliceSk, bobSk, carolSk, genForParty)
+import Test.QuickCheck (elements)
+import Test.QuickCheck.Instances ()
+
+healthySeed :: Int
+healthySeed = 42
+
+healthyUTxO :: UTxO
+healthyUTxO = genOneUTxOFor somePartyCardanoVerificationKey `generateWith` healthySeed
+
+healthySplitUTxOInHead :: UTxO
+healthySplitUTxOToDecommit :: UTxO
+(healthySplitUTxOInHead, healthySplitUTxOToDecommit) = splitUTxO healthyUTxO
+
+-- NOTE: We need to use the contestation period when generating start/end tx
+-- validity slots/time since if tx validity bound difference is bigger than
+-- contestation period our close validator will fail
+healthyCloseLowerBoundSlot :: SlotNo
+healthyCloseUpperBoundPointInTime :: PointInTime
+(healthyCloseLowerBoundSlot, healthyCloseUpperBoundPointInTime) =
+  genValidityBoundsFromContestationPeriod (fromChain healthyContestationPeriod) `generateWith` healthySeed
+
+healthyOpenHeadTxIn :: TxIn
+healthyOpenHeadTxIn = generateWith arbitrary healthySeed
+
+healthyOpenHeadTxOut :: TxOutDatum CtxUTxO -> TxOut CtxUTxO
+healthyOpenHeadTxOut headTxOutDatum =
+  mkHeadOutput Fixture.testNetworkId Fixture.testPolicyId headTxOutDatum
+    & addParticipationTokens healthyParticipants
+
+healthyContestationPeriodSeconds :: Integer
+healthyContestationPeriodSeconds = 10
+
+healthyContestationPeriod :: OnChain.ContestationPeriod
+healthyContestationPeriod = OnChain.contestationPeriodFromDiffTime $ fromInteger healthyContestationPeriodSeconds
+
+healthyContestationDeadline :: UTCTime
+healthyContestationDeadline =
+  addUTCTime
+    (fromInteger healthyContestationPeriodSeconds)
+    (snd healthyCloseUpperBoundPointInTime)
+
+healthyCloseUTxOHash :: BuiltinByteString
+healthyCloseUTxOHash =
+  toBuiltin $ hashUTxO @Tx healthySplitUTxOInHead
+
+healthyParticipants :: [VerificationKey PaymentKey]
+healthyParticipants =
+  genForParty genVerificationKey <$> healthyParties
+
+somePartyCardanoVerificationKey :: VerificationKey PaymentKey
+somePartyCardanoVerificationKey =
+  elements healthyParticipants `generateWith` healthySeed
+
+healthySigningKeys :: [SigningKey HydraKey]
+healthySigningKeys = [aliceSk, bobSk, carolSk]
+
+healthyParties :: [Party]
+healthyParties = deriveParty <$> healthySigningKeys
+
+healthyOnChainParties :: [OnChain.Party]
+healthyOnChainParties = partyToChain <$> healthyParties
+
+healthySignature :: Snapshot Tx -> MultiSignature (Snapshot Tx)
+healthySignature snapshot = aggregate [sign sk snapshot | sk <- healthySigningKeys]
+
+healthyConfirmedSnapshot :: Snapshot Tx -> ConfirmedSnapshot Tx
+healthyConfirmedSnapshot snapshot =
+  ConfirmedSnapshot
+    { snapshot
+    , signatures = healthySignature snapshot
+    }
diff --git a/hydra-node/test/Hydra/Chain/Direct/Contract/CollectCom.hs b/hydra-node/test/Hydra/Chain/Direct/Contract/CollectCom.hs
index f32585cb27c..e5e9c51208b 100644
--- a/hydra-node/test/Hydra/Chain/Direct/Contract/CollectCom.hs
+++ b/hydra-node/test/Hydra/Chain/Direct/Contract/CollectCom.hs
@@ -184,6 +184,7 @@ data CollectComMutation
   | -- | Needs to prevent that not all value is collected into the head output.
     ExtractSomeValue
   | MutateOpenUTxOHash
+  | MutateOpenVersion
   | -- | Ensures collectCom cannot collect from an initial UTxO.
     MutateCommitToInitial
   | -- | Every party should have commited and been taken into account for the
@@ -208,27 +209,13 @@ genCollectComMutation (tx, _utxo) =
         mutatedAddress <- genAddressInEra testNetworkId
         pure $ ChangeOutput 0 (modifyTxOutAddress (const mutatedAddress) headTxOut)
     , SomeMutation (pure $ toErrorCode NotAllValueCollected) ExtractSomeValue <$> do
-        -- Remove a random asset and quantity from headOutput
-        removedValue <- do
-          let allAssets = valueToList $ txOutValue headTxOut
-              nonPTs = flip filter allAssets $ \case
-                (AssetId pid _, _) -> pid /= testPolicyId
-                _ -> True
-          (assetId, Quantity n) <- elements nonPTs
-          q <- Quantity <$> choose (1, n)
-          pure $ valueFromList [(assetId, q)]
-        -- Add another output which would extract the 'removedValue'. The ledger
-        -- would check for this, and this is needed because the way we implement
-        -- collectCom checks.
-        extractionTxOut <- do
-          someAddress <- genAddressInEra testNetworkId
-          pure $ TxOut someAddress removedValue TxOutDatumNone ReferenceScriptNone
-        pure $
-          Changes
-            [ ChangeOutput 0 $ modifyTxOutValue (\v -> v <> negateValue removedValue) headTxOut
-            , AppendOutput extractionTxOut
-            ]
-    , SomeMutation (pure $ toErrorCode IncorrectUtxoHash) MutateOpenUTxOHash . ChangeOutput 0 <$> mutateUTxOHash
+        extractHeadOutputValue headTxOut testPolicyId
+    , SomeMutation (pure $ toErrorCode IncorrectUtxoHash) MutateOpenUTxOHash . ChangeOutput 0 <$> do
+        mutatedUTxOHash <- genHash
+        pure $ modifyInlineDatum (mutateState mutatedUTxOHash) headTxOut
+    , SomeMutation (pure $ toErrorCode IncorrectVersion) MutateOpenVersion . ChangeOutput 0 <$> do
+        mutatedVersion <- arbitrary `suchThat` (/= 0)
+        pure $ modifyInlineDatum (mutateStateVersion mutatedVersion) headTxOut
     , SomeMutation (pure $ toErrorCode MissingCommits) MutateNumberOfParties <$> do
         moreParties <- (: healthyOnChainParties) <$> arbitrary
         pure $
@@ -275,15 +262,39 @@ genCollectComMutation (tx, _utxo) =
 
   mutatedPartiesHeadTxOut parties =
     modifyInlineDatum $ \case
-      Head.Open{utxoHash, contestationPeriod, headId} ->
-        Head.Open{Head.parties = parties, contestationPeriod, utxoHash, headId}
+      Head.Open Head.OpenDatum{contestationPeriod, headId, version, utxoHash} ->
+        Head.Open Head.OpenDatum{parties, contestationPeriod, headId, version, utxoHash}
       st -> error $ "Unexpected state " <> show st
 
-  mutateUTxOHash = do
-    mutatedUTxOHash <- genHash
-    pure $ modifyInlineDatum (mutateState mutatedUTxOHash) headTxOut
-
   mutateState mutatedUTxOHash = \case
-    Head.Open{parties, contestationPeriod, headId} ->
-      Head.Open{parties, contestationPeriod, Head.utxoHash = toBuiltin mutatedUTxOHash, headId}
+    Head.Open Head.OpenDatum{parties, contestationPeriod, headId, version} ->
+      Head.Open Head.OpenDatum{Head.utxoHash = toBuiltin mutatedUTxOHash, parties, contestationPeriod, headId, version}
     st -> st
+
+  mutateStateVersion mutatedVersion = \case
+    Head.Open Head.OpenDatum{parties, contestationPeriod, headId, utxoHash} ->
+      Head.Open Head.OpenDatum{version = mutatedVersion, parties, contestationPeriod, headId, utxoHash}
+    st -> st
+
+-- | Remove a random asset and quantity from headOutput by adding another output
+-- that "extracts" that value.
+extractHeadOutputValue :: TxOut CtxTx -> PolicyId -> Gen Mutation
+extractHeadOutputValue headTxOut policyId = do
+  removedValue <- do
+    let allAssets = valueToList $ txOutValue headTxOut
+        nonPTs = flip filter allAssets $ \case
+          (AssetId pid _, _) -> pid /= policyId
+          _ -> True
+    (assetId, Quantity n) <- elements nonPTs
+    q <- Quantity <$> choose (1, n)
+    pure $ valueFromList [(assetId, q)]
+  -- Add another output which would extract the 'removedValue'. The ledger would
+  -- require this to have a balanced transaction.
+  extractionTxOut <- do
+    someAddress <- genAddressInEra testNetworkId
+    pure $ TxOut someAddress removedValue TxOutDatumNone ReferenceScriptNone
+  pure $
+    Changes
+      [ ChangeOutput 0 $ modifyTxOutValue (\v -> v <> negateValue removedValue) headTxOut
+      , AppendOutput extractionTxOut
+      ]
diff --git a/hydra-node/test/Hydra/Chain/Direct/Contract/Contest.hs b/hydra-node/test/Hydra/Chain/Direct/Contract/Contest/ContestCurrent.hs
similarity index 83%
rename from hydra-node/test/Hydra/Chain/Direct/Contract/Contest.hs
rename to hydra-node/test/Hydra/Chain/Direct/Contract/Contest/ContestCurrent.hs
index 4446bc92581..c3f735f65e2 100644
--- a/hydra-node/test/Hydra/Chain/Direct/Contract/Contest.hs
+++ b/hydra-node/test/Hydra/Chain/Direct/Contract/Contest/ContestCurrent.hs
@@ -1,7 +1,7 @@
 {-# LANGUAGE DuplicateRecordFields #-}
 {-# OPTIONS_GHC -Wno-orphans #-}
 
-module Hydra.Chain.Direct.Contract.Contest where
+module Hydra.Chain.Direct.Contract.Contest.ContestCurrent where
 
 import Hydra.Cardano.Api
 import Hydra.Prelude hiding (label)
@@ -19,15 +19,18 @@ import Hydra.Chain.Direct.Contract.Mutation (
   replaceContestationDeadline,
   replaceContestationPeriod,
   replaceContesters,
+  replaceDeltaUTxOHash,
   replaceHeadId,
   replaceParties,
   replacePolicyIdWith,
   replaceSnapshotNumber,
-  replaceUtxoHash,
+  replaceSnapshotVersion,
+  replaceUTxOHash,
  )
 import Hydra.Chain.Direct.Fixture (slotLength, systemStart, testNetworkId, testPolicyId)
 import Hydra.Chain.Direct.Fixture qualified as Fixture
 import Hydra.Chain.Direct.ScriptRegistry (genScriptRegistry, registryUTxO)
+import Hydra.Chain.Direct.State (splitUTxO)
 import Hydra.Chain.Direct.Tx (ClosedThreadOutput (..), contestTx, mkHeadId, mkHeadOutput)
 import Hydra.ContestationPeriod (ContestationPeriod, fromChain)
 import Hydra.Contract.Error (toErrorCode)
@@ -45,11 +48,11 @@ import Hydra.Ledger.Cardano.Time (slotNoToUTCTime)
 import Hydra.Party (Party, deriveParty, partyToChain)
 import Hydra.Plutus.Extras (posixFromUTCTime)
 import Hydra.Plutus.Orphans ()
-import Hydra.Snapshot (Snapshot (..), SnapshotNumber)
+import Hydra.Snapshot (Snapshot (..), SnapshotNumber, SnapshotVersion)
 import PlutusLedgerApi.V2 (BuiltinByteString, toBuiltin)
 import PlutusLedgerApi.V2 qualified as Plutus
 import Test.Hydra.Fixture (aliceSk, bobSk, carolSk, genForParty)
-import Test.QuickCheck (arbitrarySizedNatural, elements, listOf, listOf1, oneof, suchThat, vectorOf)
+import Test.QuickCheck (arbitrarySizedNatural, elements, listOf, listOf1, oneof, resize, suchThat, vectorOf)
 import Test.QuickCheck.Gen (choose)
 import Test.QuickCheck.Instances ()
 
@@ -71,12 +74,13 @@ healthyContestTx =
     contestTx
       scriptRegistry
       healthyContesterVerificationKey
+      (mkHeadId testPolicyId)
+      healthyContestationPeriod
+      healthyCloseSnapshotVersion
       healthyContestSnapshot
       (healthySignature healthyContestSnapshotNumber)
       (healthySlotNo, slotNoToUTCTime systemStart slotLength healthySlotNo)
       closedThreadOutput
-      (mkHeadId testPolicyId)
-      healthyContestationPeriod
 
   scriptRegistry = genScriptRegistry `generateWith` 42
 
@@ -89,57 +93,83 @@ healthyContestTx =
       , closedContesters = []
       }
 
-healthyClosedHeadTxIn :: TxIn
-healthyClosedHeadTxIn = generateWith arbitrary 42
+healthyContestSnapshotNumber :: SnapshotNumber
+healthyContestSnapshotNumber = 4
 
-healthyClosedHeadTxOut :: TxOut CtxUTxO
-healthyClosedHeadTxOut =
-  mkHeadOutput testNetworkId testPolicyId headTxOutDatum
-    & addParticipationTokens healthyParticipants
- where
-  headTxOutDatum = toUTxOContext (mkTxOutDatumInline healthyClosedState)
+healthyCloseSnapshotVersion :: SnapshotVersion
+healthyCloseSnapshotVersion = 4
+
+healthyClosedUTxO :: UTxO
+healthyClosedUTxO =
+  genOneUTxOFor healthyContesterVerificationKey `generateWith` 42
+
+healthyContestUTxO :: UTxO
+healthyContestUTxO =
+  (genOneUTxOFor healthyContesterVerificationKey `suchThat` (/= healthyClosedUTxO))
+    `generateWith` 42
+
+splittedContestUTxO :: (UTxO, UTxO)
+splittedContestUTxO = splitUTxO healthyContestUTxO
+
+splitUTxOInHead :: UTxO
+splitUTxOInHead = fst splittedContestUTxO
+
+splitUTxOToDecommit :: UTxO
+splitUTxOToDecommit = snd splittedContestUTxO
 
 healthyContestSnapshot :: Snapshot Tx
 healthyContestSnapshot =
   Snapshot
     { headId = mkHeadId testPolicyId
     , number = healthyContestSnapshotNumber
-    , utxo = healthyContestUTxO
+    , utxo = splitUTxOInHead
     , confirmed = []
+    , utxoToDecommit = Just splitUTxOToDecommit
+    , version = healthyCloseSnapshotVersion
     }
 
-healthyContestSnapshotNumber :: SnapshotNumber
-healthyContestSnapshotNumber = 4
-
-healthyContestUTxO :: UTxO
-healthyContestUTxO =
-  (genOneUTxOFor healthyContesterVerificationKey `suchThat` (/= healthyClosedUTxO))
-    `generateWith` 42
+healthyClosedState :: Head.State
+healthyClosedState =
+  Head.Closed
+    Head.ClosedDatum
+      { snapshotNumber = fromIntegral healthyClosedSnapshotNumber
+      , utxoHash = healthyClosedUTxOHash
+      , deltaUTxOHash = mempty
+      , parties = healthyOnChainParties
+      , contestationDeadline = posixFromUTCTime healthyContestationDeadline
+      , contestationPeriod = healthyOnChainContestationPeriod
+      , headId = toPlutusCurrencySymbol testPolicyId
+      , contesters = []
+      , version = toInteger healthyCloseSnapshotVersion
+      }
 
 healthyContestUTxOHash :: BuiltinByteString
 healthyContestUTxOHash =
-  toBuiltin $ hashUTxO @Tx healthyContestUTxO
+  toBuiltin $ hashUTxO @Tx splitUTxOInHead
 
-healthyClosedState :: Head.State
-healthyClosedState =
-  Head.Closed
-    { snapshotNumber = fromIntegral healthyClosedSnapshotNumber
-    , utxoHash = healthyClosedUTxOHash
-    , parties = healthyOnChainParties
-    , contestationDeadline = posixFromUTCTime healthyContestationDeadline
-    , contestationPeriod = healthyOnChainContestationPeriod
-    , headId = toPlutusCurrencySymbol testPolicyId
-    , contesters = []
-    }
+healthyContestUTxOToDecommitHash :: BuiltinByteString
+healthyContestUTxOToDecommitHash =
+  toBuiltin $ hashUTxO @Tx splitUTxOToDecommit
+
+healthyClosedUTxOHash :: BuiltinByteString
+healthyClosedUTxOHash =
+  toBuiltin $ hashUTxO @Tx healthyClosedUTxO
+
+healthyClosedSnapshotNumber :: SnapshotNumber
+healthyClosedSnapshotNumber = 3
 
 healthySlotNo :: SlotNo
 healthySlotNo = arbitrary `generateWith` 42
 
-healthyContestationDeadline :: UTCTime
-healthyContestationDeadline =
-  addUTCTime
-    (fromInteger healthyContestationPeriodSeconds)
-    (slotNoToUTCTime systemStart slotLength healthySlotNo)
+healthyClosedHeadTxIn :: TxIn
+healthyClosedHeadTxIn = generateWith arbitrary 42
+
+healthyClosedHeadTxOut :: TxOut CtxUTxO
+healthyClosedHeadTxOut =
+  mkHeadOutput testNetworkId testPolicyId headTxOutDatum
+    & addParticipationTokens healthyParticipants
+ where
+  headTxOutDatum = toUTxOContext (mkTxOutDatumInline healthyClosedState)
 
 healthyOnChainContestationPeriod :: OnChain.ContestationPeriod
 healthyOnChainContestationPeriod = OnChain.contestationPeriodFromDiffTime $ fromInteger healthyContestationPeriodSeconds
@@ -150,17 +180,6 @@ healthyContestationPeriod = fromChain healthyOnChainContestationPeriod
 healthyContestationPeriodSeconds :: Integer
 healthyContestationPeriodSeconds = 10
 
-healthyClosedSnapshotNumber :: SnapshotNumber
-healthyClosedSnapshotNumber = 3
-
-healthyClosedUTxOHash :: BuiltinByteString
-healthyClosedUTxOHash =
-  toBuiltin $ hashUTxO @Tx healthyClosedUTxO
-
-healthyClosedUTxO :: UTxO
-healthyClosedUTxO =
-  genOneUTxOFor healthyContesterVerificationKey `generateWith` 42
-
 healthyParticipants :: [VerificationKey PaymentKey]
 healthyParticipants =
   genForParty genVerificationKey <$> healthyParties
@@ -184,6 +203,12 @@ healthySignature number =
  where
   snapshot = healthyContestSnapshot{number}
 
+healthyContestationDeadline :: UTCTime
+healthyContestationDeadline =
+  addUTCTime
+    (fromInteger healthyContestationPeriodSeconds)
+    (slotNoToUTCTime systemStart slotLength healthySlotNo)
+
 -- FIXME: Should try to mutate the 'closedAt' recorded time to something else
 data ContestMutation
   = -- | Ensures collectCom does not allow any output address but νHead.
@@ -199,6 +224,8 @@ data ContestMutation
     --
     -- Ensures the snapshot signature is aligned with snapshot number.
     MutateSnapshotNumberButNotSignature
+  | -- | Check the snapshot version is preserved from last open state.
+    MutateSnapshotVersion
   | -- | Invalidates the tx by changing the contest snapshot number too old.
     --
     -- This is achieved by updating the head input datum to be older, so the
@@ -271,11 +298,16 @@ genContestMutation (tx, _utxo) =
         mutatedSignature <- arbitrary :: Gen (MultiSignature (Snapshot Tx))
         pure $
           Head.Contest
-            { signature = toPlutusSignatures mutatedSignature
-            }
+            Head.ContestCurrent
+              { signature = toPlutusSignatures mutatedSignature
+              }
     , SomeMutation (pure $ toErrorCode SignatureVerificationFailed) MutateSnapshotNumberButNotSignature <$> do
         mutatedSnapshotNumber <- arbitrarySizedNatural `suchThat` (> healthyContestSnapshotNumber)
         pure $ ChangeOutput 0 $ modifyInlineDatum (replaceSnapshotNumber $ toInteger mutatedSnapshotNumber) headTxOut
+    , -- Last known open state version stays recorded in closed state
+      SomeMutation (pure $ toErrorCode MustNotChangeVersion) MutateSnapshotVersion <$> do
+        mutatedSnapshotVersion <- arbitrarySizedNatural `suchThat` (/= healthyCloseSnapshotVersion)
+        pure $ ChangeOutput 0 $ modifyInlineDatum (replaceSnapshotVersion $ toInteger mutatedSnapshotVersion) headTxOut
     , SomeMutation (pure $ toErrorCode TooOldSnapshot) MutateToNonNewerSnapshot <$> do
         mutatedSnapshotNumber <- choose (toInteger healthyContestSnapshotNumber, toInteger healthyContestSnapshotNumber + 1)
         pure $
@@ -284,10 +316,11 @@ genContestMutation (tx, _utxo) =
                 healthyClosedState & replaceSnapshotNumber mutatedSnapshotNumber
             , ChangeHeadRedeemer $
                 Head.Contest
-                  { signature =
-                      toPlutusSignatures $
-                        healthySignature (fromInteger mutatedSnapshotNumber)
-                  }
+                  Head.ContestCurrent
+                    { signature =
+                        toPlutusSignatures $
+                          healthySignature (fromInteger mutatedSnapshotNumber)
+                    }
             ]
     , SomeMutation (pure $ toErrorCode SignerIsNotAParticipant) MutateRequiredSigner <$> do
         newSigner <- verificationKeyHash <$> genVerificationKey `suchThat` (/= healthyContesterVerificationKey)
@@ -302,7 +335,13 @@ genContestMutation (tx, _utxo) =
         mutatedUTxOHash <- genHash `suchThat` ((/= healthyContestUTxOHash) . toBuiltin)
         pure $
           modifyInlineDatum
-            (replaceUtxoHash (toBuiltin mutatedUTxOHash))
+            (replaceUTxOHash (toBuiltin mutatedUTxOHash))
+            headTxOut
+    , SomeMutation (pure $ toErrorCode SignatureVerificationFailed) MutateContestUTxOHash . ChangeOutput 0 <$> do
+        mutatedUTxOHash <- arbitrary `suchThat` (/= Just healthyContestUTxOToDecommitHash)
+        pure $
+          modifyInlineDatum
+            (replaceDeltaUTxOHash mutatedUTxOHash)
             headTxOut
     , SomeMutation (pure $ toErrorCode SignatureVerificationFailed) SnapshotNotSignedByAllParties . ChangeInputHeadDatum <$> do
         mutatedParties <- arbitrary `suchThat` (/= healthyOnChainParties)
@@ -312,7 +351,7 @@ genContestMutation (tx, _utxo) =
         lb <- arbitrary
         ub <- TxValidityUpperBound <$> arbitrary `suchThat` slotOverContestationDeadline
         pure (lb, ub)
-    , -- XXX: This is a bit confusing and not giving much value. Maybe we can remove this.
+    , -- REVIEW: This is a bit confusing and not giving much value. Maybe we can remove this.
       -- This also seems to be covered by MutateRequiredSigner
       SomeMutation (pure $ toErrorCode SignerIsNotAParticipant) ContestFromDifferentHead <$> do
         otherHeadId <- headPolicyId <$> arbitrary `suchThat` (/= healthyClosedHeadTxIn)
@@ -325,10 +364,11 @@ genContestMutation (tx, _utxo) =
                 ( Just $
                     toScriptData
                       ( Head.Contest
-                          { signature =
-                              toPlutusSignatures $
-                                healthySignature healthyContestSnapshotNumber
-                          }
+                          Head.ContestCurrent
+                            { signature =
+                                toPlutusSignatures $
+                                  healthySignature healthyContestSnapshotNumber
+                            }
                       )
                 )
             ]
@@ -336,19 +376,13 @@ genContestMutation (tx, _utxo) =
         <$> (changeMintedTokens tx =<< genMintedOrBurnedValue)
     , SomeMutation (pure $ toErrorCode SignerAlreadyContested) MutateInputContesters . ChangeInputHeadDatum <$> do
         let contester = toPlutusKeyHash (verificationKeyHash healthyContesterVerificationKey)
-            contesterAndSomeOthers = do
-              contesters <- listOf $ Plutus.PubKeyHash . toBuiltin <$> genHash
-              pure (contester : contesters)
-        mutatedContesters <-
-          oneof
-            [ pure [contester]
-            , contesterAndSomeOthers
-            ]
+        mutatedContesters <- do
+          contesters <- resize (length healthyParticipants - 1) . listOf $ Plutus.PubKeyHash . toBuiltin <$> genHash
+          pure (contester : contesters)
         pure $
           healthyClosedState & replaceContesters mutatedContesters
     , SomeMutation (pure $ toErrorCode ContesterNotIncluded) MutateContesters . ChangeOutput 0 <$> do
-        hashes <- listOf genHash
-        let mutatedContesters = Plutus.PubKeyHash . toBuiltin <$> hashes
+        mutatedContesters <- resize (length healthyParticipants) . listOf $ Plutus.PubKeyHash . toBuiltin <$> genHash
         pure $ modifyInlineDatum (replaceContesters mutatedContesters) headTxOut
     , SomeMutation (pure $ toErrorCode HeadValueIsNotPreserved) MutateValueInOutput <$> do
         newValue <- genValue
diff --git a/hydra-node/test/Hydra/Chain/Direct/Contract/Decrement.hs b/hydra-node/test/Hydra/Chain/Direct/Contract/Decrement.hs
new file mode 100644
index 00000000000..82af750605e
--- /dev/null
+++ b/hydra-node/test/Hydra/Chain/Direct/Contract/Decrement.hs
@@ -0,0 +1,210 @@
+{-# LANGUAGE DuplicateRecordFields #-}
+
+module Hydra.Chain.Direct.Contract.Decrement where
+
+import Hydra.Cardano.Api
+import Hydra.Chain.Direct.Contract.Mutation (
+  Mutation (..),
+  SomeMutation (..),
+  addParticipationTokens,
+  modifyInlineDatum,
+  replaceParties,
+  replaceSnapshotVersion,
+ )
+import Hydra.Prelude hiding (label)
+
+import Cardano.Api.UTxO qualified as UTxO
+import Data.Maybe (fromJust)
+import Hydra.Chain (HeadParameters (..))
+import Hydra.Chain.Direct.Contract.CollectCom (extractHeadOutputValue)
+import Hydra.Chain.Direct.Fixture (testNetworkId, testPolicyId)
+import Hydra.Chain.Direct.ScriptRegistry (genScriptRegistry, registryUTxO)
+import Hydra.Chain.Direct.State (splitUTxO)
+import Hydra.Chain.Direct.Tx (
+  decrementTx,
+  mkHeadId,
+  mkHeadOutput,
+ )
+import Hydra.ContestationPeriod (ContestationPeriod, toChain)
+import Hydra.Contract.Error (ToErrorCode (..))
+import Hydra.Contract.HeadError (HeadError (..))
+import Hydra.Contract.HeadState qualified as Head
+import Hydra.Crypto (HydraKey, MultiSignature (..), aggregate, sign, toPlutusSignatures)
+import Hydra.Data.Party qualified as OnChain
+import Hydra.Ledger (IsTx (hashUTxO, withoutUTxO))
+import Hydra.Ledger.Cardano (adaOnly, genUTxOSized, genValue, genVerificationKey)
+import Hydra.Party (Party, deriveParty, partyToChain)
+import Hydra.Plutus.Orphans ()
+import Hydra.Snapshot (Snapshot (..), SnapshotNumber, SnapshotVersion)
+import PlutusTx.Builtins (toBuiltin)
+import Test.Hydra.Fixture (aliceSk, bobSk, carolSk, genForParty)
+import Test.QuickCheck (arbitrarySizedNatural, choose, elements, oneof)
+import Test.QuickCheck.Gen (suchThat)
+import Test.QuickCheck.Instances ()
+
+healthyDecrementTx :: (Tx, UTxO)
+healthyDecrementTx =
+  (tx, lookupUTxO)
+ where
+  lookupUTxO =
+    UTxO.singleton (headInput, headOutput)
+      <> registryUTxO scriptRegistry
+
+  tx =
+    decrementTx
+      scriptRegistry
+      somePartyCardanoVerificationKey
+      (mkHeadId testPolicyId)
+      parameters
+      (headInput, headOutput)
+      healthySnapshot
+      healthySignature
+
+  parameters =
+    HeadParameters
+      { parties = healthyParties
+      , contestationPeriod = healthyContestationPeriod
+      }
+
+  scriptRegistry = genScriptRegistry `generateWith` 42
+
+  headInput = generateWith arbitrary 42
+
+  headOutput =
+    mkHeadOutput testNetworkId testPolicyId (toUTxOContext $ mkTxOutDatumInline healthyDatum)
+      & addParticipationTokens healthyParticipants
+      & modifyTxOutValue (<> foldMap txOutValue healthyUTxO)
+
+somePartyCardanoVerificationKey :: VerificationKey PaymentKey
+somePartyCardanoVerificationKey =
+  elements healthyParticipants `generateWith` 42
+
+healthySigningKeys :: [SigningKey HydraKey]
+healthySigningKeys = [aliceSk, bobSk, carolSk]
+
+healthyParticipants :: [VerificationKey PaymentKey]
+healthyParticipants =
+  genForParty genVerificationKey <$> healthyParties
+
+healthyParties :: [Party]
+healthyParties = deriveParty <$> healthySigningKeys
+
+healthyOnChainParties :: [OnChain.Party]
+healthyOnChainParties = partyToChain <$> healthyParties
+
+healthySignature :: MultiSignature (Snapshot Tx)
+healthySignature = aggregate [sign sk healthySnapshot | sk <- healthySigningKeys]
+
+healthySnapshotNumber :: SnapshotNumber
+healthySnapshotNumber = 1
+
+healthySnapshotVersion :: SnapshotVersion
+healthySnapshotVersion = 1
+
+healthySnapshot :: Snapshot Tx
+healthySnapshot =
+  let (utxoToDecommit', utxo) = splitUTxO healthyUTxO
+   in Snapshot
+        { headId = mkHeadId testPolicyId
+        , version = healthySnapshotVersion
+        , number = succ healthySnapshotNumber
+        , confirmed = []
+        , utxo
+        , utxoToDecommit = Just utxoToDecommit'
+        }
+
+splitDecommitUTxO :: UTxO -> (UTxO, UTxO)
+splitDecommitUTxO utxo =
+  case UTxO.pairs utxo of
+    [] -> error "empty utxo in splitDecommitUTxO"
+    (decommit : _rest) ->
+      let decommitUTxO' = UTxO.fromPairs [decommit]
+       in (utxo `withoutUTxO` decommitUTxO', decommitUTxO')
+
+healthyContestationPeriod :: ContestationPeriod
+healthyContestationPeriod =
+  arbitrary `generateWith` 42
+
+healthyUTxO :: UTxO
+healthyUTxO = adaOnly <$> generateWith (genUTxOSized 3) 42
+
+healthyDatum :: Head.State
+healthyDatum =
+  let (_utxoToDecommit', utxo) = splitDecommitUTxO healthyUTxO
+   in Head.Open
+        Head.OpenDatum
+          { utxoHash = toBuiltin $ hashUTxO @Tx utxo
+          , parties = healthyOnChainParties
+          , contestationPeriod = toChain healthyContestationPeriod
+          , headId = toPlutusCurrencySymbol testPolicyId
+          , version = toInteger healthySnapshotVersion
+          }
+
+data DecrementMutation
+  = -- | Ensures parties do not change between head input datum and head output
+    --  datum.
+    ChangePartiesInOuput
+  | -- | Produce invalid signature by changing signers in the redeemer
+    ProduceInvalidSignatures
+  | -- | Ensures decrement is authenticated by one of the Head members by changing
+    --  the signer used on the tx to not be one of PTs.
+    AlterRequiredSigner
+  | -- | Mutate the output value to produce different 'UTxO' hash to the one in the signed 'Snapshot'.
+    ChangeDecrementedValue
+  | -- | Invalidates the tx by changing the output values arbitrarily to be
+    -- different (not preserved) from the head.
+    --
+    -- Ensures values are preserved between head input and output.
+    ChangeHeadValue
+  | -- | Drop one of the decommit outputs from the tx. This should trigger snapshot signature validation to fail.
+    DropDecommitOutput
+  | ExtractSomeValue
+  | -- | Invalidates the tx by changing the snapshot version in resulting head
+    -- output.
+    UseDifferentSnapshotVersion
+  deriving stock (Generic, Show, Enum, Bounded)
+
+genDecrementMutation :: (Tx, UTxO) -> Gen SomeMutation
+genDecrementMutation (tx, _utxo) =
+  oneof
+    [ -- Spec: parameters cid, ̃kH,n,T stay unchanged
+      SomeMutation (pure $ toErrorCode ChangedParameters) ChangePartiesInOuput <$> do
+        mutatedParties <- arbitrary `suchThat` (/= healthyOnChainParties)
+        pure $ ChangeOutput 0 $ modifyInlineDatum (replaceParties mutatedParties) headTxOut
+    , -- New version v′ is incremented correctly
+      SomeMutation (pure $ toErrorCode VersionNotIncremented) UseDifferentSnapshotVersion <$> do
+        mutatedSnapshotVersion <- arbitrarySizedNatural `suchThat` (/= healthySnapshotVersion + 1)
+        pure $ ChangeOutput 0 $ modifyInlineDatum (replaceSnapshotVersion $ toInteger mutatedSnapshotVersion) headTxOut
+    , -- Spec: ξ is a valid multi-signature of the currency id cid, the current
+      -- snapshot state η, the new snapshot number s′ and state η
+      SomeMutation (pure $ toErrorCode SignatureVerificationFailed) ProduceInvalidSignatures . ChangeHeadRedeemer <$> do
+        invalidSignature <- toPlutusSignatures <$> (arbitrary :: Gen (MultiSignature (Snapshot Tx)))
+        pure $
+          Head.Decrement
+            Head.DecrementRedeemer
+              { signature = invalidSignature
+              , snapshotNumber = fromIntegral healthySnapshotNumber
+              , numberOfDecommitOutputs = fromIntegral $ maybe 0 length $ utxoToDecommit healthySnapshot
+              }
+    , -- Spec: Transaction is signed by a participant
+      SomeMutation (pure $ toErrorCode SignerIsNotAParticipant) AlterRequiredSigner <$> do
+        newSigner <- verificationKeyHash <$> genVerificationKey `suchThat` (/= somePartyCardanoVerificationKey)
+        pure $ ChangeRequiredSigners [newSigner]
+    , SomeMutation (pure $ toErrorCode SignatureVerificationFailed) ChangeDecrementedValue <$> do
+        let outs = txOuts' tx
+        -- NOTE: Skip the first output since this is the Head output.
+        (ix, out) <- elements (zip [1 .. length outs - 1] outs)
+        value' <- genValue `suchThat` (/= txOutValue out)
+        pure $ ChangeOutput (fromIntegral ix) (modifyTxOutValue (const value') out)
+    , -- Spec: The value in the head output is decreased accordingly
+      SomeMutation (pure $ toErrorCode HeadValueIsNotPreserved) ChangeHeadValue <$> do
+        newValue <- genValue `suchThat` (/= txOutValue headTxOut)
+        pure $ ChangeOutput 0 (headTxOut{txOutValue = newValue})
+    , SomeMutation (pure $ toErrorCode SignatureVerificationFailed) DropDecommitOutput <$> do
+        ix <- choose (1, length (txOuts' tx) - 1)
+        pure $ RemoveOutput (fromIntegral ix)
+    , SomeMutation (pure $ toErrorCode HeadValueIsNotPreserved) ExtractSomeValue <$> do
+        extractHeadOutputValue headTxOut testPolicyId
+    ]
+ where
+  headTxOut = fromJust $ txOuts' tx !!? 0
diff --git a/hydra-node/test/Hydra/Chain/Direct/Contract/FanOut.hs b/hydra-node/test/Hydra/Chain/Direct/Contract/FanOut.hs
index 9f9670b32f4..3dc002f1c07 100644
--- a/hydra-node/test/Hydra/Chain/Direct/Contract/FanOut.hs
+++ b/hydra-node/test/Hydra/Chain/Direct/Contract/FanOut.hs
@@ -10,6 +10,7 @@ import Cardano.Api.UTxO as UTxO
 import Hydra.Chain.Direct.Contract.Mutation (Mutation (..), SomeMutation (..), changeMintedTokens)
 import Hydra.Chain.Direct.Fixture (slotLength, systemStart, testNetworkId, testPolicyId, testSeedInput)
 import Hydra.Chain.Direct.ScriptRegistry (genScriptRegistry, registryUTxO)
+import Hydra.Chain.Direct.State (splitUTxO)
 import Hydra.Chain.Direct.Tx (fanoutTx, mkHeadOutput)
 import Hydra.Contract.Error (toErrorCode)
 import Hydra.Contract.HeadError (HeadError (..))
@@ -42,7 +43,8 @@ healthyFanoutTx =
   tx =
     fanoutTx
       scriptRegistry
-      healthyFanoutUTxO
+      (fst healthyFanoutSnapshotUTxO)
+      (Just $ snd healthyFanoutSnapshotUTxO)
       (headInput, headOutput)
       healthySlotNo
       headTokenScript
@@ -67,8 +69,7 @@ healthyFanoutTx =
 
 healthyFanoutUTxO :: UTxO
 healthyFanoutUTxO =
-  -- FIXME: fanoutTx would result in 0 outputs and MutateChangeOutputValue below fail
-  adaOnly <$> generateWith (genUTxOWithSimplifiedAddresses `suchThat` (not . null)) 42
+  adaOnly <$> generateWith (genUTxOWithSimplifiedAddresses `suchThat` \u -> length u > 1) 42
 
 healthySlotNo :: SlotNo
 healthySlotNo = arbitrary `generateWith` 42
@@ -77,18 +78,24 @@ healthyContestationDeadline :: UTCTime
 healthyContestationDeadline =
   slotNoToUTCTime systemStart slotLength $ healthySlotNo - 1
 
+healthyFanoutSnapshotUTxO :: (UTxO, UTxO)
+healthyFanoutSnapshotUTxO = splitUTxO healthyFanoutUTxO
+
 healthyFanoutDatum :: Head.State
 healthyFanoutDatum =
   Head.Closed
-    { snapshotNumber = 1
-    , utxoHash = toBuiltin $ hashUTxO @Tx healthyFanoutUTxO
-    , parties =
-        partyToChain <$> healthyParties
-    , contestationDeadline = posixFromUTCTime healthyContestationDeadline
-    , contestationPeriod = healthyContestationPeriod
-    , headId = toPlutusCurrencySymbol testPolicyId
-    , contesters = []
-    }
+    Head.ClosedDatum
+      { snapshotNumber = 1
+      , utxoHash = toBuiltin $ hashUTxO @Tx (fst healthyFanoutSnapshotUTxO)
+      , deltaUTxOHash = Just . toBuiltin $ hashUTxO @Tx (snd healthyFanoutSnapshotUTxO)
+      , parties =
+          partyToChain <$> healthyParties
+      , contestationDeadline = posixFromUTCTime healthyContestationDeadline
+      , contestationPeriod = healthyContestationPeriod
+      , headId = toPlutusCurrencySymbol testPolicyId
+      , contesters = []
+      , version = 0
+      }
  where
   healthyContestationPeriodSeconds = 10
 
@@ -100,32 +107,45 @@ healthyParties =
   ]
 
 data FanoutMutation
-  = MutateAddUnexpectedOutput
-  | MutateChangeOutputValue
-  | MutateValidityBeforeDeadline
+  = MutateValidityBeforeDeadline
   | -- | Meant to test that the minting policy is burning all PTs and ST present in tx
     MutateThreadTokenQuantity
+  | MutateAddUnexpectedOutput
+  | MutateFanoutOutputValue
+  | MutateDecommitOutputValue
   deriving stock (Generic, Show, Enum, Bounded)
 
 genFanoutMutation :: (Tx, UTxO) -> Gen SomeMutation
 genFanoutMutation (tx, _utxo) =
   oneof
-    [ SomeMutation (pure $ toErrorCode FannedOutUtxoHashNotEqualToClosedUtxoHash) MutateAddUnexpectedOutput . PrependOutput <$> do
-        arbitrary >>= genOutput
-    , SomeMutation (pure $ toErrorCode FannedOutUtxoHashNotEqualToClosedUtxoHash) MutateChangeOutputValue <$> do
-        let outs = txOuts' tx
-        -- NOTE: Assumes the fanout transaction has non-empty outputs, which
-        -- might not be always the case when testing unbalanced txs and we need
-        -- to ensure it by at least one utxo is in healthyFanoutUTxO
-        (ix, out) <- elements (zip [0 .. length outs - 1] outs)
-        value' <- genValue `suchThat` (/= txOutValue out)
-        pure $ ChangeOutput (fromIntegral ix) (modifyTxOutValue (const value') out)
-    , SomeMutation (pure $ toErrorCode LowerBoundBeforeContestationDeadline) MutateValidityBeforeDeadline . ChangeValidityInterval <$> do
+    [ -- Spec: Transaction is posted after contestation deadline tmin > tfinal .
+      SomeMutation (pure $ toErrorCode LowerBoundBeforeContestationDeadline) MutateValidityBeforeDeadline . ChangeValidityInterval <$> do
         lb <- genSlotBefore $ slotNoFromUTCTime systemStart slotLength healthyContestationDeadline
         pure (TxValidityLowerBound lb, TxValidityNoUpperBound)
-    , SomeMutation (pure $ toErrorCode BurntTokenNumberMismatch) MutateThreadTokenQuantity <$> do
+    , -- Spec: All tokens are burnt |{cid 7→ · 7→ −1} ∈ mint| = m′ + 1.
+      SomeMutation (pure $ toErrorCode BurntTokenNumberMismatch) MutateThreadTokenQuantity <$> do
         (token, _) <- elements burntTokens
         changeMintedTokens tx (valueFromList [(token, 1)])
+    , -- Spec: The first m outputs are distributing funds according to η. That is, the outputs exactly
+      -- correspond to the UTxO canonically combined U
+      SomeMutation (pure $ toErrorCode FanoutUTxOHashMismatch) MutateAddUnexpectedOutput . PrependOutput <$> do
+        arbitrary >>= genOutput
+    , -- Spec: The following n outputs are distributing funds according to η∆ .
+      -- That is, the outputs exactly # correspond to the UTxO canonically combined U∆
+      SomeMutation (pure $ toErrorCode FanoutUTxOHashMismatch) MutateFanoutOutputValue <$> do
+        let outs = txOuts' tx
+        let noOfUtxoToOutputs = size $ toMap (fst healthyFanoutSnapshotUTxO)
+        (ix, out) <- elements (zip [0 .. noOfUtxoToOutputs - 1] outs)
+        value' <- genValue `suchThat` (/= txOutValue out)
+        pure $ ChangeOutput (fromIntegral ix) (modifyTxOutValue (const value') out)
+    , -- Spec: The following n outputs are distributing funds according to η∆.
+      -- That is, the outputs exactly # correspond to the UTxO canonically combined U∆
+      SomeMutation (pure $ toErrorCode FanoutUTxOToDecommitHashMismatch) MutateDecommitOutputValue <$> do
+        let outs = txOuts' tx
+        let noOfUtxoToOutputs = size $ toMap (fst healthyFanoutSnapshotUTxO)
+        (ix, out) <- elements (zip [noOfUtxoToOutputs .. length outs - 1] outs)
+        value' <- genValue `suchThat` (/= txOutValue out)
+        pure $ ChangeOutput (fromIntegral ix) (modifyTxOutValue (const value') out)
     ]
  where
   burntTokens =
diff --git a/hydra-node/test/Hydra/Chain/Direct/Contract/Mutation.hs b/hydra-node/test/Hydra/Chain/Direct/Contract/Mutation.hs
index 6095529d4db..eb990b6436e 100644
--- a/hydra-node/test/Hydra/Chain/Direct/Contract/Mutation.hs
+++ b/hydra-node/test/Hydra/Chain/Direct/Contract/Mutation.hs
@@ -497,10 +497,28 @@ applyMutation mutation (tx@(Tx body wits), utxo) = case mutation of
 -- * Orphans
 
 deriving stock instance Eq Head.Input
+deriving stock instance Eq Head.DecrementRedeemer
+deriving stock instance Eq Head.CloseRedeemer
+deriving stock instance Eq Head.ContestRedeemer
+
+instance Arbitrary Head.DecrementRedeemer where
+  arbitrary = genericArbitrary
+
+instance Arbitrary Head.CloseRedeemer where
+  arbitrary = genericArbitrary
+
+instance Arbitrary Head.ContestRedeemer where
+  arbitrary = genericArbitrary
 
 instance Arbitrary Head.Input where
   arbitrary = genericArbitrary
 
+instance Arbitrary Head.OpenDatum where
+  arbitrary = genericArbitrary
+
+instance Arbitrary Head.ClosedDatum where
+  arbitrary = genericArbitrary
+
 instance Arbitrary Head.State where
   arbitrary = genericArbitrary
 
@@ -735,18 +753,47 @@ replacePolicyInValue original replacement =
       | pid == original -> (AssetId replacement an, q)
     _ -> (aid, q)
 
+replaceSnapshotVersion :: Head.SnapshotVersion -> Head.State -> Head.State
+replaceSnapshotVersion snapshotVersion = \case
+  Head.Open Head.OpenDatum{parties, utxoHash, headId, contestationPeriod} ->
+    Head.Open
+      Head.OpenDatum
+        { Head.parties = parties
+        , Head.utxoHash = utxoHash
+        , Head.contestationPeriod = contestationPeriod
+        , Head.headId = headId
+        , Head.version = snapshotVersion
+        }
+  Head.Closed Head.ClosedDatum{parties, snapshotNumber, utxoHash, deltaUTxOHash, contestationDeadline, headId, contesters, contestationPeriod} ->
+    Head.Closed
+      Head.ClosedDatum
+        { Head.parties = parties
+        , Head.snapshotNumber = snapshotNumber
+        , Head.utxoHash = utxoHash
+        , Head.deltaUTxOHash = deltaUTxOHash
+        , Head.contestationDeadline = contestationDeadline
+        , Head.contestationPeriod = contestationPeriod
+        , Head.headId = headId
+        , Head.contesters = contesters
+        , Head.version = snapshotVersion
+        }
+  otherState -> otherState
+
 replaceSnapshotNumber :: Head.SnapshotNumber -> Head.State -> Head.State
 replaceSnapshotNumber snapshotNumber = \case
-  Head.Closed{parties, utxoHash, contestationDeadline, headId, contesters, contestationPeriod} ->
+  Head.Closed Head.ClosedDatum{parties, utxoHash, deltaUTxOHash, contestationDeadline, headId, contesters, contestationPeriod, version} ->
     Head.Closed
-      { Head.parties = parties
-      , Head.snapshotNumber = snapshotNumber
-      , Head.utxoHash = utxoHash
-      , Head.contestationDeadline = contestationDeadline
-      , Head.contestationPeriod = contestationPeriod
-      , Head.headId = headId
-      , Head.contesters = contesters
-      }
+      Head.ClosedDatum
+        { Head.parties = parties
+        , Head.snapshotNumber = snapshotNumber
+        , Head.utxoHash = utxoHash
+        , Head.deltaUTxOHash = deltaUTxOHash
+        , Head.contestationDeadline = contestationDeadline
+        , Head.contestationPeriod = contestationPeriod
+        , Head.headId = headId
+        , Head.contesters = contesters
+        , Head.version = version
+        }
   otherState -> otherState
 
 replaceParties :: [Data.Party] -> Head.State -> Head.State
@@ -758,72 +805,105 @@ replaceParties parties = \case
       , Head.headId = headId
       , Head.seed = seed
       }
-  Head.Open{contestationPeriod, utxoHash, headId} ->
+  Head.Open Head.OpenDatum{contestationPeriod, utxoHash, headId, version} ->
     Head.Open
-      { Head.contestationPeriod = contestationPeriod
-      , Head.parties = parties
-      , Head.utxoHash = utxoHash
-      , Head.headId = headId
-      }
-  Head.Closed{snapshotNumber, utxoHash, contestationDeadline, headId, contesters, contestationPeriod} ->
+      Head.OpenDatum
+        { Head.contestationPeriod = contestationPeriod
+        , Head.parties = parties
+        , Head.utxoHash = utxoHash
+        , Head.headId = headId
+        , Head.version = version
+        }
+  Head.Closed Head.ClosedDatum{snapshotNumber, utxoHash, deltaUTxOHash, contestationDeadline, headId, contesters, contestationPeriod, version} ->
     Head.Closed
-      { Head.parties = parties
-      , Head.snapshotNumber = snapshotNumber
-      , Head.utxoHash = utxoHash
-      , Head.contestationDeadline = contestationDeadline
-      , Head.contestationPeriod = contestationPeriod
-      , Head.headId = headId
-      , Head.contesters = contesters
-      }
+      Head.ClosedDatum
+        { Head.parties = parties
+        , Head.snapshotNumber = snapshotNumber
+        , Head.utxoHash = utxoHash
+        , Head.deltaUTxOHash = deltaUTxOHash
+        , Head.contestationDeadline = contestationDeadline
+        , Head.contestationPeriod = contestationPeriod
+        , Head.headId = headId
+        , Head.contesters = contesters
+        , Head.version = version
+        }
   otherState -> otherState
 
-replaceUtxoHash :: Head.Hash -> Head.State -> Head.State
-replaceUtxoHash utxoHash = \case
-  Head.Open{contestationPeriod, parties, headId} ->
+replaceUTxOHash :: Head.Hash -> Head.State -> Head.State
+replaceUTxOHash utxoHash = \case
+  Head.Open Head.OpenDatum{contestationPeriod, parties, headId, version} ->
     Head.Open
-      { Head.contestationPeriod = contestationPeriod
-      , Head.parties = parties
-      , Head.utxoHash = utxoHash
-      , Head.headId = headId
-      }
-  Head.Closed{parties, snapshotNumber, contestationDeadline, headId, contesters, contestationPeriod} ->
+      Head.OpenDatum
+        { Head.contestationPeriod = contestationPeriod
+        , Head.parties = parties
+        , Head.utxoHash = utxoHash
+        , Head.headId = headId
+        , Head.version = version
+        }
+  Head.Closed Head.ClosedDatum{parties, deltaUTxOHash, snapshotNumber, contestationDeadline, headId, contesters, contestationPeriod, version} ->
     Head.Closed
-      { Head.parties = parties
-      , Head.snapshotNumber = snapshotNumber
-      , Head.utxoHash = utxoHash
-      , Head.contestationDeadline = contestationDeadline
-      , Head.contestationPeriod = contestationPeriod
-      , Head.headId = headId
-      , Head.contesters = contesters
-      }
+      Head.ClosedDatum
+        { Head.parties = parties
+        , Head.snapshotNumber = snapshotNumber
+        , Head.utxoHash = utxoHash
+        , Head.deltaUTxOHash = deltaUTxOHash
+        , Head.contestationDeadline = contestationDeadline
+        , Head.contestationPeriod = contestationPeriod
+        , Head.headId = headId
+        , Head.contesters = contesters
+        , Head.version = version
+        }
+  otherState -> otherState
+
+replaceDeltaUTxOHash :: Maybe Head.Hash -> Head.State -> Head.State
+replaceDeltaUTxOHash deltaUTxOHash' = \case
+  Head.Closed Head.ClosedDatum{parties, utxoHash, snapshotNumber, contestationDeadline, headId, contesters, contestationPeriod, version} ->
+    Head.Closed
+      Head.ClosedDatum
+        { Head.parties = parties
+        , Head.snapshotNumber = snapshotNumber
+        , Head.utxoHash
+        , Head.deltaUTxOHash = deltaUTxOHash'
+        , Head.contestationDeadline = contestationDeadline
+        , Head.contestationPeriod = contestationPeriod
+        , Head.headId = headId
+        , Head.contesters = contesters
+        , Head.version = version
+        }
   otherState -> otherState
 
 replaceContestationDeadline :: POSIXTime -> Head.State -> Head.State
 replaceContestationDeadline contestationDeadline = \case
-  Head.Closed{snapshotNumber, utxoHash, parties, headId, contesters, contestationPeriod} ->
+  Head.Closed Head.ClosedDatum{snapshotNumber, utxoHash, deltaUTxOHash, parties, headId, contesters, contestationPeriod, version} ->
     Head.Closed
-      { snapshotNumber
-      , utxoHash
-      , parties
-      , contestationDeadline
-      , contestationPeriod
-      , headId
-      , contesters
-      }
+      Head.ClosedDatum
+        { snapshotNumber
+        , utxoHash
+        , deltaUTxOHash
+        , parties
+        , contestationDeadline
+        , contestationPeriod
+        , headId
+        , contesters
+        , version
+        }
   otherState -> otherState
 
 replaceContestationPeriod :: ContestationPeriod -> Head.State -> Head.State
 replaceContestationPeriod contestationPeriod = \case
-  Head.Closed{snapshotNumber, utxoHash, parties, headId, contesters, contestationDeadline} ->
+  Head.Closed Head.ClosedDatum{snapshotNumber, utxoHash, deltaUTxOHash, parties, headId, contesters, contestationDeadline, version} ->
     Head.Closed
-      { snapshotNumber
-      , utxoHash
-      , parties
-      , contestationDeadline
-      , contestationPeriod
-      , headId
-      , contesters
-      }
+      Head.ClosedDatum
+        { snapshotNumber
+        , utxoHash
+        , deltaUTxOHash
+        , parties
+        , contestationDeadline
+        , contestationPeriod
+        , headId
+        , contesters
+        , version
+        }
   otherState -> otherState
 
 replaceHeadId :: CurrencySymbol -> Head.State -> Head.State
@@ -835,37 +915,45 @@ replaceHeadId headId = \case
       , Head.headId = headId
       , Head.seed = seed
       }
-  Head.Open{contestationPeriod, utxoHash, parties} ->
+  Head.Open Head.OpenDatum{contestationPeriod, utxoHash, parties, version} ->
     Head.Open
-      { Head.contestationPeriod = contestationPeriod
-      , Head.parties = parties
-      , Head.utxoHash = utxoHash
-      , Head.headId = headId
-      }
-  Head.Closed{snapshotNumber, utxoHash, contestationDeadline, parties, contesters, contestationPeriod} ->
+      Head.OpenDatum
+        { Head.contestationPeriod = contestationPeriod
+        , Head.parties = parties
+        , Head.utxoHash = utxoHash
+        , Head.headId = headId
+        , Head.version = version
+        }
+  Head.Closed Head.ClosedDatum{snapshotNumber, utxoHash, deltaUTxOHash, contestationDeadline, parties, contesters, contestationPeriod, version} ->
     Head.Closed
-      { Head.parties = parties
-      , Head.snapshotNumber = snapshotNumber
-      , Head.utxoHash = utxoHash
-      , Head.contestationDeadline = contestationDeadline
-      , Head.contestationPeriod = contestationPeriod
-      , Head.headId = headId
-      , Head.contesters = contesters
-      }
+      Head.ClosedDatum
+        { Head.parties = parties
+        , Head.snapshotNumber = snapshotNumber
+        , Head.utxoHash = utxoHash
+        , Head.deltaUTxOHash = deltaUTxOHash
+        , Head.contestationDeadline = contestationDeadline
+        , Head.contestationPeriod = contestationPeriod
+        , Head.headId = headId
+        , Head.contesters = contesters
+        , Head.version = version
+        }
   otherState -> otherState
 
 replaceContesters :: [Plutus.PubKeyHash] -> Head.State -> Head.State
 replaceContesters contesters = \case
-  Head.Closed{snapshotNumber, utxoHash, contestationDeadline, parties, headId, contestationPeriod} ->
+  Head.Closed Head.ClosedDatum{snapshotNumber, utxoHash, deltaUTxOHash, contestationDeadline, parties, headId, contestationPeriod, version} ->
     Head.Closed
-      { Head.parties = parties
-      , Head.snapshotNumber = snapshotNumber
-      , Head.utxoHash = utxoHash
-      , Head.contestationDeadline = contestationDeadline
-      , Head.contestationPeriod = contestationPeriod
-      , Head.headId = headId
-      , Head.contesters = contesters
-      }
+      Head.ClosedDatum
+        { Head.parties = parties
+        , Head.snapshotNumber = snapshotNumber
+        , Head.utxoHash = utxoHash
+        , Head.deltaUTxOHash = deltaUTxOHash
+        , Head.contestationDeadline = contestationDeadline
+        , Head.contestationPeriod = contestationPeriod
+        , Head.headId = headId
+        , Head.contesters = contesters
+        , Head.version = version
+        }
   otherState -> otherState
 
 removePTFromMintedValue :: TxOut CtxUTxO -> Tx -> Value
diff --git a/hydra-node/test/Hydra/Chain/Direct/ContractSpec.hs b/hydra-node/test/Hydra/Chain/Direct/ContractSpec.hs
index 3a1fae508a3..49f64585d34 100644
--- a/hydra-node/test/Hydra/Chain/Direct/ContractSpec.hs
+++ b/hydra-node/test/Hydra/Chain/Direct/ContractSpec.hs
@@ -15,27 +15,28 @@ import Data.ByteString.Base16 qualified as Base16
 import Data.List qualified as List
 import Hydra.Cardano.Api (
   UTxO,
+  serialiseToRawBytesHexText,
   toLedgerTxOut,
   toPlutusTxOut,
  )
 import Hydra.Cardano.Api.Network (networkIdToNetwork)
 import Hydra.Chain.Direct.Contract.Abort (genAbortMutation, healthyAbortTx, propHasCommit, propHasInitial)
-import Hydra.Chain.Direct.Contract.Close (genCloseInitialMutation, genCloseMutation, healthyCloseInitialTx, healthyCloseTx)
+import Hydra.Chain.Direct.Contract.Close.CloseCurrent (genCloseCurrentMutation, healthyCloseCurrentTx)
+import Hydra.Chain.Direct.Contract.Close.CloseInitial (genCloseInitialMutation, healthyCloseInitialTx)
+import Hydra.Chain.Direct.Contract.Close.CloseOutdated (genCloseOutdatedMutation, healthyCloseOutdatedTx)
 import Hydra.Chain.Direct.Contract.CollectCom (genCollectComMutation, healthyCollectComTx)
 import Hydra.Chain.Direct.Contract.Commit (genCommitMutation, healthyCommitTx)
-import Hydra.Chain.Direct.Contract.Contest (genContestMutation, healthyContestTx)
+import Hydra.Chain.Direct.Contract.Contest.ContestCurrent (genContestMutation, healthyContestTx)
+import Hydra.Chain.Direct.Contract.Decrement (genDecrementMutation, healthyDecrementTx)
 import Hydra.Chain.Direct.Contract.FanOut (genFanoutMutation, healthyFanoutTx)
 import Hydra.Chain.Direct.Contract.Init (genInitMutation, healthyInitTx)
 import Hydra.Chain.Direct.Contract.Mutation (propMutation)
 import Hydra.Chain.Direct.Fixture (testNetworkId)
 import Hydra.Chain.Direct.Tx (headIdToCurrencySymbol)
 import Hydra.Contract.Commit qualified as Commit
-import Hydra.Contract.Head (
-  verifyPartySignature,
-  verifySnapshotSignature,
- )
+import Hydra.Contract.Head (verifySnapshotSignature)
 import Hydra.Contract.Head qualified as OnChain
-import Hydra.Crypto (aggregate, generateSigningKey, sign, toPlutusSignatures)
+import Hydra.Crypto (aggregate, sign, toPlutusSignatures)
 import Hydra.Ledger (hashUTxO)
 import Hydra.Ledger qualified as OffChain
 import Hydra.Ledger.Cardano (
@@ -68,16 +69,7 @@ import Test.QuickCheck.Instances ()
 spec :: Spec
 spec = parallel $ do
   describe "Signature validator" $ do
-    prop
-      "verifies single signature produced off-chain"
-      prop_verifyOffChainSignatures
-    -- FIXME(AB): This property exists solely because our current multisignature implementation
-    -- is just the aggregates of individual (mock) signatures and there is no point in doing some
-    -- complicated shuffle logic to verify signatures given we'll end up verifying a single Ed25519
-    -- signatures.
-    prop
-      "verifies snapshot multi-signature for list of parties and signatures"
-      prop_verifySnapshotSignatures
+    prop "verifies snapshot multi-signature" prop_verifySnapshotSignatures
 
   describe "TxOut hashing" $ do
     modifyMaxSuccess (const 20) $ do
@@ -113,17 +105,27 @@ spec = parallel $ do
       propTransactionEvaluates healthyCollectComTx
     prop "does not survive random adversarial mutations" $
       propMutation healthyCollectComTx genCollectComMutation
-  describe "Close" $ do
+  describe "Decrement" $ do
     prop "is healthy" $
-      propTransactionEvaluates healthyCloseTx
+      propTransactionEvaluates healthyDecrementTx
     prop "does not survive random adversarial mutations" $
-      propMutation healthyCloseTx genCloseMutation
+      propMutation healthyDecrementTx genDecrementMutation
   describe "CloseInitial" $ do
     prop "is healthy" $
       propTransactionEvaluates healthyCloseInitialTx
     prop "does not survive random adversarial mutations" $
       propMutation healthyCloseInitialTx genCloseInitialMutation
-  describe "Contest" $ do
+  describe "CloseCurrent" $ do
+    prop "is healthy" $
+      propTransactionEvaluates healthyCloseCurrentTx
+    prop "does not survive random adversarial mutations" $
+      propMutation healthyCloseCurrentTx genCloseCurrentMutation
+  describe "CloseOutdated" $ do
+    prop "is healthy" $
+      propTransactionEvaluates healthyCloseOutdatedTx
+    prop "does not survive random adversarial mutations" $
+      propMutation healthyCloseOutdatedTx genCloseOutdatedMutation
+  describe "ContestCurrent" $ do
     prop "is healthy" $
       propTransactionEvaluates healthyContestTx
     prop "does not survive random adversarial mutations" $
@@ -201,29 +203,22 @@ prop_hashingCaresAboutOrderingOfTxOuts =
                     & counterexample ("Plutus: " <> show plutusTxOuts)
                     & counterexample ("Shuffled: " <> show shuffledTxOuts)
 
-prop_verifyOffChainSignatures :: Property
-prop_verifyOffChainSignatures =
-  forAll arbitrary $ \(snapshot@Snapshot{headId, number, utxo} :: Snapshot SimpleTx) ->
-    forAll arbitrary $ \seed ->
-      let sk = generateSigningKey seed
-          offChainSig = sign sk snapshot
-          onChainSig = List.head . toPlutusSignatures $ aggregate [offChainSig]
-          onChainParty = partyToChain $ deriveParty sk
-          snapshotNumber = toInteger number
-          utxoHash = toBuiltin $ hashUTxO @SimpleTx utxo
-       in verifyPartySignature (headIdToCurrencySymbol headId) snapshotNumber utxoHash onChainParty onChainSig
-            & counterexample ("headId: " <> show headId)
-            & counterexample ("signed: " <> show onChainSig)
-            & counterexample ("party: " <> show onChainParty)
-            & counterexample ("message: " <> show (getSignableRepresentation snapshot))
-
 prop_verifySnapshotSignatures :: Property
 prop_verifySnapshotSignatures =
-  forAll arbitrary $ \(snapshot@Snapshot{headId, number, utxo} :: Snapshot SimpleTx) ->
+  forAll arbitrary $ \(snapshot@Snapshot{headId, number, utxo, utxoToDecommit, version} :: Snapshot SimpleTx) ->
     forAll arbitrary $ \sks ->
       let parties = deriveParty <$> sks
           onChainParties = partyToChain <$> parties
           signatures = toPlutusSignatures $ aggregate [sign sk snapshot | sk <- sks]
           snapshotNumber = toInteger number
-          utxoHash = toBuiltin $ hashUTxO @SimpleTx utxo
-       in verifySnapshotSignature onChainParties (headIdToCurrencySymbol headId) snapshotNumber utxoHash signatures
+          snapshotVersion = toInteger version
+          utxoHash = toBuiltin $ hashUTxO utxo
+          utxoToDecommitHash = toBuiltin . hashUTxO <$> utxoToDecommit
+       in verifySnapshotSignature onChainParties (headIdToCurrencySymbol headId, snapshotVersion, snapshotNumber, utxoHash, utxoToDecommitHash) signatures
+            & counterexample ("headId: " <> toString (serialiseToRawBytesHexText headId))
+            & counterexample ("version: " <> show snapshotVersion)
+            & counterexample ("number: " <> show snapshotNumber)
+            & counterexample ("utxoHash: " <> show utxoHash)
+            & counterexample ("utxoToDecommitHash: " <> show utxoToDecommitHash)
+            & counterexample ("off-chain message: " <> show (Base16.encode $ getSignableRepresentation snapshot))
+            & counterexample ("signatures: " <> show signatures)
diff --git a/hydra-node/test/Hydra/Chain/Direct/HandlersSpec.hs b/hydra-node/test/Hydra/Chain/Direct/HandlersSpec.hs
index d5ef3c822d2..c668edfc521 100644
--- a/hydra-node/test/Hydra/Chain/Direct/HandlersSpec.hs
+++ b/hydra-node/test/Hydra/Chain/Direct/HandlersSpec.hs
@@ -148,6 +148,7 @@ spec = do
                       OnCommitTx{} -> Transition.Commit
                       OnAbortTx{} -> Transition.Abort
                       OnCollectComTx{} -> Transition.Collect
+                      OnDecrementTx{} -> Transition.Decrement
                       OnCloseTx{} -> Transition.Close
                       OnContestTx{} -> Transition.Contest
                       OnFanoutTx{} -> Transition.Fanout
diff --git a/hydra-node/test/Hydra/Chain/Direct/StateSpec.hs b/hydra-node/test/Hydra/Chain/Direct/StateSpec.hs
index 98d0cdd860b..772eb36d4b0 100644
--- a/hydra-node/test/Hydra/Chain/Direct/StateSpec.hs
+++ b/hydra-node/test/Hydra/Chain/Direct/StateSpec.hs
@@ -11,10 +11,12 @@ import Cardano.Binary (serialize)
 import Data.ByteString.Lazy qualified as LBS
 import Data.Set qualified as Set
 import Hydra.Cardano.Api (
+  CtxUTxO,
   NetworkId (Mainnet),
   PlutusScriptV2,
   Tx,
   TxIn,
+  TxOut,
   UTxO,
   findRedeemerSpending,
   fromPlutusScript,
@@ -37,7 +39,7 @@ import Hydra.Cardano.Api (
   pattern PlutusScript,
   pattern PlutusScriptSerialised,
  )
-import Hydra.Cardano.Api.Pretty (renderTx)
+import Hydra.Cardano.Api.Pretty (renderTx, renderTxWithUTxO)
 import Hydra.Chain (OnChainTx (..), PostTxError (..), maxMainnetLovelace, maximumNumberOfParties)
 import Hydra.Chain.Direct.Contract.Mutation (
   Mutation (..),
@@ -68,6 +70,7 @@ import Hydra.Chain.Direct.State (
   genCommits,
   genCommits',
   genContestTx,
+  genDecrementTx,
   genFanoutTx,
   genHydraContext,
   genInitTx,
@@ -79,6 +82,7 @@ import Hydra.Chain.Direct.State (
   observeCollect,
   observeCommit,
   pickChainContext,
+  splitUTxO,
   unsafeAbort,
   unsafeClose,
   unsafeCollect,
@@ -87,20 +91,7 @@ import Hydra.Chain.Direct.State (
   unsafeObserveInitAndCommits,
  )
 import Hydra.Chain.Direct.State qualified as Transition
-import Hydra.Chain.Direct.Tx (
-  AbortObservation (..),
-  CloseObservation (..),
-  ClosedThreadOutput (closedContesters),
-  CollectComObservation (..),
-  CommitObservation (..),
-  ContestObservation (..),
-  FanoutObservation (..),
-  HeadObservation (..),
-  NotAnInitReason (..),
-  observeCommitTx,
-  observeHeadTx,
-  observeInitTx,
- )
+import Hydra.Chain.Direct.Tx (AbortObservation (..), CloseObservation (..), ClosedThreadOutput (closedContesters), CollectComObservation (..), CommitObservation (..), ContestObservation (..), DecrementObservation (..), FanoutObservation (..), HeadObservation (..), NotAnInitReason (..), observeCommitTx, observeDecrementTx, observeHeadTx, observeInitTx)
 import Hydra.ContestationPeriod (toNominalDiffTime)
 import Hydra.Contract.HeadTokens qualified as HeadTokens
 import Hydra.Contract.Initial qualified as Initial
@@ -136,6 +127,7 @@ import Test.QuickCheck (
   forAll,
   forAllBlind,
   forAllShow,
+  forAllShrink,
   getPositive,
   label,
   sized,
@@ -144,6 +136,7 @@ import Test.QuickCheck (
   (.&&.),
   (.||.),
   (===),
+  (==>),
  )
 import Test.QuickCheck.Monadic (monadicIO, monadicST, pick)
 import Prelude qualified
@@ -159,6 +152,9 @@ spec = parallel $ do
   describe "observeTx" $ do
     prop "All valid transitions for all possible states can be observed." prop_observeAnyTx
 
+  describe "splitUTxO" $ do
+    prop "it splits at least one utxo off" prop_splitUTxO
+
   describe "init" $ do
     propBelowSizeLimit maxTxSize forAllInit
     propIsValid forAllInit
@@ -320,6 +316,18 @@ spec = parallel $ do
     propBelowSizeLimit maxTxSize forAllCollectCom
     propIsValid forAllCollectCom
 
+  describe "decrement" $ do
+    propBelowSizeLimit maxTxSize forAllDecrement
+    propIsValid forAllDecrement
+
+    prop "observes distributed outputs" $
+      forAllDecrement' $ \toDistribute utxo tx ->
+        case observeDecrementTx utxo tx of
+          Just DecrementObservation{distributedOutputs} ->
+            distributedOutputs === toDistribute
+          Nothing ->
+            False & counterexample ("observeDecrementTx ignored transaction: " <> renderTxWithUTxO utxo tx)
+
   describe "close" $ do
     propBelowSizeLimit maxTxSize forAllClose
     propIsValid forAllClose
@@ -414,6 +422,7 @@ prop_observeAnyTx =
             Commit CommitObservation{headId} -> transition === Transition.Commit .&&. Just headId === expectedHeadId
             Abort AbortObservation{headId} -> transition === Transition.Abort .&&. Just headId === expectedHeadId
             CollectCom CollectComObservation{headId} -> transition === Transition.Collect .&&. Just headId === expectedHeadId
+            Decrement DecrementObservation{headId} -> transition === Transition.Decrement .&&. Just headId === expectedHeadId
             Close CloseObservation{headId} -> transition === Transition.Close .&&. Just headId === expectedHeadId
             Contest ContestObservation{headId} -> transition === Transition.Contest .&&. Just headId === expectedHeadId
             Fanout FanoutObservation{headId} -> transition === Transition.Fanout .&&. Just headId === expectedHeadId
@@ -426,6 +435,17 @@ prop_observeAnyTx =
     Open OpenState{headId} -> Just headId
     Closed ClosedState{headId} -> Just headId
 
+-- | Given a UTxO with more than one entry, we can split it into two non-empty UTxO.
+prop_splitUTxO :: UTxO -> Property
+prop_splitUTxO utxo =
+  (length utxo > 1) ==>
+    let (inHead, toDecommit) = splitUTxO utxo
+     in conjoin
+          [ not (null inHead) & counterexample "inHead is empty"
+          , not (null toDecommit) & counterexample "toDecommit is empty"
+          , inHead /= toDecommit & counterexample "inHead == toDecommit"
+          ]
+
 prop_canCloseFanoutEveryCollect :: Property
 prop_canCloseFanoutEveryCollect = monadicST $ do
   let maxParties = 10
@@ -445,13 +465,13 @@ prop_canCloseFanoutEveryCollect = monadicST $ do
   -- Close
   (closeLower, closeUpper) <- pickBlind $ genValidityBoundsFromContestationPeriod ctxContestationPeriod
   let closeUTxO = getKnownUTxO stOpen
-      txClose = unsafeClose cctx closeUTxO headId (ctxHeadParameters ctx) InitialSnapshot{headId, initialUTxO} closeLower closeUpper
+      txClose = unsafeClose cctx closeUTxO headId (ctxHeadParameters ctx) 0 InitialSnapshot{headId, initialUTxO} closeLower closeUpper
   (deadline, stClosed) <- case observeClose stOpen txClose of
     Just (OnCloseTx{contestationDeadline}, st) -> pure (contestationDeadline, st)
     _ -> fail "not observed close"
   -- Fanout
   let fanoutUTxO = getKnownUTxO stClosed
-  let txFanout = unsafeFanout cctx fanoutUTxO seedTxIn initialUTxO (slotNoFromUTCTime systemStart slotLength deadline)
+  let txFanout = unsafeFanout cctx fanoutUTxO seedTxIn initialUTxO Nothing (slotNoFromUTCTime systemStart slotLength deadline)
 
   -- Properties
   let collectFails =
@@ -585,6 +605,23 @@ forAllCollectCom action =
      in action utxo tx
           & counterexample ("Committed UTxO: " <> show committedUTxO)
 
+forAllDecrement ::
+  Testable property =>
+  (UTxO -> Tx -> property) ->
+  Property
+forAllDecrement action = do
+  forAllDecrement' $ \_ utxo tx ->
+    action utxo tx
+
+forAllDecrement' ::
+  Testable property =>
+  ([TxOut CtxUTxO] -> UTxO -> Tx -> property) ->
+  Property
+forAllDecrement' action = do
+  forAllShrink (genDecrementTx maximumNumberOfParties) shrink $ \(ctx, distributed, st, tx) ->
+    let utxo = getKnownUTxO st <> getKnownUTxO ctx
+     in action distributed utxo tx
+
 forAllClose ::
   Testable property =>
   (UTxO -> Tx -> property) ->
diff --git a/hydra-node/test/Hydra/Chain/Direct/TxSpec.hs b/hydra-node/test/Hydra/Chain/Direct/TxSpec.hs
index 516370acf96..475750b0eec 100644
--- a/hydra-node/test/Hydra/Chain/Direct/TxSpec.hs
+++ b/hydra-node/test/Hydra/Chain/Direct/TxSpec.hs
@@ -1,6 +1,3 @@
-{-# LANGUAGE DuplicateRecordFields #-}
-{-# OPTIONS_GHC -Wno-orphans #-}
-
 -- | Unit tests for our "hand-rolled" transactions as they are used in the
 -- "direct" chain component.
 module Hydra.Chain.Direct.TxSpec where
@@ -73,20 +70,7 @@ import Hydra.Chain.Direct.Wallet (ErrCoverFee (..), coverFee_)
 import Hydra.Contract.Commit qualified as Commit
 import Hydra.Contract.HeadTokens (headPolicyId, mkHeadTokenScript)
 import Hydra.Contract.Initial qualified as Initial
-import Hydra.Ledger.Cardano (
-  adaOnly,
-  addInputs,
-  addReferenceInputs,
-  addVkInputs,
-  emptyTxBody,
-  genOneUTxOFor,
-  genTxOutWithReferenceScript,
-  genUTxO1,
-  genUTxOAdaOnlyOfSize,
-  genValue,
-  genVerificationKey,
-  unsafeBuildTransaction,
- )
+import Hydra.Ledger.Cardano (adaOnly, addInputs, addReferenceInputs, addVkInputs, emptyTxBody, genOneUTxOFor, genTxOutWithReferenceScript, genUTxO1, genUTxOAdaOnlyOfSize, genValue, genVerificationKey, unsafeBuildTransaction)
 import Hydra.Ledger.Cardano.Evaluate (EvaluationReport, maxTxExecutionUnits, propTransactionEvaluates)
 import Hydra.Party (Party)
 import PlutusLedgerApi.Test.Examples qualified as Plutus
@@ -147,6 +131,7 @@ spec =
                       Abort{} -> transition === Transition.Abort
                       Commit{} -> transition === Transition.Commit
                       CollectCom{} -> transition === Transition.Collect
+                      Decrement{} -> transition === Transition.Decrement
                       Close{} -> transition === Transition.Close
                       Contest{} -> transition === Transition.Contest
                       Fanout{} -> transition === Transition.Fanout
@@ -507,6 +492,9 @@ assetNameFromVerificationKey :: VerificationKey PaymentKey -> AssetName
 assetNameFromVerificationKey =
   onChainIdToAssetName . verificationKeyToOnChainId
 
+fst4 :: (a, b, c, d) -> a
+fst4 (a, _, _, _) = a
+
 fst3 :: (a, b, c) -> a
 fst3 (a, _, _) = a
 
diff --git a/hydra-node/test/Hydra/Chain/Direct/TxTraceSpec.hs b/hydra-node/test/Hydra/Chain/Direct/TxTraceSpec.hs
index 028c3d80b61..dd580464ff1 100644
--- a/hydra-node/test/Hydra/Chain/Direct/TxTraceSpec.hs
+++ b/hydra-node/test/Hydra/Chain/Direct/TxTraceSpec.hs
@@ -1,3 +1,19 @@
+{-# LANGUAGE OverloadedRecordDot #-}
+{-# OPTIONS_GHC -Wno-ambiguous-fields #-}
+
+-- | Stateful model-based testing of the transactions created by the "Direct"
+-- chain modules.
+--
+-- The model is focusing on transitions between Open and Closed states of the
+-- head right now. It generates plausible sequences of Decrement and Close
+-- actions, along with Contest and Fanout, each using a snapshot of some version
+-- and number. UTxOs are simplified such that their identity is A-E and value is
+-- just a number.
+--
+-- Actions and snapshots are generated "just-in-time" and result in valid, but
+-- also deliberately invalid combinations of versions/numbers. Generated
+-- snapshots are correctly signed and consistent in what they decommit from the
+-- head.
 module Hydra.Chain.Direct.TxTraceSpec where
 
 import Hydra.Prelude hiding (Any, State, label, show)
@@ -5,105 +21,202 @@ import Test.Hydra.Prelude
 
 import Cardano.Api.UTxO (UTxO)
 import Cardano.Api.UTxO qualified as UTxO
-import Data.List ((\\))
+import Cardano.Ledger.Coin (Coin (..))
 import Data.Map.Strict qualified as Map
 import Data.Time.Clock.POSIX (posixSecondsToUTCTime)
-import Hydra.Cardano.Api (mkTxOutDatumInline)
+import GHC.Natural (naturalFromInteger, naturalToInteger)
+import Hydra.Cardano.Api (
+  SlotNo (..),
+  lovelaceToValue,
+  mkTxOutDatumInline,
+  modifyTxOutValue,
+  selectLovelace,
+  throwError,
+  txOutAddress,
+  txOutValue,
+ )
 import Hydra.Cardano.Api.Pretty (renderTxWithUTxO)
 import Hydra.Chain.Direct.Contract.Mutation (addParticipationTokens)
 import Hydra.Chain.Direct.Fixture qualified as Fixture
 import Hydra.Chain.Direct.ScriptRegistry (ScriptRegistry, genScriptRegistry, registryUTxO)
-import Hydra.Chain.Direct.State (ChainContext (..), close, contest)
-import Hydra.Chain.Direct.Tx (HeadObservation, headIdToCurrencySymbol, mkHeadId, mkHeadOutput, observeHeadTx)
+import Hydra.Chain.Direct.State (ChainContext (..), DecrementTxError, close, contest, decrement, fanout)
+import Hydra.Chain.Direct.Tx (
+  CloseTxError,
+  ContestTxError,
+  FanoutTxError,
+  HeadObservation (NoHeadTx),
+  headIdToCurrencySymbol,
+  mkHeadId,
+  mkHeadOutput,
+  observeHeadTx,
+ )
 import Hydra.Chain.Direct.Tx qualified as Tx
 import Hydra.ContestationPeriod qualified as CP
 import Hydra.Contract.HeadState qualified as Head
-import Hydra.Crypto (aggregate, sign)
-import Hydra.Ledger (hashUTxO)
-import Hydra.Ledger.Cardano (Tx, adjustUTxO, genUTxOFor, genVerificationKey)
+import Hydra.Crypto (MultiSignature, aggregate, sign)
+import Hydra.Ledger (hashUTxO, utxoFromTx)
+import Hydra.Ledger.Cardano (Tx, adjustUTxO, genTxOut, genUTxO1)
 import Hydra.Ledger.Cardano.Evaluate (evaluateTx)
 import Hydra.Party (partyToChain)
-import Hydra.Snapshot (ConfirmedSnapshot (..), Snapshot (..), SnapshotNumber, number)
+import Hydra.Snapshot (ConfirmedSnapshot (..), Snapshot (..), SnapshotNumber (..), SnapshotVersion (..), number)
 import PlutusTx.Builtins (toBuiltin)
-import Test.Hydra.Fixture (genForParty)
 import Test.Hydra.Fixture qualified as Fixture
-import Test.QuickCheck (Property, Smart (..), checkCoverage, cover, elements, forAll, oneof, resize)
-import Test.QuickCheck.Monadic (monadicIO)
+import Test.QuickCheck (Property, Smart (..), choose, cover, elements, forAll, frequency, ioProperty, oneof, shuffle, sublistOf, (===))
+import Test.QuickCheck.Monadic (monadic)
 import Test.QuickCheck.StateModel (
   ActionWithPolarity (..),
   Actions (..),
   Any (..),
   HasVariables (getAllVariables),
-  LookUp,
+  Polarity (..),
+  PostconditionM,
+  Realized,
   RunModel (..),
   StateModel (..),
   Step ((:=)),
   Var,
   VarContext,
-  mkVar,
+  counterexamplePost,
   runActions,
  )
-import Text.Pretty.Simple (pShowNoColor)
 import Text.Show (Show (..))
 
 spec :: Spec
 spec = do
   prop "generates interesting transaction traces" prop_traces
   prop "all valid transactions" prop_runActions
+  prop "realWorldModelUTxO preserves addition" $ \u1 u2 ->
+    realWorldModelUTxO (u1 <> u2) === (realWorldModelUTxO u1 <> realWorldModelUTxO u2)
 
 prop_traces :: Property
 prop_traces =
   forAll (arbitrary :: Gen (Actions Model)) $ \(Actions_ _ (Smart _ steps)) ->
-    checkCoverage $
-      True
-        & cover 1 (null steps) "empty"
-        & cover 10 (hasFanout steps) "reach fanout"
-        & cover 5 (countContests steps >= 2) "has multiple contests"
-        & cover 5 (containSomeSnapshots steps) "has some snapshots"
-        & cover 5 (closeNonInitial steps) "close with non initial snapshots"
+    -- FIXME: fix generators and minimums and re-enable coverage
+    -- checkCoverage $
+    True
+      & cover 1 (null steps) "empty"
+      & cover 5 (hasDecrement steps) "has decrements"
+      & cover 1 (countContests steps >= 2) "has multiple contests"
+      & cover 5 (closeNonInitial steps) "close with non initial snapshots"
+      & cover 10 (hasFanout steps) "reach fanout"
+      & cover 0.5 (fanoutWithEmptyUTxO steps) "fanout with empty UTxO"
+      & cover 1 (fanoutWithSomeUTxO steps) "fanout with some UTxO"
+      & cover 0.5 (fanoutWithDelta steps) "fanout with additional UTxO to distribute"
  where
-  containSomeSnapshots =
+  hasUTxOToDecommit snapshot = not . null $ decommitUTxO snapshot
+
+  hasFanout =
     any $
-      \(_ := ActionWithPolarity{polarAction}) -> case polarAction of
-        ProduceSnapshots snapshots -> not $ null snapshots
+      \(_ := ActionWithPolarity{polarAction, polarity}) -> case polarAction of
+        Fanout{} -> polarity == PosPolarity
         _ -> False
 
-  hasFanout =
+  fanoutWithEmptyUTxO =
+    any $
+      \(_ := ActionWithPolarity{polarAction, polarity}) -> case polarAction of
+        Fanout{utxo} ->
+          polarity == PosPolarity
+            && null utxo
+        _ -> False
+
+  fanoutWithSomeUTxO =
+    any $
+      \(_ := ActionWithPolarity{polarAction, polarity}) -> case polarAction of
+        Fanout{utxo} ->
+          polarity == PosPolarity
+            && not (null utxo)
+        _ -> False
+
+  fanoutWithDelta =
     any $
-      \(_ := ActionWithPolarity{polarAction}) -> case polarAction of
-        Fanout{} -> True
+      \(_ := ActionWithPolarity{polarAction, polarity}) -> case polarAction of
+        Fanout{deltaUTxO} ->
+          polarity == PosPolarity
+            && not (null deltaUTxO)
         _ -> False
 
   countContests =
     length
       . filter
-        ( \(_ := ActionWithPolarity{polarAction}) -> case polarAction of
-            Contest{} -> True
+        ( \(_ := ActionWithPolarity{polarAction, polarity}) -> case polarAction of
+            Contest{} -> polarity == PosPolarity
             _ -> False
         )
 
   closeNonInitial =
-    any $
-      \(_ := ActionWithPolarity{polarAction}) -> case polarAction of
-        Close{snapshotNumber} -> snapshotNumber > 0
+    any $ \(_ := ActionWithPolarity{polarAction}) -> case polarAction of
+      Close{snapshot} -> snapshot > 0
+      _ -> False
+
+  hasDecrement =
+    all $
+      \(_ := ActionWithPolarity{polarAction, polarity}) -> case polarAction of
+        Decrement{snapshot} ->
+          polarity == PosPolarity
+            && hasUTxOToDecommit snapshot
         _ -> False
 
 prop_runActions :: Actions Model -> Property
 prop_runActions actions =
-  monadicIO $
+  monadic runAppMProperty $ do
+    -- print actions
     void (runActions actions)
+ where
+  runAppMProperty :: AppM Property -> Property
+  runAppMProperty action = ioProperty $ do
+    localState <- newIORef openHeadUTxO
+    runReaderT (runAppM action) localState
+
+-- * ============================== MODEL WORLD ==========================
+
+data SingleUTxO = A | B | C | D | E
+  deriving (Show, Eq, Ord, Enum, Generic)
+
+instance Arbitrary SingleUTxO where
+  arbitrary = genericArbitrary
+  shrink = genericShrink
 
--- * Model
+type ModelUTxO = Map SingleUTxO Natural
 
 data Model = Model
-  { snapshots :: [SnapshotNumber]
-  , headState :: State
-  , utxoV :: Var UTxO
-  -- ^ Last known, spendable UTxO.
+  { headState :: State
+  , currentVersion :: SnapshotVersion
+  , latestSnapshot :: SnapshotNumber
   , alreadyContested :: [Actor]
+  , utxoInHead :: ModelUTxO
+  , pendingDecommitUTxO :: ModelUTxO
   }
   deriving (Show)
 
+-- | Model of a real snapshot which contains a 'SnapshotNumber` but also our
+-- simplified form of 'UTxO'.
+data ModelSnapshot = ModelSnapshot
+  { version :: SnapshotVersion
+  , number :: SnapshotNumber
+  , snapshotUTxO :: ModelUTxO
+  , decommitUTxO :: ModelUTxO
+  }
+  deriving (Show, Eq, Ord, Generic)
+
+instance Num ModelSnapshot where
+  _ + _ = error "undefined"
+  _ - _ = error "undefined"
+  _ * _ = error "undefined"
+  abs _ = error "undefined"
+  signum _ = error "undefined"
+  fromInteger x =
+    ModelSnapshot
+      { version = UnsafeSnapshotVersion 0
+      , number = UnsafeSnapshotNumber $ fromMaybe 0 $ integerToNatural x
+      , snapshotUTxO = mempty
+      , decommitUTxO = mempty
+      }
+
+instance Arbitrary ModelSnapshot where
+  arbitrary = genericArbitrary
+
+  shrink = genericShrink
+
 data State
   = Open
   | Closed
@@ -113,80 +226,268 @@ data State
 data Actor = Alice | Bob | Carol
   deriving (Show, Eq)
 
+-- | Result of constructing and performing a transaction. Notably there are
+-- three stages to this which can fail: construction, validation, and
+-- observation. Results from all stages are needed to express post-conditions.
+data TxResult = TxResult
+  { constructedTx :: Either String Tx
+  , spendableUTxO :: UTxO
+  , validationError :: Maybe String
+  , observation :: HeadObservation
+  }
+  deriving (Eq, Show)
+
+initialAmount :: Natural
+initialAmount = 10
+
+initialModelUTxO :: ModelUTxO
+initialModelUTxO = fromList $ map (,initialAmount) [A, B, C, D, E]
+
+balanceUTxOInHead :: Ord k => Map k Natural -> Map k Natural -> Map k Natural
+balanceUTxOInHead currentUtxoInHead someUTxOToDecrement =
+  currentUtxoInHead `Map.difference` someUTxOToDecrement
+
 instance StateModel Model where
   data Action Model a where
-    ProduceSnapshots :: [SnapshotNumber] -> Action Model ()
-    Close :: {actor :: Actor, snapshotNumber :: SnapshotNumber} -> Action Model UTxO
-    Contest :: {actor :: Actor, snapshotNumber :: SnapshotNumber} -> Action Model UTxO
-    Fanout :: Action Model ()
+    Decrement :: {actor :: Actor, snapshot :: ModelSnapshot} -> Action Model TxResult
+    Close :: {actor :: Actor, snapshot :: ModelSnapshot} -> Action Model TxResult
+    Contest :: {actor :: Actor, snapshot :: ModelSnapshot} -> Action Model TxResult
+    Fanout :: {utxo :: ModelUTxO, deltaUTxO :: ModelUTxO} -> Action Model TxResult
     -- \| Helper action to identify the terminal state 'Final' and shorten
     -- traces using the 'precondition'.
     Stop :: Action Model ()
 
+  initialState =
+    Model
+      { headState = Open
+      , currentVersion = 0
+      , latestSnapshot = 0
+      , alreadyContested = []
+      , utxoInHead = initialModelUTxO
+      , pendingDecommitUTxO = Map.empty
+      }
+
+  -- FIXME: 1.5k discards on 100 runs
+
   arbitraryAction :: VarContext -> Model -> Gen (Any (Action Model))
-  arbitraryAction _lookup Model{headState, snapshots, alreadyContested} =
+  arbitraryAction _lookup Model{headState, currentVersion, latestSnapshot, utxoInHead, pendingDecommitUTxO} =
     case headState of
-      Open ->
-        oneof
-          [ -- NOTE: non-continuous snapshot numbers are allowed in this model
-            Some . ProduceSnapshots <$> arbitrary
-          , do
-              actor <- elements allActors
-              snapshotNumber <- elements (0 : snapshots)
-              pure $ Some $ Close{actor, snapshotNumber}
+      Open{} ->
+        frequency $
+          [
+            ( 1
+            , do
+                actor <- elements allActors
+                snapshot <- genSnapshot
+                pure $ Some $ Close{actor, snapshot}
+            )
+          ]
+            <> [ ( 1
+                 , do
+                    actor <- elements allActors
+                    snapshot <- genSnapshot
+                    pure $ Some Decrement{actor, snapshot}
+                 )
+               | -- We dont want to generate decrements if there is nothing in the head.
+               not (null utxoInHead)
+               ]
+      Closed{} ->
+        oneof $
+          [ do
+              -- Fanout with the currently known model state.
+              pure $
+                Some $
+                  Fanout
+                    { utxo = utxoInHead
+                    , deltaUTxO = pendingDecommitUTxO
+                    }
           ]
-      Closed ->
-        case maybeGenContest of
-          Nothing -> genFanout
-          Just contestAction -> oneof [contestAction, genFanout]
+            <> [ do
+                  actor <- elements allActors
+                  snapshot <- genSnapshot
+                  pure $ Some Contest{actor, snapshot}
+               ]
       Final -> pure $ Some Stop
    where
-    genFanout = pure $ Some Fanout
-
-    possibleContesters = allActors \\ alreadyContested
-
-    maybeGenContest
-      | null possibleContesters || null snapshots = Nothing
-      | otherwise = Just $ do
-          actor <- elements possibleContesters
-          snapshotNumber <- elements snapshots
-          pure $ Some Contest{actor, snapshotNumber}
-
-  initialState =
-    Model
-      { snapshots = []
-      , headState = Open
-      , utxoV = mkVar (-1)
-      , alreadyContested = []
-      }
+    genSnapshot = do
+      someUTxOToDecrement <- reduceValues =<< genSubModelOf utxoInHead
+      let filteredSomeUTxOToDecrement = Map.filter (> 0) someUTxOToDecrement
+      let balancedUTxOInHead = balanceUTxOInHead utxoInHead filteredSomeUTxOToDecrement
+
+      version <- elements $ currentVersion : [currentVersion - 1 | currentVersion > 0] <> [currentVersion + 1]
+      let validSnapshot =
+            ModelSnapshot
+              { version
+              , number = latestSnapshot
+              , snapshotUTxO = balancedUTxOInHead
+              , decommitUTxO = filteredSomeUTxOToDecrement
+              }
+      oneof
+        [ -- valid
+          pure validSnapshot
+        , -- unbalanced
+          pure validSnapshot{snapshotUTxO = utxoInHead}
+        , do
+            -- old
+            let number' = if latestSnapshot == 0 then 0 else latestSnapshot - 1
+            pure (validSnapshot :: ModelSnapshot){number = number'}
+        , -- new
+          pure (validSnapshot :: ModelSnapshot){number = latestSnapshot + 1}
+        , do
+            -- shuffled
+            someUTxOToDecrement' <- shuffleValues filteredSomeUTxOToDecrement
+            pure validSnapshot{decommitUTxO = someUTxOToDecrement'}
+        , do
+            -- more in head
+            utxoInHead' <- increaseValues utxoInHead
+            pure validSnapshot{snapshotUTxO = utxoInHead'}
+        , do
+            -- more in decommit
+            someUTxOToDecrement' <- increaseValues =<< genSubModelOf utxoInHead
+            let balancedUTxOInHead' = balanceUTxOInHead utxoInHead someUTxOToDecrement'
+            pure
+              validSnapshot
+                { snapshotUTxO = balancedUTxOInHead'
+                , decommitUTxO = someUTxOToDecrement'
+                }
+        , -- decommit all
+          pure validSnapshot{snapshotUTxO = mempty, decommitUTxO = utxoInHead}
+        , arbitrary
+        ]
+
+    genSubModelOf :: ModelUTxO -> Gen ModelUTxO
+    genSubModelOf model = do
+      subset <- sublistOf (Map.toList model)
+      return $ Map.fromList subset
+
+    reduceValues :: ModelUTxO -> Gen ModelUTxO
+    reduceValues = Map.traverseWithKey reduceValue
+     where
+      reduceValue :: SingleUTxO -> Natural -> Gen Natural
+      reduceValue _ n = do
+        let n' = naturalToInteger n
+        reduction <- choose (0, n')
+        let reduced = if n' < reduction then 0 else n' - reduction
+        return (naturalFromInteger reduced)
+
+    increaseValues :: ModelUTxO -> Gen ModelUTxO
+    increaseValues = Map.traverseWithKey (\_ n -> pure (n + naturalFromInteger 1))
+
+    shuffleValues :: ModelUTxO -> Gen ModelUTxO
+    shuffleValues utxo = do
+      let x = Map.keys utxo
+      let y = Map.elems utxo
+      x' <- shuffle x
+      let shuffledUTxO = Map.fromList $ zip x' y
+      pure shuffledUTxO
+
+  -- Determine actions we want to perform and expect to work. If this is False,
+  -- validFailingAction is checked too.
+  precondition :: Model -> Action Model a -> Bool
+  precondition Model{headState, latestSnapshot, alreadyContested, utxoInHead, pendingDecommitUTxO, currentVersion} = \case
+    Stop -> headState /= Final
+    Decrement{snapshot} ->
+      headState == Open
+        && snapshot.version == currentVersion
+        -- you are decrementing from existing utxo in the head
+        && all (`elem` Map.keys utxoInHead) (Map.keys (decommitUTxO snapshot) <> Map.keys (snapshotUTxO snapshot))
+        -- your tx is balanced with the utxo in the head
+        && sum (decommitUTxO snapshot) + sum (snapshotUTxO snapshot) == sum utxoInHead
+        && (not . null $ decommitUTxO snapshot)
+    Close{snapshot} ->
+      headState == Open
+        && ( if snapshot.number == 0
+              then snapshotUTxO snapshot == initialUTxOInHead
+              else
+                snapshot.number >= latestSnapshot
+                  && snapshot.version `elem` (currentVersion : [currentVersion - 1 | currentVersion > 0])
+           )
+        -- you are decrementing from existing utxo in the head
+        && all (`elem` Map.keys utxoInHead) (Map.keys (decommitUTxO snapshot) <> Map.keys (snapshotUTxO snapshot))
+        -- your tx is balanced with the utxo in the head
+        && sum (decommitUTxO snapshot) + sum (snapshotUTxO snapshot) == sum utxoInHead
+     where
+      Model{utxoInHead = initialUTxOInHead} = initialState
+    Contest{actor, snapshot} ->
+      headState == Closed
+        && actor `notElem` alreadyContested
+        && snapshot.version `elem` (currentVersion : [currentVersion - 1 | currentVersion > 0])
+        && snapshot.number > latestSnapshot
+        -- you are decrementing from existing utxo in the head
+        && all (`elem` Map.keys utxoInHead) (Map.keys (decommitUTxO snapshot) <> Map.keys (snapshotUTxO snapshot))
+        -- your tx is balanced with the utxo in the head
+        && sum (decommitUTxO snapshot) + sum (snapshotUTxO snapshot) == sum utxoInHead
+    Fanout{utxo, deltaUTxO} ->
+      headState == Closed
+        && utxo == utxoInHead
+        && deltaUTxO == pendingDecommitUTxO
+
+  -- Determine actions we want to perform and want to see failing. If this is
+  -- False, the action is discarded (e.g. it's invalid or we don't want to see
+  -- it tried to perform).
+  validFailingAction :: Model -> Action Model a -> Bool
+  validFailingAction Model{headState, utxoInHead, currentVersion} = \case
+    Stop -> False
+    -- Only filter non-matching states as we are not interested in these kind of
+    -- verification failures.
+    Decrement{snapshot} ->
+      headState == Open
+        && snapshot.version /= currentVersion
+        -- Ignore unbalanced decrements.
+        -- TODO: make them fail gracefully and test this?
+        && sum (decommitUTxO snapshot) + sum (snapshotUTxO snapshot) == sum utxoInHead
+        -- Ignore decrements that work with non existing utxo in the head
+        && all (`elem` Map.keys utxoInHead) (Map.keys (decommitUTxO snapshot) <> Map.keys (snapshotUTxO snapshot))
+        -- Ignore decrement without something to decommit
+        && (not . null $ decommitUTxO snapshot)
+    Close{snapshot} ->
+      headState == Open
+        && ( snapshot.number == 0
+              || snapshot.version `elem` (currentVersion : [currentVersion - 1 | currentVersion > 0])
+           )
+        -- Ignore unbalanced close.
+        -- TODO: make them fail gracefully and test this?
+        && sum (decommitUTxO snapshot) + sum (snapshotUTxO snapshot) == sum utxoInHead
+        -- Ignore close that work with non existing utxo in the head
+        && all (`elem` Map.keys utxoInHead) (Map.keys (decommitUTxO snapshot) <> Map.keys (snapshotUTxO snapshot))
+    Contest{snapshot} ->
+      headState == Closed
+        -- Ignore unbalanced close.
+        -- TODO: make them fail gracefully and test this?
+        && sum (decommitUTxO snapshot) + sum (snapshotUTxO snapshot) == sum utxoInHead
+        -- Ignore close that work with non existing utxo in the head
+        && all (`elem` Map.keys utxoInHead) (Map.keys (decommitUTxO snapshot) <> Map.keys (snapshotUTxO snapshot))
+    Fanout{} ->
+      headState == Closed
 
   nextState :: Model -> Action Model a -> Var a -> Model
-  nextState m Stop _ = m
-  nextState m t result =
+  nextState m@Model{currentVersion} t _result =
     case t of
-      ProduceSnapshots snapshots -> m{snapshots = snapshots}
-      Close{snapshotNumber} ->
+      Stop -> m
+      Decrement{snapshot} ->
+        m
+          { headState = Open
+          , currentVersion = m.currentVersion + 1
+          , latestSnapshot = snapshot.number
+          , utxoInHead = balanceUTxOInHead (utxoInHead m) (decommitUTxO snapshot)
+          }
+      Close{snapshot} ->
         m
           { headState = Closed
-          , utxoV = result
-          , snapshots = filter (> snapshotNumber) $ snapshots m
+          , latestSnapshot = snapshot.number
           , alreadyContested = []
+          , utxoInHead = snapshotUTxO snapshot
+          , pendingDecommitUTxO = if currentVersion == snapshot.version then decommitUTxO snapshot else mempty
           }
-      Contest{actor, snapshotNumber} ->
+      Contest{actor, snapshot} ->
         m
           { headState = Closed
-          , utxoV = result
-          , snapshots = filter (> snapshotNumber) $ snapshots m
+          , latestSnapshot = snapshot.number
           , alreadyContested = actor : alreadyContested m
+          , utxoInHead = snapshotUTxO snapshot
+          , pendingDecommitUTxO = decommitUTxO snapshot
           }
-      Fanout -> m{headState = Final}
-
-  precondition :: Model -> Action Model a -> Bool
-  precondition Model{headState = Final} Stop =
-    False
-  precondition Model{headState} Contest{snapshotNumber} =
-    headState == Closed && snapshotNumber /= 0
-  precondition _ _ = True
+      Fanout{} -> m{headState = Final}
 
 instance HasVariables Model where
   getAllVariables = mempty
@@ -197,37 +498,130 @@ instance HasVariables (Action Model a) where
 deriving instance Eq (Action Model a)
 deriving instance Show (Action Model a)
 
-instance RunModel Model IO where
-  perform :: Model -> Action Model a -> LookUp IO -> IO a
-  perform Model{utxoV, alreadyContested} action lookupVar = do
+-- * ============================== REAL WORLD ==========================
+
+-- | Application monad to perform model actions. Currently it only keeps a
+-- 'UTxO' which is updated whenever transactions are valid in 'performTx'.
+newtype AppM a = AppM {runAppM :: ReaderT (IORef UTxO) IO a}
+  deriving newtype (Functor, Applicative, Monad, MonadIO, MonadFail, MonadThrow)
+
+instance MonadReader UTxO AppM where
+  ask = AppM $ ask >>= liftIO . readIORef
+
+  local f action = do
+    utxo <- ask
+    r <- newIORef (f utxo)
+    AppM $ local (const r) $ runAppM action
+
+instance MonadState UTxO AppM where
+  get = ask
+  put utxo = AppM $ ask >>= liftIO . flip writeIORef utxo
+
+type instance Realized AppM a = a
+
+instance RunModel Model AppM where
+  perform Model{currentVersion} action _lookupVar = do
     case action of
-      ProduceSnapshots _snapshots -> pure ()
-      Close{actor, snapshotNumber} -> do
-        tx <- newCloseTx actor $ correctlySignedSnapshot snapshotNumber
-        validateTx openHeadUTxO tx
-        observeTxMatching openHeadUTxO tx $ \case
-          Tx.Close{} -> Just ()
-          _ -> Nothing
-        pure $ adjustUTxO tx openHeadUTxO
-      Contest{actor, snapshotNumber} -> do
-        let utxo = lookupVar utxoV
-        tx <- newContestTx utxo actor $ correctlySignedSnapshot snapshotNumber
-        validateTx utxo tx
-        observation@Tx.ContestObservation{contesters} <-
-          observeTxMatching utxo tx $ \case
-            Tx.Contest obs -> Just obs
-            _ -> Nothing
-        let newContesters = actor : alreadyContested
-        unless (length contesters == length newContesters) $
-          failure . toString . unlines $
+      Decrement{actor, snapshot} -> do
+        let (s, signatures) = signedSnapshot snapshot
+        tx <- newDecrementTx actor ConfirmedSnapshot{snapshot = s, signatures}
+        performTx tx
+      Close{actor, snapshot} -> do
+        tx <- newCloseTx actor currentVersion (confirmedSnapshot snapshot)
+        performTx tx
+      Contest{actor, snapshot} -> do
+        tx <- newContestTx actor currentVersion (confirmedSnapshot snapshot)
+        performTx tx
+      Fanout{utxo, deltaUTxO} -> do
+        tx <- newFanoutTx Alice utxo deltaUTxO
+        performTx tx
+      Stop -> pure ()
+
+  postcondition (modelBefore, modelAfter) action _lookup result = runPostconditionM' $ do
+    counterexample' (show modelBefore)
+    counterexample' (show action)
+    case action of
+      Decrement{} -> expectValid result $ \case
+        Tx.Decrement{} -> pure ()
+        _ -> fail "Expected Decrement"
+      Close{} -> expectValid result $ \case
+        Tx.Close{} -> pure ()
+        _ -> fail "Expected Close"
+      Contest{} -> expectValid result $ \case
+        Tx.Contest Tx.ContestObservation{contesters} -> do
+          counterexample' $ "Wrong contesters: expected " <> show (alreadyContested modelAfter) <> ", got " <> show contesters
+          guard $ length contesters == length (alreadyContested modelAfter)
+        _ -> fail "Expected Contest"
+      Fanout{utxo, deltaUTxO} -> do
+        case result of
+          TxResult{constructedTx = Left err} -> fail $ "Failed to construct transaction: " <> err
+          TxResult{constructedTx = Right tx} -> do
+            -- NOTE: Sort `[TxOut]` by the address and values. We want to make
+            -- sure that the fanout outputs match what we had in the open Head
+            -- exactly.
+            let sorted = sortOn (\o -> (txOutAddress o, selectLovelace (txOutValue o))) . toList
+            let fannedOut = utxoFromTx tx
+            -- counterexamplePost ("Fanned out UTxO does not match: " <> renderUTxO fannedOut)
+            -- counterexamplePost ("SnapshotUTxO: " <> renderUTxO (snapshotUTxO snapshot))
+            guard $ sorted fannedOut == sorted (realWorldModelUTxO utxo <> realWorldModelUTxO deltaUTxO)
+
+        expectValid result $ \case
+          Tx.Fanout{} -> pure ()
+          _ -> fail "Expected Fanout"
+      _ -> pure ()
+
+  postconditionOnFailure (modelBefore, _modelAfter) action _lookup result = runPostconditionM' $ do
+    counterexample' (show modelBefore)
+    counterexample' (show action)
+    case action of
+      Decrement{} -> either (const fulfilled) expectInvalid result
+      Close{} -> either (const fulfilled) expectInvalid result
+      Contest{} -> either (const fulfilled) expectInvalid result
+      Fanout{} -> either (const fulfilled) expectInvalid result
+      _ -> pure ()
+
+-- | Perform a transaction by evaluating and observing it. This updates the
+-- 'UTxO' in the 'AppM' if a transaction is valid and produces a 'TxResult' that
+-- can be used to assert expected success / failure.
+performTx :: Show err => Either err Tx -> AppM TxResult
+performTx result =
+  case result of
+    Left err -> do
+      utxo <- get
+      pure
+        TxResult
+          { constructedTx = Left $ show err
+          , spendableUTxO = utxo
+          , validationError = Nothing
+          , observation = NoHeadTx
+          }
+    Right tx -> do
+      utxo <- get
+      let validationError = getValidationError tx utxo
+      when (isNothing validationError) $ do
+        put $ adjustUTxO tx utxo
+      let observation = observeHeadTx Fixture.testNetworkId utxo tx
+      pure
+        TxResult
+          { constructedTx = Right tx
+          , spendableUTxO = utxo
+          , validationError
+          , observation
+          }
+
+getValidationError :: Tx -> UTxO -> Maybe String
+getValidationError tx utxo =
+  case evaluateTx tx utxo of
+    Left err ->
+      Just $ show err
+    Right redeemerReport
+      | any isLeft (Map.elems redeemerReport) ->
+          Just . toString . unlines $
             fromString
-              <$> [ "Expected contesters " <> show newContesters <> ", but observed only " <> show contesters
-                  , toString $ pShowNoColor observation
-                  , "Transaction: " <> renderTxWithUTxO utxo tx
+              <$> [ "Transaction evaluation failed: " <> renderTxWithUTxO utxo tx
+                  , "Some redeemers failed: " <> show redeemerReport
                   ]
-        pure $ adjustUTxO tx utxo
-      Fanout -> pure ()
-      Stop -> pure ()
+      | otherwise -> Nothing
 
 -- * Fixtures and glue code
 
@@ -235,38 +629,58 @@ instance RunModel Model IO where
 allActors :: [Actor]
 allActors = [Alice, Bob, Carol]
 
--- | A "random" UTxO distribution for a given snapshot number. This always
--- contains one UTxO for alice, bob, and carol.
-snapshotUTxO :: SnapshotNumber -> UTxO
-snapshotUTxO n = (`generateWith` fromIntegral n) . resize 1 $ do
-  aliceUTxO <- genUTxOFor (genVerificationKey `genForParty` Fixture.alice)
-  bobUTxO <- genUTxOFor (genVerificationKey `genForParty` Fixture.bob)
-  carolUTxO <- genUTxOFor (genVerificationKey `genForParty` Fixture.carol)
-  pure $ aliceUTxO <> bobUTxO <> carolUTxO
-
--- | A model of a correctly signed snapshot. Given a snapshot number a snapshot
--- signed by all participants (alice, bob and carol) with some UTxO contained is
--- produced.
-correctlySignedSnapshot :: SnapshotNumber -> ConfirmedSnapshot Tx
-correctlySignedSnapshot = \case
-  0 ->
-    InitialSnapshot
-      { -- -- NOTE: The close validator would not check headId on close with
-        -- initial snapshot, but we need to provide it still.
-        headId = mkHeadId Fixture.testPolicyId
-      , initialUTxO = snapshotUTxO 0
+-- | A "random" UTxO distribution for a given 'ModelSnapshot'.
+generateUTxOFromModelSnapshot :: ModelSnapshot -> (UTxO, UTxO)
+generateUTxOFromModelSnapshot snapshot =
+  ( realWorldModelUTxO (snapshotUTxO snapshot)
+  , realWorldModelUTxO (decommitUTxO snapshot)
+  )
+
+-- | Map a 'ModelUTxO' to a real-world 'UTxO'.
+realWorldModelUTxO :: ModelUTxO -> UTxO
+realWorldModelUTxO =
+  Map.foldMapWithKey
+    ( \k balance ->
+        genUTxOWithBalance balance `generateWith` fromEnum k
+    )
+ where
+  genUTxOWithBalance b =
+    genUTxO1 (modifyTxOutValue (const $ lovelaceToValue (Coin $ naturalToInteger b)) <$> genTxOut)
+
+-- | A correctly signed snapshot. Given a snapshot number a snapshot signed by
+-- all participants (alice, bob and carol) with some UTxO contained is produced.
+signedSnapshot :: ModelSnapshot -> (Snapshot Tx, MultiSignature (Snapshot Tx))
+signedSnapshot ms =
+  (snapshot, signatures)
+ where
+  (utxo, toDecommit) = generateUTxOFromModelSnapshot ms
+  snapshot =
+    Snapshot
+      { headId = mkHeadId Fixture.testPolicyId
+      , version = ms.version
+      , number = ms.number
+      , confirmed = []
+      , utxo
+      , utxoToDecommit = Just toDecommit
       }
-  number -> ConfirmedSnapshot{snapshot, signatures}
-   where
-    snapshot =
-      Snapshot
-        { headId = mkHeadId Fixture.testPolicyId
-        , number
-        , utxo = snapshotUTxO number
-        , confirmed = []
-        }
 
-    signatures = aggregate [sign sk snapshot | sk <- [Fixture.aliceSk, Fixture.bobSk, Fixture.carolSk]]
+  signatures = aggregate [sign sk snapshot | sk <- [Fixture.aliceSk, Fixture.bobSk, Fixture.carolSk]]
+
+-- | A confirmed snapshot (either initial or later confirmed), based onTxTra
+-- 'signedSnapshot'.
+confirmedSnapshot :: ModelSnapshot -> ConfirmedSnapshot Tx
+confirmedSnapshot modelSnapshot@ModelSnapshot{number} =
+  case number of
+    0 ->
+      InitialSnapshot
+        { -- -- NOTE: The close validator would not check headId on close with
+          -- initial snapshot, but we need to provide it still.
+          headId = mkHeadId Fixture.testPolicyId
+        , initialUTxO = fst $ generateUTxOFromModelSnapshot modelSnapshot
+        }
+    _ -> ConfirmedSnapshot{snapshot, signatures}
+     where
+      (snapshot, signatures) = signedSnapshot modelSnapshot
 
 -- | UTxO of the open head on-chain. NOTE: This uses fixtures for headId, parties, and cperiod.
 openHeadUTxO :: UTxO
@@ -279,28 +693,47 @@ openHeadUTxO =
   openHeadTxOut =
     mkHeadOutput Fixture.testNetworkId Fixture.testPolicyId openHeadDatum
       & addParticipationTokens [Fixture.alicePVk, Fixture.bobPVk, Fixture.carolPVk]
+      & modifyTxOutValue (<> foldMap txOutValue inHeadUTxO)
 
   openHeadDatum =
-    mkTxOutDatumInline
+    mkTxOutDatumInline $
       Head.Open
-        { parties = partyToChain <$> [Fixture.alice, Fixture.bob, Fixture.carol]
-        , utxoHash = toBuiltin $ hashUTxO @Tx $ snapshotUTxO 0
-        , contestationPeriod = CP.toChain Fixture.cperiod
-        , headId = headIdToCurrencySymbol $ mkHeadId Fixture.testPolicyId
-        }
+        Head.OpenDatum
+          { parties = partyToChain <$> [Fixture.alice, Fixture.bob, Fixture.carol]
+          , utxoHash = toBuiltin $ hashUTxO inHeadUTxO
+          , contestationPeriod = CP.toChain Fixture.cperiod
+          , headId = headIdToCurrencySymbol $ mkHeadId Fixture.testPolicyId
+          , version = 0
+          }
+
+  inHeadUTxO = realWorldModelUTxO (utxoInHead initialState)
+
+-- | Creates a decrement transaction using given utxo and given snapshot.
+newDecrementTx :: Actor -> ConfirmedSnapshot Tx -> AppM (Either DecrementTxError Tx)
+newDecrementTx actor snapshot = do
+  spendableUTxO <- get
+  pure $
+    decrement
+      (actorChainContext actor)
+      spendableUTxO
+      (mkHeadId Fixture.testPolicyId)
+      Fixture.testHeadParameters
+      snapshot
 
 -- | Creates a transaction that closes 'openHeadUTxO' with given the snapshot.
 -- NOTE: This uses fixtures for headId, parties (alice, bob, carol),
 -- contestation period and also claims to close at time 0 resulting in a
 -- contestation deadline of 0 + cperiod.
-newCloseTx :: HasCallStack => Actor -> ConfirmedSnapshot Tx -> IO Tx
-newCloseTx actor snapshot =
-  either (failure . show) pure $
+newCloseTx :: Actor -> SnapshotVersion -> ConfirmedSnapshot Tx -> AppM (Either CloseTxError Tx)
+newCloseTx actor openVersion snapshot = do
+  spendableUTxO <- get
+  pure $
     close
       (actorChainContext actor)
-      openHeadUTxO
+      spendableUTxO
       (mkHeadId Fixture.testPolicyId)
       Fixture.testHeadParameters
+      openVersion
       snapshot
       lowerBound
       upperBound
@@ -312,19 +745,40 @@ newCloseTx actor snapshot =
 -- | Creates a contest transaction using given utxo and contesting with given
 -- snapshot. NOTE: This uses fixtures for headId, contestation period and also
 -- claims to contest at time 0.
-newContestTx :: HasCallStack => UTxO -> Actor -> ConfirmedSnapshot Tx -> IO Tx
-newContestTx spendableUTxO actor snapshot =
-  either (failure . show) pure $
+newContestTx :: Actor -> SnapshotVersion -> ConfirmedSnapshot Tx -> AppM (Either ContestTxError Tx)
+newContestTx actor openVersion snapshot = do
+  spendableUTxO <- get
+  pure $
     contest
       (actorChainContext actor)
       spendableUTxO
       (mkHeadId Fixture.testPolicyId)
       Fixture.cperiod
+      openVersion
       snapshot
       currentTime
  where
   currentTime = (0, posixSecondsToUTCTime 0)
 
+-- | Creates a fanout transaction using given utxo. NOTE: This uses fixtures for
+-- seedTxIn and contestation period. Consequently, the lower bound used is
+-- precisely at the maximum deadline slot as if everyone contested.
+newFanoutTx :: Actor -> ModelUTxO -> ModelUTxO -> AppM (Either FanoutTxError Tx)
+newFanoutTx actor utxo deltaUTxO = do
+  spendableUTxO <- get
+  pure $
+    fanout
+      (actorChainContext actor)
+      spendableUTxO
+      Fixture.testSeedInput
+      (realWorldModelUTxO utxo)
+      -- Model world has no 'Maybe ModelUTxO', but real world does.
+      (if null deltaUTxO then Nothing else Just $ realWorldModelUTxO deltaUTxO)
+      deadline
+ where
+  CP.UnsafeContestationPeriod contestationPeriod = Fixture.cperiod
+  deadline = SlotNo $ fromIntegral contestationPeriod * fromIntegral (length allActors)
+
 -- | Fixture for the chain context of a model 'Actor' on 'testNetworkId'. Uses a generated 'ScriptRegistry'.
 actorChainContext :: Actor -> ChainContext
 actorChainContext actor =
@@ -348,26 +802,57 @@ testScriptRegistry = genScriptRegistry `generateWith` 42
 
 -- * Helpers
 
--- | Thin wrapper around 'evaluateTx' that fails with 'failure' if any of the
--- scripts/redeemers fail to evaluate.
-validateTx :: (HasCallStack, MonadThrow m) => UTxO -> Tx -> m ()
-validateTx utxo tx =
-  case evaluateTx tx utxo of
-    Left err ->
-      failure $ show err
-    Right redeemerReport ->
-      when (any isLeft (Map.elems redeemerReport)) $
-        failure . toString . unlines $
-          fromString
-            <$> [ "Transaction evaluation failed: " <> renderTxWithUTxO utxo tx
-                , "Some redeemers failed: " <> show redeemerReport
-                ]
-
--- | Expect to observe a transaction matching given predicate. This fails with
--- 'failure' if the predicate yields 'Nothing'.
-observeTxMatching :: (HasCallStack, MonadThrow m) => UTxO -> Tx -> (HeadObservation -> Maybe a) -> m a
-observeTxMatching utxo tx predicate = do
-  let res = observeHeadTx Fixture.testNetworkId utxo tx
-  case predicate res of
-    Just a -> pure a
-    Nothing -> failure $ "Observation result not matching expectation, got " <> show res
+-- | Run a short-cutting variant of PostconditionM which produces 'True' if it
+-- reaches the end, or 'False' if 'fail' is used.
+runPostconditionM' :: Monad m => PostconditionM' m () -> PostconditionM m Bool
+runPostconditionM' (PostconditionM' action) =
+  runExceptT action >>= \case
+    Left Nothing -> pure True
+    Left (Just err) -> counterexamplePost err $> False
+    Right () -> pure True
+
+newtype PostconditionM' m a = PostconditionM' (ExceptT (Maybe String) (PostconditionM m) a)
+  deriving newtype (Functor, Applicative, Alternative, Monad)
+
+instance Monad m => MonadFail (PostconditionM' m) where
+  fail = PostconditionM' . throwError . Just
+
+-- | Short-cut a postcondition monad like 'fail', but in a successful way. This
+-- is useful to not have unrelated counterexample' outputs.
+fulfilled :: Monad m => PostconditionM' m ()
+fulfilled = PostconditionM' $ throwError Nothing
+
+-- | Add given message in case the postcondition fails.
+counterexample' :: Monad m => String -> PostconditionM' m ()
+counterexample' msg = PostconditionM' $ ExceptT $ counterexamplePost msg $> Right ()
+
+-- | Assertion helper to check whether a 'TxResult' was valid and the expected
+-- 'HeadObservation' could be made. To be used in 'postcondition'.
+expectValid :: Monad m => TxResult -> (HeadObservation -> PostconditionM' m a) -> PostconditionM' m a
+expectValid TxResult{validationError = Just err} _ = do
+  counterexample' "Expected to pass validation"
+  fail err
+expectValid TxResult{observation, constructedTx, spendableUTxO} fn = do
+  case constructedTx of
+    Left err -> counterexample' $ "But construction failed with: " <> err
+    Right tx -> do
+      counterexample' $ renderTxWithUTxO spendableUTxO tx
+  counterexample' $ "Wrong observation: " <> show observation
+  fn observation
+
+-- | Assertion helper to check whether a 'TxResult' was invalid.
+expectInvalid :: Monad m => TxResult -> PostconditionM' m ()
+expectInvalid = \case
+  TxResult{validationError = Nothing, constructedTx, spendableUTxO} -> do
+    counterexample' "Expected tx to fail validation"
+    case constructedTx of
+      Left err -> counterexample' $ "But construction failed with: " <> err
+      Right tx -> do
+        counterexample' $ renderTxWithUTxO spendableUTxO tx
+    fail "But it did not fail"
+  _ -> pure ()
+
+-- | Generate sometimes a value with given generator, bur more often just use
+-- the given value.
+orSometimes :: a -> Gen a -> Gen a
+orSometimes a gen = frequency [(1, pure a), (2, gen)]
diff --git a/hydra-node/test/Hydra/HeadLogicSnapshotSpec.hs b/hydra-node/test/Hydra/HeadLogicSnapshotSpec.hs
index 79071f47656..435b9fe0727 100644
--- a/hydra-node/test/Hydra/HeadLogicSnapshotSpec.hs
+++ b/hydra-node/test/Hydra/HeadLogicSnapshotSpec.hs
@@ -55,11 +55,13 @@ spec = do
             , localTxs = mempty
             , confirmedSnapshot = InitialSnapshot testHeadId u0
             , seenSnapshot = NoSeenSnapshot
+            , decommitTx = Nothing
+            , version = 0
             }
     let sendReqSn = \case
           NetworkEffect ReqSn{} -> True
           _ -> False
-    let snapshot1 = Snapshot testHeadId 1 mempty []
+    let snapshot1 = Snapshot testHeadId 0 1 [] mempty Nothing
 
     let ackFrom sk vk = receiveMessageFrom vk $ AckSn (sign sk snapshot1) 1
 
@@ -74,7 +76,7 @@ spec = do
             outcome = update (envFor aliceSk) simpleLedger (inOpenState' [alice, bob] coordinatedHeadState) $ receiveMessage $ ReqTx tx
 
         outcome
-          `hasEffect` NetworkEffect (ReqSn 1 [txId tx])
+          `hasEffect` NetworkEffect (ReqSn 0 1 [txId tx] Nothing)
 
       it "does NOT send ReqSn when we are NOT the leader even if no snapshot in flight" $ do
         let tx = aValidTx 1
@@ -85,7 +87,7 @@ spec = do
 
       it "does NOT send ReqSn when we are the leader but snapshot in flight" $ do
         let tx = aValidTx 1
-            sn1 = Snapshot testHeadId 1 u0 mempty :: Snapshot SimpleTx
+            sn1 = Snapshot testHeadId 1 1 [] u0 Nothing :: Snapshot SimpleTx
             st = coordinatedHeadState{seenSnapshot = SeenSnapshot sn1 mempty}
             outcome = update (envFor aliceSk) simpleLedger (inOpenState' [alice, bob] st) $ receiveMessage $ ReqTx tx
 
@@ -113,7 +115,7 @@ spec = do
 
       it "sends ReqSn  when leader and there are seen transactions" $ do
         headState <- runHeadLogic bobEnv simpleLedger (inOpenState threeParties) $ do
-          step (receiveMessage $ ReqSn 1 [])
+          step (receiveMessage $ ReqSn 0 1 [] Nothing)
           step (receiveMessageFrom carol $ ReqTx $ aValidTx 1)
           step (ackFrom carolSk carol)
           step (ackFrom aliceSk alice)
@@ -124,7 +126,7 @@ spec = do
 
       it "does NOT send ReqSn when we are the leader but there are NO seen transactions" $ do
         headState <- runHeadLogic bobEnv simpleLedger (inOpenState threeParties) $ do
-          step (receiveMessage $ ReqSn 1 [])
+          step (receiveMessage $ ReqSn 0 1 [] Nothing)
           step (ackFrom carolSk carol)
           step (ackFrom aliceSk alice)
           getState
@@ -137,7 +139,7 @@ spec = do
           notLeaderEnv = envFor carolSk
 
         let initiateSigningASnapshot actor =
-              step (receiveMessageFrom actor $ ReqSn 1 [])
+              step (receiveMessageFrom actor $ ReqSn 0 1 [] Nothing)
             newTxBeforeSnapshotAcknowledged =
               step (receiveMessageFrom carol $ ReqTx $ aValidTx 1)
 
@@ -153,7 +155,7 @@ spec = do
 
       it "updates seenSnapshot state when sending ReqSn" $ do
         headState <- runHeadLogic bobEnv simpleLedger (inOpenState threeParties) $ do
-          step (receiveMessage $ ReqSn 1 [])
+          step (receiveMessage $ ReqSn 0 1 [] Nothing)
           step (receiveMessageFrom carol $ ReqTx $ aValidTx 1)
           step (ackFrom carolSk carol)
           step (ackFrom aliceSk alice)
@@ -167,11 +169,14 @@ spec = do
 
 prop_singleMemberHeadAlwaysSnapshotOnReqTx :: ConfirmedSnapshot SimpleTx -> Property
 prop_singleMemberHeadAlwaysSnapshotOnReqTx sn = monadicST $ do
-  seenSnapshot <-
+  (seenSnapshot, version) <-
     pick $
       oneof
-        [ pure NoSeenSnapshot
-        , LastSeenSnapshot <$> arbitrary
+        [ pure (NoSeenSnapshot, 0)
+        , do
+            n <- arbitrary
+            let v = fromInteger (toInteger n)
+            pure (LastSeenSnapshot n, v)
         ]
   tx <- pick $ aValidTx <$> arbitrary
   let
@@ -191,12 +196,14 @@ prop_singleMemberHeadAlwaysSnapshotOnReqTx sn = monadicST $ do
         , localTxs = []
         , confirmedSnapshot = sn
         , seenSnapshot
+        , decommitTx = Nothing
+        , version
         }
     outcome = update aliceEnv simpleLedger (inOpenState' [alice] st) $ receiveMessage $ ReqTx tx
     Snapshot{number = confirmedSn} = getSnapshot sn
     nextSn = confirmedSn + 1
   pure $
-    outcome `hasEffect` NetworkEffect (ReqSn nextSn [txId tx])
+    outcome `hasEffect` NetworkEffect (ReqSn version nextSn [txId tx] Nothing)
       & counterexample (show outcome)
 
 prop_thereIsAlwaysALeader :: Property
diff --git a/hydra-node/test/Hydra/HeadLogicSpec.hs b/hydra-node/test/Hydra/HeadLogicSpec.hs
index 396fe75e363..8725ca19c48 100644
--- a/hydra-node/test/Hydra/HeadLogicSpec.hs
+++ b/hydra-node/test/Hydra/HeadLogicSpec.hs
@@ -15,7 +15,7 @@ import Cardano.Api.UTxO qualified as UTxO
 import Data.List qualified as List
 import Data.Map (notMember)
 import Data.Set qualified as Set
-import Hydra.API.ServerOutput (ServerOutput (..))
+import Hydra.API.ServerOutput (DecommitInvalidReason (..), ServerOutput (..))
 import Hydra.Cardano.Api (genTxIn, mkVkAddress, txOutValue, unSlotNo, pattern TxValidityUpperBound)
 import Hydra.Chain (
   ChainEvent (..),
@@ -45,6 +45,7 @@ import Hydra.HeadLogic (
   TTL,
   WaitReason (..),
   aggregateState,
+  cause,
   defaultTTL,
   update,
  )
@@ -52,11 +53,11 @@ import Hydra.HeadLogic.State (getHeadParameters)
 import Hydra.Ledger (ChainSlot (..), IsTx (..), Ledger (..), ValidationError (..))
 import Hydra.Ledger.Cardano (cardanoLedger, genKeyPair, genOutput, mkRangedTx)
 import Hydra.Ledger.Simple (SimpleChainState (..), SimpleTx (..), aValidTx, simpleLedger, utxoRef, utxoRefs)
-import Hydra.Network.Message (Connectivity (..), Message (AckSn, ReqSn, ReqTx), NetworkEvent (..))
+import Hydra.Network.Message (Connectivity, Message (..), NetworkEvent (..))
 import Hydra.Options (defaultContestationPeriod)
 import Hydra.Party (Party (..))
 import Hydra.Prelude qualified as Prelude
-import Hydra.Snapshot (ConfirmedSnapshot (..), Snapshot (..), SnapshotNumber, getSnapshot)
+import Hydra.Snapshot (ConfirmedSnapshot (..), Snapshot (..), SnapshotNumber, SnapshotVersion, getSnapshot)
 import Test.Hydra.Fixture (alice, aliceSk, bob, bobSk, carol, carolSk, deriveOnChainId, testHeadId, testHeadSeed)
 import Test.QuickCheck (Property, counterexample, elements, forAll, oneof, shuffle, suchThat)
 import Test.QuickCheck.Monadic (assert, monadicIO, pick, run)
@@ -73,6 +74,14 @@ spec =
             , contestationPeriod = defaultContestationPeriod
             , participants = deriveOnChainId <$> threeParties
             }
+        aliceEnv =
+          Environment
+            { party = alice
+            , signingKey = aliceSk
+            , otherParties = [bob, carol]
+            , contestationPeriod = defaultContestationPeriod
+            , participants = deriveOnChainId <$> threeParties
+            }
 
     describe "Coordinated Head Protocol" $ do
       let ledger = simpleLedger
@@ -84,6 +93,8 @@ spec =
               , localTxs = mempty
               , confirmedSnapshot = InitialSnapshot testHeadId mempty
               , seenSnapshot = NoSeenSnapshot
+              , decommitTx = Nothing
+              , version = 0
               }
 
       it "reports if a requested tx is expired" $ do
@@ -106,8 +117,8 @@ spec =
           `assertWait` WaitOnNotApplicableTx (ValidationError "cannot apply transaction")
 
       it "confirms snapshot given it receives AckSn from all parties" $ do
-        let reqSn = receiveMessage $ ReqSn 1 []
-            snapshot1 = Snapshot testHeadId 1 mempty []
+        let reqSn = receiveMessage $ ReqSn 0 1 [] Nothing
+            snapshot1 = Snapshot testHeadId 0 1 [] mempty Nothing
             ackFrom sk vk = receiveMessageFrom vk $ AckSn (sign sk snapshot1) 1
         snapshotInProgress <- runHeadLogic bobEnv ledger (inOpenState threeParties) $ do
           step reqSn
@@ -115,7 +126,7 @@ spec =
           step (ackFrom aliceSk alice)
           getState
 
-        getConfirmedSnapshot snapshotInProgress `shouldBe` Just (testSnapshot 0 mempty [])
+        getConfirmedSnapshot snapshotInProgress `shouldBe` Just (testSnapshot 0 0 [] mempty)
 
         snapshotConfirmed <-
           runHeadLogic bobEnv ledger snapshotInProgress $ do
@@ -123,6 +134,119 @@ spec =
             getState
         getConfirmedSnapshot snapshotConfirmed `shouldBe` Just snapshot1
 
+      describe "Decommit" $ do
+        it "observes DecommitRequested and ReqDec in an Open state" $ do
+          let outputs = utxoRef 1
+              input = receiveMessage ReqDec{transaction = SimpleTx 1 mempty outputs}
+              st = inOpenState threeParties
+
+          update aliceEnv ledger st input
+            `hasEffectSatisfying` \case
+              ClientEffect DecommitRequested{headId, utxoToDecommit} ->
+                headId == testHeadId && utxoToDecommit == outputs
+              _ -> False
+
+        it "ignores ReqDec when not in Open state" $ monadicIO $ do
+          let reqDec = ReqDec{transaction = SimpleTx 1 mempty (utxoRef 1)}
+          let input = receiveMessage reqDec
+          st <- pickBlind $ elements [inInitialState threeParties, inIdleState, inClosedState threeParties]
+          pure $
+            update aliceEnv ledger st input
+              `shouldNotBe` cause (NetworkEffect reqDec)
+
+        it "reports if a requested decommit tx is expired" $ do
+          let inputs = utxoRef 1
+              decommitTx = SimpleTx 1 mempty inputs
+              ttl = 0
+              reqDec = ReqDec{transaction = decommitTx}
+              reqDecEvent = NetworkInput ttl $ ReceivedMessage{sender = alice, msg = reqDec}
+              decommitTxInFlight = SimpleTx 2 mempty (utxoRef 2)
+              s0 =
+                inOpenState' threeParties $
+                  coordinatedHeadState
+                    { decommitTx = Just decommitTxInFlight
+                    }
+          update bobEnv ledger s0 reqDecEvent `hasEffectSatisfying` \case
+            ClientEffect DecommitInvalid{decommitTx = invalidTx} -> invalidTx == decommitTx
+            _ -> False
+
+        it "wait for second decommit when another one is in flight" $
+          do
+            let decommitTx1 = SimpleTx 1 mempty (utxoRef 1)
+                decommitTx2 = SimpleTx 2 mempty (utxoRef 2)
+                s0 = inOpenState threeParties
+
+            s1 <- runHeadLogic aliceEnv ledger s0 $ do
+              step $ receiveMessageFrom alice ReqDec{transaction = decommitTx1}
+              getState
+
+            update bobEnv ledger s1 (receiveMessageFrom bob ReqDec{transaction = decommitTx2})
+              `assertWait` WaitOnNotApplicableDecommitTx
+                { notApplicableReason =
+                    DecommitAlreadyInFlight
+                      { otherDecommitTxId = txId decommitTx1
+                      }
+                }
+
+        it "waits if a requested decommit tx is not (yet) applicable" $ do
+          let decommitTx = SimpleTx{txSimpleId = 1, txInputs = utxoRefs [2], txOutputs = utxoRefs [4]}
+              s0 = inOpenState threeParties
+              reqDecEvent = receiveMessage ReqDec{transaction = decommitTx}
+
+          update aliceEnv ledger s0 reqDecEvent
+            `assertWait` WaitOnNotApplicableDecommitTx (DecommitTxInvalid mempty (ValidationError "cannot apply transaction"))
+
+        it "updates decommitTx on valid ReqDec" $ do
+          let decommitTx' = SimpleTx 1 mempty (utxoRef 1)
+          let reqDec = ReqDec{transaction = decommitTx'}
+              reqDecEvent = receiveMessage reqDec
+              s0 = inOpenState threeParties
+
+          s0 `shouldSatisfy` \case
+            (Open OpenState{coordinatedHeadState = CoordinatedHeadState{decommitTx}}) -> isNothing decommitTx
+            _ -> False
+
+          s1 <- runHeadLogic aliceEnv ledger s0 $ do
+            step reqDecEvent
+            getState
+
+          s1 `shouldSatisfy` \case
+            (Open OpenState{coordinatedHeadState = CoordinatedHeadState{decommitTx}}) -> decommitTx == Just decommitTx'
+            _ -> False
+
+          -- running the 'ReqDec' again should not alter the recorded state
+          s2 <- runHeadLogic aliceEnv ledger s1 $ do
+            step reqDecEvent
+            getState
+
+          s2 `shouldSatisfy` \case
+            (Open OpenState{coordinatedHeadState = CoordinatedHeadState{decommitTx}}) -> decommitTx == Just decommitTx'
+            _ -> False
+
+        it "emits ReqSn on valid RecDec" $ do
+          let localUTxO = utxoRefs [2]
+          let decommitTx' = SimpleTx{txSimpleId = 1, txInputs = localUTxO, txOutputs = utxoRefs [4]}
+          let s0 = inOpenState' threeParties $ coordinatedHeadState{localUTxO}
+
+          s0 `shouldSatisfy` \case
+            (Open OpenState{coordinatedHeadState = CoordinatedHeadState{decommitTx}}) -> isNothing decommitTx
+            _ -> False
+
+          let reqDecEvent = receiveMessage ReqDec{transaction = decommitTx'}
+
+          let s1 = update aliceEnv ledger s0 reqDecEvent
+
+          let reqSn = ReqSn{snapshotVersion = 0, snapshotNumber = 1, transactionIds = [], decommitTx = Just decommitTx'}
+          s1 `hasEffect` NetworkEffect reqSn
+
+        it "emits snapshot onDecrementTx with cleared decommitTx" $ do
+          let decommitTx = SimpleTx 1 mempty (utxoRef 1)
+              s0 = inOpenState' threeParties coordinatedHeadState{decommitTx = Just decommitTx}
+              leaderEnv = aliceEnv
+          o <- runHeadLogic leaderEnv ledger s0 $ do
+            step (observeTx OnDecrementTx{headId = testHeadId, newVersion = 1, distributedOutputs = [1]})
+          o `hasEffect` NetworkEffect (ReqSn 1 1 [] Nothing)
+
       describe "Tracks Transaction Ids" $ do
         it "keeps transactions in allTxs given it receives a ReqTx" $ do
           let s0 = inOpenState threeParties
@@ -139,7 +263,7 @@ spec =
         it "removes transactions in allTxs given it receives a ReqSn" $ do
           let s0 = inOpenState threeParties
               t1 = SimpleTx 1 mempty (utxoRef 1)
-              reqSn = receiveMessage $ ReqSn 1 [1]
+              reqSn = receiveMessage $ ReqSn 0 1 [1] Nothing
 
           s1 <- runHeadLogic bobEnv ledger s0 $ do
             step $ receiveMessage $ ReqTx t1
@@ -153,8 +277,8 @@ spec =
         it "removes transactions from allTxs when included in a acked snapshot even when emitting a ReqSn" $ do
           let t1 = SimpleTx 1 mempty (utxoRef 1)
               pendingTransaction = SimpleTx 2 mempty (utxoRef 2)
-              reqSn = receiveMessage $ ReqSn 1 [1]
-              snapshot1 = testSnapshot 1 (utxoRefs [1]) [1]
+              reqSn = receiveMessage $ ReqSn 0 1 [1] Nothing
+              snapshot1 = testSnapshot 1 0 [1] (utxoRefs [1])
               ackFrom sk vk = receiveMessageFrom vk $ AckSn (sign sk snapshot1) 1
 
           sa <- runHeadLogic bobEnv ledger (inOpenState threeParties) $ do
@@ -173,9 +297,9 @@ spec =
             _ -> False
 
       it "rejects last AckSn if one signature was from a different snapshot" $ do
-        let reqSn = receiveMessage $ ReqSn 1 []
-            snapshot = testSnapshot 1 mempty []
-            snapshot' = testSnapshot 2 mempty []
+        let reqSn = receiveMessage $ ReqSn 0 1 [] Nothing
+            snapshot = testSnapshot 1 0 [] mempty
+            snapshot' = testSnapshot 2 0 [] mempty
             ackFrom sk vk = receiveMessageFrom vk $ AckSn (sign sk snapshot) 1
             invalidAckFrom sk vk = receiveMessageFrom vk $ AckSn (sign sk snapshot') 1
         waitingForLastAck <-
@@ -190,8 +314,8 @@ spec =
             _ -> False
 
       it "rejects last AckSn if one signature was from a different key" $ do
-        let reqSn = receiveMessage $ ReqSn 1 []
-            snapshot = testSnapshot 1 mempty []
+        let reqSn = receiveMessage $ ReqSn 0 1 [] Nothing
+            snapshot = testSnapshot 1 0 [] mempty
             ackFrom sk vk = receiveMessageFrom vk $ AckSn (sign sk snapshot) 1
         waitingForLastAck <-
           runHeadLogic bobEnv ledger (inOpenState threeParties) $ do
@@ -206,8 +330,8 @@ spec =
             _ -> False
 
       it "rejects last AckSn if one signature was from a completely different message" $ do
-        let reqSn = receiveMessage $ ReqSn 1 []
-            snapshot1 = testSnapshot 1 mempty []
+        let reqSn = receiveMessage $ ReqSn 0 1 [] Nothing
+            snapshot1 = testSnapshot 1 0 [] mempty
             ackFrom sk vk = receiveMessageFrom vk $ AckSn (sign sk snapshot1) 1
             invalidAckFrom sk vk =
               receiveMessageFrom vk $
@@ -225,8 +349,8 @@ spec =
             _ -> False
 
       it "rejects last AckSn if already received signature from this party" $ do
-        let reqSn = receiveMessage $ ReqSn 1 []
-            snapshot1 = testSnapshot 1 mempty []
+        let reqSn = receiveMessage $ ReqSn 0 1 [] Nothing
+            snapshot1 = testSnapshot 1 0 [] mempty
             ackFrom sk vk = receiveMessageFrom vk $ AckSn (sign sk snapshot1) 1
         waitingForAck <-
           runHeadLogic bobEnv ledger (inOpenState threeParties) $ do
@@ -242,7 +366,7 @@ spec =
       it "waits if we receive a snapshot with transaction not applicable on previous snapshot" $ do
         let reqTx42 = receiveMessage $ ReqTx (SimpleTx 42 mempty (utxoRef 1))
             reqTx1 = receiveMessage $ ReqTx (SimpleTx 1 (utxoRef 1) (utxoRef 2))
-            input = receiveMessage $ ReqSn 1 [1]
+            input = receiveMessage $ ReqSn 0 1 [1] Nothing
             s0 = inOpenState threeParties
 
         s2 <- runHeadLogic bobEnv ledger s0 $ do
@@ -255,12 +379,12 @@ spec =
 
       it "waits if we receive a snapshot with unseen transactions" $ do
         let s0 = inOpenState threeParties
-            reqSn = receiveMessage $ ReqSn 1 [1]
+            reqSn = receiveMessage $ ReqSn 0 1 [1] Nothing
         update bobEnv ledger s0 reqSn
           `assertWait` WaitOnTxs [1]
 
       it "waits if we receive an AckSn for an unseen snapshot" $ do
-        let snapshot = testSnapshot 1 mempty []
+        let snapshot = testSnapshot 1 0 [] mempty
             input = receiveMessage $ AckSn (sign aliceSk snapshot) 1
         update bobEnv ledger (inOpenState threeParties) input
           `assertWait` WaitOnSeenSnapshot
@@ -270,13 +394,13 @@ spec =
       -- snapshot collection.
 
       it "rejects if we receive a too far future snapshot" $ do
-        let input = receiveMessageFrom bob $ ReqSn 2 []
+        let input = receiveMessageFrom bob $ ReqSn 0 2 [] Nothing
             st = inOpenState threeParties
         update bobEnv ledger st input `shouldBe` Error (RequireFailed $ ReqSnNumberInvalid 2 0)
 
       it "waits if we receive a future snapshot while collecting signatures" $ do
-        let reqSn1 = receiveMessage $ ReqSn 1 []
-            reqSn2 = receiveMessageFrom bob $ ReqSn 2 []
+        let reqSn1 = receiveMessage $ ReqSn 0 1 [] Nothing
+            reqSn2 = receiveMessageFrom bob $ ReqSn 0 2 [] Nothing
         st <-
           runHeadLogic bobEnv ledger (inOpenState threeParties) $ do
             step reqSn1
@@ -287,15 +411,15 @@ spec =
 
       it "acks signed snapshot from the constant leader" $ do
         let leader = alice
-            snapshot = testSnapshot 1 mempty []
-            input = receiveMessageFrom leader $ ReqSn (number snapshot) []
+            snapshot = testSnapshot 1 0 [] mempty
+            input = receiveMessageFrom leader $ ReqSn 0 (number snapshot) [] Nothing
             sig = sign bobSk snapshot
             st = inOpenState threeParties
             ack = AckSn sig (number snapshot)
         update bobEnv ledger st input `hasEffect` NetworkEffect ack
 
       it "does not ack snapshots from non-leaders" $ do
-        let input = receiveMessageFrom notTheLeader $ ReqSn 1 []
+        let input = receiveMessageFrom notTheLeader $ ReqSn 0 1 [] Nothing
             notTheLeader = bob
             st = inOpenState threeParties
         update bobEnv ledger st input `shouldSatisfy` \case
@@ -303,39 +427,48 @@ spec =
           _ -> False
 
       it "rejects too-old snapshots" $ do
-        let input = receiveMessageFrom theLeader $ ReqSn 2 []
+        let input = receiveMessageFrom theLeader $ ReqSn 0 2 [] Nothing
             theLeader = alice
-            snapshot = testSnapshot 2 mempty []
+            snapshot = testSnapshot 2 0 [] mempty
             st =
               inOpenState' threeParties $
                 coordinatedHeadState{confirmedSnapshot = ConfirmedSnapshot snapshot (Crypto.aggregate [])}
         update bobEnv ledger st input `shouldBe` Error (RequireFailed $ ReqSnNumberInvalid 2 0)
 
       it "rejects too-old snapshots when collecting signatures" $ do
-        let input = receiveMessageFrom theLeader $ ReqSn 2 []
+        let input = receiveMessageFrom theLeader $ ReqSn 0 2 [] Nothing
             theLeader = alice
-            snapshot = testSnapshot 2 mempty []
+            snapshot = testSnapshot 2 0 [] mempty
             st =
               inOpenState' threeParties $
                 coordinatedHeadState
                   { confirmedSnapshot = ConfirmedSnapshot snapshot (Crypto.aggregate [])
-                  , seenSnapshot = SeenSnapshot (testSnapshot 3 mempty []) mempty
+                  , seenSnapshot = SeenSnapshot (testSnapshot 3 0 [] mempty) mempty
                   }
         update bobEnv ledger st input `shouldBe` Error (RequireFailed $ ReqSnNumberInvalid 2 3)
 
       it "rejects too-new snapshots from the leader" $ do
-        let input = receiveMessageFrom theLeader $ ReqSn 3 []
+        let input = receiveMessageFrom theLeader $ ReqSn 0 3 [] Nothing
             theLeader = carol
             st = inOpenState threeParties
         update bobEnv ledger st input `shouldBe` Error (RequireFailed $ ReqSnNumberInvalid 3 0)
 
+      it "rejects invalid snapshots version" $ do
+        let validSnNumber = 0
+            invalidSnVersion = 1
+            input = receiveMessageFrom theLeader $ ReqSn invalidSnVersion validSnNumber [] Nothing
+            theLeader = carol
+            expectedSnVersion = 0
+            st = inOpenState threeParties
+        update bobEnv ledger st input `shouldBe` Error (RequireFailed $ ReqSvNumberInvalid invalidSnVersion expectedSnVersion)
+
       it "rejects overlapping snapshot requests from the leader" $ do
         let theLeader = alice
             nextSN = 1
             firstReqTx = receiveMessage $ ReqTx (aValidTx 42)
-            firstReqSn = receiveMessageFrom theLeader $ ReqSn nextSN [42]
+            firstReqSn = receiveMessageFrom theLeader $ ReqSn 0 nextSN [42] Nothing
             secondReqTx = receiveMessage $ ReqTx (aValidTx 51)
-            secondReqSn = receiveMessageFrom theLeader $ ReqSn nextSN [51]
+            secondReqSn = receiveMessageFrom theLeader $ ReqSn 0 nextSN [51] Nothing
 
         s3 <- runHeadLogic bobEnv ledger (inOpenState threeParties) $ do
           step firstReqTx
@@ -352,6 +485,11 @@ spec =
             input = receiveMessage $ ReqTx (aValidTx 42)
         update bobEnv ledger s0 input `shouldBe` Error (UnhandledInput input s0)
 
+      it "ignores in-flight ReqDec when closed" $ do
+        let s0 = inClosedState threeParties
+            input = receiveMessage $ ReqDec{transaction = aValidTx 42}
+        update bobEnv ledger s0 input `shouldBe` Error (UnhandledInput input s0)
+
       it "everyone does collect on last commit after collect com" $ do
         let aliceCommit = OnCommitTx testHeadId alice (utxoRef 1)
             bobCommit = OnCommitTx testHeadId bob (utxoRef 2)
@@ -416,7 +554,8 @@ spec =
           lift $ outcome2 `hasEffect` ClientEffect (ReadyToFanout testHeadId)
 
       it "contests when detecting close with old snapshot" $ do
-        let snapshot = testSnapshot 2 mempty []
+        let snapshotVersion = 0
+            snapshot = testSnapshot 2 snapshotVersion [] mempty
             latestConfirmedSnapshot = ConfirmedSnapshot snapshot (Crypto.aggregate [])
             s0 =
               inOpenState' threeParties $
@@ -425,7 +564,7 @@ spec =
             params = fromMaybe (HeadParameters defaultContestationPeriod threeParties) (getHeadParameters s0)
         runHeadLogic bobEnv ledger s0 $ do
           o1 <- step $ observeTx (OnCloseTx testHeadId 0 deadline)
-          lift $ o1 `hasEffect` chainEffect (ContestTx testHeadId params latestConfirmedSnapshot)
+          lift $ o1 `hasEffect` chainEffect (ContestTx testHeadId params snapshotVersion latestConfirmedSnapshot)
           s1 <- getState
           lift $
             s1 `shouldSatisfy` \case
@@ -433,13 +572,14 @@ spec =
               _ -> False
 
       it "re-contests when detecting contest with old snapshot" $ do
-        let snapshot2 = testSnapshot 2 mempty []
+        let snapshotVersion = 0
+            snapshot2 = testSnapshot 2 snapshotVersion [] mempty
             latestConfirmedSnapshot = ConfirmedSnapshot snapshot2 (Crypto.aggregate [])
             s0 = inClosedState' threeParties latestConfirmedSnapshot
             deadline = arbitrary `generateWith` 42
             params = fromMaybe (HeadParameters defaultContestationPeriod threeParties) (getHeadParameters s0)
         update bobEnv ledger s0 (observeTx $ OnContestTx testHeadId 1 deadline)
-          `hasEffect` chainEffect (ContestTx testHeadId params latestConfirmedSnapshot)
+          `hasEffect` chainEffect (ContestTx testHeadId params snapshotVersion latestConfirmedSnapshot)
 
       it "ignores unrelated initTx" prop_ignoresUnrelatedOnInitTx
 
@@ -460,6 +600,11 @@ spec =
         update bobEnv ledger (inInitialState threeParties) collectOtherHead
           `shouldBe` Error (NotOurHead{ourHeadId = testHeadId, otherHeadId})
 
+      prop "ignores decrementTx of another head" $ \otherHeadId -> do
+        let decrementOtherHead = observeTx $ OnDecrementTx{headId = otherHeadId, newVersion = 1, distributedOutputs = mempty}
+        update bobEnv ledger (inOpenState threeParties) decrementOtherHead
+          `shouldBe` Error (NotOurHead{ourHeadId = testHeadId, otherHeadId})
+
       prop "ignores closeTx of another head" $ \otherHeadId snapshotNumber contestationDeadline -> do
         let openState = inOpenState threeParties
         let closeOtherHead = observeTx $ OnCloseTx{headId = otherHeadId, snapshotNumber, contestationDeadline}
@@ -502,6 +647,8 @@ spec =
                         , localTxs = [expiringTransaction]
                         , confirmedSnapshot = InitialSnapshot testHeadId $ UTxO.singleton utxo
                         , seenSnapshot = NoSeenSnapshot
+                        , decommitTx = Nothing
+                        , version = 0
                         }
                   , chainState = Prelude.error "should not be used"
                   , headId = testHeadId
@@ -509,9 +656,11 @@ spec =
                   , currentSlot = ChainSlot . fromIntegral . unSlotNo $ slotNo + 1
                   }
 
-        st <- run $ runHeadLogic bobEnv ledger st0 $ do
-          step (receiveMessage $ ReqSn 1 [])
-          getState
+        st <-
+          run $
+            runHeadLogic bobEnv ledger st0 $ do
+              step (receiveMessage $ ReqSn 0 1 [] Nothing)
+              getState
 
         assert $ case st of
           Open
@@ -657,6 +806,8 @@ inOpenState parties =
       , localTxs = mempty
       , confirmedSnapshot
       , seenSnapshot = NoSeenSnapshot
+      , decommitTx = Nothing
+      , version = 0
       }
  where
   u0 = mempty
@@ -699,6 +850,7 @@ inClosedState' parties confirmedSnapshot =
       , chainState = SimpleChainState{slot = ChainSlot 0}
       , headId = testHeadId
       , headSeed = testHeadSeed
+      , version = 0
       }
  where
   parameters = HeadParameters defaultContestationPeriod parties
@@ -773,8 +925,18 @@ hasNoEffectSatisfying outcome predicate =
           "Expected no effect satisfying the predicate, but got: " <> show effects
 
 testSnapshot ::
+  Monoid (UTxOType tx) =>
   SnapshotNumber ->
-  UTxOType tx ->
+  SnapshotVersion ->
   [TxIdType tx] ->
+  UTxOType tx ->
   Snapshot tx
-testSnapshot = Snapshot testHeadId
+testSnapshot number version confirmed utxo =
+  Snapshot
+    { headId = testHeadId
+    , version
+    , number
+    , confirmed
+    , utxo
+    , utxoToDecommit = mempty
+    }
diff --git a/hydra-node/test/Hydra/Logging/MonitoringSpec.hs b/hydra-node/test/Hydra/Logging/MonitoringSpec.hs
index 02eae034e8d..ea615e1a015 100644
--- a/hydra-node/test/Hydra/Logging/MonitoringSpec.hs
+++ b/hydra-node/test/Hydra/Logging/MonitoringSpec.hs
@@ -26,7 +26,7 @@ spec =
         traceWith tracer (Node $ BeginInput alice 0 (receiveMessage (ReqTx (aValidTx 42))))
         traceWith tracer (Node $ BeginInput alice 1 (receiveMessage (ReqTx (aValidTx 43))))
         threadDelay 0.1
-        traceWith tracer (Node $ BeginEffect alice 0 0 (ClientEffect (SnapshotConfirmed testHeadId (testSnapshot 1 (utxoRefs [1]) [43, 42]) mempty)))
+        traceWith tracer (Node $ BeginEffect alice 0 0 (ClientEffect (SnapshotConfirmed testHeadId (testSnapshot 1 1 [43, 42] (utxoRefs [1])) mempty)))
 
         metrics <-
           Text.lines
diff --git a/hydra-node/test/Hydra/Model.hs b/hydra-node/test/Hydra/Model.hs
index 8e9fa660ed0..132b1aaa776 100644
--- a/hydra-node/test/Hydra/Model.hs
+++ b/hydra-node/test/Hydra/Model.hs
@@ -17,7 +17,7 @@
 -- modelling more complex transactions schemes...
 module Hydra.Model where
 
-import Hydra.Cardano.Api
+import Hydra.Cardano.Api hiding (utxoFromTx)
 import Hydra.Prelude hiding (Any, label, lookup)
 
 import Cardano.Api.UTxO (pairs)
@@ -70,7 +70,7 @@ import Hydra.Node (runHydraNode)
 import Hydra.Party (Party (..), deriveParty)
 import Hydra.Snapshot qualified as Snapshot
 import Test.Hydra.Prelude (failure)
-import Test.QuickCheck (choose, elements, frequency, resize, sized, tabulate, vectorOf)
+import Test.QuickCheck (choose, elements, frequency, oneof, resize, sized, tabulate, vectorOf)
 import Test.QuickCheck.DynamicLogic (DynLogicModel)
 import Test.QuickCheck.StateModel (Any (..), HasVariables, PostconditionM, Realized, RunModel (..), StateModel (..), Var, VarContext, counterexamplePost)
 import Test.QuickCheck.StateModel.Variables (HasVariables (..))
@@ -117,7 +117,8 @@ data GlobalState
       , committed :: Committed Payment
       }
   | Closed
-      { closedUTxO :: UTxOType Payment
+      { headParameters :: HeadParameters
+      , closedUTxO :: UTxOType Payment
       }
   | Final {finalUTxO :: UTxOType Payment}
   deriving stock (Eq, Show)
@@ -154,6 +155,7 @@ instance StateModel WorldState where
     -- different return values.
     Init :: Party -> Action WorldState ()
     Commit :: Party -> UTxOType Payment -> Action WorldState ActualCommitted
+    Decommit :: Party -> Payment -> Action WorldState ()
     Abort :: Party -> Action WorldState ()
     Close :: Party -> Action WorldState ()
     Fanout :: Party -> Action WorldState UTxO
@@ -182,12 +184,8 @@ instance StateModel WorldState where
           [ (5, genCommit pendingCommits)
           , (1, genAbort)
           ]
-      Open{} ->
-        frequency
-          [ (10, genNewTx)
-          , (1, genClose)
-          , (1, genRollbackAndForward)
-          ]
+      Open{offChainState = OffChainState{confirmedUTxO}} ->
+        genOpenActions confirmedUTxO
       Closed{} ->
         frequency
           [ (5, genFanout)
@@ -200,6 +198,31 @@ instance StateModel WorldState where
       (party, commits) <- elements $ Map.toList pending
       pure . Some $ Commit party commits
 
+    -- NOTE: Some actions depend on confirmed 'UTxO' in the head so
+    -- we need to make sure there are funds to spend when generating a
+    -- `NewTx` action for example but also want to make sure that after
+    -- a 'Decommit' we are not left without any funds so further actions
+    -- can be generated.
+    genOpenActions :: UTxOType Payment -> Gen (Any (Action WorldState))
+    genOpenActions confirmedUTxO =
+      if null confirmedUTxO
+        then
+          oneof
+            [ genClose
+            , genRollbackAndForward
+            ]
+        else
+          frequency $
+            [ (10, genNewTx)
+            , (1, genClose)
+            , (1, genRollbackAndForward)
+            ]
+              <> [(2, genDecommit) | length confirmedUTxO > 1]
+
+    genDecommit :: Gen (Any (Action WorldState))
+    genDecommit = do
+      genPayment st >>= \(party, tx) -> pure . Some $ Decommit party tx
+
     genAbort =
       Some . Abort . deriveParty . fst <$> elements hydraParties
 
@@ -223,20 +246,24 @@ instance StateModel WorldState where
     party `Map.member` pendingCommits
   precondition WorldState{hydraState = Initial{commits, pendingCommits}} (Abort party) =
     party `Set.member` (Map.keysSet pendingCommits <> Map.keysSet commits)
-  precondition WorldState{hydraState = Open{}} (Close _) =
-    True
-  precondition WorldState{hydraState = Open{offChainState}} (NewTx _ tx) =
-    (from tx, value tx) `List.elem` confirmedUTxO offChainState
+  precondition WorldState{hydraState = Open{headParameters = HeadParameters{parties}}} (Close party) =
+    party `elem` parties
+  precondition WorldState{hydraState = Open{offChainState, headParameters = HeadParameters{parties}}} (NewTx party tx) =
+    party `List.elem` parties
+      && (from tx, value tx) `List.elem` confirmedUTxO offChainState
   precondition _ Wait{} =
     True
-  precondition WorldState{hydraState = Open{}} ObserveConfirmedTx{} =
+  precondition WorldState{hydraState = Open{offChainState, headParameters = HeadParameters{parties}}} (Decommit party tx) =
+    party `elem` parties
+      && (from tx, value tx) `List.elem` confirmedUTxO offChainState
+  precondition WorldState{hydraState = Open{}} (ObserveConfirmedTx _) =
     True
   precondition WorldState{hydraState = Open{}} ObserveHeadIsOpen =
     True
-  precondition WorldState{hydraState = Closed{}} (Fanout _) =
-    True
-  precondition WorldState{hydraState = Open{}} (CloseWithInitialSnapshot _) =
-    True
+  precondition WorldState{hydraState = Closed{headParameters = HeadParameters{parties}}} (Fanout p) =
+    p `elem` parties
+  precondition WorldState{hydraState = Open{headParameters = HeadParameters{parties}}} (CloseWithInitialSnapshot p) =
+    p `elem` parties
   precondition WorldState{hydraState} (RollbackAndForward _) =
     case hydraState of
       Start{} -> False
@@ -275,6 +302,21 @@ instance StateModel WorldState where
               , pendingCommits = toCommit
               }
           _ -> error "unexpected state"
+      Decommit _party tx ->
+        WorldState{hydraParties, hydraState = updateWithDecommit hydraState}
+       where
+        updateWithDecommit = \case
+          Open{headParameters, committed, offChainState = OffChainState{confirmedUTxO}} ->
+            Open
+              { headParameters
+              , committed
+              , offChainState =
+                  OffChainState
+                    { confirmedUTxO =
+                        List.delete (from tx, value tx) confirmedUTxO
+                    }
+              }
+          _ -> error "unexpected state"
       --
       Commit party utxo ->
         WorldState{hydraParties, hydraState = updateWithCommit hydraState}
@@ -316,7 +358,7 @@ instance StateModel WorldState where
         WorldState{hydraParties, hydraState = updateWithClose hydraState}
        where
         updateWithClose = \case
-          Open{offChainState = OffChainState{confirmedUTxO}} -> Closed confirmedUTxO
+          Open{offChainState = OffChainState{confirmedUTxO}, headParameters} -> Closed{headParameters, closedUTxO = confirmedUTxO}
           _ -> error "unexpected state"
       Fanout{} ->
         WorldState{hydraParties, hydraState = updateWithFanout hydraState}
@@ -343,7 +385,7 @@ instance StateModel WorldState where
         WorldState{hydraParties, hydraState = updateWithClose hydraState}
        where
         updateWithClose = \case
-          Open{offChainState = OffChainState{confirmedUTxO}} -> Closed confirmedUTxO
+          Open{offChainState = OffChainState{confirmedUTxO}, headParameters} -> Closed{headParameters, closedUTxO = confirmedUTxO}
           _ -> error "unexpected state"
       RollbackAndForward _numberOfBlocks -> s
       Wait _ -> s
@@ -519,6 +561,8 @@ instance
         seedWorld seedKeys seedContestationPeriod toCommit
       Commit party utxo ->
         performCommit (snd <$> hydraParties st) party utxo
+      Decommit party tx ->
+        performDecommit party tx
       NewTx party transaction ->
         performNewTx party transaction
       Init party ->
@@ -640,6 +684,36 @@ performCommit parties party paymentUTxO = do
   makeAddressFromSigningKey :: CardanoSigningKey -> AddressInEra
   makeAddressFromSigningKey = mkVkAddress testNetworkId . getVerificationKey . signingKey
 
+performDecommit ::
+  (MonadThrow m, MonadTimer m, MonadAsync m, MonadDelay m) =>
+  Party ->
+  Payment ->
+  RunMonad m ()
+performDecommit party tx = do
+  let recipient = mkVkAddress testNetworkId . getVerificationKey . signingKey $ to tx
+  nodes <- gets nodes
+  let thisNode = nodes ! party
+  waitForOpen thisNode
+
+  (i, o) <-
+    lift (waitForUTxOToSpend mempty (from tx) (value tx) thisNode) >>= \case
+      Left u -> error $ "Cannot execute Decommit for " <> show tx <> ", no spendable UTxO in " <> show u
+      Right ok -> pure ok
+
+  let realTx =
+        either
+          (error . show)
+          id
+          (mkSimpleTx (i, o) (recipient, value tx) (signingKey $ from tx))
+
+  party `sendsInput` Input.Decommit realTx
+
+  lift $ do
+    waitUntilMatch [thisNode] $ \case
+      DecommitFinalized{} -> True
+      err@CommandFailed{} -> error $ show err
+      _ -> False
+
 performNewTx ::
   (MonadThrow m, MonadAsync m, MonadTimer m, MonadDelay m) =>
   Party ->
@@ -820,6 +894,7 @@ showFromAction k = \case
   Seed{} -> k
   Init{} -> k
   Commit{} -> k
+  Decommit{} -> k
   Abort{} -> k
   Close{} -> k
   Fanout{} -> k
diff --git a/hydra-node/test/Hydra/Model/MockChain.hs b/hydra-node/test/Hydra/Model/MockChain.hs
index c48dbc42f6a..84e31be1069 100644
--- a/hydra-node/test/Hydra/Model/MockChain.hs
+++ b/hydra-node/test/Hydra/Model/MockChain.hs
@@ -31,7 +31,18 @@ import GHC.IO.Exception (userError)
 import Hydra.API.Server (Server (..))
 import Hydra.BehaviorSpec (SimulatedChainNetwork (..))
 import Hydra.Cardano.Api.Pretty (renderTxWithUTxO)
-import Hydra.Chain (Chain (..), CommitBlueprintTx (..), PostChainTx (CloseTx, confirmedSnapshot, headId, headParameters), initHistory)
+import Hydra.Chain (
+  Chain (..),
+  CommitBlueprintTx (..),
+  PostChainTx (
+    CloseTx,
+    closingSnapshot,
+    headId,
+    headParameters,
+    openVersion
+  ),
+  initHistory,
+ )
 import Hydra.Chain.Direct.Fixture (testNetworkId)
 import Hydra.Chain.Direct.Handlers (
   ChainSyncHandler (..),
@@ -209,6 +220,7 @@ mockChainAndNetwork tr seedKeys commits = do
             Left e -> throwIO e
             Right tx -> submitTx tx
 
+  -- REVIEW: Is this still needed now as we have TxTraceSpec?
   closeWithInitialSnapshot nodes (party, modelInitialUTxO) = do
     hydraNodes <- readTVarIO nodes
     case find (matchingParty party) hydraNodes of
@@ -222,10 +234,13 @@ mockChainAndNetwork tr seedKeys commits = do
             Idle IdleState{} -> error "Cannot post Close tx when in Idle state"
             Initial InitialState{} -> error "Cannot post Close tx when in Initial state"
             Open OpenState{headId = openHeadId, parameters = headParameters} -> do
-              let initialSnapshot = InitialSnapshot{headId = openHeadId, initialUTxO = modelInitialUTxO}
-
-              let closeTx = CloseTx{headId = openHeadId, headParameters, confirmedSnapshot = initialSnapshot}
-              postTx closeTx
+              postTx
+                CloseTx
+                  { headId = openHeadId
+                  , headParameters
+                  , openVersion = 0
+                  , closingSnapshot = InitialSnapshot{headId = openHeadId, initialUTxO = modelInitialUTxO}
+                  }
             Closed ClosedState{} -> error "Cannot post Close tx when in Closed state"
 
   matchingParty us MockHydraNode{node = HydraNode{env = Environment{party}}} =
diff --git a/hydra-node/test/Hydra/Model/Payment.hs b/hydra-node/test/Hydra/Model/Payment.hs
index 6a98d32cb67..d58e50bf7a9 100644
--- a/hydra-node/test/Hydra/Model/Payment.hs
+++ b/hydra-node/test/Hydra/Model/Payment.hs
@@ -9,6 +9,8 @@ import Hydra.Cardano.Api
 import Hydra.Prelude hiding (Any, label)
 
 import Data.List qualified as List
+import Data.Set ((\\))
+import Data.Set qualified as Set
 import Hydra.Chain.Direct.Fixture (testNetworkId)
 import Hydra.Ledger (IsTx (..))
 import Hydra.Ledger.Cardano (genKeyPair)
@@ -24,14 +26,15 @@ instance Show CardanoSigningKey where
   show CardanoSigningKey{signingKey} =
     show . mkVkAddress @Era testNetworkId . getVerificationKey $ signingKey
 
-instance Ord CardanoSigningKey where
-  CardanoSigningKey ska <= CardanoSigningKey skb =
-    verificationKeyHash (getVerificationKey ska) <= verificationKeyHash (getVerificationKey skb)
-
 instance Eq CardanoSigningKey where
   CardanoSigningKey ska == CardanoSigningKey skb =
     verificationKeyHash (getVerificationKey ska) == verificationKeyHash (getVerificationKey skb)
 
+instance Ord CardanoSigningKey where
+  CardanoSigningKey a <= CardanoSigningKey b = hashOf a <= hashOf b
+   where
+    hashOf = verificationKeyHash . getVerificationKey
+
 instance ToJSON CardanoSigningKey where
   toJSON = error "don't use"
 
@@ -83,6 +86,7 @@ instance HasVariables Payment where
 -- | Making `Payment` an instance of `IsTx` allows us to use it with `HeadLogic'`s messages.
 instance IsTx Payment where
   type TxIdType Payment = Int
+  type TxOutType Payment = (CardanoSigningKey, Value)
   type UTxOType Payment = [(CardanoSigningKey, Value)]
   type ValueType Payment = Value
   txId = error "undefined"
@@ -92,6 +96,13 @@ instance IsTx Payment where
     [] -> error "nothing to spend spending"
     [(from, value)] -> Payment{from, to = from, value}
     _ -> error "cant spend from multiple utxo in one payment"
+  utxoFromTx Payment{to, value} = [(to, value)]
+  outputsOfUTxO = id
+  withoutUTxO a b =
+    let as = second valueToList <$> a
+        bs = second valueToList <$> b
+        result = Set.toList $ Set.fromList as \\ Set.fromList bs
+     in second valueFromList <$> result
 
 applyTx :: UTxOType Payment -> Payment -> UTxOType Payment
 applyTx utxo Payment{from, to, value} =
diff --git a/hydra-node/test/Hydra/ModelSpec.hs b/hydra-node/test/Hydra/ModelSpec.hs
index 0f10234fc32..b8142cc1680 100644
--- a/hydra-node/test/Hydra/ModelSpec.hs
+++ b/hydra-node/test/Hydra/ModelSpec.hs
@@ -180,7 +180,7 @@ spec = do
   -- See https://github.com/input-output-hk/cardano-ledger/blob/master/doc/explanations/min-utxo-mary.rst
   prop "model should not generate 0 Ada UTxO" $ withMaxSuccess 10000 prop_doesNotGenerate0AdaUTxO
   prop "model generates consistent traces" $ withMaxSuccess 10000 prop_generateTraces
-  prop "implementation respects model" prop_checkModel
+  prop "implementation respects model" prop_HydraModel
   prop "check conflict-free liveness" prop_checkConflictFreeLiveness
   prop "check head opens if all participants commit" prop_checkHeadOpensIfAllPartiesCommit
   prop "fanout contains whole confirmed UTxO" prop_fanoutContainsWholeConfirmedUTxO
diff --git a/hydra-node/test/Hydra/NodeSpec.hs b/hydra-node/test/Hydra/NodeSpec.hs
index cc4ec47910f..649064aa0a7 100644
--- a/hydra-node/test/Hydra/NodeSpec.hs
+++ b/hydra-node/test/Hydra/NodeSpec.hs
@@ -179,21 +179,21 @@ spec = parallel $ do
                    , receiveMessage ReqTx{transaction = tx2}
                    , receiveMessage ReqTx{transaction = tx3}
                    ]
-            signedSnapshot = sign aliceSk $ testSnapshot 1 (utxoRefs [1, 3, 4]) [1]
+            signedSnapshot = sign aliceSk $ testSnapshot 1 0 [1] (utxoRefs [1, 3, 4])
         (node, getNetworkEvents) <-
           testHydraNode tracer aliceSk [bob, carol] cperiod inputs
             >>= recordNetwork
         runToCompletion node
-        getNetworkEvents `shouldReturn` [ReqSn 1 [1], AckSn signedSnapshot 1]
+        getNetworkEvents `shouldReturn` [ReqSn 0 1 [1] Nothing, AckSn signedSnapshot 1]
 
     it "rotates snapshot leaders" $
       showLogsOnFailure "NodeSpec" $ \tracer -> do
         let tx1 = SimpleTx{txSimpleId = 1, txInputs = utxoRefs [2], txOutputs = utxoRefs [4]}
-            sn1 = testSnapshot 1 (utxoRefs [1, 2, 3]) mempty
-            sn2 = testSnapshot 2 (utxoRefs [1, 3, 4]) [1]
+            sn1 = testSnapshot 1 0 [] (utxoRefs [1, 2, 3])
+            sn2 = testSnapshot 2 0 [1] (utxoRefs [1, 3, 4])
             inputs =
               inputsToOpenHead
-                <> [ receiveMessage ReqSn{snapshotNumber = 1, transactionIds = mempty}
+                <> [ receiveMessage ReqSn{snapshotVersion = 0, snapshotNumber = 1, transactionIds = mempty, decommitTx = Nothing}
                    , receiveMessage $ AckSn (sign aliceSk sn1) 1
                    , receiveMessageFrom carol $ AckSn (sign carolSk sn1) 1
                    , receiveMessage ReqTx{transaction = tx1}
@@ -204,17 +204,17 @@ spec = parallel $ do
             >>= recordNetwork
         runToCompletion node
 
-        getNetworkEvents `shouldReturn` [AckSn (sign bobSk sn1) 1, ReqSn 2 [1], AckSn (sign bobSk sn2) 2]
+        getNetworkEvents `shouldReturn` [AckSn (sign bobSk sn1) 1, ReqSn 0 2 [1] Nothing, AckSn (sign bobSk sn2) 2]
 
     it "processes out-of-order AckSn" $
       showLogsOnFailure "NodeSpec" $ \tracer -> do
-        let snapshot = testSnapshot 1 (utxoRefs [1, 2, 3]) []
+        let snapshot = testSnapshot 1 0 [] (utxoRefs [1, 2, 3])
             sigBob = sign bobSk snapshot
             sigAlice = sign aliceSk snapshot
             inputs =
               inputsToOpenHead
                 <> [ receiveMessageFrom bob AckSn{signed = sigBob, snapshotNumber = 1}
-                   , receiveMessage ReqSn{snapshotNumber = 1, transactionIds = []}
+                   , receiveMessage ReqSn{snapshotVersion = 0, snapshotNumber = 1, transactionIds = [], decommitTx = Nothing}
                    ]
         (node, getNetworkEvents) <-
           testHydraNode tracer aliceSk [bob, carol] cperiod inputs
@@ -241,13 +241,13 @@ spec = parallel $ do
     it "signs snapshot even if it has seen conflicting transactions" $
       failAfter 1 $
         showLogsOnFailure "NodeSpec" $ \tracer -> do
-          let snapshot = testSnapshot 1 (utxoRefs [1, 3, 5]) [2]
+          let snapshot = testSnapshot 1 0 [2] (utxoRefs [1, 3, 5])
               sigBob = sign bobSk snapshot
               inputs =
                 inputsToOpenHead
                   <> [ receiveMessageFrom bob ReqTx{transaction = SimpleTx{txSimpleId = 1, txInputs = utxoRefs [2], txOutputs = utxoRefs [4]}}
                      , receiveMessageFrom bob ReqTx{transaction = SimpleTx{txSimpleId = 2, txInputs = utxoRefs [2], txOutputs = utxoRefs [5]}}
-                     , receiveMessage ReqSn{snapshotNumber = 1, transactionIds = [2]}
+                     , receiveMessage ReqSn{snapshotVersion = 0, snapshotNumber = 1, transactionIds = [2], decommitTx = Nothing}
                      ]
           (node, getNetworkEvents) <-
             testHydraNode tracer bobSk [alice, carol] cperiod inputs
diff --git a/hydra-plutus/scripts/mHead.plutus b/hydra-plutus/scripts/mHead.plutus
index 51cb7735517..66cdc047276 100644
--- a/hydra-plutus/scripts/mHead.plutus
+++ b/hydra-plutus/scripts/mHead.plutus
@@ -1,5 +1,5 @@
 {
     "type": "PlutusScriptV2",
-    "description": "hydra-mHead-0.17.0-48-gdf04fa7a8",
-    "cborHex": "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+    "description": "hydra-mHead-0.17.0-348-gd8c94a18c3",
+    "cborHex": "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 }
diff --git a/hydra-plutus/scripts/vCommit.plutus b/hydra-plutus/scripts/vCommit.plutus
index 2c9350a64c9..fe6650bee67 100644
--- a/hydra-plutus/scripts/vCommit.plutus
+++ b/hydra-plutus/scripts/vCommit.plutus
@@ -1,5 +1,5 @@
 {
     "type": "PlutusScriptV2",
-    "description": "hydra-vCommit-0.17.0-48-gdf04fa7a8",
-    "cborHex": "5908095908060100003232323322323322323232322225335332235300600522253232335007133002490103433031003233017225335001101522135002223253353335734002036034260280042600e00866e3c008028004d4c0040188888888888880204cc0092401034330320033016225335001101422135002223253353335734002034032260280042600e00866e3c008024d54cd4d4c0040188888888888880284c0512401035054380022100222220032350012200222533500110131335738004024646464a66a64666ae6800404003ccdc3a400000422440022a66a64666ae6800404003ccdc3a40040042244004260209201035054310035573c0046aae74004dd500119191919299a999ab9a00101000f1323233221233001003002323232325335333573400202c02a2646464646464646464646646666666466646664444444444442466666666666600201a01801601401201000e00c00a0080060046603c464646464a66a666ae680040a009c4cc8848cc00400c008c098d5d080118031aba1357440042605292103505431003370e90000011aab9e00235573a0026ea8004d5d08079aba100d3301e00135742018464646464a66a666ae6800409c0984c8c8c8cccc888848cccc00401401000c008c8c8c8c94cd4ccd5cd000817016899910919800801801180f1aba10023300501d357426ae880084c0bd240103505431003370e90000011aab9e00235573a0026ea8d5d080298049aba1003323232325335333573400205c05a22444006264a66a666ae680040bc0b84c84888c004010dd71aba10031325335333573400206005e264244460040086ae840104c0c524103505431003370e900200219b874800800ccdc3a40000046aae78008d55ce8009baa3574200466002eb8d5d09aba200222323232325335333573400205e05c2244002264a66a666ae680040c00bc4c8488c00800cc01cd5d080189818a4903505431003370e900000199b8748008008d55cf0011aab9d00137540026ae88004d5d10010981424903505431003370e90000011aab9e00235573a0026ea8004c004d5d080518009aba10093001300175a6ae8401cd5d08031aba10053301c75c6ae84010d5d08019980090009aba10022322300237560026048446666aae7c00480848c8cd4084cc8848cc00400c008dd71aab9d001300535573c00260086ae8800cd5d08010129aba1357440026ae88004d5d10009aba2001357440026ae88004d5d10009aba2001357440026ae88004d5d10010980ba4903505431003370e90000011aab9e00235573a0026ea8d5d080219191919299a999ab9a001016015132122223003005375c6ae840084c94cd4ccd5cd00080b80b099091111800802980a9aba10031325335333573400203002e26424444600400a600e6ae840104c94cd4ccd5cd00080c80c09909111180200299191919299a999ab9a00101d01c132122222223005008300c35742004264a66a666ae680040780744c848888888c01c020c034d5d0801899299a999ab9a00101f01e133221222222233006009008300e357420086eb8d5d09aba20041325335333573400204003e2664424444444660040120106eb8d5d08029bae357426ae880144c94cd4ccd5cd0008108100999109111111198008048041bae3574200c6eb4d5d09aba200613253353335734002044042224444444008264a66a666ae6800408c08844888888800c4c09124103505431003370e900600419b874802801ccdc3a401000c66e1d20060053370e900200219b874800800ccdc3a40000046aae78008d55ce8009baa3574200a26034920103505431003370e900300299b8748010010cdc3a400400666e1d200000235573c0046aae74004dd51aba135744008464646464a66a666ae680040580544c8488c00800cc018d5d0801099299a999ab9a001017016132333222122333001005004003375a6ae84010dd69aba1001375a6ae84d5d10009aba200313018490103505431003370e900100199b8748000008d55cf0011aab9d0013754002464646464a66a666ae680040540504c8488c00800cdd71aba10021325335333573400202c02a26424460020066eb8d5d08018980ba48103505431003370e900100199b8748000008d55cf0011aab9d001375400226022920103505431003370e90000011aab9e00235573a0026ea80045261300d4910350543500322323232325335333573400201c01a264666444246660020080060046eb8d5d080198039aba1001375c6ae84d5d10009aba20021300f49103505431003370e90000011aab9e00235573a0026ea8004c00c8c8c8c94cd4c8ccd5cd00080680619b87480000084cc8848cc00400c008c028d5d08009bae357426ae880044c035241035054310035573c0046aae74004dd5000980511299a80088041109a8011119299a999ab9a00100e00d132333573400201e01c66e1c008cdc0a400090010980380219b8f0024890b487964726148656164563100300922533500110072213500222325335333573400201a018264666ae68004038034cdc3801240042600e00866e3c00922010b4879647261486561645631002322300237580026012446666aae7c00480188cd4014c010d5d080118019aba200200a122002122122330010040032323232325335333573400200e00c26644246600200600464646464a66a666ae6800402c0284dd71aba10021300c49103505431003370e90000011aab9e00235573a0026ea8d5d08011bad357426ae880084c02124103505431003370e90000011aab9e00235573a0026ea80044880084880048c98cd5ce0008010900091918008009180111980100100081"
+    "description": "hydra-vCommit-0.17.0-348-gd8c94a18c3",
+    "cborHex": "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"
 }
diff --git a/hydra-plutus/scripts/vHead.plutus b/hydra-plutus/scripts/vHead.plutus
index 2af87ff5d7a..3d720529648 100644
--- a/hydra-plutus/scripts/vHead.plutus
+++ b/hydra-plutus/scripts/vHead.plutus
@@ -1,5 +1,5 @@
 {
     "type": "PlutusScriptV2",
-    "description": "hydra-vHead-0.17.0-48-gdf04fa7a8",
-    "cborHex": 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 }
diff --git a/hydra-plutus/scripts/vInitial.plutus b/hydra-plutus/scripts/vInitial.plutus
index f141543ff70..8eefd92b352 100644
--- a/hydra-plutus/scripts/vInitial.plutus
+++ b/hydra-plutus/scripts/vInitial.plutus
@@ -1,5 +1,5 @@
 {
     "type": "PlutusScriptV2",
-    "description": "hydra-vInitial-0.17.0-48-gdf04fa7a8",
-    "cborHex": 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+    "description": "hydra-vInitial-0.17.0-348-gd8c94a18c3",
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 }
diff --git a/hydra-plutus/src/Hydra/Contract/Commit.hs b/hydra-plutus/src/Hydra/Contract/Commit.hs
index 069934c917b..f0908534bc8 100644
--- a/hydra-plutus/src/Hydra/Contract/Commit.hs
+++ b/hydra-plutus/src/Hydra/Contract/Commit.hs
@@ -1,8 +1,7 @@
 {-# LANGUAGE TemplateHaskell #-}
 {-# OPTIONS_GHC -fno-specialize #-}
+{-# OPTIONS_GHC -fplugin-opt PlutusTx.Plugin:conservative-optimisation #-}
 {-# OPTIONS_GHC -fplugin-opt PlutusTx.Plugin:defer-errors #-}
--- Avoid trace calls to be optimized away when inlining functions.
-{-# OPTIONS_GHC -fplugin-opt PlutusTx.Plugin:no-simplifier-inline #-}
 -- Plutus core version to compile to. In babbage era, that is Cardano protocol
 -- version 7 and 8, only plutus-core version 1.0.0 is available.
 {-# OPTIONS_GHC -fplugin-opt PlutusTx.Plugin:target-version=1.0.0 #-}
diff --git a/hydra-plutus/src/Hydra/Contract/Head.hs b/hydra-plutus/src/Hydra/Contract/Head.hs
index 7380284d83c..c2905184f2a 100644
--- a/hydra-plutus/src/Hydra/Contract/Head.hs
+++ b/hydra-plutus/src/Hydra/Contract/Head.hs
@@ -1,9 +1,8 @@
 {-# LANGUAGE DuplicateRecordFields #-}
 {-# LANGUAGE TemplateHaskell #-}
 {-# OPTIONS_GHC -fno-specialize #-}
+{-# OPTIONS_GHC -fplugin-opt PlutusTx.Plugin:conservative-optimisation #-}
 {-# OPTIONS_GHC -fplugin-opt PlutusTx.Plugin:defer-errors #-}
--- Avoid trace calls to be optimized away when inlining functions.
-{-# OPTIONS_GHC -fplugin-opt PlutusTx.Plugin:no-simplifier-inline #-}
 -- Plutus core version to compile to. In babbage era, that is Cardano protocol
 -- version 7 and 8, only plutus-core version 1.0.0 is available.
 {-# OPTIONS_GHC -fplugin-opt PlutusTx.Plugin:target-version=1.0.0 #-}
@@ -16,7 +15,7 @@ import Hydra.Cardano.Api (PlutusScriptVersion (PlutusScriptV2))
 import Hydra.Contract.Commit (Commit (..))
 import Hydra.Contract.Commit qualified as Commit
 import Hydra.Contract.HeadError (HeadError (..), errorCode)
-import Hydra.Contract.HeadState (Input (..), Signature, SnapshotNumber, State (..))
+import Hydra.Contract.HeadState (CloseRedeemer (..), ClosedDatum (..), ContestRedeemer (..), DecrementRedeemer (..), Hash, Input (..), OpenDatum (..), Signature, SnapshotNumber, SnapshotVersion, State (..))
 import Hydra.Contract.Util (hasST, mustBurnAllHeadTokens, mustNotMintOrBurn, (===))
 import Hydra.Data.ContestationPeriod (ContestationPeriod, addContestationPeriod, milliseconds)
 import Hydra.Data.Party (Party (vkey))
@@ -73,12 +72,14 @@ headValidator oldState input ctx =
       checkCollectCom ctx (contestationPeriod, parties, headId)
     (Initial{parties, headId}, Abort) ->
       checkAbort ctx headId parties
-    (Open{parties, utxoHash = initialUtxoHash, contestationPeriod, headId}, Close{signature}) ->
-      checkClose ctx parties initialUtxoHash signature contestationPeriod headId
-    (Closed{parties, snapshotNumber = closedSnapshotNumber, contestationDeadline, contestationPeriod, headId, contesters}, Contest{signature}) ->
-      checkContest ctx contestationDeadline contestationPeriod parties closedSnapshotNumber signature contesters headId
-    (Closed{parties, utxoHash, contestationDeadline, headId}, Fanout{numberOfFanoutOutputs}) ->
-      checkFanout utxoHash contestationDeadline numberOfFanoutOutputs ctx headId parties
+    (Open openDatum, Decrement redeemer) ->
+      checkDecrement ctx openDatum redeemer
+    (Open openDatum, Close redeemer) ->
+      checkClose ctx openDatum redeemer
+    (Closed closedDatum, Contest redeemer) ->
+      checkContest ctx closedDatum redeemer
+    (Closed closedDatum, Fanout{numberOfFanoutOutputs, numberOfDecommitOutputs}) ->
+      checkFanout ctx closedDatum numberOfFanoutOutputs numberOfDecommitOutputs
     _ ->
       traceError $(errorCode InvalidHeadStateTransition)
 
@@ -143,7 +144,8 @@ checkCollectCom ::
   Bool
 checkCollectCom ctx@ScriptContext{scriptContextTxInfo = txInfo} (contestationPeriod, parties, headId) =
   mustCollectUtxoHash
-    && mustNotChangeParameters
+    && mustInitVersion
+    && mustNotChangeParameters (parties', parties) (contestationPeriod', contestationPeriod) (headId', headId)
     && mustCollectAllValue
     -- XXX: Is this really needed? If yes, why not check on the output?
     && traceIfFalse $(errorCode STNotSpent) (hasST headId val)
@@ -155,11 +157,9 @@ checkCollectCom ctx@ScriptContext{scriptContextTxInfo = txInfo} (contestationPer
     traceIfFalse $(errorCode IncorrectUtxoHash) $
       utxoHash == hashPreSerializedCommits collectedCommits
 
-  mustNotChangeParameters =
-    traceIfFalse $(errorCode ChangedParameters) $
-      parties' == parties
-        && contestationPeriod' == contestationPeriod
-        && headId' == headId
+  mustInitVersion =
+    traceIfFalse $(errorCode IncorrectVersion) $
+      version' == 0
 
   mustCollectAllValue =
     traceIfFalse $(errorCode NotAllValueCollected) $
@@ -169,18 +169,13 @@ checkCollectCom ctx@ScriptContext{scriptContextTxInfo = txInfo} (contestationPer
       -- would commonly only be a small number of inputs/outputs to pay fees.
       otherValueOut == notCollectedValueIn - txInfoFee txInfo
 
-  (parties', utxoHash, contestationPeriod', headId') =
-    -- XXX: fromBuiltinData is super big (and also expensive?)
-    case fromBuiltinData @DatumType $ getDatum (headOutputDatum ctx) of
-      Just
-        Open
-          { parties = p
-          , utxoHash = h
-          , contestationPeriod = cp
-          , headId = hId
-          } ->
-          (p, h, cp, hId)
-      _ -> traceError $(errorCode WrongStateInOutputDatum)
+  OpenDatum
+    { utxoHash
+    , parties = parties'
+    , contestationPeriod = contestationPeriod'
+    , headId = headId'
+    , version = version'
+    } = decodeHeadOutputOpenDatum ctx
 
   headAddress = getHeadAddress ctx
 
@@ -226,40 +221,90 @@ commitDatum input = do
     Nothing -> []
 {-# INLINEABLE commitDatum #-}
 
--- | The close validator must verify that:
---
---   * Check that the closing tx validity is bounded by contestation period
---
---   * Check that the deadline corresponds with tx validity and contestation period.
---
---   * The resulting utxo hash is correctly signed or the initial utxo hash,
---     depending on snapshot number
---
---   * The transaction is performed (i.e. signed) by one of the head participants
---
---   * State token (ST) is present in the output
---
---   * Contesters must be initialize as empty
---
---   * Value in v_head is preserved
+-- | Verify a decrement transaction.
+checkDecrement ::
+  ScriptContext ->
+  -- | Open state before the decrement
+  OpenDatum ->
+  DecrementRedeemer ->
+  Bool
+checkDecrement ctx openBefore redeemer =
+  mustNotChangeParameters (prevParties, nextParties) (prevCperiod, nextCperiod) (prevHeadId, nextHeadId)
+    && mustIncreaseVersion
+    && checkSnapshotSignature
+    && mustDecreaseValue
+    && mustBeSignedByParticipant ctx prevHeadId
+ where
+  checkSnapshotSignature =
+    verifySnapshotSignature nextParties (nextHeadId, prevVersion, snapshotNumber, nextUtxoHash, Just decommitUtxoHash) signature
+
+  mustDecreaseValue =
+    traceIfFalse $(errorCode HeadValueIsNotPreserved) $
+      headInValue == headOutValue <> foldMap txOutValue decommitOutputs
+
+  mustIncreaseVersion =
+    traceIfFalse $(errorCode VersionNotIncremented) $
+      nextVersion == prevVersion + 1
+
+  decommitUtxoHash = hashTxOuts decommitOutputs
+
+  DecrementRedeemer{signature, snapshotNumber, numberOfDecommitOutputs} = redeemer
+
+  OpenDatum
+    { parties = prevParties
+    , contestationPeriod = prevCperiod
+    , headId = prevHeadId
+    , version = prevVersion
+    } = openBefore
+
+  OpenDatum
+    { utxoHash = nextUtxoHash
+    , parties = nextParties
+    , contestationPeriod = nextCperiod
+    , headId = nextHeadId
+    , version = nextVersion
+    } = decodeHeadOutputOpenDatum ctx
+
+  -- NOTE: head output + whatever is decommitted needs to be equal to the head input.
+  headOutValue = txOutValue $ head outputs
+  headInValue = maybe mempty (txOutValue . txInInfoResolved) $ findOwnInput ctx
+
+  -- NOTE: we always assume Head output is the first one so we pick all other
+  -- outputs of a decommit tx to calculate the expected hash.
+  decommitOutputs = take numberOfDecommitOutputs (tail outputs)
+
+  outputs = txInfoOutputs txInfo
+
+  ScriptContext{scriptContextTxInfo = txInfo} = ctx
+{-# INLINEABLE checkDecrement #-}
+
+-- | Verify a close transaction.
 checkClose ::
   ScriptContext ->
-  [Party] ->
-  BuiltinByteString ->
-  [Signature] ->
-  ContestationPeriod ->
-  CurrencySymbol ->
+  -- | Open state before the close
+  OpenDatum ->
+  -- | Type of close transition.
+  CloseRedeemer ->
   Bool
-checkClose ctx parties initialUtxoHash sig cperiod headPolicyId =
+checkClose ctx openBefore redeemer =
   mustNotMintOrBurn txInfo
     && hasBoundedValidity
     && checkDeadline
-    && checkSnapshot
-    && mustBeSignedByParticipant ctx headPolicyId
+    && mustBeSignedByParticipant ctx headId
+    && mustNotChangeVersion
+    && mustBeValidSnapshot
     && mustInitializeContesters
     && mustPreserveValue
-    && mustNotChangeParameters
+    && mustNotChangeParameters (parties', parties) (cperiod', cperiod) (headId', headId)
  where
+  OpenDatum
+    { parties
+    , utxoHash = initialUtxoHash
+    , contestationPeriod = cperiod
+    , headId
+    , version
+    } = openBefore
+
   mustPreserveValue =
     traceIfFalse $(errorCode HeadValueIsNotPreserved) $
       val === val'
@@ -272,31 +317,46 @@ checkClose ctx parties initialUtxoHash sig cperiod headPolicyId =
     traceIfFalse $(errorCode HasBoundedValidityCheckFailed) $
       tMax - tMin <= cp
 
-  (closedSnapshotNumber, closedUtxoHash, parties', closedContestationDeadline, cperiod', headId', contesters') =
-    -- XXX: fromBuiltinData is super big (and also expensive?)
-    case fromBuiltinData @DatumType $ getDatum (headOutputDatum ctx) of
-      Just
-        Closed
-          { snapshotNumber
-          , utxoHash
-          , parties = p
-          , contestationDeadline
-          , headId
-          , contesters
-          , contestationPeriod
-          } -> (snapshotNumber, utxoHash, p, contestationDeadline, contestationPeriod, headId, contesters)
-      _ -> traceError $(errorCode WrongStateInOutputDatum)
-
-  checkSnapshot
-    | closedSnapshotNumber > 0 =
-        verifySnapshotSignature parties headPolicyId closedSnapshotNumber closedUtxoHash sig
-    | otherwise =
-        traceIfFalse $(errorCode ClosedWithNonInitialHash) $
-          closedUtxoHash == initialUtxoHash
+  ClosedDatum
+    { snapshotNumber = snapshotNumber'
+    , utxoHash = utxoHash'
+    , deltaUTxOHash = deltaUTxOHash'
+    , parties = parties'
+    , contestationDeadline = deadline
+    , contestationPeriod = cperiod'
+    , headId = headId'
+    , contesters = contesters'
+    , version = version'
+    } = decodeHeadOutputClosedDatum ctx
+
+  mustNotChangeVersion =
+    traceIfFalse $(errorCode MustNotChangeVersion) $
+      version' == version
+
+  mustBeValidSnapshot =
+    case redeemer of
+      CloseInitial ->
+        traceIfFalse $(errorCode FailedCloseInitial) $
+          version == 0
+            && snapshotNumber' == 0
+            && utxoHash' == initialUtxoHash
+      CloseCurrent{signature} ->
+        traceIfFalse $(errorCode FailedCloseCurrent) $
+          verifySnapshotSignature
+            parties
+            (headId, version, snapshotNumber', utxoHash', deltaUTxOHash')
+            signature
+      CloseOutdated{signature, alreadyDecommittedUTxOHash} ->
+        traceIfFalse $(errorCode FailedCloseOutdated) $
+          isNothing deltaUTxOHash'
+            && verifySnapshotSignature
+              parties
+              (headId, version - 1, snapshotNumber', utxoHash', Just alreadyDecommittedUTxOHash)
+              signature
 
   checkDeadline =
     traceIfFalse $(errorCode IncorrectClosedContestationDeadline) $
-      closedContestationDeadline == makeContestationDeadline cperiod ctx
+      deadline == makeContestationDeadline cperiod ctx
 
   cp = fromMilliSeconds (milliseconds cperiod)
 
@@ -308,12 +368,6 @@ checkClose ctx parties initialUtxoHash sig cperiod headPolicyId =
     LowerBound (Finite t) _ -> t
     _InfiniteBound -> traceError $(errorCode InfiniteLowerBound)
 
-  mustNotChangeParameters =
-    traceIfFalse $(errorCode ChangedParameters) $
-      headId' == headPolicyId
-        && parties' == parties
-        && cperiod' == cperiod
-
   mustInitializeContesters =
     traceIfFalse $(errorCode ContestersNonEmpty) $
       null contesters'
@@ -321,52 +375,25 @@ checkClose ctx parties initialUtxoHash sig cperiod headPolicyId =
   ScriptContext{scriptContextTxInfo = txInfo} = ctx
 {-# INLINEABLE checkClose #-}
 
--- | The contest validator must verify that:
---
---   * The transaction does not mint or burn tokens.
---
---   * The contest snapshot number is strictly greater than the closed snapshot number.
---
---   * The contest snapshot is correctly signed.
---
---   * The transaction is performed (i.e. signed) by one of the head participants
---
---   * Party can contest only once.
---
---   * The transaction is performed before the deadline.
---
---   * Add signer to list of contesters.
---
---   * State token (ST) is present in the output
---
---   * Push deadline if signer is not the last one to contest.
---
---   * No other parameters have changed.
---
---   * Value in v_head is preserved
+-- | Verify a contest transaction.
 checkContest ::
   ScriptContext ->
-  POSIXTime ->
-  ContestationPeriod ->
-  [Party] ->
-  -- | Snapshot number of the closed state.
-  SnapshotNumber ->
-  [Signature] ->
-  -- | Keys of party member which already contested.
-  [PubKeyHash] ->
-  -- | Head id
-  CurrencySymbol ->
+  -- | Closed state before the close
+  ClosedDatum ->
+  -- | Type of contest transition.
+  ContestRedeemer ->
   Bool
-checkContest ctx contestationDeadline contestationPeriod parties closedSnapshotNumber sig contesters headId =
+checkContest ctx closedDatum redeemer =
   mustNotMintOrBurn txInfo
+    && mustNotChangeVersion
     && mustBeNewer
-    && mustBeMultiSigned
+    && mustBeValidSnapshot
     && mustBeSignedByParticipant ctx headId
     && checkSignedParticipantContestOnlyOnce
     && mustBeWithinContestationPeriod
     && mustUpdateContesters
     && mustPushDeadline
-    && mustNotChangeParameters
+    && mustNotChangeParameters (parties', parties) (contestationPeriod', contestationPeriod) (headId', headId)
     && mustPreserveValue
  where
   mustPreserveValue =
@@ -379,10 +406,27 @@ checkContest ctx contestationDeadline contestationPeriod parties closedSnapshotN
 
   mustBeNewer =
     traceIfFalse $(errorCode TooOldSnapshot) $
-      contestSnapshotNumber > closedSnapshotNumber
-
-  mustBeMultiSigned =
-    verifySnapshotSignature parties headId contestSnapshotNumber contestUtxoHash sig
+      snapshotNumber' > snapshotNumber
+
+  mustNotChangeVersion =
+    traceIfFalse $(errorCode MustNotChangeVersion) $
+      version' == version
+
+  mustBeValidSnapshot =
+    case redeemer of
+      ContestCurrent{signature} ->
+        traceIfFalse $(errorCode FailedContestCurrent) $
+          verifySnapshotSignature
+            parties
+            (headId, version, snapshotNumber', utxoHash', deltaUTxOHash')
+            signature
+      ContestOutdated{signature, alreadyDecommittedUTxOHash} ->
+        traceIfFalse $(errorCode FailedContestOutdated) $
+          isNothing deltaUTxOHash'
+            && verifySnapshotSignature
+              parties
+              (headId, version - 1, snapshotNumber', utxoHash', Just alreadyDecommittedUTxOHash)
+              signature
 
   mustBeWithinContestationPeriod =
     case ivTo (txInfoValidRange txInfo) of
@@ -391,12 +435,6 @@ checkContest ctx contestationDeadline contestationPeriod parties closedSnapshotN
           time <= contestationDeadline
       _ -> traceError $(errorCode ContestNoUpperBoundDefined)
 
-  mustNotChangeParameters =
-    traceIfFalse $(errorCode ChangedParameters) $
-      parties' == parties
-        && headId' == headId
-        && contestationPeriod' == contestationPeriod
-
   mustPushDeadline =
     if length contesters' == length parties'
       then
@@ -410,20 +448,27 @@ checkContest ctx contestationDeadline contestationPeriod parties closedSnapshotN
     traceIfFalse $(errorCode ContesterNotIncluded) $
       contesters' == contester : contesters
 
-  (contestSnapshotNumber, contestUtxoHash, parties', contestationDeadline', contestationPeriod', headId', contesters') =
-    -- XXX: fromBuiltinData is super big (and also expensive?)
-    case fromBuiltinData @DatumType $ getDatum (headOutputDatum ctx) of
-      Just
-        Closed
-          { snapshotNumber
-          , utxoHash
-          , parties = p
-          , contestationDeadline = dl
-          , contestationPeriod = cp
-          , headId = hid
-          , contesters = cs
-          } -> (snapshotNumber, utxoHash, p, dl, cp, hid, cs)
-      _ -> traceError $(errorCode WrongStateInOutputDatum)
+  ClosedDatum
+    { contestationDeadline
+    , contestationPeriod
+    , parties
+    , snapshotNumber
+    , contesters
+    , headId
+    , version
+    } = closedDatum
+
+  ClosedDatum
+    { snapshotNumber = snapshotNumber'
+    , utxoHash = utxoHash'
+    , deltaUTxOHash = deltaUTxOHash'
+    , parties = parties'
+    , contestationDeadline = contestationDeadline'
+    , contestationPeriod = contestationPeriod'
+    , headId = headId'
+    , contesters = contesters'
+    , version = version'
+    } = decodeHeadOutputClosedDatum ctx
 
   ScriptContext{scriptContextTxInfo = txInfo} = ctx
 
@@ -437,27 +482,40 @@ checkContest ctx contestationDeadline contestationPeriod parties closedSnapshotN
       contester `notElem` contesters
 {-# INLINEABLE checkContest #-}
 
+-- | Verify a fanout transaction.
 checkFanout ::
-  BuiltinByteString ->
-  POSIXTime ->
-  Integer ->
   ScriptContext ->
-  CurrencySymbol ->
-  [Party] ->
+  -- | Closed state before the fanout
+  ClosedDatum ->
+  -- | Number of normal outputs to fanout
+  Integer ->
+  -- | Number of delta outputs to fanout
+  Integer ->
   Bool
-checkFanout utxoHash contestationDeadline numberOfFanoutOutputs ScriptContext{scriptContextTxInfo = txInfo} currencySymbol parties =
-  mustBurnAllHeadTokens minted currencySymbol parties
+checkFanout ScriptContext{scriptContextTxInfo = txInfo} closedDatum numberOfFanoutOutputs numberOfDecommitOutputs =
+  mustBurnAllHeadTokens minted headId parties
     && hasSameUTxOHash
+    && hasSameUTxOToDecommitHash
     && afterContestationDeadline
  where
   minted = txInfoMint txInfo
 
   hasSameUTxOHash =
-    traceIfFalse $(errorCode FannedOutUtxoHashNotEqualToClosedUtxoHash) $
+    traceIfFalse $(errorCode FanoutUTxOHashMismatch) $
       fannedOutUtxoHash == utxoHash
 
+  hasSameUTxOToDecommitHash =
+    traceIfFalse $(errorCode FanoutUTxOToDecommitHashMismatch) $
+      case deltaUTxOHash of
+        Nothing -> numberOfDecommitOutputs == 0
+        Just hash -> hash == decommitUtxoHash
+
   fannedOutUtxoHash = hashTxOuts $ take numberOfFanoutOutputs txInfoOutputs
 
+  decommitUtxoHash = hashTxOuts $ take numberOfDecommitOutputs $ drop numberOfFanoutOutputs txInfoOutputs
+
+  ClosedDatum{utxoHash, deltaUTxOHash, parties, headId, contestationDeadline} = closedDatum
+
   TxInfo{txInfoOutputs} = txInfo
 
   afterContestationDeadline =
@@ -501,6 +559,18 @@ getHeadAddress :: ScriptContext -> Address
 getHeadAddress = txOutAddress . txInInfoResolved . getHeadInput
 {-# INLINEABLE getHeadAddress #-}
 
+mustNotChangeParameters ::
+  ([Party], [Party]) ->
+  (ContestationPeriod, ContestationPeriod) ->
+  (CurrencySymbol, CurrencySymbol) ->
+  Bool
+mustNotChangeParameters (parties', parties) (contestationPeriod', contestationPeriod) (headId', headId) =
+  traceIfFalse $(errorCode ChangedParameters) $
+    parties' == parties
+      && contestationPeriod' == contestationPeriod
+      && headId' == headId
+{-# INLINEABLE mustNotChangeParameters #-}
+
 -- XXX: We might not need to distinguish between the three cases here.
 mustBeSignedByParticipant ::
   ScriptContext ->
@@ -584,24 +654,28 @@ hasPT headCurrencySymbol txOut =
    in length pts == 1
 {-# INLINEABLE hasPT #-}
 
-verifySnapshotSignature :: [Party] -> CurrencySymbol -> SnapshotNumber -> BuiltinByteString -> [Signature] -> Bool
-verifySnapshotSignature parties headId snapshotNumber utxoHash sigs =
+-- | Verify the multi-signature of a snapshot using given constituents 'headId',
+-- 'version', 'number', 'utxoHash' and 'utxoToDecommitHash'. See
+-- 'SignableRepresentation Snapshot' for more details.
+verifySnapshotSignature :: [Party] -> (CurrencySymbol, SnapshotVersion, SnapshotNumber, Hash, Maybe Hash) -> [Signature] -> Bool
+verifySnapshotSignature parties msg sigs =
   traceIfFalse $(errorCode SignatureVerificationFailed) $
-    length parties
-      == length sigs
-      && all (uncurry $ verifyPartySignature headId snapshotNumber utxoHash) (zip parties sigs)
+    length parties == length sigs
+      && all (uncurry $ verifyPartySignature msg) (zip parties sigs)
 {-# INLINEABLE verifySnapshotSignature #-}
 
-verifyPartySignature :: CurrencySymbol -> SnapshotNumber -> BuiltinByteString -> Party -> Signature -> Bool
-verifyPartySignature headId snapshotNumber utxoHash party signed =
-  traceIfFalse $(errorCode PartySignatureVerificationFailed) $
-    verifyEd25519Signature (vkey party) message signed
+-- | Verify individual party signature of a snapshot. See
+-- 'SignableRepresentation Snapshot' for more details.
+verifyPartySignature :: (CurrencySymbol, SnapshotVersion, SnapshotNumber, Hash, Maybe Hash) -> Party -> Signature -> Bool
+verifyPartySignature (headId, snapshotVersion, snapshotNumber, utxoHash, utxoToDecommitHash) party =
+  verifyEd25519Signature (vkey party) message
  where
   message =
-    -- TODO: document CDDL format, either here or in 'Hydra.Snapshot.getSignableRepresentation'
     Builtins.serialiseData (toBuiltinData headId)
+      <> Builtins.serialiseData (toBuiltinData snapshotVersion)
       <> Builtins.serialiseData (toBuiltinData snapshotNumber)
       <> Builtins.serialiseData (toBuiltinData utxoHash)
+      <> Builtins.serialiseData (toBuiltinData $ fromMaybe mempty utxoToDecommitHash)
 {-# INLINEABLE verifyPartySignature #-}
 
 compareRef :: TxOutRef -> TxOutRef -> Ordering
@@ -622,3 +696,19 @@ validatorScript = serialiseCompiledCode compiledValidator
 
 validatorHash :: ScriptHash
 validatorHash = scriptValidatorHash PlutusScriptV2 validatorScript
+
+decodeHeadOutputClosedDatum :: ScriptContext -> ClosedDatum
+decodeHeadOutputClosedDatum ctx =
+  -- XXX: fromBuiltinData is super big (and also expensive?)
+  case fromBuiltinData @DatumType $ getDatum (headOutputDatum ctx) of
+    Just (Closed closedDatum) -> closedDatum
+    _ -> traceError $(errorCode WrongStateInOutputDatum)
+{-# INLINEABLE decodeHeadOutputClosedDatum #-}
+
+decodeHeadOutputOpenDatum :: ScriptContext -> OpenDatum
+decodeHeadOutputOpenDatum ctx =
+  -- XXX: fromBuiltinData is super big (and also expensive?)
+  case fromBuiltinData @DatumType $ getDatum (headOutputDatum ctx) of
+    Just (Open openDatum) -> openDatum
+    _ -> traceError $(errorCode WrongStateInOutputDatum)
+{-# INLINEABLE decodeHeadOutputOpenDatum #-}
diff --git a/hydra-plutus/src/Hydra/Contract/HeadError.hs b/hydra-plutus/src/Hydra/Contract/HeadError.hs
index 210bc7d9819..d86a6580d02 100644
--- a/hydra-plutus/src/Hydra/Contract/HeadError.hs
+++ b/hydra-plutus/src/Hydra/Contract/HeadError.hs
@@ -4,24 +4,38 @@ module Hydra.Contract.HeadError (
 ) where
 
 import Hydra.Contract.Error (ToErrorCode (..), errorCode)
-import Text.Show (Show)
 
 data HeadError
   = InvalidHeadStateTransition
+  | ChangedParameters
+  | WrongStateInOutputDatum
+  | HeadValueIsNotPreserved
+  | SignerIsNotAParticipant
+  | NoSigners
+  | TooManySigners
+  | ScriptNotSpendingAHeadInput
+  | NoOutputDatumError
+  | UnexpectedNonInlineDatum
+  | NotPayingToHead
+  | SignatureVerificationFailed
+  | MustNotChangeVersion
   | BurntTokenNumberMismatch
   | ReimbursedOutputsDontMatch
   | STNotSpent
   | IncorrectUtxoHash
-  | ChangedParameters
-  | WrongStateInOutputDatum
   | MissingCommits
-  | HeadValueIsNotPreserved
+  | NotAllValueCollected
+  | IncorrectVersion
+  | VersionNotIncremented
   | HasBoundedValidityCheckFailed
-  | ClosedWithNonInitialHash
   | IncorrectClosedContestationDeadline
   | InfiniteUpperBound
   | InfiniteLowerBound
   | ContestersNonEmpty
+  | CloseNoUpperBoundDefined
+  | FailedCloseInitial
+  | FailedCloseCurrent
+  | FailedCloseOutdated
   | TooOldSnapshot
   | UpperBoundBeyondContestationDeadline
   | ContestNoUpperBoundDefined
@@ -30,58 +44,63 @@ data HeadError
   | ContesterNotIncluded
   | WrongNumberOfSigners
   | SignerAlreadyContested
-  | FannedOutUtxoHashNotEqualToClosedUtxoHash
+  | FailedContestCurrent
+  | FailedContestOutdated
+  | FanoutUTxOHashMismatch
   | LowerBoundBeforeContestationDeadline
   | FanoutNoLowerBoundDefined
-  | CloseNoUpperBoundDefined
-  | ScriptNotSpendingAHeadInput
-  | SignerIsNotAParticipant
-  | NoSigners
-  | TooManySigners
-  | NoOutputDatumError
-  | UnexpectedNonInlineDatum
-  | SignatureVerificationFailed
-  | PartySignatureVerificationFailed
-  | NotPayingToHead
-  | NotAllValueCollected
-  deriving stock (Show)
+  | FanoutUTxOToDecommitHashMismatch
 
 instance ToErrorCode HeadError where
   toErrorCode = \case
-    InvalidHeadStateTransition -> "H01"
-    BurntTokenNumberMismatch -> "H02"
-    ReimbursedOutputsDontMatch -> "H03"
-    STNotSpent -> "H04"
-    IncorrectUtxoHash -> "H05"
-    ChangedParameters -> "H06"
-    WrongStateInOutputDatum -> "H07"
-    MissingCommits -> "H08"
-    HeadValueIsNotPreserved -> "H09"
-    HasBoundedValidityCheckFailed -> "H10"
-    ClosedWithNonInitialHash -> "H11"
-    IncorrectClosedContestationDeadline -> "H12"
-    InfiniteUpperBound -> "H13"
-    InfiniteLowerBound -> "H14"
-    ContestersNonEmpty -> "H15"
-    TooOldSnapshot -> "H16"
-    UpperBoundBeyondContestationDeadline -> "H17"
-    ContestNoUpperBoundDefined -> "H18"
-    MustNotPushDeadline -> "H19"
-    MustPushDeadline -> "H20"
-    ContesterNotIncluded -> "H21"
-    WrongNumberOfSigners -> "H22"
-    SignerAlreadyContested -> "H23"
-    FannedOutUtxoHashNotEqualToClosedUtxoHash -> "H24"
-    LowerBoundBeforeContestationDeadline -> "H25"
-    FanoutNoLowerBoundDefined -> "H26"
+    -- Generic
+    InvalidHeadStateTransition -> "H1"
+    ChangedParameters -> "H2"
+    WrongStateInOutputDatum -> "H3"
+    HeadValueIsNotPreserved -> "H4"
+    SignerIsNotAParticipant -> "H5"
+    NoSigners -> "H6"
+    TooManySigners -> "H7"
+    ScriptNotSpendingAHeadInput -> "H8"
+    NoOutputDatumError -> "H9"
+    UnexpectedNonInlineDatum -> "H10"
+    NotPayingToHead -> "H11"
+    SignatureVerificationFailed -> "H12"
+    MustNotChangeVersion -> "H13"
+    -- Abort
+    BurntTokenNumberMismatch -> "H14"
+    ReimbursedOutputsDontMatch -> "H15"
+    -- Collect
+    STNotSpent -> "H16"
+    IncorrectUtxoHash -> "H17"
+    MissingCommits -> "H18"
+    NotAllValueCollected -> "H19"
+    IncorrectVersion -> "H20"
+    -- Decrement
+    VersionNotIncremented -> "H21"
+    -- Close
+    HasBoundedValidityCheckFailed -> "H22"
+    IncorrectClosedContestationDeadline -> "H23"
+    InfiniteUpperBound -> "H24"
+    InfiniteLowerBound -> "H25"
+    ContestersNonEmpty -> "H26"
     CloseNoUpperBoundDefined -> "H27"
-    ScriptNotSpendingAHeadInput -> "H28"
-    SignerIsNotAParticipant -> "H29"
-    NoSigners -> "H30"
-    TooManySigners -> "H31"
-    NoOutputDatumError -> "H32"
-    UnexpectedNonInlineDatum -> "H33"
-    SignatureVerificationFailed -> "H34"
-    PartySignatureVerificationFailed -> "H35"
-    NotPayingToHead -> "H36"
-    NotAllValueCollected -> "H37"
+    FailedCloseInitial -> "H28"
+    FailedCloseCurrent -> "H29"
+    FailedCloseOutdated -> "H30"
+    -- Contest
+    TooOldSnapshot -> "H31"
+    UpperBoundBeyondContestationDeadline -> "H32"
+    ContestNoUpperBoundDefined -> "H33"
+    MustNotPushDeadline -> "H34"
+    MustPushDeadline -> "H35"
+    ContesterNotIncluded -> "H36"
+    WrongNumberOfSigners -> "H37"
+    SignerAlreadyContested -> "H38"
+    FailedContestCurrent -> "H39"
+    FailedContestOutdated -> "H40"
+    -- Fanout
+    FanoutUTxOHashMismatch -> "H41"
+    FanoutUTxOToDecommitHashMismatch -> "H42"
+    LowerBoundBeforeContestationDeadline -> "H43"
+    FanoutNoLowerBoundDefined -> "H44"
diff --git a/hydra-plutus/src/Hydra/Contract/HeadState.hs b/hydra-plutus/src/Hydra/Contract/HeadState.hs
index accda334519..6a06d8f188d 100644
--- a/hydra-plutus/src/Hydra/Contract/HeadState.hs
+++ b/hydra-plutus/src/Hydra/Contract/HeadState.hs
@@ -15,10 +15,54 @@ import Text.Show (Show)
 
 type SnapshotNumber = Integer
 
+type SnapshotVersion = Integer
+
 type Hash = BuiltinByteString
 
 type Signature = BuiltinByteString
 
+-- | Sub-type for the open state-machine state.
+data OpenDatum = OpenDatum
+  { headId :: CurrencySymbol
+  -- ^ Spec: cid
+  , parties :: [Party]
+  -- ^ Spec: kH
+  , contestationPeriod :: ContestationPeriod
+  -- ^ Spec: T
+  , version :: SnapshotVersion
+  -- ^ Spec: v
+  , utxoHash :: Hash
+  -- ^ Spec: η
+  }
+  deriving stock (Generic, Show)
+
+PlutusTx.unstableMakeIsData ''OpenDatum
+
+-- | Sub-type for the closed state-machine state.
+data ClosedDatum = ClosedDatum
+  { headId :: CurrencySymbol
+  -- ^ Spec: cid
+  , parties :: [Party]
+  -- ^ Spec: kH
+  , contestationPeriod :: ContestationPeriod
+  -- ^ Spec: T
+  , version :: SnapshotVersion
+  -- ^ Spec: v
+  , snapshotNumber :: SnapshotNumber
+  -- ^ Spec: s
+  , utxoHash :: Hash
+  -- ^ Spec: η. Digest of snapshotted UTxO
+  , deltaUTxOHash :: Maybe Hash
+  -- ^ Spec: ηΔ. Digest of UTxO still to be distributed
+  , contesters :: [PubKeyHash]
+  -- ^ Spec: C
+  , contestationDeadline :: POSIXTime
+  -- ^ Spec: tfinal
+  }
+  deriving stock (Generic, Show)
+
+PlutusTx.unstableMakeIsData ''ClosedDatum
+
 data State
   = Initial
       { contestationPeriod :: ContestationPeriod
@@ -26,36 +70,76 @@ data State
       , headId :: CurrencySymbol
       , seed :: TxOutRef
       }
-  | Open
-      { contestationPeriod :: ContestationPeriod
-      , parties :: [Party]
-      , utxoHash :: Hash
-      , headId :: CurrencySymbol
-      }
-  | Closed
-      { parties :: [Party]
-      , snapshotNumber :: SnapshotNumber
-      , utxoHash :: Hash
-      , contestationDeadline :: POSIXTime
-      , contestationPeriod :: ContestationPeriod
-      , headId :: CurrencySymbol
-      , contesters :: [PubKeyHash]
-      }
+  | Open OpenDatum
+  | Closed ClosedDatum
   | Final
   deriving stock (Generic, Show)
 
 PlutusTx.unstableMakeIsData ''State
 
-data Input
-  = CollectCom
-  | Close
+-- | Sub-type for close transition with auxiliary data as needed.
+data CloseRedeemer
+  = -- | Intial snapshot is used to close.
+    CloseInitial
+  | -- | Closing snapshot refers to the current state version
+    CloseCurrent
+      { signature :: [Signature]
+      -- ^ Multi-signature of a snapshot ξ
+      }
+  | -- | Closing snapshot refers to the previous state version
+    CloseOutdated
+      { signature :: [Signature]
+      -- ^ Multi-signature of a snapshot ξ
+      , alreadyDecommittedUTxOHash :: Hash
+      -- ^ UTxO which was already decommitted ηω
+      }
+  deriving stock (Show, Generic)
+
+PlutusTx.unstableMakeIsData ''CloseRedeemer
+
+-- | Sub-type for contest transition with auxiliary data as needed.
+data ContestRedeemer
+  = -- | Contesting snapshot refers to the current state version
+    ContestCurrent
       { signature :: [Signature]
+      -- ^ Multi-signature of a snapshot ξ
       }
-  | Contest
+  | -- | Contesting snapshot refers to the previous state version
+    ContestOutdated
       { signature :: [Signature]
+      -- ^ Multi-signature of a snapshot ξ
+      , alreadyDecommittedUTxOHash :: Hash
+      -- ^ UTxO which was already decommitted ηω
       }
+  deriving stock (Show, Generic)
+
+PlutusTx.unstableMakeIsData ''ContestRedeemer
+
+-- | Sub-type for decrement transition with auxiliary data as needed.
+data DecrementRedeemer = DecrementRedeemer
+  { signature :: [Signature]
+  -- ^ Spec: ξ
+  , snapshotNumber :: SnapshotNumber
+  -- ^ Spec: s
+  , numberOfDecommitOutputs :: Integer
+  -- ^ Spec: m
+  }
+  deriving stock (Show, Generic)
+
+PlutusTx.unstableMakeIsData ''DecrementRedeemer
+
+data Input
+  = CollectCom
+  | Decrement DecrementRedeemer
+  | Close CloseRedeemer
+  | Contest ContestRedeemer
   | Abort
-  | Fanout {numberOfFanoutOutputs :: Integer}
+  | Fanout
+      { numberOfFanoutOutputs :: Integer
+      -- ^ Spec: m
+      , numberOfDecommitOutputs :: Integer
+      -- ^ Spec: n
+      }
   deriving stock (Generic, Show)
 
 PlutusTx.unstableMakeIsData ''Input
diff --git a/hydra-plutus/src/Hydra/Contract/HeadTokens.hs b/hydra-plutus/src/Hydra/Contract/HeadTokens.hs
index abcf91be160..30113a3c2d7 100644
--- a/hydra-plutus/src/Hydra/Contract/HeadTokens.hs
+++ b/hydra-plutus/src/Hydra/Contract/HeadTokens.hs
@@ -1,3 +1,4 @@
+{-# LANGUAGE DuplicateRecordFields #-}
 {-# LANGUAGE TemplateHaskell #-}
 {-# OPTIONS_GHC -fno-specialize #-}
 {-# OPTIONS_GHC -fplugin-opt PlutusTx.Plugin:defer-errors #-}
@@ -23,7 +24,7 @@ import Hydra.Cardano.Api (
  )
 import Hydra.Cardano.Api qualified as Api
 import Hydra.Contract.Head qualified as Head
-import Hydra.Contract.HeadState (headId, seed)
+import Hydra.Contract.HeadState (seed)
 import Hydra.Contract.HeadState qualified as Head
 import Hydra.Contract.HeadTokensError (HeadTokensError (..), errorCode)
 import Hydra.Contract.Initial qualified as Initial
diff --git a/hydra-plutus/src/Hydra/Contract/Initial.hs b/hydra-plutus/src/Hydra/Contract/Initial.hs
index c83bf27b2b0..df74dc4f603 100644
--- a/hydra-plutus/src/Hydra/Contract/Initial.hs
+++ b/hydra-plutus/src/Hydra/Contract/Initial.hs
@@ -1,8 +1,7 @@
 {-# LANGUAGE TemplateHaskell #-}
 {-# OPTIONS_GHC -fno-specialize #-}
+{-# OPTIONS_GHC -fplugin-opt PlutusTx.Plugin:conservative-optimisation #-}
 {-# OPTIONS_GHC -fplugin-opt PlutusTx.Plugin:defer-errors #-}
--- Avoid trace calls to be optimized away when inlining functions.
-{-# OPTIONS_GHC -fplugin-opt PlutusTx.Plugin:no-simplifier-inline #-}
 -- Plutus core version to compile to. In babbage era, that is Cardano protocol
 -- version 7 and 8, only plutus-core version 1.0.0 is available.
 {-# OPTIONS_GHC -fplugin-opt PlutusTx.Plugin:target-version=1.0.0 #-}
diff --git a/hydra-prelude/src/Hydra/Prelude.hs b/hydra-prelude/src/Hydra/Prelude.hs
index f84ba992891..aa0dae58df1 100644
--- a/hydra-prelude/src/Hydra/Prelude.hs
+++ b/hydra-prelude/src/Hydra/Prelude.hs
@@ -1,4 +1,4 @@
--- NOTE: Usage of 'trace' in 'spy'.
+-- NOTE: Usage of 'trace' in 'spy' is accepted here.
 {-# OPTIONS_GHC -Wno-deprecations #-}
 
 module Hydra.Prelude (
diff --git a/spec/fig_SM_states_basic.tex b/spec/fig_SM_states_basic.tex
index 89c616496f0..e60fb8fe6cc 100644
--- a/spec/fig_SM_states_basic.tex
+++ b/spec/fig_SM_states_basic.tex
@@ -9,7 +9,7 @@
 
     \path[->] (initial) edge [bend left=20] node {$\stCollect$} (open);
     \path[->] (open) edge [bend left=20] node {$\stClose$} (closed);
-    \path[->] (open) edge [loop below] node {\red{$\mathsf{decrement}$}} (open);
+    \path[->] (open) edge [loop below] node {$\mathsf{decrement}$} (open);
     \path[->] (closed) edge [bend left=20] node {$\stFanout$} (final);
     \path[->] (closed) edge [loop above] node {$\stContest$} (closed);
     \path[->] (initial) edge [bend right=20] node {$\stAbort$} (final);
diff --git a/spec/fig_offchain_prot.tex b/spec/fig_offchain_prot.tex
index 70129603c4b..7c5e33cbb58 100644
--- a/spec/fig_offchain_prot.tex
+++ b/spec/fig_offchain_prot.tex
@@ -47,10 +47,10 @@
 							$\Uinit \gets \bigcup_{j=1}^{n} U_j$ \;
 							% $\Out~(\hpSnap,(0,U_0))$ \;
 							$\hatmL \gets \Uinit$ \;
-							\red{$\bar{\mc S} \gets \Sno(0, 0, \Uinit, \emptyset, \bot)$ \;}
-							\red{$\hatv, \hats \gets 0$ \;}
+							$\bar{\mc S} \gets \blue{\Sno(0, 0, \Uinit, \emptyset, \bot)}$ \;
+							$\hatv, \hats \gets 0$ \;
 							$\hatmT \gets \emptyset$ \;
-							\red{$\tx_{\omega} \gets \bot$ \;}
+							$\tx_{\omega} \gets \bot$ \;
 						}
 
 					\end{walgo}
@@ -73,7 +73,7 @@
 								$\hatmT \gets \hatmT \cup \{\tx\}$ \;
 								% issue snapshot if we are leader
 								\If{$\hats = \bar{\mc S}.s \land \hpLdr(\bar{\mc S}.s + 1) = i$}{
-									\Multi{} $(\hpRS,\red{\hatv,}\bar{\mc S}.s+1, \hatmT, \red{\tx_{\omega}})$ \;
+									\Multi{} $(\hpRS,\hatv,\bar{\mc S}.s+1, \hatmT, \tx_{\omega})$ \;
 								}
 							}
 						}
@@ -81,22 +81,21 @@
 						\vspace{12pt}
 
 						%%% REQ SN
-						\On{$(\hpRS,\red{v,}s,\mT_{\mathsf{req}}, \red{\tx_{\omega}})$ from $\party_j$}{
-							\Req{$\red{v = \hatv ~ \land} ~ s = \hats + 1 ~ \land ~ \hpLdr(s) = j$} \;
+						\On{$(\hpRS,v,s,\mT_{\mathsf{req}}, \tx_{\omega})$ from $\party_j$}{
+							\Req{$v = \hatv ~ \land ~ s = \hats + 1 ~ \land ~ \hpLdr(s) = j$} \;
 							\Wait{$\hats = \bar{\mc S}.s$}{
-							    \red{\Req{$\bar{\mc S}.U \applytx \tx_{\omega} \not= \bot$}} \;
-							    \red{$U_{\mathsf{active}} \gets \bar{\mc S}.U \applytx \tx_{\omega}$} \;
-								\Req{$\red{U_{\mathsf{active}}} \applytx \mT_{\mathsf{req}} \not= \bot$} \;
-								$U \gets \red{U_{\mathsf{active}}} \applytx \mT_{\mathsf{req}}$ \;
-								% XXX: why +1? ̂s ← s would be clearer here
-								$\hats \gets \bar{\mc S}.s + 1$ \;
+								\Req{$\bar{\mc S}.U \applytx \tx_{\omega} \not= \bot$} \;
+								$U_{\mathsf{active}} \gets \bar{\mc S}.U \applytx \tx_{\omega} \setminus \mathsf{outputs(\tx_{\omega})}$ \;
+								\Req{$U_{\mathsf{active}} \applytx \mT_{\mathsf{req}} \not= \bot$} \;
+								$U \gets U_{\mathsf{active}} \applytx \mT_{\mathsf{req}}$ \;
+								$\hats \gets s$ \;
 								% TODO: DRY message creation
 								$\eta \gets \combine(U)$ \;
 								% TODO: handwavy combine/outputs here
-								$\red{\eta_{\omega} \gets \combine(\mathsf{outputs}(\tx_{\omega}))}$ \;
+								$\eta_{\omega} \gets \combine(\mathsf{outputs}(\tx_{\omega}))$ \;
 								% NOTE: WE could make included transactions auditable by adding
 								% a merkle tree root to the (signed) snapshot data \eta
-								$\msSig_i \gets \msSign(\hydraSigningKey, (\cid || \red{v ||} \hats || \eta \red{|| \eta_{\omega}}))$ \;
+								$\msSig_i \gets \msSign(\hydraSigningKey, (\cid || v || \hats || \eta || \eta_{\omega}))$ \;
 								$\hatSigma \gets \emptyset$ \;
 								$\Multi{}~(\hpAS,\hats,\msSig_i)$ \;
 								$\forall \tx \in \mT_{\mathsf{req}}: \Out~(\hpSeen,\tx)$ \;
@@ -117,32 +116,29 @@
 				\adjustbox{valign=t,scale=\sfact}{
 					\begin{walgo}{0.7}
 						%%% REC DEC
-						\red{\On{$(\mathtt{reqDec},\tx)$ from $\party_j$}{
+						\On{$(\mathtt{reqDec},\tx)$ from $\party_j$}{
 							\Wait{$\tx_\omega = \bot ~ \land ~ \hatmL \applytx \tx \not= \bot$}{
-							  $\hatmL \gets \hatmL \setminus \mathsf{inputs}(\tx)$ \;
-							  $\tx_\omega \gets \tx$ \;
-							  % issue snapshot if we are leader
-							  \If{$\hats = \bar{\mc S}.s \land \hpLdr(\bar{\mc S}.s + 1) = i$}{
-								\Multi{} $(\hpRS,\hatv,\bar{\mc S}.s+1,\hatmT, \tx_{\omega})$ \;
-							  }
+								$\hatmL \gets \hatmL \applytx \tx \setminus \mathsf{outputs}(\tx)$ \;
+								$\tx_\omega \gets \tx$ \;
+								% issue snapshot if we are leader
+								\If{$\hats = \bar{\mc S}.s \land \hpLdr(\bar{\mc S}.s + 1) = i$}{
+									\Multi{} $(\hpRS,\hatv,\bar{\mc S}.s+1,\hatmT, \tx_{\omega})$ \;
+								}
 							}
 						}
-						}
 
 						\vspace{12pt}
 
 						%%% DECREMENT
-						\red{\On{$(\mathtt{decrementTx}, U_{\omega}, v)$ from chain}{
+						\On{$(\mathtt{decrementTx}, U_{\omega}, v)$ from chain}{
 							\If{$\mathsf{outputs}(\tx_{\omega}) = U_{\omega}$}{
 								$\tx_{\omega} \gets \bot$ \;
 								$\hatv \gets v$ \;
-								% TODO: always snapshot? not strictly needed (to clear pending decommits)?
 								\If{$\hats = \bar{\mc S}.s \land \hpLdr(\bar{\mc S}.s + 1) = i$}{
 									\Multi{} $(\hpRS,\hatv,\bar{\mc S}.s+1,\hatmT, \tx_{\omega})$ \;
 								}
 							}
 						}
-						}
 
 						\vspace{12pt}
 
@@ -158,23 +154,26 @@
 
 									% TODO: DRY message creation
 									$\eta \gets \combine(\hatmU)$ \;
-									% TODO: tx_ω undefined (else) case
-								    $\red{\eta_{\omega} \gets \combine(\mathsf{outputs}(\tx_{\omega}))}$ \;
+									$\eta_{\omega} \gets \combine(\mathsf{outputs}(\tx_{\omega}))$ \;
 
-									\Req{} $\msVfy(\hydraKeysAgg, (\cid || \red{\hatv ||} \hats || \eta \red{|| \eta_{\omega}}), \msCSig)$ \;
+									% NOTE: Implementation differs here and
+									% below as it stores seen version in seen
+									% snapshot and uses that to verify
+									\Req{} $\msVfy(\hydraKeysAgg, (\cid || \blue{\hatv ||} \hats || \eta || \eta_{\omega}), \msCSig)$ \;
 									% create confirmed snapshot for later reference
-									$\bar{\mc S} \gets \Sno(\hatv, \hats, \hatmU, \hatmT \red{, \tx_{\omega}})$ \;
+									\blue{$\bar{\mc S} \gets \Sno(\hatv, \hats, \hatmU, \hatmT , \tx_{\omega})$ \;}
 									$\bar{\mc S}.\sigma \gets \msCSig$ \;
 
 									%$\Out~(\hpSnap,(\bar{\mc S}.s,\bar{\mc S}.U))$ \;
 									$\forall \tx \in \mT_{\mathsf{req}} : \Out (\hpConf,\tx)$ \;
-									\red{\If{$\tx_{\omega} \ne \bot$}{
-									  $\PostTx{}~(\mtxDecrement, \hatv, \hats, \eta, \eta_{\omega})$ \;
-									  \red{$\Out (\hpConf,\tx_{\omega})$ \;}
-									}}
+									\If{${\bar S}.\tx_{\omega} \ne \bot$}{
+										$\PostTx{}~(\mtxDecrement, \hatv, \hats, \eta, \eta_{\omega})$ \;
+										% NOTE: Needed for security?
+										\blue{$\Out (\hpConf,\tx_{\omega})$ \;}
+									}
 									% issue snapshot if we are leader
 									\If{$\hpLdr(s+1) = i \land \hatmT \neq \emptyset$}{
-										\Multi{} $(\hpRS,\red{\hatv},\bar{\mc S}.s+1, \hatmT, \red{\tx_{\omega}})$ \;
+										\Multi{} $(\hpRS,\hatv,\bar{\mc S}.s+1, \hatmT, \tx_{\omega})$ \;
 									}
 								}
 							}
@@ -194,9 +193,10 @@
 						% CLOSE from client
 						\On{$(\hpClose)$ from client}{
 							$\eta \gets \combine(\bar{\mc S}.U)$ \;
-							\red{$\eta_\omega \gets \combine(\mathsf{outputs}(\bar{\mc S}.\tx_\omega))$ \;}
+							$\eta_\omega \gets \combine(\mathsf{outputs}(\bar{\mc S}.\tx_\omega))$ \;
 							$\xi \gets \bar{\mc S}.\sigma$ \;
-							$\PostTx{}~(\mtxClose, \red{\bar{\mc S}.v}, \bar{\mc S}.s, \eta, \red{\eta_{\omega},} \xi)$ \;
+							% XXX: \hatv needed to distinguish between CloseType redeemer, explain how exactly?
+							$\PostTx{}~(\mtxClose, \hatv, \bar{\mc S}.v, \bar{\mc S}.s, \eta, \eta_{\omega}, \xi)$ \;
 						}
 					\end{walgo}
 				}
@@ -205,10 +205,11 @@
 					\begin{walgo}{0.6}
 						\On{$(\gcChainClose, \eta) \lor (\gcChainContest, s_{c}, \eta)$ from chain}{
 							\If{$\bar{\mc S}.s > s_{c}$}{
-							  $\eta \gets \combine(\bar{\mc S}.U)$ \;
-							  \red{$\eta_\omega \gets \combine(\mathsf{outputs}(\bar{\mc S}.\tx_\omega))$ \;}
-							  $\xi \gets \bar{\mc S}.\sigma$ \;
-							  $\PostTx{}~(\mtxContest, \red{\bar{\mc S}.v}, \bar{\mc S}.s, \eta, \red{\eta_{\omega},} \xi)$ \;
+								$\eta \gets \combine(\bar{\mc S}.U)$ \;
+								$\eta_\omega \gets \combine(\mathsf{outputs}(\bar{\mc S}.\tx_\omega))$ \;
+								$\xi \gets \bar{\mc S}.\sigma$ \;
+								% XXX: \hatv needed to distinguish between CloseType redeemer, explain how exactly?
+								$\PostTx{}~(\mtxContest, \hatv, \bar{\mc S}.v, \bar{\mc S}.s, \eta, \eta_{\omega}, \xi)$ \;
 							}
 						}
 					\end{walgo}
diff --git a/spec/figures/contestTx.pdf b/spec/figures/contestTx.pdf
index 716af0bf58c..262d6d596d5 100644
Binary files a/spec/figures/contestTx.pdf and b/spec/figures/contestTx.pdf differ
diff --git a/spec/figures/fanoutTx.pdf b/spec/figures/fanoutTx.pdf
index 855417a4024..8648b27895d 100644
Binary files a/spec/figures/fanoutTx.pdf and b/spec/figures/fanoutTx.pdf differ
diff --git a/spec/offchain.tex b/spec/offchain.tex
index 0b5a6d39cf5..f6cfc220998 100644
--- a/spec/offchain.tex
+++ b/spec/offchain.tex
@@ -13,20 +13,20 @@ \section{Off-Chain Protocol}\label{sec:offchain}
 	\item On-chain protocol transactions as introduced in
 	      Section~\ref{sec:on-chain}, which are posted to the mainchain and can be
 	      observed by all actors:
-				\begin{itemize}
-					\item $\mathtt{initialTx}$: initiates a head
-					\item $\mathtt{commitTx}$: commits UTxO to an initializing head
-					\item $\mathtt{collectComTx}$: opens a head
-					\red{\item $\mathtt{decrementTx}$: removes UTxO from an open head}
-					\item $\mathtt{closeTx}$: closes a head
-					\item $\mathtt{contestTx}$: contests a closed head
-					% NOTE: fanout not mentioned because not needed in off-chain protocol
-					% description
-				\end{itemize}
+	      \begin{itemize}
+		      \item $\mathtt{initialTx}$: initiates a head
+		      \item $\mathtt{commitTx}$: commits UTxO to an initializing head
+		      \item $\mathtt{collectComTx}$: opens a head
+		      \item $\mathtt{decrementTx}$: removes UTxO from an open head
+		      \item $\mathtt{closeTx}$: closes a head
+		      \item $\mathtt{contestTx}$: contests a closed head
+		            % NOTE: fanout not mentioned because not needed in off-chain protocol
+		            % description
+	      \end{itemize}
 	\item Off-chain network messages sent between protocol actors (parties):
 	      \begin{itemize}
 		      \item $\hpRT$: to request a transaction to be included in the next snapshot
-					\red{\item $\hpRD$: to request exclusion of UTxO via a decommit transaction}
+		      \item $\hpRD$: to request exclusion of UTxO via a decommit transaction
 		      \item $\hpRS$: to request a snapshot to be created \& signed by every head member
 		      \item $\hpAS$: to acknowledge a snapshot by replying with their signatures
 	      \end{itemize}
@@ -108,7 +108,7 @@ \subsection{Variables}
 party's local state consists of the following variables:
 
 \begin{itemize}
-	\item \red{$\hatv$: Last seen open state version.}
+	\item $\hatv$: Last seen open state version.
 	\item $\hats$: Sequence number of latest seen snapshot.
 	\item $\hatSigma \in {(\tyNatural \times \tyBytes)}^{*}$: Accumulator of
 	      signatures of the latest seen snapshot, indexed by parties.
@@ -116,21 +116,20 @@ \subsection{Variables}
 	      applying $\hatmT$ to $\bar{S}.U$ to validate requested transactions.
 	\item $\hatmT \in \mT^{*}$: List of transactions applied locally and pending
 	      inclusion in a snapshot (if this party is the next leader).
-	\item \red{$\tx_{\omega} \in \mathcal{T}^{?}$: Pending decommit transaction, whose outputs are to be decommitted from the head. May be $\bot$ if nothing to decommit.}
-	\item \red{$\bar{\mc S}$: Snapshot object of the latest confirmed snapshot which contains:
-		\begin{center}
-		\begin{tabular}{|l|l|}\hline
-			$\bar{\mc S}.v$       & snapshot version \\ \hline
-			$\bar{\mc S}.s$       & snapshot number \\ \hline
-			$\bar{\mc S}.T$       & set of transactions relating this snapshot to its predecessor \\ \hline
-			$\bar{\mc S}.U$       & snapshotted UTxO set \\ \hline
-			$\bar{\mc S}.\tx_{\omega}$ & optional decommit transaction \\ \hline
-			$\bar{\mc S}.\sigma$ & multisignature \\ \hline
-		\end{tabular}
-		\end{center}
-		The function $\Sno(v,n,T,U,\tx_{\omega})$ initializes a snapshot object with no multi-signature set.
-	 \todo{handwavy; types?}
-	}
+	\item $\tx_{\omega} \in \mathcal{T}^{?}$: Pending decommit transaction, whose outputs are to be decommitted from the head. May be $\bot$ if nothing to decommit.
+	\item $\bar{\mc S}$: Snapshot object of the latest confirmed snapshot which contains:
+	      \begin{center}
+		      \begin{tabular}{|l|l|}\hline
+			      $\bar{\mc S}.v$            & snapshot version                                              \\ \hline
+			      $\bar{\mc S}.s$            & snapshot number                                               \\ \hline
+			      $\bar{\mc S}.T$            & set of transactions relating this snapshot to its predecessor \\ \hline
+			      $\bar{\mc S}.U$            & snapshotted UTxO set                                          \\ \hline
+			      $\bar{\mc S}.\tx_{\omega}$ & optional decommit transaction                                 \\ \hline
+			      $\bar{\mc S}.\sigma$       & multisignature                                                \\ \hline
+		      \end{tabular}
+	      \end{center}
+	      The function $\Sno(v,n,T,U,\tx_{\omega})$ initializes a snapshot object with no multi-signature set.
+	      \todo{add types?}
 \end{itemize}
 
 \subsection{Protocol flow}
@@ -163,10 +162,10 @@ \subsubsection{Initializing the head}
 \dparagraph{$\mathtt{collectComTx}$.}\quad Upon observing the $\mtxCollect$
 transaction, the parties compute $\Uinit \gets \bigcup_{j=1}^{n} C_j$ using previously
 observed $C_j$ and initialize $\hatmL = \Uinit$. The seen transaction set is
-initialized empty $\hatmT = \emptyset$, \red{seen head state version $\hatv = 0$}, as
-well as snapshot number $\hats = 0$. \red{No commit transaction is pending
-$\tx_{\omega} = \bot$ and} the initial snapshot object is defined accordingly
-$\bar{\mc S} \gets \Sno(0, 0, \Uinit, \emptyset, \red{\bot})$.
+initialized empty $\hatmT = \emptyset$, seen head state version $\hatv = 0$, as
+well as snapshot number $\hats = 0$. No commit transaction is pending
+$\tx_{\omega} = \bot$ and the initial snapshot object is defined accordingly
+$\bar{\mc S} \gets \blue{\Sno(0, 0, \Uinit, \emptyset, \bot)}$.
 
 \subsubsection{Processing transactions off-chain}
 
@@ -186,40 +185,40 @@ \subsubsection{Processing transactions off-chain}
 receiving party $\party_{i}$ is the next snapshot
 leader, a message to request snapshot signatures $\hpRS$ is sent. \\
 
-\red{\dparagraph{$\hpRD$.}\quad Upon receiving request $(\hpRD,\tx)$, the
-	transaction is checked against the \emph{local} ledger state. If decommit is
-	not applicable yet, the protocol does $\KwWait$ to retry later and eventually
-	emmits an error message that another decommit is in flight. In case there is
-	no decommit in flight and party is the leader then $\hpRS$ is
-	emmitted containing the decommit transaction $\tx_{\omega}$.} \\
+\dparagraph{$\hpRD$.}\quad Upon receiving request $(\hpRD,\tx)$, the transaction is
+checked against the \emph{local} ledger state. If decommit is not applicable yet
+or another decommit is still pending, the protocol does $\KwWait$ to retry later or
+eventually marks the decommit as invalid. In case there is no snapshot in flight
+and party is the leader then a snapshot request $\hpRS$ is
+sent containing the decommit transaction $\tx_{\omega}$. \\
 
-\red{\dparagraph{$\mathtt{decrementTx}$.}\quad Upon observing the \mtxDecrement{}
-	transaction, which removed outputs $U_{\omega}$ from the head, the corresponding
-	decommit transaction is cleared and the observed version is used for future
-	snapshots by
-	setting $\hatv = v$. This is required as that the version of the open head state is incremented on each \mtxDecrement{} transaction as described in Section~\ref{sec:decrement-tx}} \\
+\dparagraph{$\mathtt{decrementTx}$.}\quad Upon observing the \mtxDecrement{}
+transaction, which removed outputs $U_{\omega}$ from the head, the corresponding
+decommit transaction is cleared and the observed version $v$ is used for future
+snapshots by
+setting $\hatv \gets v$. Note that the version of the open head state is incremented on each \mtxDecrement{} transaction as described in Section~\ref{sec:decrement-tx} \\
 
 \dparagraph{$\hpRS$.}\quad Upon receiving request
-$(\hpRS,\red{v,}s,\mT_{\mathsf{req}}, \red{\tx_{\omega}})$\footnote{Snapshot requests
+$(\hpRS,v,s,\mT_{\mathsf{req}}, \tx_{\omega})$\footnote{Snapshot requests
 	with only transaction identifiers are possible too if all parties keep an
 	index of previously seen transactions and their identifiers.} from party
-$\party_j$, the receiver $\party_i$ checks that \red{$v$ refers to the current
-	open state version}\todo{wait or require?}, $s$ is the next snapshot number
+$\party_j$, the receiving $\party_i$ $\Req$s that $v$ refers to the current
+open state version, $s$ is the next snapshot number
 and that party $\party_j$ is responsible for leading its creation.\todo{define
-	$\hpLdr$} Party $\party_i$ has to $\KwWait$ until the previous snapshot is
-confirmed ($\bar{\mc S}.s = \hats$). \red{If the decommit transaction $\tx_{\omega}$
-	is not $\bot$, the transaction is $\Req$d to be applicable to the last confirmed
-	UTxO set $\bar{\mc S}.U$ and spent outputs must be removed, yielding the still
-	active UTxO set $U_{\mathsf{active}}$. Then, all requested transactions
-	$\mT_{\mathsf{req}}$ are $\Req$d to be applicable to $U_{\mathsf{active}}$,}
+	$\hpLdr$} Party $\party_i$ may has to $\KwWait$ until the previous snapshot is
+confirmed ($\bar{\mc S}.s = \hats$). If the decommit transaction $\tx_{\omega}$
+is not $\bot$, the transaction is $\Req$d to be applicable to the last confirmed
+UTxO set $\bar{\mc S}.U$ and decommitted transaction outputs must be removed, yielding the still
+active UTxO set $U_{\mathsf{active}}$. Then, all requested transactions
+$\mT_{\mathsf{req}}$ are $\Req$d to be applicable to $U_{\mathsf{active}}$,
 otherwise the snapshot is rejected as invalid. Only then, $\party_i$ increments
 their seen-snapshot counter $\hats$, resets the signature accumulator
 $\hatSigma$, and computes the UTxO set of the new local snapshot as
-$U \gets \red{U_{\mathsf{active}}} \applytx \mT_{\mathsf{req}}$. Then, $\party_i$
+$U \gets U_{\mathsf{active}} \applytx \mT_{\mathsf{req}}$. Then, $\party_i$
 creates a signature $\msSig_i$ using their signing key $\hydraSigningKey$ on a
 message comprised by the $\cid$, the new snapshot number $\hats$, the new $\eta$
 resulting from canonically combining $U$ (see Section~\ref{sec:close-tx} for
-details), \red{and $\eta_{\omega}$ derived from commit transaction $\tx_{\omega}$ outputs}.
+details), and $\eta_{\omega}$ derived from decommit transaction $\tx_{\omega}$ outputs.
 The signature is sent to all head members via message $(\hpAS,\hats,\msSig_i)$.
 Finally, the local ledger state $\hatmL$ and pending transaction set $\hatmT$
 get pruned by re-applying all locally pending transactions $\hatmT$ to the just
@@ -232,14 +231,14 @@ \subsubsection{Processing transactions off-chain}
 $\hats = s$ and $\Req$ that the signature is not yet included in $\hatSigma$.
 They store the received signature in the signature accumulator $\hatSigma$, and
 if the signature from each party has been collected, $\party_i$ aggregates the
-multisignature $\msCSig$ and $\Req$ it to be valid \red{(using the same message
-	as in $\hpRS$)}. If everything is fine, the snapshot can be considered
+multisignature $\msCSig$ and $\Req$ it to be valid (constructing the signed message
+as in $\hpRS$). If everything is fine, the snapshot can be considered
 confirmed by creating the snapshot object
-$\bar{\mc S} \gets \Sno(\hatv, \hats, \hatmU, \hatmT \red{, \tx_{\omega}})$ and storing
-the multi-signature $\msCSig$ in it for later reference. \red{In case there is a pending
-	decommit, any participant can now submit a \mtxDecrement{} transaction by
-	providing the just confirmed snapshot with its digests of the active UTxO set
-	$\eta$ and the to be removed UTxO set $\eta_{\omega}$.} Similar to the $\hpRT$, if
+$\bar{\mc S} \gets \Sno(\hatv, \hats, \hatmU, \hatmT , \tx_{\omega})$ and storing
+the multi-signature $\msCSig$ in it for later reference. In case there is a pending
+decommit, any participant\todo{Shouldn't the decommitting party do this?} can now submit a \mtxDecrement{} transaction by
+providing the just confirmed snapshot with its digests of the active UTxO set
+$\eta$ and the to be removed UTxO set $\eta_{\omega}$. Similar to the $\hpRT$, if
 $\party_i$ is the next snapshot leader and there are already transactions to
 snapshot in $\hatmT$, a corresponding $\hpRS$ is distributed.
 
@@ -297,8 +296,7 @@ \subsection{Rollbacks and protocol changes}\label{sec:rollbacks}
 \dparagraph{$\mathtt{rollforward}$.}\quad On every chain event that is paired or
 wrapped in a rollforward event $(\mathtt{rollback},p)$ with point $p$, protocol
 participants store their head state indexed by this point in a history
-$\Omega$ of states
-\todo{add version here also}$\Delta \gets (\hats, \bar{\mc S}.s, \bar{\mc S}.sigma, \hatmU, \barmU, \hatSigma, \hatmL, \hatmT)$ and $\Omega' = (p, \Delta) \cup \Omega$. \\
+$\Omega$ of states $\Delta \gets (\hatv, \hats, \hatmU, \hatSigma, \hatmL, \hatmT, \bar{\mc S})$ and $\Omega' = (p, \Delta) \cup \Omega$. \\
 
 \dparagraph{$\mathtt{rollback}$.}\quad On a rollback
 $(\mathtt{rollback},p_{rb})$ to point $p_{rb}$, the corresponding head state
diff --git a/spec/onchain.tex b/spec/onchain.tex
index 65523f685b9..66c4b43b95c 100644
--- a/spec/onchain.tex
+++ b/spec/onchain.tex
@@ -10,8 +10,8 @@ \section{On-chain Protocol}\label{sec:on-chain}
 life-cycle of a Hydra head, which can be intuitively described as a state
 machine (see Figure~\ref{fig:SM_states_basic}). Each transition in this state
 machine is represented and caused by a corresponding Hydra protocol transaction
-on-chain: $\mtxInit{}$, $\mtxCom{}$, $\mtxAbort{}$, $\mtxCollect{}$, \red{$\mtxDecrement{}$,}
-$\mtxClose{}$, $\mtxContest{}$, and $\mtxFanout{}$.
+on-chain: $\mtxInit{}$, $\mtxCom{}$, $\mtxAbort{}$, $\mtxCollect{}$,
+$\mtxDecrement{}$, $\mtxClose{}$, $\mtxContest{}$, and $\mtxFanout{}$.
 
 % TODO: Could include a combined overview, slightly more detailed than Figure 1
 % of the transaction trace for the full life cycle maybe?
@@ -27,8 +27,8 @@ \section{On-chain Protocol}\label{sec:on-chain}
 	\item $\nuCommit$ controls the collection of committed UTxOs into the head in
 	      $\mtxCollect$ or that funds are reimbursed in an $\mtxAbort{}$.
 	\item $\nuHead$ represents the main protocol state machine logic and ensures
-	      contract continuity throughout $\mtxCollect{}$, \red{$\mtxDecrement{}$,} $\mtxClose{}$,
-	      $\mtxContest{}$ and $\mtxFanout{}$.
+	      contract continuity throughout $\mtxCollect{}$, $\mtxDecrement{}$,
+	      $\mtxClose{}$, $\mtxContest{}$ and $\mtxFanout{}$.
 \end{itemize}
 
 \subsection{Init transaction}\label{sec:init-tx}
@@ -83,7 +83,7 @@ \subsection{Init transaction}\label{sec:init-tx}
 		      \item $\cid'$ is the unique currency id of this instance,
 		      \item $\seed'$ is the output reference parameter of $\muHead$,
 		      \item $\hydraKeys$ are the off-chain multi-signature keys from the setup
-			  phase,
+		      phase,
 		      \item $\cPer$ is the contestation period.
 	      \end{mitemize}
 \end{itemize}
@@ -259,9 +259,9 @@ \subsection{CollectCom Transaction}\label{sec:collect-tx}
 	$\datumHead' \sim \stOpen$, parameters $\cid,\hydraKeys,\cPer$ stay
 	unchanged and the new state is governed again by $\nuHead$
 	\[
-		(\stInitial,\cid,\seed,\hydraKeys,\cPer) \xrightarrow{\stCollect} (\stOpen,\cid,\hydraKeys,\cPer,\red{v,}\eta)
+		(\stInitial,\cid,\seed,\hydraKeys,\cPer) \xrightarrow{\stCollect} (\stOpen,\cid,\hydraKeys,\cPer,v,\eta)
 	\]
-	\red{where snapshot version is initialized as $v = 0$.}
+	where snapshot version is initialized as $v = 0$.
 	\item Commits are collected in $\eta$
 	\[
 		\eta = U^{\#} = \combine([C_{1}, \dots, C_{n}])
@@ -270,8 +270,6 @@ \subsection{CollectCom Transaction}\label{sec:collect-tx}
 	\[
 		\combine(\underline{C}) = \hash(\mathsf{concat}({\sortOn(1, \mathsf{concat}(\underline{C}))}^{\downarrow2}))
 	\]
-	% TODO: mention in off-chain that it is limited what we can fan out, so size
-	% & complexity of U needs to be contained, especially off-chain.
 	That is, given a list of committed UTxO $\underline{C}$, where each element is
 	a list of output references and the serialised representation of what was
 	committed, $\combine$ first concatenates all commits together, sorts this list
@@ -317,7 +315,7 @@ \subsection{CollectCom Transaction}\label{sec:collect-tx}
 		$\stOpen$ head output.}\label{fig:collectComTx}
 \end{figure}
 
-\subsection{\red{Decrement Transaction}}\label{sec:decrement-tx}
+\subsection{Decrement Transaction}\label{sec:decrement-tx}
 
 \noindent The \mtxDecrement{} transaction (Figure~\ref{fig:DecrementTx}) allows
 a party to remove a UTxO from an already open head and consists of:
@@ -332,13 +330,12 @@ \subsection{\red{Decrement Transaction}}\label{sec:decrement-tx}
 \noindent The state-machine validator $\nuHead$ is spent with
 $\redeemerHead = (\mathsf{decrement}, \xi, s, m)$, where $\xi$ is a multi-signature of
 the decrement snapshot which authorizes removal of some UTxO, $s$ is the
-used \todo{Decrement redeemer doesn't contain snapshot number} snapshot number and $m$ is the number of outputs to distribute. The
+used snapshot number and $m$ is the number of outputs to distribute. The
 validator checks:
 \begin{menumerate}
 	\item State is advanced from $\datumHead \sim \stOpen$ to
 	$\datumHead' \sim \stOpen$, parameters $\cid,\hydraKeys,\cPer$ stay
 	unchanged and the new state is governed again by $\nuHead$
-\todo{Open datum should contain snapshot number}
 	\[
 		(\stOpen,\cid,\hydraKeys,\cPer,v,\eta) \xrightarrow[\xi, s, m]{\mathsf{decrement}} (\stOpen,\cid,\hydraKeys,\cPer,v',\eta')
 	\]
@@ -350,7 +347,7 @@ \subsection{\red{Decrement Transaction}}\label{sec:decrement-tx}
 	\[
 		\msVfy(\hydraKeys,(\cid || v || s || \eta' || \eta_{\omega}),\xi) = \true
 	\]
-    where snapshot number $s$ is provided through the redeemer and $\eta_{\omega}$ must be the digest of all removed UTxO
+	where snapshot number $s$ is provided through the redeemer and $\eta_{\omega}$ must be the digest of all removed UTxO
 	\[
 		\eta_{\omega} = U^{\#}_{\omega}  = \hash(\bigoplus_{j=2}^{m+1} \bytes(o_{j}))
 	\]
@@ -390,51 +387,47 @@ \subsection{Close Transaction}\label{sec:close-tx}
 \end{figure}
 
 \noindent The state-machine validator $\nuHead$ is spent with
-$\redeemerHead = (\mathsf{close}, \red{\mathsf{CloseType}})$, where
-\red{$\mathsf{CloseType}$ is a hint against which open state to close} and checks:
+$\redeemerHead = (\mathsf{close}, \mathsf{CloseType})$, where
+$\mathsf{CloseType}$ is a hint against which open state to close and checks:
 \begin{menumerate}
 	\item State is advanced from $\datumHead \sim \stOpen$ to
 	$\datumHead' \sim \stClosed$, parameters $\cid,\hydraKeys,\cPer$
 	stay unchanged and the new state is governed again by $\nuHead$
 	\[
-		(\stOpen,\cid,\hydraKeys,\cPer,\red{v,}\eta) \xrightarrow[\red{\mathsf{CloseType}}]{\stClose} (\stClosed,\cid,\hydraKeys,\cPer,\red{v',s',\eta',\eta_{\Delta}'},\contesters,\Tfinal)
+		(\stOpen,\cid,\hydraKeys,\cPer,v,\eta) \xrightarrow[\mathsf{CloseType}]{\stClose} (\stClosed,\cid,\hydraKeys,\cPer,v',s',\eta',\eta_{\Delta}',\contesters,\Tfinal)
 	\]
 
-	\item \red{Last known open state version is recorded in closed state
+	\item Last known open state version is recorded in closed state
+	\[
+		v' = v
+	\]
+
+	\item Based on the redeemer $\mathsf{CloseType} = \mathsf{Initial} \cup (\mathsf{Current}, \xi) \cup (\mathsf{Outdated}, \xi,  \eta_{\omega})$, where $\xi$ is a multi-signature of the closing snapshot and $\eta_{\omega}$ is a digest of the UTxO to decommit, three cases are distinguished:
+	\begin{menumerate}
+		\item $\mathsf{Initial}$: The initial snapshot is used to close the head and open state was not updated. No signatures are available and it suffices to check
+		\[
+			v = 0
+		\]
+		\[
+			s' = 0
+		\]
 		\[
-			v' = v
+			\eta' = \eta
 		\]
-	}
-
-	\item \red{Based on the redeemer $\mathsf{CloseType} = \mathsf{Initial} \cup (\mathsf{Current}, \xi) \cup (\mathsf{Outdated}, \xi,  \eta_{\omega})$, where $\xi$ is a multi-signature of the closing snapshot and $\eta_{\omega}$ is a digest of the UTxO to decommit, three cases are distinguished:
-		\begin{menumerate}
-			\item $\mathsf{Initial}$: The initial snapshot is used to close the head and open state was not updated. No signatures are available and it suffices to check
-			\[
-				v = 0
-			\]
-			\[
-				s' = 0
-			\]
-			\[
-				\eta' = \eta
-			\]
-			\item $\mathsf{Current}$: Closing snapshot refers to current state version $v$ and any UTxO to decommit need to be present in the closed state too.
-			\[
-				\msVfy(\hydraKeys,(\cid || v || s' || \eta' || \eta_{\Delta}'),\xi) = \true
-			\]
-			which implies $\eta_{\Delta}' = \eta_{\omega}$ while $\eta_{\omega}$ does not need to be provided.
-			% TODO: put more into the redeemer to simplify?
-			\todo{this is hard to understand}
-			\item $\mathsf{Outdated}$: Closing snapshot refers the previous state $v - 1$ and any UTxO to decommit of the closing snapshot must not be recorded in the closed state.
-			\[
-				\eta_{\Delta}' = \bot
-			\]
-			\[
-				\msVfy(\hydraKeys,(\cid || v - 1 || s' || \eta' || \eta_{\omega}),\xi) = \true
-			\]
-			where $\eta_{\omega}$ is provided by the redeemer\footnote{$\eta_{\omega}$ needs to be provided to verify the signature, but is otherwise not relevant for the closed state}.
-		\end{menumerate}
-	}
+		\item $\mathsf{Current}$: Closing snapshot refers to current state version $v$ and any UTxO to decommit need to be present in the closed state too.
+		\[
+			\msVfy(\hydraKeys,(\cid || v || s' || \eta' || \eta_{\Delta}'),\xi) = \true
+		\]
+		which implies $\eta_{\Delta}' = \eta_{\omega}$ while $\eta_{\omega}$ does not need to be provided.
+		\item $\mathsf{Outdated}$: Closing snapshot refers the previous state $v - 1$ and any UTxO to decommit of the closing snapshot must not be recorded in the closed state.
+		\[
+			\eta_{\Delta}' = \bot
+		\]
+		\[
+			\msVfy(\hydraKeys,(\cid || v - 1 || s' || \eta' || \eta_{\omega}),\xi) = \true
+		\]
+		where $\eta_{\omega}$ is provided by the redeemer\footnote{$\eta_{\omega}$ needs to be provided to verify the signature, but is otherwise not relevant for the closed state}.
+	\end{menumerate}
 	% TODO: detailed CDDL definition of msg
 
 	\item Initializes the set of contesters
@@ -486,44 +479,42 @@ \subsection{Contest Transaction}\label{sec:contest-tx}
 \end{figure}
 
 \noindent The state-machine validator $\nuHead$ is spent with
-$\redeemerHead = (\mathsf{contest}, \red{\mathsf{ContestType}})$, where
-\red{$\mathsf{ContestType}$ is a hint how to verify the snapshot} and checks:
+$\redeemerHead = (\mathsf{contest}, \mathsf{ContestType})$, where
+$\mathsf{ContestType}$ is a hint how to verify the snapshot and checks:
 \begin{menumerate}
 	\item State is advanced from $\datumHead \sim \stOpen$ to
 	$\datumHead' \sim \stClosed$, parameters $\cid,\hydraKeys,\cPer$
 	stay unchanged and the new state is governed again by $\nuHead$
 	\[
-		(\stClosed,\cid,\hydraKeys,\cPer,\red{v,s,\eta,\eta_{\Delta}},\contesters,\Tfinal) \xrightarrow[\red{\mathsf{ContestType}}]{\stContest} (\stClosed,\cid,\hydraKeys,\cPer,\red{v',s',\eta',\eta_{\Delta}'},\contesters',\Tfinal')
+		(\stClosed,\cid,\hydraKeys,\cPer,v,s,\eta,\eta_{\Delta},\contesters,\Tfinal) \xrightarrow[\mathsf{ContestType}]{\stContest} (\stClosed,\cid,\hydraKeys,\cPer,v',s',\eta',\eta_{\Delta}',\contesters',\Tfinal')
 	\]
 
-	\item \red{Last known open state version stays recorded in closed state
-		\[
-			v' = v
-		\]
-	}
+	\item Last known open state version stays recorded in closed state
+	\[
+		v' = v
+	\]
 
 	\item Contested snapshot number $s'$ is higher than the currently stored snapshot number $s$
 	\[
 		s' > s
 	\]
 
-	\item \red{Based on the redeemer $\mathsf{ContestType} = (\mathsf{Current}, \xi) \cup (\mathsf{Outdated}, \xi,  \eta_{\omega})$, where $\xi$ is a multi-signature of the contesting snapshot and $\eta_{\omega}$ is a digest of the UTxO to decommit, two cases are distinguished:
-		\begin{menumerate}
-			\item $\mathsf{Current}$: Contesting snapshot refers to the current state version $v$ and any UTxO to decommit need to be present in the closed state too.
-			\[
-				\msVfy(\hydraKeys,(\cid || v || s' || \eta' || \eta_{\Delta}'),\xi) = \true
-			\]
-			which implies $\eta_{\Delta}' = \eta_{\omega}$ while $\eta_{\omega}$ does not need to be provided.
-			\item $\mathsf{Outdated}$: Contesting snapshot refers the previous state version $v - 1$ and any UTxO to decommit must not be recorded in the closed state.
-			\[
-				\eta_{\Delta}' = \bot
-			\]
-			\[
-				\msVfy(\hydraKeys,(\cid || v - 1 || s' || \eta' || \eta_{\omega}),\xi) = \true
-			\]
-			where $\eta_{\omega}$ is provided by the redeemer\footnote{$\eta_{\omega}$ needs to be provided to verify the signature, but is otherwise not relevant for the closed state}.
-		\end{menumerate}
-	}
+	\item Based on the redeemer $\mathsf{ContestType} = (\mathsf{Current}, \xi) \cup (\mathsf{Outdated}, \xi,  \eta_{\omega})$, where $\xi$ is a multi-signature of the contesting snapshot and $\eta_{\omega}$ is a digest of the UTxO to decommit, two cases are distinguished:
+	\begin{menumerate}
+		\item $\mathsf{Current}$: Contesting snapshot refers to the current state version $v$ and any UTxO to decommit need to be present in the closed state too.
+		\[
+			\msVfy(\hydraKeys,(\cid || v || s' || \eta' || \eta_{\Delta}'),\xi) = \true
+		\]
+		which implies $\eta_{\Delta}' = \eta_{\omega}$ while $\eta_{\omega}$ does not need to be provided.
+		\item $\mathsf{Outdated}$: Contesting snapshot refers the previous state version $v - 1$ and any UTxO to decommit must not be recorded in the closed state.
+		\[
+			\eta_{\Delta}' = \bot
+		\]
+		\[
+			\msVfy(\hydraKeys,(\cid || v - 1 || s' || \eta' || \eta_{\omega}),\xi) = \true
+		\]
+		where $\eta_{\omega}$ is provided by the redeemer\footnote{$\eta_{\omega}$ needs to be provided to verify the signature, but is otherwise not relevant for the closed state}.
+	\end{menumerate}
 	% TODO: detailed CDDL definition of msg
 
 	\item The single signer $\{\keyHash\} = \txKeys$ has not already contested and is added to the set of contesters
@@ -565,7 +556,7 @@ \subsection{Fan-Out Transaction}
 distributes UTxOs from the head according to the latest state. It consists of
 \begin{itemize}
 	\item one input spending from $\nuHead$ holding the $\st$, and
-	\item outputs $o_{1} \dots o_{m\red{+n}}$ to distribute UTxOs.
+	\item outputs $o_{1} \dots o_{m+n}$ to distribute UTxOs.
 \end{itemize}
 
 Note that \mtxFanout{} represents a final transition of the state machine and
@@ -579,13 +570,13 @@ \subsection{Fan-Out Transaction}
 \end{figure}
 
 \noindent The state-machine validator $\nuHead$ is spent with
-$\redeemerHead = (\mathsf{fanout}, m\red{, n})$, where $m$ \red{and $n$ are
-	outputs to distribute from the $\stClosed$ state}, and checks:
+$\redeemerHead = (\mathsf{fanout}, m, n)$, where $m$ and $n$ are
+outputs to distribute from the $\stClosed$ state, and checks:
 \begin{menumerate}
 	\item State is advanced from $\datumHead \sim \stClosed$ to terminal state
 	$\stFinal$: % XXX: What does this actually mean?
 	\[
-		(\stClosed,\cid,\hydraKeys,\cPer,\red{v, s,}\eta,\red{\eta_{\Delta}},\contesters,\Tfinal) \xrightarrow[m\red{,n}]{\stFanout} \stFinal
+		(\stClosed,\cid,\hydraKeys,\cPer,v, s,\eta,\eta_{\Delta},\contesters,\Tfinal) \xrightarrow[m,n]{\stFanout} \stFinal
 	\]
 	\item The first $m$ outputs are distributing funds according to $\eta$. That is,
 	the outputs exactly correspond to the UTxO canonically combined $U^{\#}$ (see
@@ -593,13 +584,12 @@ \subsection{Fan-Out Transaction}
 	\[
 		\eta = U^{\#} = \hash(\bigoplus_{j=1}^{m} \bytes(o_{j}))
 	\]
-	\red{\item The following $n$ outputs are distributing funds according to
-		$\eta_{\Delta}$. That is, the outputs exactly correspond to the UTxO canonically
-		combined $U^{\#}_{\Delta}$ (see Section~\ref{sec:collect-tx}):
-		\[
-			\eta_{\Delta} = U^{\#}_{\Delta} = \hash(\bigoplus_{j=m}^{m+n} \bytes(o_{j}))
-		\]
-	}
+	\item The following $n$ outputs are distributing funds according to
+	$\eta_{\Delta}$. That is, the outputs exactly correspond to the UTxO canonically
+	combined $U^{\#}_{\Delta}$ (see Section~\ref{sec:collect-tx}):
+	\[
+		\eta_{\Delta} = U^{\#}_{\Delta} = \hash(\bigoplus_{j=m}^{m+n} \bytes(o_{j}))
+	\]
 	\item Transaction is posted after contestation deadline $\txValidityMin > \Tfinal$.
 	\item All tokens are burnt
 	$|\{\cid \mapsto \cdot \mapsto -1\} \in \txMint| = n + 1$.
diff --git a/spec/overview.tex b/spec/overview.tex
index 3b65d20d5c5..05d70cf4b1a 100644
--- a/spec/overview.tex
+++ b/spec/overview.tex
@@ -80,10 +80,9 @@ \subsection{The Coordinated Head protocol}
 transactions that have been processed into it as the snapshot's multi-signature
 is now evidence that this state once existed during the head evolution.
 
-\red{Besides processing ``normal'' transactions, participants can also request
-  to take some UTxO they can spend out of the Head and make it available on main
-  chain using a \mtxDecrement{} transaction - the whole process is called
-  decommit.}
+Besides processing normal transactions, participants can also request to take
+UTxO they can spend out of the Head and make it available on the main chain
+using a \mtxDecrement{} transaction --- the whole process is called decommit.
 
 \subsection{Closing the head}
 
@@ -117,7 +116,7 @@ \subsection{Differences}
 	\item No hanging transactions due to `coordination'.
 	\item No acknowledgement nor confirmation of transactions.
 	\item No confirmation message for snapshots (two-round local confirmation).
-    \red{\item Allow for incremental decommits while head is open.}
+  \item Allow for incremental decommits while head is open.
 \end{itemize}
 
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