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receipts [decide]: locked-mode escrow — contract audit, target networks, money-transmitter counsel (RC-E4.0) #388

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@bordumb

Locked mode (an on-chain escrow contract E with exactly three spend paths, fixed destinations, no admin, no upgrade) is the single biggest departure from the auths ethos and does NOT ship until:

  • a contract audit is budgeted;
  • target network(s) are chosen;
  • counsel reviews the money-transmitter posture of operating arbiter keys and the pinning service.

Reserved mode (shipped on dev-receipts) raises none of these; escrow_open refuses mode: locked fail-closed. Preferred outcome per the plan: reserved-mode reputational binding proves sufficient for real deal sizes and E is never built.

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