Can different co-signers have different privileges?
One of the key benefits of Multisig is that all co-signers have the same privileges. In the event that the account holder loses their private key, the other co-signers can still access the funds, thus eliminating any privileges differences. In addition to equal privileges among co-signers, each co-signer has their own recovery phrase and password. This allows each co-signer to perform sensitive operations, such as recovering the wallet in case of loss or theft, with added security. This ensures that even if one co-signer's information is compromised, the funds will still be safe.
- What happens if one of the co-signers loses access or is compromised?
- Who is required to sign a transaction?
- Where can I see who signed and co-signed a transaction?
- I can’t invite a co-signer