Can different co-signers have different privileges?

One of the key benefits of Multisig Accounts 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.

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