What is a Squads Multisig?
A Squads Multisig is a multi-signature wallet that allows you to control your Coordinator node with multiple signatures. It is a secure and reliable way to manage your Coordinator node, including:- Your Coordinator Solana wallet can’t be hacked if one of your computers is compromised
- You won’t lose access to your Coordinator node if you lose your private key
- You can add multiple people to the Squads Multisig, so you can share the responsibility of managing your Coordinator node
- Processes can propose transactions, like running checkpoints, which you can approve or reject in the Squads multisig
Setup Process
Step 1: Create a Squads Multisig
Create a Squads Multisig wallet for your organization.Step 2: Register Your Coordinator Account
Register your Coordinator account using the Squads Multisig:Step 3: Approve and Execute the Transaction
Once you have finished the setup, you can run any Crunch CLI command using the Squads Multisig by adding the-m or --multisig flag.
For convenience you can also store this setup in one of our profiles by running:
-m flag, staging a transaction in the multisig for approval.