Multi signature solana wallet

wanjo

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Hello! So I was thinking about launching a crypto meme coin soon, and was therefore wondering how to make a multisignature wallet and how do they work? Its essentially just that two different wallets have to sign transactions for the wallet to withdraw etc? Where do i create this wallet, and how would the process be at the other wallets? Will the phantom transaction just appear out of nowhere for the linked "validator-wallets"? And where would I make such wallet for solana?
 
You can use solflare + squads.

Yout first create a wallet on solflare (tbh any soft for wallet will work).

Next you register on squads. Ask to create a squads account to 1+ of your colleagues (or create as many squads accounts as you need).

Next create a squad on your main squads website accounts. During creation add your own wallet plus 1+ more wallets and select how many approvals are necessary.

Now from the main squads website accounts make a new transaction. When you send a few coins to someone, this transaction needs to be confirmed by your colleagues, by them going on their own squads website accounts and approving the transaction.

If those other accounts don't approve the transaction, transaction won't go through.
 
If you don't even know how to register with a multi-sig provider, you might as well forget about memecoin. You need a feel for current Twitter crypto memes and connections to big Twitter accounts to promote your coin. It looks sooooo easy from the outside, but it isn't.
 
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