Open-source Bitcoin multisig coordinator: shared signing queue, hardware wallets, live signet demo

The recent open-sourcing of a project has raised pertinent user inquiries regarding the robustness and reliability of the wallet system. Specifically, there are concerns about the feasibility of co-signers recovering and spending funds independently with their hardware wallets should the coordinator server become unavailable or cease maintenance. Additionally, questions have been posed about the application's initial setup process, particularly whether it prompts users to save a backup of their wallet configuration.

Addressing these concerns is crucial as they relate directly to the security and user confidence in the continuity of access to their assets, irrespective of the operational status of central coordinating servers. Ensuring that users understand the importance of backups at the initial setup stage not only secures the user's assets but also enhances the resilience of the system against potential server downtimes. Such features underline the application’s commitment to providing a reliable and user-centric service.