Also interesting to consider that we can assume the logic has been determined and agreed OUT OF BAND (in a call, in loomio, in messages, etc) BEFORE setting about STARTING the multisig invokation...

What I mean by this is that when a person sits down to setup the wallet they will know

• how many participants
• how many signatories needed (quorum)
• the name (maybe?, perhaps the first to the intiation stage calls shotgun and has naming rights)
• sharding backup defaults / if they will do this differently...