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What is the federation setup ceremony?

Guardians of a prospective federation have to run a "setup ceremony" to generate their keys and start the Fedimint consensus. This ceremony is a one-time process that is required to start the federation and is the only time that the guardians will need to be online at the same time.

Before the ceremony can take place, the first step is for each guardian to provision their Fedimint Guardian server. Next, one guardian will follow the Leader Setup Guide, and the others will go through the Follower Setup Guide. It does not matter who assumes which role as the roles are only relevant for the duration of the setup ceremony.

Once the setup ceremony is complete, guardians can simply leave their respective servers running with no further intervention required outside of monitoring that the server is on and connected to the internet.

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