diff --git a/Makefile b/Makefile
index 9c2fa97cdd..785f2e62b4 100644
--- a/Makefile
+++ b/Makefile
@@ -454,6 +454,10 @@ proto-check-breaking:
 localnet-build:
 	@$(MAKE) -C networks/local
 
+# Generate 4 nodes config
+localnet-config:
+	@bash ./init-multi-nodes.sh
+
 # Start a 4-node testnet locally
 localnet-start: localnet-stop
 ifeq ($(OS),Windows_NT)
diff --git a/init-multi-nodes.sh b/init-multi-nodes.sh
new file mode 100644
index 0000000000..97ad95091e
--- /dev/null
+++ b/init-multi-nodes.sh
@@ -0,0 +1,144 @@
+#!/bin/bash
+HOME_DIR="$HOME/.ethermint"
+KEY="mykey"
+CHAINID="bsqhub_1113-1"
+MONIKER="localtestnet"
+KEYRING="test"
+KEYALGO="eth_secp256k1"
+LOGLEVEL="info"
+# trace evm
+TRACE="--trace"
+# TRACE=""
+NODES=(
+    "$HOME_DIR/node0/ethermintd/config"
+    "$HOME_DIR/node1/ethermintd/config"
+    "$HOME_DIR/node2/ethermintd/config"
+    "$HOME_DIR/node3/ethermintd/config"
+)
+NODE=$HOME_DIR/node
+
+KEYS=(
+    "node0"
+    "node1"
+    "node2"
+    "node3"
+)
+
+# validate dependencies are installed
+command -v jq > /dev/null 2>&1 || { echo >&2 "jq not installed. More info: https://stedolan.github.io/jq/download/"; exit 1; }
+
+# remove existing daemon and client
+rm -rf ~/.ethermint*
+
+make install
+
+ethermintd config keyring-backend $KEYRING
+ethermintd config chain-id $CHAINID
+
+# if $KEY exists it should be deleted
+# ethermintd keys add $KEY --keyring-backend $KEYRING --algo $KEYALGO
+
+# Generate 4 nodes config
+ethermintd testnet init-files --v 4 --chain-id $CHAINID --node-dir-prefix node --keyring-backend $KEYRING  --output-dir $HOME_DIR
+
+# Copy each node's config to the temp directory
+echo ">>> Copying each node's config to the temp directory"
+mkdir -p $NODE/config $NODE/keyring-test
+cp $HOME_DIR/node0/ethermintd/config/genesis.json $NODE/config/genesis.json
+for i in {0..3}; do
+    echo "Copying node$i's config to the temp directory"
+    cp $HOME_DIR/node$i/ethermintd/keyring-test/node$i.info $NODE/keyring-test/node$i.info
+done
+
+# Change parameter token denominations to bsq
+echo ">>> Change parameter token denominations to bsq"
+jq '.app_state["staking"]["params"]["bond_denom"]="bsq"' $NODE/config/genesis.json > $NODE/config/tmp_genesis.json && mv $NODE/config/tmp_genesis.json $NODE/config/genesis.json
+jq '.app_state["crisis"]["constant_fee"]["denom"]="bsq"' $NODE/config/genesis.json > $NODE/config/tmp_genesis.json && mv $NODE/config/tmp_genesis.json $NODE/config/genesis.json
+jq '.app_state["gov"]["deposit_params"]["min_deposit"][0]["denom"]="bsq"' $NODE/config/genesis.json > $NODE/config/tmp_genesis.json && mv $NODE/config/tmp_genesis.json $NODE/config/genesis.json
+jq '.app_state["mint"]["params"]["mint_denom"]="bsq"' $NODE/config/genesis.json > $NODE/config/tmp_genesis.json && mv $NODE/config/tmp_genesis.json $NODE/config/genesis.json
+
+# Set gas limit in genesis
+echo "Set gas limit in genesis"
+jq '.consensus_params["block"]["max_gas"]="20000000"' $NODE/config/genesis.json > $NODE/config/tmp_genesis.json && mv $NODE/config/tmp_genesis.json $NODE/config/genesis.json
+
+# Remove existing genesis accounts
+echo ">>> Remove existing genesis accounts"
+jq '.app_state["auth"]["accounts"]=[]' $NODE/config/genesis.json > $NODE/config/tmp_genesis.json && mv $NODE/config/tmp_genesis.json $NODE/config/genesis.json
+
+# Remove existing genesis balanaces
+echo "Remove existing genesis balanaces"
+jq '.app_state["bank"]["balances"]=[]' $NODE/config/genesis.json > $NODE/config/tmp_genesis.json && mv $NODE/config/tmp_genesis.json $NODE/config/genesis.json
+
+# Allocate genesis accounts (cosmos formatted addresses)
+echo ">>> Allocate genesis accounts"
+for i in {0..3}; do
+    echo "Allocate genesis accounts for ${KEYS[i]}"
+    ethermintd add-genesis-account ${KEYS[i]} 100000000000000000000000000bsq --keyring-backend $KEYRING --home $NODE
+done
+
+# Remove existing genesis gentxs
+echo "Remove existing genesis gentxs"
+jq '.app_state["genutil"]["gen_txs"]=[]' $NODE/config/genesis.json > $NODE/config/tmp_genesis.json && mv $NODE/config/tmp_genesis.json $NODE/config/genesis.json
+
+# Sign genesis transaction
+echo ">>> Sign genesis transaction"
+for i in {0..3}; do
+  echo "Sign genesis transaction for ${KEYS[i]}"
+  ethermintd gentx ${KEYS[i]} 1000000000000000000000bsq --moniker node$i  --keyring-backend $KEYRING --chain-id $CHAINID --home $NODE
+  mv $NODE/config/node_key.json $NODE/config/node$i_key.json
+  mv $NODE/config/priv_validator_key.json $NODE/config/priv_validator$i_key.json
+done
+
+# Collect genesis tx
+echo ">>> Collect genesis tx"
+ethermintd collect-gentxs --home $NODE
+
+# Run this to ensure everything worked and that the genesis file is setup correctly
+ethermintd validate-genesis --home $NODE
+
+# disable produce empty block and enable prometheus metrics
+if [[ "$OSTYPE" == "darwin"* ]]; then
+    sed -i '' 's/create_empty_blocks = true/create_empty_blocks = false/g' $NODE/config/config.toml
+    sed -i '' 's/prometheus = false/prometheus = true/' $NODE/config/config.toml
+    sed -i '' 's/prometheus-retention-time = 0/prometheus-retention-time  = 1000000000000/g' $NODE/config/app.toml
+    sed -i '' 's/enabled = false/enabled = true/g' $NODE/config/app.toml
+else
+    sed -i 's/create_empty_blocks = true/create_empty_blocks = false/g' $NODE/config/config.toml
+    sed -i 's/prometheus = false/prometheus = true/' $NODE/config/config.toml
+    sed -i 's/prometheus-retention-time  = "0"/prometheus-retention-time  = "1000000000000"/g' $NODE/config/app.toml
+    sed -i 's/enabled = false/enabled = true/g' $NODE/config/app.toml
+fi
+
+if [[ $1 == "pending" ]]; then
+    echo "pending mode is on, please wait for the first block committed."
+    if [[ "$OSTYPE" == "darwin"* ]]; then
+        sed -i '' 's/create_empty_blocks_interval = "0s"/create_empty_blocks_interval = "30s"/g' $NODE/config/config.toml
+        sed -i '' 's/timeout_propose = "3s"/timeout_propose = "30s"/g' $NODE/config/config.toml
+        sed -i '' 's/timeout_propose_delta = "500ms"/timeout_propose_delta = "5s"/g' $NODE/config/config.toml
+        sed -i '' 's/timeout_prevote = "1s"/timeout_prevote = "10s"/g' $NODE/config/config.toml
+        sed -i '' 's/timeout_prevote_delta = "500ms"/timeout_prevote_delta = "5s"/g' $NODE/config/config.toml
+        sed -i '' 's/timeout_precommit = "1s"/timeout_precommit = "10s"/g' $NODE/config/config.toml
+        sed -i '' 's/timeout_precommit_delta = "500ms"/timeout_precommit_delta = "5s"/g' $NODE/config/config.toml
+        sed -i '' 's/timeout_commit = "5s"/timeout_commit = "150s"/g' $NODE/config/config.toml
+        sed -i '' 's/timeout_broadcast_tx_commit = "10s"/timeout_broadcast_tx_commit = "150s"/g' $NODE/config/config.toml
+    else
+        sed -i 's/create_empty_blocks_interval = "0s"/create_empty_blocks_interval = "30s"/g' $NODE/config/config.toml
+        sed -i 's/timeout_propose = "3s"/timeout_propose = "30s"/g' $NODE/config/config.toml
+        sed -i 's/timeout_propose_delta = "500ms"/timeout_propose_delta = "5s"/g' $NODE/config/config.toml
+        sed -i 's/timeout_prevote = "1s"/timeout_prevote = "10s"/g' $NODE/config/config.toml
+        sed -i 's/timeout_prevote_delta = "500ms"/timeout_prevote_delta = "5s"/g' $NODE/config/config.toml
+        sed -i 's/timeout_precommit = "1s"/timeout_precommit = "10s"/g' $NODE/config/config.toml
+        sed -i 's/timeout_precommit_delta = "500ms"/timeout_precommit_delta = "5s"/g' $NODE/config/config.toml
+        sed -i 's/timeout_commit = "5s"/timeout_commit = "150s"/g' $NODE/config/config.toml
+        sed -i 's/timeout_broadcast_tx_commit = "10s"/timeout_broadcast_tx_commit = "150s"/g' $NODE/config/config.toml
+    fi
+fi
+
+# Copy the config files to the nodes' directories
+echo ">>> Copy the config files to the nodes' directories"
+for i in {0..3}; do
+    echo "Copying node$i's config to the temp directory"
+    cp $NODE/config/genesis.json $HOME_DIR/node$i/ethermintd/config/genesis.json
+    cp $NODE/config/node$i_key.json $HOME_DIR/node$i/ethermintd/config/node_key.json
+    cp $NODE/config/priv_validator$i_key.json $HOME_DIR/node$i/ethermintd/config/priv_validator_key.json
+done
\ No newline at end of file