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Reddit bitcoin electrum

Reddit electrum Bitcoin has been praised and criticized. Critics noted its use in. Bitcoin is money, but to buy Bitcoins, you need to send money to someone else. The more modern the financial system of your country is, The better the commercial enterprise system you live American state, the easier it is to exchange your money inward Bitcoins. - Reddit Just installed Electrum and then scan it to Electrum Wallet in Tails an inexperienced user trying Iphone so I guess not not install any How to create an guess I get a Bitcoins sent from Electrum user trying to receive My first experience with Electrum wallet: Bitcoin exe Best way BTC using Electrum and bought a little to your. Nov 21,  · always download electrum from its official website "ute-strohner.de" which is mentioned in the subreddit's sidebar - do not download electrum from any other website that claims it provides "fixed", "updated", or "clean working" versions. 3 comments.

Reddit bitcoin electrum

Frequently Asked Questions – Bitcoin Electrum

Blocks are added to the chain on average every 10 minutes. To receive money to your wallet you can go to the receive tab and grab a bitcoin address from there. If you like you can fill in the description and amount fields.

The description that you fill in here will show up on the history tab when someone sends money to that particular address. Click on save to save the record in your wallet file. Both the amount and description fields are for your reference only.

The receive tab can be used to get bitcoin addresses that you communicate to the sender so that they can send you bitcoin. For that look at the history tab.

If bitcoins were sent to you they would show up there. All bitcoin transactions are public so it is a good idea to use a different bitcoin address for every transaction so that it becomes harder for someone to track your activities. OTOH it becomes easier for you to track who sent you how much when you give each sender a different bitcoin address.

Because of the above reasons Electrum hands out different receiving addresses each time you go to the receive tab and request an address. Your old addresses can still be used to send you money. They never stop working and your electrum wallet keeps track of all your addresses. Your old receiving addresses can still be used to send you money. Note you can always send money to anyone using your bech32 wallet. The solution to this problem is to create a new Electrum wallet making sure to select legacy instead of segwit in step 4.

If you are an advanced user you may wish to create a p2sh segwit wallet instead which has wide compatibility and lower transaction fees than p2pkh wallets standard electrum wallets with addresses beginning with 1. A red background means that address has already been used i. Note that you may have inadvertently cycled to a past receive request. Do use the list at the bottom of that tab to select the correct request.

When sending someone money with your Electrum wallet transaction fees are deducted from your wallet balance. The recipient gets the exact amount you enter in the amount field on the send tab. For more information see the screenshot in the next question here.

Then on the send tab you should see the total amount of fees you are going to pay as well as the arithmetic Electrum did to arrive at that amount:. If you pause your mouse cursor over the fee slider you should see an informative tooltip. The further to the right you move the fee slider the higher the fee you pay and the faster the transaction is likely to confirm.

You can also set a fee rate manually by editing the value in the fee rate or total fee fields. More information about transaction fees is given here. You can find out what your wallet type is by looking at the Electrum window title.

Does it say 2fa or 2 factor authentication there? If yes then the fees are for the services of the co-signing company Trusted Coin. Trusted Coin co-signs your transactions if you provide it with the correct google authorization code from your mobile phone when spending your bitcoins. This is an additional layer of security for your wallet and that is what you are paying for.

Receiving bitcoin is always free. Start by creating a new standard wallet and then grab a receiving address from that wallet and send all your coins to it using your 2fa wallet. This means you are trying to send very small amounts of bitcoin i. So please change the unit of account in electrum to btc and try again.

Then try to send money again keeping in mind that you are now dealing with bitcoin and not millibitcoin. In most cases Electrum will pick up your wallet file and automatically upgrade it without you having to do anything. What is the difference between legacy p2pkh , native segwit p2wpkh or p2wsh and p2sh segwit p2wpkh-p2sh? These are also called bech32 addresses after the encoding scheme used. The difference between p2wpkh and p2wsh is that p2wpkh is your regular single signature address while p2wsh is used for multisignature and smart contract scripts.

Native segwit costs the least in transaction fees. To create a native segwit wallet in electrum just choose segwit in step 4 of the guide. Note that compatibility is only a problem when receiving bitcoin. You can send to any and all addresses, websites and wallets using any of the wallet types above. How do I update Electrum when my Linux distro does not have the required Python 3.

Use the appimage instead. It comes with python 3. I updated Electrum when prompted to do so and now all my bitcoins are gone! Note there is no Electrum version 4. Most likely you fell victim to the phishing vulnerability. There is nothing that can be done to retrieve your money. Sorry for your loss. Why won't Electrum accept my seed when I attempt to restore my wallet from it?

Here are some things you can try to solve this issue:. Does your seed mnemonic have the right number of words? Missing words are one possible reason that Electrum will not accept your seed. However, note that the above are typical seed lengths.

It is possible to get shorter or longer seeds depending on how the seed was generated. The order and spelling of the words in your seed matters. While only you know the order of the words when it comes to the spelling you can refer to the Electrum dictionary. The dictionary for pre Make sure that all the words in your seed are present in the dictionary and spelled correctly.

Was your seed created using other wallet software? If yes then it is most likely a BIP39 seed. On the seed entry screen click on options and check bip Unfortunately due to the way virus scanners work and the way Electrum is packaged on windows it is often incorrectly flagged as a virus. As long as you verified the download file you can ignore the antivirus and install electrum. If you scroll down to the bottom of the download page you can see an official statement on the matter.

You have completed the process of restoring your wallet from seed but you find that the wallet that has been created is different from the one that you expected.

There are two possibilities:. Replace 50 with the gap limit you used before. Restart Electrum for the change to take effect. It is really a different wallet: Make sure you are using mainnet Electrum. To use Electrum on mainnet, i. You may have to restore your wallet from seed again. Did you extend the seed with custom words? During the seed entry step of the wallet restoration process you have an options button next to the seed field.

If you click on that you get the option to extend the seed with custom words. Was the seed originally generated in a different wallet software i. If the seed is from a different wallet software you need to pay attention to the notes in step 4 and 5 here when restoring the wallet.

Was the seed generated in pre 2. The problem with these legacy seeds is that they have no checksum in them. So the onus is on you to make sure you get the order of the words correct. A different order will lead to a different wallet. This bug affected versions prior to 3.

If you created or opened more than one wallet during a single session and the storage device your wallet was stored on was malfunctioning your wallet may have been corrupted. It seems to have disproportionately affected people using portable Electrum off a usb drive. The seed you have is for a different wallet.

Search for the seed for the wallet you want to restore. Back to the top. Usually transactions confirmation within an hour. First of all you have to be using the latest version of Electrum. Download and install the latest version of Electrum like you did the last time to upgrade.

Then you can try any one of these steps to get your transaction confirmed:. To prevent this sort of thing from happening in future please enable dynamic fees and replace by fee RBF in Electrum. Dynamic fees means that Electrum automatically sets a suitable fee based on market conditions. RBF marks a transaction as replaceable so that if it gets stuck due to low fees you can create a higher fee replacement transaction in Electrum.

The increase fee option mentioned earlier is what does that. Then use the fee slider on the send tab to set a fee when sending bitcoin. The further to the right you move the slider the faster your transaction will confirm and the higher the fee you will pay. Pausing your mouse cursor on the fee slider will display a tooltip with useful information about the fee. Electrum is stuck at synchronizing or will not connect.

What can I do to fix this? If either of these is what you are seeing then try these steps:. To enable debug logging see this question. You can grab the log files from your data dir which is here. Community forums are given here. You can ask for help on the forum , reddit or electrum IRC channel on freenode. Are you talking about importing private keys? There was a change in the user interface with Electrum 3.

So make sure you follow the guide above which works with the latest version of electrum. My private key is 52 digits long, generated via bitaddress. I have the latest version and totally tries to follow those steps, but my problem is, instead of Electrum letting me write down my private key in the window where I should write it, it only lets me write down my Public key. One or more characters in your private key are incorrect.

WIF has a checksum to detect typos and character omissions. Your private key must not be passing the checksum test.

Since you are familiar with bitaddress I suggest running that site offline and pasting in your private key on the wallet details tab of it. If there is a problem with the private key bitaddress should point it out to you too.

I was happily using Electrum 2. I upgraded to 3. Instead, a new empty wallet was created. The server that is automatically selected is kirsche. I suggest you create a thread on one of the community forums because this comments area is not good for a back and forth conversation which is required to diagnose your problem. See here for links to community forums:.

Your website have helped me few times. Thanks but I do this to give back to the community. If you like you can donate to an electrum server. Wat is goin on. Can you use the 2FA feature with your Electrum wallet but use the desktop version of the Electrum wallet,. I am lost! I have followed the steps but my wallet still shows no balance.

Anyone was able to recover their BTC? I bought bitcoins in january I have put them in Electrum wallet wich I recall seeing the bitcoin in that wallet.

I changed the computer since then and reinstall Electrum. I have my seed phrase 12 words , my old password and I still know the deposit address used for get the btc wich I know they are unspent still in the wallet. No balance. Hi, I used my other software wallet on a different device to transfer funds to my electrum wallet using the QR code from the section under the receive tab.

The original wallet says that the transaction was confirmed on the blockchain and so I checked my electrum wallet and no funds have appeared even after a week. Nothing under the history tab indicates that a transaction has occurred or any funds were received to my electrum wallet. I reached out to the tech support of the previous wallet and they told me that everything indicates that the funds were sent and I have had no problems with this other wallet before. This is quite bizarre.

Could anybody provide some suggestions on what to do to determine what happened on the Electrum end of things? Hello i have bitcoin on electrum from circa but i dont know how to access them from where they are because i have mispaced them is there any way of accessing them from electrum program from that missing location or what should i do i was only a teenager then and not thinking about how to store them also can you sign into electrum website online cache wallet thats where i thin i saved them with the black background and the logo with writing.

Your email address will not be published. How can I tell what my wallet type is and what my wallet file name is? How does a 2fa wallet work? What do the transaction status messages on the history tab mean? What do transaction confirmations mean?

Receiving bitcoin Where is my bitcoin address? Why does it say "pending" next to my transaction? What can I do if I haven't received bitcoins sent to me? Why does Electrum give me a different address everytime? Will my old address no longer work? How can I tell if an address belongs to my wallet? Why am I being told my address is an invalid bitcoin address? What does a red background on the address field on the receive tab mean? Sending Bitcoin Are fees deducted from the amount I send or from my wallet balance?

How can I find out how much I will pay in fees when sending bitcoin? Why did my wallet send money to an unknown address without my permission? Why am I getting the error message "Not enough funds"? Why am I getting the error message "dust outputs"?

Install or update What steps should I take to secure my coins before updating Electrum? My seed is not restoring my wallet! What can I do? Why is my anti-virus scanner flagging the electrum download? Why does restoring my wallet from seed lead to a different wallet? Troubleshooting My bitcoin transaction is not confirming.

What can I do if Electrum won't start? Why is the Electrum menu bar missing on Ubuntu? My question is not answered here. Where can I get help? How do I open a different wallet? The wallet file is located here. Back to the top How can I tell what my wallet type is and what my wallet file name is?

So make sure you follow the guide above which works with the latest version of electrum. My private key is 52 digits long, generated via bitaddress. I have the latest version and totally tries to follow those steps, but my problem is, instead of Electrum letting me write down my private key in the window where I should write it, it only lets me write down my Public key. One or more characters in your private key are incorrect. WIF has a checksum to detect typos and character omissions.

Your private key must not be passing the checksum test. Since you are familiar with bitaddress I suggest running that site offline and pasting in your private key on the wallet details tab of it. If there is a problem with the private key bitaddress should point it out to you too.

I was happily using Electrum 2. I upgraded to 3. Instead, a new empty wallet was created. The server that is automatically selected is kirsche. I suggest you create a thread on one of the community forums because this comments area is not good for a back and forth conversation which is required to diagnose your problem.

See here for links to community forums:. Your website have helped me few times. Thanks but I do this to give back to the community. If you like you can donate to an electrum server. Wat is goin on. Can you use the 2FA feature with your Electrum wallet but use the desktop version of the Electrum wallet,.

I am lost! I have followed the steps but my wallet still shows no balance. Anyone was able to recover their BTC? I bought bitcoins in january I have put them in Electrum wallet wich I recall seeing the bitcoin in that wallet. I changed the computer since then and reinstall Electrum. I have my seed phrase 12 words , my old password and I still know the deposit address used for get the btc wich I know they are unspent still in the wallet. No balance. Hi, I used my other software wallet on a different device to transfer funds to my electrum wallet using the QR code from the section under the receive tab.

The original wallet says that the transaction was confirmed on the blockchain and so I checked my electrum wallet and no funds have appeared even after a week. Nothing under the history tab indicates that a transaction has occurred or any funds were received to my electrum wallet. I reached out to the tech support of the previous wallet and they told me that everything indicates that the funds were sent and I have had no problems with this other wallet before.

This is quite bizarre. Could anybody provide some suggestions on what to do to determine what happened on the Electrum end of things? Hello i have bitcoin on electrum from circa but i dont know how to access them from where they are because i have mispaced them is there any way of accessing them from electrum program from that missing location or what should i do i was only a teenager then and not thinking about how to store them also can you sign into electrum website online cache wallet thats where i thin i saved them with the black background and the logo with writing.

Your email address will not be published. How can I tell what my wallet type is and what my wallet file name is? How does a 2fa wallet work? What do the transaction status messages on the history tab mean? What do transaction confirmations mean? Receiving bitcoin Where is my bitcoin address? Why does it say "pending" next to my transaction? What can I do if I haven't received bitcoins sent to me? Why does Electrum give me a different address everytime?

Will my old address no longer work? How can I tell if an address belongs to my wallet? Why am I being told my address is an invalid bitcoin address? What does a red background on the address field on the receive tab mean? Sending Bitcoin Are fees deducted from the amount I send or from my wallet balance? How can I find out how much I will pay in fees when sending bitcoin? Why did my wallet send money to an unknown address without my permission? Why am I getting the error message "Not enough funds"?

Why am I getting the error message "dust outputs"? Install or update What steps should I take to secure my coins before updating Electrum? My seed is not restoring my wallet! What can I do? Why is my anti-virus scanner flagging the electrum download? Why does restoring my wallet from seed lead to a different wallet? Troubleshooting My bitcoin transaction is not confirming.

What can I do if Electrum won't start? Why is the Electrum menu bar missing on Ubuntu? My question is not answered here. Where can I get help? How do I open a different wallet? The wallet file is located here. Back to the top How can I tell what my wallet type is and what my wallet file name is? The Electrum window title should list the wallet type and filename. Back to the top How does a 2fa wallet work? Back to the top What do the transaction status messages on the history tab mean?

Here is what they mean: Unconfirmed Transactions These are transactions that have yet to be incorporated by miners in the blockchain. If you wish to broadcast this transaction right click on it and choose details.

Then click on broadcast. Unconfirmed: An unconfirmed transaction that is neither local nor has an unconfirmed parent transaction. If this is an outgoing transaction you can bump the fee using the increase fee option if you like. Fee in satoshis per byte. Learn more about transaction fees here. These transactions will be incorporated into blocks before your transaction is. Confirmed Transactions Transactions that have been incorporated in the blockchain have these graphics next to their entry on the history tab: A clock icon means the transaction has confirmed but not enough times to be considered irreversible.

For low value transactions you can deliver the goods or services now. For larger transactions you may wish to wait for a green tick. A green tick mark next to the transaction means it has confirmed sufficient number of times and is now irreversible. Transactions with uncertain status Not verified means that Electrum is not sure whether this transaction is valid. Switch servers or restart Electrum to get a more definite status.

Thanks to SomberNight for help with this question. Back to the top What do transaction confirmations mean? Back to the top Receiving bitcoin Where is my bitcoin address? Back to the top Why does it say "pending" next to my transaction? Back to the top What can I do if I haven't received bitcoins sent to me?

There are a few possibilities: Make sure your wallet is synced with the network. It should display a balance in the bottom left corner and a green or blue orb in the bottom right. If the wallet is synced then look at the history tab to see what transactions were sent to your wallet. The receive tab is not the authoritative source for this. They usually do withdrawals in batches. Check your account at the exchange or other website to make sure the coins were actually sent.

If the sender insists that they sent you the coins ask for a transaction ID, which is a long hexadecimal number, and seek help on a community forum. Back to the top Why does Electrum give me a different address everytime? Back to the top Will my old address no longer work? Back to the top How can I tell if an address belongs to my wallet? Back to the top Why am I being told my address is an invalid bitcoin address? Back to the top What does a red background on the address field on the receive tab mean?

Back to the top Sending Bitcoin Are fees deducted from the amount I send or from my wallet balance? Back to the top How can I find out how much I will pay in fees when sending bitcoin? Then on the send tab you should see the total amount of fees you are going to pay as well as the arithmetic Electrum did to arrive at that amount: If you pause your mouse cursor over the fee slider you should see an informative tooltip.

Back to the top Why did my wallet send money to an unknown address without my permission? There are 3 possibilities: Change : The way bitcoin works unspent outputs have to be spent in their entirety. Excess amounts are sent back to a change address in your wallet. To confirm that this is the case right click on the transaction in question on the history tab and choose details.

See if the unknown output in question is highlighted in green or yellow. Yellow refers to change addresses while green means receive address.

Both change and receiving addresses are a part of your wallet meaning these coins were sent back to your wallet. You control this money and it is yours.

Bitcoin transactions are irreversible so there is nothing that can be done if your coins are stolen by malware. Back to the top Why am I getting the error message "Not enough funds"? There are two types of transaction fees — miner fees and 2fa fees: Miner Fees : Generally when people speak of transaction fees they mean miner fees that go to the bitcoin miner that mines the block containing your transaction.

Miner fees apply to all wallet types. To view miner fees in Electrum see the article here. You can learn more about these fees by clicking on the little blue shield icon in the bottom right of the main electrum window.

Note that the fees are prepayment for a batch of outgoing transactions. Follow on-screen instructions for the rest. To avoid 2fa fees be sure to choose to disable 2fa protection when asked. Confusion over unit of account : New units like mbtc, bits and so on lead to confusion about how much money you really have in your account and how much you can afford to spend.

I strongly recommend switching to BTC as your base unit to avoid misunderstandings like these in future. Unconfirmed vs. In the case of bitcoin mining rewards you may have to wait until confirmations.

You can find out the number of confirmations by right clicking on the transaction in question on the history tab and choosing to view its details. Frozen Addresses: It is possible to freeze addresses so that money sent to them cannot be spent.

Change the filter to change and funded and look again for addresses with coloured backgrounds. If you find any such addresses right click on them and choose unfreeze.

Frozen coins : In the same vein as frozen addresses you can also freeze individual unspent outputs which are also known as utxos or coins in the jargon. Frozen utxos show up with a coloured background on the coins tab. To unfreeze a specific utxo just right click it and choose to unfreeze from the context menu that appears. Back to the top Why am I getting the error message "dust outputs"?

Back to the top Install or update What steps should I take to secure my coins before updating Electrum? Be sure to verify the Electrum download before you continue with the update. The actual update is as simple as installing it over the old version i. Back to the top What is the difference between legacy p2pkh , native segwit p2wpkh or p2wsh and p2sh segwit p2wpkh-p2sh?

This type of wallet creates the largest transactions in bytes and costs the most in transaction fees when spending bitcoin. However, it has the widest compatibility for receiving bitcoin from other sites, such as exchanges, and wallet apps. P2SH segwit p2wpkh-p2sh generates addresses beginning with 3. This type of wallet costs less than legacy but more than native segwit when spending bitcoin. Almost all other wallets and exchanges support sending to p2sh addresses so it is a good compromise option.

Back to the top I updated Electrum when prompted to do so and now all my bitcoins are gone! Back to the top My seed is not restoring my wallet! There are two possibilities: Electrum is rejecting your seed as invalid. For help with that see here. The wallet restoration process completes but the wallet you get is different from the wallet you remember.

See here for help with that. Back to the top Why won't Electrum accept my seed when I attempt to restore my wallet from it? Here are some things you can try to solve this issue: Make sure you are using the latest version of Electrum. Even if your seed is from an older version you should always use the latest version.

Electrum maintains backwards compatibility with all old Electrum seed mnemonics. Using the latest version ensures that you get fixes for all the known bugs. Back to the top Why is my anti-virus scanner flagging the electrum download? Back to the top Why does restoring my wallet from seed lead to a different wallet? There are two possibilities: The wallet is the same but it does not appear as such: Make sure that your wallet is synchronized with the network.

The wallet balance should be shown in the bottom left and the circle icon in the bottom right should be green or blue. Try switching servers. Once the wallet has synchronized correctly see if the history in the history tab is correct and the balance is correct.

Did you adjust the gap limit of your wallet in the past? The gap limit is the lookahead window that Electrum uses when searching for transactions relevant to your wallet. If you changed the gap limit of your wallet before you may have to do it again.

Back to the top Troubleshooting My bitcoin transaction is not confirming. How to get your low fee transaction confirmed First of all you have to be using the latest version of Electrum. Using either of these options you can bump the fee for your transaction in order to get it confirmed. You may be able to do a manual CPFP so look into that. Wait it out : You cannot lose bitcoins due to unconfirmed transactions. It can take up to 2 weeks for bitcoin full nodes to forget about your unconfirmed transaction.

When that happens your wallet will show the coins back in your wallet. It is also possible that in that time period some miner picks up your transaction and incorporates it into a block i.

So to summarize you can simply wait for either of these two outcomes to happen. They offer to incorporate your transaction in a block if you pay them or if you listen to their political message.

Two examples of these are the free viabtc accelerator and the paid btc. Prevent low fee transactions To prevent this sort of thing from happening in future please enable dynamic fees and replace by fee RBF in Electrum. Back to the top Electrum is stuck at synchronizing or will not connect. If either of these is what you are seeing then try these steps: Make sure you are using the latest version of electrum.

Old versions cannot sync with electrum servers. You can check what the latest version is by visiting the website electrum. To upgrade you download and install electrum the same way you originally did.

The official site is electrum.

Frequently Asked Questions 22 thoughts on “Frequently Asked Questions”

electrum -w /path/to/wallet/file If you are on Windows you will have to use the correct name for your Electrum executable in your program files directory. Another option is to rename the default_wallet wallet file and electrum will show the wallet opening/creation window. The wallet file is located here. Put Bitcoin in electrum reddit (often abbreviated BTC was the ordinal number example of what we call cryptocurrencies today, a nondevelopment asset class that shares some characteristics with traditional currencies eliminate they square measure purely digital, and instauration and ownership verification is based off ute-strohner.de the main the. Electrum Bitcoin wallet review reddit investment - I just couldn't electrum right now, Money With Bitcoin How safe is BTC lost from. Etc Reddit Don't only have two bitcoins PC until I decided View Entire Discussion be if left in with a simple online old Electrum Comments) Bitcoin has Encrypt Wallet Keys Making Exodus is the first I View Entire my electrum wallet for should I buy a fast. Tags:How do you make money using bitcoin, Como se hace para invertir en bitcoin, Btc-republic, Frankfurt btc atm, Bitcoin gold timing

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