Bitcoin Forum

Bitcoin => Electrum => Topic started by: BitcoinSupremo on May 31, 2016, 07:22:38 PM



Title: Electrum restore try
Post by: BitcoinSupremo on May 31, 2016, 07:22:38 PM
My monitor broke down, so I cannot access my PC for the moment for a few days until I buy a new one. I have the seed of electrum 2.5.4 and have the same version of the 2.5.4 installed in my laptop, I am restoring through the seed but its taking quite a while. Is this normal and is a problem to have the same wallet in 2 different PC ?
Fast answer is greatly appreciated.

Edit: Everything went perfect now.

Is it a problem to have same wallet in 2 different places ?


Title: Re: Electrum restore try
Post by: racezefi on June 02, 2016, 09:52:06 AM
Is it a problem to have same wallet in 2 different places ?

If you restored from the seed, nope. They will both automatically derive the same addresses.


Title: Re: Electrum restore try
Post by: altcoinhosting on June 02, 2016, 09:53:28 AM
My monitor broke down, so I cannot access my PC for the moment for a few days until I buy a new one. I have the seed of electrum 2.5.4 and have the same version of the 2.5.4 installed in my laptop, I am restoring through the seed but its taking quite a while. Is this normal and is a problem to have the same wallet in 2 different PC ?
Fast answer is greatly appreciated.

Edit: Everything went perfect now.

Is it a problem to have same wallet in 2 different places ?

To answer your last question: it's not a real problem to have your wallet in 2 different places. I do this all the time (i have one wallet at home, and the same one at work), the only problem is you'll have to sync your labels once in a while (well, at least that's my experience with this).


Title: Re: Electrum restore try
Post by: BitcoinSupremo on June 02, 2016, 10:01:10 AM
Is it a problem to have same wallet in 2 different places ?

If you restored from the seed, nope. They will both automatically derive the same addresses.

Yes I restored from the seed and they have the same addresses , it is syncing well in my Laptop running Linux Mint latest version, with latest updates, the problem is I have to check my PC after a few days how long it will take to sync there, but I guess it will be no problem keeping same wallet in different places, thanks for your help. My PC is running another debian based linux, not Ubuntu.


Title: Re: Electrum restore try
Post by: racezefi on June 02, 2016, 10:36:50 AM
Is it a problem to have same wallet in 2 different places ?

If you restored from the seed, nope. They will both automatically derive the same addresses.

Yes I restored from the seed and they have the same addresses , it is syncing well in my Laptop running Linux Mint latest version, with latest updates, the problem is I have to check my PC after a few days how long it will take to sync there, but I guess it will be no problem keeping same wallet in different places, thanks for your help. My PC is running another debian based linux, not Ubuntu.

Since Electrum is an SPV node, it takes about 5 minutes to download the full headers for the blockchain on a decent connection.
On a terrible connection it took me once about 30 minutes, that's tops, and from scratch, not an update.

An update should take seconds.