4 - Let's assume that my computer has crashed , I lost every single file on my PC... Started from scratch. Downloaded Electrum again. I have the 12 word seed. The 12 word seed will be enough for me to get back on track or I will still need the password?
The 12 word seed will suffice. It isn't password protected.
Thanks friends, pooya87 & ranochigo, I really appreciate your patience and precious time.
But what guarantees that if any NEW electrum user throws some any random words and does not reach a wallet by chance?
Edit: Reading ThomasV's post, "Why you cannot enter an arbitrary seed in Electrum" now