Electrum 3.1 is out!

[HCP]

Who could explain what the following means? Since nothing is supposed to leave the device in the first place.

Watching-only wallets and hardware wallets can be encrypted.

It isn't that "nothing" leaves the hardware wallet... it's that PRIVATE KEYS never leave the hardware wallet...

When you use your HW (Trezor or Ledger Nano S etc) with Electrum, Electrum will read the "xpub" from the device and create a watching only wallet on your PC. Prior to this update, there was no way to password protect this wallet file (or ANY watching-only wallet). Thus anyone could copy your wallet file (or start Electrum on your PC) and, while they could not spend your coins, they could see the complete contents, addresses and transaction history etc.

Now, you can encrypt the entire wallet file on disk (like standard wallet files), so that it cannot be opened and viewed without the device connected. In my opinion, this is a handy feature! 

[JollyGood]

Maybe better to stick with 3.0.6 for a few weeks or months which would allow for issues to be found and fixed in newer versions

[Abdussamad]

Maybe better to stick with 3.0.6 for a few weeks or months which would allow for issues to be found and fixed in newer versions

If everyone did that no issues would be found and fixed!

[JollyGood]

Maybe better to stick with 3.0.6 for a few weeks or months which would allow for issues to be found and fixed in newer versions

If everyone did that no issues would be found and fixed!

Point taken. I will upgrade the desktop and server versions today.

[JollyGood]

When upgrading from v3.0.6 to v3.1.1 to the desktop version there were no problems but when I upgraded the server I got some problems because I have some custom code in a separate file which updates the database with addresses and balances. Even though the Electrum upgrade went fine I had to downgrade and re-install v3.0.6. Once downgraded I executed the custom code and all is working properly to update the database again.

To clarify, the Electrum upgrades are great and work perfect from what I can see. I will continue to use v3.1.1 on my desktop and v3.0.6 on the server until I workout how to adjust my custom code to make it work alongside the upgrade.

Got to say Electrum is fantastic. The fact you can get a server running Electrum without the need to sync a massive blockchain makes life so much easier. Bitcoin but simplified. A special thanks go to Abdussamad for his advice and pointers in the run up to me downloading and testing it.