Upgrading Electrum Issue [SOLVED]

[Sarnix]

Hi!

Half a year ago I bought bitcoins and sold them immediately just a few weeks later. This week I bought bitcoins again. I used Electrum again and send 1 of the bitcoin addresses to the seller. Then I waited Electrum to synchronise. And it kept synchronising for days, because I read it could take quite some time. It turns out I'm using an obsolete version of Electrum (2.5.4) So I installed the latest version of Electrum. It is installed in a different folder. When it asks for a wallet I point it to my old wallet, but it doesn't recognise the file format. And this is where I am right now. I am not sure what to do. Can I just create a new wallet with my seed (still got it) and will it generate the same addresses etc? So, when I do this I probably will see the bitcoins on the address I gave out? (Maybe this is a basic issue and it seems very simple, but I'm quite lost right now.)

Thanks for any help!

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[1715692429]

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[1715692429]

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[1715692429]

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[TryNinja]

Can I just create a new wallet with my seed (still got it) and will it generate the same addresses etc? So, when I do this I probably will see the bitcoins on the address I gave out? (Maybe this is a basic issue and it seems very simple, but I'm quite lost right now.)

Yes. Just restore your wallet with the seed.

[Sarnix]

Thanks a lot, TryNinja! It worked perfectly. I sort of guessed this should work, but had an information overload in my brain.

[Sellingaccs]

Thanks a lot, TryNinja! It worked perfectly. I sort of guessed this should work, but had an information overload in my brain.

Glad to hear that! I recommend generating a new seed on a offline mode of a computer, and then sending your BTC from your old seed addresses to your new one. As if malware is on your computer, the seed is now revealed on the screen and if there are spyware, they might get stolen.

Always generating a seed on offline mode is the best practice, hardware wallet is a better solution however or a paper wallet created on a linux live cd.