What is wrong with this new electrum, that it does not accept its own backup keys?
The restore options changed between v2.x and v3.x
Using v3.x:
- if you are using individual
WIF private keys (long string of letters/numbers, starts "5", "L" or "K")... You need to use "File -> New/Restore ->
import Bitcoin Addresses or private keys"
- If you have "
xprv" (long string, starts with "xprv"), you need to use "File -> New/Restore ->
standard wallet -> use master key"
(NOTE: With v2.x, you imported both WIF and xprv using the "standard wallet -> use public or private keys" option)