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Author Topic: I Downloaded Electrum [Standard] Version, What Am I Missing?  (Read 144 times)
ContentWriter (OP)
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June 17, 2024, 08:01:13 AM
 #1

I can't seem to find how to spped up transaction and other advanced features. What should I do at this moment? Go for Advanced version?
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June 17, 2024, 08:03:35 AM
 #2

I can't seem to find how to spped up transaction and other advanced features. What should I do at this moment? Go for Advanced version?

The standard version have all the features you need. I would imagine that you cannot speed up your transaction, because you didn't have RBF enabled in your Preferences before sending the transaction? (I can't remember if this is checked by default, or not).

See the menu -> Tools -> Preferences -> Replace-by-fee and then try to make another transaction, right click it... and see the options that show.

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June 17, 2024, 08:05:38 AM
Merited by OmegaStarScream (2), hugeblack (1)
 #3

Electrum standard version?
What do you mean by the standard version? There are no such things as standard and advanced versions of electrum.

Did you download electrum from its official website? Electrum official website is electrum.org.

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June 17, 2024, 08:07:09 AM
 #4

You made a transaction and it is stuck and you downloaded Electrum and import the seed phrase of the wallet that you make the transaction from which is now stuck? If that is it, the transaction is not supporting replace-by-fee fee is the reason you are not able to bump the fee.

But if it is that you make the transaction on Electrum, right click on the unconfirmed transaction, you will see bump fee.

And hope you downloaded Electrum from the official site https://electrum.org

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June 17, 2024, 08:08:32 AM
 #5

Electrum standard version?
What do you mean by the standard version? There are no such things as standard and advanced versions of electrum.

-snip-

I took this as a reference to "standard wallet"[1] (Could you confirm @ContentWriter ?). If he meant something else, then this is bad. He probably downloaded the wallet from somewhere he shouldn't have.

[1] https://bitcoinelectrum.com/electrum-wallet-types/

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June 17, 2024, 08:11:19 AM
Merited by OmegaStarScream (2)
 #6

See the menu -> Tools -> Preferences -> Replace-by-fee and then try to make another transaction, right click it... and see the options that show.
Replaced-by-fee is by default on Electrum. Electrum do not support transactions that does not have opt-in replaced-by-fee any longer. Even before that all transactions must be RBF on Electum, the feature was by default at the time but you can disable it from preference.

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June 17, 2024, 08:22:01 AM
 #7

Electrum standard version?
What do you mean by the standard version? There are no such things as standard and advanced versions of electrum.

-snip-

I took this as a reference to "standard wallet"[1] (Could you confirm @ContentWriter ?). If he meant something else, then this is bad. He probably downloaded the wallet from somewhere he shouldn't have.

[1] https://bitcoinelectrum.com/electrum-wallet-types/

Yes. I was given 3 options (I believe) during installation. I chose the second one. [Standard]. Are there fake ones? Still can't find the RBF from Tools. Sorry I can't post too quickly.
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June 17, 2024, 08:30:04 AM
Last edit: June 17, 2024, 08:41:59 AM by hosseinimr93
 #8

Yes. I was given 3 options (I believe) during installation. I chose the second one. [Standard]. Are there fake ones? Still can't find the RBF from Tools. Sorry I can't post too quickly.
When you create a new wallet in electrum, there are four options.

1. Standard wallet
2. Wallet with two-factor authentication
3. Multi-signature wallet
4. Import bitcoin addresses or private keys


Can you confirm that you download electrum from electrum.org?


It doesn't matter how you created your wallet in electrum. If your transaction has been flagged as RBF, you should be able to increase its fee.
Take note that all transactions that are made by electrum itself are automatically flagged as RBF.

To increase the fee, you should right click on your unconfirmed transaction and select "Increase fee".

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June 17, 2024, 08:36:15 AM
 #9

Yes. I was given 3 options (I believe) during installation. I chose the second one. [Standard]. Are there fake ones? Still can't find the RBF from Tools. Sorry I can't post too quickly.
When you create a new wallet in electrum, there are four options.

1. Standard wallet
2. Wallet with two-fator authentication
3. Multi-signature wallet
4. Import bitcoin addresses or private keys


Can you confirm that you download electrum from electrum.org?



It doesn't matter how you created your wallet in electrum. If your transaction has been flagged as RBF, you should be able to increase its fee.
Take note that all transactions that are made by electrum itself are automatically flagged as RBF.

To increase the fee, you should right click on your unconfirmed transaction and select "Increase fee".

I believe I did download from Electru.org. I also believe I saw the Multi-signature wallet option. Could have seen 4 options thought they were 3.
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June 17, 2024, 08:52:33 AM
Last edit: June 17, 2024, 10:33:37 AM by hosseinimr93
 #10

I believe I did download from Electru(dot)org. I also believe I saw the Multi-signature wallet option. Could have seen 4 options thought they were 3.
I think you made a typo and you downloaded electrum from electrum.org. There is no website hosted at Electru(dot)org.

Since you bolded the second option, are you saying you have a 2FA wallet?

Anyway, it doesn't matter you have a 2FA wallet or a standard wallet and you should be able to increase the fee of the transactions that are flagged as RBF and have been made by yourself.
Again, if the transaction has been made by electrum, it's RBF-enabled.


Did you right-click on your unconfirmed transaction and check if you see any option for increasing the fee there?

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June 17, 2024, 08:53:16 AM
Merited by hugeblack (2), khaled0111 (1)
 #11

To increase the fee you right click on the transaction on the history tab and choose "increase fee" from the menu that appears.
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June 18, 2024, 04:50:56 AM
 #12

-snip- I also believe I saw the Multi-signature wallet option. Could have seen 4 options thought they were 3.
Forget the wallet type, all of those support Opt-in RBF and your transactions are automatically flagged to be replaceable.

Quote from: ContentWriter
and other advanced features.
If you're looking for the settings, there are small "tool" icon [] in every nook and cranny of Electrum.
Each containing options related to where it's located.
For example, in the upper-right corner of "Send" tab, there's the setting icon containing the 'send-to-many' and other invoice related options;
After you click "Pay...", in the "New Transaction" window, there's a setting icon containing transaction-related options.
You wont find RBF anywhere though but it's enabled by default.

Quote from: ContentWriter
I believe I did download from Electru.org. -snip-
If in doubt and to make sure that you're actually using Electrum, just verify its signature.
Follow this tutorial: bitcoinelectrum.com/how-to-verify-your-electrum-download/

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June 18, 2024, 11:25:24 AM
 #13

Yes. I was given 3 options (I believe) during installation. I chose the second one. [Standard]. Are there fake ones?
Fake or official, it depends on where you download Electrum wallet software for installation. Fake wallets have similar UI like official wallets that help them to scam.

Verify your wallet before using.

Quote
Still can't find the RBF from Tools. Sorry I can't post too quickly.
It's not too difficult and you will see using RBF easier next times.


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June 23, 2024, 06:25:20 PM
 #14

I believe I did download from Electru.org. I also believe I saw the Multi-signature wallet option. Could have seen 4 options thought they were 3.
How about a little more certainty and precision instead? You're missing sort of a lot of those.

So far you haven't confirmed that you actually downloaded your Electrum from electrum.org, which should be the only place to download it from. Do not rely on gOOgle search hits, unless you verify very carefully to click on only the one that leads you to electrum.org. We may assume your "Electru.org" is a typo, but assumptions are no certainty. And why do we need to assume something anyway?

Next crucial step before executing the downloaded file is to actually verify that your download is genuine. The steps are described on the Electrum website and there's an extensive thread in this forum, too. I'll leave it deliberately as an exercise to search for this thread in this section here.

How about you replace those "I believe" to more accurate statements, both for you and for those here who are willing to help.

From which website exactly did you download your Electrum?

Did you verify that it's genuine?

Did you install the curren version which is 4.5.5?

You likely created a standard wallet (there's no advanced wallet). This should be a native segwit wallet with addresses of prefix bc1q...

You can speed up a pending transaction by raising the transaction fee. A right click on the pending transaction on the history tab should show you an appropriate option. Check currently required transaction fee levels at https://mempool.space.

What other "advanced" options do you have in mind. Be more specific!


You likely need to learn more about Bitcoin in general: goto https://learnmeabitcoin.com and work through at least the beginners section.

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LoyceV
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Thick-Skinned Gang Leader and Golden Feather 2021


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June 25, 2024, 10:17:01 AM
 #15

I believe I did download from Electru.org. I also believe I saw the Multi-signature wallet option. Could have seen 4 options thought they were 3.
How about a little more certainty and precision instead? You're missing sort of a lot of those.
I checked the ~u.org website, and it's currently offline. It doesn't look like a phishing site on Archive.org from 2019.

@OP: "Be your own bank" comes with responsibilities. Be careful, be accurate, and verify what you type before pressing Enter. But, you know all that. After all, you're offering your services as a "professional writing service". Something smells fishy.

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