Is this how I should setup my offline electrum wallet?

[dabura667]

Thanks guys, just to be sure I've done it again with ubuntu but the command lines thingy wasnt functionning so i used the ubuntu software installer. I typed electrum and downloaded it from there. it is the 1.9.7 though

Is it normal ? am i OK ?

Sorry for dumb uestions I only have 1.4 btc but its a lot to me...

Install 1.9.8.... 1.9.7 has a critical bug in the seed restore function.

If you only "Create new wallet" then you're fine...

But if you "Restore wallet from seed" and then you misspell one of the words, the wallet will create a watch-only wallet instead of a REAL wallet, and it will always be the same watch-only wallet.

Many people have sent bitcoins to this wallet, but it is a black hole that you won't have the private keys for. (someone figured out the seed and now steals any bitcoins that are sent into this "black hole" wallet)

Stick with the mint Linux that you installed before......... or did you delete it?

[darlidada]

Thanks guys, just to be sure I've done it again with ubuntu but the command lines thingy wasnt functionning so i used the ubuntu software installer. I typed electrum and downloaded it from there. it is the 1.9.7 though

Is it normal ? am i OK ?

Sorry for dumb uestions I only have 1.4 btc but its a lot to me...

Install 1.9.8.... 1.9.7 has a critical bug in the seed restore function.

If you only "Create new wallet" then you're fine...

But if you "Restore wallet from seed" and then you misspell one of the words, the wallet will create a watch-only wallet instead of a REAL wallet, and it will always be the same watch-only wallet.

Many people have sent bitcoins to this wallet, but it is a black hole that you won't have the private keys for. (someone figured out the seed and now steals any bitcoins that are sent into this "black hole" wallet)

Stick with the mint Linux that you installed before......... or did you delete it

what do you mean a critical bug ? i've seen no seen in the release notes! also why ubuntu package software put 1.9.7 forward as the trust version ? do you have any sources?

edit you are right : https://github.com/spesmilo/electrum/issues/613

what shall i do ? why is this bug not more well known? i checked the release notes of 1.9.8 and no mention of this!!

[dabura667]

what shall i do ? why is this bug not more well known? i checked the release notes of 1.9.8 and no mention of this!!

The way the bug worked was in 1.9.7 when you create a new wallet and choose "Restore from seed" then you try to insert a 12 word seed from a previous wallet to restore it. "Create New Wallet" and "Watch-only wallet" are NOT AFFECTED.

That is the ONLY TIME the bug happens.

However, it happens ONLY if you mistype your seed.

If you type your seed correctly, restore is successful.

If you type incorrectly, Electrum makes the exact same wallet from issue #613. It is a watch-only wallet. Some person calculated the seed for that 1 wallet, and takes out any bitcoins that are sent into it.

So if you restore from seed, and it does not ask you to set a password. That tells you that you have mistyped your seed and created the issue #613 watch-only wallet.

Because watch-only wallets don't ask to set a password, but seeded wallets do.

You typed in a seed, so you should NOT be making a watch-only wallet. The ONLY way to make a watch-only wallet after putting in the seed is the bug #613. So if you see watch-only on the wallet even though you typed the seed, that is the blackhole.

[darlidada]

thank you for everything! i sent you a small tip !

[Abdussamad]

what shall i do ? why is this bug not more well known? i checked the release notes of 1.9.8 and no mention of this!!

The way the bug worked was in 1.9.7 when you create a new wallet and choose "Restore from seed" then you try to insert a 12 word seed from a previous wallet to restore it. "Create New Wallet" and "Watch-only wallet" are NOT AFFECTED.

That is the ONLY TIME the bug happens.

However, it happens ONLY if you mistype your seed.

If you type your seed correctly, restore is successful.

If you type incorrectly, Electrum makes the exact same wallet from issue #613. It is a watch-only wallet. Some person calculated the seed for that 1 wallet, and takes out any bitcoins that are sent into it.

So if you restore from seed, and it does not ask you to set a password. That tells you that you have mistyped your seed and created the issue #613 watch-only wallet.

Because watch-only wallets don't ask to set a password, but seeded wallets do.

You typed in a seed, so you should NOT be making a watch-only wallet. The ONLY way to make a watch-only wallet after putting in the seed is the bug #613. So if you see watch-only on the wallet even though you typed the seed, that is the blackhole.

Wow that's some bug! It *should* have been mentioned in the release notes so that we can make informed decisions about when to upgrade or not.