Hi there. Im still using electrum 2.7.8.
Where do i upgrade to the new version? When was the new version released?
You can download the new version at
https://electrum.org/#downloadIm curious but do most people do what im asking about? Such as you need to put a password before you can open electrum to see your balance etc?
When i click on wallet, then password, it ask for my current password, password and confirm password.
So my current password is the password that i use before i send my bitcoin right? Because when i send bitcoin, it ask me to enter a password. But you mention the seed dialogue? Im confused here because isn't that the 12 word recovery phrase?
Are you using the new electrum version or the version im using? Because all i see is current password, password and confirm password.
So for password and confirm password, im suppose to put a new password? So that means i essentially will have 2 passwords for electrum? My current one for sending btc and another one just for opening my electrum wallet? Or are both those passwords going to be the same?
Also if i do any mistake with this, as long as i have the 12 word recovery phrase, then any error i make here doesn't matter right?
You should first download and install version 2.8.3 of Electrum which supports the encryption method. Then you just need to change the password via the Menu option. Be sure to select the Encrypt wallet option. You can leave the password the same during this process and then you will have both the encryption and sending passwords as the same password. It will prompt you for this password when you open Electrum.
The Wallet -> Password box should look something like this if you have an unencrypted wallet:
