I have just installed an Electrum wallet on my Ubuntu machine, and transferred some funds into it. I wish to back up the wallet, so if my computer is dead or stolen, say, I will be able to install Electrum again and restore the wallet.
(In fact, it would be best to be able to restore the wallet from other software, not necessarily Electrum, if that's possible).
My wallet has a name (
btc1) and a password. After opening it, in the
wallet menu, I have the
seed option grayed out. I am able to export private keys, however. If I understand correctly, the wallet itself is located in the file
~/.electrum/wallets/btc1. If I copy that file, say, to a different machine - then the wallet is also there?
I'm a bit confused about all of that.