Older versions of Electrum used to require a patched version of bitcoind.
This is not the case anymore since bitcoind supports the 'txindex' option.
-We currently recommend bitcoind 0.8.5 stable.
+We currently recommend bitcoind 0.8.6 stable.
+
+If your package manager does not supply a recent bitcoind and prefer to compile
+here are some pointers for Ubuntu:
+
+ $ cd ~/src && wget http://sourceforge.net/projects/bitcoin/files/Bitcoin/bitcoin-0.8.6/bitcoin-0.8.6-linux.tar.gz
+ $ tar xfz bitcoin-0.8.6-linux.tar.gz
+ $ cd bitcoin-0.8.6-linux/src/src
+ $ sudo apt-get install make g++ python-leveldb libboost-all-dev libssl-dev libdb++-dev
+ $ make USE_UPNP= -f makefile.unix
+ $ strip ~/src/bitcoin-0.8.6-linux/src/src/bitcoind
+ $ ln -s ~/src/bitcoin-0.8.6-linux/src/src/bitcoind ~/bin/bitcoind
### Step 4. Configure and start bitcoind
txindex=1
-If you have an existing installation of bitcoind and have not previously,
+If you have an existing installation of bitcoind and have not previously
set txindex=1 you need to reindex the blockchain by running
$ bitcoind -reindex
response time in the Server selection window. You should send/receive some
bitcoins to confirm that everything is working properly.
-### Step 13. Join us on IRC, subscribe to the server thread
+### Step 14. Join us on IRC, subscribe to the server thread
Say hi to the dev crew, other server operators and fans on
irc.freenode.net #electrum and we'll try to congratulate you