diff --git a/client/RELEASE-NOTES b/client/RELEASE-NOTES
index a483c15a1..01488e66c 100644
--- a/client/RELEASE-NOTES
+++ b/client/RELEASE-NOTES
@@ -1,28 +1,31 @@
-Version 0.34
-------------
 
-The key derivation was changed again in version 0.34, in order to
-offer "type 2 wallet" capabilities. If you use an older wallet, you
-will need to create a new wallet and move your coins. The procedure is
-described below (version 0.31).
+This page lists versions of Electrum that are incompatible with the
+previous version. These incompatibilities are caused by a change in
+the key derivation algorithm.
 
+Wallets created before the change are incompatible with the new
+version, and that users need to move their bitcoins. We apologize for
+the inconvenience. We try to keep this kind of upgrades as rare as
+possible.
 
-Version 0.31
-------------
 
-version 0.31 fixes a vulnerability in the key generation function.
-Unfortunately, this means that wallets created prior to 0.31 are
-incompatible with newer versions. We apologize for the
-inconvenience. We try to keep this kind of upgrades as rare as
-possible.
+LIST OF UPGRADES:
+-----------------
+
+Version 0.34: The key derivation was changed again in version 0.34, in order to offer "type 2 wallet" capabilities. 
+Version 0.31: This version fixes a vulnerability in the key generation function.
+
 
-If you use an older wallet, you will see a message asking you to
+HOW TO UPGRADE:
+---------------
+
+If your wallet is deprecated, you will see a message asking you to
 create a new wallet and to move your balance to the new wallet.
 
 Here are the steps that you need to follow:
-* create a new wallet: electrum.py -w my_new_wallet.dat
+* create a new wallet with the new version of Electrum:    /path/to/new/electrum.py -w my_new_wallet.dat
 * copy a receiving address from the new wallet
-* open your old wallet: 
+* open your old wallet with the old version of Electrum:   /path/to/old/electrum.py -w my_old_wallet
 * move your entire balance to the new address.
 
 Note that you may keep your current seed. For this, all you need to do
@@ -30,3 +33,6 @@ is to create the new wallet using the wallet recovery procedure. You
 will not recover your old wallet with the new software, but you will
 get a new wallet instead.
 
+
+
+