diff --git a/lib/version.py b/lib/version.py
index beaeb8d3f..9a6f3b5d8 100644
--- a/lib/version.py
+++ b/lib/version.py
@@ -5,5 +5,5 @@ OLD_SEED_VERSION = 4        # electrum versions < 2.0
 
 
 # The hash of the mnemonic seed must begin with this
-SEED_PREFIX      = '01'      # BIP44
+SEED_PREFIX      = '01'      # Electrum standard wallet
 SEED_PREFIX_2FA  = '101'     # extended seed for two-factor authentication