diff --git a/lib/version.py b/lib/version.py
index 211920c8..8949a3d1 100644
--- a/lib/version.py
+++ b/lib/version.py
@@ -1,4 +1,4 @@
-ELECTRUM_VERSION = '3.0'     # version of the client package
+ELECTRUM_VERSION = '3.0.1'   # version of the client package
 PROTOCOL_VERSION = '1.1'     # protocol version requested
 
 # The hash of the mnemonic seed must begin with this