diff --git a/electrum/version.py b/electrum/version.py
index 53387af39..185b98a44 100644
--- a/electrum/version.py
+++ b/electrum/version.py
@@ -1,7 +1,7 @@
 ELECTRUM_VERSION = '3.2.3'   # version of the client package
 APK_VERSION = '3.2.3.1'      # read by buildozer.spec
 
-PROTOCOL_VERSION = '1.4'     # protocol version requested
+PROTOCOL_VERSION = '1.3'     # protocol version requested
 
 # The hash of the mnemonic seed must begin with this
 SEED_PREFIX      = '01'      # Standard wallet