Dogecoin Core Wallet 1.10 – Help – Encrypt Wallet Option not available to allow staking

Help,

I am new to staking using crypto currency wallets.

I have download the Dogecoin Core Wallet 1.10 and the Encrypt Wallet Option is greyed out. How can I encrypt this wallet for staking please? I have other wallets for other crypto currencies that are all staking fine.

Thanks in advance.

Declan

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New law in Russia requires “information-distribution organizations” that use “additional coding” to provide the Federal Security Service (FSB) with the information that will allow them to “decode” the information. It will be also prohibiting the use of “uncertified means of coding (encryption)”.

New law in Russia requires “information-distribution organizations” that use “additional coding” to provide the Federal Security Service (FSB) with the information that will allow them to “decode” the information. It will be also prohibiting the use of “uncertified means of coding (encryption)". submitted by /u/bitsteiner
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Bitcoin

Would this scheme allow faster verification of transactions? (Multiple parallel block chains)

One issue with one block chain is that it needs to be globally synchronized. One way to elevate this would be to use multiblock chains.

Namely, we can imagine that there are N block chains, working in parallel. To make double spending impossible, a you can only spend a total of 1/N of your total money on each chain. (If they need to spend more, you can do so on multiple chains. This is slower, but hopefully you don’t need to do that as often. If, for example, there 10 chains, you have 100 units, and you are buying something for 15 units, you would spend 10 on one chain and 5 on another.)

After about 10 blocks or so (specifically when it happens is unspecified for now), a meta-block is mined that ties the chains together. This resets the 1/N limit, and allows money earned on one block to spent on the others. Otherwise, it would just be N different currencies.

Each individual block chain can go faster, since they will involve only 1/N of the community. More total blocks also means miners are rewarded more often, and more spread out.

Would this work? Would it verify transactions more often? Do any currencies currently use this?

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