1

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

Improve this question
2
  • Hey Declan, do you mean "staking" as in "mining in a proof-of-stake cryptocurrency"? Dogecoin uses a proof-of-work algorithm, so if that's what you mean, there is no staking in Dogecoin. See: What is proof-of-stake?
    – Murch ♦
    Apr 1, 2016 at 12:56
  • Thanks for your quick reply. Yes I meant proof-of-stake. Best Wishes, Declan
    – user34435
    Apr 1, 2016 at 17:15

1 Answer 1

Reset to default
1

Staking is only used with proof-of-stake cryptocurrencies. Dogecoin uses a proof-of-work algorithm, so there is no staking in Dogecoin.

Improve this answer

Your Answer

By clicking “Post Your Answer”, you agree to our terms of service and acknowledge that you have read and understand our privacy policy and code of conduct.

Not the answer you're looking for? Browse other questions tagged or ask your own question.