fix: use trylock with jitter sleep

[awill1988]

Removes the lock for reading and will leverage TryLock in order to force contentious writers to sleep w/ jitter and attempt to get the key from the database again.

Related issue(s)

#3863

Checklist

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Further Comments

Appreciate all the time and attention given to this issue. I am happy to test and look for any regression issues this may cause.