HIP-372: Entity Auto-Renewals and Expiry Window
| Author | Leemon Baird, Nosh Mody, Quan Nguyen |
|---|---|
| Discussions-To | https://github.com/hashgraph/hedera-improvement-proposal/discussions/382 |
| Status | Final ⓘ |
| Needs Council Approval | Yes ⓘ |
| Review period ends ⓘ | Mon, 21 Mar 2022 07:00:00 +0000 |
| Type | Standards Track ⓘ |
| Category | Service ⓘ |
| Created | 2022-03-01 |
| Updated | 2023-01-20 |
| Replaces | 16 |
Table of Contents
Abstract
Slight modifications of the auto-renewal duration window compared to the original HIP-16.
Motivation
The original HIP-16 mentions the auto renewal duration between ~81 days and ~92 days. The rationale was to provide a wider window for the auto-renew duration periodfor better flexibility.
Rationale
Refer to HIP-16.
User stories
Refer to HIP-16.
Specification
The minimum auto-renew period will be equal to ~30 days (2,592,000 seconds), and the max auto-renew durtaion will remain equal to ~92 days (8,000,001 seconds).
Backwards Compatibility
This feature is not enabled on the Mainnet and should therefore be backwards compatible.
Security Implications
N/A
How to Teach This
Implementation of this feature will be referenced in release notes, supported by SDKs, as well as supported at docs.hedera.com.
Reference Implementation
The reference implementation change from the original HIP-16 is modifying ledger.autoRenewPeriod.minDuration from ~81 days to 30 days.
ledger.autoRenewPeriod.maxDuration=8000001 seconds // ~92 days
ledger.autoRenewPeriod.minDuration=2592000 seconds // ~30 days
Rejected Ideas
N/A
Open Issues
N/A
References
HIP-16: https://hips.hedera.com/hip/hip-16
Copyright/license
This document is licensed under the Apache License, Version 2.0 – see LICENSE or (https://www.apache.org/licenses/LICENSE-2.0)
Citation
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