update faq: renewal is bi-annual

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Matthew Zipkin 2020-07-02 16:30:56 -04:00 committed by GitHub
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<span><p>Handshake names are registered for one year at a time. Names can be renewed annually by paying a standard network fee. There are no social or technical guarantees with the renewability or ownership, this is an experimental system, please read the code to see details of how it currently works.</p></span>
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<div class="question">
<h3>Who gets the annual renewal fee?
<h3>Who gets the renewal fee?
<span><footer class='footer-caret-down' src='/img/footer/down-caret.svg' alt='Toggle expanded answer on mobile'/></span>
<span class='hide'><footer class='footer-caret-up' src='/img/footer/up-caret.svg' alt='Toggle expanded answer on mobile'/></span></h3>
<span><p>Renewals for names are annual and cost a standard network fee. Currently, miners will receive the transaction fee as part of their block reward.</p></span>
<span><p>Renewals for names are bi-annual and cost a standard network fee. Currently, miners will receive the transaction fee as part of their block reward.</p></span>
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<div class="question">
<h3>How do I transfer ownership of a name?