We are planning on renewing our subscription.
However, we were wondering if the license key remains the same once renewed?
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The license key doesn't remain the same once it is renewed. Since we don't do server-side validation, a new license is generated.
Since the license is perpetual and will continue to work with any versions released before the support and upgrades of the subscription expire, there is no need to update all of your projects with the new license key. You can simply implement the new key to your project.