backport #568

Author: crodriguezvega

CHANGELOG.md

@@ -40,6 +40,10 @@ Ref: https://keepachangelog.com/en/1.0.0/
 
 * [\#567](https://github.com/cosmos/ibc-go/pull/567) Bump SDK version to v0.44.4
 
+### Improvements
+
+* (02-client) [\#568](https://github.com/cosmos/ibc-go/pull/568) In IBC `transfer` cli command use local clock time as reference for relative timestamp timeout if greater than the block timestamp queried from the latest consensus state corresponding to the counterparty channel.
+
 ### Bug Fixes
 
 * (02-client) [\#500](https://github.com/cosmos/ibc-go/pull/500) Fix IBC `update-client proposal` cli command to expect correct number of args.
@@ -60,6 +64,12 @@ Ref: https://keepachangelog.com/en/1.0.0/
 
 * [\#384](https://github.com/cosmos/ibc-go/pull/384) Added `NegotiateAppVersion` method to `IBCModule` interface supported by a gRPC query service in `05-port`. This provides routing of requests to the desired application module callback, which in turn performs application version negotiation.
 
+## [v1.2.4](https://github.com/cosmos/ibc-go/releases/tag/v1.2.4) - 2021-13-02
+
+### Dependencies
+
+* [\#567](https://github.com/cosmos/ibc-go/pull/567) Bump SDK version to v0.44.4
+
 ## [v1.2.3](https://github.com/cosmos/ibc-go/releases/tag/v1.2.3) - 2021-11-09
 
 ### Dependencies
@@ -97,6 +107,12 @@ Ref: https://keepachangelog.com/en/1.0.0/
 
 * [\#386](https://github.com/cosmos/ibc-go/pull/386) Bump [tendermint](https://github.com/tendermint/tendermint) from v0.34.12 to v0.34.13.
 
+## [v1.1.4](https://github.com/cosmos/ibc-go/releases/tag/v1.2.4) - 2021-13-02
+
+### Dependencies
+
+* [\#567](https://github.com/cosmos/ibc-go/pull/567) Bump SDK version to v0.44.4
+
 ## [v1.1.3](https://github.com/cosmos/ibc-go/releases/tag/v1.1.3) - 2021-11-09
 
 ### Dependencies

modules/apps/transfer/client/cli/tx.go

@@ -1,8 +1,10 @@
 package cli
 
 import (
+	"errors"
 	"fmt"
 	"strings"
+	"time"
 
 	"github.com/spf13/cobra"
 
@@ -29,9 +31,10 @@ func NewTransferTxCmd() *cobra.Command {
 		Short: "Transfer a fungible token through IBC",
 		Long: strings.TrimSpace(`Transfer a fungible token through IBC. Timeouts can be specified
 as absolute or relative using the "absolute-timeouts" flag. Timeout height can be set by passing in the height string
-in the form {revision}-{height} using the "packet-timeout-height" flag. Relative timeouts are added to
-the block height and block timestamp queried from the latest consensus state corresponding
-to the counterparty channel. Any timeout set to 0 is disabled.`),
+in the form {revision}-{height} using the "packet-timeout-height" flag. Relative timeout height is added to the block
+height queried from the latest consensus state corresponding to the counterparty channel. Relative timeout timestamp 
+is added to the greater value of the local clock time and the block timestamp queried from the latest consensus state 
+corresponding to the counterparty channel. Any timeout set to 0 is disabled.`),
 		Example: fmt.Sprintf("%s tx ibc-transfer transfer [src-port] [src-channel] [receiver] [amount]", version.AppName),
 		Args:    cobra.ExactArgs(4),
 		RunE: func(cmd *cobra.Command, args []string) error {
@@ -89,7 +92,21 @@ to the counterparty channel. Any timeout set to 0 is disabled.`),
 				}
 
 				if timeoutTimestamp != 0 {
-					timeoutTimestamp = consensusState.GetTimestamp() + timeoutTimestamp
+					// use local clock time as reference time if it is later than the
+					// consensus state timestamp of the counter party chain, otherwise
+					// still use consensus state timestamp as reference
+					now := time.Now().UnixNano()
+					consensusStateTimestamp := consensusState.GetTimestamp()
+					if now > 0 {
+						now := uint64(now)
+						if now > consensusStateTimestamp {
+							timeoutTimestamp = now + timeoutTimestamp
+						} else {
+							timeoutTimestamp = consensusStateTimestamp + timeoutTimestamp
+						}
+					} else {
+						return errors.New("local clock time is not greater than Jan 1st, 1970 12:00 AM")
+					}
 				}
 			}