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 Micro-partitions in Snowflake are immutable objects, which means once they are written, they cannot be modified. This immutability supports the use of Time Travel, allowing users to access historical data within a defined period. Additionally, micro-partitions can significantly reduce the amount of I/O from object storage to virtual warehouses. This is because Snowflake’s query optimizer can skipover micro-partitions that do not contain relevant data for a query, thus reducing the amount of data that needs to be scanned and transferred.

Provisioning time can vary based on the size of the warehouse. A 4X-Large Warehouse typically has more resources and may take longer to provision compared to a X-Small Warehouse, which has fewer resources and can generally be provisioned more quickly.References: Understanding and viewing Fail-safe | Snowflake Documentation

Transient tables in Snowflake have a default Time Travel retention period of 1 day, which allows users to access historical data within the last 24 hours. However, transient tables do not have a Fail-safe period. Fail-safe is an additional layer of data protection that retains data beyond the Time Travel period for recovery purposes in case of extreme data loss. Since transient tables are designed for temporary or intermediate workloads with no requirement for long-term durability, they do not include a Fail-safe period by default1.

Snowflake automatically rotates encryption keys when they are more than 30 days old. Active keys are retired, and new keys are created. This process is part of Snowflake’s comprehensive security measures to ensure data protection and is managed entirely by the Snowflake service without requiring user intervention.