e04eddb3 this conditional with 2 nested ternary conditionals on one line is pretty hard to read.
0-    if (m_bytes_encrypted >= (gArgs.GetBoolArg("-netencryptionfastrekey", false) ? 32 * 1024 : REKEY_LIMIT_BYTES) || now - m_time_last_rekey >= (gArgs.GetBoolArg("-netencryptionfastrekey", false) ? 10 : REKEY_LIMIT_TIME)) {
1+    bool fast_rekey = gArgs.GetBoolArg("-netencryptionfastrekey", false);
2+    if (m_bytes_encrypted >= (fast_rekey ? 32 * 1024 : REKEY_LIMIT_BYTES) || (now - m_time_last_rekey >= (fast_rekey ? 10 : REKEY_LIMIT_TIME))) {
or
 0-    if (m_bytes_encrypted >= (gArgs.GetBoolArg("-netencryptionfastrekey", false) ? 32 * 1024 : REKEY_LIMIT_BYTES) || now - m_time_last_rekey >= (gArgs.GetBoolArg("-netencryptionfastrekey", false) ? 10 : REKEY_LIMIT_TIME)) {
 1+    if (gArgs.GetBoolArg("-netencryptionfastrekey", false)) {
 2+        if (m_bytes_encrypted >= 32 * 1024 || (now - m_time_last_rekey >= 10)) {
 3+            rekey = true;
 4+        }
 5+    } else {
 6+        if (m_bytes_encrypted >= REKEY_LIMIT_BYTES || (now - m_time_last_rekey >= REKEY_LIMIT_TIME)) {
 7+            rekey = true;
 8+        }
 9+    }
10+    if (rekey) {
11         LogPrint(BCLog::NET, "Rekey limits reached, performing rekey.\n");
12         msg.data[2] |= (1u << 7);
13-        rekey = true;
14     }
Also, it would be nice to replace the various magic values with static constexprs that communicate meaning, like you are already doing in this commit for the rekey values in net.h.