this is extremely blockspace inefficient: legitimate owners need 50 txs to move one UTXO
mandates address reuse, which is bound to leak information on the coin owners usage patterns
creates a massive competition for inclusion among all remaining P2PK UTXOs upon activation with a potentially huge portion of the P2PK UTXOs being turned into fees for users wanting to get them out sooner than in 32 years
If the idea is to turn the remaining P2PK UTXOs into a ~constant tail emission, it would be more honest to propose a hardfork that does that.
Concept meh.
If the idea is to turn the remaining P2PK UTXOs into a ~constant tail emission, it would be more honest to propose a hardfork that does that.