Never heard of this before. I would keep it simple, generate a seed offline with Sparrow wallet(desktop) or Bluewallet (mobile) set also a passphrase, store de seed and passphrase offline and separated.
What I can see happening in the future: Quantum threat pushed, Satoshi and other coins frozen. Then we will see a few million coins are in fact permanently lost, then a proposal to print more coins to make up for the lost coins will be proposed, also to pay miners. They will say that it will be just until it makes up for the lost coins, then they will try to make it a forever feat.
bip110 had noble intentions and arbitrary data storage is/can still be a problem mostly because of the discount. I also think Core is rotten and the cure for that is running other implementation. It was clear from the start bip110 activating was unlikely, the fact that it did not doesn't mean bitcoin is captured, it simply did not have enough consensus. Luke wanting an HF is very sus, looks like he wants to make up for his lost coins, also how would that chain act if facing a similar situation? Another HF called by Luke? Bitcoin has problems, starting a clone does not solve the problems. Run alternative implementations, build circular bitcoin economies, get a bit of hashrate.
what bip110 showed it's that we need to decentralized the economic power by creating circular economies, and we need to decentralize mining, plebs must start owning the majority of the hashrate. Currently the plebs probably loose on both ends, hashrate are suits majority and economic power(nodes) the same, this isn't about 110, it's that any SF that we don't want or even an HF we might not win.
They could do more than that, if the user reached them and prove that he is the legit owner, the owner could give the tx ID that they were planning on broadcasting and miners would include just that or just send the tx to the miners out of band.