In response to feedback, the Hourglass proposal to mitigate against potential mass liquidation of P2PK funds has been enhanced to further limit spend amounts from such outputs to only 1 bitcoin per block.
https://github.com/cryptoquick/bips/blob/hourglass-v2/bip-hourglass-v2.mediawiki

Prior discussion of the original Hourglass proposal:
https://groups.google.com/g/bitcoindev/c/zmg3U117aNc/m/lDCMs9j7EAAJ

Thoughts & feedback welcome!

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