Old PNGs will work just fine. And forward compatibility is much less important.

The main use case for PNG is web browsers and all of them seem to be on board. Using old web browsers is a bad idea. You do get these relics showing up using some old version of internet explorer. But some images not rendering is the least of their problems. The main challenge is actually going to be updating graphics tools to export the new files. And teaching people that sRGB maybe isn't good enough any more. That's going to be hard since most people have no clue about color spaces.

Anyway, that gives everybody plenty of time to upgrade. By the time this stuff is widely used, it will be widely supported. So, you kind of get forward compatibility that way. Your browser already supports the new format. Your image editor probably doesn't.