you could also have the current single line above the keyboard like the current landscape keyboard experience, in addition to the extra space in between the split
I dunno, I prefer swipe typing and this doesn't seem like it would work with that.
To me the biggest barriers to long-form typing on the phone are that so many websites screw up form handling for long-form content, and that the cursor maneuvering is still pretty broken.
Websites do weird things when you're typing. Sometimes the input field won't scroll, so you can't see what you're typing. Other times it'll force-scroll to put the current line you're working on at the very top of the screen, so you can't see anything you wrote previously. At least they finally fixed the weird behavior where if you deleted more than a few characters it would start jumping around in the text and duplicating huge sections of it--I think it was around Android 9 that they finally fixed that.
As for moving the cursor, the "swipe on the space bar to move the cursor left and right" works, but trying to go back further, like going up a few lines, is very, very difficult. The cursor will scroll the text box if you move to the edge, but there's no delay in the scrolling, so instead of scrolling a couple of lines and then pausing briefly to give you a chance to stop there, it just immediately scrolls again on the next frame of rendering, so effectively your choices are "scroll within the few lines of text still visible" or "jump all the way to the beginning of your text." Anything else you need to scrub through character by character using the space bar control, which is very slow.
Basically, I don't think the issue is the keyboard itself. I think the issue is that Android has never prioritized long-form text entry, and so it's just very buggy.