`restrict` pointers have nothing to do with the underlying "object" they point into (an array in this case). `restrict` lets the compiler assume that reads through a restricted pointer or any pointer expressions derived from it are only affected by writes through that pointer or expressions derived from it. There are only two writes in this example: `*x = 0`, which is trivially correct; and `*ptr = 1`, where `ptr` is derived from `x` (via `ptr = (int *)(uintptr_t)x`) so this is also correct. However, it's now easy to see that the optimization replacing `xaddr` with `y2addr` causes undefined behavior since it changes `ptr` to be derived from `y`. The post addresses this in "The blame game" and mentions that integers could carry provenance but that it's infeasible to actually do this.
The weak provenance solution is to ban optimizing the pointer to integer casts since they have a (conceptual) side-effect. The strict provenance proposal points out that the side effect is only observable if the integer is cast back to a pointer, so we can keep optimizing pointer to integer casts and instead ban integer to pointer casts. For example, an operation like `(int *)xaddr` is banned under strict provenance. Instead, we provide a casting operation that includes the pointer to assume the provenance of; something like `(int * with x)xaddr`. With this new provenance-preserving cast, we can see that the final optimization of replacing `*x` with its previously assigned value of `0` is no longer possible because the code in between involves `x`.