Do we have to use OAuth after 2019/12/31?

Do we have to use OAuth after 2019/12/31?

I am a PHPer.  I am migrating the API from V1 to V2.
Can we use 
https://accounts.zoho.com/apiauthtoken/nb/create?COPE=ZohoCRM/crmapi&EMAIL_ID='.$email.'&PASSWORD='.$password.'&DISPLAY_NAME=SGCRM'
to generate a token to request the V2 APIs?

Because I found that I can also request V2 APIs by putting this token to the header( Authorization) now.



Thank you.