Cointime price (coinblocks basis)
the paper's verbatim version of the same floor
The same floor estimate as cointime price, computed the way the original paper wrote it. It is published beside ours so the choice between the two ways of counting time is something you can see rather than something we assert.
DefinitionThe ARK paper's verbatim formula: sum(price x coinblocks destroyed) / cumulative coinblocks stored. Coinblocks count one block of holding; coin-days count one day. Rob's 2026-08-05 call made coin-days the published basis.
LimitProvisional, and near-duplicate: it tracks the published cointime price at a correlation of 0.9999 and a typical level gap of 1.3%. Do not read it as a second opinion, only as a check on the basis.