BSV Intel the signal, daily
Edition 75
Saturday · May 16, 2026
BSV Network · 24 hours ending May 16, 10:14 UTC

Edition 75

Edited by Bridget Doran · Scanned 10:32 UTC, May 16 · Blocks 949,230 → 949,373 · 3,277,875 transactions
Largest move
$315K
20,009 BSV · whale tier
Avg block time
7.8min
off schedule
Throughput
49tx/s
peak 468 tx/s
BSV price
$15.73
▼ 4.5% · 24h
№ 01 Chain Health

8 pools, running fast

8 pools produced today's 144 blocks at an average interval of 7.8 min — running fast relative to the 10-minute target.

5.3 min
Median interval
half the blocks faster
67
Fast blocks1
under 5 min
280,843
Largest block
block 949,371
Fast and slow blocks are an expected feature of Proof of Work, not a defect. Block timing follows a Poisson process (random spacing around a steady average), so clusters of fast or slow blocks happen even when hashrate is unchanged.
Block cadence · 144 blocks · 18.4h
Fast (<5 min) · 67 Normal · 62 Slow (>20 min) · 15
For the technical reader

Block timing. Mean interval 468.3 seconds (7.8 min) over 142 measured intervals across 144 blocks; median 318 seconds (5.3 min). Range 5 s to 2790 s (46.5 min).

Cadence. Average interval 7.8 min — running fast relative to the 10-minute target. 8 pools produced today's blocks.

Largest block. Block 949,371 at 280,843 transactions, the peak load in the window. Avg tx/block across all 144 blocks was 22,763.

№ 02 Mining Distribution

8 pools produced today's 144 blocks

Mining-Dutch led at 33.3%. Distribution within normal range.

Mining-Dutch 33.3%
taal.com 17.4%
CUVVE 13.9%
qdlnk 12.5%
GorillaPool 8.3%
molepool.com 4.9%
SA100 4.2%
Kryptex 3.5%
For the technical reader

Pool identification is by coinbase signature; pools that don't sign or use unrecognized tags appear as untagged producers. The _Teranode suffix (e.g., taal.com_Teranode) marks blocks attributed to a pool running the Teranode node software — based on observable signals in the block data, not a formal protocol marker. GorillaPool.io may also be running a Teranode (observed in the Teranode explorer); when blocks become attributable to that node, they would appear with the suffix as well.

Block counts: Mining-Dutch 48, taal.com 25, CUVVE 20, qdlnk 18, GorillaPool 12, molepool.com 7, SA100 6, Kryptex 5. 141 of 144 blocks identified.

№ 03 Capital Flow

116 movements crossed the chain

1 of them moved more than 10,000 BSV, a combined ~$314,748 at today's price.

1
Major
> 10K BSV
~$157,300+
24
Notable
1K – 10K BSV
~$15,730 – 157,300
91
Significant
100 – 1K BSV
~$1,573 – 15,730
Top movements
20,009.41BSV
≈ $314,748 71751e99cf…
1 → 4 Neutral
5,764.75BSV
≈ $90,680 b53e2d7e6c…
1 → 2 Neutral
5,249.76BSV
≈ $82,579 7cedd40d26…
1 → 3 Neutral
3,666.67BSV
≈ $57,677 d0d6e1032c…
1 → 2 Neutral
For the technical reader

Tier thresholds. Major > 10K BSV; Notable 1K – 10K BSV; Significant 100 – 1K BSV. Counts are unique transactions in the 24-hour window moving value within these bands; the 100-BSV floor excludes ordinary day-to-day payments.

Shape is input-count → output-count. Pattern is heuristic:

Neutral: typical payment shape (1→2 or 2→2, one payment + change).
Consolidation: many inputs, few outputs (UTXO cleanup or sweep).
Distribution: few inputs, many outputs (payouts, faucet, batch send).

№ 04 Throughput & Market
BSV / USD
$15.73
▼ 4.5% over 24h
Throughput, avg
49tx/s
peak 468 tx/s · 10-min window
Avg tx / block22,763
Max tx / block280,843
Total transactions3,277,875
10-min peak280,852
For the technical reader

TPS is computed over the 18.4 hours of the scan window in 10-minute intervals, not per block. The peak is the busiest 10-minute window observed (280,852 transactions, ≈ 468 tx/s for that window).

Price source: real-time quote at scan completion. 24h change is from a rolling 24-hour spot reference.

№ 05 Transaction Velocity

Activity by hour, across 21 hours

3,277,875 transactions mapped to 10-minute windows. The brightest cell is the busiest window of the day.

1518210003060911:00:10:20:30:40:5015:00 UTC — 0 txs15:10 UTC — 0 txs15:20 UTC — 0 txs15:30 UTC — 0 txs15:40 UTC — 127 txs15:50 UTC — 0 txs16:00 UTC — 0 txs16:10 UTC — 244,754 txs245k16:20 UTC — 60,416 txs16:30 UTC — 69,807 txs16:40 UTC — 0 txs16:50 UTC — 206,750 txs207k17:00 UTC — 0 txs17:10 UTC — 84,306 txs17:20 UTC — 0 txs17:30 UTC — 0 txs17:40 UTC — 105,532 txs17:50 UTC — 0 txs18:00 UTC — 0 txs18:10 UTC — 13,949 txs18:20 UTC — 0 txs18:30 UTC — 69,964 txs18:40 UTC — 49,811 txs18:50 UTC — 21,677 txs19:00 UTC — 38,554 txs19:10 UTC — 30,254 txs19:20 UTC — 0 txs19:30 UTC — 11,684 txs19:40 UTC — 1,404 txs19:50 UTC — 0 txs20:00 UTC — 50,059 txs20:10 UTC — 66,170 txs20:20 UTC — 35,625 txs20:30 UTC — 57,453 txs20:40 UTC — 0 txs20:50 UTC — 1,825 txs21:00 UTC — 24,934 txs21:10 UTC — 810 txs21:20 UTC — 756 txs21:30 UTC — 303 txs21:40 UTC — 271 txs21:50 UTC — 598 txs22:00 UTC — 0 txs22:10 UTC — 0 txs22:20 UTC — 0 txs22:30 UTC — 2,844 txs22:40 UTC — 218 txs22:50 UTC — 7,644 txs23:00 UTC — 0 txs23:10 UTC — 1,311 txs23:20 UTC — 896 txs23:30 UTC — 583 txs23:40 UTC — 0 txs23:50 UTC — 0 txs00:00 UTC — 2,208 txs00:10 UTC — 1,396 txs00:20 UTC — 0 txs00:30 UTC — 122,650 txs123k00:40 UTC — 90,798 txs00:50 UTC — 150,633 txs151k01:00 UTC — 32,660 txs01:10 UTC — 330 txs01:20 UTC — 62,326 txs01:30 UTC — 0 txs01:40 UTC — 137,082 txs137k01:50 UTC — 420 txs02:00 UTC — 83,769 txs02:10 UTC — 41,129 txs02:20 UTC — 39,863 txs02:30 UTC — 34,739 txs02:40 UTC — 1,073 txs02:50 UTC — 485 txs03:00 UTC — 0 txs03:10 UTC — 9,713 txs03:20 UTC — 74,245 txs03:30 UTC — 106,511 txs03:40 UTC — 3 txs03:50 UTC — 11,187 txs04:00 UTC — 52,573 txs04:10 UTC — 0 txs04:20 UTC — 0 txs04:30 UTC — 148,434 txs148k04:40 UTC — 782 txs04:50 UTC — 468 txs05:00 UTC — 0 txs05:10 UTC — 0 txs05:20 UTC — 873 txs05:30 UTC — 0 txs05:40 UTC — 2,138 txs05:50 UTC — 116 txs06:00 UTC — 1,104 txs06:10 UTC — 461 txs06:20 UTC — 267 txs06:30 UTC — 290 txs06:40 UTC — 0 txs06:50 UTC — 1,143 txs07:00 UTC — 22,523 txs07:10 UTC — 51,353 txs07:20 UTC — 103,144 txs07:30 UTC — 0 txs07:40 UTC — 0 txs07:50 UTC — 0 txs08:00 UTC — 201,985 txs202k08:10 UTC — 19,966 txs08:20 UTC — 1,689 txs08:30 UTC — 721 txs08:40 UTC — 172 txs08:50 UTC — 0 txs09:00 UTC — 0 txs09:10 UTC — 112,374 txs112k09:20 UTC — 0 txs09:30 UTC — 0 txs09:40 UTC — 280,852 txs281k09:50 UTC — 8,914 txs10:00 UTC — 0 txs10:10 UTC — 1,024 txs10:20 UTC — 0 txs10:30 UTC — 0 txs10:40 UTC — 0 txs10:50 UTC — 0 txs11:00 UTC — 0 txs11:10 UTC — 0 txs11:20 UTC — 0 txs11:30 UTC — 0 txs11:40 UTC — 0 txs11:50 UTC — 0 txsActivity:High
Peak 10-min window: 280,852 txs Coverage: 144 blocks · 18.4h 05-15 15:47 UTC → 05-16 10:14 UTC
For the technical reader

Dark cells indicate 10-minute windows where no block was mined: a natural result of the Poisson process governing Proof of Work.2 Transactions broadcast during those windows appear in the next mined block.

Each row = one hour of the scan. Each column = a 10-minute bucket within that hour. Read left-to-right within a row, then down to the next hour.

Poisson process. A random event process where events occur independently at a stable average rate, but with unpredictable spacing. Block times have a 10-minute average but individual intervals scatter widely; that's not a bug, it's how the math works.
№ 06 On-chain Activity

6.6 million outputs, by purpose

The TxBlaster service produced 98.5% of transactions, posting paired payment and data-publication outputs continuously. The breakdown below isolates the remaining 1.5% so other activity is readable.

A note on storage. OP_RETURN data is prunable: nodes can discard it without breaking consensus, but reading it back requires running an indexer. UTXO-resident patterns (STAS tokens, spendable metadata, ordinal envelopes) remain in the chain's state and are recoverable from any pruned node. As BSV scales, the architectural direction is toward UTXO-resident data, not OP_RETURN.
All transactions, by source
TxBlaster · 98.5%
1.5%
3,228,175 tx 49,700 tx · all other
Excluding TxBlaster3 · 121,116 outputs
Payment 62.4% 75,527
P2PKH 66,984 · P2PK 8,509 · Multisig 34
Data Publication 37.5% 45,461
OP_RETURN 45,270 · Ordinal envelopes 177 · Spendable metadata 14
Contracts & Tokens 0.11% 128
STAS Gen 3: 97 · Custom locking: 31 · 8 unique structures
TxBlaster is an identified, automated service that posts paired P2PK + OP_RETURN transactions continuously. We count it separately not because it's less legitimate (every fee-paid valid transaction is real chain activity), but because at 98% of transaction count today, it would visually overwhelm everything else. The numbers above show what the other activity looks like.
For the technical reader

Purpose classifies outputs by what they're locked to:

Payment: P2PKH, P2PK, multisig (spendable value).
Data Publication: OP_RETURN, ordinal envelopes, spendable metadata (carrying data).
Contracts: STAS tokens, custom locking scripts (programmable spend conditions).

Spendable metadata (heuristic): scripts with signature verification followed by data removed via OP_DROP. Metadata isn't consumed by validation logic but remains on-chain in the UTXO set.

Unique structures: a contract structure is a normalized script skeleton with variable data (hashes, signatures, pubkeys) removed. 8 unique structures observed today across 128 contract outputs.

№ 07 Protocols & Content

What people published, and how it was framed

Open standards used to format data on-chain, and the MIME types declared in those publications.

Protocol · open standards defining data format
MAP 2,516Metanet4 1,242B:// 1,057AIP 4531Sat-Ordinal 176STAS 76BSV-21 75OPUB 7
Metanet (the original). The 2018-2019 nChain protocol: a 4-byte "meta" push in OP_RETURN that defines a DAG of parent-txid-linked records. Not to be confused with the newer BRC-100 "Metanet" wallet/overlay ecosystem, which uses the same word for a different thing.
Content Type · MIME types in declared inscriptions
text/markdown 450text/plain 378image/jpeg 193application/bsv-20 75application/json 55image/webp 53image/png 48text/html 39
For the technical reader

Content Types are MIME declarations sourced from two structures: ordinal envelopes (1Sat-style spendable inscriptions) and B:// protocol OP_RETURN publications. Outputs that don't declare a MIME type aren't counted here.

application/bsv-20 covers both BSV-20 and BSV-21: both protocols declare "p":"bsv-20" in their JSON and most inscriptions inherit the legacy MIME type. Protocol differentiation happens via JSON fields (tick = BSV-20 ticker mode; sym/id = BSV-21 tickerless mode).

№ 08 Overlay Directory

43 SHIP endpoints · 32 SLAP endpoints

BRC-88 topic registrations announce who is hosting which overlay services on chain.

SHIP · intake side
43endpoints
across 51 topics
SLAP · query side
32endpoints
across 46 topics
Top topic managers · SHIP (of 51)
tm_uhrp 7tm_users 7tm_template 5tm_basketmap 4tm_protomap 4
Top lookup services · SLAP (of 46)
ls_uhrp 5ls_users 5ls_template 5ls_identity 3ls_basketmap 3
Directory topics tm_ship (21) · tm_slap (21) · ls_ship (6) · ls_slap (6)
For the technical reader

BRC-88 SHIP/SLAP. Topic registrations on chain that announce which overlay services a node hosts. SHIP is the intake side (which topics this node accepts); SLAP is the query side (which topics this node can answer for).

endpoints = unique (URL, identity key) pairs. advertisements = signed unspent UTXOs on chain, each declaring one endpoint hosts one topic. topics = named overlay services like tm_uhrp or ls_ship.

Snapshot from 2026-05-16 11:15 UTC. Counts come from the four trackers hardcoded into the BSV SDK (overlay-us-1, overlay-eu-1, overlay-ap-1, users.bapp.dev). BSV apps query these to find which servers host the overlay topics they need.

№ 09 Identifiable Activity

Applications and tokens with recognizable fingerprints

GaiaLog led identifiable activity at 28,967 transactions. Most chain activity carries no such identifier; the names below are services whose on-chain shape is recognizable from prior analysis.

GaiaLog 28,967ButterCup 1,189TreeChat 1,136dxs 574MNEE 73memo.cash 68BSV Live Master 353D Ordi 32mintBlue 9Indelible 8ForgeChain 3OYO 2
Application Token Media / NFT
For the technical reader

Patterns are matched against a curated catalog of known protocols and application signatures: MAP tags, B:// envelopes, AIP, OPUB, ordinal mime declarations, custom STAS structures. Some come from WoC tags; others are identified through analysis. New patterns are added editorially as they emerge.

Counts are unique transactions touching each application's recognizable structures. A transaction can match more than one pattern.

№ 10 Script of the Day

Ordinal Inscription

ORDINAL · selected from 177 candidates

Ordinal Inscription with a 209-byte payload

What it does. This script embeds data inside a conditional branch. The OP_FALSE OP_IF block carries the payload (marked "ord"), while the P2PKH suffix enforces signature-based ownership.

Why it matters. Encodes ownership into individual satoshis. Transferable by spending the UTXO.

TX 1108a9ba9e… Block 949,231 209 script bytes
OP_0 OP_IF 6f7264 OP_1 <DATA> OP_0 <DATA> OP_ENDIF OP_DUP OP_HASH160 <DATA> OP_EQUALVERIFY OP_CHECKSIGVERIFY <DATA> OP_CHECKSIG
For the technical reader

Selection is editorial: one script per day from a curated category (Data Carrier, Token Mint, Complex Contract, Hash Puzzle, etc.). Candidate count shows how many similar scripts appeared in the same window.

The skeleton normalizes pushes to <DATA> for pattern comparison across transactions.

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